Location Intelligence Startup GeoIQ Raises Funds From IP Ventures
Bengaluru-based location intelligence startup GeoIQ raised an undisclosed amount of funding from IP Ventures. The company is expected to utilise the fund to expand its tech team, improve product development and focus on marketing.
Neo Bank Juno Raises USD 3Mn Seed Funding From Sequoia, Polychain
Neo bank Juno has raised USD 3 Mn (about INR 21 Cr) in a seed funding round led by Polychain Capital and Sequoia Capital India’s accelerator programme Surge. Other investors in the round included Dragonfly Capital, Consensys Labs, Astarc Ventures and Singapore Angel Network.
Car Cleaning, Repair CleanseCar Raises USD 2 Mn From Haldiram’s, Dhianu Das, Others
Daily car cleaning and repair service CleanseCar, on October 9, has announced a funding of USD 2 Mn in Pre-Series A round from 10 investors, including Haldiram’s Family Office, Apoorv Ranjan Sharma, founder, Venture Catalysts and Rahul Bothra, CFO, Swiggy. It is expected that the company will use the fund to expand its services to all metropolitan cities and adopt better technology.
Kosha, a specialized winter wear brand, has raised an undisclosed amount in seed funding from a clutch of individual and financial investors including Tres Monos Capital and Narendra Hiranandani, founder of Enhira Software, the company said in a statement.
Fintech Firm BASIX Sub-K Raises Series C Funding From Danish Investor
BASIX Sub-K iTransactions Ltd, a financial technology company, said on Wednesday it has raised INR 75 crore (USD 10.57 million) in its Series C funding round from Denmark-based asset management firm Maj Invest.
Lightbox, Dabur’s Burmans Go Bling With Series C Bet On E-Jeweller Melorra
August Jewellery Pvt. Ltd, which operates fine jewellery brand and e-tailer Melorra, has raised USD 12 million in a Series C funding round from investors including existing backer Lightbox Ventures India.