BusinessNews

Neobanking startup Fi has raised around $50 million

Neobanking startup Fi (earlier epiFi) has raised around $50 million in what appears to be a Series B round led by B Capital. This is the second fundraise for the Bengaluru-based startup in 2021. In June, it had raised a $12 million Series A round. Fi has approved the allotment of 1 value and 3,90,531 Series B CCPS at a face value of Rs 10 and a premium of Rs 9,485.25 per share to raise Rs 370.81…
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Adda247 raised $20 Mn in a new round drove by Westbridge

Adda247, an edtech startup zeroed in on the public authority test preparation section, is in advanced stage talks to raise $20 million from a new and existing investor, said two sources aware of the details of the transaction. On September 21, Entrackr had solely announced that Adda247 was scouting for a new round. The Gurugram-based firm was also in talks with edtech giant Unacademy for a…
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B2B automobile spares startup Koovers has raised $1.5 million

B2B automobile spares startup Koovers has raised $1.5 million led by Inflection Point Ventures (IPV), JPIN-VCats and Venture Catalysts. According to the Delhi-based startup, the assets will be utilized to expand its quality across India, expand its item portfolio, and upgrade its innovation platform. Established in 2016 by Vinayak YB, Sandeep Begur and S Prem Kumar, Koovers centers around…
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Acko has raised $255 million in a new round led by General Atlantic and Multiples Private Equity

Digital insurance supplier Acko has raised $255 million in a new round led by General Atlantic and Multiples Private Equity. The round also saw participation from CPPIB, Lightspeed Growth and existing investors Intact Ventures and Munich Re Ventures. According to Acko, the new assets have been raised at a valuation of $1.1 billion, making it the 34th unicorn this year to pave its way into the…
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OneCard in talks to wipe up $100 million in a new round from new and existing investors

Mobile-first credit card company OneCard, possessed by FPL Technologies, is in talks to wipe up $100 million in a new round from new and existing investors, according to two sources aware of the details of the conversation. This will be the third infusion in the Pune-based company in 2021 which had raised $35 million in two tranches in its Series B round led by Sequoia Capital and QED…
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D2C petcare brand Wiggles has brought $5.5 million up in a new round

D2C petcare brand Wiggles has brought $5.5 million up in a new round drove by Anthill Ventures. Panthera Peak Ventures alongside a few new and existing investors, for example, Varun Alagh, Nikhil Bhandarkar and Nachiket Deshpande have additionally partaken. The funding cash will be utilized for R&D of new classification creating items and development, said Wiggles in an official…
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Healthcare Edtech startup Virohan has brought extra $1.3 million up in a bridge round

Healthcare edtech startup Virohan has brought extra $1.3 million up in a bridge round from its existing benefactors like Keiretsu Forum, Priya Shah, Better Capital, Vikas Gambhir and Joydeep Battacharya. According to Virohan, the assets will be utilized to grow to new topographies PAN India, to create fresher training programs, content in vernacular dialects and to foster their innovative bleeding…
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Legaltech startup raises $10 million in a new round

Legaltech startup Vakilsearch raises $10 million in a new round drove by InCorp India. Through this exchange, Kalaari Capital is additionally exiting its investment. Prior in 2015, private value firm Kalaari Capital had invested $2 million in Vakilsearch. It had additionally raised an undisclosed total from Udaan prime supporter Sujeet Kumar in 2020. According to the Chennai-based startup, the…
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Cloudphysician has raised $4 million in its pre-Series A round

Cloudphysician, a healthcare and innovation arrangements supplier, has raised $4 million in its pre-Series A round drove by Elevar Equity. According to the Bengaluru-based startup, the assets will be utilized to expand its critical care footprint globally, foster adjacent arrangements and develop its commercial, medical, innovation and data science talent. Established in 2017 by Dr Dhruv Joshi…
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LoveLocal has raised $18 million in its pre-Series B round

Hyperlocal online business startup LoveLocal (in the past m.Paani) has raised $18 million in its pre-Series B round drove by Vulcan Capital. Flat Capital and Alumni Ventures Group and Commerce Ventures have also joined the new round. Existing backers – Blume Ventures, AC Ventures, HenkelX Ventures, and Chiratae Ventures — also invested, with Candy Ventures significantly increasing its…
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