Financial Services & Banks
-
Opportunity India Desk Sep 20, 2019 - 1 min readIn order to fuel its growth, Kinetic Green Energy and Power Solutions Ltd has appointed consultants to raise up to $40 million in private equity funding by December. The Pune-based company will use the fresh capital to expand its product portfolio, develop new products along with suppliers, enter niche segments and ramp up capacity at ...
-
Opportunity India Desk Sep 20, 2019 - 1 min readZivame, the Bengaluru-based lingerie start-up, has raised fresh funding of $2.7 million from investors including Indiblu Investment Advisors, Avendus Capital, and Avezo Advisors. The new funds will be used for the ongoing and future Zivame store expansion, augmentation of technology, product development and boosting the brand’s omni-channel strategy. Founded by Richa Kar and Kapil Karekar in ...
-
Opportunity India Desk Sep 18, 2019 - 2 min readHealthcare startup Meddo has secured $3 million in its pre-Series A funding round led by SRI Capital. The round has also seen participation from growX Ventures, LetsVenture, Citrus Pay Co-Founder Jitendra Gupta and Venture Gurukool, among others. Incorporated in June 2018, the Gurugram-based Meddo was co-founded by ex-Foodpanda India Chief Executive Saurabh Kochhar and Dr. Naveen Nishchal, ...
-
Opportunity India Desk Sep 16, 2019 - 2 min readEdtech startup AttainU, which offers live online courses as college alternative to individuals, has secured an undisclosed sum in angel funding. The company has raised funds from investors including Shailesh Rao, ex-Google India Head; Nikhil Rungta, ex-Intuit India Head; Anil Gelra, Founder, SnapMint; and Manish Kumar, Founder, KredX; and LetsVenture. The fresh capital will be utilized by the company to further strengthen faculty, development of courses and ...
-
Opportunity India Desk Sep 10, 2019 - 2 min readEdtech startup WhiteHat Jr has secured $10 million in a Series A funding round led by existing investors Nexus Venture Partners and impact investor Omidyar Network. The round has also seen participation from Silicon Valley-based firm Owl Ventures as a new investor. The new funds will be utilized by the company to strengthen its technology ...
-
Opportunity India Desk Sep 09, 2019 - 2 min readEdtech startup 3rdFlix Visual Effects Pvt Ltd has secured $5 million in a pre-series A investment round led by Exfinity Venture Partners. The round has also seen participation from YourNest, IDFC Parampara, and HNIs. The Hyderabad-based firm is planning to use the capital raised to increase its current market penetration from 1.5+ lakh in the Class VI-XII ...
-
Opportunity India Desk Aug 23, 2019 - 1 min readRedDoorz, hotel management and booking platform, has secured $70 million in its latest round of funding led by a Singapore-based growth equity firm, Asia Partners. The round has been joined by Rakuten Capital and Mirae Asset-Naver Asia Growth Fund. The existing investors of the company, including Qiming Venture Partners and International Finance Corporation (IFC), also participated in ...
-
Opportunity India Desk Aug 02, 2019 - 1 min readHealthcare services aggregator Plunes Technologies Pvt Ltd has raised $120,000 from angel investors as part of an ongoing seed funding round. The Gurugram-based Plunes offers medical solutions by aggregating doctors and healthcare service providers. The funding round has been led by Samuel Kurian and Srinivas Sridharan, who are high net-worth individual investors based in the ...
-
Opportunity India Desk Jul 22, 2019 - 1 min readElectric vehicle (EV) operator SmartE has raised Rs 100 crore in Series B funding from Mitsui & Co, a Japanese trading and investment company. With the new funding, SmartE plans to rapidly increase its fleet size within Delhi-NCR as well as other key cities around India. The fresh capital will also be used to significantly ...
-
Opportunity India Desk Jul 13, 2019 - 1 min readMamaearth, the baby care products brand, is in discussions to raise up to $20 million in a Series B round, which may be led by Sequoia Capital India. The round will also see participation from existing investors Stellaris Venture Partners and consumer-focused fund Fireside Ventures, at a post-money valuation of about $70 million. Mamaearth, run ...