Archive News

24/02/2022

Finarkein Analytics Raises Funds From Info Edge, IIFL To Build Open Digital Ecosystems

Pune-based data analytics startup Finarkein Analytics has raised an undisclosed seed funding amount co-led by IIFL’s Fintech Fund and Redstart Labs, an Info Edge company. Aaryaman Vir Shah’s Prophetic Ventures, Pearl Agarwal’s Eximius Ventures, and angels such as Shalini Chhabra of Incipia Advisors, Chirag Jain of Ashika Group also participated […]
24/02/2022

Purplle backer IvyCap Ventures marks first close of third fund at USD 214 Million

IvyCap Ventures, has marked the first close of its third fund at INR 1,608 crore. The new fund will continue to focus on sectors such as consumer tech, deep tech, healthtech, fintech, software as a service (SaaS) and edtech.
24/02/2022

Giift, Apis’ fund arm bet USD 30 Million on fintech platform Xoxoday

Private equity fund Apis Growth Fund II, have invested USD 30 Million to acquire a strategic interest in software-as-a-service (SaaS)-focused fintech startup Xoxoday.
24/02/2022

Rakesh Jhunjhunwala-backed Arrivae raises USD 10 Milliion led by Think Investments, Havells Group

Arrivae, a made-to-order furniture manufacturer and home improvement company, has closed its Series B funding round with USD 10 Million led by Think Investments and Havells Group with participation from Emerge Capital and existing investors.
24/02/2022

Accelerator StartupBay invests USD 1.2 Million in Rocket AI

StartupBay, an accelerator, invested USD 1.2 Million in Rocket AI to pick up a 10% stake. This investment is part of the company’s seed funding round.
23/02/2022

Agritech Startup Krishify Raises USD 6.2 Million To Develop Social Network For Farmers, Community

Agritech startup Krishify has secured USD 6.2 Million in Pre-Series A funding with participation from agritech VC fund Omnivore and existing investors Ankur Capital, Omidyar Network India, and Orios Venture Partners.
23/02/2022

Ola Gets USD 20 Million From Axis Growth And Arrow Capital

ANI Technologies which operates cab hailing company Ola, has raised around USD 20 Million from Axis Growth and Arrow Capital as part of its ongoing Series J round.
23/02/2022

Defence Startup NewSpace Secures USD 21 Million From Pavestone Technology Fund

Drone startup, NewSpace Research & Technologies has secured USD 21 Million funding in a round led by Pavestone Technology Fund.
23/02/2022

Kids Snackmaker Slurrp Farm Raises USD 7 Million Funding From ICD, Fireside Ventures

Children-focused healthy snacks brand, Slurrp Farm, has secured USD 7 Million in funding from a clutch of institutional investors. The startup will use the fresh capital to ramp up product development, increase spending on marketing and expand global footprint.
23/02/2022

Logistics Startup Shipsy Raises USD 24 Million From A91 Partners, Z3Partners

SaaS logistics startup Shipsy is raising around USD 24 Million in a fresh round of funding led by A91 Partners. Z3Partners, Sequoia’s Surge, and Info Edge’s Startup Investments Holdings, will also be participating in this round of funding.
23/02/2022

Vymo Bags USD 22 Million Funding To Help Enterprises Automate Sales Engagement

Sales acceleration startup, Vymo, has raised USD 22 Million in Series C funding round led by Bertelsmann India Investments (BII), and also saw participation from existing investors like Emergence Capital and Sequoia Capital.
23/02/2022

India Quotient-funded Fleetx nets USD 19.4 Million in IndiaMart-led round

Fleetx Technologies, which runs fleet management platform Fleetx.io, has secured funding of USD 19.4 Million in a Series B round led by IndiaMart.The fundraise also saw participation from IndiaQuotient and BEENEXT.
23/02/2022

Digital health platform MediBuddy racks up USD 125 Million co-led by Quadria, Lightrock

