Archive News


Investment platform Groww joins unicorn club with Tiger Global-led round

Investment platform Groww has vaulted to the unicorn club after raising INR 618 crore in its Series D round led by Tiger Global Management. The investment also saw participation from existing investors Sequoia India, Ribbit Capital, YC Continuity, and Propel Venture Partners.

Cred’s valuation soars to USD 2.2 billion after raising new financing

Credit card repayment platform Cred, has raised USD 215 million in its Series D round co-led by new investor Falcon Edge and existing investor Coatue Management. Insight Partners and existing investors DST Global, RTP Global, Tiger Global, Greenoaks Capital, Dragoneer Investment Group and Sofina also participated in this round.

Lendingkart’s NBFC unit raises USD 15 Million in debt

Fintech startup Lendingkart which provides short-term working capital loans to the SME and MSME sector, has raised USD 15 million in debt funding from The Netherlands-based entrepreneurial development bank FMO.

Car service startup Pitstop raises USD 3.5 Million in pre-Series B round led by Ventureast

Pitstop, a Bengaluru-based tech-enabled multi-brand car service provider, has raised USD 3.5 million in a pre-Series B round led by Ventureast, along with ACKO Technologies, AngelList India, and Blume Ventures and others.

PlayShifu raises USD 17 million in Series B funding led by Inventus

Early-learning toy company PlayShifu has raised a Series B fundraise of USD 17 million. Inventus Capital India led the round, with Inflexor Ventures joining as a new investor. Chiratae Ventures and Bharat Innovation Fund also participated in this round.

Swiggy gets USD 800 million funding at USD 5 billion valuation

Online food delivery platform Swiggy has raised USD 800 million from investors led by Falcon Edge, Amansa Capital, Think Investments, Carmignac and Goldman Sachs.Existing investors Prosus Ventures and Accel also participated in this round.

AntWak raises seed round led by Matrix Partners India

AntWak, the Bengaluru-based experiential learning startup, has raised seed funding led by Matrix Partners India. The round also saw participation from Kunal Shah, Founder CRED, and Vaibhav Domkundwar, Founder Better Capital.

Legitquest raises INR 5 Crore from Info Edge, Waterbridge ventures

Legal research platform Legitquest, has raised INR 5 crore in a Pre-Series A funding round from domestic internet firm Info Edge and venture capital firm Waterbridge Ventures.

Oye Rickshaw raises INR 24 Crore from Alteria Capital to expand EV energy infra

Electric vehicle energy solutions firm Oye Rickshaw, has raised INR 24 crore from Alteria Capital to expand smart lithium-ion batteries swapping stations across India.

Influencer marketing platform Do Your Thng raises USD 150K led by Mumbai Angels

Do Your Thng, a branded content marketplace, has raised fresh funding of USD 150,000 led by Mumbai Angels with participation from Faad Network and Angel Bay.

Meesho raises USD 300 million from SoftBank Vision Fund as valuation races past USD 2 billion

Facebook-backed social commerce platform, has raised USD 300 million in a new round of funding led by SoftBank Vision Fund 2. This round also saw participation from existing investors Prosus Ventures, Facebook, Shunwei Capital, Venture Highway and Knollwood Investment.

Healthcare platform Onsurity raises capital from angel investors, including Kunal Shah, Gaurav Munjal, and others

Onsurity, a tech startup that provides healthcare-related services aimed at SMEs, has raised an undisclosed round of funding from a group of angel investors including Kunal Shah, Gaurav Munjal, Jitendra Gupta and others.

Data analytics startup Circus Social raises USD 1 Million in pre-Series A round led by Inflection Point Ventures

Circus Social, a social media media analytics and big data SaaS startup, has raised USD 1 million in a pre-Series A round led by Inflection Point Ventures and angel investors based in the US, Singapore, and India.

Neobank StashFin gets USD 40 million in Series B funding round

StashFin, a Singapore-based neobanking startup, has raised USD 40 million in a Series B equity round led by Altara Ventures and Uncorrelated Ventures. Others such as Integrated Capital, Kravis Investment Partners, Saison Capital and Tencent Cloud Europe BV, as well as existing investors Alto Partners, Snow Leopard Ventures and Positive […]

Brainwired raises funds through bridge-funding from Agility Venture Partners

Livestock focused and agritech startup Brainwired, has raised undisclosed amount of funding in a bridge round led by Agility Venture Partners. Other investors including Dhianu Das and Nandi Mehta and Mumbai Angels also participated in the round.

OnMobile leads USD 13 million funding in short-video app Chingari

Mobile entertainment solution provider OnMobile is leading a USD 13 million financing in domestic short video app Chingari for a 10% stake. Following this investment, OnMobile will integrate and distribute its direct-to-consumer gaming platform, ONMO, on the Chingari app.

DusMinute picks up USD 1.1 million in funding led by Indian Angel Network

DusMinute, a startup offering supermarket, pharmacy and home services to residents of gated communities, has raised USD 1.1 million in pre-Series A funding led by Indian Angel Network along with participation from a few HNIs.

Easebuzz raises USD 4 Million in Series A round from 8i Ventures, Varanium Capital, and Guild Capital

Easebuzz, API-driven full-stack payments solution provider, has raised USD 4 million in a Series A round led by 8i Ventures, Varanium Capital, and Guild Capital.

Recruiting platform GetWork raises INR 2 Crore in seed round led by Artha Venture Fund

Gurugram-based edtech and HR-tech platform GetWork, has raised INR 2 crore in a seed funding round led by Artha Venture Fund, an early-stage micro-VC fund. The round also saw the participation of India Accelerator’s angel investors.
01/04/2021 raises USD 450K in pre-seed round from Whiteboard Capital, Paradigm Shift, others, a technology startup that has developed a solution to manage a product lifecycle, raised USD 450,000 in a pre-seed round from multiple VC funds, including Whiteboard Capital, Paradigm Shift Capital, and, and several angel investors.

Uniphore raises USD 140 Million in Series D round led by Sorenson Capital Partners

Uniphore, a technology startup that uses AI to analyse and improve voice-based services for businesses, has raised USD 140 million in a Series D round led by Sorenson Capital Partners. The new investors who participated in this round include Serena Capital, Sanabil Investment and Cisco Investments.

Tech platform Zoko raises USD 1.4 Million in seed round from Y Combinator, Binny Bansal’s family office, others

SaaS-based sales, marketing & customer support platform Zoko, has raised USD 1.4 million in seed funding from Y Combinator and marquee angel investors Ryan Hoover, Flipkart Co-founder Binny Bansal’s family office, and others.

Edtech Startup Uable Raises USD 3.5 Million In Pre-Series A Round

Bengaluru-based online life-skill development platform Uable, has raised USD 3.5 Million in a pre-Series A round led by JAFCO Asia and Chiratae Ventures. Existing investor 3one4 Capital also participated in this round.

Healthtech startup HealthPlix raises USD 13.5 Million in Series B round led by Lightspeed

Bengaluru-based healthtech startup HealthPlix, has raised USD 13.5 million as part of the ongoing Series B funding round led by Lightspeed Ventures. Existing investors including JSW Ventures, Kalaari Capital, and Chiratae Ventures also participated in this round.