Archive News

27/01/2023

Online Scheduling Firm Appointy Acquires AI Healthtech Startup Zyoga

Online scheduling software provider firm Appointy has acquired fitness startup Zyoga for an undisclosed amount. The acquisition will enable Appointy to expand its team and foray into the fitness space. As part of the deal, Zyoga’s founders Amitesh Mishra and Vibhu Tripathi will join Appointy
27/01/2023

Velocity Invests In D2C Fashion Brand D’chica

Direct-to-consumer fashion brand D’chica has raised INR 1.62 Cr from revenue-based financier Velocity. The Delhi based startup will deploy the fresh capital for hiring and marketing. D’chica was founded by Vani Chugh Kabra and Richa Kapila in 2019 with its core products innerwear along with a fashion line of sportswear, […]
25/01/2023

Info Edge Increases Stake In Agritech Startup Gramophone With INR 9 Cr Investment

Delhi NCR-based fund Info Edge has increased its stake in Indore-based agritech startup Gramophone with a fresh round of investment of INR 9.3 Cr. Following this investment, Info Edge will own 32.89% stake in Gramophone on a fully converted and diluted basis
25/01/2023

Studio Sirah Raises Funding From Kalaari Capital For Global Launch Of Its Flagship Game

Bengaluru-based gaming starup Studio Sirah has raised USD 2.6 Million in its pre-series A funding round led by Kalaari Capital and existing investor Lumikai. Studio Sirah will utilise the fresh funds to launch its flagship game ‘Kurukshetra: Ascension’ globally by June 2023.
25/01/2023

Rigi Raises INR 100 Cr Funding From Elevation Capital, MS Dhoni, Others

Rigi, a platform for content creators to monetise their communities has raised INR 100 Cr in a funding round led by venture capital firm Elevation Capital. The round also saw participation from Accel, Stellaris, Sequoia Capital, and angel investors such as Mahendra Singh Dhoni, CRED’s Kunal Shah, among others.
25/01/2023

Omidyar Backs Enterprise Solutions Provider PrivaSapien

Enterprise solutions provider PrivaSapien Technologies has secured seed funding of USD 1 Million from Omidyar Network. The Bengaluru-based company will deploy the fresh proceeds for research and product development as well as to expand its geographical footprint.
25/01/2023

Existing Investors Infuse Fresh Funds Into WhizHack

Cybersecurity startup WhizHack has secured pre-Series A funding of USD 3 Million from its existing investors Vedswasti Holdings and SAA Capital that valued the company at USD 40 Million. The fresh proceeds will be deployed for product development, geographical expansion and building centre of excellence in IIT Jodhpur and National […]
24/01/2023

Ecozen Snags USD 25 Million In Series C Round

Ecozen Solutions Pvt Ltd has raised USD 25 Million in a Series C funding round led by Nuveen Global Fund and Dare Ventures, the venture capital arm of Coromandel International. The fundraise also saw participation from Export-Import Bank of India (Exim Bank), as well as existing investors Caspian and Hivos-Triodos […]
24/01/2023

Proptech Firm Landeed Raises USD 8.3 Million In Seed Round

Landeed has secured seed funding of USD 8.3 Million co-led by Draper Associates, Y Combinator and Bayhouse Capital. The round also saw participation from other investors including Paradigm Shift VC, Salarpuria Sattva, 10x founders fund, Capital X, Olive Tree and Stonks fund. Landeed will use the fresh funds for hiring […]
24/01/2023

Traveltech Firm OnArrival Taps Antler India

OnArrival has raised pre-seed funding of USD 175,000 from Antler India. The fresh funds will be deployed for hiring across sales and technology teams.
23/01/2023

FuelBuddy raises USD 20 Million in a round led by Jindal Steel and Power

FuelBuddy has raised USD 20 Million in a round led by Jindal Steel and Power Limited, RJ Corp, and Nilesh Ved (Chairman of Apparel Group, UAE) through a special purpose vehicle. The startup will use the capital to expand its presence in India as well as international markets such as […]
23/01/2023

JCBL India Backs Edtech Firm Upsurge

Surgeup Technologies Pvt Ltd has secured pre-seed funding of USD 370,000 from venture capital firm JCBL India. Surgeup Technologies plans to use the fresh funds for product development and geographical expansion.
23/01/2023