MediBuddy, has bagged USD 125 Million in a Series C funding co-led by Quadria Capital and Lightrock India, other existing investors Bessemer Venture Partners, India Life Sciences Fund III, Rebright Partners, JAFCO Asia, TEAMFund LP, FinSight Ventures, InnoVen Capital, Stride Ventures and Alteria Capital also participated in the funding.
23/02/2022

BYJU’s owned Great Learning buys Blume-backed recruitment firm Superset

Upskilling platform Great Learning, a part of the BYJU’s group, has acquired Blume Ventures-backed recruitment platform Superset, for an undisclosed amount.
23/02/2022

Ex-Zoho execs’ floated startup bags USD 35 Million led by Zomato-backer Dragoneer

Property operations software platform Facilio, has secured Series B funding of USD 35 Million in a round led by Dragoneer Investment Group, along with participation from Brookfield Growth and existing investors Accel India and Tiger Global Management.
23/02/2022

Hurun India’s Anas Rahman, Callapina, others back SaaS platform CertifyMe

Tech99 Innovations Pvt Ltd., has secured an undisclosed seed capital led by Callapina Capital. The round included participation from Anas Rahman Junaid, and Vinod JosE among others. The company plans to deploy the fresh funds in expanding its range of software-as-a-service (SaaS) products in the digital credentials space.
23/02/2022

Hasura snags USD 100 Million in Series C funding at unicorn valuation

Hasura Inc., has raised USD 100 Million as part of its Series C funding round at a valuation of $1 billion led by Greenoaks. Existing investors Nexus Venture Partners, Lightspeed Venture Partners and Vertex Ventures also participated in this funding round.
22/02/2022

Singapore-Based Wego To Acquire Cleartrip’s Middle East Business From Flipkart

Singapore-based traveltech platform Wego, has signed an agreement with Flipkart to acquire Cleartrip’s Middle East business. The deal includes the sale of Flyin.com and a technology co-operation agreement between Wego and Flipkart. This transaction is expected to close by the second half of 2022.
22/02/2022

Motilal Oswal Backs Snackmaker Happilo, Invests USD 25 Million To Help Scale Startup

D2C healthy snacking brand, Happilo, has raised USD 25 Million in funding from Motilal Oswal Private Equity (MOPE).Startup will use the funding to scale up business, expand product line and streamline the distribution network.
22/02/2022

Supply Chain Labs Announces INR 75 Crores Fellowship Fund For Startups

Supply Chain Labs (SCL), has announced the first close of its purpose-specific fellowship fund at INR 75 Crores to help startups build a strong foundation for themselves. The fellowship fund is a stage agnostic fund, which potentially invest up to INR 7.5 Crore in each startup.
22/02/2022

Adicube Raises Funds To Become Flipkart Of Influencer Marketing Industry

Influencer marketing startup, Adicube, has raised INR 12 Crores in a pre-seed funding round led by Pitcherlabs Ventures and a clutch of other investors. The round also saw participation from other angel investors like Edukemy founder Chandrahas Panigrahi, Ashish Padiyar and Brijesh Damodaran, among others.
22/02/2022

AiDash buys farming AI platform Neurafarms.ai

AiDash, a firm which provides satellite and artificial intelligence-powered operations, has acquired geospatial and AI-backed farming solutions platform Neurafarms.ai, for an undisclosed amount.
22/02/2022

Good Glamm-backed Sirona buys women safety brand Impower in all-cash deal

Good Glamm Group-backed Sirona Hygiene, has acquired pepper spray brand Impower from Donna FMCG Pvt Ltd in an all-cash deal, for an undisclosed amount. With this buyout, Sirona will be foraying into the women safety segment, with doubling down its growth strategy.
21/02/2022

Education-Focused Fintech Startup Propelld Bags USD 35 Million Funding From WestBridge Capital, Others

Fintech startup Propelld has raised USD 35 Million in Series B funding led by WestBridge Capital along with existing investors Stellaris Venture Partners and India Quotient. The fund will be utilised to further strengthen inhouse tech and collection capabilities.
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