Funding Alert

This year, VCs in India cut 20% fewer deals than they did last year – Report

VCs in India, cut 20% fewer deals this year compared to the run rate of 130 deals each month last year, according to the India Private Equity Report 2022 by Indian Venture and Alternate Capital Association (IVCA) and Bain...

AlphaSense raises $225M, Double its Presence in India

AlphaSense has raised $225 million in a Series D financing round, led by the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs) and Viking Global Investors.Raj Neervannan, Co-founder and CTO at AlphaSense, revealed, “The Series D round...

upGrad Secures $225M, bucking the trend of fundraising slowdown

Unicorn upGrad, an Edtech firm has reportedly garnered $225 million in a fresh round of funding at a valuation of $2.25 billion.The Mumbai-based company offers, from test prep to study abroad, and undergrad degrees to campus courses in 250 universities....

G.O.A.T Secures $50M to Acquire, Scale New D2C Brands

G.O.A.T Brand Labs, the Tiger Global and Flipkart Ventures-backed D2C brand aggregator has garnered an investment of $50 million as part of its Series A1 round of funding from new and existing investors.Announcing the funding round, and way forward,...

Purplle Makes the Unicorn Leap with $33M Funding

Purplle which raised a fresh investment of $33 Million has become the newest member of the startup unicorn club, with a $1.1 billion valuation. The startup will be using the capital for business expansion and scaling its private brands.Apart...

Startup Kissht Raises $80M, to Bolster Ring Card adoption

Kissht, a Mumbai based fintech startup has chalked out plans to expand the adoption of its new card named Ring. As part of its growth strategy it secured $80 Million in funding round led by Vertex Growth and Brunei...

Physics Wallah Raises $100M to Open New Pathshala’s in India

Physics Wallah, a unicorn edtech now, announced on Tuesday it has secured $100 million in Series A funding to expand its business, open more learning centres, and introduce more courses.The startup raised the funding from UK-based Westbridge and...

Big Spike in Venture Investments in Early June’22

The venture investments for the first week of June totaled $326 million, spread across 24 transactions, compared to $191 million in the previous week's comparable period. When the expected $300 million infusion into ShareChat is factored in, the total...

Curefoods Raises $50M to Expand, and Fund New Acquisitions

Curefoods, the cloud kitchen firm has secured $50 million funding to expand into new geographies and fund new acquisitions.Founded in 2020 by former Flipkart executive and Cultfit founder Ankit Nagori, Curefoods, with a Thrasio-like model, acquires cloud kitchen brands...

ShopSe Raises $6.1M; to add 150,000 new retailers to its platform

ShopSe, an instant EMI platform, has raised $6.1 million to widen its services to 150,000 more retailers, increase its talent pool,lender partnerships, and further augment platform capabilities.ShopSe was founded in 2020 by former PayU employees Pallav Jain, Abhishek Nimonkar,...

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