Archive News

20/09/2018

Shunwei leads new funding round in social networking platform ShareChat

Bengaluru-headquartered Mohalla Tech Pvt Ltd, which operates vernacular social networking platform ShareChat, has raised around INR 720 crore in a new funding round led by existing investor Shunwei Capital.
20/09/2018

German publishing firm, others back media startup NewsBytes

Media startup NewsBytes has raised USD 1 million as part of a pre-Series A round of funding led by German publishing firm Mueller Medien’s investment arm MM Inno GmbH.
20/09/2018

Bengaluru-based CleanseCar raises seed funding

CleanseCar Washing and Repair Services Pvt Ltd, which operates through app in Bengaluru only, has raised USD 150,000 worth of seed funds from angel investor Dhianu Das.
20/09/2018

91Springboard, others invest in smart parking firm Parkwheels

Smart parking systems maker Parkwheels has raised around INR 1 crore in a seed round of funding from 91Springboard, Amit Lakhotia, and an undisclosed Kuwait-based investment firm.
20/09/2018

Matrix Partners, others invest in hyperlocal delivery platform DailyNinja

Subscription-based milk and grocery delivery venture DailyNinja has raised an undisclosed sum from Matrix Partners in a fresh funding round.
19/09/2018

Motilal Oswal’s real estate arm raises around USD 79 million for latest fund

Motilal Oswal Real Estate (MORE) has raised INR 575 crore for its latest fund India Realty Excellence Fund IV by its first close.
19/09/2018

Two Chinese investors pump USD 50 million into cab aggregator Ola

Cab-hailing app Ola has raised USD 50 million from two new Chinese investors in a fresh round of funding.
19/09/2018

Z Nation Lab, others invest in learning activity platform Xplorabox

Delhi-based Xplorabox, which offers a subscription-based activity box for children, has raised an undisclosed amount of seed funding  from accelerator Z Nation Lab, Metaform Ventures, Sridham Enterprises, and others.
19/09/2018

IFC to invest in B2B logistics startup Shadowfax

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, plans to invest in Bengaluru-based logistics startup Shadowfax Technologies Pvt Ltd.
19/09/2018

TPG Growth, Goldman Sachs lead Series C funding round in Livspace

Bengaluru-based online home décor startup Livspace has raised USD 70 million in a Series C round of funding led by private equity firm TPG Growth and investment bank Goldman Sachs.
19/09/2018

Leo Capital, Anand Chandrasekaran invest in Sheroes

Sheroes, the women’s-focused community and career platform, has raised an undisclosed sum of fresh funding from venture capital firm Leo Capital and angel investor Anand Chandrasekaran.
18/09/2018

UAE investor leads Series C round in furniture rental platform Furlenco

Online furniture rental startup Furlenco, which is run by Kieraya Furnishing Solutions Pvt Ltd, has raised its Series C round of funding of around INR 80 crore led by a venture capital firm, Crescent Enterprises Ventures, based in the United Arab Emirates (UAE).
18/09/2018

Omphalos Ventures, others back machine learning platform Mate Labs

Bengaluru-based machine learning platform Mate Labs has raised seed funding of USD 550,000  led by Omphalos Ventures India LLP.
18/09/2018

Infosys invests around USD 1 million more in US firm TidalScale

Infosys Ltd, the country’s second-largest software services exporter,  has invested an additional around USD 1 million in US-based TidalScale Inc.
17/09/2018

India’s Infosys to buy Finnish firm Fluido for USD 76 million

Infosys, one of India’s largest IT services firm, has agreed to spend USD 76 million to buy Fluido, a Salesforce consulting partner in the Nordics in Europe.
17/09/2018

Social e-commerce startup Meesho in talks to raise funding from DST Global

Meesho, one of the fastest growing e-commerce companies in the country, has initiated talks to raise a fresh round of capital from Russian investment company DST Global.
17/09/2018

Matrix, Times Internet inject fresh capital into e-pharmacy Myra

Bengaluru-based Metarain Software Solutions Pvt Ltd, which runs pharmacy app Myra, has raised around INR 8 crore in additional capital from existing investors.
17/09/2018

PharmEasy set to get new PE, VC investors in Series D round

Mumbai-headquartered 91 Streets Media Pvt Ltd, which operates online drug delivery platform PharmEasy, is in the final stages of closing a Series D round of funding of about INR 300 crore led by two new investors.
17/09/2018

Sequoia India leads Series B funding round in Indonesian firm Moka

Sequoia Capital has led  Indonesian cloud-based point-of-sale (POS) software provider Moka’s Series B round of funding as it raised USD 24 million from new and existing investors.
17/09/2018

LimeRoad co-founder, others back fantasy football startup LeagueSX

LeagueSX Entertainment Pvt Ltd, which operates an eponymous fantasy football site, has raised an undisclosed amount from investors including LimeRoad co-founder Prashant Malik and Kraftly business chief Akshay Gulati.
14/09/2018

InnoVen Capital offers venture debt to online drugstore PharmEasy

Mumbai-based PharmEasy, which offers diagnostic test booking services as well as medicines and wellness products online, has raised INR 40 crore from venture debt investor InnoVen Capital.
13/09/2018

ShiftKarado gets INR 5 crore from Star WorldWide

ShiftKarado, a tech-oriented packing and moving company, has raised additional funding of INR 5 crore from Star WorldWide Group and Promoters.
13/09/2018

Mumbai Angels Network invests in Rev Snack

Rev Snack, which owns and operates real fruit snacks brand Frubites, has raised an undisclosed sum in funding led by the Mumbai Angels Network, and other external investors.
13/09/2018

Texas retirement fund to inject USD 75 million in Everstone-backed IndoSpace fund

Employees Retirement System Of Texas has committed about USD 75 million to IndoSpace Logistics Parks III, the third fund from Mumbai-based industrial real estate investor IndoSpace Logistics Parks.
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