Servify raised $65 million from Singularity Growth Opportunities Fund
Device management startup Servify
pulled in $65 million in funding led by Singularity Growth Opportunities Fund. Existing investors like Iron Pillar, Beenext and Blume Ventures also participated in the round. The company’s fundraise is part of its preparation to list on the stock market in the next 18-24 months. Currently, it is clocking an annual revenue run rate (ARR) of $130 million.
Oasis Fertility bagged $50 million from Kedara Capital
Healthcare startup Oasis Fertility
raised $50 million in funding from private equity firm Kedaara Capital for a significant minority stake in the company. The round provided an exit to InvAscent, which invested in the company in 2016. It also marked Kedaara’s second investment in the single specialty healthcare segment after ASG Eye Hospitals. Founded in 2009, Oasis has scaled its network of 26 clinics across 16 cities while doubling its revenues in the last three years. The company will use the fresh funds for strategic acquisitions and expansion.
B Capital pumped $20 million into Mojocare
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Sexual health-tech startup Mojocare
raised $20 million in a Series A round led by B Capital Group, the venture capital firm set up by Facebook cofounder Eduardo Saverin and Raj Ganguly. Mojocare helps consumers address issues like reproductive health and fertility, hair care and weight loss through an online platform that includes product sales, consultations with doctors and customised treatment plans. It will use the capital to diversify its product portfolio.
ETtechEnterprise gig startup Awign raised $15 million
Enterprise gig startup Awign
raised $15 million in funding co-led by Bertelsmann India Investments and Amicus Capital Partners. Mynavi Corporation and existing investors like Unitus Ventures, and the Michael & Susan Dell Foundation (MSDF) also participated in the round. The startup plans to use the funds to expand to the US and Middle East markets.
Privado picked up $14 million from Insight Partners and Sequoia
Data privacy startup Privado
raised $14 million in a Series A round co-led by Insight Partners and Sequoia Capital India. Existing investors Together Fund and
Ventures also participated in the round. Founded in 2020 by Jasdeep Cheema, Prashant Mahajan, and Vaibhav Antil, Privado connects with source code management tools like GitHub and provides instant visibility into data flows to privacy teams.
XYXX raised $11 million from Singularity Growth Opportunities Fund
Men’s innerwear brand XYXX Apparels
raised $11 million in a funding round led by Singularity Opportunities Growth Fund. The round also saw a debt infusion of $2 million from Trifecta Capital. Founded in 2017 by Yogesh
, XYXX is a new-age menswear brand that produces and retails products across innerwear, comfort wear, loungewear, activewear and winter wear. It currently retails across 14,000 multi-brand outlets in 100 cities and has an online presence across ecommerce majors such as Amazon, Flipkart, Myntra, and Ajio.
Other Done Deals
■ Artificial intelligence (AI)-led sales pipeline readiness startup
RevSure AI
raised $3.5 million in funding led by Innovation Endeavors, along with angel investors Katrin Ribant, Rick Scanlon and Sharath Keshava Narayana.
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Deconstruct Skincare, a Bengaluru-based startup,
raised $2 million in funding led by Kalaari Capital’s flagship program CXXO and Beenext. Founded in 2021 by Malini Adapureddy, Deconstruct develops skincare products with the help of scientific research. The brand claims to adhere to the motto of “information over impulse” and wants to educate consumers about the ingredients in skincare products.
■ Edtech startup
Jackett
raised $1 million in seed funding led by Forge Ventures, Entrepreneur First and Epic Angels Network. Launched earlier this year, Jackett provides an AI- and machine learning-enabled operating system to teachers for automating time-consuming tasks such as creating, grading and personalising assessments.
