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News on Medial
Crypto Fantasy GameFi Kandle Raises $1.7 Million In Seed Funding Led By Saama
OutlookIndia
·
2y ago
Medial
The seed funding round was led by Saama, with participation from PointOne Capital, Cloud Capital, Good Capital, Founder’s Room, Seeders Fund, and Sumit Gupta
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Gurugram's Solethreads raises $3.7M in Series A round led by new and existing backers
IndianStartupNews
·
2y ago
Medial
Gurugram-based Solethreads, a rapidly growing casual footwear brand has raised $3.7 million in a Series A funding round led by Fireside Ventures and existing investors DSG Consumer Partners and Saama Capital.
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Shark Tank India-backed Koparo raises $1.7 Mn
Entrackr
·
4m ago
Medial
D2C home cleaning brand Koparo is raising Rs 14.5 crore (approximately $1.7 million) in an extended pre-Series A round led by existing investor Saama Capital with the participation of Vikramaditya Mohan Thapar Family Trust, DSG Consumer Partners, M Venture Partners, and others. Previously in February 2024, Koparo raised Rs 6 crore from 4P Capital Partners and Shark Tank India. The board at Koparo passed a special resolution to issue 2,314 pre-Series A2 compulsory convertible preference shares at an issue price of Rs 62,666 each to raise Rs 14.5 crore ($1.7 million), its regulatory filing accessed from the Registrar of Companies (RoC) shows. The proceeds will be used to meet the working capital requirements, general corporate purposes, or funding current/future expansion plans of the company, according to filings. According to Entrackr’s estimates, the company's valuation surged by nearly 90%, reaching Rs 124 crore (approximately $14.6 million) compared to its previous funding round. Founded by Simran Khara, Koparo offers natural alternatives to regular cleaning products. With a portfolio of more than 15 products and over 30 SKUs across core and specialty cleaning, its range includes floor cleaners, laundry detergent, fabric conditioners, dishwash liquid, handwash, accessories, and fresheners. According to startup data intelligence platform TheKredible, the Delhi-based company has raised nearly $3 million prior to this round from investors including Saama Capital, M Venture Partners, 4P Capital Partners, and others. Post-allotment, Saama Capital will be the largest external shareholder with a 15.36% stake in the company. In the fiscal year ending March 2024, Koparo’s operating revenue surged 2.3X to Rs 10.22 crore, up from Rs 4.37 crore in FY23. The company reported losses of Rs 5.86 crore in FY24.
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Donut Browser, Agentic Crypto Browser on Solana, Raises $7 Million in Pre-Seed Led by BITKRAFT VC, Hack VC, Hongshan Capital | DeepNewz VC
Business Bytes
·
2m ago
Medial
Donut Browser, a crypto-centric browser built on the Solana blockchain, has successfully raised $7 million in a pre-seed funding round. The company aims to enhance user experience with cutting-edge blockchain technology. This funding will aid in developing and refining their innovative browser solution, integrating seamless crypto functionality within a browsing environment. The round was led by prominent venture capitalists, highlighting strong investor confidence in the potential growth and impact of Donut Browser in the crypto ecosystem.
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Ice cream brand Go Zero raises $1.5 Mn
Entrackr
·
1y ago
Medial
Ice cream brand Go Zero has raised $1.5 million in its follow-on pre-Series A funding round from DSG Consumer Partners, Saama, and V3 Ventures, among others. The round also saw participation from notable angel investors such as Arjun Purkayastha. Earlier in August last year, the startup had raised $1 million in its pre-Series A funding round led by DSG Consumer Partners, Saama, and V3 Ventures. Founded by Kiran Shah, Go Zero has a diversified product portfolio featuring low-calorie, high-protein, and vegan ice creams. The startup claims that all its products are sweetened with plant-based sweeteners, which are low in calories. Currently present in 16 cities and over 125 dark stores, Go Zero ice cream brand is available on both quick commerce and e-commerce platforms in less than two years of launch. In FY24, Go Zero claims to have grown 4X compared to FY23 and while it saw 7X growth on quick commerce in just 5 months this summer. Go Zero competes with Hocco and NIC. Last year, NIC had raised $11 million in a growth funding round led by Jungle Ventures whereas Hocco recently raised $12 million from Chona family and others.
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Drone delivery startup Airbound raises $1.7 million in seed funding led by Lightspeed
Economic Times
·
8m ago
Medial
Drone technology startup Airbound has secured $1.7 million in seed funding led by Lightspeed Venture Partners. The company has developed a long-distance drone called TRT, capable of carrying up to 1.5kg of payload. Airbound aims to revolutionize logistics by leveraging its proprietary technology to reduce delivery costs. The funding will be used for further research and development as well as expanding into medical deliveries, including transporting blood samples. Airbound plans to launch its product in early 2025. The drone startup sees potential opportunities for drone delivery in the quick commerce sector, particularly in tier-II and tier-III cities in India.
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Just Words Gets Funding From Peak XV Partners, Y Combinator
Inc42
·
11m ago
Medial
Just Words recently raised $1.7 million in a seed funding round led by Peak XV Partners and Y Combinator. The startup plans to use the funds to create an AI marketing stack for businesses, as well as to expand its services and team. Just Words currently works with popular clients such as Grammarly, BeReal, Naukri, Jeevansathi, and BiggerPockets.
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Healthtech startup Neurowyzr raises Rs. 16 crores in a seed round led by Jungle Ventures, Peak XV
IndianStartupNews
·
1y ago
Medial
Neurowyzr has raised an additional $2.1 million in an oversubscribed seed funding round co-led by Jungle Ventures and Peak XV, bringing its total seed funding amount to $3.3 million.
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Donut Browser, Agentic Crypto Browser on Solana, Raises $7 Million in Pre-Seed Led by BITKRAFT VC, Hack VC, Hongshan Capital | DeepNewz VC
Business Bytes
·
2m ago
Medial
Donut Browser, a project focused on developing a crypto agentic browser on the Solana blockchain, has successfully raised $7 million in its pre-seed funding round.
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All Things Baby, Ikin Global, BitSave, DevX secure early-stage cheques
VCCircle
·
8m ago
Medial
Indian companies All Things Baby, Ikin Global, BitSave, and DevX have secured early-stage funding. All Things Baby, a platform for mother and baby products, raised Rs 30 crore ($3.6 million) in a Series A funding round led by Inoventures and Richa Choksi. Ikin Global, an IoT smart lock brand, raised $1 million in a pre-Series A round, led by Unicorn India Ventures and Callapina Capital. BitSave, a crypto investment platform, secured an undisclosed amount in a pre-Series A round, led by Leo Capital. DevX, specializing in headless commerce solutions, secured pre-seed funding led by Avinya Ventures.
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Bengaluru's D2C luggage brand Mokobara raises $12M in a Series B funding round
IndianStartupNews
·
1y ago
Medial
Bengaluru-based luggage brand, Mokobara, has secured $12 million in a Series B funding round led by Peak XV Partners, with participation from existing investors Sauce VC and Saama Capital. The startup plans to use the funding to expand its business operations in key markets such as Bengaluru, Delhi, and Mumbai, as well as increase its offline presence through new store openings. Mokobara offers a range of luggage and travel accessories, and has seen significant growth in operating revenue, though its losses have also increased. The funding round reflects growing investor interest in consumer brands, particularly those in the travel sector.
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