Aug 18, 2022 04:43 PM IST

HyperTrack bags $25 million funding led by WestBridge Capital

The firm is planning to utlise the funds towards building its product and expanding its global engineering teams as it further pursues technology leadership.

Feast to famine: How agritech Dehaat went from record funding to layoffs 

It is another cautionary tale of ambitious startups that attempted to conquer new markets and grow rapidly only to come up against a funding winter amid global market turmoil this year.  

Phyllo bags $15 million funding, to build gateway for creator data

Companies building tools, products, and services for the creator economy can use of Phyllo's APIs to verify creator's identity, income and engagement data

Venture debt marketplace 8vdx to offer cross-border loans to startups

Startups can obtain venture loans through an intuitive interface and choose to repay in their local currency, including the British pound, the Singapore dollar and the Australian dollar.

Exclusive | Temasek invests $15 million in neobanking platform Fi as part of ongoing Series C round

According to sources aware of the fundraise, the total size of the round is expected to be around $90 million. Alpha Wave Global, which is leading the round has already invested $45 million.

Bootstrapped SaaS firm Kovai.co mulls fundraise in next 18 months

If the firm's new products, Document360 and the customer success product Churn360, pick up at a faster pace and add more to the revenue, Kovai.co will postpone the timeline to actively look for an external investor

SaaS firm CleverTap raises $105 million in series D funding round

As part of the transaction, CDPQ will be invest around $75 million and join CleverTap’s Board of Directors upon closure of this funding round

SaaS firm SquadStack raises $17.5 million led by Bertelsmann India Investments

The startup aims to utilise the funding to hire top talent and strengthen its workforce for expansion. It also plans to increase its sales experts base and further expand into new verticals.

Cloud kitchen startup Bigspoon raises Rs 100 crore from IAN, NB Ventures

The company will use the fund to expand to more than 250 kitchens in 75 cities, add brands, hire for leadership positions and invest in technology for clients

Agritech startup Produze raises $2.6 million in seed funding from Accel, All in Capital

Ben Mathew, co-founder and CEO of Produze, in a virtual interaction with Moneycontrol, said the funds raised will be used to build distribution capabilities, expand procurement sources, and strengthen Produze’s tech team

How much funding did startups raise in July 2022?

WebEngage raises $20 million led by Singularity Growth Opportunities Fund, SWC Global

WebEngage claims to have reached a $20 million annual revenue run rate and is working with more than 600 customers

Whatsapp-based shopping platform ChattyBao raises over $5 mn led by Info Edge, Vertex Ventures

The company also informed that the new funds will be used for product development and market operations. The company also said it plans to launch its app in the third week of August this year.

Tele-consulting platforms, e-pharmacies hit by tepid demand as pandemic boost wears off 

During the pandemic, e-pharmacies and online consultation platforms turned out to be lucrative businesses within health tech, which also includes at-home diagnostics, fitness and nutrition platforms, disease management and employee wellness services. 

Travel-tech startup Spotnana raises $75 million in Series B funding 

Earlier, in September 2021, the company had raised $34 million in series A funding, co-led by ICONIQ and Madrona Venture Group with participation from Decibel and Mubadala Capital.

Community-led crypto investing platform Crypso raises $3 million in seed funding

The round was led by Hashed Emergent, Athera Venture Partners (formerly Inventus), Better Capital, Whiteboard Capital, Polygon founders Sandeep and Jaynti, Kunal Shah of CRED, and other angel investors.

Coinbase venture funding down 34% in Q2 of CY22

The decline in venture funding activity was attributed to the volatility in markets, which saw many founders rethink or put their rounds on pause, particularly at the later stages

Creative Galileo raises USD 7.5 million at USD 40-million valuation

This brings Creative Galileo's total funding to USD 10 million, including a pre-series round of USD 2.5 million in July last year.

Burger Singh raises Rs 30 crore in funding led by Negen Capital

Lets ventures, Mumbai angels, Old World Hospitality (Rohit Khattar) and Jasleen Royal (Singer, songwriter and composer) also participated in the funding round.

Agritech startup Growcoms raises USD 1 million

New Delhi, Jul 20 Agritech startup Growcoms has raised USD 1 million (about Rs 7 crore) from investors, including Info Edge, to scale up operations..

Healthtech startup Eka Care raises $15 million led by Hummingbird Ventures

Earlier in July 2021, Eka Care raised $4.5 million in its seed round of funding from 3one4Capital, Eximius Ventures, Speciale Invest, and several angel investors.

Brand-support platform AnyMind Group raises $29.4 million in Series D funding

AnyMind Group has so far acquired seven companies from various countries including Japan, Hong Kong, Thailand and India.

IIT Kanpur-incubated drone startup EndureAir Systems raises $1.7 million

The funds will be utilised to speed up expansion and scale up manufacturing and assembly units

India needs $15 billion funding to set up 15 GW hydrogen capacity by 2030: VK Saraswat

Green hydrogen is the fuel of the future but its price continues to be prohibitive for sectors like fertilizer and refinery which need to use it, said Saraswat said.

Continuum Green Energy raises $ 350 million

The company, which has a portfolio of 1.3 GW of assets either operational or nearing commissioning, issued senior secured floating rate notes to two marquee international institutional investors, as per an official statement.