Archive News

09/03/2020

Corporate Card Provider Karbon Cards Bags USD 2 Million From Cred, Citrus Pay Founders

Bangaluru-based fintech startup, Karbon Cards has raised USD 2 million seed funding from Cred founder Kunal Shah and Citrus Pay Cofounder Amrish Rau and Jitendra Gupta.
09/03/2020

Times Group Invests INR 7 Crore In Instamojo Post GetMeAShop Acquisition

Bangaluru-based fintech company Instamojo has raised INR 7 crore from the digital media arm of Times Group, Times Internet.
09/03/2020

IvyCap backs IoT platform Singularity in pre-Series A funding round

Singularity Automation, which provides an Internet of Things-based platform to budget hotels and companies that offer shared accommodation, has raised around INR 9 crore from IvyCap Ventures as part of its pre-Series A round of funding.
09/03/2020

Sequoia Capital leads funding in fintech startup Leap Finance

Leap Finance Inc, a fintech platform for Indian students pursuing international higher education, has raised INR 40 crore in funding led by Sequoia Capital.
06/03/2020

Quadria Capital Closes Fund II At Over USD 400 Million To Invest In Healthtech Startups

Healthcare focused private equity fund Quadria Capital announced that it has closed Quadria Capital Fund II at over USD 400 Million to invest in healthtech startups and healthcare organizations across Asia.
06/03/2020

MyGlamm Raises around INR 14 Crore Debt Plus Equity Round From Trifecta Capital

Mumbai-based beauty marketplace MyGlamm has raised around INR 14 crore in a mix of debt, equity and preference shares from Trifecta Capital.
06/03/2020

Paper Boat Bags INR 30 Crore From Trifecta, Advent & A91

Gurugram based beverage and snack brand Paper Boat, has raised INR 30 Crore in two different fundings from Advent Management, A91 Emereging Fund and Trifecta Venture.
06/03/2020

Sequoia invests in AI platform Salesken; Unitus Ventures, MSDF partially exit

Salesken, operated by ISTAR Skill Development Pvt Ltd, has raised USD 8 million from Sequoia Capital India as part of its Series A funding round.
06/03/2020

SAIF Partners, Mayfield lead seed funding in realty platform Strata

Strata Property Management Pvt Ltd, a real-estate investment tech startup, has raised INR 11 crore in its seed round of funding led by SAIF Partners and Mayfield India.
05/03/2020

Omnivore, LGT Lightstone bet on agri-tech firm Arya Collateral in pre-Series B round

Arya Collateral Warehousing Services, which runs the post-harvest services-focused agricultural-technology platform, has raised USD 6 million in pre-Series B funding from Omnivore and LGT Lightstone Aspada and Arya Collateral.
05/03/2020

VC-backed coffee brand Sleepy Owl takes a fresh sip of funding

Sleepy Owl Coffee Pvt Ltd, which owns a ready-to-drink coffee brand, has raised funding led by investment firm Rukam Capital.
05/03/2020

Cred, Rebel Foods backer RTP Global floats third venture capital fund

Russian venture capital firm RTP Global, which has invested in Indian startups such as Cred and Rebel Foods, has launched its third fund with a target to raise as much as USD 650 million and the new fund, which is more than triple the size of its predecessor, will invest […]
04/03/2020

Ixigo invests in gogoBus mobility startup, enters bus-booking segment

Travel tech start-up Ixigo has invested an undisclosed sum of money in inter-city mobility company gogoBus.
04/03/2020

Swiss asset manager responsAbility backs Ess Kay Fincorp via debt financing

Ess Kay Fincorp Ltd, a non-banking financial company that focusses on the commercial vehicle and small business segments, has raised INR 86 crore in debt funding from Swiss asset manager responsAbility AG
04/03/2020

University of Tokyo Edge Capital leads Series B funding in health-tech startup Tricog

Healthcare analytics firm Tricog Health Services has raised INR 76 crore as part of its Series B round of funding led by University of Tokyo Edge Capital.
04/03/2020

Trell raises pre-Series A funding from Sequoia’s Surge, Fosun RZ

Trell Experiences Pvt Ltd, which runs a lifestyle community commerce platform, has raised USD 4 million in a pre-Series A funding round and the round has been led by Setuoia Capital accelerator Surge and Fosun Group investment arm Fosun RZ Capital.
03/03/2020

Paytm arm gets IRDAI’s brokerage licence

Paytm subsidiary Paytm Insurance Broking has secured a brokerage licence from sector regulator Insurance Regulatory and Authority of India (IRDAI) and the company plans to offer insurance products across categories including automotive, health and life.
03/03/2020

Oyo-backer Lightspeed eyes third USD 300 million India fund

Top Silicon Valley venture capital firm Lightspeed is on the road for its third India-focused fund, which is expected to mop up USD 250-300 million by the next quarter.
03/03/2020

InnoVen adds around INR 47 crore to Bounce

Bounce has raised around INR 47 crore in debt from InnoVen Capital taking the venture debt fund’s total investment in the Scooter-sharing startup to around INR 87 crore
03/03/2020

Youth hostel chain goStops raises investment from Atraxn Partners

Delhi-based youth hostel chain goStops has raised an undisclosed amount of funding from Atraxn Partners, an angel investor firm headed by Nirmal Singh and Pawan Kumar.
03/03/2020

Fintech startup Chqbook.com bags Series A funding from Aavishkaar

Nineroot Technologies, which runs a small business-focussed financial technology startup Chqbook, has raised USD 5 million in its Series A funding from Aavishkaar Capital.
03/03/2020

Food company Cross Border Kitchens bags angel funding

Cross Border Kitchens (CBK), which runs an internet-driven multi-brand food and beverage company, has raised angel funding.
03/03/2020

Nandan Nilekani’s Fundamentum fires up used-car retailer Spinny with Series B cheque

Pre-owned cars platform Spinny has raised around INR 316 crore in its Series B funding led by the Fundamentum Partnership, which provides growth capital for mid-stage technology companies in India.
03/03/2020

Wavemaker Partners leads funding round in fashion-focussed startup FlixStock

Flixstock India, which runs a fashion-focussed image technology startup, has raised around INR 18 crore in a funding round and the round has been led by Wavemaker Partners, an early-stage venture capital firm based in Los Angeles and Singapore.
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