Beej Daily Updates (22-08-2023)

Women's wellness brand Inaari raises Rs 4Cr Funding

Inaari, a women's wellness brand, has successfully secured Rs 4 crore in funding. This achievement underscores the recognition and support the startup has gained for its mission to bridge the gap in women's health support. Through its carefully designed product range, Inaari addresses women's well-being at every critical life stage, spanning from puberty to menopause. This funding injection will likely fuel Inaari's growth, enabling them to expand their offerings and reach a wider audience. By catering to the unique needs of women, Inaari is poised to make a significant and positive impact on women's health and overall wellness.

XFlow Raises Over $10 Mn In Pre-Series A Round

XFlow, a financial services and infrastructure firm that simplifies the cross-border payments experience for businesses, has raised $10.2 million in a pre-series A round. As per the startup, the freshly raised funds will be deployed towards expanding the product capabilities to support more currencies and local payment methods as well as a growing business in India.

Edtech Startup uFaber Raises Rs 25 Cr In Series A Round

uFaber, an edtech startup, has secured $3.02 million (Rs 25 crore) in a Series A funding round. As per the startup, the freshly raised funds will be used for expanding operations, including increased system capacity, improved technology, and a larger team and It aims to enroll over 1 lakh students with more than 5000 trainers onboarded by 2024.

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