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30Jul By AnkitaNo Comments

FUNDING

WASABI RAISES $1.8Mn SEED FUNDING LED BY ANKUR CAPITAL

India, July 30th, 2021: Bengaluru-based tech startup, Wasabi (Truegrit Technologies Private Limited) has raised $1.8 Million in a seed round led by Ankur Capital. The round also saw participation from Binny Bansal backed 021 Capital, Sparrow Capital, and notable angels like Ankit Bhati (Ola), Mekin Maheshwari (Udhyam Learning), Lalit Keshre (Groww), Revant Bhate (Mosaic Wellness), Abhishek Goyal (Tracxn), and Ashish Goel (Urban Ladder) among others. The funds raised will be utilized to build a strong engineering team, develop their product offering and create early customer traction. Founded in January 2021 by Pradeep Dodle and Nikhil Goenka, Wasabi is building easy-to-use communication and growth platform for small and medium businesses in India to help them manage customer relations...

Captain Fresh raises USD 2.3 mn from investors

Freshwater fish and seafood supply chain platform Captain Fresh has raised USD 2.3 million (over Rs 17 crore) from investors, including Ankur Capital. In pre-series A round of funding, Incubate Fund India and Silicon Valley-based angel investors also participated. Captain Fresh leverages technology to deliver freshwater fish and seafood to retailers across all key formats. "The fund will be used to invest in technologies like computer vision, IoT, bots, data analytics to digitize and drive efficiencies across the supply chain," the company said in a statement. Captain Fresh also plans to expand into new cities and increase headcount. Captain Fresh was founded in April 2019 by Utham Gowda, an ex-investment banker. Gowda said, "We started with a simple vision to build a fr...

Rural Health-Tech Startup Raises Rs 3 Crore

Karma Healthcare, a health tech startup received Rs 3 crore as stock funds from early stage investment firm 1Crowd, existing investors comprising of Ankur Capital, Ennovent Capital and Beyond capital, and informal investors in a bid to scale operations and improve their technology. "We are grateful to all our investors for reposing faith and commitment in our work. This new funding will help us scale our operations as well as enhance our technology offering to improve quality of care and provide great patient experience," said Jagdeep Gambhir, CEO of Karma Healthcare. The company aims at offering high-quality, cheat, equal and consistent healthcare to the under served population with a different business model. By combining the human care of a nurse and the potential of...