Archive News

10/01/2022

Virtual event firm Zuddl raises USD 13 million in round led by Alpha Wave, Qualcomm Ventures

Zuddl, an online event and conferencing platform, has raised USD 13.35 million as a part of its Series A funding round led by DisruptAD-backed Alpha Wave Incubation and Qualcomm Ventures LLC. The round also saw participation from existing investors including GrowX and Waveform Ventures.
07/01/2022

B2B payments fintech Rupifi raises USD 25 million led by Bessemer, Tiger Global

Digital payments startup focused on business-to-business payments, Rupifi, has raised USD 25 million as a part of its first round of institutional funding led by Bessemer Venture Partners and Tiger Global. Existing Investors Quona Capital and Ankur Capital also participated in the round, along with Silicon Valley-based early-stage investor, Better […]
07/01/2022

WEGoT gets USD 1.5 million from Nikhil Kamath-backed Gruhas Proptech, others

WEGoT Utility Solutions, a maker of smart water meters, has raised USD 1.5 million in a funding round led by Gruhas Proptech, a company backed by Abhijeet Pai of Puzzolana Group and Nikhil Kamath of Zerodha. Existing investors of the Chennai-based startup, such as HDFC Capital Advisory Ltd. and Prestige […]
07/01/2022

Fintech NBFC LivFin raises USD 2 Million from venture debt player BlackSoil

Delhi-based LivFin India Private Limited, has raised USD 2 million in venture debt from BlackSoil, a leading NBFC and noteworthy player in the credit space. LivFin provides supply chain finance to mid-to-large corporates by setting up programmes to lend to their suppliers/vendors and distributors/dealers/retailers through an ‘Anchor’-based financing model.
07/01/2022

Dunzo secures USD 240 million in funding led by Reliance Retail

Hyperlocal delivery startup Dunzo, has raised USD 240 million in a funding round led by Reliance Retail Ventures Ltd., with participation from existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital. Reliance Retail will own a 25.8% stake in Dunzo post investing USD 200 million on a fully-diluted basis.
07/01/2022

QNu Labs raises new round of funding

QNu Labs, a quantum-safe cybersecurity technology company, has raised an undisclosed amount of funding from deep tech venture capital firm Speciale Invest. WAOO Partners LLP and another venture capital fund along with a few marquee angel investors and promoters also participated in the fresh funding round.
07/01/2022

Courseplay gets INR 3 crore in seed funding from Inflection Point, others

Courseplay, a software-as-a-service platform that offers enterprise solutions for automated training workflows, has raised INR 3 crore in seed funding led by Inflection Point Ventures. Courseplay provides end-to-end solutions in training delivery, employee engagement, workflow automation and impact measurement.
07/01/2022

Green Packaging Startup Bambrew raises USD 2.35 million in pre-series A round

Bambrew, a sustainable packaging start-up, has raised pre-Series-A funding of USD 2.35 million from Blue Ashva Capital and Supack Industries. The startup through its proprietary technology offers alternatives to ecommerce mailer bags, food packaging in F&B industry, pouches and foldable cartons in FMCG industry and PVC in pharmaceutical industry.
07/01/2022

IndiaMART picks up 26% stake in e-commerce enabler EasyEcom with Series A funding

EasyEcom an omnichannel inventory management solution provider, has raised USD 2 million as part of its Series A funding round from business-to-business marketplace IndiaMART InterMESH Ltd.
06/01/2022

TPG invests USD 360 Million in AI and advanced analytics solutions provider Fractal

Artificial intelligence and advanced analytics solutions provider Fractal has raised USD 360 million from TPG Capital Asia. The transaction includes a combination of primary investment and secondary share purchase from Funds advised by Apax, who will remain a major shareholder following the transaction.
06/01/2022

Social Live streaming platform Bolo Live raises USD 2.4 million led by Orios Venture Partners

Homegrown social live-streaming platform Bolo Live, has raised USD 2.4 million as a precursor to Series A, led by Orios Venture Partners. SOSV, Tremis Capital, LPA Ventures, and other HNIs also participated in its first VC round including existing investors Eagle 10 Ventures. Bolo Live is an amalgamation of live […]
06/01/2022

