Archive News


Pioneer Fund Pumps Fresh Capital Into SaveIN

Credit-focused fintech startup SaveIn on Monday said it has secured a seed funding of USD 1 Million from its existing investor Pioneer Fund. It will use the fresh money for product development and scaling up its team and marketing footprint.

Advent Backs Tredence In Series B Fundraise

Bengaluru-based data science and artificial intelligence (AI) firm Tredence Inc, raised USD 175 Million, in its Series B fundraising round led by Advent International, for a minority stake. Tredence, which is based in San Jose and Bengaluru, was set up in 2013 by Shub Bhowmick, Sumit Mehra, and Shashank Dube, […]

Northern Arc India Impact Fund Raises INR 65 Crore

Private debt fund manager Northern Arc Investment Managers (NAIM), raised INR 65 crore for its eighth fund, from the Belgian Investment Company for Developing Countries (BIO). The Northern Arc Impact India Fund (NAIIF) will be used to support and address the funding gaps for impact enterprises (IE). Blue Earth Capital, […]

PhysicsWallah Acquires Minority Stake In Edtech Startup iNeuron

Edtech unicorn PhysicsWallah has acquired an approximately 19.5% stake in an online learning platform iNeuron. As per iNeuron, its existing investors–S Chand, S Chand’s directors, and Mukesh Sharma Family Trust have offloaded 6.5%, 3% and 10% respectively in the edtech startup and consequently sold their stakes to PhysicsWallah

SaaS Startup Codebuddy Bags Strategic Investment From INT

Software-as-a-service (SaaS) startup Codebuddy has received a strategic investment from INT (Indus Net Technologies). Through this investment deal INT plans to use Codebuddy’s SaaS offerings and render them to its non-enterprise customers

Drivio has raised USD 1 Million in seed fund led by Karini Ventures

Two-wheeler financing platform, Drivio has raised USD 1 Million in its seed funding round led by Karini Ventures and Vansun Capital. The Company plans to utilize the funds to improve the product and expand the services across the country.”

What’s Up Wellness raised a maiden angel round led by Puneet Sehgal

Digital wellness brand What’s Up Wellness has raised an undisclosed amount in its maiden angel fundraising round led by Puneet Sehgal (Hopscotch); Sahil Kukreja ( The Butternut Co.); Ritika Jaisinghani ( Elaa); Maharshi Ganatra, MGA) and Ritesh Ritolia (Boston Consulting Group)

Stride Ventures Makes Debt Investment In Battery Smart

Electric mobility startup Battery Smart has raised USD 9 Million in a debt funding round led by Stride Ventures. The battery-swapping startup is aiming to add more batteries to its network and expand to new cities across the nation

CollegeDekho Raises USD 9 Million in a new round

College admission and higher education services platform CollegeDekho has raised USD 9 Million from Janeville Limited. Founded in 2015, CollegeDekho connects students with colleges using its proprietary technology and conversation bot. It offers services like profile building, test preparation, application assistance, university selection, and visa assistance among others.

Powerhouse Ventures leads USD 1.1 Million round in Bigyellowfish

Employee experience platform Bigyellowfish has raised USD 1.1 Million in its seed round led by Powerhouse Ventures with participation from Anicut Capital and Innoport. Co-founded by Soma Sundar Gollakota and Kunal Pancholi, Bigyellowfish enables business leaders across safety, HR, operations, and asset management with predictive signaling and decision support mechanisms […]

Mount Judi Ventures leads USD 2 Million round in Bajo Foods

Keto, protein-based food brand Bajo Foods has raised USD 2 Million in a new funding round led by Mount Judi Ventures along with participation from Mr. S Ramadoral and KP Balaraj. Founded in 2019 by Sudarshan, Bajo Foods started with Keto products and provides low-carb food products – Keto packaged […]

Delhivery Acquires Supply Chain Startup Algorhythm Tech

Logistics unicorn Delhivery has acquired 100% stake in the Pune-based startup Algorhythm Tech for an undisclosed amount. Further, as part of the deal, Algorhythm Tech will become a wholly-owned subsidiary of Delhivery

Pheal has secured seed funding of INR 2.25 Cr

Pheal, an app that provides physical therapy tools care to physiotherapists has secured seed funding of INR 2.25 Cr from Mumbai-based fund Maheshwari Investors Private Limited and fitness industry veteran Pratik Agarwal.

