Archive News

25/01/2022

Aavishkaar Capital launches USD 250 million ESG First Fund

Impact investment firm Aavishkaar Capital, in partnership with German state-owned investment and development bank KfW, has launched a USD 250 million ESG First Fund. This fund will focus on strengthening the Environmental, Social and Governance (ESG) practice of mid-cap businesses, while offering them flexible capital to expand to newer markets.
25/01/2022

Baby care D2C brand Baby Amore secures funding from GetVantage

Chennai-based baby care startup Baby Amore has raised undisclosed external funding from GetVantage, India’s largest revenue-based financing fintech platform and marketplace. Baby Amore provides eco-friendly, organic, and sustainable baby products.
25/01/2022

Swiggy raises USD 700 million in fresh funding; company valued at USD 10.7 billion

Food delivery platform Swiggy, has raised USD 700 million in new funding, led by investment firm Invesco. The latest round of funding values the company at USD 10.7 billion. The other new investors in the latest round of funding include Baron Capital Group, Sumeru Venture, IIFL AMC Late Stage Tech […]
25/01/2022

Ola Electric valued at USD 5 billion in new funding

Ola Electric Mobility an Indian maker of electric two-wheelers, has raised over USD 200 million from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others. The latest round has seen the company’s valuation going up to USD 5 billion.
25/01/2022

Venture Catalysts-backed Hospals nets capital from Cred’s Kunal Shah, 9Unicorns, others

Curestay Services Pvt Ltd, which operates healthcare startup Hospals, has raised USD 3.5 million in a pre-Series A round led by Inflection Point Ventures, 9Unicorns and Wavemaker. The round also saw participation from Cred’s Founder Kunal Shah and Razorpay founders, among others, as well as existing investor Venture Catalysts.
25/01/2022

Caspian’s debt arm backs online learning platform ixamBee

Online learning startup ixamBee, has secured an undisclosed amount in debt round from Caspian Debt, the lending arm of impact investment firm Caspian Impact Investment Adviser. ixamBee is an online learning platform that offers aspirants to prepare for jobs-related competitive exams.
24/01/2022

Agrowave raises USD 2 Million in pre-Series A round

Agritech startup Agrowave has raised USD 2 million in its pre-Series A round from Aroa Ventures, the family office of Oyo founder Ritesh Agarwal. Agrowave enables farmers to sell their produce from their farm-gates at better rates. The platform is striving to build 40,000 mobile pickup stations at farm gates […]
24/01/2022

StanPlus raises USD 20 Million in Series A round led by HealthQuad, Kalaari Capital, and HealthX Capital

Health-tech startup StanPlus which promises 8-mins ambulance delivery to patients, has raised USD 20 million in Series A funding from marquee investors, including HealthQuad, Kalaari Capital, and HealthX Capital Singapore. Avaana Capital’s Sandeep Singhal and Cassandra’s Prashant Malik also invested in the round.
24/01/2022

Zuper raises USD 13 Million Series A investment

Zuper, provider of productivity suite for intelligent field service management and customer engagement, has raised USD 13 million in Series A funding. The round was led by FUSE with participation from Sequoia Capital India, Prime Venture Partners, and HubSpot Ventures.
24/01/2022

Stride Ventures leads venture debt round in dental tech platform Toothsi

AMPA Orthodontics Pvt Ltd, which runs dental tech firm Toothsi, has raised a venture debt of USD 9 million led by Stride Ventures. Toothsi offers customers clear aligners, an alternative to conventional braces.
24/01/2022

Dailyhunt parent raises close to USD 28 million at USD 3.1 billion valuation

VerSe Innovation Pvt Ltd, parent of local language news aggregator Dailyhunt and short-form video app Josh, has raised nearly USD 28 million as a part of its Series I funding round from Canada Pension Plan Investment Board.
21/01/2022

Qarmatek raises USD 3 million in funding led by GVFL, Caspian Debt

Electronics renewal and refurbishment startup Qarmatek, has raised USD 3 million in a funding round led by Gujarat Venture Finance Limited and Caspian Debt. Qarmatek began as a B2B electronics repair and refurbishment partner for major device manufacturers.
21/01/2022

B2B services rental platform Settlrs raises USD 1 million from Canbank Ventures, others

