Startup funding

Digital escrow platform Escrowpay just secured $600,000 from its current investors, bringing the total capital in its continuing Series A round—which has a target of $15 million—to a massive $6.6 million.

In the second phase of its seed capital fundraising round, OxyZEN Express, a business providing solutions for supply chains and fast logistics, secured $3 million, or Rs 25 crore.

EaseMyTrip.com, one of India’s largest online tech travel platforms, has recently secured a non-controlling approximately 13% stake in Eco Hotels and Resorts Limited, a BSE listed entity.

Pre-seed funding led by 100X.VC secured Rs 2.1 crore for the eyewear business Enrico Eyewear.

Nestroots, a lifestyle and home décor firm, secured Rs 3 crore in its pre-seed financing round.

A marquee accelerator programme for early-stage businesses in the banking, financial services, and insurance (BFSI) industry has been established by the fintech consultancy firm The Digital Fifth (TDF).

Shastra VC (formerly Veda VC) and a group of angel investors led a pre-seed funding round in which climate tech platform Alt Carbon raised $550K.

Networking platform for angel investments Over 250 investors have joined We Founder Circle's (WFC) GIFT City Fund, which secured $10 million (roughly INR 83 Cr).

Equanimity Ventures and Kotak Alternate Asset Managers led a pre-Series A funding round that brought $1.5 million to the healthtech firm Monitra Health.

Coworking space firm BHIVE has strengthened its support for the rapidly expanding coworking and fintech industries by acquiring product-engineering company Praemenio.