Archive News

23/02/2022

Vymo Bags USD 22 Million Funding To Help Enterprises Automate Sales Engagement

Sales acceleration startup, Vymo, has raised USD 22 Million in Series C funding round led by Bertelsmann India Investments (BII), and also saw participation from existing investors like Emergence Capital and Sequoia Capital.
23/02/2022

India Quotient-funded Fleetx nets USD 19.4 Million in IndiaMart-led round

Fleetx Technologies, which runs fleet management platform Fleetx.io, has secured funding of USD 19.4 Million in a Series B round led by IndiaMart.The fundraise also saw participation from IndiaQuotient and BEENEXT.
23/02/2022

Digital health platform MediBuddy racks up USD 125 Million co-led by Quadria, Lightrock

MediBuddy, has bagged USD 125 Million in a Series C funding co-led by Quadria Capital and Lightrock India, other existing investors Bessemer Venture Partners, India Life Sciences Fund III, Rebright Partners, JAFCO Asia, TEAMFund LP, FinSight Ventures, InnoVen Capital, Stride Ventures and Alteria Capital also participated in the funding.
23/02/2022

BYJU’s owned Great Learning buys Blume-backed recruitment firm Superset

Upskilling platform Great Learning, a part of the BYJU’s group, has acquired Blume Ventures-backed recruitment platform Superset, for an undisclosed amount.
23/02/2022

Ex-Zoho execs’ floated startup bags USD 35 Million led by Zomato-backer Dragoneer

Property operations software platform Facilio, has secured Series B funding of USD 35 Million in a round led by Dragoneer Investment Group, along with participation from Brookfield Growth and existing investors Accel India and Tiger Global Management.
23/02/2022

Hurun India’s Anas Rahman, Callapina, others back SaaS platform CertifyMe

Tech99 Innovations Pvt Ltd., has secured an undisclosed seed capital led by Callapina Capital. The round included participation from Anas Rahman Junaid, and Vinod JosE among others. The company plans to deploy the fresh funds in expanding its range of software-as-a-service (SaaS) products in the digital credentials space.
23/02/2022

Hasura snags USD 100 Million in Series C funding at unicorn valuation

Hasura Inc., has raised USD 100 Million as part of its Series C funding round at a valuation of $1 billion led by Greenoaks. Existing investors Nexus Venture Partners, Lightspeed Venture Partners and Vertex Ventures also participated in this funding round.
22/02/2022

Singapore-Based Wego To Acquire Cleartrip’s Middle East Business From Flipkart

Singapore-based traveltech platform Wego, has signed an agreement with Flipkart to acquire Cleartrip’s Middle East business. The deal includes the sale of Flyin.com and a technology co-operation agreement between Wego and Flipkart. This transaction is expected to close by the second half of 2022.
22/02/2022

Motilal Oswal Backs Snackmaker Happilo, Invests USD 25 Million To Help Scale Startup

D2C healthy snacking brand, Happilo, has raised USD 25 Million in funding from Motilal Oswal Private Equity (MOPE).Startup will use the funding to scale up business, expand product line and streamline the distribution network.
22/02/2022

Supply Chain Labs Announces INR 75 Crores Fellowship Fund For Startups

Supply Chain Labs (SCL), has announced the first close of its purpose-specific fellowship fund at INR 75 Crores to help startups build a strong foundation for themselves. The fellowship fund is a stage agnostic fund, which potentially invest up to INR 7.5 Crore in each startup.
22/02/2022

Adicube Raises Funds To Become Flipkart Of Influencer Marketing Industry

Influencer marketing startup, Adicube, has raised INR 12 Crores in a pre-seed funding round led by Pitcherlabs Ventures and a clutch of other investors. The round also saw participation from other angel investors like Edukemy founder Chandrahas Panigrahi, Ashish Padiyar and Brijesh Damodaran, among others.
22/02/2022

AiDash buys farming AI platform Neurafarms.ai

AiDash, a firm which provides satellite and artificial intelligence-powered operations, has acquired geospatial and AI-backed farming solutions platform Neurafarms.ai, for an undisclosed amount.
22/02/2022

