Archive News

04/10/2018

Aavishkaar-Intellecap invests in logistics startup GoBolt

Tech logistics firm GoBolt has raised INR 40 crore in a Series A round from social-impact investment group Aavishkaar-Intellecap
04/10/2018

Alteria Capital marks second close of debut venture debt fund

Venture debt firm Alteria Capital has hit the second close of its debut fund at INR 625 crore (USD 85 million)
04/10/2018

Blume Ventures hits first close of third VC fund, raises half of targeted corpus

Blume Ventures has marked the first close of its third fund, joining a list of venture capital firms that have reached fundraising milestones this year.
03/10/2018

True North picks up 75% stake in Sesa Hair Oil maker

Private equity firm True North has acquired a 75% stake in Ban Labs Pvt Ltd, the owner of the Sesa Hair Oil brand, for about INR 700 crore.
03/10/2018

IIFL AMC plans to raise USD 500 million for maiden structured credit fund

IIFL Asset Management Co Ltd, a part of the wealth management business of IIFL Group, plans to raise at least USD 500 million for its maiden structured credit fund.
03/10/2018

Byju’s raises USD 100 million from General Atlantic, valuation swells to USD 2 billion

Bengaluru-based education technology firm Byju’s has reportedly raised USD 100 million from private equity major General Atlantic.
03/10/2018

SigTuple holds talks with PremjiInvest, DST Gobal to raise up to USD 50 million

Medical technology start-up SigTuple Technologies Pvt Ltd, which uses artificial intelligence (AI) to aid medical diagnosis, is in talks with DST Global, PremjiInvest and Ratan Tata’s UC-RNT fund to raise about USD 40-50 million in fresh funds in a Series C round.
03/10/2018

Mumbai Angels invests more in parody video app Spoofin

Eminence Tech & Services Pvt Ltd, which operates video-based social networking app Spoofin, has raised an undisclosed amount in bridge funding from Mumbai Angels Network.
03/10/2018

Organic cotton menswear firm Northmist raises angel funding

Northmist Pvt Ltd, an online organic cotton menswear company, has raised an undisclosed amount from a Lucknow-based angel investor Prashant Jaiswal.
03/10/2018

Prime Venture Partners bets on food-tech startup

Early-stage venture capital firm Prime Venture Partners has invested around INR 6 crore in a pre-Series A round of funding in home-cooked meals startup FoodyBuddy Applications Pvt Ltd.
03/10/2018

Mumbai Angels Network, 1Crowd back healthful food brand Snackible

LightSaber Food Ventures Pvt Ltd, which sells healthful food under the Snackible brand, has raised an undisclosed amount from Mumbai Angels Network and 1Crowd’s angels as well as fund.
01/10/2018

Online gaming startup 9stacks raises USD 4 Million

Early-stage venture capital firm WaterBridge Ventures has led a INR 28-crore Series-A funding round in Spar-Skills Technologies, which owns and operates online poker platform 9stacks.
01/10/2018

Fintech startup OptaCredit in early talks to raise USD 8-10 million

Alternative-lending firm OptaCredit is reportedly in early talks to raise around USD 8-10 million to fund its expansion and growth plans.
01/10/2018

Vahdam Teas raises INR 16 crore from Fireside Ventures

Online premium tea brand Vahdam Teas has raised INR 16 crore in its third institutional round of fund raise led by existing investor Fireside Ventures.
01/10/2018

Origo Commodities raises USD 11m from impact investor Oikocredit, others

Origo Commodities, which provides post-harvest agriculture supply chain financing and logistics solutions, has raised USD 11 million in funding from impact investors Oikocredit, Caspian SME Impact Fund IV and Triodos Investment Management through its Hivos-Triodos Fund.
28/09/2018

Indian Angel Network invests in electric vehicle startup Strom Motors

Mumbai-based electric vehicle startup Strom Motors, run by E14 Technologies Pvt Ltd, has raised an undisclosed amount of angel funding from Indian Angel Network (IAN).
28/09/2018

SAR Group’s VC arm bets on dosa machine maker Mukunda Foods as IAN exits

Mukunda Foods Pvt Ltd, which manufactures tabletop dosa-making machines, has received a strategic investment from Ncubate Capital Partners, the venture capital arm of Gurugram-headquartered SAR Group.
27/09/2018

RIL subsidiary invests USD 8 million more in automotive AI startup NetraDyne

Reliance Industries Ltd (RIL) has invested USD 8 million in San Diego-headquartered NetraDyne Inc, an artificial intelligence (AI) start-up, through its wholly owned subsidiary, Reliance Industrial Investments and Holdings Ltd (RIIHL).
27/09/2018

Eight Roads, Fundamentum invest in PharmEasy’s extended Series C round

Mumbai-based 91 Streets Media Pvt Ltd, which operates online drug delivery platform PharmEasy, has raised USD 50 million in an extended Series C round led by new investor Eight Roads Ventures.
27/09/2018

SAIF Partners leads funding round in infrastructure intelligence firm Sensehawk

Infrastructure intelligence platform Sensehawk Technologies Pvt Ltd has raised USD 2 million in a Series A round led by venture capital and growth equity investment firm SAIF Partners.
27/09/2018

IDG Ventures invests in Delhi-based fertility services aggregator

IDG Ventures India and Alkemi Venture Partners have infused around INR 13 crore into fertility services provider Treemark Solutions Pvt Ltd, which operates under the brand name Elawoman.
27/09/2018

Bertelsmann India, Vertex lead Series C investment in meat e-tailer Licious

Bengaluru-based Delightful Gourmet Pvt Ltd, which operates online meat and fish ordering platform Licious, has secured USD 25 million in a Series C funding round led by Bertelsmann India Investments and Temasek-backed Vertex Ventures Southeast Asia and India.
26/09/2018

Mumbai Angels Network invests in healthcare startup Docturnal

Docturnal Pvt Ltd, a healthcare startup focused on non-invasive screening solutions for tuberculosis, has raised an undisclosed sum from Mumbai Angels Network.
26/09/2018

Japanese investors Spiral Ventures and Mynavi back startup studio T9L

Venture builder T9L Technologies has raised an undisclosed amount from Japanese venture capital firm Spiral Ventures and Mynavi Corp, Japan’s biggest recruitment information provider for graduates.
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