Archive News

29/07/2021

Mortgage finance startup Easy raises USD 15 million in funding

Mumbai-based mortgage tech startup Easy, has raised USD 15 million as part of a Series-A funding round which was led by private equity firm Xponentia Capital Partners. Existing investors Harbourfront Capital, Finsight VC, RaSa Future Fund, among others participated in the round.
29/07/2021

Minimalist raises INR 110 Crore Series A round led by Sequoia Capital

Minimalist, the new-age homegrown skincare brand, has raised Series A funding of INR 110 crore, led by Sequoia Capital India, with participation from Unilever Ventures.
29/07/2021

AI startup Blaize raises USD 71M in Series D led by Franklin Templeton and Temasek

AI computing innovator edge and automotive computing solutions Blaize, has raised USD 71 million Series D round of funding. Franklin Templeton, and Temasek, an existing investor, led the round, along with participation from DENSO and other new and existing investors.
29/07/2021

Edtech startup L4o.in raises undisclosed sum led by IAN

L4o.in, an ed-tech platform in vernacular languages ensuring employability and enabling learners to become job-ready, has raised an undisclosed amount in seed funding. The round was led by IAN, with participation from other angel investors.
29/07/2021

Construction tech startup Bandhoo raises USD 1.1 Million led by Unitus Ventures

Bandhoo, a startup focused on the construction sector, has raised USD 1.1 million in funding from Unitus Ventures, with participation from Bharat Innovation Fund and other angel investors. This venture is a digital job tech platform that enables the real estate industry to source a workforce.
29/07/2021

Gupshup closes USD 240-million secondary round, plans US IPO next year

Gupshup, a conversational messaging platform, has raised USD 240 million from Tiger Global and Fidelity in a secondary transaction ahead of a potential initial public offering (IPO) in the US next year. Gupshup will use its existing funds to explore acquisition opportunities to fill existing product gaps in its portfolio, […]
29/07/2021

Freshworks, Eka Founders Launches USD 85 Million Founder-First Fund For SaaS Startups

The founders of Freshworks and Eka Software and former executives of Matrix Partners and Accel have launched Together Fund, a venture capital vehicle with an initial corpus of USD 85 million. The fund will invest in seed, pre-Series A, and Series A rounds with backing ranging from USD 250,000 to […]
29/07/2021

Weather Startup Skymet Weather Raises INR 12 Crore Debt Funding

Weather forecasting and agriculture risk solutions company Skymet, has raised INR 12 crore debt fund from Northern Arc and Caspian Impact Investments, venture debt investment fund.
29/07/2021

AR-based Social Media Networking Company Flam Raises USD 3.5 Million In Seed funding

Flam, an augmented reality-based social media networking company, has raised USD 3.5 million led by Silicon Valley Quad and Inventus Capital Partners SV, 9Unicorns, Kwaish Ventures. Several angel investors also participated in the round.
29/07/2021

SaaS Startup Loopin Raises Seed Funding Led by Venture Highway

Saas startup Loopin, a calendar-based productivity platform, has raised USD 820,000 in Seed funding led by Venture Highway. Other investors include First Cheque and a few angel investors.
29/07/2021

Fitness Startup Insane AI Raises USd 873K In Seed Round Led By pi Ventures

Insane AI, an artificial intelligence-powered fitness training app, has raised USD 873,000 in Seed funding. Leading the round is pi Ventures, an early-stage venture capital fund that backs deep-tech startups, along with a clutch of angel investors.
29/07/2021

Automobile marketplace Droom gets pre-IPO funding at USD 1.2 billion valuation

Droom Technology Private Ltd., a marketplace for used cars, bikes and other mobility products, has received an undisclosed first tranche of its USD 200-million, pre-IPO funding round at a valuation of USD 1.2 billion, making the online automobile marketplace the latest entrant into the coveted unicorn club. Existing and new […]
29/07/2021

