Cannarma, India's Ultra Premium Cannabis-based-Products company, has raised undisclosed funding in a pre-seed round, led by Praveen Kaushik, the founder of Zero to One Fund. Amity Innovation Incubator additionally joined the startup in the latest funding.
The sovereign wealth fund of Qatar, Qatar Investment Authority (QIA), has invested $50 million strategic equity investment to Global Dental Services, the operator of the Clove Dental Chain of oral care clinics across the country.
seafund Invests INR 5 Crore into Five Startups. These are in Evhicle, Swapp Design, Simatricals, Redwings and Docker Vision. Docker Vision accelerates shipping container mobility at ports and provides real-time condition assessments by utilizing computer imaging and artificial intelligence.
The virtual spirituality startup VAMA secured $1.5 million in a seed round led by Wavemaker Partners, with Lisa Gokongwei-Cheng of Summit Media and Harit Nagpal of Tata Play also participated. The round also included angel backers Dhruv Bahl and Burak Buyukdemir, as well as venture capitalist investors Blume Founders Fund, Alluvium, and Untitled VC.
'Scapia, the fintech company on a mission to make travel accessible through its suite of financial products, has raised $23 million in its Series-A funding round, led by Elevation Capital and 3STATE Ventures. The round also saw participation from its existing investors, Matrix Partners India and Tanglin Venture Partners.
Kiwi, a fintech startup, raised $13 million in a recent funding round, under the leadership of Omidyar Network India. Participating in the round were long-time investors Nexus Venture Partners and Stellaris Venture Partners.