Consulting

Noida-based MergerDomo raises Rs 1.5 Cr to scale its business
The startup aims at strengthening its platform technology to be more robust and scalable to handle a higher scale of transactions securely, increase both the mind power and manpower, and also extend its marketing campaigns to add more customers and service providers globally.

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Fashion

FabAlley's parent company raises Rs 20.75 Cr in Pre-Series C round
The new capital raised will be utilised for expanding the brands' D2C footprint with new initiatives such as a subscription-based shopping experience, and catalogue curation with AI-based recommendations based on customers' affinity and data mining.

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Edtech

Instasolv raises $2M in pre-Series A funding
The edtech startup says it will use the funds to expand the portfolio of its doubt-solving app for science and mathematics subjects and also add new features.

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Dairy

Milkbasket Raises $5.5 Mn With Plans To Turn Profitable In 2020
The funding round is led by Inflection Point Venture. Blume Ventures, Kalaari Capital, Mayfield India, Unilever Ventures and BeeNext also participated in the round. Milbasket CEO said this is the last fundraise for the company on its path to profitability in 2020
 

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Dairy

Milk Mantra Secures $10 Mn Debt From International Development Finance Corporation
The funds will be used to grow Milk Mantra’s digital financial services platform for its network of farmers
The company says its revenue has scaled to $32 Mn in 2020
It has previously raised $25 Mn from Eight Roads, Aavishkaar among others
 

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Infrastructure

Infra.Market Is Raising INR 40 Cr From Trifecta In Mix Of Debt And Equity
The company in its filings said that the object of the issue is to raise funds for the growth
Post-issue, Trifecta will hold a 0.33% stake in the company
Prior to this, the company has raised funds from Tiger Global, Accel Partners etc
 

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Tech

Gopi Latpate and Inflection Point Ventures back citizen safety tech platform DROR
The Gurugram-based startup said the funds will be utilised for user-base expansion, technology development, and creating innovative solutions for enterprises.

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