Sequoia Capital leads funding in healthy food brand The Whole Truth

Healthy food brand The Whole Truth, has raised INR 43 crore in a Series A funding round led by Sequoia Capital India. The round also saw existing investors Matrix Partners India and Sauce.Vc, and few angels.
28/07/2021

Test Prep Startup Edukemy Backed By Auxano And Falcon5

Edtech platform Edukemy has raised USD 2 Million in Pre–Series A funding round led by Auxano, Falcon5 and other angels.These funds will be used to further strengthen its position by building a test prep platform for multiple competitive examinations, as well as to build the team and scale the product
28/07/2021

Freightify Eyes Global Expansion With New Fundraise

Logistics tech startup Freightify has secured USD 2.5 Mn in its Pre-Series A funding round led by Nordic Eye Venture Capital, with participation from Tradeworks VC, Venture Catalysts, 9Unicorns and Blume Ventures through the VC’s Founders Fund. Existing investor Vinod Kumar Talreja also participated in the round
28/07/2021

WaterBridge Ventures And Lumikai Fund Back Creator Led Live Social Gaming Platform EloElo

Live social gaming platform EloElo has raised a pre-series A round of USD 2 Million co-led by Waterbridge Ventures and Lumikai Fund. Better Capital and talent management firm Exceed Entertainment also participated in the round.
28/07/2021

Unacademy taps into game streaming with Rheo TV acquisition

Unacademy has acquired Rheo TV, a platform that helps professional game streamers livestream their gameplays and monetise those feeds. As part of the deal, Bengaluru based Unacademy will fully acquire Rheo TV and enable the exit of all existing investors. Financial details of the deal were not disclosed
28/07/2021

Zingbus raises USD 6 Million in funding round led by Infoedge ventures

Intercity-mobility startup Zingbus has raised USD 6 million in a pre-Series A round led by Infoedge Ventures. The round was led by Funders Club, Pioneer fund, Anim Fund (Founders Fund Scout), Locus Ventures, and Liquid 2 Ventures. Existing investors Advantedge Technology Fund, 9Unicorns, and Venture Catalyst also invested
28/07/2021

Teen-focused fintech startup Pencilton raises fresh funding for product enhancement, management and launch of upgraded products

Hyderabad-based fintech startup Pencilton has raised USD 330,000 in a pre-seed round led by Jupiter. The round also saw Nilesh Patel and Prashant Singh, Ashish Sharma, Abhishek Goyal, Himanshu Sharma, Kunal Sinha, Vignesh Ramanujam and angel investor Tirumalareddy Karri.
28/07/2021

Vans Investment led funding round in Our Better Planet

Vans Investment, a family office led by Dr Srinivas Chunduru, has invested in Our Better Planet, a platform for ethically sourced products.The investment is part of Our Better Planet’s USD 300,000 round
28/07/2021

Axio Biosolutions raises funding to expand in the US and EU as well as strengthen India operations

Bengaluru-based medtech company Axio Biosolutions has raised USD 6 million in a Series B2 round led by TrueScale Capital with participation from existing investors Omidyar Network India, University of California–Ratan Tata Fund, and Accel.
28/07/2021

Immensitas raises funding led by Artha Venture Fund

Data-automation platform Immensitas has raised USD 847,000 in a pre-Series A funding round led by Artha Venture Fund. The round also saw participation from Ramakant Sharma’s LogX Ventures
28/07/2021

Media processing company Gumlet raises funding led by Sequoia’s Surge

Singapore-based software-as-a-service (SaaS) firm Gumlet has raised INR 12 crores in a funding round led by Sequoia Capital’s Surge. The round also saw angel investors Aakrit Vaish, Mitten Sampat, Swapan Rajdev and Yash Kothari
27/07/2021

Veera Health raises USD 3 million from Sequoia Surge, others

Veera Health, a digital health platform for women, has raised USD 3 million in a funding round co-led by Sequoia Capital India’s Surge and Global Founders Capital, along with the participation of Y Combinator, CloudNine Hospitals’ co-founder Rohit M.A. and Tinder India head Taru Kapoor.
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