Good Glamm-backed Sirona buys women safety brand Impower in all-cash deal

Good Glamm Group-backed Sirona Hygiene, has acquired pepper spray brand Impower from Donna FMCG Pvt Ltd in an all-cash deal, for an undisclosed amount. With this buyout, Sirona will be foraying into the women safety segment, with doubling down its growth strategy.
21/02/2022

Education-Focused Fintech Startup Propelld Bags USD 35 Million Funding From WestBridge Capital, Others

Fintech startup Propelld has raised USD 35 Million in Series B funding led by WestBridge Capital along with existing investors Stellaris Venture Partners and India Quotient. The fund will be utilised to further strengthen inhouse tech and collection capabilities.
21/02/2022

IPO-Bound Pine Labs Bags USD 150 Million From Alpha Wave Ventures

IPO-bound fintech unicorn Pine Labs has raised USD 150 Million from Alpha Wave Ventures at a little over USD 6 Billion valuation. The round seems to be a Pre-IPO round of the 22-year-old fintech giant which is gearing for a NASDAQ listing this year.
21/02/2022

Metaverse Startup Bullieverse Raises Funding To Build Play-To-Earn Games

Bullieverse, has raised USD 4 Million in a funding round led by Web3.0 venture funds The round also saw participation from 6th man Ventures, Okx Blockdream Ventures, Fundamental Games, C2 Ventures, Gate Labs, GravityX, Roark Fund, LD Capital, Rainmaker Games, Good Games Guild, Gen Block, Shima Capital, DWeb3, ExNetwork and […]
21/02/2022

Increff Bags USD 11 Million From Premji Invest, TVS, 021 Capital

Supply chain management startup Increff is raising USD 11 Million in a fresh round of funding led by Premji Invest. The round also saw participation from TVS Shriram Growth fund along with its existing investor Binny Bansal’s 021 Capital. Individual investors such as Prem Gupta, Rajesh Ramaiah, Kamal Khanna, Manish […]
21/02/2022

BigBasket acquires Kerala startup Agrima Infotech

BigBasket has acquired the enterprise business unit of a deep-tech company Agrima Infotech incubated by Kerala Startup Mission (KSUM) with a focus to revolutionise offline retail in the country.
18/02/2022

ElasticRun Turns Unicorn With USD 330 Million Funding From SoftBank

ElasticRun had raised USD 330 Million funding led by SoftBank Vision Fund 2 and Goldman Sachs Asset Management. The startup further confirmed that it saw particiaption from Abu Dhabi’s Chimera and Innoven along with Prosus Ventures.
18/02/2022

Ace Green Recycling Secures Over USD 7 Million Funding To Expand Its Li-ion Reusable Technology

Battery recycling technology startup Ace Green Recycling has secured more than USD 7 Million in a funding round led by Circulate Capital. Climate Angels also participated in the round along with angel investors. The funds raised will be used to develop its li-ion reusable technology and expand the 30-member team […]
18/02/2022

Dutch impact fund IDH FarmFit enters India with bet on Omnivore-backed Stellapps

Stellapps Technologies Pvt. Ltd. has raised an undisclosed amount from Netherlands-based investor IDH FarmFit, which is the fund’s first equity investment in India. Among other investors include ABB Ventures, Gates Foundation, Celesta Capital, Qualcomm Ventures, Venture Highway and Blume Ventures.
18/02/2022

Kalaari writes USD 10 Million cheque to agri-inputs startup AGRIM

AGRIM, a B2B platform for agri-inputs, has secured Series A funding of USD 10 Million led by Kalaari Capital. The round also saw participation from Omnivore, India Quotient and Accion Venture Labs, besides Axis Bank joining the fundraise as part of their Bharat Banking initiative.
18/02/2022

Recently turned unicorn DealShare adds USD 45 Million from ADIA, could IPO in 24 months

DealShare a social commerce startup, has raised an additional USD 45 Million from Abu Dhabi Investment Authority (ADIA) at a valuation of USD 1.7 billion. DealShare plans to use the funds to enhance its technology, customer acquisition and for product innovation.
18/02/2022

Early-stage startups Sublime Life, Habanero Foods raise funding

Sublime Life has raised USD 2 million funding from Roots Ventures, the family offices of Apar Industries and Umesh Sanghvi India and a host of high net-worth individuals (HNIs). The round also saw participation from senior professionals from Reckitt, Google, IBM and Ador.
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