Archive News

13/11/2019

100X.VC Launches Corporate Venture Capital Programme For Early-Stage Investments

Venture capital firm 100X VC has announced the launch of its formal corporate venture capital (CVC) programme, where it will be on-boarding Indian corporates as their investment partners.
13/11/2019

Windrose Capital marks first close of USD 30 million debut fund

Pune-based Windrose Capital said it has marked the initial close of its debut fund that seeks to invest up to USD 30 million in early-stage startups in India and the fund has already invested in “multiple startups” housed in financial services, healthcare logistics and artificial intelligence (AI)-based data insights sectors.
12/11/2019

Paytm plans to invest INR 500 crore in tech startups

Digital payments firm Paytm plans to invest INR 500 crore in early stage startups that build complementary technologies augmenting the digital ecosystem and the company will focus on artificial intelligence-based technology and big data solutions for new innovations that can generate large scale employment
12/11/2019

Recruiter exchange CBREX raises around USD 1 million

CBREX, a startup which connects companies to recruitment agents, has raised around USD 1 million as equity funding, from Indian high net worth investors
12/11/2019

Blume Ventures backs SaaS-based browser computability testing platform LambdaTest

LambdaTest a software-as-a-service-based automation testing platform, has raised USD 2 million in a pre-Series A funding round led by early-stage venture capital firm Blumes Ventures.
12/11/2019

Electric two-wheeler rental platform eBike Go raises funding

eBike Go, an electric two-wheeler rental startup based in Amritsar, has raised around INR 2 crore in a funding round led by Startup Buddy, the Gurugram-based early-stage investor.
12/11/2019

Nazara founder, other angels curl into bunk beds at hostel chain GoStops

GoStops, a hostel chain focused on young travellers, has raised an undisclosed sum from angel investors including Nitish Mittersain, founder and managing director (MD) of mobile games company Nazara Technologies Ltd
12/11/2019

Svasti Microfinance secures USD 10 million; MSDF and Bamboo Capital to exit

Svasti Microfinance has secured USD 10 million from a number of investors to grow its business and provide an exit opportunity to two early backers
11/11/2019

Tencent Holdings Bags 10% Stake In PolicyBazaar For USD 1.5 Billion

Chinese multinational conglomerate Tencent Holdings has reportedly acquired 10% minority stake in Indian insurance aggregator PolicyBazaar worth USD 1.5 Billion.
11/11/2019

Priyanka Chopra-Backed Dating App Bumble Gets Acquired

Dating app Bumble, which is actress Priyanka Chopra’s maiden ventures as an investor, and its sister app Baddoo have gotten acquired by an American investment firm Blackstone
11/11/2019

GVFL dunks sauce maker All That Dips in pre-Series A pool

Vadodara-based All That Dips, which offers preservatives-free dipping sauces, has received an undisclosed amount for its pre-Series A funding round from early-stage venture capital firm GVFL Ltd, formerly known as Gujarat Venture Finance
08/11/2019

Silicon Valley-based AngelList launches angel fund in India

Silicon Valley-based AngelList, an online platform which startups can use to raise capital and recruit people, has launched its venture and angel fund product in India that will allow individuals to raise small blind pools of capital and deploy them in a span of 6-12 months
08/11/2019

SaaS Maker Netcore Acquires AI Firm In Cash And Stock Deal

Mumbai-based SaaS firm Netcore Solutions has acquired Bangalore-based artificial intelligence (AI) startup, Boxx.ai. The transaction is going to be a part-cash, part-stock deal
08/11/2019

Naukri parent Info Edge writes fresh cheque to Adda247, strikes new bet

Info Edge (India), which owns and operates portals such as job site Naukri.com, has pumped in additional capital in test-prep platform Adda247, and has also invested in a new company Terralytics Analysis
08/11/2019

Hostel and PG booking app PGO raises fresh funding

Hostel and co-living booking platform Paying Guest Online (PGO) has raised USD 2 million from two new real estate executives Sreeni Musani of Ektha.com and Narsi Reddy of IRA Reality Tech
08/11/2019

Muthoot Microfin CEO writes Series A cheque to microlender Mitrata

Women-focussed microlender Mitrata Inclusive Financial Services has raised Series A funding from a clutch of individual investors including Sadaf Sayeed, chief executive officer at Muthoot Microfin
07/11/2019

Urban Ladder gets more money from existing investors

Bengaluru-based omnichannel furniture retailer Urban Ladder Home Décor Solutions has secured INR 15 crore as fresh capital from a few existing investors SAIF Partners, Sequoia Capital and Steadview Capital
07/11/2019

JAFCO, InMobi founder back kids’ transport platform PiggyRide

PiggyRide, which provides a transport platform for kids, has raised USD 1 million in a funding round led by JAFCO Investment Asia Pacific
06/11/2019

NoBroker Bags USD 10 Million Funding From General Atlantic

Rental ecommerce Nobroker has raised USD 10 Million in fresh funding from Singapore-based investment firm General Atlantic
06/11/2019

With Pre-Seed Funding Vernacular Podcast Platform Kuku FM Takes On Music Streaming Giants

Kuku FM has raised an undisclosed amount from 3one4 Capital, Shunwei Capital and India Quotient
06/11/2019

Cybersecurity startup SafeHouse Technologies secures funding from Barclays Ventures

SafeHouse Technologies, a startup focussed on mobile-first cybersecurity, has raised around INR 16 crore in a seed funding round led by Barclays UK Ventures, the venture capital business unit of British multinational financial services group Barclays
05/11/2019

Hoopy raises funds from Lead Angels, Venture Farmer

Bangalore-based vehicle maintenance startup Hoopy has raised an undisclosed amount in its recent round of fundraise from Bangalore-based family office Venture Farmer and Lead Angels Network. Venture Farmer’s contribution was advised by CreedCap Asia
05/11/2019

Times Internet invests USD 7 million in test-prep platform Gradeup

Exam preparation platform Gradeup, operated by Grade Stack Learning, has raised USD 7 million in Series A funding round from Times Internet Ltd (TIL), a subsidiary of media house Bennett Coleman
05/11/2019

Venture Catalysts invests in deep-tech computer vision startup peAR Technologies

Venture Catalysts, a Mumbai-based incubation platform, has invested an undisclosed sum of money in peAR Technologies, a deep-tech and artificial intelligence-focussed startup
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