Financial Services & Banks
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Opportunity India Desk Sep 29, 2021 - 3 min readZypp Electric (Zypp), a hyperlocal and last-mile delivery service provider that uses only electric vehicles (EV) to deliver products, on Tuesday announced to have raised around $7 million in a Series A round co-led by 9Unicorns and Anthill Ventures as investors. The round also witnessed participation from marquee family offices and early-stage funds; Nanavati Family ...
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Opportunity India Desk Sep 28, 2021 - 2 min readD2C feminine hygiene and intimate skincare brand Sanfe has raised a fresh Series A funding of US$ 1 million. This fresh infusion comes from the likes of LetsVenture, Ajay Garg, Tarun Sharma, Arjun Vaidya, Dhimant Parekh among other D2C founders. Sanfe’s online business has grown by 55 percent in the current quarter and the brand has ...
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Opportunity India Desk Sep 27, 2021 - 2 min readThe Jaipur-based B2B pharmatech startupMEDdeliveryon Monday announced to have raised around $1million in investments from investors like Auxano Entrepreneur Trust, Lets Venture, Kisho Capital, Venture Garage, and Marquee Angels. “With MEDdelivery, our aim is to increase accessibility, availability, and affordability of medicines especially in non-metro markets which are dominated by locally-run pharma companies,” said Aastha ...
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Opportunity India Desk Sep 24, 2021 - 3 min readBengaluru-based QSR startup Auntie Fung’s has recently announced that it raised INR 3.35 crore in an angel round led by India Angel Network. The round was led by angel investors Anjali Malhotra, Ajay Rajgarhia, and Nitin Jain. The round also saw participation from Lead Angels, Lets Venture, and Chandigarh Angels. Previously, the startup had raised ...
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Opportunity India Desk Sep 24, 2021 - 2 min readHyderabad-based fintech startupCredRight on Thursday announced to have raised $2.7 million from 9 Unicorns, Spearhead Capital and Venture Catalyst, along with existing investors YourNest, Accion Venture Labs, and prominent angels. The funds raised will be utilized to increasing the managed loan book, expanding the team size, investing in tech platforms and analytics. “CredRight believes ...
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Opportunity India Desk Sep 21, 2021 - 5 min readNew-Delhi-based comprehensive career guidance platform for students and educators Mindler, on Monday, announced to have closed a $1.5 million pre-Series A funding round led by Ecosystem Ventures, Inflection Point Ventures (IPV), nVentures Singapore, and Chennai Angels towards augmenting its team, geographical expansion, and institutional partnerships and alliances. With this fund raise, Mindler plans to further strengthen its ...
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Opportunity India Desk Sep 21, 2021 - 2 min readMumbai-based BrainGymJr—a subscription-based edtech platform offering brain development exercises launched a fully automated portal for children between ages 5-11 years. The launch comes soon after the company raised INR 2.5 crore in its Angel round in July 2021. BrainGymJr is a child development initiative that supplements academia by helping children sharpen their logic, reasoning, language, and ...
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Opportunity India Desk Sep 20, 2021 - 3 min readIndia’s largest online marketplace for used automobiles, Cars24 Services has closed a US $ 450 million round of funding that has almost doubled its valuation to US $ 1.84 billion. The funding round includes a US $ 340 million Series F equity round, coupled with US $ 110 million debt from multiple financial institutions, the ...
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Opportunity India Desk Sep 20, 2021 - 2 min readLiquor startup Boutique Spirit brands recently announced raising INR 80 crore in the combination of equity and debt by IIFL, Anicut Angel Fund, Kae capital, Narendra Madhusudan Murkumbi, and Vikramaditya Mohan Thapar Family Trust. TradeCred came in as a debt partner with INR 60crore. Five family offices on the TradeCred platform participated in the debt ...
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Opportunity India Desk Sep 20, 2021 - 2 min readGurugram-based online D2C personal care brand Bella Vita Organic has crossed Rs 100 crore ARR mark in just three years of the launch. Founded in 2018, Bella Vita Organic focuses on natural and Ayurveda-certified skin, hair, and personal care solutions. Bella Vita Organic has carved its space in the minds and hearts of millennials with ...