WestBridge Capital anchors first close of z21 Ventures’ second fund
Early-stage venture capital firm z21 Ventures Thursday said it has raised $20 million (Rs 167 crore) for the first close of its $40-million target second vehicle, anchored by WestBridge Capital, an investment firm with over $7 billion in assets under management. The second fund will raise part of its capital from ......
AltiusHub, Bluecopa, Schmooze, others raise venture funding
Supply chain traceability platform AltiusHub, finance operations automation firm Bluecopa, Indian-chilli focused hot condiments brand Kaatil, event tech startup Ticket9, and meme-based dating app Schmooze raised early-stage funding, the companies said Wednesday. AltiusHub AltiusHub has raised $2.25 million (Rs 18.8 crore) in a seed round led by Endiya Partners with participation ......
Khosla Ventures doubles down on blue-collar recruitment platform Vahan.ai
AI-powered blue-collar recruitment platform Vahan.ai has raised $10 million (Rs 83.6 crore) in its Series B funding round led by existing investor Khosla Ventures, along with participation from Y Combinator, US-based VC firm Gaingels, and Paytm founder Vijay Shekhar Sharma. The company plans to use the new funding for expansion into ......
VC-backed Astrotalk doubles FY24 revenue, eyes repeat performance
Astrotalk, backed by New York-based venture capital firm Left Lane Capital and domestic growth-stage investor Elev8 Venture Partners, is aiming to double its revenue in the current financial year ending March 2025, after a similar topline performace last fiscal, a top executive told VCCircle. The Delhi-based startup reported a 2.3x jump in ......
Oorja Energy, Jiraaf backer Capital A floats second VC fund
Capital A, a venture capital firm led by Ankit Kedia, who was previously the promoter and director at plastic packaging solutions Manjushree Technopack Ltd, has floated its second fund. The firm, which focuses on early-stage investments, has filed its papers with Securities and Exchange Board of India (SEBI) for a category ......
Blume Ventures aims at nearly $1 bn AUM with fifth VC fund
Early-stage venture capital firm Blume Ventures, an investor in unicorn startups such as edtech platform Unacademy and beauty and personal care retailer Purplle, is set to hit the road to raise its fifth fund, two people aware of the development told VCCircle. Blume Ventures, set up by Karthik Reddy and Sanjay Nath in 2010, intends ......
Edtech unicorn Physics Wallah raises $210 mn in Series B, valuation jumps 2.5x
Edtech unicorn Physics Wallah Pvt Ltd Friday said it has raised $210 million (Rs 1,754 crore) in its Series B funding round that was led by Hornbill Capital, with significant participation from Lightspeed Venture Partners as well as existing investors GSV and WestBridge. This investment brings the company’s post-money valuation ......
MENA Digest: UAE’s SaaS startup Seez leads funding activity this week
UAE-based automotive SaaS startup Seez led fundraising activity in the Middle East and North Africa (MENA) region this week, as it secured growth capital funding from several international investors to expedite its geographical expansion plans. Besides, Algerian ed-tech startup LabLabee and Saudi vacation property rental startup Darent secured seed funding, ......
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