Archive News


Muthoot Microfin CEO writes Series A cheque to microlender Mitrata

Women-focussed microlender Mitrata Inclusive Financial Services has raised Series A funding from a clutch of individual investors including Sadaf Sayeed, chief executive officer at Muthoot Microfin

Urban Ladder gets more money from existing investors

Bengaluru-based omnichannel furniture retailer Urban Ladder Home Décor Solutions has secured INR 15 crore as fresh capital from a few existing investors SAIF Partners, Sequoia Capital and Steadview Capital

JAFCO, InMobi founder back kids’ transport platform PiggyRide

PiggyRide, which provides a transport platform for kids, has raised USD 1 million in a funding round led by JAFCO Investment Asia Pacific

NoBroker Bags USD 10 Million Funding From General Atlantic

Rental ecommerce Nobroker has raised USD 10 Million in fresh funding from Singapore-based investment firm General Atlantic

With Pre-Seed Funding Vernacular Podcast Platform Kuku FM Takes On Music Streaming Giants

Kuku FM has raised an undisclosed amount from 3one4 Capital, Shunwei Capital and India Quotient

Cybersecurity startup SafeHouse Technologies secures funding from Barclays Ventures

SafeHouse Technologies, a startup focussed on mobile-first cybersecurity, has raised around INR 16 crore in a seed funding round led by Barclays UK Ventures, the venture capital business unit of British multinational financial services group Barclays

Hoopy raises funds from Lead Angels, Venture Farmer

Bangalore-based vehicle maintenance startup Hoopy has raised an undisclosed amount in its recent round of fundraise from Bangalore-based family office Venture Farmer and Lead Angels Network. Venture Farmer’s contribution was advised by CreedCap Asia

Times Internet invests USD 7 million in test-prep platform Gradeup

Exam preparation platform Gradeup, operated by Grade Stack Learning, has raised USD 7 million in Series A funding round from Times Internet Ltd (TIL), a subsidiary of media house Bennett Coleman

Venture Catalysts invests in deep-tech computer vision startup peAR Technologies

Venture Catalysts, a Mumbai-based incubation platform, has invested an undisclosed sum of money in peAR Technologies, a deep-tech and artificial intelligence-focussed startup

Sixth Sense Ventures founder leads seed funding in ed-tech startup ENpower

ENpower, which provides entrepreneurship learning programmes for school children, has raised USD 377,500 in a seed round of funding led by Nikhil Vora, founder and CEO of Sixth Sense Ventures, a consumer-centric venture fund

USD 24 million funding takes Amica pre launch valuation to USD 70 million

Amica Financial Technologies, an upcoming digital retail bank founded by Citrus Pay cofounder Jitendra Gupta, has received $24 million in its maiden funding round and the funding is backed by a list of institutional investors including Greyhound Capital, 3One4 Capital, Germany’s Rocket Internet, venture capital funds Matrix Partners and Sequoia […]

Hyperlocal News Startup Lokal Bags USD 3 Million Funding From 3one4 Capital, Y Combinator, Others

Bengaluru-based fledgeling hyperlocal news platform Lokal has raised USD 3 Million funding from a group of investors including 3one4 Capital, Y Combinator, RB Investments, SOMA Capital, besides its existing investor India Quotient

Skincare Startup BeYouPlus Raises around USD 3 Million From IvyCap Ventures, Others

Health and wellness startup BeYouPlus (earlier MyDermacy) has raised around USD 3 Million funding from a group of investors led by IvyCap Ventures. Additionally, Madison Capital and Singapore Angel Network also participated in this funding.

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

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

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

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

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

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, has invested around INR 7 crore in Adda247, a test preparation platform for government and public-sector exams

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

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

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

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.

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