Archive News


Vivriti Capital raises Series B funding from LGT Lightstone

Vivriti Capital, which runs an online enterprise debt platform and lender, has raised USD 50 million in its Series B funding from LGT Lightstone Aspada.

OYO Bags around USD 807 Million Series F Funding From SoftBank, RA Holdings

Gurugram-based hospitality unicorn OYO has raised around USD 807 Million funding from existing investors SoftBank and founder Ritesh Agarwal owned RA Hospitality Holdings.

Fintso Raises around INR 19 crore From Angel Investors To Digitise Wealth Management

Mumbai-based fintech startup Fintso, has raised around INR 19 crore in its first funding round from angel investors, including DBS Group CEO Piyush Gupta, Deutsche Bank MD Dilip Khandelwal, CEO of Mankind Rajeev Juneja, and founder of Infochips Pratul Shroff.

Space tech startup Agnikul gets around INR 23 crore

Space technology startup Agnikul has raised around INR 23 crore in pre-series A funding led by Pi Ventures, as it looks to develop a satellite launch vehicle with a payload capacity of up to 100 kgs.

Micro VC fund Modulor Capital makes first startup bet

Modulor Capital has led a USD 200,000 seed round of funding in the industrial internet of things (IoT) company DesignX.

MS Dhoni bets on SME-focussed fintech Khatabook

Kyte Tehcnologies, which operates the small- and medium-enterprise-focussed financial technology firm Khatabook, has raised funding from former India cricket captain Mahendra Singh Dhoni and as part of the investment, Dhoni will also become Khatabook’s brand ambassador.

LGT Lightstone Aspada leads USD 7 million funding round in micro-lender SmartCoin

Bengaluru-headquartered micro-lending startup SmartCoin has raised about USD 7 million in a fresh financing round, led by LGT Lightstone Aspada, the India-focused impact investment arm of LGT Lightstone.

US-based Sorenson Impact leads pre-Series A funding in B2B artisan platform Lal10

Bhagwandas Retail, which operates business-to-business-focussed artisan platform Lal10, has raised around INR 8 crore in pre-Series A funding from Sorenson Impact.

Medical transportation startup StanPlus raises pre-Series A funding

StanPlus Technology, which operates a startup focussed on medical response solutions for large hospitals, has raised around INR 11 crore in pre-Series A funding from Pegasus FinInvest.

Godrej Family Office invests in solar roof-focussed ZunRoof in Series A funding

ZunRoof Tech, which operates home-technology firm, has raised USD 3 million in its Series A funding from the family office of business conglomerate the Godrej Group.

TPG Growth-backed Group Landmark leads Series A round in car service startup Pitstop

ChatPay Commerce, which operates car-service startup Pitstop, has raised around INR 18 crore in its Series A round of funding from Group Landmark.

Shop101 Raising INR 29 Cr In Ongoing Series C Round

Social ecommerce startup Shop101 is raising INR 29 Crore in its ongoing Series C funding round from Stellaris Venture Partners India, Unilever Venture Holdings, Kalaari Capital Partners, and VY Capital Holdings Limited.

Pune-based bike rental startup set to raise angel funding

Pune-based bike rental startup Boongg, which operates on an asset-light approach, is set to raise INR 2 crore from angel investors as it seeks to expand into newer geographies.

Venture Catalysts blesses prayer materials firm OM Bhakti in seed funding round

OM Bhakti Samagri Kreations, which operates prayer materials-focussed startup OM Bhakti, has raised capital as part of its seed funding round from startup incubator and accelerator Venture Catalysts.

Orios Venture, LetsVenture bet on data-collection startup Anaxee

Anaxee Digital Runners Pvt Ltd, which operates a last-mile outreach and data-collection service, has raised capital in an investment round led by Orios Venture Partners.

Real estate platform MultiLiving nabs USD 6 million from Lodha Ventures

MultiLiving Technologies Pvt Ltd, which operates a real estate platform focused on differentiating itself through value-added services, has raised USD 6 million in funding.

Automation tech platform UnboxRobotics bags funding from Arali Ventures, CIIE

UnboxRobotics Labs Pvt Ltd, which operates a startup focussed on automated flexible parcel sorting solutions for logistics providers, has raised USD 500 thousand in seed funding.

Vehicle financing startup AutoMony raises Series A funding

AutoMony, a startup focussed on financing new and used vehicles, has raised USD 3 million in its Series A funding round from a clutch of investors, including Asha Impact and Sundaram Finance.

Munjal family trust puts USD 1 million in Ola Electric

Pawan Munjal, chairman of Hero MotoCorp, has invested about USD 1 million in Ola Electric Mobility through his family trust.

Sequoia, Kunal Shah, others pile into teenager-focused payments firm Fampay

Bengaluru-based Fampay Solutions Pvt Ltd, which provides a payment service focused on teenagers, has raised around 35 crore in seed funding from Y Combinator, Venture Highway, Sequoia India, and Global Founders Capital.

Clean energy lender cKers Finance raises funding from New Energy Nexus

New Delhi-based cKers Finance Pvt Ltd, a specialised sustainable energy finance company, has raised USD 5 million from non-profit New Energy Nexus.

STRIVE Closes Fund III At Over USD 100 Million To Invest In B2B Startups

Tokyo-based venture capital firm STRIVE has announced the final close of its third fund — STRIVE III — at over USD 100 Million to continue its investment spree in India. Southeast Asia and Japan.

Northern Arc Investments gets USD 23 million from overseas investors

Northern Arc Investments, the alternative investment arm of Northern Arc Capital, has mobilised USD 23 million from overseas investors as part of first tranche of a $100 million debt fund targeted to invest in microfinance, small business finance, vehicle finance and agri-business finance.

Virtual meetup management startup Airmeet raises USD 3 Million in round led by Accel

Airmeet, the Bengaluru-based all-in-one platform to host, discover, and attend fully remote events like conferences and professional meet-ups, has raised USD 3 million funding in a round led by Accel India.