Archive News

08/10/2021

Artisanal ice cream brand Cold Love raises INR 2.5 Crore angel round

Cold Love ice cream brand, has raised INR 2.5 crore in angel funding across two rounds. The round saw participation from Tarun Sawhney, Vice chairman and MD of Triveni Engineering & Industries Ltd, and Samir Sood, founder of Venture Highway.
07/10/2021

Geospatial SaaS startup Attentive raises pre-Series A led by Info Edge Ventures

Attentive, an early-stage B2B SaaS startup, has raised funding in a round led by Info Edge Ventures. The primary and secondary transactions together saw the investors investing over USD 2 million in the company. Redstart Labs, Pavitar Singh CTO of Sprinklr, Abhishek Khurana SVP Product Engineering of Sprinklr, and five […]
07/10/2021

Employee benefits and insurtech platform Pazcare raises USD 3.5 Million in seed round

Bengaluru-based employee benefits and insurtech platform PazCare, has raised USD 3.5 million as part of its seed round, led by BEENEXT, along with 3one4 Capital, and other investors. Pazcare enables real-time management of employee benefits and streamlines them in one place.
07/10/2021

CPaaS Startup Ozonetel Raises USD 5 Million Funding To Expand US Operations

Ozonetel, a cloud communication service provider, has raised USD 5 million in a Series A funding round from Stakeboat Capital. Ozonetel provides technical infrastructure and software solutions for call centres and omnichannel customer communication.
07/10/2021

Cryptocurrency platform CoinSwitch Kuber raises USD 260 million, valued at USD 1.9 billion

Cryptocurrency exchange Coinswitch Kuber, has raised over USD 260 million led by American venture capital firm a16z and Coinbase Ventures, bumping up its valuation four times in six months to USD 1.9 billion. Existing investors Paradigm, Ribbit Capital, Sequoia Capital and Tiger Global also took part in CoinSwitch’s round.
07/10/2021

SaaS platform Qapita raises USD 15 million funding led by East Ventures and Vulcan Capital

Qapita, a software-as-a-service platform focused on equity and transaction management for the private market, has raised USD 15 million in its Series A funding round. The round was led by East Ventures through its Growth Fund and Vulcan Capital, with participation from NYCA and other existing investors including MassMutual Ventures […]
06/10/2021

Ola Acquires Pune Based GeoSpoc To Develop Location Technology

IPO-bound Ola has acquired geospatial services provider GeoSpoc for an undisclosed sum. GeoSpoc scientists and engineers will join Ola to develop technologies that will make mobility universally accessible, sustainable and convenient, across shared and personal vehicles.
06/10/2021

US Based Dairy.com Enters Indian Market, Acquires Dairytech Startup Mr.Milkman

US-based Dairy tech company Dairy.com has acquired a 100% stake in Gurugram-based Mr.Milkman a dairy supply chain SaaS startup. Mr.Milkman serves over 60 Indian dairy brands and helps them manage aspects of dairy distribution, supply chain, customer subscription, and delivery requests through an integrated platform.
06/10/2021

EKKI invests in agritech startup Kissan Pro

Pumps and water technologies manufacturer EKKI, has invested an undisclosed amount in Bengaluru-based full-stack agri tech solutions provider Kissan Pro.
06/10/2021

Tekion raises USD 250 Million as valuation rises to USD 3.5 Billion

Tekion, a developer of cloud-based software for automotive retailers, has raised USD 250 million in its latest fund-raising round, bringing its valuation to USD 3.5 billion. Alkeon Capital and Durable Capital co-led the round. Other investors include Hyundai Motor Company, several dealer groups across the USA, and earlier backers Advent […]
06/10/2021

Karat Farms raises pre-seed funding

Bengaluru-based Karat Farms, a smart kitchen startup with focus on growing vegetables at home, has raised undisclosed pre-seed funding from Vriksh Impact Partners.
06/10/2021

SaaS platform LeadSquared Bags Funding From IFC For Expansion

Marketing automation and customer-relationship platform LeadSquared, has raised an undisclosed amount of funding from International Finance Corporation (IFC).
06/10/2021

