Archive News

29/10/2020

NBFC Finova Capital raises USD 55 Million led by Sequoia Capital India, Faering Capital

Finova Capital, a Jaipur-based non-banking financial company, has raised USD 35 million from Sequoia Capital India and Faering Capital, and an additional USD 20 million from various lenders.
29/10/2020

CredAble secures USD 4.5 Million in a follow-on round from Oaks Asset Management, and more

CredAble, a Mumbai-based fintech startup focused on the supply chain finance segment, has raised USD 4.5 million in a follow-on funding round from its existing investors Oaks Asset Management and V’Ocean Investment.
29/10/2020

Agritech startup Agrix raises undisclosed amount led by Maple Capital Advisors

Agrix Agrotech a Patna-based precision and digital farming startup, has raised an undisclosed fund from various investors, including Maple Capital Advisors.
29/10/2020

FlexiLoans raises INR 150 Crore in debt and equity financing

Digital SME lending platform FlexiLoans, has raised INR 150 crore in a mix of equity and debt lines from multiple investors, with the Falguni and Sanjay Nayar Family Office leading the fund infusion.
29/10/2020

Binny Bansal-backed 021 Capital, India Quotient invest in BharatAgri

Agri-tech startup BharatAgri has raised an undisclosed pre-Series A funding round from Binny Bansal-backed venture capital firm 021 Capital and existing investor India Quotient.The funding round also saw the participation of two other existing investors Better Capital and Ajay Prabhu, operations chief of Quest Global.
29/10/2020

Freshokartz raises pre-Series A funding from Rajasthan VC Fund, others

FreshoKartz Agri Products Pvt Ltd, which operates data insights and input-sales agricultural-technology firm Freshokartz, has raised USD 1.4 million in a pre-Series A funding from investors including Rajasthan Venture Capital Fund (RVCF) and Achieving Women’s Equity (AWE) Funds.
29/10/2020

Chiratae-backed Railofy gets new investors in extended seed funding round

Rodeo Travel Technologies Pvt. Ltd, which offers online ticket booking services through its Railofy app, has extended its seed funding round by raising INR 4 crore from Roots Ventures, Astarc Ventures and Better Capital.This takes the total capital raised by the company in the seed round to INR 11 crore.
28/10/2020

B2B retail tech startup Arzooo raises USD 7.5 Million in Series A led by US-based WRVI Capital

Bangaluru-based B2B Retail-tech firm Arzooo, has raised USD 7.5 million in Series A funding led by WRVI Capital. Existing investors 3Lines Venture Capital, a US-based investor, and Jabbar Internet of UAE also participated in the current round.
28/10/2020

Online meat startup FreshToHome raises USD 121 Million in Series C led by IDC

FreshToHome, the Bengaluru-based online fish and meat ecommerce startup, raised USD 121 million in Series-C funding led by Investment Corporation of Dubai (ICD). Other investors, including Investcorp, Ascent Capital, DFC, Iron Pillar and the Allana Group also participated in the round.
28/10/2020

GetVantage raises seed funding from Chiratae, Dream Incubator, others

Fintech platform GetVantage Tech Pvt Ltd, has raised USD 5 million in a seed round which was a mix of equity and debt funding from venture capital firm Chiratae Ventures, Japan-based Dream Incubator, debt funds and NBFCs.
28/10/2020

Sequoia, Tiger Global back video editing startup InVideo

InVideo, a video creation and editing platform, has raised USD 15 million in a Series A funding round led by Sequoia Capital India. The round also includes participation from Tiger Global, Hummingbird, RTP Global and Base.
28/10/2020

Jungle Ventures leads Series B funding in blue-collar manager Betterplace

Betterplace Safety Solutions Pvt Ltd, a platform that helps firms manage blue-collar workers, has raised USD 10 million in its Series B funding round led by new investor Jungle Ventures. Existing investors Unitus Ventures, 3One4 Capital, and Venture Highway also participated in the round.
28/10/2020

