Hasura Turns Unicorn, Medibuddy Raises $125 Mn, Facilio Gets $35 Mn In Series B Funding & Princeton Digital Bags $500 Mn From Mubadala
SaaS startup Hasura turns unicorn after elevating $100 million in Sequence C spherical
SaaS startup Hasura enters the unicorn membership after elevating $100 million in its Sequence C funding spherical at a valuation of $1 billion. This brings the full capital raised by Hasura to $136.5 million. The funding spherical was led by Greenoaks, with participation from current buyers Nexus Enterprise Companions, Lightspeed Enterprise Companions and Vertex Ventures.
The corporate will use the contemporary capital to speed up analysis and growth and broaden go-to-market actions globally for the corporate’s GraphQL engine, which makes it quick and straightforward for even these with zero GraphQL experience to compose a GraphQL API from current APIs and databases, it stated in a press release.
The San Francisco- and Bengaluru-based startup claims to have been downloaded greater than 400 million instances and has earned greater than 25,000 GitHub stars since its inception in 2018.
Digital healthcare firm MediBuddy raises $125 million in Sequence C Funding
Finish-to-end digital healthcare platform, MediBuddy has raised $125 million in Sequence C funding from Quadria Capital and Lightrock India. Others who participated within the spherical included current buyers Bessemer Enterprise Companions, India Life Sciences Fund III, Rebright Companions, JAFCO Asia, TEAMFund LP, FinSight Ventures, InnoVen Capital, Stride Ventures, and Alteria Capital.
The enterprise claims it’s the largest funding spherical within the Digital Healthcare companies area. Avendus Capital was the unique monetary advisor to MediBuddy on this transaction.
With the brand new spherical of funding, the great healthcare platform will additional spend money on buyer consciousness, hiring, strengthening expertise platforms together with knowledge science capabilities, scientific analysis, and product growth.
The platform has already catered to the healthcare wants of over 3 crore Indians, leveraging its pan-India community of 90,000 medical doctors, 7000 hospitals, 3000 diagnostic facilities, and 2500 pharmacies.
Facilio raises $35 million Sequence B funding to rework Actual Property operations with AI
Facilio, a number one property operations software program platform has raised $35 million in Sequence B financing led by Dragoneer Funding Group with participation from Brookfield Development and current buyers Accel India and Tiger World Administration.
“This funding will enable us to increase our market management, broaden gross sales and advertising and marketing, and allow extra corporations to succeed in success by a predictive, related mannequin of actual property operations,” stated Prabhu Ramachandran, founder and CEO, Facilio.
Based in 2017, Facilio affords a unified software program platform that leverages an AI-led predictive engine to assist actual property portfolios digitize processes and optimize their property operations. The platform encompasses a set of SaaS functions for upkeep and operational visibility, sustainability, and distant tools efficiency monitoring.
Warburg Pincus-backed Princeton Digital raises $500 million led by Mubadala
Asian knowledge centre operator Princeton Digital Group has raised $500 million in an fairness funding spherical led by Abu Dhabi state fund Mubadala, underscoring the sector’s enchantment as demand from international cloud suppliers fuels its development.
Whereas Mubadala led the spherical with a $350 million cheque, current shareholders Warburg Pincus and Ontario Lecturers’ Pension Plan Board accounted for the remaining.
PDG, fashioned by the corporate’s chairman Rangu Salgame and Chief Working Officer Varoon Raghavan with Warburg Pincus in 2017, will deepen its presence in its working markets in Singapore, India, China, Japan and Indonesia, the Singapore-based agency stated in a press release.
“Mubadala’s monitor file of long-term investments mixed with intensive know-how within the digital infrastructure area makes it a terrific associate as we proceed to scale our enterprise,” stated Rangu Salgame, co-founder, Chairman and CEO of PDG.
The corporate serves hyperscalers, web and cloud corporations, and monetary establishments with scalable and dependable web infrastructure and world-class knowledge heart companies to satisfy their growing demand throughout Asia.
Vymo raises $22 million in Sequence C funding spherical to empower distant gross sales groups
Vymo, an Clever Gross sales Engagement platform for Monetary Establishments, has raised $22 million in a Sequence C funding spherical led by Bertelsmann India Investments. Current buyers Emergence Capital and Sequoia Capital collaborating.
As a part of the financing, BII’s Rohit Sood will likely be becoming a member of the corporate’s board. “2021 was a momentous 12 months for us: 20 % + quarterly development, 142 % NRR, zero brand churn, entry into the US with wins like Berkshire Hathaway, and onboarding a few of the largest Insurers in Japan.
Gross sales tech is a $10B+ alternative in simply these two nations and this fundraiser will assist us speed up our development plans for these markets,” stated Yamini Bhat, co-founder and CEO.
