Koparo raises USD 1.5 million in Pre-Series A round

Piper Serica closes Rs 100 cr angel fund Piper Serica Angel Fund, which invests in tech-based startups, has crossed its target corpus of Rs 100 crore and will now be exercising the green-shoe option of Rs 25 crore.Since its inception in October 2022, the fund has identified and capitalised on promising investment opportunities and made 12 investments, with an additional four undergoing due diligence, the fund said in a statement.

Koparo, a home and personal hygiene D2C brand, on Tuesday announced to raise USD 1.5 million (about 12.38 crore) in a Pre Series A round led by Saama Capital.

The co-investors are Fluid Ventures and Singapore-based M Venture Partners, along with some angel investors.

''The funds raised to be used for offline launch, brand building and product innovation,'' a statement from Koparo said.

Koparo offers a portfolio of over 15 products and 30-plus SKUs across core cleaning, speciality cleaning and accessories.

It has experienced remarkable growth in the past 12 months, with revenues growing 10X since its last funding round. *** Piper Serica closes Rs 100 cr angel fund * Piper Serica Angel Fund, which invests in tech-based startups, has crossed its target corpus of Rs 100 crore and will now be exercising the green-shoe option of Rs 25 crore.

Since its inception in October 2022, the fund has identified and capitalised on promising investment opportunities and made 12 investments, with an additional four undergoing due diligence, the fund said in a statement. *** Togai raises USD 3.1 mn * Togai, a B2B SaaS metering and pricing platform, has raised USD 3.1 million (over Rs 25 crore) in a funding round, led by Together Fund.

The seed round also saw participation from other investors like Boldcap, Core91, and angel investors like Prasanna Shankar of Rippling.

The fund will be used for product development and expanding into new geographies, the startup said.

Togai crafts monetisation tools for dynamic billing and pricing landscape, thus empowering businesses to make instant and customised changes to pricing.

*** D2C home cleaning brand Koparo raises USD 1.5 mn * Koparo, a sustainable home and personal hygiene D2C brand, has raised USD 1.5 million (about Rs 12.38 crore) in a funding round led by Saama Capital.

The pre-series A round saw participation from Fluid Ventures and M Venture Partners and angels like Rajesh Sawhney of GSF Accelerator, Sridhar Sankararaman of Multiples PE, and Ramesh Menon of Hypercity and existing investors DSG Consumer Partners.

Funds raised will be deployed to build offline presence, invest in brand building, and drive product innovation, the startup said.

*** General Diagnostics raises USD 10.5 mn * General Diagnostics International (GD), a Mumbai-based diagnostics firm offering both routine and high-end diagnostics tests, on Tuesday said it has raised USD 10.5 million (about Rs 86.65 crore) from private equity firm InvAscent. The funding will be used to further enhance GD's technological capabilities and build in-house logistical solutions for fast movement of biological samples, it said in a statement.

The company will also use the funds to expand its network of laboratories across the country, it added.