Archive News

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.
23/11/2021

Euler Motors raises USD 10 Million led by QRG Investments

Electric vehicles startup Euler Motors, has raised USD 10 million as part of its Series B round of funding led by Delhi-based QRG Investments and Holdings. Existing investors including Inventus Capital India, Blume Ventures and ADB Ventures also participated in this round.
23/11/2021

SalesKen raises USD 22 Million in Series B capital led by Microsoft and Sequoia

Sales conversation AI startup SalesKen, has raised USD 22 million in a Series B round of funding, led by M12, Microsoft’s Venture Fund. The round also saw participation from existing investor Sequoia India.
23/11/2021

D2C coffee brand Sleepy Owl raises USD 6.5 Million in Series A round

D2C coffee brand Sleepy Owl, has raised USD 6.5 million in a Series A funding round led by existing investors Rukam Capital and DSG Consumer Partners. The fresh funds will be used to boost its core team, distribution network and marketing.
23/11/2021

AVE Solutions raises INR 60 Crore from its existing investors Incofin and Maj Invest

SAVE Solutions Pvt Ltd, a rural financial inclusion services group, has raised Rs 60 crore funding from existing investors, Incofin and Maj Invest in a follow-on round. The amount will be used for scaling up its two fully-owned subsidiaries operating in the micro MSME and Grameen microfinance segment.
23/11/2021

Chronic care startup OneCare raises USD 1 Million in pre-seed round led by Multiply Ventures and Better Capital

Bangalore-based Diabetes care Startup OneCare, has raised around USD 1 million in a pre-seed investment round led by Multiply Ventures and Better Capital. The funding saw an additional participation from a host of angel investors including Kunah Shah Founder of CRED, Shashank ND Co-founder of Practo and others.
23/11/2021

Agritech startup Fasal raises USD 4 million led by 3one4 Capital

Fasal, an agritech start-up focused on precision agriculture, raised USD 4 million in a pre-Series A funding round led by 3one4 Capital. The round also witnessed the participation of existing investor Omnivore and Wavemaker Partners. Other investors include Genting Ventures, The Yield Lab Asia-Pacific, Antares Investments, and Sandeep Singhal of […]
23/11/2021

Inflection Point Ventures backs edtech start-up Toppersnotes

Toppersnotes, an edtech start-up that operates in the test preparation industry, has raised USD 1 million in a seed funding round led by Inflection Point Ventures. The round also witnessed participation from PlanB Capital, Pulkit Agrawal, CEO of Trell, Ashish Sharma, MD of Innoven Capital among others.
22/11/2021

Pune-based neuro care startup iCardin raises USD 100K in debut round

iCardin a Pune-based brain stroke and neurology health tech startup, has raised USD 100,000 from UK-based businessman Jitendra Patel, who operates the Grandbydale drugstore business.
22/11/2021

Beauty products e-marketplace Purplle raises USD 60 Million from Premji Invest in ongoing Series D round

Ecommerce beauty platform Purplle has raised USD 60 million in ongoing Series D round from Premji Invest, the family office of Wipro founder-chairman Azim Premji, valuing the direct-to-consumer brand at USD 630 million.
22/11/2021

Flipkart enters health segment, acquires majority stake in SastaSundar

Flipkart Health Pvt Ltd, a newly-created entity within the Flipkart Group, has agreed to acquire a majority stake in online pharmacy and digital health platform SastaSundar Marketplace Ltd, that owns and operates SastaSundar.com.
22/11/2021

Binance Labs invests in Hong Kong-based gaming metaverse platform MOBOX

The venture capital and innovation incubator of Binance, Binance Labs, has invested an undisclosed amount in Hong Kong-based MOBOX, a gaming metaverse platform. MOBOX is a cross-platform gaming metaverse that combines automated optimised DeFi yield farming and gaming non-fungible tokens (NFTs) to create a GameFi Metaverse.
22/11/2021

Flipkart co-founder Binny Bansal leads USD 6 million funding round in wellness platform Mindhouse

Blacktail Mindhouse Pvt. Ltd, which operates health-technology company Mindhouse, has raised USD 6 million in Seed funding led by Flipkart’s co-founder Binny Bansal. General Catalyst, Better Capital, Kwaish Capital, Anicut, and the founders of Mindhouse-Pooja Khanna and Pankaj Chaddah also participated in the funding round.
19/11/2021

Bengaluru-based Defy raises USD 5.5 Million seed round to build social crypto exchange

Bengaluru-based Defy, has raised USD 5.5 million worth seed round for the parent company, Y Combinator-backed Walrus. The round was led by Goat VC, JAM Fund, and Goodwater Capital. Also participating in this round were Gemba Capital, Night Ventures, GMO Venture Partners, Uncommon Capital, Soma Capital, and Olive Tree Capital, […]
19/11/2021

Sequoia Capital India, 120 angel investors back former Google execs’ consumer finance startup Arbo Works

Sequoia Capital India and 120 other angel investors have invested an undisclosed amount in former Google executive Caesar Sengupta’s fintech venture, Arbo Works.
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