[Funding roundup] Driffle, On2Cook, Symbio Generics raise capital

Driffle raises seed capital led by BEENEXT

Delaware and Bangalore-based digital gaming marketplace Driffle has raised $3.4 million in a seed round led by NEXT STATUS. Other investors in the round include JAFCO Asia, Taurus Ventures, better capitaland White Venture Capital.

Angel investors Kunal Shah, Maninder Gulati, Amit Damani, Archana Priyadarshani and Arun Venkatachalam also participated in the round.

Founded in 2021 by Chetan Bharadwaj, Gaurav Kumar Jha, Mayank Chawla and Abhishek Kumar, Driffle offers a seamless experience for gamers who want to buy games. Games are delivered in less than 10 seconds by providing an email address and paying with local currencies. The platform also sells digital gift cards and game points, in addition to games.

On2Cook earns Rs 17 Cr

Ahmedabad-based kitchen appliance manufacturer On2Cook has announced raising Rs 17 crore ($2 million) from a group of angel investors led by Dr. Mayur Desai, who invested Rs 16 crore in the company, and Nirbhay Gandhi, who invested Rs 1 million.

Founded in 2022 by Sanandan Sudhhir, On2Cook is a cooking device that combines induction or flame and microwave to make the process efficient. The product claims to help home and commercial kitchens save up to 70% time and 50% energy. The voice-enabled, AI-based smart device initially made its mark at the grand final of Shark tank India. He has patents in India, the US and the UK.

Symbio Generics raises funds from Ascent Capital

Symbio Generics India Private Limited has announced the raising of an undisclosed amount of capital from growth capital fund, Ascent Capital.

The company plans to use the funds to make strategic acquisitions, establish research and development facilities and increase manufacturing capacity. It is in the process of acquiring new manufacturing capacity in addition to its manufacturing plant for Dobbaspet.

Founded in 2010 by Salim Shaikh and Abhijit Kale, as well as Akash Puranik, Symbio began as a sales and marketing organization and has now grown into a vertically integrated manufacturer of specialty APIs.