Bengaluru-based logistics and supply chain startup Pando has raised USD 9 Mn (INR 63.8 Cr) in funding led by Chiratae Ventures alongside existing investor Nexus Venture Partners. The round also witnessed participation from Siemens’ backed Next47, the venture capital firm’s first direct investment in India.
NeoBank Epifi Bags USD 13.2 Mn In Seed Round At USD 50 Mn Valuation
Bengaluru-based neobank Epifi has raised USD 13.2 Mn in a seed funding round led by venture capital firms like Sequoia Capital, Ribbit Capital, and Hillhouse Capital. Within eight months of its launch, Epifi is valued at USD 50 Mn.
FitPhilia, Sabse Sasta Dukaan, GoFloat Raise INR 3.5 Cr At Pune ‘Shark Tank’ Pitch
At the ‘Shark Tank’ event organized by Mumbai-based Jain International Trade Organisation (JITO) Angel Network, on Sunday (January 12), three startups — FitPhilia, Sabse Sasta Dukaan, and GoFloat have raised INR 3.5 Cr from various investors and early-stage venture capitalists.
Ankur Capital Makes First Close Of New Fund At INR 240 Crore
Early-stage VC firm Ankur Capital has made the first close of its second fund at INR 240 crore, with the investor bringing on board British development finance institution CDC as an anchor investor in its latest vehicle.