Archive News

17/01/2022

Flipkart acquires electronics recommerce firm Yaantra

Flipkart Group has acquired electronics recommerce firm Yaantra to enhance its after sale offerings for its consumers in the smartphone segment. The company did not disclose size of the deal. Yaantra, repairs and sells refurbished consumer tech products such as smartphones and laptops.
17/01/2022

PointOne Capital hits final close of USD 7million maiden fund

Pre-seed focused venture capital fund PointOne Capital has announced the final close of its USD 7 million maiden fund. The venture capital fund targets startups in the beta or pre-launch stage.
14/01/2022

WayCool Foods raises USD 117 million in Series D funding

Chennai-based agri-commerce start-up WayCool Foods, has raised USD 117 million in Series D round of funding from new and existing investors such as LightRock, LightBox, FMO, Lightsmith, World Bank Group’s IFC, Redwood Equity Partners and Gawa Capital. As part of the Series D round, WayCool raised USD 95 million as […]
14/01/2022

Investment platform Recognize raises USD 1.3 Billion fund to back tech services startups

Founded by industry experts, Recognize, a technology investment platform, has raised approximately USD 1.3 billion for its inaugural fund. Recognize strives to be a first-of-its-kind platform, linking inspired technology entrepreneurs and founders who have unconventional ideas with strategic capital, operational expertise, and industry insights.
14/01/2022

TheMathCompany raises USD 50 million led by Brighton Park Capital

TheMathCompany, a data analytics and data engineering firm, has raised USD 50 million in a funding round led by Brighton Park Capital, with participation from existing investor Arihant Patni, co-founder and CEO Sayandeb Banerjee.
14/01/2022

Mobile gaming streamer Turnip secures USD 12.5 million in Series A round

Turnip, a mobile-first gaming community platform, has raised USD 12.5 million in a Series A round of funding co-led by Greenoaks Capital and Elevation Capital. The round witnessed participation from SEA Capital and Vibe Capital. It helps creators stream on YouTube, Facebook, Twitch and run interactive experiences for their communities […]
14/01/2022

YantraLive gets seed funding from Bigbasket’s Vipul Parekh, others

YantraLive, a business-to-business platform for heavy equipment and parts, has raised USD 1 million seed funding from GrowthStory and other angel investors including Bigbasket’s Vipul Parekh, among others.
14/01/2022

Conversational AI platform ORAI raises capital

Conversational artificial intelligence platform ORAI has raised INR 6.5 crore in a Pre-series A Round led by Inflection Point Ventures. ORAI offers automation powered by AI with advanced features in a single bot that does all the work related to customer support, customer outreach, customer engagement, marketing, sales support, and […]
13/01/2022

LEAD School becomes unicorn with fresh USD 100 Million in funding

Edtech firm Lead School, has raised USD 100 million from investors led by GSV Ventures and WestBridge Capital, doubling its valuation in less than a year to USD 1.1 billion. LEAD School works with K-12 schools where it has integrated its platform that helps them secure books and other resources […]
13/01/2022

Neobank Kaleidofin raises INR 74 crore in Series B funding led by Michael & Susan Dell Foundation

Neobank Kaleidofin, has raised INR 74 crore in a Series B funding round led by Michael & Susan Dell Foundation. Existing institutional investors Oiko Credit, Flourish Ventures, Omidyar Network, Blume Ventures and Bharat Fund also participated in the round. Neobanking platforms serve as a tech layer in tie-ups with banks […]
13/01/2022

Traya raised USD 2.2 Million in pre-Series A round

Haircare platform Traya Health, has raised USD 2.2 million in a pre-Series A round led by Fireside Ventures, with Kannan Sitaram. The round also saw participation from existing investors Kae Capital and Whiteboard Capital. Traya Health helps customers get access to a range of hair care products and doctor prescribed […]
13/01/2022

Lendingkart raises USD 5.95 Million from BlueOrchard Finance

Lendingkart which provides short-term working capital loans to small and medium businesses, has raised USD 5.95 million in debt from BlueOrchard Finance Ltd.
13/01/2022

SMB banking platform The small business banking platform Novo has raised USD 90 million in Series B funding a USD 700 million valuation led by Stripes. The round also saw continued participation from existing investors Valar Ventures, Crosslink Capital, Rainfall Ventures, and BoxGroup.raises USD 90 Million at USD 700 Million valuation led by Stripes

