Pi Ventures bets on Quanfluence; Kirana Pro raises early-stage funding
Photonic quantum technology startup Quanfluence and quick commerce startup KiranaPro have raised early-stage funding, companies said on Wednesday. Quanfluence Quanfluence has raised $2 million in a seed funding round led by pi Ventures, with participation from Golden Sparrow, Quantum Ecosystems Founder and CEO Reena Dayal, and others. The company plans to utilise the ......
Prorata Secures Undisclosed Strategic Investment from Hindustan Media Ventures Limited, Propelling India’s First Fractional Car Ownership Platform to New Heights
Prorata, a Bangalore-based start-up, has announced a strategic investment from Hindustan Media Ventures Limited (HMVL), further accelerating the growth of India’s first fractional car ownership platform. The funding underscores the company’s innovative approach to revolutionizing how Indians experience premium, luxury, and off-road vehicles. Revolutionizing Car Ownership in India Founded by visionary entrepreneur ......
East Ocyon Bio, Culture Circle, Navanc, Power Gummies, Mhyth snag early-stage cheques
Biotech startup East Ocyon Bio, fashion platforms Culture Circle and Mhyth, fintech startup Navanc and personal health brand Power Gummies have secured early-stage cheques, the companies said Wednesday. East Ocyon Bio Cell and gene therapy startup East Ocyon Bio has raised $4.2 million in a seed round of investment, led by early-stage investor Aeravti Ventures ......
Sorenson Capital, PayPal Ventures back Bureau in Series B round
Bureau, a business-to-business (B2B)-focused identity verification and fraud protection platform, said Tuesday it has raised $30 million (about Rs 250 crore) in Series B funding led by American venture capital firm Sorenson Capital, a top executive told VCCircle. PayPal Ventures, the global corporate venture arm of PayPal, also joined as a new ......
Blue Tokai backer White Whale Ventures plans secondaries fund
Mumbai-based financial services firm White Whale Partners, which has a venture capital arm and also offers portfolio management services, is planning to roll out a secondaries fund within the next few months, a person aware of the development told VCCircle. White Whale, which has invested in companies such as coffee brand ......
MENA Digest: UAE startups lead funding activity; CredibleX, Anghami secure $55 mn each
UAE tech startups led funding activity in the Middle East and North Africa region this week, raising growth capital to expand their businesses. While Web3 banking startup Klickl raised double-digit growth funding, fintech CredibleX secured a mix of equity and debt capital to scale its business. Other startups that raised ......
Micro VC firm Warmup Ventures floats second fund with $35 mn target
Jaipur-based micro venture capital firm Warmup Ventures Tuesday said it has launched its second investment vehicle, Warmup Fund II, with a target corpus of Rs 300 crore ($35.3 million). The fund, which will primarily invest in seed and pre-seed stage companies, has a sector-agnostic approach but will prioritise investments in areas such ......
Deals Digest: Momentum slows again after stellar preceding week
The five-day period ended 20 December saw funding activity decline to nearly a third of the previous week’s high base of about $900 million, data collated by VCCircle showed. The week was particularly slow for the mergers and acquisitions deal category as well. Companies backed by private equity and venture capital ......
Peak XV-backed Zetwerk closes Series F round, prepares for public listing
Zetwerk, a business-to-business (B2B) manufacturing services marketplace backed by marquee investors such as Peak XV, Accel and Avenir Growth Fund, has closed its Series F funding round that values the unicorn 15% higher than its last valuation, a senior executive told VCCircle. The Bengaluru-based startup, which entered the coveted unicorn club in 2021, ......
Beyond Capital backs Clinikk, Fasal; Seekho, five other startups get funding
Venture capital firm Beyond Capital Ventures said Thursday it has completed deployment from its second fund with investments in Indian startups Clinikk and Fasal while six other startups including fintech firms QuID Cash and Curie Money and edu-tech startup Seekho said they have secured early-stage funding. Beyond Capital Ventures BCV, a women-led ......
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