LATEST ARTICLES

EV Cab Company BluSmart raises USD 25 million in Series A1 Round

Gujarat, India-based Electric vehicle ride-hailing platform BluSmart raised USD 25 million in its Series A1 Funding. The round took place on May 24, 2022. BP Ventures and Green Frontier Capital led the funding for BluSmart. Meanwhile, venture debt funding came from Stride Ventures, Alteria Capital, BlackSoil and UCIC. The investment was a combination of equity and debt. With the latest...

RAS Luxury Oils raises USD 2 million in Pre-Series A Funding

India-based direct-to-consumer (D2C) luxury skincare and personal care platform Ras Luxury Oils raised USD 2 million in its pre-Series A funding. The round took place on May 23, 2022. Sixth Sense Ventures led the funding for Ras Luxury Oils. Purpose of Funding for Ras Luxury Oils The beauty and personal care brand would use the latest funding to develop and launch...

California-based startup ZincSearch raises US $ 3.6 million in Seed funding

Tools to Empower your Remote Working Teams

ZincSearch, a full-text search engine platform, announced a US $3.6 million seed funding round on May 20, 2022, led by Nexus Venture Partners, with participation from Dell Technologies Capital, , Cardinia Ventures, Secure Octane and technology leaders including Anand Babu Periasamy, Balaji Parimi, Rob Skillington, Anshu Sharma, Luke Kim, Awais Nemat, Dan Pinto, and Alex Gallegos. Abhishek Sharma, managing director...

India-based cloud certification and skilling platform QuikSkills raises USD 490K in seed funding

On May 19, 2022, QwikSkills, a one-stop-shop for tech professionals and students, raised INR 3.85 (USD 490K) crore in a seed round spearheaded by Indian Angel Network (IAN) and other investors. Angel investors Manish Sinha and Naveen Gupta of IAN led the funding. The Gurugram-based startup, which was founded in 2020, plans to use the newly raised funds to strategize...

Oppo India collaborates with Microsoft to strengthen Indian Startups via Elevate Program

On May 23, 2022, Oppo India announced the launch of the second edition of its Oppo Elevate Program. In association with Microsoft, the Elevate Program aims to further strengthen the startup ecosystem in India.  The theme for the Elevate Program will be 'Virtuous Innovation.' Oppo India will recruit the offers under 'Accessible Technology' and 'Digital Health.' The purpose of Oppo India's...

Self-driving vehicle startup Minus Zero raises USD 1.7 million in Seed Funding

Bangalore, India-based self-driving vehicle startup Minus Zero raised USD 1.7 million in seed funding. The round took place on May 23, 2022. Chiratae Ventures led the financing for Minus Zero. Meanwhile, JITO Angel Network and senior executives from tech companies like Nvidia and Lyft invested in the company. The investment marks the venture capital's entry into an Indian self-driving...

San Francisco-based software and payment startup OnSpot raises USD 300 million in Series F funding

San-Francisco based startup SpotOn, a prominent software and payment firm with comprehensive solutions for restaurants, retail businesses, and enterprise locations, announced a US $300 million Series F investment round on May 19, 2022, bringing its total valuation to US $3.6 billion.  The funds will be utilised to continue creating technology products to assist businesses in meeting the changing needs of...

California-based rental property marketplace startup Belong raises US $50 million

Belong, a rental property marketplace and management platform, announced on 20th May 2022, that it has raised US $50 million in equity and US $30 million in debt capital from Fifth Wall. The money will be used to grow the company's products and penetrate new markets, with plans to hire more people and emphasize product development. Belong is a three-sided marketplace...

Israel-based startup MasterSchool raises USD 100 milion

MasterSchool, an Israeli business addressing the global scarcity of computer talent, revealed on May 18, 2022 that it had raised US $100 million in a venture round led by Group 11. MasterSchool will use the current round of funding, which includes Target Global, Pitango Ventures, Dynamic Loop Capital, Sir Ronald Cohen, and others, to grow its network of schools and...

Singapore-based NFT loan startup Pine Platform raises US $1.5 million in seed round

– Pine Platform has raised US $1.5 million in seed investment for its permissionless NFT-backed crypto lending protocol. Sino Global Capital, Amber Group, and Spartan Group lead the round, including Alameda Research, Gate Ventures, Impossible Finance, and Shima Capital. What the founder has to say:  Alex Azure Ho, Co-founder of Pine: "I intended to buy a Meebit a year ago, but...