funding Alert

Yogesh Chaudhary of Jaipur Rugs is the lead investor in the $1.2 million investment round for SaaS firm Infurnia Technologies. With this, the firm has raised a total of $3.7 million in funding to date.

InfoEdge Ventures has invested a total of $1.5 Mn in Funstop Games, a gaming studio situated in Gurugram.

Venture capital firm Elevation Capital invested Rs 150 crore in the first round of funding for housing finance provider Vridhi Home Finance.

Fireside Ventures has invested $1.5 million in Chennai-based snack company Sweet Karam Coffee.

The LJ Knowledge Foundation, which supports startups, granted funding of Rs 20 lakh to Techmaghi, an education technology company.

In a seed funding round led by Peak XV Partners' (previously Sequoia Capital India & SEA) accelerator programme Surge, ClearFeed secured $2.7 mn.

Pre-seed capital has been raised by Rapid, an Employer of Record (EoR) with a focus on India, totaling USD 2,65,000 in capital.

The first digital escrow regulatory fintech authorization has been given to Escrowpay, the foremost digital escrow platform, by IFSCA and Escrowpay will issue an additional $4 million in warrants, bringing its total fundraising to $6 million.

Coworking space Qdesq received undisclosed funding from venture capital (VC) company Gruhas, which specialises in the proptech sector.