Financial Services & Banks
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Opportunity India Desk Oct 13, 2021 - 2 min readTransteel, one of India's leading D2C brands for office furniture targeted at SMEs and middle-market companies, has received growth capital of Rs 4 crore from marquee investors including India’s leading revenue-based financing player, Klub. Transteel offers purposeful, premium office furniture built for start-ups, small and medium-sized business owners. Transteel launched its D2C vertical in May 2020 as ...
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Opportunity India Desk Oct 13, 2021 - 3 min readNiro, a homegrown embedded consumer lending Fintech, recently announced to have raised $3.5 million in a seed funding round led by Elevar Equity. The funding also saw participation from angel investors like Kunal Shah, Nitin Gupta, Bala Parthasarathy, the Patni Family Office, R. Ramaraj & Aseem Dhru. “At the core of large-scale transformations lies a ...
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Opportunity India Desk Oct 11, 2021 - 2 min readD2C service brand F5, which targets consumers’ daily workplace needs, on Monday announced to have raised pre-Series A funding led by Auxano Capital and other investors including Huddle, LetsVenture, Venture Catalyst. F5 is building a unique hyper-local ecosystem around the daily workplace needs of the consumer, a market which is pegged to be of $100 ...
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Opportunity India Desk Oct 08, 2021 - 4 min readAhmedabad-based robotic startup, Ishitva on Friday announced to have raised a pre-Series A round of over $1 million led by angel investment platform Inflection Point Ventures (IPV). Many waste management and plastic value chain players and veterans also participated including Kamaljyot Investments Ltd (a subsidiary of Excel Industries Ltd), Gandhi Family from GRP Ltd., AVI ...
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Opportunity India Desk Oct 08, 2021 - 4 min readD2C sustainable hygiene brand The Woman’s Company recently announced to have raised $1.4 million in a pre-Series A round led by Pradip Burman, chairman, Mobius Foundation and senior member of the Dabur family. The round was also participated by two US investors, Malini Saba, chairman, Saba Corporation, and Anuradha Gupta, angel investor. Dr. Malini Saba, ...
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Opportunity India Desk Oct 07, 2021 - 2 min readVenture Catalysts, an integrated incubator, and accelerator, on Thursday, announced its latest investment in Sunfox Technologies, a med-tech R&D lab building cardiac diagnosis equipment for the first mile to last mile uses. Along with Venture Catalysts, the seed round was led by Mumbai Angels and Villgro. It focuses on building portable, affordable, minimalistic, and ...
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Opportunity India Desk Oct 06, 2021 - 2 min readChennai-based Kaar Technologies, a Pure-Play SAP digital transformation consulting and services partner, on Tuesday, announced that it raised INR 30 crore in acquisition financing facility from Mumbai-based alternative credit platform, BlackSoil Capital to fuel its inorganic international expansion plans. The platform will use the funds raised for inorganic expansion in the United States of ...
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Opportunity India Desk Oct 05, 2021 - 3 min readBlue-collar workforce management platform Smartstaff (previously Qikwork) on Monday announced to have raised $4.3 million in funding from Blume Ventures, Nexus Venture Partners, and Arkam Ventures, along with Gemba Capital and angels. The funds raised will be used for further enhancing the product and building the team.“With more and more industrial workers getting access to ...
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Opportunity India Desk Oct 01, 2021 - 3 min readWith an aim to disrupt the culinary industry in India, Bengaluru-based hospitality chain VRO Hospitality has raised $3 million (Rs 22.5 crore) in a mix of equity and debt funding in Series A. The funding round was led by CreedCap Asia Advisors along with other undisclosed angel investors. “We ...
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Opportunity India Desk Sep 30, 2021 - 2 min readCloud-based customer engagement platform Exotel on Wednesday announced to have raised $35 million as a part of its Series C funding from IIFL AMC, Sistema Asia Fund, CX Partners, Singularity Growth Opportunities Fund, and Arun Sarin of Vodafone who has also joined the round as an angel investor and a mentor. Existing investors Blume Ventures ...