Aavishkaar Capital invests Rs 35 Cr in agritech startup Ergos in Series A round
The model enables farmers to digitise their foodgrain and also provides doorstep access to end-to-end post-harvest supply chain solutions to farmers. The Ergos platform operates as a bank and offers storage, digitisation, credit, and liquidation facility to farmers through a single platform.
MedGenome Raises $55 Mn In Fresh Funding To Expand In Tier 2-3 Markets
The fresh funding led by LeapFrog Investments will help the company's drug discovery programmes. Existing investors Sequoia Capital and Sofina also participated in the round.
Cloud kitchen startup Kitchens Centre raises $500K in seed round led by AngelList India
New Delhi-based cloud kitchen startup Kitchens Centre has raised $500,000 in a seed round of funding. The startup said it plans to use the funding to drive aggressive expansion into new geographies to enable hyperlocal delivery.
Furlenco Bags $10 Mn From Lightbox, Others To Achieve Profitability
Furlenco has raised $10 Mn in a mix of debt and equity from existing investors. The funds will help in achieving profitability in the next 12-18 months
JusPay Bags $21.6 Mn To Expand Presence In India, Overseas
Bengaluru based payment gateway platform JusPay has raised USD 21.6 Mn in a Series B funding round led by Sweden-based Vostok Emerging Finance with an investment of USD 13 Mn.
VCs and startup CEOs join hands to launch Covid-19-focussed Grant
A number of top fund managers from blue-chip venture capital firms and startup CEOs have joined hands to set up a Rs 100 crore grant that will back fledgling firms working on products and services to combat the Covid-19 pandemic.