Financial Services & Banks
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Opportunity India Desk Sep 01, 2021 - 2 min readPowerhouse91, the tech-driven company acquiring and growing e-commerce brands in India, on Tuesday announced that it has onboarded multiple marquee global investors, raising an undisclosed amount of capital from them. One of the incoming investors, FJ Labs, is a US-based venture capital firm that focuses on marketplaces and consumer-focused businesses. The investment in Powerhouse91 marks FJ Labs’ ...
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Opportunity India Desk Sep 01, 2021 - 3 min readOTO, a two-wheeler buying and financing innovator, on Tuesday announced that it raised $6 million in a Series A investment round led by Matrix Partners India. This also includes participation from existing and new investors such as Prime Venture Partners, 9Unicorns and Better Capital and angel investors like Asish Mohapatra, OfBusiness; Ramakant Sharma, Livspace; Nitin ...
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Opportunity India Desk Sep 01, 2021 - 3 min readSecLogic, a cloud security posture management and identity governance (CSPM++) and organization risk orchestration startup based in the US and India, on Tuesday announced that it has secured Pre-Seed funding from Spanache.vc as the lead investor and India Accelerator. The platform plans to utilize the funds involving evolving as a ubiquitous solution provider covering the entire ...
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Opportunity India Desk Aug 31, 2021 - 3 min readIndiagold--a gold-focused digital alternative credit platform--announced on Friday that it has agreed to raise $12 million in funding. PayU, the payments, and fintech business of Prosus, and Alpha Wave Incubation (AWI) fund, which is backed by DisruptAD and managed by Falcon Edge Capital, will lead the investment round with participation from Better Tomorrow Ventures, 3one4 ...
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Opportunity India Desk Aug 31, 2021 - 3 min readSportswear direct-to-consumer (D2C) Brand Elevar on Monday announced that it has raised INR 19 crore in Series A round of funding led by venture capital firm Kalaari Capital with participation from Dream Capital (DreamCap), the Corporate Venture Capital and M&A arm of Dream Sports. The company will utilize the funds towards expanding its product portfolio, ...
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Opportunity India Desk Aug 30, 2021 - 3 min readFintech startup KarbonCard has raised an undisclosed amount in growth capital from accelerator Y Combinator (YC), the startup said in a press release on Monday. The company will use the funds to step up its product development, hiring plans, and operations. "We figured that it was challenging for the early-stage startups to avail corporate cards from the banks ...
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Opportunity India Desk Aug 30, 2021 - 3 min readBengaluru-based extracurricular edtech startup Spark Studio announced on Monday to have secured an investment from San Francisco-based Y Combinator. With Y Combinator’s investment, Spark Studio will invest in building an engaging platform with superlative content and curriculum. “Y Combinator’s belief in the Indian extracurricular learning space is a validation of our model. Learning has shifted ...
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Opportunity India Desk Aug 27, 2021 - 3 min readNo matter how revolutionary an idea is, it takes money and effort for turning ideas into business. Any kind of business refers to providing quality products or services in exchange for money. To serve better you need resources and branding. Quality takes money. If you want to earn high profits you must invest more and ...
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Opportunity India Desk Aug 27, 2021 - 3 min readBengaluru-based femtech startup Elda Health, a women-led one-stop holistic health platform for the mid-age urban woman, on Thursday announced that it has raised $1.5 million in a seed round from Avaana Capital, Orios Ventures, and Ananth Narayanan Family office. “Women's health has been underserved for generations. While puberty and pregnancy are celebrated and tended to, ...
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Opportunity India Desk Aug 27, 2021 - 2 min readGurugram-based HR-tech startup Advantage Club on Thursday announced that it has raised $1.7 million in a fresh round led by Y Combinator, Broom Ventures, Liquid.vc, and Kunal Shah. Leading angel investors from the US, Middle East, and Southeast Asia also participated in the funding round. "Advantage Club has emerged as the leading employee engagement platform ...