Archive News

07/08/2018

Shopx raised USD 35 Million from Fung to fuel expansion plans

ShopX, a B2B startup which connects retailers and kirana store owners in small towns with FMCG brands, has raised USD 35 Mllion from Fung Strategic Holdings to fuel its expansion plans.
07/08/2018

Japan-based Gojo & Company leads investment in women-focused Satya MicroCapital

Women-focused Satya MicroCapital Ltd has raised INR 43 Crores from Gojo & Company and existing social-impact investor Dia Vikas Capital Private Ltd.
06/08/2018

Bus aggregator ZipGo in talks to raise funding from Essel Group

Bus aggregator ZipGo Technologies Pvt Ltd is in advanced talks to raise USD 50 million from Essel Group.
06/08/2018

Car rental startup Zoomcar raises USD 3.6 million debt funding from Trifecta

Self-drive car rental start-up Zoomcar India Pvt Ltd has raised  INR 25 crore in debt funding from Trifecta Capital.
06/08/2018

Swiggy in talks to raise up to USD 500 million, valuation may hit USD 2.5 billion

Swiggy in talks to raise up to USD 500 million from SoftBank,General Atlantic,Tybourne Capital and Hillhouse Capital.
06/08/2018

Xiaomi, Sequoia invest in entertainment chat app Samosa Labs

Hyderabad-based social media and chat entertainment platform Samosa Labs has raised USD 7 million (INR 48 crore) in a fresh funding round from handset maker Xiaomi and venture capital firm Sequoia Capital India
06/08/2018

Y Combinator invests in home rental marketplace ZiffyHomes

ZiffyHomes, an online marketplace for home rental services, has raised USD 120,000 (around INR 82 lakh) from Silicon Valley-based accelerator Y Combinator.
03/08/2018

Lending startup ZestMoney buys PhotographAI to boost current technology

Bengaluru-based startup ZestMoney has acquired artificial intelligence platform PhotographAI with an undisclosed amount.
03/08/2018

SIS to acquire SLV Security Services

Security and Intelligence Services (India) Ltd has acquired Gurugram-based SLV Security Services with an undisclose amount.
03/08/2018

Ebix buys Mercury, Leisure Corp for USD 14 million

US-based software firm Ebix Inc to acquire Mumbai based Mercury Travels and Delhi based Leisure Corp for a cumulative amount of approximately USD 14 million.
03/08/2018

Globevestor, others invest in AI startup Actionable Science

Artificial intelligence startup Actionable Science has raised USD 1 million in seed funding from online venture capital firm Globevestor and California-based fund Tri-Valley Ventures.
02/08/2018

Purple Style Labs bags USD 3 million funding

Purple Style Labs has raised an investment round of USD 3 million from Astarc Ventures,Binny Bansal and Jitendra Gupta.
02/08/2018

AI startup Racetrack secures USD 5 million

Artificial intelligence startup Racetrack,ai has secured USD 5 million from a group of high net-worth individuals.
02/08/2018

Children edutainment kits startup Flinto gets venture debt from Innoven

Flinto Learning Solutions Pvt Ltd, a startup offering activity-based education kits for children, has raised INR 6 crore in venture debt from InnoVen Capital.
02/08/2018

India Quotient, IAN Fund back non-alcoholic beer maker Coolberg

Non-alcoholic beer maker Coolberg Beverages Pvt Ltd has raised an undisclosed seed amount from venture capital firm India Quotient and Indian Angel Network.
02/08/2018

Venture Catalysts seed funds operating system startup PrimeOS

PrimeOS, has raised an undisclosed amount of seed funding from incubation platform Venture Catalysts.
01/08/2018

Timla Foods raises USD 2 million in debt financing

Hyderabad-based Timla Foods, which makes ready-to-eat popcorn under the brand ‘Popi-Corn’, has raised USD 2 million in debt financing from Anicut Capital.
01/08/2018

JRS Investments, others back DIY mobile app maker forBinary

Mumbai-based do-it-yourself (DIY) app maker platform forBinary has raised an undisclosed amount of seed funding from JRS Investments and other angel investors
01/08/2018

IDG, Kalaari invest Series A funds in health-tech startup HealthPlix

Bengaluru-based HealthPlix Technologies Pvt Ltd, which runs an artificial intelligence-based medical records platform, has raised USD 3 million  in a Series A funding round from venture capital firms IDG Ventures India and Kalaari Capital.
01/08/2018

Nirvana Health Group’s founder backs health-tech startup HealthSignz

Hyderabad-based startup HealthSignz Technologies Pvt Ltd has raised USD 5 million in a round led by Kantilal Patel, founder of New Zealand-based Nirvana Health Group.
01/08/2018

Accel, Sequoia lead USD 100 million investment as SaaS firm Freshworks gets unicorn tag

Freshworks, a cloud-based business software firm, has raised USD 100 million in a Series G round of funding from Accel Partners, Sequoia Capital, CapitalG, the VC arm of tech giant Google’s parent firm Alphabet.
01/08/2018

Hunch Ventures, former 3M India exec back health-tech startup MyHealthcare

Gurugram-based MyHealthcare, has raised USD 2 million in its Series A funding round led by investment firm Hunch Ventures.
01/08/2018

Techstars’ accelerator, others invest in food-tech startup Dishq

Dishq, a Bengaluru-based personalisation technology firm focusing on the food and beverage industry, has raised USD 400,000  in a pre-seed round of funding from Techstars and Arts Alliance.
01/08/2018

Axilor Ventures, Sprout Venture back fintech startup Healthfin

Pune-based patient financing platform Healthfin has raised an undisclosed amount in pre-Series A funding from Axilor Ventures, Sprout Venture Partners and clutch of individual investors.
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