Archive News

05/11/2020

Avaana Capital, Rebright Partners invest in poultry-focussed Eggoz

Nupa Technologies Pvt. Ltd, which operates agricultural-technology and poultry farming startup Eggoz, has raised USD 1.5 million in fresh capital from new investors. The funding was raised from Avaana Capital, a mid-market private equity firm floated by former TPG executive Anjali Bansal, and venture capital firm Rebright Partners.
04/11/2020

Unicorn India Ventures bets on insurance-tech startup Fedo

Fedo Health Technologies Pvt Ltd, an insurance-technology startup focussed on automating processes in the health and life insurance segments, has raised USD 1 million in a pre-Series A funding round led by Unicorn India Ventures. Other participants in this round include the SEA Fund and former Max Bupa managing director […]
04/11/2020

IAN Fund leads pre-Series A funding in reverse logistics firm Bizlog

Bizlog, a reverse logistics solutions provider, has raised INR 12 crore in a pre-Series A funding round led by IAN Fund, the debut fund of the Indian Angel Network (IAN).
04/11/2020

Snapdeal founders, others invest in social gaming platform Tamasha

Gamepe Technologies Pvt Ltd, which operates influencer-led live social gaming platform Tamasha.live, has raised INR 2.5 crore in a seed funding round from 9Unicorns, Titan Capital and First Cheque. Other participants in this round include PointOne Capital and angels.
04/11/2020

Greycroft leads Series A funding in HR-tech startup Leena AI

Leena AI, a human resources technology startup, has raised USD 8 million in a Series A funding round led by venture capital firm Greycroft Partners.
03/11/2020

Rivigo kicks off Series G round with INR 84.4 Crore tranche from Elevation Capital

Surface logistics company Rivigo has secured INR 84.4 crore in its Series G funding round from the existing backer Elevation Capital (formerly SAIF Partners).
03/11/2020

Edtech Startup Expertrons Raises Funding From IvyCap Ventures, Plans Big Tech Push

Mumbai-based edtech startup Expertrons has raised an undisclosed amount from venture capital fund IvyCap Ventures. The round saw participation from the startup’s existing investors such as Iceland Venture Studio and Sarcha Advisors.
02/11/2020

Procter & Gamble announces a INR 400 Crore ‘India Growth Fund’ for innovation

Procter & Gamble (P&G), announced a INR 400 crore ‘India Growth Fund,’ which will focus on innovations and technology, keeping in line with the Indian government’s vision to make an Aatmanirbhar Bharat by driving inclusive growth in India through external partnerships. The fund is part of P&G India’s ‘vGROW’ programme […]
02/11/2020

Sequoia Surge leads Series A round in employee management startup PagarBook

Employee management app PagarBook, owned and operated by Bengaluru-based Gyankaar Technologies, has raised around USD 7 million in its Series A funding round led by existing backer Sequoia Surge.
02/11/2020

Snapdeal founders, others invest in bad loans recovery-focussed Credgenics

Analog Legalhub Tech Solutions Pvt Ltd, which operates bad loans recovery-focussed platform Credgenics, has raised INR 24.8 crore in a seed funding round from investors including Titan Capital. Other participants in the round include DMI Alternatives Fund, QED Innovation Labs, Breadlake Ventures and Blue Wolf Capital Ltd.
02/11/2020

Chiratae leads Series A funding in marketing cloud startup Pyxis

PyxisPM Inc, which operates artificial intelligence (AI)-based marketing cloud startup Pyxis, says it has raised USD 7 million in a Series A funding round led by Chiratae Ventures, with participation from Pi Ventures and Exfinity Venture Partners.
30/10/2020

B2B grocery ecommerce startup Peel-Works raises USD 3 Million from Black Soil, others

Peel-Works Pvt Ltd, a Mumbai-headquartered B2B grocery ecommerce company that operates the retail management platform, Taikee, has raised venture debt of around USD 1 million from BlackSoil Capital. The company has also secured working capital to the tune of USD 2 million from others, including key suppliers.
30/10/2020

