Archive News

26/12/2018

HPCL invest pre-seed round in startup Tranzmeo

Kerala-based Tranzmeo, a ‘Nasscom 10,0000’ incubated startup, has secured an undisclosed amount in pre-seed funding from Hindustan Petroleum Corporation Ltd (HPCL) for its artificial intelligence-powered product, T-connect OneView.
26/12/2018

Eight Roads-backed Northern Arc secures USD 28.5 million debt from Dutch bank FMO

Northern Arc Capital, which lends to impact-focused companies and also facilitates debt financing raised INR 200 crore from Dutch development bank FMO via rupee denominated non-convertible debentures (NCDs)
24/12/2018

Mayfield leads Milkbasket’s extended Series A round

Gurugram-based micro-delivery grocery startup Milkbasket has raised USD 7 million in an extended Series A round led by US-based early- to growth-stage venture capital firm Mayfield Advisors
24/12/2018

Mumbai Angels Network bets on nutritional foods brand Proliva

Nutrisattva Foods Pvt Ltd, a company that offers protein-based functional foods under the Proliva brand, has raised funding from the Mumbai Angels Network
24/12/2018

Kalaari, Unilever Ventures lead Shop101’s Series B round

Mumbai-based Shop101, a mobile storefront and commerce platform for sellers, has raised INR 80 crore in a Series B funding round led by venture capital firm Kalaari Capital and consumer goods giant Unilever’s investment arm Unilever Ventures
24/12/2018

Axilor leads fresh funding round in local language social platform Khidki

Location-based local language social platform Khidki has raised an undisclosed sum in a round led by Axilor Ventures the investment firm-cum-accelerator led by Infosys founders Kris Gopalakrishnan and SD Shibulal
24/12/2018

Tencent gets a slice of Swiggy as Naspers leads USD 1 billion funding round

Online food delivery startup Swiggy has raised USD 1 billion in a fresh round of funding led by South African technology conglomerate Naspers, marking one of the single-largest infusions into an Indian startup.
24/12/2018

Venture debt provider Alteria Capital backs healthcare services firm Portea

Venture debt firm Alteria Capital Advisors LLP has invested INR 25 crore in Bengaluru-based healthcare services venture Healthvista India Pvt Ltd, which provides home healthcare services under the Portea Medical brand.
24/12/2018

Impact investor Menterra invests in OmiX Labs, three other companies

Early-stage impact investor Menterra Venture Advisors Pvt Ltd has invested USD 2 million in OmiX Labs, Adiuvo Diagnostics, education company Stones2Milestones and an agri-tech startup whose name it didn’t disclose.
24/12/2018

Info Edge invests more in ed-tech startup NoPaperForms

Delhi-based NoPaperForms Solutions Pvt Ltd, which runs an enrolment management platform for educational institutes, has raised INR 28 crore in a Series B funding round in an all-cash deal from existing investor Info Edge (India) Ltd, which owns job portal Naukri,com.
21/12/2018

Portea Medical parent gets INR 25 crore in debt from Alteria

Venture debt firm Alteria Capital has closed a INR 25-crore funding round in Health Vista India, which owns and operates home healthcare service provider Portea Medical.
21/12/2018

Insurance firm Acko may get a USD 25 million cover from Binny Bansal

Flipkart cofounder Binny Bansal is in talks to invest USD 25 million in new-age insurance startup Acko.
21/12/2018

Tencent gets a slice of Swiggy as Naspers leads USD1 billion funding round

Online food delivery startup Swiggy has raised USD 1 billion in a fresh round of funding led by South African technology conglomerate Naspers.
20/12/2018

Axilor Ventures, others open funding window for Khidki

Hyperlocal regional social content platform Khidki has raised an undisclosed amount in a funding round led by Axilor Ventures and with participation from Astarc Ventures, Gemba Capital, Purple Patch Ventures.
20/12/2018

Fosun, Bertelsmann invest in LetsTransport’s Series B round

LetsTransport, a tech-enabled logistics marketplace for intra-city deliveries, has raised INR 100 crore in a fresh funding round jointly led by Chinese conglomerate Fosun International and strategic investment firm Bertelsmann India Investments
20/12/2018

Mumbai Angels Network bets on nutritional foods brand Proliva

Nutrisattva Foods Pvt Ltd, a company that offers protein-based functional foods under the Proliva brand, has raised funding from the Mumbai Angels Network.
20/12/2018

Kalaari, Unilever Ventures lead Shop101’s Series B round

Mumbai-based Shop101, a mobile storefront and commerce platform for sellers, has raised USD 11 million  in a Series B funding round led by venture capital firm Kalaari Capital and Unilever Ventures
19/12/2018

Generico raises USD 3 million in Series A funding

Generico, a Mumbai-based pharmacy retail startup exclusively selling low-cost generic medicines raised USD 3 million in Series A funding from early stage investment funds Tomorrow Capital and Whiteboard Capital, and angel investor Gagan Goyal.
19/12/2018

Vivriti Capital raises INR 200 crore from Creation

Vivriti Capital, a Chennai-based lending platform for corporate entities, has raised equity funding of INR 200 crore in its series-A round from Creation Investment, an investment management company dedicated to financial services.
19/12/2018

Ola to pump USD 100 million into scooter-sharing startup Vogo

Ride-hailing unicorn Ola  will invest USD 100 million in scooter-sharing firm Vogo in a move aimed at diversifying its offerings
19/12/2018

Sequoia Capital leads fresh funding round in payments firm MobiKwik

Digital payments firm One MobiKwik Systems Pvt Ltd, which runs MobiKwik, has raised around INR 24 crore in a fresh round of funding led by existing investor Sequoia Capital India.
19/12/2018

DataTrained gets USD 1.7 million in extended seed round; ImpactGuru pockets fresh funds

Bengaluru-based DataTrained Education Pvt Ltd, which operates an ed-tech startup on data science, has raised around INR 12 crore in its second round of seed funding from a clutch of India- and US-based affluent individuals
19/12/2018

Entrust Family Office invests in skincare clinic chain Oliva

Bengaluru-based Entrust Family Office Investment Advisors, an advisory firm that offers investment services to high-net-worth individuals, has invested INR 10 crore in Sreyas Holistic Remedies Pvt Ltd on behalf of its clients.
18/12/2018

MogliLabs gets USD 23 million in round led by Accel Partners and IFC

MogliLabs, which owns and operates B2B industrial goods marketplace Moglix, has raised USD 23 million in a fresh round of funding, led by marque venture capital firm Accel Partners and existing investor International Finance Corporation (IFC).
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