Symphony International Writes USD 20 Million Cheque To Isprava

Isprava Group has raised USD 20 Million from Asia-focused investment firm Symphony International Holdings Ltd. The funds will be used for expansion of footprint of Isprava, which develops luxury second homes in non-urban locations, and Lohono Stays, which offers luxury homestay rentals, in India and overseas markets.
23/01/2023

Deeptech Firm Myelin Snags USD 3 Million In Visteon-Led Round

Myelin Foundry Pvt. Ltd has secured Series A funding of USD 3 Million led by US-based automotive supplier Visteon Corporation. The round also saw participation from Endiya Partners, Beyond Next Ventures and Pratithi Investment Trust. Myelin will use the fresh funds to expand its global footprint. So far, it has […]
23/01/2023

Log9 Raises USD 40 Million In Series B

Log9 has raised USD 40 Million in its Series B funding round in a mix of equity and debt, led by Amara Raja Batteries Ltd and Petronas Ventures. Other new investors, Incred Financial Services Private Ltd., Unity Small Finance Bank, Oxyzo Financial Services Private Ltd. and Western Capital Advisors Private […]
23/01/2023

FuelBuddy Fetches Fresh Funding, Eyes International Expansion

FuelBuddy has raised USD 20 Million in its latest funding round led by global conglomerates Naveen Jindal Group, Ravi Jaipuria Group (RJ Corp) and Nilesh Ved (Apparel Group, UAE). FuelBuddy plans to expand in India as well as in overseas markets such as the MENA (Middle East and North Africa) […]
20/01/2023

Piper Serica Raises INR 75 Cr For Its Angel Fund To Invest In Early-Stage Tech Startups

Piper Serica Advisors has raised INR 75 Cr for its angel fund to invest in early-stage tech startups. However, it did not disclose the name of the investors. The INR 100 Cr angel fund was launched last year and aims to raise the remaining INR 25 Cr in next two […]
20/01/2023

Healthtech Firm Breath Well-Being Raises USD 6 Million In Pre-Series B Round

Breath Well-being has secured pre-Series B funding of USD 6 Million co-led by existing investors 3one4 Capital, Accel and General Catalyst. The round also saw participation from Founder Bank Capital and Supermorpheus. Breath Well-being will deploy the fresh funds for hiring, developing tech stack and boosting its coaching academy.
19/01/2023

Avanse Financial Services raises INR 800 Cr from Kedaara Capital

Avanse Financial raised INR 800 Cr from private equity firm Kedaara Capital to drive its future growth. The funds will be deployed to expand its presence and outreach to a larger number of Indian students.
19/01/2023

Sundaram Alternates raises INR 205 Cr through debut corporate credit fund

Sundaram Alternate Assets Ltd has announced the first close of its debut corporate credit fund at INR 205 Cr. The fund will invest via high-yielding debentures and mezzanine securities in a portfolio of companies across MSME, fintech, manufacturing, and services.
19/01/2023

VC Firm 3one4 Capital Exits Edtech Startup Toddle With Over 6X Return

3one4 Capital, which invested around USD 200-250 K in Toddle’s seed funding round in 2020, announced its exit with a 6.6X return on its investment after the startup bagged USD 17 Million in its Series A funding round led by Sequoia Capital India.
19/01/2023

Women-Focussed Fitness Firm SocialBoat Raises Funding

SocialBoat has raised USD 200,000 in an angel funding round led by Plan B Capital. The round also saw participation from Abhijit Kane (Postman), Videt Jaiswal (Airblack), Bhuvan Gupta (OfBusiness) and Prateek Sharma (AheadVC), among others. The Gurugram-based startup will deploy the fresh proceeds to scale up its tech platform […]
19/01/2023

Fintech Startup MProfit Raises Fresh Funding

MProfit has raised around USD 2 Million in its first ever funding round. The round saw participation from Zerodha’s Rainmatter, Enam Holdings, Gruhas Proptech, Auxano Capital and Samarthya Investment Advisors. MProfit’s proprietary tech significantly reduces manual effort in portfolio management for investors, family offices, financial advisors and chartered accountants.
19/01/2023

PhonePe Raises Fresh Funding At USD 12 Billion Valuation

PhonePe has raised USD 350 Million in funding from global growth equity firm General Atlantic at a pre-money valuation of USD 12 Billion. The investment is the first tranche of the company’s latest fundraising that could see marquee Global and Indian investors investing up to USD 1 Billion in one […]
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