The funds will be deployed to enhance Misfits' mobile platform, making it easier for users to join, create, and grow clubs. The startup also plans to expand its presence in more cities across urban India.
This week saw several startups secure crucial funding to scale their operations and expand market reach. From AI-driven research solutions to commercial EV financing, here are the standout funding deals of the week.
The round was led by Info Edge Ventures, with participation from Orios, 100 Unicorns, VC Grid, family offices like Dholakia Ventures, Real Ispat, and angel investors Subhrakant Panda, Ankur Warikoo, and Kedar Lele.