Archive News

17/01/2019

Matrix Partners invests more money in SaaS startup ITILITE

Bengaluru-based ITILITE Technologies Pvt Ltd, which provides a software-as-a-service platform to companies for managing their travel requirements, has raised Rs 30 crore in a Series A funding round from existing investor Matrix Partners India and others.
17/01/2019

Microsoft venture fund M12 makes debut India investment, bets on Innovaccer

Microsoft’s corporate venture fund, M12, has backed health-tech startup Innovaccer in its first India investment.
17/01/2019

Turtlemint raises INR 178 crore from Sequoia India, others

Insurance distribution company Turtlemint has raised USD 25 million in a Series-B round of funding, led by Sequoia India along with participation from existing investors Blume Ventures and Nexus Venture Partners.
16/01/2019

Zoomtail Tech raises funds in a round led by Matrix Partners

Zoomtail Technologies, which runs a fashion commerce-enabling platform, has raised an undisclosed amount in seed capital from investors led by Matrix Partners India.
16/01/2019

Kalaari leads funding in scooter-sharing startup Vogo

Chennai-based Vogo Automotive Pvt Ltd, which operates an eponymous scooter-sharing platform, has raised INR 63 crore in a fresh funding round from a clutch of existing investors.
16/01/2019

LGT Impact leads investment in fresh-produce distributor Waycool

Chennai-based Waycool Foods & Products Pvt Ltd, which operates an omni-channel fresh-produce distributor, has raised INR 120 crore in debt and equity from investors led by Zurich-headquartered LGT Impact.
15/01/2019

Baby products platform Hopscotch eyes up to USD 75 million funding

Baby apparel and clothing platform Hopscotch, operated by Hit The Mark, is looking to raise around USD 50-75 million to fund its growth plans.
15/01/2019

Leverage EdTech gets USD1,3 m in pre-series A funding

Leverage EdTech, which owns and operates artificial intelligence-based ed-tech marketplace Leverage Edu, has raised about  INR 9 crore in its Pre-series A funding round, led by DSG Consumer Partners and Blume Ventures.
15/01/2019

Flipkart co-founder Sachin Bansal invests USD 21 million in Ola

Flipkart co-founder Sachin Bansal has invested USD 21 million in ANI Technologies Pvt Ltd, which operates homegrown cab-hailing major Ola.
14/01/2019

Accel, Omidyar Network top up investment in online mutual funds platform Scripbox

Scripbox Advisors Pvt Ltd, which operates an eponymous online investment platform, has raised around USD 22 million in a fresh funding round from new and existing investors.
14/01/2019

Venture debt provider Alteria Capital backs Faasos

Rebel Foods,an internet kitchen platform that owns and operates a number of brands including Faasos and Behrouz Biryani, has raised INR 30 crore from venture debt firm Alteria Capital.
14/01/2019

Existing investors plan USD 100-million pep pill for Pepperfry

Goldman Sachs PE, Norwest Venture Partners and Bertelsmann India Investments may invest USD 100 million in branded furniture etailer Pepperfry
11/01/2019

Sequoia Capital bets on executive education firm Eruditus

Eruditus Learning Solutions Pte Ltd, which offers executive learning programmes globally, has raised USD 40 million in its Series C round of funding led by global venture capital firm Sequoia Capital.
11/01/2019

Bengaluru-based Micelio fund to invest in clean-energy startups

Bengaluru-headquartered Micelio Fund plans to invest INR 140 crore in startups in the electric vehicle space, across areas such as mobility, software applications, energy and charging infrastructure.
10/01/2019

Fintech Startup Cashcow Raises Funding From Astarc, Valpro And Others

Mumbai-based fintech startup Cashcow has raised a seed funding round led by Astarc Ventures along with Valpro Capital, a Japanese fund, and a few HNIs
10/01/2019

Content startup Pratilipi in funding talks to raise USD 20 million

Regional language publishing platform Pratilipi is in talks to raise USD 15-20 million in fresh capital from new and existing investors, including Omidyar Network and Nexus Venture Partners
10/01/2019

Swiss investor to lead USD 35 million round in online pharmacy 1mg

Gurugram-based 1mg Technologies Pvt Ltd, which operates an eponymous online pharmacy, is raising USD 35 million in a fresh funding round from Corisol Holding AG and existing investors including Sequoia Capital India, Omidyar Network and Swiss healthcare-focused investment firm HBM Healthcare Investments
10/01/2019

HT Media backs digital marketing education firm Digiperform

Delhi-based Digiperform, which offers courses on digital marketing through centres, has raised INR 25 crore in an institutional funding round from HT Media, which publishes Hindustan Times and Mint besides owning other properties.
10/01/2019

IndiaNivesh turnaround fund to back Sebacic India, Autoline Industries

Homegrown private investment firm IndiaNivesh has made the first commitments from its maiden turnaround fund to chemicals firm Sebacic India Ltd of INR 33 crore and auto component maker Autoline Industries Ltd of INR 35 corore.
10/01/2019

Steadview Capital invests more in Ola as valuation soars

ANI Technologies Pvt Ltd, which operates cab-hailing app Ola, has raised INR 520 crore in a fresh funding round from existing investor Steadview Capital.
09/01/2019

Cashcow

Fintech start-up Cashcow raises seed funding led by Astarc Ventures via Enablers Mumbai-based fintech startup Cashcow has raised a seed round led by Astarc Ventures and participation from Yes Bank’s family office, ValPro Capital and a Japanese Fund apart from some HNIs. Read More
09/01/2019

Matrix Partners India closes third fund with over USD 300 million in commitments

Early-stage venture capital firm Matrix Partners India is closing of its third fund with committed capital of over USD 300 million.
09/01/2019

Ride-hailing platform Ola mulls investment in medicine delivery startup Myra

Cab-hailing platform Ola is in talks to invest in or acquire medicine delivery startup Myra Medicines
08/01/2019

Cloud kitchen InnerChef raises USD 6.5 million in pre-Series B funding round

Shared cloud kitchen platform InnerChef India Pvt Ltd has raised USD 6,5 million in a pre-Series B round led by Taizo Son’s Mistletoe Inc and Das Capital.
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