Engineering analytics platform Hatica has raised $3.7 million in its seed funding round led by Sequoia Capital India’s accelerator programme Surge.
The financing included participation from existing investor Kae Capital; tech leaders such as Google, Uber, Twitter, Okta, and Notion; and angel investors including Akshay Kothari, Apurva Dalal, Ashutosh Agrawal, Gaurav Lahoti, Punit Soni, Peeyush Ranjan and Pratyus Patnaik, the startup said in a statement.
Founded in 2020 by ex-Uber engineers Naomi Chopra and Haritabh Singh, Hatica equips engineering teams with software development analytics, alongside team productivity and workflow insights, to help them drive engineering productivity and alignment.
“Developers are depending on more and more tools to get their work done, while engineering costs are burgeoning, making developer experience and productivity a critical problem to solve for organisations globally. With Hatica, we’ve embarked on a mission to equip engineering leaders with crucial and actionable insights to help them build effective and happy engineering teams,” said Chopra, co-founder and CEO of Hatica.
“We’ll be utilising the fresh funds to double down on hiring and expand the Hatica team globally to fuel our next phase of growth,” Chopra said.
INDIA DEAL MONITOR
Here are the prominent venture capital transactions in India announced from February 8-10, 2022.
| Startup | Headquarter | Investment Size (USD) | Investment Stage | Lead Investor(s) | Other Investor(s) | Industry | Verticals |
|---|---|---|---|---|---|---|---|
| Hatica | Gurugram | 3,700,000 | Seed | Surge—Sequoia Capital India | Kae Capital, leaders from Google, Uber, Twitter, Okta, and Notion, Akshay Kothari, Apurva Dalal, Ashutosh Agrawal, Gaurav Lahoti, Punit Soni, Peeyush Ranjan, Pratyus Patnaik | Software | SaaS |
| Turno | Bengaluru | 13,800,000 | Series A | B Capital, Quona Capital | Stellaris Venture Partners, Avaana Capital, Alteria Capital, InnoVen Capital | Financial Services | Fintech |
| Bluelearn | Bengaluru | 3,500,000 | Seed | Elevation Capital, Lightspeed | Titan Capital, 2am VC, Vidit Aatrey and Sanjeev Barnwal (founders of Meesho), Awais Ahmed (Founder of Pixxel), Vivek Mohan (Private equity) | Education/Training | Edtech |
| Magma | Ahemdabad | 3,300,000 | Seed | General Catalyst | Accion Venture Lab, Titan Capital | Construction | – |
| PadCare Labs | Pune | 604,594 | Seed | Social Alpha, Lavni Ventures, 3i Partners, Rainmatter, Spectrum Impact | – | Environmental Services | Beauty & Hygiene |
| TapOnn Digital | Indore | 181,378 | Seed | Wita Inc | – | Marketing/Advertising | Social Media |
| Zypp Electric | Gurugram | 25,000,000 | Series B | Gogoro | Goodyear Ventures, 9Unicorns, WFC, Venture Catalysts, LetsVenture, IAN, IVY Growth, Grip, IIX | Logistics/Distribution | Electric/Hybrid Vehicles |
| Intents Mobi | Gurugram | 181,775 | Bridge | The BarberShop with Shantanu – Raiser’s Edge | – | Information Services | AI and machine learning |
| TheRollNumber | Hyderabad | 156,000 | Seed | Inflection Point Ventures | Munish Bhatia (Rudraksh Ventures), Mona Singh and Neeti Malhotra (India Accelerator) | IT Security/Cybersecurity | blockchain |
| Acceldata | Bengaluru | 50,000,000 | Series C | March Capital | Sanabil Investments, Industry Ventures, Insight Partners | Software | Big Data |
| Eume Lifestyle | Mumbai | – | Seed | Mumbai Angels, JITO Angel Network, Lead Angels | – | Retail | E-commerce |