Archive News

02/04/2019

Indifi’s Alok Mittal, other angels back hyperlocal delivery platform Baxi Fresh

Three months after pivoting from a bike taxi service to a hyperlocal delivery platform, Gurugram-based Baxi Fresh (earlier Baxi) has raised a bridge funding round from some of its existing angel investors.
02/04/2019

Everstone scores one of its best exits as General Atlantic strikes a control deal

Private equity firm Everstone Capital has agreed to exit drug delivery technology company Rubicon Research by selling its controlling stake to US-based PE firm General Atlantic.
02/04/2019

Airbnb bets on OYO in Series E round

San Francisco-based home-sharing marketplace Airbnb has invested an undisclosed sum in SoftBank-backed budget hospitality chain OYO.
02/04/2019

Zodius Technology Fund invests more in lingerie e-tailer Zivame

Lingerie e-tailer Zivame has raised INR 60 crore in a bridge round of funding.
01/04/2019

TPG’s INR 100 crore to take Nykaa’s valuation to INR 5 k crore

Online beauty and skincare retailer Nykaa has raised INR 100 crore in primary capital from TPG Growth.
29/03/2019

Mirae Asset leads USD150-million investment round in BigBasket

SuperMarket Grocery Supplies Pvt Ltd, which owns online grocer BigBasket, is raising USD 150 million in a fresh round of funding led by South Korean firm Mirae Asset.
29/03/2019

Tomorrow Capital backs interior home design company Bonito

Interior home design company Bonito Designs Pvt Ltd has raised INR 43 crore as part of its pre-Series A funding round  from early-stage strategic investment fund Tomorrow Capital.
28/03/2019

China’s BabyTree invests in Omidyar-backed parenting platform Healofy

Vivoiz Healthtech Pvt Ltd, which owns and operates maternity and childcare social networking platform Healofy, has raised USD 8 million  in fresh funding.
28/03/2019

PharmEasy and Ascent Health in merger talks

Online drugs retailer PharmEasy and pharmaceutical distribution company Ascent Health and Wellness are in talks for merger.
28/03/2019

Paytm raising up to USD 2 billion; valuation may soar to USD 18 billion

Online payments services company Paytm is in the midst of raising USD 2 billion from existing investors SoftBank Vision Fund and Alibaba’s financial affiliate Ant Financial.
27/03/2019

Sequoia, Leo Capital invest in MakeMyTrip co-founder’s new venture

Influencer-driven online commerce app Bulbulshop Shopping Network has raised around USD 2 million in funding from a clutch of investors.
27/03/2019

Stanza Living secures venture debt from Alteria Capital

Delhi-based student accommodation platform Stanza Living has raised INR 30 crore in venture debt from Alteria Capital
27/03/2019

Oyo in talks to acquire China’s Qianyu

Oyo Hotels & Homes is in talks to acquire Qianyu, a midsize hotel brand in China.
27/03/2019

Manufacturing services startup Zetwerk raises USD 9 million in Series-A round

Online marketplace for manufacturing services Zetwerk has raised USD 9 million in Series-A funding coled by Accel Partners and Sequoia Capital India.
27/03/2019

Milkbasket acquires Veggie India to boost household base

Grocery and milk delivery startup Milkbasket has acquired Noida-based grocery delivery platform Veggie India for an undisclosed amount.
27/03/2019

Times Internet leads USD 8 million round in student housing startup OxfordCaps

Student housing startup OxfordCaps has raised USD 8 million in a Series-A funding round led by Times Internet. OxfordCaps will use the money to fuel its growth plans.
26/03/2019

Unitus Ventures bets on blockchain startup New Street Technologies

New Street Technologies Pvt Ltd, which builds and operates blockchain-enabled platforms for institutional clients in the financial services segment, has raised USD 2 million in a seed funding round led by impact investment firm Unitus Ventures.
26/03/2019

Angels invest in wedding venue startup VenueLook

Online-to-offline venue booking platform VenueLook has raised an undisclosed amount of funding in its pre-Series A round from a clutch of angel investor.
25/03/2019

PharmEasy in early funding talks with SoftBank to raise up to USD 100 million

Japan’s SoftBank Group Corp is in early talks to invest close to USD 100 million in online medicine startup PharmEasy.
25/03/2019

Delhivery gets USD 400 million from SoftBank, Carlyle

Delhivery has raised more than  USD 400 million in its latest round of equity financing, which has been led by Japanese investor SoftBank.
25/03/2019

SoftBank and Amazon in talks to invest in Drivezy ​​

The Bengaluru-and Silicon Valley-based two-wheeler self-drive platform Drivezy is in talks with Softbank and Amazon to raise a fresh round of funding.
22/03/2019

Byju’s value at USD 5.4 billion via new USD 25 million round

Education technology platform Byju’s has raised USD 25 million from existing backer General Atlantic at  INR 37,000 crore valuation.   
20/03/2019

Pine Labs buys gifting startup Qwikcilver for USD 110 million

Pine Labs, one of the largest point of sales deploying companies in India, has acquired Bengaluru-based gifting startup Qwikcilver for USD 110 million.  
20/03/2019

Cred plans to raise another USD 100 million in new funds

Kunal Shah founded Cred is looking to raise USD 75-100 million.
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