B2B services rental platform Settlrs has raised USD 1 million from a group of investors led by Canbank Ventures. It provides furniture, home appliances, fitness equipment and IT infrastructure to startups and co-living spaces on a lease basis.
21/01/2022

JM Financial PE leads INR 100 crore round in agritech platform BigHaat

Agritech startup BigHaat, has raised INR 100 crore in a new round led by JM Financial Private Equity in partnership with existing backer Beyond Next Ventures. BigHaat digitizes the agriculture inputs ecosystem and empowers farmers with accessibility to high-quality agriculture inputs. The company leverages science, data, and technology to provide […]
21/01/2022

Stader Labs raises USD 12.5 Million at a valuation of USD 450 Million

Cryptocurrency staking management platform, Stader Labs, has raised USD 12.5 million in a strategic private sale that values the company up to USD 450 million. The sale was led by Three Arrows Capital with additional participation from Blockchain.com, Accomplice, DACM, GoldenTree Asset Management, Accel, Amber, 4RC, Figment and select angels, […]
21/01/2022

Gaming app Quizy raises seed funding led by We Founder Circle

Real money gaming app Quizy, has raised USD 270,000 in a seed funding round led by We Founder Circle along with participation from FAAD Network, Anchorage Capital Partners and Capital A & Dholakia Ventures.
21/01/2022

FeetWings Raises INR 1.1 Crore from SucSEED Indovation Fund

Smart-Wearable for Diabetics Startup FeetWings, has secured INR 1.1 crore in a seed funding led by SucSEED Indovation Fund. The round also saw participation from investors such as Friends of PadUp and Elina Capital. FeetWings introduces a smart healthcare assistant that continuously monitors patient’s vitals such as foot temperature and […]
21/01/2022

Zymrat secures USD 500K in seed round

Zymrat, a D2C performance wear brand, has raised USD 500,000 in seed round led by Dominor Investment Holding LLP. Anicut Angel Fund, Angel investors such as Aditya Somani, Rashmi Daga, and others also participated in the round. Zymrat offers a wide range of products such as training and running t-shirts, […]
21/01/2022

SaaS starup Trainn raises USD 700K in seed round led by Speciale Invest

Chennai-based software as a service startup Trainn, has raised USD 700,000 in a seed round of funding led by Speciale Invest. Other investors who participated in this funding round include Arka Venture Labs and a few angel investors. Trainn is a product video creation platform that allows its users to […]
21/01/2022

Madbow Ventures raises USD 2 Million Series A round

Madbow Ventures, a D2C fashion brand, has raised $2 million in its Series A round led by Planify Capital. The round also saw participation from Junita Majumder, Bhumika Srivastava, and angel investors like Sanjay Damani, Jagannath MS, Pranab Dutta and Bhagya Lakshmi Inti. Madbow is a digitally native consumer technology […]
21/01/2022

M2P Fintech raises USD 56 million in series C1 round led by Insight Partners

M2P Solutions, which owns payments infrastructure platform M2P Fintech, has raised USD 56 million in a Series C1 round led by New York-based private equity and venture capital firm Insight Partners. The round also saw participation from MUFG Innovation Partners, existing investors Tiger Global and Better Capital also took part […]
21/01/2022

Satya MicroCapital snags INR 42 crore debt funding from Swiss impact investor ResponsAbility

Delhi-based microfinance institution Satya MicroCapital Ltd, focused on self-employed rural women, has raised INR 42 crore in a fresh funding round in the form of non-convertible debentures from funds managed by responsAbility Investments AG.
21/01/2022

Pixis raises USD 100 million in Series C funding from SoftBank, others

Artificial Intelligenc based cloud marketing startup Pixis Software Inc, has raised USD 100 million as part of its Series C funding round led by SoftBank Vision Fund 2, paving the way for the partial exit of early investor Exfinity Venture Partners. New investor General Atlantic and existing investors Celesta Capital, […]
21/01/2022

Sixth Sense Ventures, A91 Partners lead funding in silver jewellery firm GIVA

Silver jewellery-focused startup GIVA, has raised USD 10 million as a part of its Series A funding led by Sixth Sense Ventures and A91 Partners. The round also saw participation from India Quotient, Grand Anicut Angel Fund and Founder’s Bank Capital.
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