HR Tech

Work Fulfillment Platform Awign Raises USD 4 Mn Series A Funding For Expansion

Bengaluru-based marketplace for part-time work, Awign Enterprises, has raised USD 4 Mn in Series A funding round. The investment has been led by Work10M, with participation from Michael and Susan Dell Foundation, Eagle10 and existing investors Unitus Ventures.

Source: INC42

 

Online Gaming

BCCL Invests USD 5 Mn To Help Starting 11 Expand To India, Should Dream11 Be Worried?

Brand Capital, the strategic investment arm of Bennett Coleman and Company Ltd (BCCL) has announced an investment in Minneapolis-based fantasy football platform Starting 11. Brand Capital has invested USD 5 Mn in the company and will help Starting 11 expand its operations to India.

Source: INC42

 

FoodTech

Box8 Bags USD 1.69 Mn Debt Funding From Trifecta Capital

Mumbai-based foodtech startup Box8 has raised a fresh round of debt to amp up its opportunities in the burgeoning cloud kitchen space in India.

Source: INC42

 

Professional Networking

TapChief Raises USD 1.5 Mn From Blume Ventures For Network Expansion

Bengaluru-based gig worker and freelancer marketplace TapChief has announced raising USD 1.5 Mn from early-stage venture capital firm Blume Ventures. Through this investment, Sanjay Nath, the managing partner of Blume Venture will be joining the company’s board.

Source: INC42

 

Finance

3one4 Capital Closes Growth, Seed Funds With Eye On Changing Funding Landscape

Bengaluru-based 3one4 Capital has announced the final close of its Continuum I and Rising I fund at INR 400 Cr and INR 45 Cr. While Continuum I, which was launched in early 2019, will focus on Series B and above round in existing portfolio companies, Rising I will enter into deals with idea stage and seed-stage companies which includes new and follow-on investments.

Source: INC42

 

E-Commerce

After Narrowing Down Losses 70%, Purplle Gets USD 27.3 Mn Series C Funding

Mumbai-based online beauty products marketplace Purplle has found new resources to invest its skin in the beauty e-commerce game with the fresh Series C investment.

Source: INC42

 

FinTech

Invoice-Discounting Startup KredX Raises USD 26 Mn From Tiger Global, Others

Bengaluru-based invoice-discounting platform KredX announced its Series B round on Wednesday, with US-based Tiger Global Management leading the USD 26 Mn (INR 187 Cr) investment round, along with participation from an existing investor, for a minority stake in the company.

Source: INC42

 

AgriTech

Walmart, Flipkart Invest In NinjaCart

Walmart and Flipkart have announced a joint strategic investment in Ninjacart, the supply chain startup working in India’s fresh produce industry to connect farmers with retailers and businesses in hotels, restaurants, and cafes (HoReCa) industry. A statement from Flipkart said the three companies will bring high-quality fresh produce to more retailers and consumers across India while also boosting farmer income and arresting revenue leaks in the agrarian economy.

Source: INC42