Archive News

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.
25/11/2021

Globalise raises seed round from Whiteboard Capital, Credit Saison, others

Global investing platform, Globalise, has raised an undisclosed seed round led by Whiteboard Capital and Credit Saison. Angel investors, including Himanshu Kohli, Rohit Jain, Rishi Khanna, and Arjun Lamba, also participated in the round.
25/11/2021

Edtech startup Edvizo raises USD 150K in angel round from ah! Ventures

Edvizo, an edtech startup that lets you search, compare and enroll in institutes for competitive exams, has raised USD 150,000 in an angel funding round from ah! Ventures angel platform.
25/11/2021

Spinny raises USD 248 million in Series E funding, turns unicorn

Pre-owned cars platform, Spinny, has raised USD 248.6 million as part of its Series E funding round at over USD 1 billion valuation. The funding round was co-led by existing investor Tiger Global and new investor Abu Dhabi Growth Fund. Existing investors, New York-based private investment firms Avenir Growth and […]
25/11/2021

Home gardening start-up Ugaoo raises pre-Series A round from DSG Consumer Partners, RPG Ventures

Home gardening and houseplant start-up Ugaoo, has raised INR 15 crore in its pre-Series A funding round led by DSG Consumer Partners and RPG Ventures, the venture capital arm of businessman Harsh Goenka-led RPG group.
25/11/2021

SME-focused digital lender Indifi raises INR 340 crore in Series D equity and debt funding

Small business-focused digital lender Indifi Technologies Pvt Ltd has raised INR 340 crore in a mix of equity and debt financing. Series D fundraising which includes an equity round of INR 140 crore and debt funding of INR 200 crore. CX Partners, and OP Finnfund Global Impact Fund I led […]
24/11/2021

Zenwork lands INR 1,200 crore in funding from US-based Spectrum Equity

Hyderabad-based Zenwork, a software-as-a-service platform for digital tax compliance and regulatory reporting for businesses, has raised INR 1,200 crore in funding from US-based growth equity firm Spectrum Equity.
24/11/2021

D2C sustainable brand Koparo raises INR 5.7 Crore in seed round

Koparo, a sustainable home and personal hygiene D2C brand, has raised a seed funding of INR 5.7 crore from Saama Capital, Titan Capital, and DSG Consumer Partners.
24/11/2021

Fintech firm Recordent raises USD 400K in angel round

Recordent, a fintech startup in the non-banking payment bureau sector, has raised USD 400,000 in angel funding from the Family Office of Kantamaneni and IIM Calcutta Innovation Park and other angel investors from India and the US.
24/11/2021

Co-living startup Settl raises USD 500K from ah! Ventures, We Founder Circle, others

Settl, a technology-driven managed accommodation platform, has raised an investment worth USD 500,000 in seed round. The funding round witnessed participation from an array of investors like We Founder Circle, ah! Ventures and other angel investors.
24/11/2021

True Balance raises USD 30 Million in debt from India, South Korea investors for financial arm

True Credits the NBFC and an affiliate of an RBI-authorised lending company True Balance, has raised USD 30 million in debt from investors, including Northern Arc, Arthmate, Shine Star, and others.
24/11/2021

NoBroker.com turns unicorn after raising USD 210 Million in Series E round

Proptech startup NoBroker, has raised USD 210 million in its Series E funding round led by General Atlantic, Tiger Global, and Moore Strategic Ventures, with its valuation crossing USD 1 billion and making it the latest entrant to the coveted unicorn club.
24/11/2021

Atmana raises USD 500k to help youngsters with phone addiction

Bangalore-based start-up, Atmana, which helps combat technology addiction has raised USD 500,000 as part of its seed round of funding. The round saw participation from investors like Y Combinator, Goodwater capital & angels like Dhruv Gupta co-founder of Orange health, and Austen Allred founder of Lambda school.
24/11/2021

Park+ raises USD 25 million in Series B funding co-led by Sequoia, Matrix Partners, others

Parking solutions platform Park+, has raised USD 25 million as a part of its Series B funding round co-led by Sequoia Capital India, Matrix Partners India and Epiq Capital. Existing and new investors, including AdvantEdge, Fund II, and Motherson Lease Solution Limited, participated in the round.
24/11/2021

SaaS startup CoreStack snaps USD 30 million in Series B funding led by Avatar Growth Capital

CoreStack, a cloud governance and compliance software-as-a-software startup, has raised USD 30 million as part of its Series B funding round led by technology-focused private equity firm Avatar Growth Capital. Existing investors Dallas Venture Capital, Iron Pillar, and other angel investors also participated in the funding round.
24/11/2021

Blume Ventures marks first close of fourth fund at USD 105 million

Blume Ventures, an early investor in startups, has hit the first close of its fourth venture capital fund at USD 105 million. Blume will continue investing in pre-seed to Pre Series A technology startups in sectors such as consumer internet, small and medium business marketplaces, as well as global opportunities […]
24/11/2021

Industrial robot maker Haber raises USD 20 million in Series B funding led by Ascent Capital

Pune-based Elixa Technologies Pvt Ltd, which operates Haber, an AI or artificial intelligence-driven robot maker, has raised a USD 20 million Series B round led by Ascent Capital. The round also saw participation from Accel, Elevation Capital, Beenext, Temasek partner Mukul Chawla and the founders of GreyOrange Samay Kohli and […]
24/11/2021

Generic medicines chain Medkart secures Series A funding from Alkemi, Insitor

Medkart Pharmacy Pvt Ltd, a retail chain of generic medicines, has raised INR 40 crore as part of its Series A funding round co-led by healthcare and wellness-focused venture capital firm Alkemi Venture Partners and impact investment firm Insitor Partners.
24/11/2021

GetSetUp Raises USD 10 Million To Expand Social Learning Platform For Older Adults

Older adults upskilling startup GetSetUp, has raised USD 10 Mn in a seed-extension funding from Cowboy Ventures and LightShed Ventures. GetSetUp offers skill classes to adults over the age of 55 through their website.
24/11/2021

Almond Solutions Raises Undisclosed Amount in Seed Round

Almond Solutions, an emerging engagement tech platform from India, has raised an undisclosed amount in its Seed round from HEXA Global Ventures. Almond Solutions is a marketing technology company that builds customer engagement solutions and platforms.
23/11/2021

Biryani By Kilo bags USD 35 million in funding led by Alpha Wave Ventures

Biryani by Kilo, a delivery-focused restaurant chain, has raised USD 35 million in its Series B funding round led by Falcon Edge venture capital arm Alpha Wave Ventures. SBI and existing investor IvyCap Ventures also participated in the round.
23/11/2021

Cleantech startup Chakr Innovation raises Series B round from Neev Fund II

Chakr Innovation, a cleantech startup, has raised an undisclosed amount as Series B growth capital from Neev Fund II, which is managed by SBICap Ventures. Chakr Innovation has developed a device that mitigates pollution at source and captures harmful particulate matter emissions.
23/11/2021

Zvolv raises USD 1.5 Million from JSW Ventures, others

Zvolv, an enterprise SaaS platform, has raised USD 1.5 million in funding, led by JSW Ventures. The round also saw participation from Riso Capital, a Silicon Valley based VC fund.
23/11/2021

Housing finance company Altum Credo raises INR 88 Crore led by Amicus Capital, Aavishkaar Capital, others

Housing finance company, Altum Credo, has raised INR 88 crore in fresh equity funding led by growth fund Amicus Capital. Existing investors Aavishkaar Capital and PS Pai & family also participated in the investment round.
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