Archive News

17/03/2022

Tata 1mg makes strategic bet on diagnostic platform 5C Network

Online healthcare firm Tata 1mg has made strategic investment in digital diagnostic platform 5C Network for an undisclosed amount. The round also saw participation from investors including Vikram Vuppala (Founder and CEO at Nephroplus), Om Manchanda (Managing Director at Lal Pathlabs) and Viren Prasad Shetty, (COO of Narayana Health), among […]
17/03/2022

AI-backed tech firm Logically closes USD 24 Million round

Artificial intelligence-backed technology platform Logically on Wednesday said it has closed funding of $24 million (around Rs 183 crore) led by growth investor Vitruvian Partners.The round also participation from Amazon Alexa Fund, existing seed investors XTX Ventures and Northern Powerhouse Investment Fund (NPIF).
17/03/2022

Media SaaS business Amagi raises USD 95 Million at unicorn valuation

Amagi Media Labs Pvt Ltd, has raised $95 million in a new funding round led by Accel. Norwest Venture Partners and Avataar Ventures also participated in this funding round.
16/03/2022

Hero Enterprise Backs Jewellery Startup BlueStone With USD 30 Million Funding

Omnichannel jewellery brand BlueStone has raised USD 30 Million in a funding round led by Hero Enterprise’s Sunil Kant Munjal.
16/03/2022

Zomato Acquires 16.6% Stake In Food Robotics Startup Mukunda For USD 5 Million

Zomato’s board, on March 15, approved the acquisition of 16.66% stake in robotics startups, Mukunda Foods, for USD 5 Million.
16/03/2022

Licious secures USD 150 Million in extended Series F round

Meat brand Licious, operated by Delightful Gourmet Pvt Ltd, has raised USD 150 million in an extended Series F round of funding led by Singapore-based Amansa Capital. New investors, Kotak PE and Axis Growth Avenues AIF-I also invested in the latest funding round of the startup.
16/03/2022

Jungle Ventures leads Series A round in employee experience platform inFeedo

inFeedo Tech Inc., an employee experience platform, has raised USD 12 million as part of its Series A funding led by Jungle Ventures.
16/03/2022

Presight Capital-backed UpScalio snags USD15 Million led by Gulf Islamic Investments

UpScalio, a venture that funds and manages e-commerce brands, on Tuesday said it has secured pre-Series B funding of USD 15 million led by Gulf Islamic Investments (GII), with participation from Northern Arc and Unity bank.
15/03/2022

EV-Focused Lending Startup RevFin Bags INR 100 Cr In Debt For Business Expansion

Electric vehicle-focused fintech lending startup RevFin has raised INR 100 Cr in a debt financing round led by Northern Arc, LiquiLoans, UK Charity Shell Foundation, and other investors.
15/03/2022

PV cell maker Jupiter snags INR 170 cr from Edelweiss Group

Photovoltaic (PV) cell manufacturing company Jupiter International on Monday said it has secured INR 170 crore from funds managed by Edelweiss Alternative Asset Advisors Ltd.
14/03/2022

Byju Backs BYJU’s – Edtech Unicorn Founder Invests USD 400 Million, Ups Stake To 25%

BYJU’S has raised USD 800 Million in a strategic funding round led by CEO and founder Byju Raveendran, Sumeru Ventures, Vitruvian Partners, and BlackRock.
14/03/2022

Edtech Startup Classplus Raises USD 62 Million From Alpha Wave, Tiger Global

edtech startup Classplus is raising nearly USD 62 Million in a fresh round of funding led by existing investors Alpha Wave Ventures and Tiger Global.
14/03/2022

Ferns N Petals Bags INR 200 Cr Funding To Boost Ecommerce Play

Gifting platform, Ferns N Petals (FNP), has raised INR 200 Cr in funding from private equity firm, Lighthouse.The company will use the funding to fuel its expansion to newer geographies and to launch a brand campaign to raise awareness about the company.
14/03/2022

Sachin Bansal’s Fintech Navi Technologies Files For INR 3,350 Cr IPO

Flipkart cofounder Sachin Bansal’s fintech startup Navi Technologies has filed its draft red herring prospectus (DRHP) with SEBI to raise INR 3,350 Crore through an initial public offering (IPO).
14/03/2022

Marketing Automation Startup Xeno Raises Funding To Help Brands Personalise Ads

Marketing Automation Startup Xeno Raises Funding To Help Brands Personalise Ads. The seed funding round was led by Vinyl Capital, Ankur Nagpal’s Vibe Capital, Java Capital and Angel Invest Ventures.
14/03/2022

Bessemer Venture Partners launches crypto focused USD 250 Million fund

US-based venture capital firm Bessemer Venture Partners has launched a USD 250 million fund dedicated to the cryptocurrency space as it seeks to sharpen its focus on the industry as it matures.
14/03/2022

Tiger Global writes USD 20 Million cheque to edtech firm Cialfo

Singapore-based edtech startup Cialfo has raised USD 20 million as a part of its Series B extension round led by Tiger Global.
14/03/2022

Nykaa-backer Lighthouse bets USD 27 Million on gifting platform

Homegrown private equity firm Lighthouse has made its first transaction of the year by investing USD 27 million in gifting platform Ferns N Petals.
11/03/2022

Ankit Nagori-Led Curefoods Acquires Majority Stake In Milkshake Brand Frozen Bottle

Cloud kitchen brands aggregator Curefoods has announced a majority stake acquisition of milkshake brand, Frozen Bottle. With this deal.
11/03/2022

Walmart-Backed Ninjacart Acquires Saas Startup Tecxprt To Streamline Supply Chain Operations

Agritech startup Ninjacart has acquired SaaS-based smart solutions provider, Tecxprt, for an undisclosed amount. The acquisition will enable Ninjacart to leverage Tecxprt’s rich technology suite to digitise its operations and streamline communication within the company’s ecosystem.
11/03/2022

Sequoia India, Woodstock co-lead funding in one-year-old Web3 platform

Web3 platform Metasky has secured a pre-seed funding of USD 1.8 million in a round co-led by Sequoia Capital India and Woodstock Fund.
11/03/2022

Krafton-backed Loco snags USD 42 Million from South Korea’s Hashed, Catamaran Ventures, others

Gaming platform Loco has scooped up a Series A funding of USD 42 million led by South Korea-based venture fund Hashed. The round also saw participation from a clutch of investors including Makers Fund, Catamaran Ventures and Korea Investment Partners, with existing seed backers including Krafton, Lumikai, and Hiro Capital.
10/03/2022

Tiger Global And A91 Partners To Invest In Box8’s USD 30 Million Funding Round

Cloud kitchen startup EatClub Brands, which was earlier known as Box8 is going to seal its secondary funding round deal of nearly USD 30 Mn. The startup’s existing investors, Tiger Global and A91 Partners will increase its stake.
10/03/2022

Tiger Global-backed Money View scoops up USD 75 Million in Series D round

Bengaluru headquartered fintech platform Money View, has raised USD 75 million as a part of its series D funding. Moscow-based Winter Capital and Evolvence India came onboard as new investors in this round. Existing investors- Tiger Global and Accel also participated in the fundraise.
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