Archive News

27/09/2019

Aquaconnect raises around INR 8 crore seed round from Omnivore and Hatch

Aquaconnect, an artificial intelligence-driven platform for aquaculture, has raised around INR 8 crore in fresh financing from impact venture fund Omnivore and aquaculture accelerator program Hatch
27/09/2019

Fintech firm DIPL raises funding from US-based investment group

Digital India Payments Ltd (DIPL), a financial technology company, has raised around INR 6 crore from the United States-based investment group IC1101
27/09/2019

Employee transport firm Whistledrive hails USD 10 million cash from Colosseum

Employee transport company Whistledrive Services has raised USD 10 million in Series B funding from Chicago-based Colosseum Group, an umbrella brand for several entities focused on investment, research and training
27/09/2019

Accel, Chiratae, Dream Incubator back cancer care platform Onco.com

Onco an online cancer care platform, said on Thursday it has raised USD 7 million in its Series A round of funding from venture capital firms Accel and Chiratae Ventures
26/09/2019

Aavishkaar Group Raises USD 37 Millionn To Fund International Expansion

Social enterprise focused investment firm Aavishkaar Group has reportedly raised USD 37 Million from Netherlands-based FMO Entrepreneurial Development Bank
26/09/2019

Darwinbox Raises USD 15 Million In Series B Round From Sequoia

Cloud-based HR solutions company Darwinbox has raised USD 15 Million in Series B round of funding led by Sequoia Capital and the company’s existing investors Lightspeed Ventures, 3one4 Capital and Endiya Partners also participated
26/09/2019

Regional cuisine-focused cloud kitchen Zesty raises angel funding

Zesty Kitchen, a cloud kitchen focused on regional cuisines, has raised INR 3 crore in funding from a clutch of angel investors
26/09/2019

IAN, govt whip out cheques for diagnostics firm Agatsa

Agatsa Software, which creates healthcare devices focusing on the early diagnosis of lifestyle diseases, has raised USD 1 million in a funding round
26/09/2019

Tiger Global-backed Chaayos refills its cuppa, gets a valuation bump

Sunshine Teahouse which runs tea café chain Chaayos, has raised fresh capital at a higher valuation
25/09/2019

Angel Investors Back Robotics Startup Emotix With Fresh Funding

Mumbai-based robotics startup emotix has raised yet another funding round from a clutch of investors
25/09/2019

Reliance-backed Haptik acquires conversational commerce platform Buzzo ai

Haptik, a subsidiary of Reliance Industries has acquired Buzzo ai, a Mumbai-based conversational commerce startup
25/09/2019

OfBusiness raises INR 250 crore

OfBusiness, a startup that lends to small and medium enterprises has raised INR 250 crore led by Norwest Venture Partners with participation from existing investors Falcon Edge and Matrix Partners
25/09/2019

Ex-Uber CEO bets on Rebel Foods

Ride-hailing firm Uber’s co-founder Travis Kalanick has purchased a small stake in Rebel Foods Pvt Ltd, the owner of online kitchen brands including Faasos and Behrouz Biryani, as part of a funding round that was disclosed previously to be worth USD 125 million
25/09/2019

Deepika Padukone’s family office invests in electric taxi startup Blu Smart

Electric taxi startup Blu Smart has raised USD 3 million in an angel funding round from several investors including KA Enterprises LLP, the family office of actor Deepika Padukone.
25/09/2019

Food brand Ketofy chomps through pre-Series A funding from Indiabulls co-founder

Wellversed Health Pvt Ltd, a consumer company that operates online food brand Ketofy has raised USD 250,000 in a pre-Series A funding round from a clutch of investors including Tejinderpal Miglani, co-founder of diversified financial services group Indiabulls
25/09/2019

Morgan Stanley’s private equity unit raises USD 366 Million for fifth Asia fund

Morgan Stanley Private Equity Asia has raised USD 366 million for its fifth Asia fund
25/09/2019

Contrarian Drishti founder to float early-stage fund for technology bets

Somak Ghosh, founder of early-stage investor Contrarian Drishti Partners has teamed up with two investment professionals to float new fund for technology companies
25/09/2019

Impact investor Omnivore backs aquaculture platform Aquaconnect

Aquaconnect, a network of fish farmers has raised USD 1 million in a seed round of funding from impact investor Omnivore and accelerator HATCH.
24/09/2019

Ola lands around INR 36 crore in fresh funding

Ride-hailing firm Ola has raised around 36 crore in fresh funding from an investment fund named ‘ARK Ola Pre-IPO Private Investment Trust’, indicating that the company might have started preparing to go public in the not-so-distant future
24/09/2019

Strategic Ventures Fund II Launches USD 50 Million Accelerator For Early Stage Startups

Strategic Ventures Fund II (SVFII) has launched a USD 50 Million growth accelerator early-stage fund for entrepreneurs and startups in the Indo-Association of Southeast Asian Nations (ASEAN) area
24/09/2019

Avataar Venture Partners to invest USD 300 million in B2B and SaaS companies

Mohan Kumar, a former partner at Norwest Venture Partners and Nishant Rao, the former chief operating officer at the Chennai-based SaaS firm Freshworks, have launched Avataar Venture Partners, whose maiden fund will have HarbourVest, the global fund-of-funds, as its single Limited Partner or sponsor
24/09/2019

IvyCap Ventures injects USD 3 million into Pharmarack via Series A funding

Pharmarack a healthcare-technology platform that lets businesses automate sales and operations has raised USD 3 million in a Series A funding round from Mumbai-based IvyCap Ventures
24/09/2019

Oil spill clean-up firm Log 9 soaks up pre-Series A funding

Log 9 Spill Containment a nanotech company specialising in oil and chemical spill absorbents has raised INR 4 crore in a pre-Series A funding round from angel investors
23/09/2019

Fraud prevention and investigation startup AdvaRisk raises nearly INR 5 crore

Fraud prevention and investigation startup AdvaRisk has raised INR 5 crore in its first round of institutional funding from Sprout Venture Partners, SEA Fund and angel investors
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