Investment

Rapawalk Raises $300K in Seed Round from Inflection Point Ventures

Rapawalk Raises $300K in Seed Round from Inflection Point Ventures

Investment
New Delhi, Nov. 13 2020: Rapawalk, Bangalore based online footwear brand that offers a personalized service to its customers, has raised $3,00,000 in seed round led by Inflection Point Ventures. The funds raised in this round will be used towards scaling up the business. Rapawalk plans to continue expanding their online business for the coming 12-15 months and also offer an omnichannel shopping experience to its customers. Vinay Bansal, Founder & CEO, IPV says,'' We believe in the growth story of customized footwear in India, especially with our insight that every customer’s foot is different, and standard shoe sizes are not enough for the discerning customer. Rapawalk being in the D2C segment, offers a great personalized footwear design and shopping experience whil...
Clientjoy Closes $800K Pre-Series A Funding from GVFL

Clientjoy Closes $800K Pre-Series A Funding from GVFL

Investment, News
Ahmedabad, Nov. 09, 2020: Clientjoy, the Ahmedabad based SaaS platform, has raised $800K  in Series A funding from GVFL (Gujarat Venture Finance Limited), an early-stage venture capital firm. Launched in 2019, by 4 entrepreneurs, Clientjoy offers Client Life-Cycle Management Software for modern agencies, services companies, and freelancers to manage Leads, Proposals, Clients, Invoicing, and Revenues under a single roof. In its initial journey, the company was funded and supported by other angel investors and CIIE –a startup incubator established by IIM Ahmedabad. Clientjoy Team Speaking on the announcement, Mr Yash Shah (co-founder & CEO, Clientjoy) said, “At Clientjoy we are excited about the funding from ...
FreshToHome Raises $121 Mn in Series C Round

FreshToHome Raises $121 Mn in Series C Round

Investment, News
Bangalore, Oct. 27, 2020: FreshToHome, a fully integrated online brand in fresh fish and meat e-commerce has raised $121M in Series C funding led by Investment Corporation of Dubai (ICD), the principal investment arm of the Government of Dubai, Investcorp, a leading global manager of alternative investments, Ascent Capital, a leading India-focused growth capital provider,  U.S. Government’s development finance institution, DFC, the Allana Group and other investors. Iron Pillar, the lead investor from Series B participated in this round with a significant investment of $19M. Barclays was an advisor for the transaction. “COVID-19 transformed the fish and meat purchasing behaviour of consumers dramatically. Due to safety concerns, consumers made t...
Betterplace Closes $10 Mn in Series B funding

Betterplace Closes $10 Mn in Series B funding

Investment, News
Bangalore, Oct. 27, 2020: Betterplace, a tech platform delivering digital solutions for blue collar workforce management throughout the entire value chain, has raised $10 million in a Series B round led by Jungle Ventures and a total of $16 million since its inception. Existing investors, Unitus Ventures, 3One4 Capital, and Venture Highway also participated in the round.  Launched in 2015, Betterplace addresses the $30 Bn India opportunity of blue-collar workforce management, impacting over 450 Mn people. Through its data-driven, tech platform, Betterplace uniquely fulfills the requirements of both enterprises and the workforce in this fragmented and underserved ecosystem. For enterprises, it offers a seamless end-to-end workforce management system with its inbuilt prop...
Jumbotail Closes $11 Mn Funding in Series B2 Round

Jumbotail Closes $11 Mn Funding in Series B2 Round

Investment, News
Bengaluru, October 26, 2020: Jumbotail, a new retail platform and B2B marketplace for food and grocery products, has closed an $11M Series B2 round of funding led by Heron Rock, with participation from Jumbofund, Nexus Venture Partners, Siddhi Capital, Reaction Fund, Pimpernel Holdings and a group of HNIs and industry leaders. Jumbotail serves kirana stores via its full stack e-commerce model consisting of its B2B marketplace platform, an industry leading warehousing and last-mile delivery supply chain network, and a fintech platform for payment and credit solutions to kirana store owners. Jumbotail’s New Retail platform transforms kirana stores into modern omni-channel convenience grocery stores under the J24 brand within 24-48 hours - offering kirana retailers a full suite o...
Signzy Raises $5.4 Mn Led by Arkam Ventures and Mastercard

Signzy Raises $5.4 Mn Led by Arkam Ventures and Mastercard

Investment, News
Bangalore, Oct. 21, 2020: Signzy, a ‘no code AI platform has raised $5.4M from Arkam Ventures and Mastercard.  Signzy’s existing investors, Kalaari Capital and Stellaris Venture Partners also participated in the current round. Signzy, which offers a ‘no code AI platform’ that helps financial services automate risk and compliance processes, said that it is currently dealing with a massive surge in global demand for its solutions on account of the ongoing Covid-19 pandemic. The startup plans to invest to strengthen its AI research and global sales to tap into the increased demand. Ankit Ratan, co-founder of Signzy said, “The ongoing pandemic has not only upended the pace of digitalization in the financial services space but has also led to increased demand for no-conta...
Razorpay Raises $100 Million in Series D Funding Round

Razorpay Raises $100 Million in Series D Funding Round

Investment, News
Mumbai, Oct. 12, 2020: Razorpay today announced its Series D fundraise of $100 Million, giving the company more than $1 Billion in valuation. This round was co-led by GIC, Singapore’s sovereign wealth fund and Sequoia India, along with participation from Ribbit Capital, Tiger Global, Y Combinator and Matrix Partners.  Razorpay helps businesses modernise their financial infrastructure by providing intelligent automated payment and banking solutions to manage their entire money flow, while they focus more on their strategic functions. The new funding gives Razorpay $206.5 Million in investments since its inception in 2014, That includes its recent raise, a $75 Million in Series C in 2019. Razorpay plans to use the new funding to further strengthen and accelerate its two new product...
Israel-based Coralogix Raises $25M in Series B Funding

Israel-based Coralogix Raises $25M in Series B Funding

Investment, News
Mumbai, Oct. 01, 2020: Israel-based Coralogix, provider of leading ML-powered log analytics and monitoring solution, today announced it has raised a $25 million Series B funding round, bringing the company's total amount raised to $41.2 million. New investors such as Red Dot Capital Partners and O.G. Tech VC (backed by Eyal Ofer) co-led the round with participation from existing investors  Aleph VC, StageOne Ventures, Janvest Capital Partners, and 2B Angels. Barak Salomon of Red Dot Capital partners and Roy Oron of O.G. Tech Partners will join the board of directors. Coralogix, today also announced the launch of its real-time analytics solution. The announcement comes on the heels of Coralogix’s recent expansion into India. The company recently establi...