Archive News

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).
18/12/2018

Naspers leads USD 540 million investment round in Byju’s

Bengaluru-based Think and Learn Pvt Ltd, which runs ed-tech startup Byju’s, has raised USD 540 million in a round led by South African tech conglomerate Naspers.
18/12/2018

Venture Catalysts backs diaper maker Superbottoms

Incubation platform Venture Catalysts has invested an undisclosed amount in Superbottoms, which makes diapers for babies.
18/12/2018

Omidyar Network India strikes first overseas deal with bet on ringtone app Vyng

Impact investment firm Omidyar Network India has made its first overseas bet by jointly leading a Series A investment of USD 4 million in Vyng.
18/12/2018

FINO Paytech backs fintech startup CityCash to set up payments solution

Financial services company FINO PayTech Ltd has invested an undisclosed amount in Mumbai-based fintech startup CityCash.
17/12/2018

Gray Matters Capital invests in govt jobs app MadGuy Labs

US-based impact investment firm Gray Matter Capital has invested USD 150,000 in Hyderabad-based government jobs app MadGuy Labs.
14/12/2018

Sagisu secured seed funding

Sagisu, an intra-city logistics solution provider, has secured USD 2,100,000 in a seed funding round from prominent investors in the US and India.
14/12/2018

Venture Catalysts backs Ambee

Venture Catalysts has invested an undisclosed amount in Bengaluru-based environmental intelligence startup Ambee
14/12/2018

Matrix Partners invests in Housejoy

Online services marketplace Housejoy has raised about USD 3,240,000  in a bridge funding round led by existing investor Matrix Partners.
14/12/2018

Vyng raises USD 4 million from Omidyar, others

Vyng, a Los Angeles-based company focused on transforming how conversations start on mobile, has raised USD 4 million in a Series A round co-led by Omidyar Network India and returning investor March Capital Partners.
14/12/2018

US-based impact investor backs recruitment startup FeedMyPockets

Bengaluru-based on-demand staffing platform FeedMyPockets has raised seed funding of USD 625,000 from an undisclosed impact investor based in South Florida, US.
13/12/2018

LambdaTest gets USD 1 million in Pre-Series A funding

LambdaTest, a cloudbased testing platform, has a pre-series A funding of USD 1 million from Leo Capital, a venture capital firm.
13/12/2018

Prime Venture backs Foodybuddy’s pre-Series A funding round

Foodybuddy, a home-cooked food distribution network, raised INR 6 crore from Prime Venture Partners in Pre-Series A funding round.
13/12/2018

Auctus leads USD 3.5 million funding in Pimcore

Pimcore, an open-source platform for data and customer experience management, has closed USD 3,500,000  in a Series A funding round led by German investor Auctus Capital.
13/12/2018

Lead Angels, Eagle10, Contrarian Drishti lead funding in SaaS firm Zestl

Pune-based Zestl Software Pvt Ltd, which operates an enterprise SaaS (software-as-a-service) platform for automated workflows, has raised an undisclosed amount in a pre-Series A round The round was jointly led by Mumbai-based Lead Angels Network, Eagle10 Ventures and Contrarian Vriddhi Fund.
13/12/2018

Accel, Syngenta invest in B2B marketplace Ninjacart’s Series B round

Bengaluru-based 63Ideas Infolabs Pvt Ltd, which runs business-to-business agri-marketing platform Ninjacart, has raised INR 250 crore in a Series B funding round led by US-based Accel and Switzerland-based agri investor Syngenta Ventures.
12/12/2018

China’s Fosun, others back online loan facilitator PerkFinance

Bengaluru-based online platform PerkFinance, which facilitates loans through its lending partners to blue-collar workers, has raised USD 900,000 in a seed round from China’s Fosun RZ Capital and angel investors Eric Bunting, Krishna Vinjamuri and Karan Virwani.
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