Fintech
NIRA raises pre-Series A funding

The Bengaluru-based company will use the funds to acquire talent, enhance its technological and product infrastructure, and scale up its lending volumes.
 

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Ed-tech
Qin1 nabs funding from Venture Catalysts, Ola co-founder

Education-technology company Qin1 has secured funding from Venture Catalysts, as online learning ventures remain on investors’ radar in the wake of a shutdown of schools and colleges due to the coronavirus pandemic.
 

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TMT
Reliance ups stake again in US-based pod car developer SkyTran

Energy-to-telecom conglomerate Reliance Industries Ltd (RIL) has hiked its stake in the US-based SkyTran Inc., a venture-funded technology company that is developing pod car transport systems.
 

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Edtech
Expertrons raises seed funding from LetsVenture, others

The company has raised this capital from a clutch of investors, including Sixth Sense Ventures founder Nikhil Vora, LetsVenture, Iceland Venture Studio (its first investment in India), and Samyakth Capital
 

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Ecommerce
ShopX raises Rs 10.6 Cr from existing investor Li and Fung, former Crompton Greaves chairman

Bengaluru-based ShopX works with brands across FMCG, electronics, and lifestyle sectors and is keen to build a scalable Operating System for retail, to power merchants and customers.

Yourstory
 

Wellness
SARVA raises funds from Mantra Capital, Fireside Ventures

Existing investor Fireside Ventures also participated in the round. This marks Mantra's first strategic investment. According to a release issued by the startup, with the freshly raised funds, SARVA will be accelerating its digital footprint.

Yourstory
 

TMT
Rooftop solar startup MYSUN raises Rs 32 Cr in pre-Series A round

The startup plans to use the capital to further improve its technology infrastructure, scale up the service offerings, and expand to newer geographies, both in India and globally, including parts of the Middle-East, Asia-Pacific and Africa.

Yourstory
 

TMT
Contactless shopping experience startup Wagonfly raises $500K led by ITI Growth

Bengaluru-based contactless shopping and delivery experience startup Wagonfly has raised around $500,000 from Investment Trust of India (ITI) group-led early stage venture capital fund, ITI Growth, and angel investor Manoj Kumar.

Yourstory