Archive News

24/03/2022

Coworking Startup iSprout Secures USD 4 Million

Hyderabad-based coworking space startup iSprout has recently closed a USD 4 Million Pre-Series A funding round from private investors.
24/03/2022

Actress Athiya Shetty Backs Social Commerce Startup Stage3

Bollywood actor Athiya Shetty has invested an undisclosed amount in Delhi NCR-based social commerce startup Stage3.
24/03/2022

Cypher Capital Announces USD 100 Million Blockchain Fund

UAE-based VC firm Cypher Capital has announced the launch of a global USD 100 Million blockchain-focused fund.The fund will primarily focus on crypto and blockchain startups and invest in related domains like DeFi, GameFi, and metaverse
24/03/2022

Virat Kohli invests in Sixth Sense Ventures-backed Rage coffee

Virat Kohli, has joined fast moving consumer products brand Rage Coffee as an investor and brand ambassador.
24/03/2022

OfBusiness lending arm Oxyzo turns unicorn with largest-ever Series A funding

Oxyzo Financial Solutions Pvt Ltd, the financing arm of OfBusiness, has turned unicorn after raising USD 200 million in a Series A fundraise. The round was led by Alpha Wave and co-led by Tiger Global Management, Norwest Venture Partners, Matrix Partners and Creation Investments.
24/03/2022

Kotak, RBL Bank co-lead USD 57 Million debt round in Sequoia-backed Stanza Living

Shared living operator Stanza Living has secured debt capital of USD 57 million co-led by Kotak Mahindra Bank and RBL Bank, with participation from existing lender Alteria Capital.
24/03/2022

A91 Partners leads Series C round in personal care brand Plum

Personal care brand Plum has raised USD 35 million as a part of its Series C funding led by growth stage investor A91 Partners. The round also saw participation from existing investors Unilever Ventures and Faering Capital.
23/03/2022

Adtech Startup Zocket Bags USD 3 Million From Kalaari Capital To Help SMBs Optimise Ad Spends

Adtech startup Zocket has raised USD 3 Million in a seed round of funding led by Kalaari Capital with participation from Kettleborough VC. Zocket helps SMBs to promote their offerings across multiple digital platforms.
23/03/2022

SaaS Startup Draup Secures USD 20 Million From US-Based Private Equity Firm HKW

B2B SaaS startup Draup has raised USD 20 Million from US-based private equity firm HKW to accelerate its AI capabilities and expand product portfolio. Draup now seeks to grow its customer base globally across America, Europe, and Asia while continuing to build a world-class technology team.
23/03/2022

EverSource Capital Acquires Majority Stake in EV Startup Lithium Urban Technologies

EverSource Capital, the manager of India’s largest climate impact funds, has announced an investment to acquire a majority stake in the Bengaluru-based electric vehicle (EV) startup Lithium Urban Technologies.
23/03/2022

B2B Fintech Startup Rupifi Secures USD 8 Million Venture Debt From Alteria Capital

Bengaluru-based B2B fintech startup Rupifi has raised USD 8 Million venture debt from Alteria Capital, Trifecta Capital, and Innoven Capital.
23/03/2022

Skillbee Raises USD 3.2 Million Funding To Help Migrant Workers Get Jobs

Skillbee, a startup that helps migrant workers get jobs, has raised USD 3.2 Million in a seed funding round from Good Capital and Vibe Capital. The round saw participation from investors –Access Bridge Ventures and Wamda Capital, and Bharat Founders Fund including, Rahul Chaudhary from Treebo, Zishaan Hayath from Toppr, […]
23/03/2022

Polygon founder Jayanti Kanani backs tech entertainment firm Plutoverse

Technology entertainment company Plutoverse has raised an undisclosed amount from Polygon’s Co-founder and Chief Executive Officer and billionaire Jayanti Kanani.
23/03/2022

Trifecta write USD 8 Million venture debt cheque to aquaculture platform Aquaconnect

Aqua farmers’ network Aquaconnect has raised venture debt funding of USD 8 million from Trifecta Capital. The firm, operated by Coastal Aquaculture Research Institute Pvt Ltd, plans to use the fresh capital to expand its India footprint.
22/03/2022

Inflection Point Ventures Launches USD 50 Mn VC Fund, To Invest In 15-20 Startups

Early-stage angel investing firm Inflection Point Ventures (IPV) has launched its AIF CAT II Physis Capital, a USD 50 Million venture capital fund. Physis Capital will have a corpus of USD 50 Mn with a green shoe option of another USD 25 Mn and aims for its first close at […]
22/03/2022

Times Internet Infuses USD 60 Million In Social Media Unicorn ShareChat

Indigenous social media platform ShareChat has added Times Internet to its captable. ShareChat is raising around USD 60.5 Million from the Gurugram-based Indian internet giant.
22/03/2022

Tiger Global-Backed Bizongo Buys Clean Slate To Equip Indian Factories With IoT Solutions

Mumbai-based B2B packaging and textile startup Bizongo has acquired internet-of-things (IoT) startup Clean Slate for an undisclosed amount. Through this acquisition, the startup would equip Indian factories with its IoT-powered cloud factory solution by 2023.
22/03/2022

Walmart’s PhonePe Acquires B2B Micro-Entrepreneur Platform GigIndia

Walmart-backed digital payments platform PhonePe has acquired GigIndia, a B2B marketplace for on-demand work completion for freelance micro-entrepreneurs, for an undisclosed amount.
22/03/2022

CommerceIQ turns unicorn with USD 115 Million funding led by SoftBank Vision Fund 2

Algorithmic platform CommerceIQ, has raised Series D funding of USD 115 million led by SoftBank Vision Fund 2 at unicorn valuation. The round also saw participation from existing investors including Insight Partners, Trinity Ventures, Shasta Ventures and Madrona Venture Group.
22/03/2022

Tiger Global-backed Bizongo buys IoT firm Clean Slate

Business-to-business (B2B) e-commerce and supply chain enablement platform Bizongo, has acquired Mumbai based IoT, and real-time location services solutions provider Clean Slate Technologies Pvt Ltd for an undisclosed amount.
22/03/2022

Edtech startup Leverage Edu pockets USD 22 Million in Series B round

Leverage Edu, has raised USD 22 million in its Series B round of funding from a bunch of funds, family offices and HNI (high networth individual) investors, besides existing backers. The new investors included UAE-based NB Ventures and 9Unicorns. Chona Group (behind Havmor ice cream brand), FMCG player Vicco, Mankind […]
22/03/2022

Ola Electric backs Israeli battery tech firm StoreDot

Ola Electric, the electric vehicle arm of ride-sharing startup Ola Cabs, on Monday, said it has invested an undisclosed amount in Israeli battery technology company StoreDot.
22/03/2022

Kotak investment arm, Unicorn India, others back healthtech firm FutureCure

Healthtech platform FutureCure Health has racked up Series A funding of USD 4 million from a clutch of investors including Kotak Investment Advisors Limited (KIAL), Unicorn India Ventures and RVCF India Growth Fund, among others.
21/03/2022

Sequoia Buys The Dip, Picks Up USD 94.8 Million Worth Of Freshworks’ Shares

Venture Capital firm Sequoia India has picked up USD 94.8 Million worth of Freshworks’ shares.
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