Archive News

26/02/2021

Edtech Startup Doubtnut Bags USD 31 Million, SIG Investments Leads The Round

Doubtnut, the K12 edtech platform for “vernacular first” students, has raised USD 31 Million funding led by Hong Kong-based venture capital firm SIG Investments and James Murdoch’s Lupa Systems. Existing investors Sequoia Capital India, Omidyar Network India and Waterbridge Ventures also participated in this round.
26/02/2021

Infra.Market ascends to unicorn status after USD 100 million round led by Tiger Global

Infra.Market, a marketplace for construction materials, has hit unicorn status after raising USD 100 million in a Series C round led by existing investor Tiger Global. Existing investors such as Accel, Nexus Venture Partners, Evolvence India Fund, Sistema Asia Fund, and Foundamental Gmbh joined the round.
25/02/2021

Pravin Jadhav’s Raise Financial gets seed funding from Mirae, others

Raise Financial, a fintech startup founded by former Paytm Money CEO Pravin Jadhav, has raised its seed funding round led by Mirae Asset’s early-stage fund with participation from US-based Social Leverage, Blume Ventures Founders’ Fund and Multi-Act Equity.
25/02/2021

Big Data Startup Innovaccer Raises USD 105 Million At USD 1.3 Billion Valuation

San Francisco-based big data healthcare startup Innovaccer, has raised USD 105 million Series D that values the company at USD 1.3 billion, led by Tiger Global Management. Existing investors Steadview Capital, Dragoneer, B Capital Group, Mubadala Capital, and M12 participated in the round, as well as new investor OMERS Growth […]
25/02/2021

Hubilo raises USD 23.5 million to power virtual events with real-time data and analytics

Hubilo, a platform that helps businesses of all sizes host virtual and hybrid events and gain access to real-time data and analytics, has raised USD 23.5 million in a series A round led by Lightspeed Venture Partners. The round saw participation from Balderton Capital and other angel investors.
25/02/2021

Digital workplace platform Saltmine raises USD 20 Million from JLL Spark, Jungle Ventures, others

Saltmine, an end-to-end digital workplace platform, has raised US 20 million in a funding round that saw participation from JLL Spark, the strategic investment arm of commercial real estate services firm JLL. Existing investors, Singapore-based Jungle Ventures and Xplorer Capital also participated in the Series A round.
25/02/2021

Omidyar Network India leads seed round in edtech platform Kutuki

Kutuki, a learning platform focused on children between the ages of three and seven, has raised INR 16 crore in a seed round led by Omidyar Network India. Other investors that participated in this seed round include AET, as well as existing backers Better Capital, First Cheque, and Abhishek Nag.
25/02/2021

YourNest leads seed round in streaming personalisation platform Argoid

Argoid, an artificial intelligence-based streaming personalisation platform, has raised USD 1.7 million in a seed funding led by YourNest Venture Capital. Other investors that participated in this seed round include Turbostart and TeamLaunchpad.vc, which is a venture capital affiliate of Rock Mountain Capital and Catch NYC.
24/02/2021

Arzooo, a retail-tech startup, raises USD 6 million from Trifecta Capital

B2B retail-tech company Arzooo has raised USD 6 million from venture debt fund Trifecta Capital, as company aims to hit a sales run rate of USD 500 million this year.
24/02/2021

Settlin raises INR 3 crore in angel funding

Settlin, a startup focused on buying and selling residential properties, has raised INR 3 crore in its angel round of funding from GSF Accelerator and ah! Ventures Angel Platform.
24/02/2021

Impact Analytics raises USD 11 Million in growth financing round led by Argentum Capital Partners

Impact Analytics which provides AI-driven solutions that optimise merchandising for the retail industry, has raised USD 11 million growth financing round led by New York-based growth equity firm Argentum Capital Partners.
24/02/2021

We Founder Circle invests USD 150K in CouchFashion’s seed round

Couch Fashion, a New Delhi-based B2B fashion tech startup, has raised USD 150,000 in its seed funding round from We Founder Circle (WFC), a startup investment platform.
23/02/2021