Venture Catalysts leads pre-Series A funding in B2B healthcare distribution firm Biddano

Biddano Pvt Ltd, a business-to-business healthcare product distribution platform, has raised INR 5 crore in a pre-Series A funding led by startup incubator and accelerator Venture Catalysts.
27/10/2020

Hubilo raises USD 4.5 million funding led by Lightspeed

Virtual events platform Hubilo has raised USD 4.5 million in a seed funding led by Lightspeed Venture Partners and a clutch of angel investors including Freshworks chief executive Girish Mathrubootham, former LinkedIn India CEO Nishant Rao and Slideshare cofounder Jonathan Boutelle.
27/10/2020

Origo raises INR 35 Crore debt from Northern Arc Capital, others

Agritech supply chain and trade finance firm Origo, has raised INR 35 crore debt from Northern Arc Capital and other investors.
27/10/2020

BASIC Home Loan raises USD 500,000 in seed round from Picus Capital

BASIC Home Loan, a Gurugram-based startup developing a platform for automating home loans for middle and low-income households in India, has raised a USD 500,000 Seed round from Picus Capital, a Germany-based early-stage technology investment firm.
27/10/2020

FMCG startup Svami raises INR 6.5 Crore in bridge round led by Mumbai Angels Network

Svami, a Mumbai-based FMCG startup that sells non-alcoholic aerated beverages, has raised INR 6.5 crore in a bridge round leading up to a Series A round. It was led by Mumbai Angels Network, with participation from current investors including Rukam Capital Trust, Niren Shah, Managing Director of Norwest Venture Partners; […]
26/10/2020

CredAble Raises INR 18.14 Crore From V’Ocean Investment & Others

Mumbai-based Supply chain financing startup CredAble has raised INR 18.14 Crore from V’Ocean Investment & others.
26/10/2020

Jumbotail Bags USD 10.5 Million From JumboFund, Heron Rock

Bengaluru-based online B2B marketplace for food and grocery, Jumbotail, has raised USD 10.5 Million in a funding round led by USA-based JumboFund1 with Canada-based Heron Rock AL Access Funds and its JUM Fund II also participated in this round. About 22 investors had participated in this round, including Nexus Ventures, […]
23/10/2020

Tencent leads USD 5.6 million round in audiobooks platform Pocket FM

Gurugram-based Pocket FM, which operates an eponymous vernacular audiobooks platform, has raised USD 5.61 million from Tencent Cloud Europe, along with venture capital firm Lightspeed India and media house BCCL.
23/10/2020

Medtech startup EzeRx raises INR 1.75 Crore in seed round from clutch of angel investors

EzeRx, the Kolkata-based medtech startup, has raised a seed round of INR 1.75 crore led by Odisha-based incubator KIIT-TBI. Other angel investors from US and India, including Sudip Row Chowdhury, Sri Krishna Chakravarty, Manoj Patra, and Shradha Sharma, also participated in the funding round.
23/10/2020

Anand Mahindra’s family office backs ed-tech firm Ahaguru

Online learning platform Ahaguru Education Technology Pvt. Ltd, has raised an undisclosed Series A funding round led by the family office of Anand Mahindra, chairman of Mahindra Group.
22/10/2020

Fintech startup Signzy raises USD 5.4 Million led by Arkam Ventures and Mastercard

Bengaluru-based ‘no code AI platform’ Signzy, has raised fresh round of USD 5.4 million from Arkam Ventures and Mastercard. Its existing investors Kalaari Capital and Stellaris Venture Partners also participated in the current round.
22/10/2020

Venture Catalysts’ 9Unicorns leads seed funding in TagZ Foods

Qans Consumer Products Pvt Ltd, which operates Generation Z-focussed snacks brand TagZ Foods, has raised an undisclosed sum in a seed funding led by 9Unicorns, the venture fund set up by startup incubator and accelerator Venture Catalysts. Other participants include Dailyhunt co-founder Umang Bedi, NetApp cloud business head Malhar Anaokar, […]
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