Funding Alert

Elucidata set big goals with new $16 Million funding

Elucidata, Power data-centric biological discovery company said that it has raised $16 million in a Series A round.AThe funds will be deployed to expand product strengths in the areas of translational drug research and allied markets, scale go-to-market initiatives...

Molbio Diagnostics raises $85 Mn to develop a new variety of near-care diagnostics

Molbio Diagnostics announced today it has raised $85 Million from Temasek along with existing investor Motilal Oswal Alternates, at a Unicorn valuation.According to the official statement, the company which provides solutions for universal access to high-quality healthcare would use...

Join Ventures Secures $23.5 Million to fast track new digital first product launches

Join Ventures, has raised $23.5 million (Rs 187 crore) in a Series B round. The Mumbai-based house of D2C brands for celebrations include IGP.com, Interflora India, IGP for Business, and Masqa. The funding round was led by MO Alternate...

Deep Rooted raises $12.5 Million to fund new expansion plans

Deep Rooted has raised $12.5 million in a round led by IvyCap Ventures along with participation from existing investors Mayfield, Accel, and Omnivore.The company plans to invest the new fund to expand operations to several new cities in South...

Murf ai secures $10M for AI Voice Generator innovation, market growth

Murf ai has raised $10 million in a Series A funding round led by Matrix Partners India, with participation from existing investor Elevation Capital.Murf intends to use these funds to accelerate R&D, scale its footprint in targeted geographies, and...

Zopper raises $75M to increase all around growth

Zopper, an insurance infra API platform has raised $75 million in Series C funding led by Creaegis, with participation from ICICI Venture and Bessemer Venture Partners. Existing investor Blume Ventures also participated in the round.The company plans to use...

Rephrase.ai to Invest $10.6M for New Product Development, Expand in North America

Rephrase.ai has raised $10.6 million in a Series A round of funding led by Red Ventures. The company plans to invest the new fund for product development, hiring, and expanding its presence in North America.Founded in 2019 by Ashray...

EPACK Durable raises $40M to expand capacity, and backward integration

EPACK Durable , an Outsourced Design Manufacturers (ODM) of Room Air Conditioners (RAC), has announced a second round of capital infusion of $40 million led by Affirma Capital.Epack Durable boasts an installed capacity of over 2.4 million RAC and...

Sigmoid Raises $12M to Focus on New Industry Segments

Tech startup Sigmoid, to further grow its market share, and foray into new data industry segments, has secured $12 million in a Series B round from Sequoia Capital India—in a mix of primary and secondary funding.The new round of...

Nobel Hygiene raises INR 132 Cr to dominate market share

Nobel Hygiene has raised Rs 132 crore from its current investor Sixth Sense Ventures, a domestic consumer-focused startup fund. The money will help Nobel Hygiene achieve its goal of dominating the market for absorption hygiene products.According to a statement,...

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