Funding Alert

Avataar Venture Partners Opens a new $350 Mn Fund to invest in B2B, SaaS Firms

The venture capital firm Avataar Venture Partners has announced the opening of Fund II with a target size of $350 million. The fund focuses on SaaS and B2B firms.Mohan Kumar and Nishant Rao founded Avataar in 2019, and it...

Alteria Capital INR 1000 Cr fund closed; Offers New Debt Alternatives

Alteria Capital, a leading venture debt fund in India today announced that its third fund's first closure had reached Rs 1,000 crore. Alteria Capital Fund 3 Scheme A, the third venture debt fund, will provide innovative startups a variety of...

Fireside Ventures Raises its Largest Ever Funding of $225 Million

The third fund of early-stage venture capital firm Fireside Ventures has closed, raising a total of Rs 1,830 crore ($225 million), the largest investment the company has ever raised.Fireside Ventures, a direct-to-consumer (D2C) brand investor, was founded in 2017 and has...

Vecmocon raises $5.2 Mn to empower vehicle intelligence ecosystem

Vehicle Intelligence Firm Vecmocon has raised $5.2M in funding to fuel its ambitious plans to deploy components and build the entire ecosystem for 5 million light Electric Vehicles by 2025. The funding was raised from Tiger Global, Blume Ventures,...

AI Startup Flickstree raises $5 Mn to fund its new globalisation plans

Artificial Intelligence startup Flickstree, has raised $5 Mn. The investment will be used by Flickstree to strengthen its technology and product while expanding globally.The news follows Flickstree's $3 million Series A funding in February 2020 from investors including LionRock Capital,...

Startup Vanity Wagon raises $2 Mn to grow vanity market share

Clean beauty startup Vanity Wagon has secured $2 Mn in its Pre-Series A funding at a valuation of $8 Mn.The funding will be used by Vanity Wagon to strengthen its position in the industry and make brand-building investments. Additionally,...

FourKites to invest $10 Mn to deliver improved supply chain visibility

FourKites has raised $10 million funding to augment its growth across the APAC Region. The investment came in from Mitsui & Co, Ltd.“We are excited to partner with FourKites to bring improved supply chain visibility and efficiency to operations...

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...

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