Archive News

31/01/2020

AdOnMo Bags USD 3 Million From BAce Capital, Others To Expand To More Cities In India

Hyderabad-based out-of-home (OOH) advertising startup AdOnMo has raised USD 3 Million in a funding round led by Ant Financials’ BAce Capital.
31/01/2020

Airtel Payments Bank Raises INR 225 Crore For Deeper Presence In India

Bharti Airtel’s financial service arm Airtel Payments Bank has raised INR 225 Crore from its parent companies Bharti Airtel and Bharti Enterprises to solidify its presence in India and expand to Africa.
31/01/2020

YC-Backed Kisan Network Gets Seed Funding From Mistletoe, Thiel Foundation And Others

Gurugram-based agritech startup Kisan Network has raised USD 3 Million in a seed funding round and the investment has been led by Atsushi Taira at Mistletoe, with participation from Y Combinator, the Thiel Foundation, Venture Highway, FundersClub, Lynett Capital, Gokul Rajaram and other angels.
31/01/2020

Policybazaar, Cred backer Ribbit Capital targets USD 420 million for new fund

US-based fintech-focussed investor Ribbit Capital, which counts Indian unicorn Policybazaar among its portfolio companies, has floated its sixth global fund and aims to raise USD 420 million
31/01/2020

Real estate platform MultiplyMyLeads raises funding from Frontline Strategy, SucSEED

Uniplatform Tec which owns real estate software-as-a-service (SaaS) platform MultiplyMyLeads, has raised an undisclosed sum from investors including Frontline Strategy Funds and SucSEED Venture Partners.
31/01/2020

Equanimity Ventures bets on management training startup SEAL Professional

Bayside Media, which operates a management training program startup SEAL Professional, has raised capital in its pre-Series A funding round from Mumbai-based Equanimity Ventures
30/01/2020

Unotech Software Raises USD 2 Million To Increase Focus On Open Source Development

Enterprise technology startup Unotech Software has raised USD 2 Million Series A funding from Manish Choksi, promoter of Asian Paints.
30/01/2020

SenseAI leads investment in Google Launchpad startup CureSkin

Heallo India which operates consumer healthcare startup CureSkin, has raised USD 500,000 in funding led by Gurugram-based SenseAI Ventures.
29/01/2020

Zetwerk Raises INR 16 Crore From InnoVen Capital As It Deepens Manufacturing Capabilities

Bengaluru-based manufacturing services platform Zetwerk has raised INR 16 Crore in a fresh funding round from InnoVen Capital.
29/01/2020

Sequoia, Tiger Global back ed-tech startup InterviewBit

Interviewbit Software Services, which runs coding-focussed education-technology startup InterviewBit, has raised USD 20 million in its Series A funding and the funding round was led by Sequoia India and the US-based Tiger Global Management
29/01/2020

Incubate Fund India leads seed funding in ed-tech startup WizKlub

Ed-tech startup WizKlub Learning has raised INR 7 crore in seed funding led by Incubate Fund India, backed by Japan’s Incubate Fund, and joined by social-impact investor Insitor Impact Asia Fund.
28/01/2020

SHEROES Enters Burgeoning Social Commerce Market With SHECO

Delhi-based women community startup SHEROES is now expanding its product portfolio with the addition of social commerce product “SHECO” and the company is also venturing into fintech with its plans to enable micro credit for women homepreneurs and sellers on SHECO
28/01/2020

MoneyTap Eyes Expansion With Funding From Sequoia, RTP Global, Others

Bengaluru-based fintech startup MoneyTap announced that it has raised INR 500 Crore in a fresh round of debt and equity funding and funding was led by Aquiline Technology Growth, RTP Global and Sequoia India, along with a clutch of undisclosed South Korean and Japanese investors
28/01/2020

Tiger Global May Launch around USD 4 Billion Fund To Continue Investment Spree

Global investor Tiger Global Management has reportedly closed around USD 4 Billion global private investment vehicle called the Private Investment Partners (PIP) XII, which will continue to back tech startups in India, US and China.
28/01/2020

Inter-city bus service startup Yolo raises seed funding

Yolo TravelTech Pvt Ltd, which operates inter-city transportation and mobility platform Yolo, has raised USD 600 thousand in a seed funding round.
28/01/2020

B2B packaging materials marketplace Bizongo nets USD 30 million in fresh funding

Bizongo, a business-to-business marketplace for packaging materials, has secured USD 30 million in its Series C funding round led by Swiss hedge fund Schroder Adveq
28/01/2020

JSW Ventures set to mark first close of new VC fund

JSW Ventures, the venture capital arm of billionaire Sajjan Jindal‎-led JSW Group, is set to make the first close of its second fund that seeks to raise a total of INR 350 crore and the new fund will seek to invest in software-as-a-service (SaaS) businesses focused on retail, manufacturing, health […]
27/01/2020

Tribe Theory Grabs around INR 25 Crore From Tim Draper To Form Its International Division

Venture capitalist Tim Draper has invested around INR 25 Crore in Tribe Theory, an international entrepreneur-focused hostel chain.
27/01/2020

She Capital leads Series A funding in snacks startup Samosa Singh

Woknstove Foodworks which operates quick-service snacks startup Samosa Singh, has raised around INR 19 crore in its Series A funding led by the Delhi-based early-stage venture capital firm She Capital.
27/01/2020

Mastercard bets on payments solutions firm Pine Labs

Payment solutions provider Pine Labs has raised funding from Mastercard marking the second reported bet the global technology payments giant has made on an Indian firm within six months. Pine Labs did not disclose the financial details of the deal.
24/01/2020

LogiNext Raises USD 39 Million From Tiger Global, Steadview To Fuel Overseas Expansion

California-based logistics automation platform LogiNext has raised USD 39 Million funding from US-based marquee investors Tiger Global Management and Steadview Capital
24/01/2020

Ashish Kashyap’s INDwealth Is Raising USD 12 Million Series C Round

Gurugram-headquartered wealth management platform INDwealth is now raising USD 12 million Series C funding from existing and new investors, after barely one and a half years of starting operations.
24/01/2020

Info Edge opens INR 100 crore venture fund

Info Edge which owns and operates India’s largest online job portal Naukri, has set up its maiden venture capital fund INR 100 crore and will invest in tech and tech-enabled entities that provide technology to create, market and distribute innovative products and services that benefit consumers at large
24/01/2020

Venture Catalysts bets on neo-banking platform Nupay

Entellus Business Solutions, which operates enterprise-focussed neo-banking platform Nupay, has raised funding in a seed investment round led by startup incubator and accelerator Venture Catalysts.
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