Buyofuel, an online commercial center for biofuels and squanders, has raised Rs 1.6 crore in a seed round drove by Inflection Point Adventures.
The returns will be utilized in marketing exercises, business improvement and upgrading the current tech stack.
Established in mid 2020, the Chennai-based startup professes to have one of the biggest stockpile bases of biofuels and checked fuel customers.
Bengaluru-based NFT startup Lysto has raised $3 million seed capital from BEENEXT, Better Capital and Cloud Capital.
Private supporters including Binny Bansal, Kunal Shah, Ashish Hemrajani, Parikshit Dhar, Anupam Mittal, Ashish Gupta and Kumar Sudarsan additionally took part in the round.
The recently raised asset will be utilized in item improvement and development of its group size.
The…
Startup Wakefit has raised Rs 200 crore ($28 million) in a financing round drove by US-based SIG and participation from existing investors Sequoia Capital India and Verlinvest.
Wakefit will utilize the new funds for its omni-channel expansion plans, bolstering its production network, technological turn of events and marketing. The company also has plans to foray into the home interiors market.
The…
Capital A, an early-stage focus adventure fund has invested in logistic-tech startup RoaDo. This marks the fund’s maiden investment from its recently announced proprietary fund of $25 million.
Capital-A further plans to invest in 8-10 companies in a year with a ticket size of $50K to $500K and will participate in follow-on rounds as well.
The new proceeds for RoaDo will be conveyed in…
Thrasio-style startup Evenflow has acquired games and wellness brand Xtrim.
With this, Evenflow has made its third acquisition in a month. Already it acquired baby brand BabyPro and Rusabl, an online brand in the daily sustainable category.
Evenflow aims to create a solid and affordable local brand for Indian consumers as well as something that appeals to the international audience with Xtrim’s…
Unnati Agri, a fintech-driven agriculture administration platform, has raised Rs 60 crore or $8 million in its Series A round drove by Incofin Investment Management, NabVentures and Orios.
According to the Noida-based startup, the new capital will be utilized to ramp up its uStore organization and its tech infrastructure. The platform is also looking at geographical expansion to Haryana, Andhra…
Online pre-owned vehicle marketplace Droom had as of late looked into the unicorn club after announcing its $200 million pre-IPO round. By the numbers, it was the seventeenth unicorn in 2021 (this year India has minted 35 unicorns up until now). Notwithstanding, Droom’s Singapore-based holding element’s most vital number: operating income in FY19 and FY20 are underwhelming, to say the…
Saas Startup CloudFiles has raised Rs 2.36 crore in a pre-seed round drove by Titan Capital. Marquee investors Ashish Garg, founder and President at Eltropy and Renil Komitla, Chief at Terralogic Software also participated in the round.
The startup will convey the newly raised capital for team expansion and for item and business advancement.
The integration-first secure record sharing app was…
Battery-as-a-specialist co-op startup Battery Smart has raised a pre-Series A round of $7 million led by Blume Ventures and Orios Ventures.
Green Frontier Capital, Baring Private Equity India along with notable angels like Srinivas Anumolu, K Ganesh, Niraj Singh and Amit Bhasin also participated in the round. Tradecred, an India based obligation firm also contributed Rs 24 crore as obligation in…
Good Glamm Group, which claims direct-to-customer beauty brand MyGlamm, has gathered up $150 million in its Series D round led by Prosus Ventures ( previously Naspers), Warburg Pincus along with the participation from Alteria Capital and existing investors L’Occitane, Bessemer Venture Partners, Amazon, Ascent Capital and the Mankekar Family Office.
The company claims to be India’s first…