Vymo was based in 2013 and has shoppers akin to Microsoft, Salesforce, Softbank, Lineworks, and EY. The corporate is headquartered in San Francisco and has places of work in Singapore, Bengaluru and Tokyo.
Wholsum Meals secures $7 million; intention to succeed in Rs 500 crore in income by 2025
Millet-based meals startup Wholsum Meals, which is the maker of youngsters’s meals model Slurrp Farm has raised $7 million in a contemporary spherical of fundraising led by Funding Company of Dubai and current investor Hearth Ventures. The fundraise comes a 12 months after Hearth Ventures’ preliminary funding of $2 million within the firm.
The startup plans to make use of the contemporary capital for creating millet-based merchandise with zero junk components. The funds can even be deployed in the direction of product innovation, advertising and marketing in addition to growing international footprint, it stated in a press release. Wholsum Meals claims to have registered a 10x development from June 2020 until December 2021.
“We’re rising steadily and at present clocking in over Rs 50 crore of income run fee, with an intention to succeed in Rs 500 crore in income by 2025. The funds raised will allow us to construct a worldwide Indian FMCG model,” stated Meghana Narayan and Shauravi Malik, co-founders and co-CEOs of Wholsum Meals.
The agency stated it launched 20 new SKUs in 2021, together with a number of in beforehand unexplored classes, such because the baked Little Millet Noodles and Foxtail Millet Noodles. The model additionally expanded to the UAE and is trying to develop its offline and on-line presence within the area by 40 % within the subsequent 12 months.
Agritech startup Krishify luggage $6.2 million in pre-Sequence A spherical from Omnivore
Agritech platform Krishify has raised $6.2 million in a pre-Sequence A spherical led by enterprise capital fund Omnivore. Current buyers Ankur Capital, Omidyar Community India, and Orios Enterprise Companions, additionally participated within the funding spherical.
Previous to this, the startup had already $2.7 million in August 2021 and has now closed the Pre-Sequence A spherical with a further $3.5 million in funding. The agricultural social community plans to make use of the funds for accelerating pan-India development and to additional refine the expertise for an enhanced consumer expertise within the agriverse.
Additionally it is accelerating monetization on the community by way of promoting, lead era, and advertising and marketing companies for corporations focusing on rural customers, the startup stated in a press release. The corporate claims to have over 6.5 million downloads and 1.3 million month-to-month energetic customers on its platform.
Battery swapping community Chargeup will get $2.5 million from Capital A and Anicut Capital
Chargeup, a battery-swapping community for electrical two and three-wheelers, has raised $2.5 million in pre-Sequence A spherical led by Capital-A and Anicut Capital.
Different marquee buyers who participated within the spherical embody actors Tiger Shroff and Shraddha Kapoor, Aman and Sameer Mehta (founders of Boat). Grip invested because the leasing associate.
The contemporary funds will likely be used for the enlargement of Chargeup’s community to new cities and constructing bigger capacities to satisfy the rising demand, the corporate stated in a press release.
“We’re quickly increasing our community and aiming to profit the lives of tens of millions of e-rickshaw drivers in India, whereas additionally extending our options to rising supply community of EV 2 & 3 wheelers,” stated Varun Goenka, CEO, and co-founder, Chargeup.
Mobility startup Baaz Bikes raises $2 million from Kalaari Capital
Mobility startup Baaz Bikes has raised $2 million in Pre-Sequence A from Kalaari Capital together with the participation of AdvantEdge, 9Unicorns and Sumant Sinha (CMD-Renew Energy).
The corporate plans to make use of the contemporary capital in the direction of furthering the platform and infrastructure – together with battery swap stations to supply full protection and repair all through Delhi, it stated in a press release.
Based in 2007, Baaz Bikes offers gig supply staff, entry to its in-house designed cost-efficient bikes (Baaz Bikes) supplied by the native bike rental companions.
“With new-age corporations promising 10-minute deliveries, demand is just going to strengthen from right here. We’re excited to have Kalaari’s help in our journey in the direction of Constructing for Bharat. With this funding, we’re going to blanket Delhi with our ecosystem within the subsequent 6 months and are focusing on to clock 100,000 kms each day,” stated Anubhav Sharma, Co-Founder and CEO of Baaz.
Sleepsia secures $2 million from mum or dad firm Agile Ventures; goals to on-board 2.5 lakh+ prospects
Pillow and sleep equipment manufacturer-to-consumer (M2C) model Sleepsia has raised $2 million from its mum or dad firm Agile Ventures. With the contemporary infusion of capital, the model will broaden its buyer base in tier-II and tier-III cities, with an intention to succeed in a minimum of 2.5 lakh extra customers.
The corporate can be working to scale back time spent on the provision chain by strengthening its manufacturing capacities in India, it stated in a press release. “To date, we have now served 200k completely satisfied prospects. And now with the current funding, we’re planning to convey 250,000 extra sleepers onboard,’ stated Dheeraj Kapoor, Director, Sleepsia.
