Gurugram-based traveltech startup Holiday Tribe has secured ₹5.4 crore in seed funding, led by Powerhouse Ventures and GSF, with participation from notable investors including India Mart executives and actor Gaurav Kapur. Founded in 2023 by former MakeMyTrip executives Anshu Sharma and Chirag Goyal, Holiday Tribe specializes in customizable holiday experiences for various traveler demographics, supported […]
Category: News
Turbostart leads $1 million investment in Ai Health Highway
Investment in Ai Health Highway: Turbostart has invested $1 million in Ai Health Highway as part of a $1.5 million pre-Series A funding round, which also includes contributions from Rainmatter by Zerodha, The Chennai Angels, and other angel investors. Product Innovation: Ai Health Highway’s flagship product, AiSteth, is India’s first AI-enabled stethoscope designed to enhance […]
MENA Startups Secure $328.3M in September 2024
In September 2024, the MENA startup ecosystem experienced notable growth with 60 startups collectively raising $328.3 million from 36 investors, highlighting a surge in entrepreneurial activities within the region. Saudi Arabia led the funding efforts, securing $165.34 million, followed by the United Arab Emirates (UAE) with $114.32 million, indicating their dominant roles in the regional […]
Cancer care startup Oncare raises $1 million in a seed round
Funding and Growth: Oncare, a cancer care startup, has raised $1 million in a seed funding round led by Huddle Ventures and aims to use the capital to scale operations and provide affordable cancer treatments to more patients. Geographical Expansion: The startup plans to extend its services to 10 new centers across Delhi NCR, Bengaluru, […]
ZEVO raises $2 million in funding to deploy 5,000 electric vehicles
Funding Round Achievements: ZEVO, an EV mobility platform, successfully raised $2 million in a pre-Series A funding round, led by Pegasus India Fund, aimed at expanding its fleet and developing infrastructure for sustainable logistics in India. Fleet Expansion Plans: The startup intends to deploy 5,000 new electric vehicles to enhance its delivery operations and improve […]
Al Menu Secures $10 Million to Expand Operations in Saudi Arabia
Al Menu, a cloud-based SaaS provider for restaurants and cafes in Saudi Arabia, has raised $10.12 million in funding led by Al Majdiah Investment to enhance its operational solutions. The investment aims to help food and beverage businesses reduce operational costs and improve workforce efficiency, aligning with Saudi Arabia’s Vision 2030 initiative focused on economic […]
Home furnishing startup Furnishka raises Rs 27 crore funding, in talks to raise another $20 million
Funding Achievement: Bengaluru-based startup Furnishka has raised Rs 27 crore in a pre-Series A funding round, increasing its total funding to Rs 45 crore, led by India Quotient, with significant participation from Sparrow Capital and prominent angel investors. Operational Expansion Plans: The funds will be utilized to expand Furnishka’s product range and operations, including plans […]
Mila Celebrations Raises $227,000 in Pre-Seed Funding
Funding and Foundation: Mila Celebrations, an event planning platform founded by Muhammad Ghourbal in early 2024, has raised $227,000 in pre-Seed funding to enhance its services. Market Engagement: The platform has organized over 1,000 events, tapping into Saudi Arabia’s lucrative event market, which is valued at over SAR 50 billion annually. Cultural Significance: Saudi families […]
Indian startups raised $366 million from Sept 23 to Sept 28, 2024; Whatfix tops the list
Significant Funding Round: Between September 23 and September 28, 2024, 19 startups across various sectors raised over $366 million, following a prior week’s fundraising of $470 million, with notable contributions from PhysicsWallah, which raised $210 million alone. Leading Sectors and High-Value Deals: The SaaS sector was particularly dominant with Whatfix raising $125 million in Series […]
Padash Secures $125,000 Pre-Seed to Revolutionize Iraqi Q-Commerce
Funding and Growth: Padash has secured $125,000 in pre-seed funding from an undisclosed angel investor, which will help expand its operations in Erbil and enhance its mobile app functionality. Swift Delivery Service: The startup offers rapid food and grocery delivery services, with orders typically arriving in under 20 minutes and some delivered in as little […]