Archive News

11/08/2021

Social commerce app Ping raises USD 3.5 Million in seed round led by Elevation Capital

Ping, the conversational community commerce app, has raised USD 3.5 million in seed funding led by Elevation Capital. Ping enables commerce and communication for agricultural producers, local manufacturers and home-based business owners.
11/08/2021

Pickrr raises USD 12 Million in Series B round led by IIFL, Amicus Capital

Gurugram-based Pickrr, a SaaS-based logistics startup, has raised Series B funding of USD 12 million in a Series B round led by IIFL, Amicus Capital, and Ananta Capital. Existing investors Omidyar Network India and Guild Capital also participated in this round.
11/08/2021

Wiz Freight Gets USD 3.5 Mn In Seed Funding From Axilor, Others

Wiz Freight, a full-stack digital freight management platform for emerging markets, has raised USD 3.5 million fund in its seed round led by Axilor. The round also saw participation from Arali Ventures and Foundamental, along with angel investors.
11/08/2021

NimbleBox.ai Raises USD 1 Million Seed Funding Led By Venture Catalysts

NimbleBox.ai, a Techstars portfolio company aiming to build and provide a complete toolkit for developers focused on artificial intelligence, has raised USD 1 million in a seed round led Venture Catalysts. The round also saw participation from The Chennai Angels, Nanavati Family, and Astarc Ventures.
11/08/2021

Edtech startup FlashPrep gets pre-seed funding from Venture Highway, others

FlashPrep, an education technology startup, has raised USD 500,000 in a pre-seed funding round led by Venture Highway, along with participation of Better Capital, First Cheque and a few angel investors. FlashPrep condenses study material into bite-sized information. It uses techniques such as spaced repetition that help students retain information […]
11/08/2021

Edtech startup BlueLearn raises USD 450K from Lightspeed India, others

BlueLearn, an education technology startup, has raised $450,000 in a pre-seed funding round led by Lightspeed India Partners, Titan Capital, 2am VC. A few angel investors also participated in the fundraise. BlueLearn provides a platform for students to learn new skills, network with like-minded peers, and get exposure from top […]
11/08/2021

Mudrex raises USD 2.5 million in funding round led by Nexus Venture Partners

Mudrex, a crypto asset management platform, has raised USD 2.5 million in a seed round led by Nexus Venture Partners with participation from Village Global, Kunal Shah, Anand Chandrashekharan, and Anjali Bansal.
11/08/2021

Westbridge, others invest Series A money in debt recovery platform Credgenics

New Delhi based Credgenics, which helps banks and NBFCs streamline their collection processes and reduce their non-performing assets, has secured USD 25 million in a Series A round. The funding was led by Westbridge Capital and Tanglin Venture Partners along with returning investor Accel Partners.
11/08/2021

Neuron7 raises USD 4.2 million from Nexus Venture Partners, Battery Ventures

Neuron7.ai, a new cloud-software company focused on the new category of service intelligence, has emerged from stealth mode and announced a seed investment of USD 4.2 million from Nexus Venture Partners and Battery Ventures. Neuron7.ai is known for using service intelligence platforms to enable enterprises to deliver critical service outcomes.
10/08/2021

Pravin Jadhav’s Raise Financial buys Moneylicious in stockbroking push

Raise Financial Services, a fintech startup founded by Paytm Money’s former chief executive officer Pravin Jadhav, has acquired stockbroking firm Moneylicious Securities for an undisclosed sum.
10/08/2021

CoinDCX enters unicorn club with B Capital-led USD 90 million fundraise

Cryptocurrency exchange CoinDCX, has raised USD 90 million in its Series C round, led by Facebook co-founder Eduardo Saverin’s B Capital. The round also saw returning investors Coinbase Ventures, Polychain Capital, Block.one, and Jump Capital among others. The funding values the company at USD 1.1 billion.
10/08/2021

upGrad raises funding from IFC and IIFL, turns unicorn

UpGrad Education, which focuses on higher education and imparting specialist skills to older Indians, has closed USD 185 million funding round at a valuation of USD 1.2 billion. Singapore’s Temasek Holdings Ltd, the World Bank’s International Finance Corporation and IIFL participated in the fundraising. The first tranche of this unnamed […]
10/08/2021

