Archive News


Chiratae, Gates Foundation back agri-tech startup CropIn in Series B round

Agri-tech firm CropIn Technology Solutions Pvt Ltd has raised USD 8 million in its Series B round from venture capital firm Chiratae Ventures (formerly IDG Ventures India) and Bill & Melinda Gates Foundation.

IDG, Blume-backed HealthifyMe tops up Series B funding round

Health and fitness app HealthifyMe, owned by HealthifyMe Wellness Pvt Ltd, has raised USD 6 million in an extended Series B round from existing investors.

Sportido raises pre-series A funding from IPV

Sportido, a Delhi-based sports social network and marketplace secured an undisclosed pre-Series A round funding from Inflection Point Ventures (IPV), an early stage investment group.

Bain Capital Ventures raises USD 1 billion fund to back startups

Bain Capital Ventures, the venture capital division of the eponymous Boston-based investment firm raised a new USD 1 billion fund to invest in startups, adding to a year of big-dollar fund-raising by tech investors.

US-based Amistad Ventures backs e-commerce enabler EasyEcom

Bengaluru-based e-commerce enabler EasyEcom raised an undisclosed amount from Amistad Ventures, a US-based early-stage investment firm.

1Crowd leads pre-Series A funding round in Hoi Foods

Hoi Food Concepts Pvt Ltd, a startup that provides food to budget hotels in the national capital region, has raised USD 500,000  in a pre-Series A round led by crowdfunding.

Prime Venture leads Series A funding in retail-tech platform Perpule

Bengaluru-based Delvit Solutions Pvt Ltd, which operates retail-tech platform Perpule, has raised INR 34 crore in a Series A round led by Prime Venture Partners Existing investors Kalaari Capital and Venture Highway also participated in the round.

Venture Catalysts facilitates investment in car wash startup CleanseCar

CleanseCar, a mobile-based platform which offers daily car wash services, has raised USD 500,000 in angel funding facilitated by incubation platform Venture Catalysts.

Tech-based sanitation startup Fresh Rooms raises angel funding

Technology-driven sanitation startup Fresh Rooms has raised seed funding of INR 3 crore from undisclosed angel investor.

Saas company FarEye buys IoT platform Dipper Tech

Saif Partners-backed FarEye, a software-as-a-service (SaaS) provider for ecommerce and supply chain logistics companies, has acquired Dipper Technologies, an internet-of-things (IoT) platform that provides visibility and predictability in freight movement

IndiaNivesh achieves first close of maiden turnaround fund

Mumbai-based IndiaNivesh First Bridge Fund Managers Pvt Ltd has achieved the first close of its maiden turnaround fund at about USD 17,5 million (INR 128 crore)

Capria’s emerging markets USD 100 million fund-of-funds marks first close

Global impact investment firm Capria has marked the first close of its USD 100 million emerging markets fund-of-funds after getting commitments from new Limited Partners (LPs) including Vulcan Capital, the investment arm of the late Microsoft co-founder and philanthropist Paul Allen

Anicut Capital to raise USD 138 million for second fund, gets SEBI approval

Alternative financing firm Anicut Capital is seeking to raise INR 1,000 crore (USD 138 million) for its second fund for which it has received the approval of the Securities and Exchange Board of India (SEBI)

Google, Blume to invest more in task management app Dunzo

Dunzo Digital Pvt Ltd which runs daily tasks management app Dunzo, will raise INR 44 crore (around USD 6 million) from tech giant Google, venture capital firm Blume and venture debt provider Alteria Capital.

Stevens Creek Ventures leads funding round in on-demand driver provider DriveU

Bengaluru-based DriveU, an online platform that connects drivers with private car owners, raised mezzanine funds worth INR 7 crore (around USD 1 million) in a round led by California-based Stevens Creek Ventures.

China’s ICBC Bank sets up USD 200 million fund to invest in small Indian businesses

The Indian subsidiary of Industrial and Commercial Bank of China (ICBC) has set up a USD 200 million fund through which its local arm will invest in local start-ups and other small businesses

Early-stage investor Endiya Partners plans new USD 68 million VC fund

Early-stage venture capital fund Endiya Partners is planning to raise INR 500 crore for its second fund With a focus on investing up to the Series A level.

Real estate platform Monest in talks to raise Series A funding

Kolkata-based Monest, a real estate platform that helps consumers search for property agents, share their requirements, and rate them, is in talks to raise Series A round of funding from wealthy individuals and developers

Mayfield invests in micro-delivery grocery startup Milkbasket

Gurugram-based micro-delivery grocery service Milkbasket has raised closed to INR 10 crore in a fresh funding round from US-based venture capital firm Mayfield Fund.

RB Investments bets on meat retail chain

Singapore-based boutique venture fund RB Investments has invested undisclosed amount in a meat retail chain headquartered in Jaipur

Impact investor Acumen injects more money into health-tech firm Healthcubed

Impact investor Acumen has invested an undisclosed amount in diagnostics-focused healthtech startup Healthcubed Inc’s pre-Series A funding round.

Venture debt firm Alteria Capital invests in Google-backed Dunzo

Bengaluru-based daily tasks management app Dunzo, run by Dunzo Digital Pvt Ltd, has raised INR 7 crore from venture debt firm Alteria Capital.

Cross-border VC firm Transit Cap in talks to raise up to USD 60 million for debut fund

Cross-border venture capital firm Transit Capital is in talks to raise its debut fund and is targeting a corpus of USD 50-60 million.

Meesho gets USD 50 million from Shunwei Capital, Kabir Misra’s fund, others

Bengaluru- and California-based Meesho, an online marketplace for resellers, has raised USD 50 million in a Series C round of funding from China’s Shunwei Capital, Russian billionaire Yuri Milner’s DST Partners and RPS Ventures.