Gaming start-up Zupee raises USD 102 million from Nepean Capital

Skill-based casual gaming company Zupee, has raised USD 102 million in its Series B funding round led by the Mumbai-based investment firm Nepean Capital, which invested USD 72 million. The fund-raise came at a USD 600 million valuation. The round saw participation from marquee investors such as WestCap Group, Tomales […]
06/01/2022

Sixth Sense Ventures leads funding in apparel brand Freecultr

Direct-to-consumer premium innerwear, loungewear and activewear brand Freecultr, has raised USD 5 million in a series A funding round, led by Sixth Sense Ventures, via Sixth Sense India Opportunities Fund.
06/01/2022

Living Food nets USD 7.5 million in a funding led by Amasia

Fresh foods-focused platform Living Food has secured USD 7.5 million in a Series A funding round led by Amasia. The round also saw participation from SOSV, Blume Founders Fund, Xander Group founder Sid Yog and Nexus Venture Partners co-founder Sandeep Singhal, among others.
05/01/2022

iD Fresh Foods raises INR 507 Crore in Series D round

Ready-to-cook packaged foods startup iD Fresh Food, has raised INR 507 crore in a Series D funding round. The funding was led by private equity firm NewQuest Capital Partner along with the existing investor, Premji Invest.
05/01/2022

Digital lender CASHe raises INR 140 crore from Singapore-based TSLC

CASHe is a digital lending startup that caters to the financial needs of professionals aged 25 to 35 years, has raised INR 140 crore in funding from Singapore-based fintech firm TSLC, bringing its total balance sheet size to over Rs 800 crore.
05/01/2022

Innoviti Payment Solutions raises INR 80 Cr in ongoing Series D round

Innoviti Payment, an enterprise payments solution provider, has raised INR 80 crore in a mix of debt and equity in the first close of its ongoing Series D round. The round was carried out by Trifecta Debt Fund, Patni Advisors, and Bessemer Venture Partners.
05/01/2022

Y Combinator backs fintech platform SaveIN

SaveIN, a credit-focused fintech company, has raised an undisclosed sum from Silicon Salley’s leading technology investor Y-Combinator. SaveIN’s healthcare finance solution ‘Care now, Pay Later’ covers healthcare procedures including dental, optical and diagnostics, cosmetic, physiotherapy and veterinary through a partner network facilitating timely care with affordable repayment plans.
05/01/2022

Pine Labs gets USD 20 million investment from SBI ahead of IPO

Payment solutions provider Pine Labs Pvt Ltd, which is headed for a US listing, has raised an additional USD 20 million in new investment from the State Bank of India.
05/01/2022

Interactive platform Crater nets USD 1.2 million in seed funding

Interactive livestreaming and auction platform Crater Club has raised USD 1.2 million as a part of its seed funding round led by Lumikai and LC Nueva Alternate Investment Fund.
05/01/2022

Info Edge leads funding in B2B etailer Geniemode

Geniemode, a business-to-business (B2B) cross-border sourcing and supply chain technology company, has secured USD 7 million in a Series A funding round led by Info Edge Ventures. Geniemode enables catalogue creation and discovery, as well as access to suppliers and automate the entire process, from sample development and approval through […]
04/01/2022

B2B manufacturing start-up Groyyo raises USD 4.6 million funding led by Alpha Wave Incubation

Business-to-business manufacturing and automation company Groyyo Pvt Ltd, has raised USD 4.6 million as a part of its seed funding round led by Alpha Wave Incubation. Angel investors including Deepak Jain (Bain & Co), Arpan Seth (Bain & Co), OYO Group’s global chief strategy officer Maninder Gulati and Bombay Chamber […]
04/01/2022

Exotel raises USD 40 million in a Series D funding led by Steadview Capital

Exotel, a customer engagement platform, has raised USD 40 million as a part of its Series D funding led by Steadview Capital. The company is evolving itself from a platform that helps businesses communicate with their customers, to one that helps them engage with their customers through chat, voice, email, […]
04/01/2022

Web3 social discovery platform Wall.app raises USD 1 million

The wall.app, a discovery platform for Web3, has raised over USD 1 million in its seed funding round from Woodstock Fund, Arcanum capital, lancer capital, Lumos Labs. Wall.app is a platform where people can lookout for the top NFT trading, and also interact with others across various communities.
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