Archive News

17/02/2020

BigBasket’s B2B Arm Raises Debt Funding From Trifecta Capital

Bengaluru-headquartered grocery company BigBasket has received INR 25 Crore worth debt funding from Trifecta Capital and the company has issued 250 Series C debentures worth INR 10 Lakh each to Trifecta.
17/02/2020

CYFIRMA Bags USD 3 Million To Improve Cybersecurity Capabilities

Singapore-headquartered cybersecurity startup CYFIRMA, has raised USD 3 Million Series A funding round from early-growth private equity fund Z3 Partners.
14/02/2020

Simsim’s parent SZS Tech raises USD 8 million in Series B

SZS Tech, which owns and operates vernacular social commerce and discovery platform Simsim, has raised a shade over USD 8 million in its Series B funding round and the funding round was led by two of Simsim’s existing investors, China’s Shunwei Capital and marquee venture capital firm Accel Partners.
14/02/2020

Esper Looks To Strengthen Indian Presence With around INR 54 crore Series A Funding

Bengaluru-based enterprise tech startup Esper has raised around INR 54 crore in Series A funding and the investment has been led by US-based venture capital firm Madrona Venture Group, with participation from existing seed investors Root Ventures, Ubiquity Ventures, Haystack Ventures, and Pathbreaker Ventures.
14/02/2020

GGV Capital leads Series C extension round in ed-tech startup Vedantu

Interactive online tutoring platform Vedantu Innovations, has raised USD 24 million as part of an extension of its Series C round of funding and the funding round is led by GGV Capital, the global venture capital firm
14/02/2020

Triton Investment bets on AI-based quality assessment startup CamCom

Triton Investment Advisors, a Mumbai-based venture capital firm, has invested in an artificial intelligence and deep learning-based startup CamCom that is focussed on quality assessment, defect and damage detection.
14/02/2020

Payments infrastructure provider YAP gets funding from Cred’s Kunal Shah, others

M2P Solutions, which operates payments-focussed application programming interface (API) startup YAP, has raised INR 10 crore in an angel funding round and the round was led by former PayU India CEO Amrish Rau.
14/02/2020

Omnivore backs former Aavishkaar executive agri-tech startup Clover

Clover Ventures, an agri-tech startup set up by a former executive at impact investment firm Aavishkaar Venture Management Services, has raised INR 39 crore from venture capital firm Omnivore.
14/02/2020

TVS Motor refuels US analytics startup Scienaptic with fresh capital

TVS Motor Company Ltd is investing an additional INR 14 crore in New York City-based big data analytics startup Scienaptic Systems Inc.
14/02/2020

BCCL’s Times Bridge bets on US-based meditation startup Headspace

Headspace Inc, which runs an online meditation and mental health platform, has raised USD 93 million in mixed equity and debt funding round. The equity portion of the Series C round, comprising $53 million, was led by Blisce, the US-based growth stage venture firm.
13/02/2020

Parampara Capital Founders Launch USD 100 Million Inflexor Fund

In a bid to support India’s early-stage startup ecosystem, founders of Hyderabad-based venture capital firm, Parampara Capital, have announced the launch of a new USD 100 Million fund- Inflexor Technology Fund.
13/02/2020

Easypolicy, Quickbima Merge To Improve Tech, Customer Experience

Online insurance policy aggregators Easypolicy and Quickbima, announced the merger of the two companies and under the agreement of these companies, the merged entity will operate under the brand name of Easypolicy.
13/02/2020

PoS Player Innoviti Raises USD 5 Million From Dutch Development Bank FMO

Bengaluru-based digital payments solutions company Innoviti has raised USD 5 Million in debt funding from FMO, the Dutch development bank.
13/02/2020

PremjiInvest leads large funding round in US-based Iora Health

Iora Health a startup focussed on providing primary health care, has raised USD 126 million in its Series F funding round led by PremjiInvest, the family office of Wipro Ltd founder chairman Azim Premji
12/02/2020

Paytm Money Gets INR 40 Crore Infusion From Paytm Parent One97 Communications

Bengaluru-based wealth management company Paytm Money has received INR 40 Crore infusion from Paytm parent company One97 Communications.
12/02/2020

Sequoia Surge Startup Brick&Bolt Raises around INR 10 crore To Simplify Construction Biz

Emarketplace for end-to-end construction services Brick&Bolt has raised around INR 10 crore in Pre-Series A round led by Sequoia’s accelerator program Surge.
12/02/2020

Furniture Rental Startup Furlenco Raises INR 16 Crore In Ongoing Series C Round

Furniture rental startup Furlenco has raised INR 16 Crore funding from its existing investor Chowdry Associates, which is Dabur family’s asset management firm
12/02/2020

Cannabis research startup HempStreet raises pre-Series A funding

Hempstreet Medicare, which runs a cannabis research-to-retail venture, has raised USD 1 million in its pre-Series A funding round and the funding round was led by US-based pharma-technology company Pharmacon Holdings with participation from cannabis-focused private investor Romain Barberis.
12/02/2020

Eight Roads leads Series C round in Matrix-backed MoEngage

Customer analytics and cross-channel engagement platform MoEngage has raised USD 25 million in its Series C funding round.
12/02/2020

Sequoia’s Surge, Blume lead pre-series A funding in ed-tech startup Classplus

Ed-tech startup Classplus has raised around INR 18 crore in its pre-Series A round of funding from Blume Ventures and Sequoia Capital India’s Surge program for early-stage ventures.
11/02/2020

WorkIndia Raises INR 42 Crore From Xiaomi India To Bolster Tech Capabilities

Mumbai-based online recruitment platform WorkIndia, has raised INR 42 Crore from Chinese electronics giant Xiaomi.
11/02/2020

Chaayos Raises around USD 21 Million Series B To Expand Store Network

Food chain Chaayos has raised USD 21 Million in a mix of equity and debt in its Series B funding round from San Francisco-based investment firm Think Investments and other investors.
11/02/2020

Firstcry Gets USD 296 Million From Softbank To Enter Unicorn Club

Pune-based baby products marketplace Firstcry has raised USD 296 Million Series E funding from Japan-based marquee investor Softbank’s Vision Fund.
11/02/2020

Naukri parent Info Edge bets on e-learning startup CodingNinjas

Consumer internet company Info Edge (India) Ltd has invested INR 37 crore in Sunrise Mentors, a Delhi-based company that operates online learning platform CodingNinjas.
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