HouseEazy, a marketplace for preowned homes, secured $7 million in Series A funding led by Chiratae Ventures Fund, in a mix of debt and equity  Other investors include Veena Jindal, Antler Innovat...

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- HouseEazy, a marketplace for pre-owned homes, secured $7 million in Series A funding led by Chiratae Ventures Fund, in a mix of debt and equity
- Other investors include Veena Jindal, Antler Innovation Fund, and IA Growth Opportunities Fund.
- The company issued 3,915 shares at a face value of Rs 10 and a premium of Rs 85,666.
- HouseEazy's valuation has reached Rs 156 crore ($18 million) post-money, with potential for more funds in this round.
- Founded in 2021, HouseEazy aims to provide the best prices and instant liquidity to sellers using a proprietary machine-learning algorithm. 

 Source: [Entrackr](https://entrackr.com/2024/08/exclusive-proptech-startup-houseeazy-raises-4-mn-in-series-a/)

HouseEazy Raises $7 Million in Series A Funding

Journalist

HouseEazy Raises $7 Million in Series A Funding- Grapevine

- HomeLane has acquired DesignCafe in a share swap deal, marking a major consolidation in India's tech landscape.
- The combined entity is valued at approximately $400 million and is raising Rs 225 crore from existing and new investors.
- HomeLane, Doowup, and DesignCafe will continue to operate as separate brands, each targeting different market segments.
- The combined entity is expected to achieve a revenue of Rs 1,000 crore this fiscal year, up 33% from FY24.
- HomeLane plans to file for an IPO in 1-1.5 years, aiming for sustained profitable growth. 

 Source: [The Arc](https://thearcweb.com/article/homelane-buys-designcafe-bags-rs-225-cr-in-funding-VOavZVsPCvgES7a5)

HomeLane buys DesignCafe, bags Rs 225 cr in funding

Welcome to Indian Startups's Private Community

https://techcrunch.com/2024/05/10/meesho-an-indian-social-commerce-with-150m-transacting-users-secures-275m-in-new-funding/ 

In current climate, great to see they’re able to raise! Folks at Meesho, some questions: 

- does anyone know if this is a down round?
- how’s the climate inside Meesho? Appraisals, hiring etc 
- are all employees allowed to sell in the secondary?

Meesho raises funding

Software Engineer

- NowPurchase, a marketplace for metal manufacturers, raised $6 million in equity and debt led by Info Edge Ventures.
- Investors include Orios Ventures Partners, 100 Unicorns, VC Grid, and notable family offices and angel investors.
- Total funds raised by NowPurchase now stand at $10 million, aimed at expansion and new solutions.
- Funds will support scrap processing centers, private labels, and AI integration in MetalCloud.
- Founded in 2017, NowPurchase serves over 250 factories with its MetalCloud platform and real-time WhatsApp bot. 

 Source: [Entrackr](https://entrackr.com/2024/09/nowpurchase-raises-6-mn-led-by-info-edge-ventures-others/)

NowPurchase raises $6 Mn led by Info Edge Ventures, others

Saw the founder giving spiel on CNBC - however I couldn’t get a thing what is he really trying to build. Whatever little I could get is it is similar to refyne earned wage access and credit to employees working in organisations SalarySe has partnered with 

Sharing link of founder interview - https://www.etnownews.com/videos/shows/salaryse-secures-5-million-in-seed-funding-led-by-peak-xv-surge-startup-central-video-106936034

Does anyone know what SalarySe even does?

Product Owner

Udaan is planning to raise additional 250 million dollars from existing investors. Udaan is expecting to undergo massive valuation undercut.

Link: https://entrackr.com/2023/08/exclusive-udaan-in-talks-to-raise-new-round-valuation-may-drop-significantly/

B2B Ecommerce gaint Udaan is in advance stage to raise equity funding

Project Manager

- Sarvam AI - $41M (Lightspeed and Peak XV) 
- Mad Street Den - $67M (Avatar, Peak XV) 
- Wysa - $25M 
- Neysa Networks - $20M (Matrix Partners) 
- Scribble Data - $2.3M (Blume Ventures) 
- Expertia AI - $1.3M (Chiratae Ventures) 
- OnFinance - $ 1.1M (Silverneedle Ventures) 
- Krutrom AI - $50M (Matrix Partners)

India’s biggest Ai startups that raised more than $1M

Operations Manager

The Morning Vine 🍇

Some thing good in startup ecosystummm!

https://startupstorymedia.com/insights-cardekho-group-announces-5-million-esop-liquidity-buyback-reports-strong-growth-in-fy23/

Cardekho announces $5 mil ESOP buyback

- BluSmart has secured $24 million in its pre-Series B funding round from new investors, including responsAbility Investments AG, Sumant Sinha, and the MS Dhoni Family Office.
- The funds will be used to expand BluSmart's operations and build EV charging infrastructure in India's megacities.
- Existing investors and BluSmart founders also participated in the latest funding round.
- This funding comes four months after responsAbility Investments AG announced a $25 million investment in BluSmart.
- Founded in December 2019, BluSmart has raised $109 million across its seed and Series A rounds to date. 

 Source: Moneycontrol

BluSmart Raises $24 Million in Pre-Series B Funding Round

Welcome to Office Gossip's Private Community

ET just published a story on BharatPe raising $100M soon (or at least beginning the process to). I’ve heard business is growing well despite exits. How do you feel? 

Do you think the company is going to come good and stabilize as a fintech leader?

