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Funding Scenario, The Dark Store Provider, Rising Office Needs And More


  • Zenskar raises Rs 28.4 crore, i.e., $3.5 million, in seed funding led by Bessemer Venture Partners.

  • MyMandi, a Gwalior-based B2B marketplace for street vendors, raises Rs 4 crore in its seed round, led by Real Time Angel Fund and supported by Let’s Venture and other angel investors.

  • Agritech platform Falca raises over Rs 24 crore, i.e., $3 million, in a pre-Series A round led by Inflection Point Ventures.

  • Chiratae Ventures leads Rs 24 crore, i.e., $3 million, in funding for music e-learning startup Artium Academy.

  • D2C footwear startup Yoho raises Rs 20 crore in a pre-Series A round led by Rajeev Misra, Rukam Capital, and Vijay Shekhar Sharma.

  • Health and fitness SaaS platform FitBudd raises Rs 27.6 crore, i.e., $3.4 million, in a seed round from Accel, Sequoia, and others.

  • Bira 91 buys The Beer Cafe.

  • Assiduus Global raises over Rs 121 crore, i.e., $15 million, in Series A.

  • VC Fireside has closed a $225 million fund for digital-first consumer brands.

  • Government exam prep platform Adda247 closes a $35 million, i.e., Rs 288 crore, round led by InfoEdge, Google, and Westbridge Capital.

  • Deeptech EV solutions startup Vecmocon raises $5.2 million from Tiger Global and Blume Ventures.

  • Indian car-sharing platform Zoomcar will go public via a SPAC deal.

  • Mathew Cyriac invests in MyySports and joins as a co-founder.

  • Mobile app buyout firm KalaGato plans to invest Rs 810 crore, i.e., $100 million, in deals.

  • Edtech unicorn PhysicsWallah acquired PrepOnline, an online learning platform for the National Eligibility cum Entrance Test, and Altis Vortex, a publisher of exam preparation books.

  • Licious enters the plant-based meat category.

  • EKI Energy and Impact Capital have launched a Rs 1,000 crore climate impact fund.

  • Sai Shrushti group signs with Seedstars to launch tech academy campus

  • The government announced a Rs 500 crore accelerator programme for agricultural startups.

  • IIFL Fintech Fund invests Rs 40.5 crore, i.e., $5 million, in legaltech firm Leegality.

  • EV financing startup Revfin raises Rs 81 crore, i.e., $10 million, with debt and equity.

  • The Sleep Company raises Rs 173 crore, i.e., $21.3 million, led by Premji Invest.

  • Skye Air Mobility raises Rs 13.8 crore, i.e., $1.7 million, led by Chiratae Ventures.

  • Petcare startup Supertails raises Rs 81 crore, i.e., $10 million, from Fireside Ventures and others.

  • upGrad leases 3,35,000-square-foot space for expansion and plans to hire 1,400 team members.

  • After Pharmeasy, Udaan borrows an undisclosed amount from debt financier EvolutionX. Though the amount was undisclosed, EvolutionX said it has committed about Rs 680 crore in aggregate between Udaan and Pharmeasy parent API Holdings in November 2022.

  • Actress Kajal Aggarwal invests in T.A.C., The Ayurveda Company.

  • CoinDCX founder Sumit Gupta shared proof of reserves publicly.

  • Jio Platforms launched Platfomapp, a short-video app by Rolling Stone India.

  • Digital payments and financial services provider PhonePe is in talks to acquire buy-now-pay-later fintech startup ZestMoney, two people aware of the matter told Mint.

  • Cred acquires lending-as-a-service platform CreditVidya.

  • Lightrock India invests Rs 121 crore, i.e., $15 million, in Sukoon Healthcare, a therapeutic behavioural health company.

  • Esports tournament platform Gamerji raised Rs 24 crore, i.e., $3 million, in the pre-Series A round.

  • Koo India raises Rs 51 crore, i.e., $6.3 million.

  • Blox raises $12 million in the Series A funding round.

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