Online payments, commerce and lending platform for small businesses Instamojo Technologies Pvt. Ltd said it has raised USD 7 million in a Series B funding round, led by existing investor AnyPay.
Drums Food International Pvt Ltd has raised INR 182 crore in a Series C round led by Belgium’s Verlinvest and the venture investment arm of French food giant Danone.
Bengaluru-based ITILITE Technologies Pvt Ltd, which provides a software-as-a-service platform to companies for managing their travel requirements, has raised Rs 30 crore in a Series A funding round from existing investor Matrix Partners India and others.
Microsoft’s corporate venture fund, M12, has backed health-tech startup Innovaccer in its first India investment.
Insurance distribution company Turtlemint has raised USD 25 million in a Series-B round of funding, led by Sequoia India along with participation from existing investors Blume Ventures and Nexus Venture Partners.