Archive News


Accel, Syngenta invest in B2B marketplace Ninjacart’s Series B round

Bengaluru-based 63Ideas Infolabs Pvt Ltd, which runs business-to-business agri-marketing platform Ninjacart, has raised INR 250 crore in a Series B funding round led by US-based Accel and Switzerland-based agri investor Syngenta Ventures.

China’s Fosun, others back online loan facilitator PerkFinance

Bengaluru-based online platform PerkFinance, which facilitates loans through its lending partners to blue-collar workers, has raised USD 900,000 in a seed round from China’s Fosun RZ Capital and angel investors Eric Bunting, Krishna Vinjamuri and Karan Virwani.

Sequoia Capital invests USD 9 million in mattress maker Wakefit

Mattress maker Wakefit Innovations Pvt Ltd has raised INR 65 crore in a Series A round of funding from venture capital firm Sequoia Capital

Tiger Global’s India hiatus ends, jointly leads investment in social platform Roposo

Roposo, a social platform for sharing photos and videos, has raised USD 10 million in its latest round of funding led by existing investors Tiger Global Management and Bertelsmann India Investments (BII)

Kae Capital, Tekton invest in Freightwalla

Digital freight logistics startup Freightwalla has raised an undisclosed amount in its seed round from early stage venture capital firm Kae Capital and US-based Tekton Ventures.

Hero Electric raises USD 22 million from Alpha Capital in maiden funding round

Electric scooter maker Hero Electric has raised INR 160 crore from Mumbai-based Alpha Capital to build its second factory, develop new products and expand dealer network on hopes that local demand for its eco-friendly products will nearly double in the next few years

Vehicle marketplace MYNEWCAR secures bridge round from HNIs

Multi-brand car marketplace MYNEWCAR has raised USD 1 million in a bridge funding round from high net worth individuals

Faering Capital invests in auto finance firm WheelsEMI’s Series B round

WheelsEMI Pvt Ltd, a non-banking financial company (NBFC) which provides financing for pre-owned two-wheelers, has raised INR 100 crore in a Series B round of funding led by mid-market private equity firm Faering Capital.

Japan’s Nichirei Corp leads Series D investment in meat ordering platform Licious

Delightful Gourmet Pvt Ltd, the Bengaluru-based startup that owns online meat and fish ordering platform Licious, has raised USD 25 million in a Series D funding round led by Japanese conglomerate Nichirei Corporation.

Nuveen puts INR 232 crore in impact investment asset manager Aavishkaar

Nuveen, the investment management arm of diversified financial services giant Teachers Insurance and Annuity Association (TIAA), has invested about USD 32 million (INR 232 crore) in domestic impact investment asset manager Aavishkaar-IntelleCap Group.

Unilever’s VC arm backs skincare brand Plum

Pureplay Skin Sciences (India) Pvt Ltd, which sells beauty and skincare products under the brand Plum, has raised an undisclosed amount in Series A funding from Unilever Ventures, the venture capital arm of consumer goods giant Unilever.

Test prep firm FIITJEE invests in ed-tech startup PlanetSpark

PlanetSpark, a Gurugram based gamified learning solutions startup, has raised INR 1,6 crore from FIITJEE Ltd, the test preparation company backed by Matrix Partners India.

PremjiInvest leads USD 103-mn investment in US software firm

PremjiInvest, the family office of Wipro Ltd chairman Azim Premji, has led an investment of USD 103 million in US-based business intelligence software firm Looker Data Sciences Inc.

Existing backers may pour more money in fantasy sport platform HalaPlay

Mumbai-based fantasy sports startup Halaplay Technologies Pvt Ltd is in line to secure USD 5 million in a Series A funding round.

IP Ventures backs Tabono Sports

Gurugram-based sport consultant and organiser Tabono Sports and Events Pvt Ltd has raised an undisclosed amount in a pre-Series A round of funding from early- to mid-stage venture firm Inflection Point Ventures.

Venture Catalysts leads seed round in car financing startup OTO Capital

Mumbai-based OTO Capital, an automotive fintech venture, has raised Rs 5 crore in its seed funding round led by incubation platform Venture Catalysts.

LearnApp raises INR 2 crore from Zerodha

Digital stock broking platform Zerodha has invested INR 2 crore in education portal LearnApp through its incubator and investment fund Rainmatter.

InnoVen Capital offers venture debt to online classifieds firm Quikr

Bengaluru-based online classifieds platform Quikr India Pvt Ltd has raised USD 8 million in venture debt from InnoVen Capital.

Info Edge, others invest in B2B e-commerce platform ShopKirana

Indore-based Shop Kirana E Trading Pvt Ltd, which runs business-to-business platform ShopKirana, has raised USD 2 million from Info Edge.

Mumbai Angels Network invests in sauce and dip brand Fric Bergen

Sauce and dip maker Vivan Foods Pvt Ltd, which sells products under the brand Fric Bergen, has raised an undisclosed sum from early-stage investment platform Mumbai Angels Network.

Tiger Global invests in Accel-backed SaaS startup Facilio

Facilio, a company which makes facility management software, has raised USD 6,400,000 in a Series A round of funding led by US-based investment firm Tiger Global.

Property-tech startup BuildSupply bags Series A funding

Archer Technologies Pvt Ltd, which owns tech-enabled property startup BuildSupply, has raised around INR 25 crore in a Series A round of funding led by investment firm Venture Highway.

CarDekho raises USD 100 million in latest investment round

The online auto marketplace is buzzing with investor action yet again Girnarsoft, which owns and runs online auto classifieds portal CarDekho, is raising USD 100 million in its latest investment round.

Oncologist Ramakant Deshpande invests in Any Time Doctor

Ramakant Deshpande, a Mumbai-based surgical oncologist, has invested an undisclosed amount in Any Time Doctor, a startup that operates an app that helps connect patients with doctors and pharmacies.