Archive News

04/11/2019

Droom Acquires NBFC Xeraphin To Boost Credit, Auto Loans Vertical

Droom has acquired Xeraphin Finvest in an all-cash deal to strengthen its credit and auto loans business and Delhi-based NBFC was reportedly acquired for an estimated around USD 3 Million by the automobile marketplace
04/11/2019

Neonatal solutions provider Child Health Imprints raises pre-Series A funding

Child Health Imprints a Singapore-based company engaged in neonatal-clinical care, has raised INR 17 crore in a pre-Series A funding round and the round was led by HealthXCapital, a healthcare-focussed investor
01/11/2019

Singapore-based e-commerce platform Qoo10 acquires ShopClues in all-stock deal

Online marketplace ShopClues is being acquired by Singapore-based e-commerce platform Qoo10 in an all-stock deal bringing to an end a prolonged hunt by the Indian e-tailer for a buyer and the transaction is learnt to have valued ShopClues at USD 70-100 millionst
01/11/2019

Keppel Land writes big cheque to coworking firm Smartworks

Singapore-based Keppel Land Ltd, the property arm of business group Keppel Corporation, has invested USD 25 million in co-work space provider Smartworks Coworking Space
01/11/2019

Social experience discovery platform Woovly raises pre-Series A funding

Woovly, an experience discovery platform that enables its users to search and explore ideas, has raised around INR 18 crore in a pre-Series A funding round
01/11/2019

Naukri parent Info Edge picks up stake in test prep platform Adda247

Info Edge (India) Ltd, which owns and operates portals such as job site Naukri.com, has invested around INR 7 crore in Adda247, a test preparation platform for government and public-sector exams
31/10/2019

Bengaluru-Based Enterprise Tech Startup Whatfix Acquires AI Platform Airim

Bengaluru-and San Jose-based enterprise tech startup, Whatfix, announced that it has acquired Airim, a tech company that provides AI-powered personalisation engine for users and customers
31/10/2019

Logistics-tech startup ElasticRun hauls in USD 40 million from Prosus Ventures, others

Logistics and distribution firm ElasticRun has raised USD 40 million in a funding round led by Prosus Ventures, formerly known as Naspers Ventures and existing investors Avataar Ventures and Kalaari Capital also participated in the round
31/10/2019

Impact investor Omnivore bets on agri-tech startup Fasal

Agricultural technology firm Fasal has raised INR 11 crore in its seed round of funding led by impact investor Omnivore and early-stage venture capital firm Wavemaker Partners
31/10/2019

Wealth management app Fisdom pockets USD 11 million cheque from PayU, others

Bengaluru-based Finwizard Technology, which runs wealth management app Fisdom, has raised USD 11 million by selling a minority stake to a bunch of investors.
30/10/2019

Enterprise AI Assistant Fireflies Raises USD 5 Million To Make Phone-Based Office Meetings More Effective

Hyderabad and San Francisco-based startup has raised USD 5 Million in its first funding round led by Canaan Partners
30/10/2019

Shuttl Raises USD 42 Million From Toyota Group, SMBC Trust Bank

Bengaluru-based bus aggregator startup Shuttl has reportedly raised USD 42 Million in a Series C funding round from Toyota Group’s trading arm Tsusho Corporation and SMBC Trust Bank Ltd acting as trustee of Mirai Creation Fund II, among others. With this funding, the company will be valued at USD 213 […]
30/10/2019

Times Internet-owned OTT Platform MX Player To Raise USD 110 Million From Tencent, Others

China-based technology conglomerate, Tencent, is reportedly in talks to lead a USD 110 Million investment round in video-streaming platform MX Player. The over the top (OTT) platform in 2018 was acquired by Times Internet, which also participated in this funding round
30/10/2019

Online hotel booking startup MiStay raises funding from ah! Ventures, others

MiStay Hospitality, which runs online hotel reservations startup, has raised an undisclosed amount from a clutch of investors including the Mumbai-based ah! Ventures
30/10/2019

Binny Bansal leads Series C funding round in restaurant analytics startup Mobikon

Restaurant marketing and analytics platform Mobikon has raised INR 88 crore in its Series C round led by Flipkart co-founder Binny Bansal
25/10/2019

Stellaris, Fosun and others fund Lithius Energy

Lithius Energy, which owns and operates shared mobility platform Loca, has raised an undisclosed amount in its maiden funding round, led by Stellaris Venture Partners, Fosun RZ Capital, and some well-known startup entrepreneurs
25/10/2019

HRTech Startup That Uses Video Games For Job Screenings Gets Funding

HRtech startup Talent Litmus, has announced an undisclosed funding round from Inflection Point Ventures (IPV) and Haptik cofounder Aakrit Vaish Let’s Venture
25/10/2019

Shiksha Financial gets debt funding from Northern Arc, Dutch investor Triodos

Shiksha Financial Services India, a Chennai-based non-banking financial company that focuses on educational loans, has raised INR 30 crore by issuing non-convertible debentures
25/10/2019

Japan’s Credit Saison floats VC fund to invest in India, Southeast Asia

Saison Capital the VC arm, aims to deploy up to USD 55 million through equity investments in early-stage startups
24/10/2019

Fintech Startup Wealthy Bags USD 1 Million From Good Capital, Emphasis Ventures

Wealth management startup Wealthy has raised USD 1 Million fund in a round led by early-stage venture capital firm Good Capital
24/10/2019

Shared Mobility Startup Loca Bags Its First Round of Funding From Stellaris, Fosun, Others

Shared Mobility Startup Loca Bags its first Round of funding From Stellaris, Fosun, Others
24/10/2019

Wellness brand Pee Safe raises Series A funding from Alkemi

Health and wellness brand Pee Safe has raised INR 30 crore in its Series A funding round led by Alkemi Growth Capital
23/10/2019

SaaS startup Crediwatch raises around USD 3 Million from VC firm Artis Labs

Bengaluru-based Software as a Service company, Crediwatch, has raised around USD 3 million from San Francisco Bay Area-based venture capital company Artis Labs
23/10/2019

Stage3 raises USD 2 Million in a pre-Series A funding round

Delhi-based fashion-rental and styling platform Stage3 has raised USD 2 million in a Pre-Series A funding round.The round was led by Blume Ventures
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