Archive News

08/03/2022

Zeta partners with Mastercard to power credit processing, raises USD 30 Million

Zeta, received financial investment of USD 30 million from Mastercard and an unidentified fund from the Middle East and North Africa (MENA) region as part of this transaction.
07/03/2022

Personal care brand Mcaffeine raised USD15-20 million in new round of funding

Pep Technologies, that owns digital-first personal care brand mCaffeine has raised USD 15-20 million in a new round of funding. The capital will be used to fuel its organic, expansion plans and also evaluate inorganic growth opportunities.
07/03/2022

FMCG Giant Emami Acquires 19% Stake In Nutrition Focussed D2C Startup TruNativ

FMCG company Emami Limited has picked up a 19% equity stake in True Native F&B, the parent company of TruNativ, a nutrition-focused D2C FMCG startup.
07/03/2022

Nazara Tech Continues Acquisition Spree; Buys Majority Stake In Datawrkz & Rusk Distribution

Gaming and sports company, Nazara Technologies, will acquire a 33% stake in advertising technology firm, Datawrkz. The company made the announcement in a regulatory filing on March 4.
07/03/2022

Nexus-backed Apollo.io snags USD 110 Million in Series C led by Sequoia

Apollo.io, a business-to-business (B2B) sales and intelligence and engagement platform, said it has raised USD 110 million as part of its Series C funding round led by Sequoia Capital.
07/03/2022

Venture Catalysts-backed Junio pockets USD 6 Million in round led by UAE firm NB Ventures

Kid-focused digital payments and pocket money app Junio, has secured a pre-Series A funding of USD 6 million led by UAE-based firm NB Ventures, with participation from the existing investor Rajiv Dadlani Group.
07/03/2022

Ex-Arka Venture Labs exec sets up B2B fund for SaaS cos

Radhesh Kanumury, a former Managing Partner of Arka Venture Labs, has announced launch of his new early-stage B2B Indian cross-border fund focused on software-as-service (SaaS) companies. Suvan Ventures, which may be sized between USD 10 and 15 million, will bet on 20-25 companies.
07/03/2022

Ninjacart rolls out seed fund of USD 25 Million to back agri startups

Ninjacart, a business-to-business (B2B) marketplace for agricultural produce, has launched a seed fund of USD 25 million to back new-age startups in the agriculture space.
07/03/2022

CredAvenue raises USD 137 Million, turns unicorn at USD 1.3 billion valuation

CredAvenue, a fintech debt marketplace, has raised $137 million led by New York-based global private equity and venture capital firm Insight Partners, B Capital Group, and Dragoneer, with participation from existing investors.
07/03/2022

Captain Fresh raises USD 50 Million from Prosus, others at USD 500 Million valuation

Business-to-business (B2B) seafood marketplace platform Captain Fresh,has raised USD 50 million as a part of its Series C funding round led by existing investors Prosus Ventures, and Tiger Global Management. Existing investors including Accel India, Matrix Partners India, Ankur Capital, and Incubate Fund participated in the funding round, which valued […]
04/03/2022

Lightspeed-backed Pocket FM snags USD 65 Million from Goodwater Capital, Tanglin Venture, Naver

Gurugram-based Pocket FM, which runs an eponymous audioshows platform, has secured Series C funding of INR 491 crore led by the US-based venture capital fund Goodwater Capital and South Korean internet conglomerate Naver Corporation. The round also saw participation from the company’s existing investor Tanglin Venture Partners.
04/03/2022

Anthos Capital leads USD 23 Million bet on Better Capital-backed Filo

Edtech startup Filo, has racked up Series A funding of USD 23 Million led by Anthos Capital. The round also saw participation from existing investor Better Capital, with GSV, Sapling Capital, Gokul Rajaram, Rob Frohwein, Mate Pencz and Florian Hagenbuch (Founders, Loft) and Ross Lipson (Co-Founder, Dutchie).
04/03/2022

Sequoia-backed Scaler buys bootstrapped edtech firm AppliedRoots

Sequoia Capital India-backed upskilling startup Scaler Academy on Thursday said it has acquired online learning platform AppliedRoots for USD 50 million.
04/03/2022

Investor Madhusudan Kela’s family office launches INR 600 cr fund

Singularity AMC, backed by investor and former Reliance Capital executive Madhusudan Kela, has set up Singularity Growth Opportunities Fund-1 (SGOF-I) to provide growth capital to technology-driven companies.
04/03/2022

IndiaMART invests in SaaS platform Zimyo

Zimyo Consulting Pvt Ltd, has raised around INR 17 crore from business-to-business (B2B) marketplace IndiaMART Intermesh Ltd.
03/03/2022

Fintech Startup Pocketly Bags Funding For Its Credit And BNPL Offerings

Pocketly, has raised USD 3 Million in a Pre-Series A funding round. According to the lending platform, the raised fund is a mix of debt and equity, with USD 2 Million in debt and USD 1 Million in equity.
03/03/2022

Edtech Startup ENGG Online Raises Funding To Build Immersive Learning Solutions For Engineering Students

Augmented reality-based edtech startup, ENGG Online, has raised USD 3.5 Million in a Pre-Series A round led by ace angel investors including Madhu Kela, PS Jayakumar, and Aamara Capital’s Kishor Shah.
03/03/2022

Kotak Securities acqui-hires social trading platform TradeGyani

Kotak Securities Limited (KSL), has acqui-hired virtual trading and thematic investment platform TradeGyani.
03/03/2022

Inside Accel India’s USD 650 Million seventh venture capital fund

Accel India, has raised USD 650 Million in commitments for its seventh fund to invest in new opportunities like emerging tech across India and Southeast Asia.
03/03/2022

VC-backed shared cooking platform Kitchens@ merges with Kitchens Centre

Trifecta Capital-funded shared cooking platform Kitchens@ on Wednesday merged with cloud kitchen firm Kitchens Centre, making it the biggest player with 1,000 kitchens in over 20 cities.
02/03/2022

Mahindra Logistics Acquires Last-Mile Delivery Startup Whizzard For INR 72 Crores

Anand Mahindra-led Mahindra Logistics Limited (MLL) has acquired a 60% stake in a Telangana-based logistics service startup Whizzard for INR 72 Crores. The deal will help MLL, a listed company to further strengthen its presence in the logistics space
02/03/2022

Infinite Analytics raises funding from a syndicate led by ex Coca-Cola executives

Infinite Analytics raises an undisclosed amount for its AI platform, Sherlock from a syndicate of investors that include marketing execs from Coca-Cola (one of its clients), John Hancock Investments, and others
02/03/2022

Y Combinator-backed Volopay raises USD 29 Million to kickstart India operations

YCombinator backed Volopay which is a corporate cards and payable management has raised USD 29 Million in a mix of equity and debt funding led by Winklevoss brothers for the same. Based in Singapore, Volopay will launch India operations by April this year
02/03/2022

IIFL Wealth’s asset arm picks up minority stake in OmniActive

IIFL Asset Management has acquired a minority stake for an undisclosed sum in TA Associates-backed OmniActive Health Technologies. The investment has been made through IIFL AMC’s special opportunities fund series
Top