Archive News

18/01/2021

BharatPe Bags USD 12 Million From Alteria, Looks To Raise USD 700 Million Debt By 2022

Delhi-based merchant focused payments platform BharatPe has raised USD 12 Million in venture debt from Alteria Capital, with the intention to raise USD 34 Million of debt in this round. The company intends to raise USD 700 Million of debt capital over the next two years to help small merchants […]
18/01/2021

TaaS startup KIWI raises USD 2,50,000 in seed round from PointOne Capital, Core91 VC, others

KIWI, Delhi-based global TaaS platform, has raised USD 2,50,000 in seed funding from PointOne Capital, Core91 VC, AppyHigh, and other angel investors.
18/01/2021

Tiger Global rolls out new global fund

New York-based Tiger Global Management is raising its thirteenth global private investment vehicle of corpus USD 3.75 billion, which is the same size as the previous fund that closed a year ago. Tiger Global was one of the most active venture investors having made 17 deals in 2020.
18/01/2021

Endiya, Kalaari invest seed capital in SaaS app manager Zluri

Zluri, a startup that helps mid-sized companies manage their software-as-a-service applications, has raised USD 2 million in a seed funding from Endiya Partners and Kalaari Capital.
15/01/2021

Lucknow mediatech startup Knocksense raises USD 200K in angel round

Knocksense, a Lucknow-based local news and recommendations platform, has raised USD 200,000 in an angel round of funding.
15/01/2021

AI-powered advisory firm Wright Research raises pre-seed funds from BRTSIF

Mumbai-based AI-powered investment advisor Wright Research, has raised undisclosed pre-seed funds from BSE Institute Limited Ryerson Technology Startup Incubation Foundation (BRTSIF), under the Government of India NIDHI Seed Support System. Innovation Partners Capital of Singapore also participated in this round.
15/01/2021

Social audio startup Bolkar raises undisclosed amount from GSF Investors and Axilor Ventures

Bolkar, a crowd sourced knowledge sharing and social audio platform for Bharat users, has raised an undisclosed amount from two of India’s leading early-stage venture firms GSF Accelerator and Axilor Ventures.
14/01/2021

Unacademy concludes USD 50 million secondary share sale

Unacademy has concluded a secondary transaction round that saw Tiger Global, Dragoneer Investment Group, Steadview Capital and General Atlantic purchase USD 50 million-worth of shares from existing investors to increase their stake in the edtech startup.
14/01/2021

Agritech startup Ergos raises INR 22.5 crore in funding from CDC Group

Agritech startup Ergos, has received INR 22.5 crore from United Kingdom’s CDC Group to close its INR 81 crore Series A funding round.
14/01/2021

Vehicle repair startup ReadyAssist raises USD 1 Million in seed round

ReadyAssist, an on-demand vehicle repair and service startup, has raised a seed round of USD 1 million from a group of angel investors in two tranches.
14/01/2021

Bus Tracking App Chalo Raises USD 7 Million To Expand Network To New Cities

Transport tech startup Chalo has raised USD 7 million funding from existing investors Raine Ventures, WhatsApp’s former chief business officer Neeraj Arora, and former SVP and head of Google Search Amit Singhal. The family offices of Dabur’s Saket Burman and Tarun Sawhney of Triveni Group also participated in the round.
14/01/2021

Sequoia-backed CoinSwitch Kuber raises USD 15 million Series A capital

Bengaluru-based Bitcipher Labs, which operates cryptocurrency investment platform CoinSwitch Kuber, has raised USD 15 million in a Series A funding round. Ribbit Capital and Paradigm led the round, marking their first investment in an Indian cryptocurrency startup. Returning investor Sequoia Capital India and angel investors also participated in the round.
14/01/2021

Mfine to raise INR 246 crore from existing backers

On-demand healthcare services startup Mfine is raising INR 246.04 crore from existing shareholders in the ratio of their holdings. The company counts SBI Ven Capital, Beenext, Stellaris Venture Partners, Prime Venture Partners and others as its existing investors.
13/01/2021

Actor Anita Hassanandani invests in organic beauty marketplace Vanity Wagon

Organic beauty marketplace Vanity Wagon has raised INR 1.5 crore in a seed round led by Agility Venture Partners, Alfa Ventures founder Dhianu Das, actor Anita Hassanandani and angel investor Sanjay Nagi.
13/01/2021

VComply raises USD 6 million in Series A funding from Accel, Counterpart Ventures

VComply has raised USD 6 million in Series A funding from Accel and Counterpart Ventures, as the governance, risk and compliance management platform looks to grow in the United States and expand into new markets in Europe.
13/01/2021

Karkhana.io raises USD 1.5 million in seed round

Karkhana.io, a B2B on-demand manufacturing platform, has raised a seed round of USD 1.5 million led by Vertex Ventures Southeast Asia & India. It also saw participation from several angel investors.
13/01/2021

Edtech startup PurpleTutor raises about USD 300K in seed round from IvyCap Ventures and others

Edtech startup PurpleTutor, has raised about USD 300,000 in seed round from IvyCap Ventures and others.
13/01/2021

InnoVen invests in Tiger Global-backed Infra.Market

InnoVen Capital a venture debt firm, has invested INR 50 crore in Infra.Market, a business-to-business materials marketplace backed by investors including Tiger Global Management.
13/01/2021

Blue Ashva picks up majority stake in non-bank lender SSA Finserv

SSA Finserv Pvt Ltd, a non-banking financial company that focuses on micro, small and medium enterprises, has raised USD 3 million in its first institutional funding round from Blue Ashva Sampada Fund.
12/01/2021

Siply raises USD 1 million in seed funding from Inflection Point Ventures

Micro-savings app Siply, has raised USD 1 million in seed funding from Inflection Point Ventures to expand its teams, and scale up its tech platforms and initial pilots with partners.
12/01/2021

Pune food startup True Elements raises INR 10 Crore from Maharashtra State Social Venture Fund

Pune-based food brand True Elements said it recently closed a funding round of INR 10 crore from Maharashtra State Social Venture Fund (MSSVF) a fund managed by SIDBI VC.
12/01/2021

Blockchain developer tool provider Biconomy raises USD 1.5 Million in seed round led by Eden Block

Blockchain transaction platform Biconomy, has raised a seed funding of USD 1.5 million led by European VC Eden Block. Other investors including Fenbushi Capital, Binance, DACM, Outlier Ventures, Zee Prime Capital, Woodstock Capital, MiH Ventures and others.
12/01/2021

Agri value chain enabler Samunnati raises INR 89.6 crore in debt financing from FMO, Triodos IM

Samunnati, an agri value chain enabler, has raised INR 89.6 crore in debt from FMO and Triodos Investment Management (Triodos IM).
12/01/2021

NAO Spirits and Beverages raises USD 2 Million from existing investors

Goa-based Nao Spirits & Beverages, has raised USD 2 million in its series A round of investment. The fund was led by existing investors, family offices and a boutique VC firm.
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