The D2C agency can be trying to set up full-stack buyer expertise labs to innovate, develop and analysis high-end and avant-garde sleep merchandise.
Surge invests in Bangladesh-based edtech agency 10 Minute College
Bangladesh-based studying app 10 Minute College, has raised $2 million of seed funding from Sequoia India’s rapid-scale up program—Surge. That is Surge’s first funding in a Bangladesh-based edtech firm. The startup stated that it’ll utilise these funds to spend money on product, expertise, and expertise acquisition throughout each Bangladesh and India.
“We wish to double down on our development trajectory this 12 months whereas creating an unparalleled studying expertise for our college students,” stated Ayman Sadiq, founder and CEO, 10 Minute College.
10 Minute College is a mobile-first on-line studying platform that gives inexpensive, accessible and extremely related instructional content material to 25 million college and school college students, college admission check candidates, job-seekers, and folks on the lookout for specialised abilities coaching. As per the agency, roughly 7 % of 10 Minute College’s viewers is predicated in India.
Psychological healthcare app heyy raises $555K in pre-seed funding
Psychological healthcare app heyy has raised $555,000 in a pre-seed spherical of funding led by early-stage institutional investor Wavemaker Companions. This marks the primary exterior fundraise for the corporate.
Based in 2021, heyy, operates within the preventative ‘emotional first-aid’ area, a lot earlier than the problems turn out to be scientific or extreme. It has constructed a floor community of educated ‘Helpers’ – the primary respondents in a dialog, who interact with aid-seekers for as many instances as required, earlier than recommending skilled steering.
The corporate claims to have clocked robust development on the premise of stable traction in its Enterprise and Shopper verticals. It has a renewal fee of 100% and 40% within the Enterprise and Shopper segments respectively, the agency added.
Adicube raises Rs 12 crore from Pitcherlabs Ventures; to scale its influencer advertising and marketing platform
Influencer-marketing platform Adicube has bagged Rs 12 crore in pre-seed funding led by Pitcherlabs Ventures and a clutch of angel buyers, together with Chandrahas Panigrahi, Founder Edukemy, Ashish Padiyar and Brijesh Damodaran, Founders, Auxano Capital.
Rahul Khandelwal at Felix Advisory acted because the monetary advisor to the transaction. Adicube will use the capital to proceed investing in its platform, and for enterprise growth, it stated in a press release.
“With this funding, we need to double down on our development to emerge because the go-to platform for each influencers and types”, stated Sreetam Panda, Founder and CEO, Adicube. The agency connects influencers and types, providing transparency in prices. It offers manufacturers entry to greater than 5,000 verified influencer profiles.
The platform has been accessed by Groww, Unacademy, Fampay, Edukemy, CoinSwitch Kuber and different manufacturers to succeed in tens of millions of customers, the agency added. India’s influencer market is predicted to develop at a compound annual development fee (CAGR) of 25 % until 2025 to succeed in a dimension of Rs 2,200 crore, in keeping with GroupM INCA’s India Influencer Advertising and marketing Report.
Com Olho raises Rs 1.8 crore from Inflection Level Ventures
Cyber safety and IP-led analytics startup, Com Olho has raised Rs 1.8 Crore in a seed funding spherical led by Inflection Level Ventures. The funds raised will likely be utilised in the direction of hiring, stack enchancment, and aggressive market penetration in India, MENA, and APAC, it stated in a press release.
The agency has additionally been granted a patent for non-rule-based advert fraud detection. Utilizing this, the corporate claims to have been in a position to present a minimum of 20 % MoM financial savings to even value per sale (CPS) campaigns and enhance advert viewability by their model security toolkit.
“We at Com Olho create modern – AI-based expertise to assist enterprises and governments mitigate the dangers arising from numerous sorts of digital frauds. We’re India’s first firm to get a patent grant for promoting fraud detection, to which Indian advertisers will lose Rs 6,000 crore in 2022, stated Abhinav Bangia, founder and CTO, Com Olho.
CertifyMe raises undisclosed quantity in seed spherical led by Callapina Capital, others
Digital credential administration platform CertifyMe has raised an undisclosed quantity in its seed funding spherical led by Callapina Capital and angel buyers. The funds will likely be utilised in increasing the agency’s vary of SaaS merchandise within the digital credentials area moreover investments in venturing into new domains akin to Ecommerce, luxurious and HR Tech, CertifyMe stated in a press release.
“We began small through the pandemic and have grown to course of greater than 1,00,000 credentials and 5 million social media impressions on this brief span. At present, the platform is used throughout the globe by 700+ enterprises in over 70 nations,” stated Ranjith Tharayil, founder and CEO, CertifyMe.
CertifyMe is a platform and answer for the creation, issuance, and administration of digital credentials. It ensures seamless verification, will increase model visibility, and assists the awardee in publishing credentials throughout 50+ social media websites.