Chiratae Ventures
Deals of the Week: Startups Bagging Big Wins and Funding (November 23–29)
This week saw significant funding activity across diverse sectors, from oncology drug manufacturing to electric vehicle leasing. Here's a roundup of key deals that grabbed attention.
Bessemer Leads USD 8 Mn Funding in ShopDeck to Revolutionise Indian D2C Ecosystem
The funding aims to fuel ShopDeck's mission of helping small and mid-sized businesses establish profitable and scalable online operations.
Healthify Secures USD 20 Mn Funding from Khosla Ventures, LeapFrog Investments, and Claypond Capital
With the raised funds, the Bengaluru-based platform aims to fuel its expansion into the US market and enhance its AI-driven nutrition and fitness coaching capabilities.
Dezy Raises USD 6 Mn New Funding to Expand Clinic Network in Bengaluru and Hyderabad
This round, part of a larger USD 8-10 million funding push, will primarily focus on scaling operations in Bengaluru and Hyderabad. Dezy had previously raised USD 23 million in a Series A round in 2022.
Tuco Intelligent, ORIGHT, and Pepsales Raise Early-Stage Funding
The startups listed below have disclosed investment rounds.
Chiratae Ventures Leads USD 7 Mn Funding Round for Proptech Startup HouseEazy
The Noida-based startup plans to use the new capital to expand its geographical footprint across the NCR region, enhance its brand presence, grow its team, and refine its product offerings.
This Week's Best Startup Funding: August 10–16
Here is a list of the startups that have raised the most money this week, from August 10 to August 16.
Trade Credit Platform Vayana Gathers USD 20.5 Mn to Accelerate Supply Chain Financing
The new funding will enhance Vayana's trade credit, compliance, and risk management solutions, enabling the launch of innovative, affordable financing products for supply chain support and growth.
Metadome.ai Secures USD 6.5 Mn in Series A Funding to Advance XR and AI Integration
The Gurugram-based platform aims to deploy the fresh capital to expand into new regions and enhance its XR technology by integrating advanced artificial intelligence (AI).
Skye Air Lands USD 4 Mn Series A for Drone Delivery Expansion
The fresh proceeds will help the Delhi-based startup expand its last-mile network across Gurugram and other cities for healthcare, e-commerce, and quick-commerce deliveries.
Fintech Startup Fibe Raises USD 90 Mn in Series E Round Led by TR Capital, Trifecta Capital, and Others
The Pune-based platform aims to deploy the fresh funds to expand reach, strengthen technological infrastructure, and deepen its impact across India.
Exly Secures USD 6.2 Mn Funding Led by Chiratae Ventures and Others
Gurugram and California-based Exly aims to deploy the raised funds for product development, customer acquisition and empowering entrepreneurs to maximise earnings.
VC Rebranding: What Purpose Does It Serve, and Why Is It Important?
IDG Ventures India changed its name to Chiratae Ventures in 2018 and Inventus India rebranded the company as Athera Venture Partners in 2022 to reiterate their vision and focus. In addition, Sequoia Capital changed its name this year to Peak XV Partners, taking its cue from Mount Everest, whose previous name was Peak XV until it was changed.
Investors Raise Financial Irregularities at Healthtech Startup Mojocare
The Bengaluru-based startup's financial problems, which include overstating revenues, have surfaced less than a year after it raised $20.6 million in its Series A round.
Investors on Why This is an Ideal Time for Growth Investments
Companies in the growth stage have already built a consumer base and validated their value proposition. As a result, investors' returns can be more guaranteed.