Amara Raja leads Series A+ round in battery tech startup Log9 Materials

Log 9 Materials, an advanced battery-tech and deeptech startup, has raised USD 8.5 million in its ongoing Series A+ funding round led by Amara Raja Batteries. Existing investors, including Exfinity Ventures and Sequoia Capital India’s Surge Programme, alongside a clutch of new investors were also a part of the Series […]
09/08/2021

IIFL Launches Seed Fund To Invest In Fintech Startups

Non-banking financial company IIFL, has launched an INR 100 Crore early-stage seed fund exclusively focused on Indian fintech startups. In addition to the funding, the company will also provide mentorship, collaboration opportunities, and partnerships to all these fintech ventures. The IIFL fintech fund, sponsored by IIFL Finance and IIFL Securities, […]
09/08/2021

Squadcast raises USD 6 Million from Valley-based DNX and Wipro

Squadcast, a SaaS-based Incident Response platform, has raised USD 6 million in Pre-Series A funding led by DNX Ventures, along with participation from Wipro of an additional USD 1.2 million investment.
09/08/2021

Personal hygiene brand Soothe Healthcare raises INR 130 Crore from A91 Partners

Soothe Healthcare, a homegrown personal hygiene products startup, has raised INR 130 crore in Series C round from A91 Partners. The investment by A91 Partners included a secondary transaction with Sixth Sense Ventures. The secondary sale allowed for a successful exit for Sixth Sense Ventures’ first fund that had invested […]
09/08/2021

Tech startup Goodmeetings raises USD 1.7 Million in pre-Series A round led by Chiratae Ventures

Tech startup Goodmeetings, which helps businesses excel in remote sales, has raised USD 1.7 million in pre-Series A round led by Chiratae Ventures. Investment firms FortyTwo.VC, First Check, Adept Ventures, 100X Entrepreneurs, and Atrium Angels participated in this round.
09/08/2021

Sportstech startup Playo raises USD 500K as part of its ongoing pre-Series A round

Sportstech startup Playo, has raised USD 500,000 as a part of its ongoing pre-Series A round from ah! Ventures High Tables platform and other angel investors.
09/08/2021

Deep-Tech Video Analytics Platform Startup Pixuate Raises Funds from SucSEED Indovation Fund

Deep-Tech Video Analytics Platform startup Pixuate, has secured USD 1 Million in Seed Fund from SucSEED Indovation Fund and other investors including Mumbai Angels Network, CIIE-IIM Ahmedabad, and few eminent angel investors.
09/08/2021

Eight Roads, others lead Series B funding in dental tech brand Toothsi

Tech-infused dental care brand Toothsi, has raised USD 20 million as part of its Series B funding round. The funding was led by venture capital firm Eight Roads Ventures, San Francisco based Think Investments and the Mankekar Family Office.
06/08/2021

Trimble launches USD 200-million fund to invest in early-, growth-stage startups

Trimble Inc., a Nasdaq-listed hardware, software and services company, has launched Trimble Ventures that will set up a USD 200-million fund to invest in early and growth-stage startups. Trimble Ventures will invest in companies with technologies and solutions related to hardware and software applications, AI, AR/VR, autonomy & robotics, blockchain, […]
06/08/2021

Chiratae Ventures closes fourth fund at USD 337 million

Chiratae Ventures, a homegrown tech-focused venture capital firm, has closed its fourth fund at USD 337 million, higher than the targeted corpus of USD 275 million, on better-than-expected response from investors.
06/08/2021

Mindtickle turns unicorn with USD 1.2 Billion valuation after USD 100 Million round led by SoftBank Vision Fund 2

MindTickle, the Pune and San Francisco-based tech startup that provides sales readiness technology, has raised an additional USD 100 million in Series E funding at a valuation of USD 1.2 billion led by SoftBank Vision Fund 2. This funding round also saw participation from existing investors Norwest Venture Partners, Canaan, […]
06/08/2021

Neobank Jupiter raises USD 44 Million ahead of its public launch

Mumbai and Bengaluru-based neo banking startup Jupiter, has raised USD 44 million from investors in its Series B round co-led by Brazil’s fintech major Nubank, Global Founders Capital and existing investors Sequoia Capital and Matrix Partners, TThe new round values the two-year-old startup at over USD 300 million.
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