BharatPe Fundraise?

https://entrackr.com/2024/04/exclusive-pharmeasy-raises-216-mn-led-by-memg-at-710-mn-valuation/

90% drop in valuation 📉☠️

Folks are calling out Upcred.ai for non-sensical JD. I was surprised to learn it’s a Cred (invested)company 😂

LinkedIn e-lafda

Product Manager

- Aye Finance, a microlending platform, has raised Rs 250 crore ($30 million) in a Series G round led by Singapore's ABC Impact.
- British International Investment, which led Aye's Series F round, also participated in this round.
- This investment is the first from ABC Impact's Fund II, boosting the firm's assets under management to over $850 million.
- Aye Finance now operates in 398 locations across 22 states in India, offering loans to micro and small enterprises.
- The company reported a 67% increase in revenue to Rs 1072 crore for FY24, with profits tripling to Rs 161 crore. 

 Source: [Entrackr](https://entrackr.com/2024/09/aye-finance-raises-30-mn-in-series-g-round/)

Aye Finance raises $30 Mn in Series G round

- Moving Tech Innovations Ltd, the firm behind Namma Yatri, raised $11 million in a pre-Series A funding round led by Blume Ventures and Antler, with participation from Google.
- The funds will be invested in technology, R&D, and product innovation to empower drivers, integrate public transport, and enhance customer experience.
- Moving Tech aims to increase driver earnings and provide reliable, affordable, and sustainable mobility solutions through direct-to-driver and multimodal transportation models.
- Originally launched as the Yatri app, Namma Yatri debuted in Bengaluru, Mysuru, Tumkur, and Kochi, and has expanded to Chennai, where it also facilitates metro-ticket bookings.
- The company was spun off from Juspay in April 2020 and is led by Shan M S and Magizhan Selvan, who aim to create an impact similar to UPI in India and Linux worldwide. 

 Source: Moneycontrol

Namma Yatri Parent Raises $11 Million in Funding

Welcome to Business Roles's Private Community

BD role, full time engagement, equity. 

Right now we are in product development & testing early pmf phase. 

Matching salary. 

Product - A low tech solution for non tech savvy brands to reduce their ad spend upto 40%.

Problem - Indian D2C brands spend $7b every year on ad spend only to achieve < 2% retention and <2 ROAS. This is because there is no other way other than ad spend to acq. customers. 

Tech - something at the cross-section of commerce, web3 & influencers economy.

Core team in place - 2 engineers, 1 COO, 1 CTO & 1 PM. Enough cash to survive till pre-seed and get to early pmf.

Raising $1.5m in pre-seed now. 

Founders: ex-microsoft, Uber, swiggy, Zomato, udaan, rapido

At the end of yr. 5:
Best case exit for you: ~7-9cr.
Avg case: 3-5cr.
Worst case: 60L-1cr. 

Pls reach out to - join@zut.ai

Looking for a BD cofounder

Founder

- Bengaluru-based fintech startup Stable Money has raised INR 123.5 Cr (about $14.7 Mn) in its Series A funding round led by RTP Capital.
- The round also saw participation from existing investors Matrix Partner and Lightspeed Ventures.
- The board at Stable Money passed a special resolution to issue 77,135 Series A Compulsory Convertible Preference Shares (CCPS) at an issue price of INR 16,019 each to raise INR 123.56 Cr, as per regulatory filings.
- The financing round appears to be ongoing and Stable Money is likely to raise more capital in Series A funding.
- Founded by Saurabh Jain and Harish Reddy in 2022, Stable Money offers fixed-return asset investment opportunities for retail investors, such as access to fixed deposits, debt mutual funds, and bonds. 

 Source: Inc42

Stable Money Raises INR 123.5 Cr in Series A Funding Round

- Omnichannel jewelry startup **Giva** has raised **Rs 255 crore** in an extended Series B round.
- Early backers **A91 Partners** and **India Quotient** partially exited, realizing significant returns.
- Funds will be used to expand Giva's offline presence, which includes around **150 physical stores** nationwide.
- Giva's revenue grew by **96.4%** in FY23, reaching Rs 165 crore, while losses widened to Rs 45 crore.
- The company competes with brands like **Melorra, Bluestone, CaratLane**, and others.

Source: [Entrackr](https://entrackr.com/2024/10/giva-raises-rs-255-cr-a91-and-india-quotient-get-exit-worth-rs-166-cr/)

Giva Raises Rs 255 Cr in Extended Series B, A91 and India Quotient Partially Exit

Some finance person needs to explain this

Software Developer

Is udaan raising new funds and if yes, what is the new valuation ?

Chief of Staff

Welcome to Product Managers's Private Community

PM role, part time engagement, equity.

Until we reach pmf, i only expect consultation on video calls and slack chat. 

After pmf i expect full time. Matching salary.

Product - A low tech solution for non tech savvy brands to reduce their ad spend upto 40%.

Problem - Indian d2c brands spend $7b every year on ad spend. Achieve <2% retention and ROAS is <2. This is because their is no other way than ad spend to acq customers.

Tech - something at the cross-section of ecommerce, web3 & influencers economy.  

Core team in place - 2 engineer, 1 coo. Enough cash to survive till pre seed and get early pmf. 

Will raise pre seed $1.5m. 

Founders: ex-Swiggy Udaan Uber Microsoft Zomato Rapido

At end of the yr 5...
Best case exit for you: ~7-9cr.
Avg case: 3-5 cr.
Worst case: 60L-1cr.

HouseEazy Raises $7 Million in Series A Funding

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