Sunstone Eduversity raises USD 28 million in Series B funding led by WestBridge Capital

Sunstone Eduversity an edtech startup offering higher education programs, has raised USD 28 Million in Series B funding. The funding was led by WestBridge Capital with participation from existing investors Saama Capital and Alteria Capital. Sunstone Eduversity provides a hybrid learning model for MBA courses, and helps manage the technology, […]
06/10/2021

Kaar Technologies raises INR 30 Cr from BlackSoil

Kaar Technologies, a pure-play SAP digital transformation consulting and services partner, has raised INR 30 crore in acquisition financing facility from alternative credit platform BlackSoil Capital.
06/10/2021

Public transport-tech company Chalo raises USD 40 million led by Lightrock and Filter Capital

Chalo, a public transport-tech company, has raised USD 40 million in its Series C funding led by Lightrock India and Filter Capital. The startup raised the money from existing investors WaterBridge Ventures, US-based early-stage fund Raine Ventures, and others.
06/10/2021

Video infrastructure platform 100ms raises USD 4.5 million seed funding round led by Accel

Video infrastructure platform 100ms, has raised USD 4.5 million in seed funding round led by Accel with participation from Strive.vc. 100ms aims to be a live video infrastructure provider to companies looking to add Zoom-style video conferencing in their app.
06/10/2021

Licious turns unicorn after USD 52 million fundraise

Fresh meat and seafood brand Licious has raised USD 52 million in its Series G round led by IIFL’s Late Stage Tech Fund. The round values the company post-money at USD 1.05 billion.
05/10/2021

Fintech startup Hyperface raises USD 1.3 Million from CRED’s Kunal Shah, Better Capital, GFC

Bengaluru-based fintech startup Hyperface, has raised USD 1.3 million in funding from investors including Cred’s Kunal Shah, Better Capital, and GFC. Hyperface helps companies launch their own credit card programme in a matter of 4-8 weeks.
05/10/2021

ANS Commerce raises USD 2.2 Million led by Gokul Rajaram, Venture Catalysts

ANS Commerce, an ecommerce enablement startup, has raised USD 2.2 million in a Pre-Series A funding round led by Gokul Rajaram of Door Dash, also a board member at Coinbase and Pinterest and Venture Catalysts.
05/10/2021

GlobalBees acquires Matrix Partners-backed andMe

GlobalBees Brands Pvt Ltd, a Thrasio-style venture that aggregates and invests in e-commerce brands, has acquired Matrix Partners-backed andMe in its second acquisition. The acquisition marks its entry into the femtech space.
05/10/2021

Esper raises USD 60 million Series C funding led by Insight Partners

India and US-based Esper, the DevOps platform for devices, has raised USD 60 million as part of its Series C funding led by Insight Partners. Existing investors including Scale Venture Partners, Madrona Ventures and Root Ventures also participated in this funding round.
05/10/2021

D2C Brand D’Moksha Homes Raises USD 575K From Venture Catalysts And Others

Direct to consumer eco-friendly home fashion brand D’Moksha Homes, has raised USD 575,000 in angel funding round from a clutch of investors including Venture Catalysts, The Chennai Angels, and Karthik Bhat.
05/10/2021

Mobileware Technologies raises USD 4.75 million from Denmark based Kvanto Payment Services

Mobileware Technologies, an API Banking and digital payments company, has raised investment to the tune of USD 4.75 million from Denmark’s Kvanto Payment Services. Mobileware offers digital payment switches and payment orchestration systems to large banks.
05/10/2021

Insurtech startup GramCover raises USD 7 million funding led by Siana Capital, Inflexor

Rural insurtech startup GramCover, has raised USD 7 million in a Series A funding co-led by Siana Capital, and Inflexor Ventures, an early-stage venture capital fund. Stride Ventures also participated in this round alongside existing investors Omidyar Network India, Flourish Ventures and Emphasis Ventures (EMVC).
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