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IoT-enabled agritech platform CultYvate raises Rs. 4.5 crore in funding

CultYvate, the IoT-enabled agritech platform by Farms2Fork Technologies, raised Rs. 4.5 crore in a pre-Series A round. The round was led by Sirius One Capital Fund, alongside other marquee investors including Sunicon, The Chennai Angels, LV Angel Fund, and Prodapt Technology Holding. The freshly-infused fund would be leveraged towards refining…

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Med-tech startup MedisimVR raises ₹3.5 Cr from Inflection Point Ventures – TCA Funding Alert

MedisimVR is a Med-tech company working in the field of healthcare simulation. MedisimVR has raised INR 3.5 Cr in a Pre-Series A round led by Inflection Point Ventures. The round also saw participation from Chennai Angels and Jana Balasubramaniam (MedTech investor). The funds raised will be used for scaling up…

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Backpacker hostel brand goSTOPS raises additional $1 m bridge round

goSTOPS sees rapid demand for strong post-Covid leisure travel Backpacker hostel brand goSTOPS on Wednesday announced that it has raised an additional $1 million bridge round within six months of the last million dollar Pre-Series-A round concluded early this year in June. The round witnessed participation from existing investors The…

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[Funding alert] Tea retail chain Chai Kings raises $1M from The Chennai Angels, others

Chennai based tea retail chain, Chai Kings on Tuesday has raised $1 million in funding from an angel investment group, The Chennai Angels (TCA). The round also participation from Hyderabad Angels and TiE India Angels. Piyush Bhandari, who led the investment from TCA said, “We are very excited to partner with Chai Kings in the bridge round. We believe…

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The Chennai Angels fund uFony, School Diary

uFony Services Pvt. Ltd., the Pune-based Ed-Tech company, has raised funding from The Chennai Angels & other independent investors for School Diary®, an interactive platform that brings education to smartphones. School Diary® is a user-friendly platform that caters to K12 schools, helping them engage students and conduct classes virtually without…

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[Funding alert] FMCG distribution platform Dropshop raises Rs 9.3 Cr in pre-Series A led by Inflection Point Ventures

FMCG distribution platform Dropshop will use the funds to strengthen its product and scale up operations to handle more brands and enter new markets like Chennai and Hyderabad. Bengaluru-based one-stop distribution platform for FMCG brands Dropshop on Monday announced that it has raised Rs 9.3 crore in a pre-Series A round led by Inflection Point…

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