Archive News

08/05/2020

Voicebot startup for enterprises Vernacular.ai raises Series A funding

Vernacular.ai, which offers a multilingual artificial intelligence (AI) platform for businesses, has raised USD 5.1 million  in its Series A round of funding led by Exfinity Ventures and IAN Fund.
06/05/2020

Agri-tech startup Clover raises debt funding from Alteria Capital

Clover Ventures, which operates an agricultural-technology firm focussed on providing greenhouse-grown fresh produce, has raised INR 7 crore in debt funding from Alteria Capital.
06/05/2020

Health-tech platform Phable collects pre-Series A cheque

Early-stage investor Inflection Point Ventures has led a USD 1 million pre-Series A round of funding in mobile-first healthcare services platform Phable.
05/05/2020

Classplus raises USD 9 Million to grow its Shopify-like platform for teachers and coaching centers in India

Edtech startup Classplus has raised USD 9 million in its Series A financing round led by RTP Global. Existing investors Blume Ventures, Sequoia Capital India’s Surge, Spiral Ventures, and Strive also participated in the round.
05/05/2020

Jio Gets INR 5,655 Crore Investment From PE Giant Silver Lake

Mukesh Ambani-led Reliance’s Jio Platforms, raised an additional INR 5,655 Crore from private equity firm Silver Lake at an equity value of INR 4.90 Lakh Crore and an enterprise value of INR 5.15 Lakh Crore.
05/05/2020

Payment solutions firm Mintoak raises INR 15 cr in pre-series A from Pravega Ventures

Mintoak, a Mumbai based merchant payments solutions company, set up by former top officials of Visa, has raised close to INR 15 crore in a pre-Series A round of fund raise led by Pravega Ventures.
05/05/2020

Children-focused snacks startup Lil’ Goodness secures seed funding

Happytizers, a Bengaluru-based company that sells snacks for children under the Lil’ Goodness brand, has raised INR 5 crore in its seed round of funding led by Beyond Next Ventures (BNV), a Japanese venture capital fund.
05/05/2020

Rooter bags USD 1.7 million in new funding round

Sports fan engagement platform Rooter has raised USD 1.7 million in a fresh funding round led by Paytm, Adidas family-backed leAD Sports, Rockstud Capital, and Founder Bank Capital—the early-stage arm of RB Investments.
04/05/2020

LoadShare raises INR 100 crore from Beenext, others

Tech-enabled logistics platform LoadShare has raised INR 100 crore, led by Beenext with participation from CDC Group and existing investors Stellaris Venture Partners, Matrix Partners and venture debt fund Alteria Capital.
04/05/2020

MetaMorphoSys Gets Backing From US Fund For Southeast Asia Expansion

Pune-based B2B insurance tech startup MetaMorphoSys has raised an undisclosed amount of funding from California-based early-stage VC fund Good Capital in a pre-series A round. Rahul Khanna, Cofounder and MD of venture debt fund Trifecta Capital also participated in the round.
01/05/2020

Inflection Point Ventures bets on ed-tech startup Pedagogy

Ahmedabad based Ed-tech startup Pedagogy has raised INR 3 crore funding from Inflection Point Ventures (IPV).
01/05/2020

Tencent leads Series C funding in self-publishing startup Pratilipi

Nasadiya Technologies, which operates vernacular self-publishing firm Pratilipi, has raised INR 70.68 crore in its Series C funding round. The round has been led by Chinese conglomerate Tencent, with participation from firms including Omidyar Network, Bennett Coleman & Co Ltd (BCCL), Shunwei Capital and Nexus Venture Partners.
01/05/2020

Medical devices maker Consure raises funding from Accel, others

Medical devices maker Consure Medical has raised INR 3.61 crore in funding from Accel Partners and Jayesh Arvind Parekh, who is the managing partner at the Singapore-based Jungle Ventures
30/04/2020

ShopX raises INR 10.6 Crore from existing investor Li and Fung, former Crompton Greaves chairman

Bengaluru-based B2B ecommerce startup ShopX has raised INR 10.67 crore from Rajesh Ranavat, MD of its existing investor and shareholder Fung Group’s investment arm FX Pte Ltd, Li and Fung, and his wife Sandhya Ranavat. The round also saw participation from Kewal Krishnan Nohria, the former Chairman of Crompton Greaves.
30/04/2020

Mysun raises INR 32 crore from existing investors to fund expansion

New Delhi-based solar rooftop technology platform Mysun raised INR 32 crore from its existing investors in a structured equity deal as a part of its pre-series round A funding.
30/04/2020

Fintech startup NIRA raises pre-Series A funding

Shuhari Tech Ventures, which operates the blue- and grey-collar worker-focussed financial technology startup NIRA, has raised USD 2.1 million in its pre-Series A funding round from existing and new angel backers in the UK, Europe and India.
30/04/2020

Venture Catalysts invests in edtech startup Qin1

Venture Catalysts, an integrated incubator and accelerator platform, has invested an undisclosed amount in edtech startup Qin1.
30/04/2020

SARVA raises funds from Mantra Capital

SARVA, a yoga and wellness company, is all set to accelerate its digital footprint with undisclosed funding received from US-based VC Fund Mantra Capital, along with a financial contribution from the Patni Family.
29/04/2020

Digital media startup NewsBytes raises USD 1.5 Million led by North Base Media

Gurugram-based NewsBytes, owned by Elysium Labs, has closed a Series A round of almost USD 1.5 million, led by North Base Media, a global venture capital firm specialising in media.
29/04/2020

Consure Medical has raised INR 3.6 Crore from Accel Partners

New Delhi-based, healthtech startup Consure Medical has raised INR 3.6 Crore from Accel Partners and Jungle Ventures’ Jayesh Arvind Parekh.
29/04/2020

Tessol Raises INR 1.2 Crore Series A Funding

Mumbai-based cold chain logistics startup Tessol has raised INR 1.2 Crore in Series A round led by 1Funds Domestic Scheme 1 with the participation of angel investors.
29/04/2020

Contactless shopping startup Wagonfly raises funding

Wagonfly Smart Shopping Solutions, which provides contactless shopping and delivery experience, has raised approximately INR 3.81 crore in funding from ITI Growth Opportunities Venture Fund.
29/04/2020

Circulate Capital fund invests in plastic recycling firm Lucro

Circulate Capital, the Singapore-based investment management company, has invested an undisclosed amount in Mumbai-based plastic recycling firm, Lucro Plastecycle Pvt Ltd.
29/04/2020

Better Capital-backed fitness platform Fittr raises pre-Series A funding

Squats Fitness, which operates online fitness portal Fittr, has raised USD 2 million in its pre-Series A funding round from Surge the accelerator program operated by Sequoia Capital India.
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