India Dealbook: O4S raises $2.1m from Venture Highway; Northmist bags angel funding

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Gurugram-based SaaS startup O4S and Bengaluru-based online cotton menswear brand Northmist have secured funding.

O4S raises $2.1m from Venture Highway

Gurugram-based SaaS startup O4S has secured $2.1 million in a pre-Series A funding round led by Venture Highway, it announced on Thursday.

The startup will use the funding to strengthen its workforce, accelerate client acquisition, and build technology infrastructure across industries within India.

O4S, operated by Evato Technology Pvt. Ltd, last raised a seed investment of $400,000 in 2017. “In the past one year, we have tracked over 500 million unique products across 100 thousand retailers in general trade,” Divay Kumar, CEO, O4S, said.

Northmist bags angel funding

Bengaluru-based online cotton menswear brand Northmist has raised about Rs 1 crore in angel funding from a bunch of angel investors, YourStory reported.

The round saw participation from Sanjay Koul, Managing Director and Chairman of a top US company; Birju Gala, CEO of Zibo Paper Tech; Somendra Biswal, Head of Corporate Affairs – Sahi Export; and Srinivasan Sarangpani, Director of Supply Chain at a US company.

Northmist plans to use the funds to launch a new T-shirt collection in August, and get into womenswear by January next year.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.