pre-Series A

India Dealbook:Startups LegalRaasta, Utkal Tubers, Log9 Materials raise funds


Startups LegalRaasta, Utkal Tubers and Log9 Materials have raised funds. LegalRaasta raises $5m in Series A round from Impanix Capital Online legal aid platform LegalRaasta has raised Rs 32 crore ($5 million) from early-stage investment firm Impanix Capital, according to a report in The Economic Times. The New Delhi-based startup plans… Read more »

India Dealbook: Innoplexus, enKast, ShopKirana raise funds

Startups Innoplexus, enKast and ShopKirana have raised funds. Innoplexus raises funds from German VC HCS Indo-German data as a service startup, Innoplexus has raised an undisclosed amount funding in its Pre-Series A round from German venture capital fund HCS. Subsequently, Hans-Christian Semmler, Managing shareholder of HCS will join as Chairman of the supervisory board of Innoplexus,… Read more »

India: Wholesalebox secures $2m in pre-Series A round

Jaipur-based Wholesalebox, an e-commerce portal for traditional wholesalers and traders in the unbranded fashion and lifestyle sector, has secured $2 million from a clutch of institutional investors and marquee angel investors in a pre-Series A round, a top company executive said. The investors included Manish Maheshwari, CEO of Network 18… Read more »

India Dealbook: Startups Beardo, InMotion, InstaCar raise funds

Men’s grooming startup Beardo, fintech firm InMotion and online taxi marketplace InstaCar have raised funds. Men’s grooming brand Beardo raises $500k from Venture Catalysts Ahmedabad-based men’s grooming brand Beardo has raised seed funding of $500,000 from Venture Catalysts. Angel investors including Raj Vazirani – RHV enterprise, Siddharth Somaiya of Godavari Biorefineries and Somaiya… Read more »

Indonesia: Gobi Partners leads $2m pre-series A round for Travelio 

Indonesian travel platform Travelio has raised $2 million in a pre-series A investment round led by Shanghai-based VC Gobi Partners. Funding will be used to expand accommodation offerings, product development, widen market reach, and increase new hires. “This is a milestone for Travelio, from a conventional company to one that… Read more »

Start-up emergency funding gets a fancy name in pre-series A

Entrepreneurs are encouraged to be hustlers. Interestingly, they don’t just create ideas but also terminologies. As investors become more demanding, entrepreneurs and start-ups are increasingly turning to emergency financing which has been given a fancy name of Pre-Series A. A Pre-Series A round, which has been very widely used in… Read more »