Archive News

01/12/2021

EdTech startup NxtWave raises USD 2.8 million pre-Series A funding

Hyderabad-based EdTech startup NxtWave, has raised USD 2.8 million pre-Series A funding led by Orios Venture Partners and Better Capital. NxtWave aims to build an online university for 4.0 tech careers without the need for a conventional college degree.
01/12/2021

Photography Workflow Management platform Premagic bags INR 2 crore in Pre-seed funding

Photography Workflow Management platform Premagic, has raised INR 2 crore in a pre-Seed funding round from 300 ventures and angel investors.
01/12/2021

Inflection Point Ventures backs data management platform Parablu

Parablu Inc, a software as a service data management platform, has raised USD 1 million led by Inflection Point Ventures.
01/12/2021

Ykrita Life Sciences raises USD 1.2 million Seed funding led by Venture Catalysts

Ykrita Life Sciences (YLS), has raised a sum of USD 1.2 million in the seed funding round led by Venture Catalysts. Indian Scientific Innovation Company Limited also participated in this round. Ykrita Life Sciences is a team of inter-disciplinary scientists and clinicians working together to develop a remedy for acute […]
01/12/2021

Online B2B logistics firm DCGPac raises INR 5 crore from Venture Catalysts, 9unicorns, others

DCGPac.com, an online business-to-business packaging solutions and products company, has raised INR 5 crore in its pre-Series A funding round led by incubator and accelerator platform Venture Catalysts, and a fund set up by Venture Catalysts–9unicorns.
01/12/2021

Edtech startup Adda247 secures USD 20 million in Series B funding led by WestBridge Capital

Multilingual edtech platform Adda247, has raised USD 20 million as part of its Series B funding round led by private equity firm WestBridge Capital. Existing investors, including Info Edge, Asha Impact and JM Financials participated in this investment round.
01/12/2021

Game-based investment startup Fello raises USD 1 million in Seed funding

Fello, which claims to be India’s first game-based investment startup, has raised $1 million in its Seed funding round led by global investor Entrepreneur First. Other investors in the seed round included Acequia Capital, Kube VC, Upsparks, JITO Angels, Dexter Angels, and other HNIs.
01/12/2021

Artha Venture Fund leads seed round funding in new-age wellness startup InstaAstro

Wellness and spiritual services platform InstaAstro has raised Rs 3.2 crore in a seed funding round led by early-stage micro-venture capital firm Artha Venture Fund. InstaAStro also saw participation from angel investor Ramakant Sharma’s LogX Ventures.
01/12/2021

Citi Invests In ESOP And Cap Table Management Startup Qapita

American multinational investment bank Citi has invested an undisclosed amount in Singapore and Hyderabad-based ESOP and cap table management SaaS startup Qapita’s series A round.
30/11/2021

ABL Workspaces raises INR 15 crore in Series A funding round

Co-working and working space provider ABL Workspaces has raised a sum of INR 15 crore from Canada-based Ethik Inc in a Series A funding round. ABL Workspace offers office space to its clients across segments, including new-age startups, independent working professionals, and mid-sized companies.
30/11/2021

Cloud storage startup Digiboxx raises undisclosed sum at USD 15 million valuation

Homegrown file storage and sharing platform Digiboxx has raised an undisclosed sum led by CapGro Pvt Ltd in its pre-Series A funding round at USD 15 million valuation.
30/11/2021

Bessemer raises new dedicated USD 220 million fund for Indian startups

US-based venture capital firm Bessemer Venture Partners, has raised a new dedicated India fund with a corpus of USD 220 million. The fund will focus primarily on early-stage investments, backing companies through seed to growth-stage rounds.
30/11/2021

Edtech 21K School raises USD 5 million from Ronnie Screwala

E-learning platform 21K School, has raised pre-series A funding of USD 5 million from upGrad Co-founder and Chairman Ronnie Screwvala. The platform teaches all core subjects and skill-based activities, along with computational thinking, coding, yoga, dance, music, etc. as part of the curriculum.
29/11/2021

E-commerce markeplace OneGreen raises Pre-Seed round led by actors Rannvijay, Vidya Malawade, others

OneGreen Technologies Pvt Ltd, a marketplace focused on organic products, has raised an undisclosed amount in a Pre-Seed funding round from well-known personalities Rannvijay, Vidya Malawade and Nikhil Chinapa.
29/11/2021

Slice turns unicorn after raising USD 220 million from Tiger Global, Insight Partners

Slice, a new-age credit card startup which offers flexibility to pay bills, manage expenses and give reward points, has raised USD 220 million in new funding led by US-based investors Tiger Global and Insight Partners at a billion dollar valuation. The round also saw investment from new investors such as […]
29/11/2021

Theia Ventures, Social Alpha invest in Canvaloop Fibre’s Pre-seed round

Theia Ventures and Social Alpha have announced a pre-seed investment of USD 200,000 in Gujarat-based CanvaLoop Fibre Private Limited. CanvaLoop through its proprietary technology converts agricultural waste to textile fibres.
29/11/2021

Xponents raises USD 1.56 million in Seed funding from UAE-based venture capitalist

Xponents, a platform that enables family-owned businesses to synergise with the startup ecosystem, has raised USD 1.56 million in a Seed funding round from a UAE-based venture capitalist. The company plans to allocate the funds to create and enhance its upcoming AI-based platform that creates synergy between the ecosystem across […]
26/11/2021

Drona Pay raises USD 500K in seed funding

Mumbai-based SaaS tool Drona Pay, has raised USD 500K in a seed round from Varanium Capital, Credit Saison and from fintech veterans including Kunal Shah, Jitendra Gupta, Amrish Rau and a few others. Drona Pay help banks, BNPLs, payment processors & FinTechs defend against frauds in payments and lending.
26/11/2021

Rentomojo raises INR 145 crore in debt and equity round

Furniture rental platform Rentomojo has raised INR 145 crore in debt and equity. INR 130 crore of this was raised from a clutch of large institutional players, the remaining INR 15 crore is equity raised from existing investors including Accel and Bain Capital.
26/11/2021

Upstox raises USD 25 million from Tiger Global affiliate at USD 3.39 billion valuation

Online stock broking company Upstox, has raised USD 25 million as a part of its Series C funding at USD 3.39 billion valuation. The funding round was led by Tiger Global Management’s affiliate Internet Fund V Pte Ltd.
25/11/2021

EV startup Simple Energy raises USD 21 Million in oversubscribed pre-series round

Bengaluru-based electric vehicle startup Simple Energy, has raised USD 21 million pre-series investment round. Funding round led by existing and new investors, including Manish Bharti of UiPath. This round also witnessed participation from new investors such as Sattva Group, Athiyas Group, and several high net-worth individuals.
25/11/2021

Dream Sports raises USD 840 million at USD 8 billion valuation led by Falcon Edge, DST, others

Dream Sports, which owns fantasy sports platform Dream11, has raised USD 840 million from Falcon Edge, DST Global, D1 Capital, Redbird Capital and Tiger Global. The funding round also saw participation from TPG and Footpath Ventures.
25/11/2021

The Barbeque Company raises USD 1.5 million in pre-seed funding

Casual dining chain The Barbeque Company, has secured USD 1.5 million in its pre-seed funding round from a group of angel investors led by Nitesh Agarwal.
25/11/2021

Credit Fair Secures Undisclosed Debt Funding From Northern Arc

Credit Fair, a consumer lending fintech start-up has secured undisclosed debt from Northern Arc to help underserved Indians from Tier II and Tier III cities to move up the credit ladder. Plans to use the debt fund amount to offer specific financing for education, medical, electric vehicles, and home renovations.
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