Novo, the powerfully simple small business banking platform, has raised USD 90 million in Series B funding at a USD 700 million valuation. Stripes led the round, with continued participation from existing investors Valar Ventures, Crosslink Capital, Rainfall Ventures, and BoxGroup.
13/01/2022

Refyne raises USD 82 Million in Series B round led by Tiger Global

Bengaluru-headquartered earned wage access solutions provider Refyne, has raised USD 82 million in a Series B round of funding led by Tiger Global Management. Existing international investors QED Investors, partners of DST Global, Jigsaw VC, XYZ Capital, and RTP Global along new investor Digital Horizon also participated in the funding […]
13/01/2022

English learning platform Freadom raises USD 2.5 million from Capital A, others

Freadom, an English learning platform for 3–12-year-olds, has raised USD 2.5 million in a funding round led by Capital A and other marquee investors including Bollywood star Tiger Shroff, BharatPe Founder Ashneer Grover, VMart Retail Founder Lalit Agarwal and Global PayU CFO Aakash Moondhara. The round also saw participation from […]
13/01/2022

Rooter raises USD 25 million led by Lightbox, March Gaming, others

Rooter, a game streaming and e-sports platform, has raised USD 25 million in a Series A funding round led by Lightbox, March Gaming, and Duane Park Ventures. The round also saw participation from 9Unicorns, ADvantage Sports Tech Fund, Capital-A, and Goal Ventures, along with existing investors IeAD Sports & Health […]
13/01/2022

Deep tech startup Praan raises USD 1.56 million funding led by Social Impact Capital, others

Praan has raised funding of USD 1.56 million amount led by Social Impact Capital, with participation from Better Capital, Paradigm Shift Capital, and Avaana Capital, Quality of Life Investments Texas. Praan is a deep tech start-up using breakthrough patent-pending technology for filter-less capture of particulates and carbon dioxide from ambient […]
13/01/2022

Nexus Venture leads USD 1.5 million round in low-code software ToolJet

ToolJet, an open-source low-code software for building internal tools, has secured USD 1.5 million in a seed funding round led by Nexus Venture Partners. The round also saw participation from Ratio ventures, Better capital and a few HNIs.
12/01/2022

Neobank Muvin raises USD 3 million, plans to double its team in 12 months

Muvin, a neobank for Gen Z, has raised USD 3 million in debt and equity in a round led by WaterBridge Ventures. Venture debt fund Alteria Capital and Krishna Bhupal, cofounder of Rational Pricing Technologies also participated in the round. Muvin caters to both teens and young adults through its […]
12/01/2022

Fintech startup FPL Technologies valuation jumps to USD 750 million

Credit-based fintech, FPL Technologies, which operates credit score platform OneScore and issues credit cards OneCard, has raised USD 75 million as a part of its fresh Series C fundraise, at a post-money valuation of USD 750 million. The round was led by existing investors QED Investors, Janchor Partners, Sequoia Capital […]
12/01/2022

Zeda.io Bags Funding To Build All-In-One Product Management Platform

Product management startup Zeda.io, has raised USD 1.2 Million in seed capital from BEENEXT, Binny Bansal-backed 021 Capital and existing investors Whiteboard Capital, FirstCheque.vc and Paradigm Shift Capital.
12/01/2022

Pepper Farms raises USD 1 million from Axilor Ventures, others

Agritech start-up Pepper Farms, which helps farmers organise vegetable production lifecycle from plantation to harvesting and sales, has raised USD 1 million in seed fund led by AxilorVentures and Aspiring Minds Co-Founder Himanshu Aggarwal.
12/01/2022

Fintech IppoPay raises USD 2.1 million seed round from Coinbase Ventures, others

IppoPay, a one-stop neo-bank for Bharat offering all banking services under one umbrella, has raised USD 2.1 million in Seed funding from Coinbase Ventures, Better Capital, Blume Founders Fund, and a number of high-profile angel investors.
12/01/2022

TradeX raises seed capital from TDV Partners, SoMa Capital, others

TradeX, a predictions market platform, has raised a seed round of USD 1 Million from TDV Partners, SoMa Capital and marquee investors such as Maninder Gulati, Anupam Mittal, Rajesh Shawney, Hitesh Chawla, Cem Garih, Justin Mateen, Fethi and a few others. TradeX is an event-based predictions market for the Bharat […]
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