Category: Startup

Indian D2C food brand and shark tank contestant – Jhaji Store has raised an undisclosed amount from Velocity.in, India’s largest revenue-based financier Based out of Darbhanga district in Bihar, Jhaji is a women-led enterprise that plans on leveraging the capital to grow their business exponentially Velocity.in leverages online data to offer non-dilutive, collateral-free growth capital within a week.  Direct-to-consumer (D2C) brand Jhaji Store, an online pickle store that sells authentic homemade achars, has raised an undisclosed amount from Velocity.in, India’s largest revenue-based financier. This is the first round of external financing Jhaji Store has raised. Founded in March 2021 by the sister-in-law ... Read more

Shipsy Wins National Startup India Award 2021 in The Enterprise Systems Sector for Logistics Management  Shipsy’s smart logistics management platform empowers global businesses to optimize, automate, track, and simplify end-to-end supply chain operations. Founded in 2015 in Gurugram, the company leverages AI and big data to design and develop low-code SaaS solutions to improve operational efficiency across industries. The brand has recently set its regional headquarters in Dubai. Last year the company raised $6M in Series A round led by Sequoia Capital India’s Surge and existing investor Info Edge. India’s leading smart logistics management platform provider, Shipsy, has bagged the ... Read more

Perfora, a digital-first and design-led oral care brand, has raised a $260,000 Pre-Seed round led by Sauce.vc, a venture capital fund that backs early-stage consumer brands. Huddle, India’s leading accelerator and early-stage fund for disruptive start-ups founded by Sanil Sachar and Ishaan Khosla also took part in the round. Other investors who backed the company in this round include entrepreneurs Bala Sarda (Founder & CEO, Vahdam Teas), Sameer Mehta (Co-founder, Boat Lifestyle) and Shashank Mehta (Founder, The Whole Truth Foods). The capital raised will be utilised by Perfora to expand into new product categories, test out different channels, build our ... Read more

Unbox Robotics, a leading supply chain robotics technology company, raised $7 million in a Series-A round led by 3one4 Capital with participation from Sixth Sense Ventures and Redstart Labs (Info Edge). The round also saw participation from Unbox Robotics’ founders Pramod Ghadge, Shahid Memon and its CPO Rohit Pitale, alongside its existing investors – US-based venture capital firm SOSV, Arali Ventures, WEH Ventures, BEENEXT, Karthik Bhat’s Force Ventures, Dr Vijay Kedia (Kedia Securities), Aditya Singh (Stride Ventures) and Pavitar Singh (Sprinklr). Other investors who participated in the round include Rahul Chaudhary (Treebo Hotels), Nikhil Vora and Kathan Shah (Sixth Sense ... Read more

Techstars backed SaaS startup unremot that offers a community-driven business-in-a-box solution for consultants, has raised $700K in a seed round led by Inflection Point Ventures and participated by Digital Futurists Angels Network (DFAN), ah! Ventures and Point One Capital. Since 18 months of the launch in Feb 2020, unremot has 14,000+ monthly active users, 40,000+ monthly visitors, 80% organic users and users from 52+ countries, with 70% from the US, Canada, UK, Australia & Germany.   Vinay Bansal, Founder & CEO, Inflection Point Ventures says, “unremot steps in at a time when discovering professionals on a seamless platform had become extremely ... Read more

Direct-to-Consumer personal and home care products startup, Clensta has raised over INR 20 crore in a series A funding led by Venture Catalysts and Inflection Point Ventures. Besides Hem Angels, part of Hem Securities Limited, N+1 Capital (RBF), the existing investors along with other marquee investors also invested in this funding round, the IIT-backed startup  said in a Statement. The funds raised will be used to scale up the company’s sales, ramp up brand marketing and expand Clensta’s online and offline presence across India. The brand has achieved a CAGR of over 130% and aims to earn Rs 1000 crore ... Read more