Metadome raises $4 million from Chiratae Ventures, Lenskart Vision Fund and others
AR enabler Metadome will be expanding its product and tech teams and inviting the creator community to build a metaverse which can host 1 Billion experiences a day by 2023.
Battlegrounds Mobile India maker Krafton leads $6.5-million funding in audio dating app FRND
This is Krafton's fourth startup investment in India this year, after previously backing game streaming platform Loco, esports firm Nodwin Gaming and Indian language storytelling platform Pratilipi.
Cars24 valuation almost doubles to $3.3 billion with $400 million financing
The company plans to use the funds to accelerate its global expansion and also further strengthen its foothold in the Indian market
Innovaccer's valuation jumps to $3.2 billion with new $150 million financing
Innovaccer plans to use the funds raised to invest in research and development and hire people as the company aims to scale its customer experience, product and engineering talent.
Mamaearth’s parent company Honasa Consumer to offer stock options to employees
The parent company has distributed stocks worth Rs 20 crore, in addition to the ESOPs previously allocated, said the company in a press statement
This week in startup funding: Ola bags $139 million, Pristyn Care turns unicorn
India's startup ecosystem saw a new unicorn being minted along with several other large financing rounds this week, according to data sourced by Tracxn.
Cross Chain Infra product Router Protocol raises $4.1 million from Coinbase, Polygon and others
Router has announced partnerships with multiple protocols, including Polygon, Avalanche, Terra, Algorand etc and plans to launch its main net in the next few weeks.
Pseudonymous social network Zorro raises seed fund from unicorn founders and venture capital firms
The funds will be used to build a tech team, with strong problem solving skills that can build and scale the product.
Ola, Ola Electric bags fresh funds from a clutch of investors
The funding comes as the Bengaluru-based Ola gears up for a public market debut next year.
Exponent Energy raises $5 million to build 15-min rapid charging solutions for commercial EVs
The funds raised will be used to kickstart the startup's commercial operations in early 2022, starting with Bengaluru and then expanding it to multiple cities
D2C brands treble funding this year to $2 billion through 105 deals
The segment had witnessed a dip last year when it raised $735 million across 97 deals
Former Nazara CTO joins health-tech startup Reset Tech as cofounder & CTO
Reset Tech is building an AI-based health-tech platform that will provide therapeutic solutions to lifestyle diseases such as diabetes and blood pressure using natural and traditional methods of yoga and meditation.
AuthBridge raises $7 million funding from Phi Capital
The latest fundraise comes in quick succession of AuthBridge’s series A round (undisclosed amount) in October from Infinity Alternatives
Mobility startup Bounce launches its first e-scooter with swappable batteries
Bounce Infinity E1 will be available on pre-bookings starting today, allowing users to reserve scooters for Rs 499 with scooter deliveries slated for March 2022.
Investments in gaming startups soar to record high, may double in 12-18 months
Real money games and fantasy sports attracted the majority of the investments in the sector, bagging around $700 million in the first nine months of 2021,
Carl Pei's 'Nothing' has Karan Johar, Yuvraj Singh, Ranveer Allabadia among investors
London-headquartered Nothing plans to build a suite of smart, connected consumer technology products.
SalesKen bags $22 million in Series B funding led by Microsoft's M12
The startup plans to use the funds raised to accelerate expansion into the North American market and further invest in its deep-tech product.
Purplle raises $65 million led by Premji Invest
The company has grown its brands to over 1,000 with 50,000 products across categories like make-up, skincare, haircare, personal care, fragrances, and grooming appliances.
D2C startup Sleepy Owl raises $6.5 million in Series A funding
The company says it is slated to close with an ARR of Rs 60 crore by March 2022 and plans to utilise the funds for deeper retail penetration and boost growth.
Meesho rolls out ESOP programme for all its employees
Last month, the company announced a $5.5M ESOP liquidity program for all the eligible employees.
Clevertap appoints former Freshworks exec Sidharth Malik as its global CEO
CleverTap helps digital consumer brands to increase their customer retention and lifetime value
Health-tech startup K&L Wellness Technology raises Rs 30 crore from angel investors
K&L Wellness Technology was founded by serial entrepreneur Karan Talreja and Luke Coutinho, a renowned holistic lifestyle coach in the field of integrative and lifestyle medicine.
Tech upskilling startup Scaler to roll out paid time-off for employees during year-end
Earlier this year, Scaler raised $20 million in Series A Funding led by investors such as Sequoia Capital, Tiger Global and Rocket Internet, among others.
Fintech startup Velocity raises $20 million led by Peter Thiel’s Valar Ventures
Velocity’s portfolio includes D2C brands such as PowerGummies, Green Soul, WallMantra, BellaVita, Smoor Chocolates and CrossBeats