BetterPlace Raises Fresh Funds Via Issue Of Convertible Notes

BetterPlace, a platform for blue-collar workforce management, has raised USD 40 Million via the issue of convertible notes from MC Software Investments Holdings. Founded in 2015, BetterPlace provides KYC-based digital employee onboarding services, digitizing employee records, background verification services, skill development training and assessment, and attendance management services, among others. […]

Plugzmart Raises INR 3.63 Crore In Seed Round

Smart EV Charger startup Plugzmart has raised INR 3.63 Crore in a seed round led by early-stage VC BlueHill Capital and followed by investors such as Meera Reddy of SKCL, Kartik Meyyappan, L. Ramkumar, Sivadas Raghava, and Shailaja Reddy. Founded by Vivek Samaynathan and Ragavendra Ravichandran, Plugzmart is an Original […]

Anicut Capital, Sharrp Ventures Back The Ayurveda Experience

Fireside Ventures-backed direct-to-consumer (D2C) brand The Ayurveda Experience, operated by Transformative Learning Solutions raised INR 50 Crore in a fundraising round led by Anicut Capital. The Gurugram-based Ayurvedic health and wellness platform was founded in 2010, and has product offerings in segments including skincare, body care, personal care, food & […]

Early-Stage Startup E-TRNL Energy Raise Funding

Mumbai-based battery tech platform e-TRNL Energy secured pre-seed funding of INR 7.5 Crore led by venture capital firm Speciale Invest, with participation from Micelio Mobility and CIIE. The startup will deploy the fresh proceeds to scale up its product portfolio and roll out advanced batteries.

Aquaconnect Raises USD 15 Million In Series A Round

Coastal Aquaculture Research Institute Pvt. Ltd, which operates the aqua farmers’ network Aquaconnect, secured Series A funding of USD 15 Million led by impact investment venture capital firm Lok Capital. Aquaconnect, set up by Rajamanohar Somasundaram in 2017, is an online marketplace for fish and shrimp farmers to buy quality […]

Xpedeon Raises Up To USD 10 Million

Construction software solution provider Xpedeon has raised up to USD 10 Million in funding from private equity firm Norwest. The company provides ERP for the construction Industry which includes cost estimation, budgeting, cost variation analysis, accounting, procurement, inventory management, payroll, subcontracting, and CRM

Agritech Startup Grow Indigo Raises Funding To Grow Carbon Farming In India

Mumbai-based agritech startup Grow Indigo has raised more than USD 6 Million in a fresh funding round from Indigo AG, Mahyco, and high-net-worth individuals (HNIs). Founded in 2019, the startup offers agritech solutions to address climate-related changes in the agriculture process. Grow Indigo encourages the concept of farming carbon as […]

Prosus, Accel Backs Virgio In A USD 37 Million Series A Round

Fashion startup Virgio has raised USD 37 Million as part of its Series A funding round, co-led by Prosus Ventures, Accel, and Alpha Wave Global. The company is building a fashion tech platform that will allow designers to access consumer preferences in real-time. It is also envisioning a tech-led network […]

DSG, IDEO Invest USD 7.5 Million In Deepika’s Self-Care Brand

82°E, a self-care brand co-founded by actor Deepika Padukone, raised seed funding of USD 7.5 Million from DSG Consumer Partners and IDEO Ventures. 82°E, founded by Padukone and Jigar Shah, was launched last month with skincare as its inaugural category. The fresh capital will be used for 82°E’s team expansion, […]

Dutch Investor FMO Backs Fintech Player NeoGrowth In Series D Round

NeoGrowth, an MSME-focused digital lender, has raised INR 300 crore in a Series D equity round led by FMO, a Dutch entrepreneurial development bank, along with existing investors. NeoGrowth claims to have connected with over 1,50,000 MSMEs since its inception and disbursed around $1 billion in loans. The Bengaluru-based fintech […]

Spacetech Startup GalaxEye Raises Seed Funding

Spacetech startup GalaxEye Space has raised USD 3.5 Million in a seed round led by deeptech-focused venture capital firm, Speciale Invest. The round also saw participation from investors including Artha India Ventures, Veda VC, Anicut Capital, Upsparks, and entrepreneurs like Nithin Kamath (Zerodha), Prashant Pitti (EaseMyTrip), Abhishek Goyal (Tracxn) and […]