Fertility tech startup Janani raises INR 1.5 Crore in pre-seed round led by 9Unicorns

Bengaluru-based fertility care provider Janani announced that it has raised INR 1.5 crore pre-seed investment led by India’s first idea-phase accelerator VC fund 9Unicorns. Other investors including Archana Priyadarshini and Sweta Rau led the round in AngelList.
30/10/2020

Yuvraj Singh invests in nutrition Healthcare startup Wellversed

Full-stack nutrition brand Wellversed, has raised an undisclosed amount in its Pre-Series A funding round led by cricketer and serial entrepreneur, Yuvraj Singh. According to a statement by the company, the healthcare startup is valued at nearly INR 100 crore with the latest funding round.
29/10/2020

Teachmint raises USD 3.5 Million from Lightspeed India, existing investors

Teachmint, the live online teaching platform, has raised USD 3.5 million seed funding led by Lightspeed India. Existing investors Better Capital and Titan Capital also participated in this funding round.
29/10/2020

NBFC Finova Capital raises USD 55 Million led by Sequoia Capital India, Faering Capital

Finova Capital, a Jaipur-based non-banking financial company, has raised USD 35 million from Sequoia Capital India and Faering Capital, and an additional USD 20 million from various lenders.
29/10/2020

CredAble secures USD 4.5 Million in a follow-on round from Oaks Asset Management, and more

CredAble, a Mumbai-based fintech startup focused on the supply chain finance segment, has raised USD 4.5 million in a follow-on funding round from its existing investors Oaks Asset Management and V’Ocean Investment.
29/10/2020

Agritech startup Agrix raises undisclosed amount led by Maple Capital Advisors

Agrix Agrotech a Patna-based precision and digital farming startup, has raised an undisclosed fund from various investors, including Maple Capital Advisors.
29/10/2020

FlexiLoans raises INR 150 Crore in debt and equity financing

Digital SME lending platform FlexiLoans, has raised INR 150 crore in a mix of equity and debt lines from multiple investors, with the Falguni and Sanjay Nayar Family Office leading the fund infusion.
29/10/2020

Binny Bansal-backed 021 Capital, India Quotient invest in BharatAgri

Agri-tech startup BharatAgri has raised an undisclosed pre-Series A funding round from Binny Bansal-backed venture capital firm 021 Capital and existing investor India Quotient.The funding round also saw the participation of two other existing investors Better Capital and Ajay Prabhu, operations chief of Quest Global.
29/10/2020

Freshokartz raises pre-Series A funding from Rajasthan VC Fund, others

FreshoKartz Agri Products Pvt Ltd, which operates data insights and input-sales agricultural-technology firm Freshokartz, has raised USD 1.4 million in a pre-Series A funding from investors including Rajasthan Venture Capital Fund (RVCF) and Achieving Women’s Equity (AWE) Funds.
29/10/2020

Chiratae-backed Railofy gets new investors in extended seed funding round

Rodeo Travel Technologies Pvt. Ltd, which offers online ticket booking services through its Railofy app, has extended its seed funding round by raising INR 4 crore from Roots Ventures, Astarc Ventures and Better Capital.This takes the total capital raised by the company in the seed round to INR 11 crore.
28/10/2020

B2B retail tech startup Arzooo raises USD 7.5 Million in Series A led by US-based WRVI Capital

Bangaluru-based B2B Retail-tech firm Arzooo, has raised USD 7.5 million in Series A funding led by WRVI Capital. Existing investors 3Lines Venture Capital, a US-based investor, and Jabbar Internet of UAE also participated in the current round.
28/10/2020

Online meat startup FreshToHome raises USD 121 Million in Series C led by IDC

FreshToHome, the Bengaluru-based online fish and meat ecommerce startup, raised USD 121 million in Series-C funding led by Investment Corporation of Dubai (ICD). Other investors, including Investcorp, Ascent Capital, DFC, Iron Pillar and the Allana Group also participated in the round.
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