funding Alert

FirstCry, an omnichannel unicorn startup, secured Rs 435 cr (around USD 58 mn) in a secondary deal from three Indian family offices.

Boxs, a B2B manufacturing platform for architects and interior designers, disclosed on Tuesday its company had raised $1.6 million in a funding round that was spearheaded by Peak XV's Surge.

The health and wellness a online store HyugaLife.com has invested INR 4 crore in the women's wellness company Inaari. This action follows closely on the heels of the platform raising $5 million in a pre-Series A round of funding.

A Bangalore- based martech startup hypergro.ai, focused on boosting brand revenues and dramatically reducing customer acquisition costs, announced today that it has raised seed funding of INR 7 crore. The round was led by Silverneedle Ventures with participation from Huddle, TDV Partners, HME Ventures, Dholakia Ventures, FiiRE, & prominent angel investors like Arjun Vaidya, Ankit Kedia and Rajesh Sawhney.

Veda VC, a venture capital company, successfully closed the first phase of its total fund of Rs 250 crore (about $30 million) at Rs 150 crore (roughly $18 million), with contributions from millionaire investors, business owners and operators, and family businesses.

The cricketer Hardik Pandya, along with other angel investors, invested $550K in the seed investment round for the Aretto, children's footwear firm. They included Vinayak Shrivastav, co-founder of Videoverse; Abhineet Singh, co-founder of multi-brand footwear company VegNonVeg; Shyam Raichura, MD of Aan Group; Raunak Munot, ex-CMO of Bombay Shaving Company; and Kunal Sumaya, MD of Julius Bear.

Bizpay, a mobile-first expense management software suite of corporate prepaid cards has secured an undisclosed sum in a Seed investment round that was headed by Inflection Point Ventures.

Travel technology startup Teleport secured $500k in a pre-seed fundraising round. The money will be crucial in advancing Teleport's goal of ensuring effortless travel visas and revolutionising cross-border travel experiences.

Plus, India's First Jewellery Savings App, has received $350,000 in a Seed fundraising round headed by EvolveX. Founder Circle, Venture Catalyst, and JITO, as well as angel investors Vineet Saxena (Ex-founder Myntra, CEO Card91), Abhishek Gupta (Venture Partner, WFC), Sunil Singhvi (CEO South Handlooms), Vijay Rajagopal (Head, Amazon Pay), Abhay Tandon, Shiva Mohandas, and Sachin Shetty (Founder, Giva), participated in the investment round.

DynamoFL, a provider of privacy solutions and artificial intelligence for large enterprises, secured $15.1 million as part of a new fundraising round that was jointly led by Canapi Ventures and Nexus Venture Partners, two existing investors.