Archive News

10/05/2018

Toppr Technologies secures USD 2.3 million funding from Alteria Capital

Venture debt firm Alteria Capital has invested INR 15 crore in Toppr Technologies Pvt Ltd, which runs an eponymous learning platform.
10/05/2018

IFC proposes up to USD 50million investment in Encore Asset Reconstruction

International Finance Corporation (IFC), a member of the World Bank Group, has proposed to invest up to USD 50 million in Gurgaon-headquartered Encore Asset Reconstruction Company Pvt Ltd (EARC).
10/05/2018

Analytics startup ThoughtSpot raises USD145 million in Series D round

ThoughtSpot,a start-up which provides search and artificial intelligence-driven analytics for enterprises has raised USD 145 million in a fresh round of funding led by its existing investors including Lightspeed Ventures, Future Fund, Khosla Ventures,General Catalyst and Sapphire Ventures.
10/05/2018

Walmart acquires Flipkart for USD 16 billion, world’s largest ecommerce deal

US retail giant Walmart Inc will pick up a 77% stake in India’s largest online retailer Flipkart for USD 16 billion,
09/05/2018

Amazon India gets INR 2600 crore infusion for marketplace

Amazon India has received a fresh infusion of INR 2,600 crore from its parent company for its marketplace business.
09/05/2018

Intel Capital leads Series A investment in conversational AI platform Avaamo

Conversational artificial intelligence platform Avaamo Inc has raised around INR 95 crore in a Series A funding round led by Intel Capital.
09/05/2018

Live-video debate app Wishfie gets seed funding

Bengaluru-based Wishfie, has raised an undisclosed amount in a seed round from angel investor Abhishek Singh, CEO of Staffopedia, and Tusker Invests, a New York-based angel network.
09/05/2018

Dubai-based Relam Investment to pump USD 250-300 million in India

Dubai-based Relam Investment LLC, a joint-venture between UAE-based Vault Investment and Vietnam-based MIG Holding, has committed to invest USD 250-300 million in India with an initial focus on real estate and technology.
09/05/2018

Angels back P2P lending platform PaisaDukan in second seed round

PaisaDukan,com peer-to-peer lending marketplace, has raised USD 225,000 from a group of undisclosed angel investors.
08/05/2018

Max Ventures invests INR 250 crore to expand capacity at packaging films unit

Analjit Singh-promoted Max Ventures and Industries has invested INR 250 crore for capacity expansion in its packaging films business unit.
08/05/2018

Sequoia-backed B9 beverages raises USD 50 million from Sofina

B9 Beverages that owns and sells the Bira 91 brand of beers has raised USD 50 million in a fresh round of funding from Brussels-based investment firm Sofina.
08/05/2018

Lenskart backs US-based reading glasses maker ThinOptics

Eyewear retailer Lenskart Solutions Pvt Ltd has invested USD 500,000 in California, US-based reading glasses manufacturer ThinOptics Inc.
08/05/2018

MTR’s seed fund backs children’s snack brand Timios in debut bet

The Timios brand, has raised an undisclosed amount from the seed fund of packaged food company MTR Foods Pvt Ltd.
07/05/2018

Lenskart earmarks USD 3 million to invest in ‘eye-tech’ startup

Online eyewear firm Lenskart has earmarked about USD 2-3 million to invest in companies that can help provide affordable eyecare solutions.
07/05/2018

Info Edge injects more money into workforce tracker Rare Media

Info Edge (India) Ltd, which runs ad portals such as recruitment services site Naukri, has made a follow-on investment of USD 513,588 in Rare Media Company Pvt Ltd.
04/05/2018

Fintech Startup OYE! Loans receives USD 2 250 000 in funding

Noida-headquartered consumer-focussed lending startup OYE! Loans has raised USD 2 250 000 seed funding from its parent company, GAIN Credit.
04/05/2018

IFC plans to inject USD 15 million more in Indian housing finance firm Aptus

International Finance Corp, a member of the World Bank Group, has proposed to invest up to USD 15 million in Chennai-based Aptus Value Housing Finance India Ltd.
04/05/2018

Fireside Ventures backs consumer electronics startup boAT

Consumer electronics startup boAT received INR 6 crore  in funding from early-stage venture firm Fireside Ventures.
03/05/2018

HNIs invest in fin-tech startup OpenTap

Chennai-based fin-tech startup OpenTap has raised more than INR 3 crore (USD 450,000) in funding from a clutch of high net-worth individuals
03/05/2018

Anthill Ventures backs Swedish electric car startup Uniti

Anthill Ventures, an early-stage investment firm and scaling platform for startups, has made an undisclosed investment in Swedish urban mobility electric car startup Uniti Sweden AB
03/05/2018

Facebook co-founder’s VC firm, others back B2B startup Bizongo in USD 22 million round

Bizongo, a business-to-business (B2B) marketplace for packaging materials, has raised USD 22 million in a Series B round of funding from B Capital and International Finance Corporation (IFC) as well as existing investors Accel Partners and IDG Ventures.
03/05/2018

China’s ZDream Ventures, others invest in social gaming startup Cricnwin

Gurugram-based social gaming platform Cricnwin has raised an undisclosed amount in a seed funding round led by Chinese accelerator and venture fund ZDream Ventures, along with a group of angel investors had also participated in the round.
02/05/2018

Healthtech startup Suki raises USD 20 million funding from Venrock, First Round, Social Capital

AI enabled healthtech startup Suki (formerly called Robin), founded by ex-CPO of Flipkart Punit Soni has raised USD 20 million led by Venrock, First Round, Social Capital, as well as individual Googlers and other angels including Nat Turner of Flatiron Health, and Marc Benioff (CEO of Salesforce).
02/05/2018

Mumbai investment firm backs online events platform TheCollegeFever

Bengaluru-based online college event ticket booking startup TheCollegeFever has raised USD 250,000 in seed funding from Mumbai-based investment firm 11,2 Advisors
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