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[Weekly funding roundup] Venture investments begin on a tepid note for month of March

[Weekly funding roundup] Venture investments begin on a tepid note for month of March
Venture funding for first week of March was little under $50 million with lower number of deals, but debt financing was higher at $55 million
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The first week of March has not begun on a positive note for the Indian startup ecosystem with decline in venture funding when compared to the last week of February.
The week saw total venture funding of $49 million spread across 14 deals. This compared poorly with the last week of February, where the amount had touched $403 million.
Although, the positive highlight of the week was debt venture fund, which actually had a higher amount when compared to the equity funding. There were four debt deals during the week which garnered $55 million. ....

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[Funding alert] KoineArth raises $1.8M in Pre-Series A round led by YourNest

[Funding alert] KoineArth raises $1.8M in Pre-Series A round led by YourNest
KoineArth, a blockchain startup with a focus on solutions for supply chain segment, will use this funding for product development and market expansion.
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KoineArth, a Bengaluru-headquartered blockchain startup, has raised
$1.8 million in a Pre-Series A round, led by YourNest Venture Capital. Existing investor Inventus India also participated in the round, along with Lumis Partners.
Founded in 2018 by Praphul Chandra, KoineArth focuses on solutions for the supply chain segment and this latest round of funding will be used to fund product development and market expansion.
Founder and CEO Praphul Chandra said, “The last decade saw the emergence of B2C platforms like Uber and Airbnb, which are plug-and-play infrastructures that enable producers and consumers to connect and interact with each other. With Blockchain as the enabling technology, we are creating a B2B platform for ....

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ETtech Evening Briefing on Mar. 4, 2021: WhatsApp calling comes to the laptop

ETtech Evening Briefing on Mar. 4, 2021: WhatsApp calling comes to the laptop
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