Berlin-based startup SIRIUS has successfully raised $4 million in Seed funding to enhance the online music education experience for students and teachers alike. Founded in 2020 by data scientist and piano enthusiast Sebastian Riegelbauer, SIRIUS addresses the pressing challenges faced by music teachers and learners, particularly in urban areas where long waiting times for lessons are common.
The…
Digital banking startup Freo, backed by Peak XV, is set to relocate its domicile from Singapore to India, marking a significant shift in the startup landscape. This move aligns with a growing trend of startups returning to their home market, driven by the expanding opportunities within India’s financial sector.
Freo, which operates under Singapore-headquartered MyCash Fintech, is in the early…
In a vibrant and growing sector, sauce startup Troovy is making headlines as it enters advanced discussions to raise ₹11-13 crore (approximately $1.5 million) from investors, including Sharrp Ventures, the investment arm of Marico’s Harsh Mariwala family. This funding round signifies a promising step for Troovy, aiming to carve out a substantial market presence in India’s competitive sauce…
In a significant move for the Indian spacetech sector, Infosys has announced an investment of INR 17 crore (approximately $2 million) in GalaxEye Space Solutions Pvt Ltd. This funding comes as part of the Infosys Innovation Fund, aimed at supporting innovative startups in emerging technologies.
About GalaxEye
Founded in Bengaluru, GalaxEye is an IIT M-incubated startup focused on Earth observation…
z21 Ventures Secures $20 Million First Close for Fund II to Support Early-Stage AI and SaaS Startups
z21 Ventures, a prominent venture capital firm dedicated to early-stage technology investments, has announced the successful first close of its second fund at $20 million, with a target of reaching $40 million. This significant milestone comes with the backing of anchor investor WestBridge Capital, a global investment firm recognized for its strategic investment focus and robust portfolio.
Rapid…
The Department for Promotion of Industry and Internal Trade (DPIIT) is set to launch BHASKAR, an innovative digital platform designed to enhance India’s startup ecosystem. This initiative, part of the Startup India program, aims to centralize and streamline collaboration among key players, including startups, investors, mentors, service providers, and government entities.
BHASKAR aligns with the…
Edtech unicorn Physics Wallah (PW) has successfully raised $210 million in its latest Series B funding round, which was led by Hornbill Capital. This substantial investment marks a significant leap for the startup, bringing its post-money valuation to an impressive $2.8 billion. The funding round also included participation from Lightspeed Venture Partners and existing investors such as GSV and…
Kolkata-based SaaS marketplace startup NowPurchase has successfully raised $6 million in a funding round led by existing investor Info Edge Ventures. The investment, which comprises a mix of equity and debt, also attracted participation from other notable investors, including Orios Venture Partners, 100 Unicorns, and VC Grid, along with family offices and angel investors. This capital infusion is…
Bengaluru-based direct-to-consumer (D2C) Ayurveda platform Kapiva is on the hunt for INR 300-330 crore (approximately $40 million) in funding to further bolster its operations and expand its market presence. Founded in 2016, Kapiva has made a name for itself with its diverse range of Ayurvedic nutrition products, which include juices, gummies, capsules, hair oils, and shampoos. The company aims to…
Schmooze, an AI-driven meme-based dating app, has successfully raised $4 million in a Series A funding round led by Elevation Capital. The funding also attracted participation from notable angel investors, including founders from UltraHuman, The Souled Store, Mosaic Wellness, and Paytm.
Founded in 2021 by Vidya Madhavan and Abhinav Anurag, Schmooze initially targeted US users but expanded to the…
