Weekly Funding Roundup – India
- Audio content platform Kuku FM has raised $19.5 million in a new funding round led by South Korean gaming giant Krafton Inc.
The company said it would use the funds to broaden its language offerings and consolidate its content creation strategy. Kuku FM provides content creation tools to users, enabling them to create, develop and post content.
- Metasky, a platform aimed at the intersection of Web3 and the creator economy, has raised $1.8 million in a pre-seed token sale round led by Sequoia Capital India and Woodstock Fund.
The company said that it is working with creators, brands, and influencers to create a Web3 strategy for its followers.
- Nutraceutical supply chain platform Nutrify Today raised $500,000 seed funding
Nutrify Today helps small startups , innovators to commercialize their work in any of the critical nutraceutical markets of the world without having to travel and invest in business.
- India’s Loco has raised $42 million led by South Korea’s early-stage venture fund, Hashed, as a gaming frenzy takes hold in the country of nearly 1.4 billion people.
With its new fundraise, Loco will continue investing in the development of the Indian gaming ecosystem.
- Low-code intelligent automation platform JIFFY.ai raises $53 million in Series B funding.
The Bengaluru-based company will use the funds to scale its sales and marketing efforts, and advance its HyperApp platform, it said in a press release.
- 100X.VC Portfolio Firm ‘Wizzy‘ that Offers Search Tech for E-Commerce Stores Raises ~$300K in Funding.
The company said it will use the funds to evolve the product, amplify its reach to store and marketplace owners around the world, and make product discovery and shopping a seamless experience driven by the most advanced site search technology.
- Captain Fresh raises $50 m in Series C from Prosus Ventures,Tiger Global.
Apart from using the funding to grow its digital platform, the three-year-old startup has expansion plans outside of India.
- PensionBox, a digital pension app, has raised $160,000 from Kishore Ganji, Keynote India, Aprameya Radhakrishna, SAT Industry and others.
The Bengaluru-based startup said it would use the funds to hire a strong team and build its product faster in the coming months to lead the way in the pension sector in India.
- JSW Group arm invests $5 mn in personal care products firm Cureskin.
The company sait, the funds raised will be deployed by the start-up for growing its overall customer base, expand into adjacent categories and make further investments in technology