Zomato Raises USD 250 Million Led By Kora Management At USD 5.4 Billion Valuation

Restaurant aggregator and food delivery start up Zomato, has raised USD 250 Million in fresh funding from existing investors Tiger Global, Kora and others, which brings the valuation of the food delivery unicorn to over USD 5.4 Billion.
23/02/2021

Healthtech startup oDoc raises USD 1 Million in pre-Series A funding round

Business-to-business telemedicine app oDoc, has raised USD 1 million in pre-series A funding. Existing investor Techstars led the investment round, along with Silicon Valley venture capital firms Hustle Fund and Unpopular Ventures.
23/02/2021

Lending app MyShubhLife gets USD 4 Million from Patamar Capital, existing investors

Mobile app-based lender MyShubhLife (earlier Shubh Loans), has raised USD 4 million in a funding round led by Singapore-based Patamar Capital and some of its existing investors.
23/02/2021

Vedantu Acquires Doubt-Solving App Instasolv To Complement K-12 Learning, Test Prep

Bengaluru-based online tutoring startup Vedantu, has acquired doubt solving app Instasolv for an undisclosed amount. Prior to this, in June 2020, Instasolv had raised USD 2 Million in a Pre-Series A funding from Vedantu with full rights to acquisition with an aim to expand its footprint into Tier 3 and […]
23/02/2021

Fingerlix raises Series C funding from Swiggy, Accel, others

Fingerlix, a ready-to-cook food brand, has raised around INR 20 crore as part of its Series C funding from investors including Swiggy, Accel, Rhodium Trust, Horizon Techno and Frigerio Conserva Allana.
22/02/2021

EndGame11 Raises Funding from OneH Innovations

EndGame11, a fantasy gaming platform, has raised an undisclosed amount from startup growth platform OneH Innovations.
22/02/2021

Solavio Labs Raises Funding from Canadian Province

Solavio Labs, a clean-technology startup focused on the solar panel cleaning industry, has raised INR 40.6 lakh funding from Canadian province New Brunswick.
22/02/2021

Small business lender Kinara Capital raises USD 10 Million from IndusInd Bank

Kinara Capital, a lender to small businesses, has raised USD 10 million from IndusInd Bank with a 100 percent guarantee from the US International Development Finance Corporation (DFC). Existing investors Gaja Capital, GAWA Capital, Michael & Susan Dell Foundation (MSDF), and Patamar Capital also participated in this round.
19/02/2021

DEAL ANNOUNCEMENT: Edtech Startup Leverage Edu raises Series A Funding led by Tomorrow Capital via Enablers

Delhi-based Edtech startup Leverage Edu, has raised INR 47 crores in Series A funding led by Tomorrow Capital. The existing investors Blume Ventures and DSG Consumer Partners also participated in the round. ValPro’s startup advisory vertical, Enablers, was the advisor in this transaction. Founded by Akshay Chaturvedi, Leverage Edu has […]
19/02/2021

Career guidance app ICS Career GPS raises INR 3 crore from Bagla Group

ICS Career GPS, a mobile app which is making online career guidance accessible and affordable for students and young professionals, has raised INR 3 crore in an angel funding from Aurangabad-based Bagla Group.
19/02/2021

Genetic diagnostics player Lilac Insights raises INR 50 Crore from Rajiv Dadlani, others

Lilac Insights, a genetic diagnostic laboratory, has raised INR 50 crore from led by banker Rajiv Dadlani, and also saw participation from Allana Group, Sajid Fazalbhoy, DLF Family Office, Rockstud Capital, Kayenne Ventures (Singapore) and others.
19/02/2021

Neobank Open Acquires GST Automation Startup Optobizz For USD 5 Million

Mengaluru-based neobanking platform Open, has acquired goods and services tax and financial automation startup Optobizz for USD 5 Million in a stock-plus-cash deal.
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