Archive News

17/03/2022

Razorpay Marks Fifth Acquisition, Buys Payments Technology Startup IZealiant Technologies

Fintech unicorn Razorpay has acquired IZealiant Technologies, a fintech startup, marking its fifth acquisition in four years. However, the financial details of the deal were not disclosed by the unicorn.
17/03/2022

F2P Gaming Startup LILA Games Raises USD 10 Million For Product Development

F2P Gaming Startup LILA Games Raises USD 10 Million For Product Development led by Rainfall. The round saw participation from investors–BITKRAFT Ventures, Galaxy Interactive, Sequoia Capital, and KRAFTON and angel investors including Ryan Wyatt, CEO of Polygon Studios, Tanay Tayal, cofounder and CEO of Moonfrog Labs, and Thomas Vu, producer […]
17/03/2022

Bioenergy Technology Startup GPS Renewables Raises Funds From Neev Fund II By SBICap Ventures

GPS Renewables, a Bengaluru-based bioenergy technology startup, has raised fresh capital in a Series B funding round from Neev Fund II, a venture capital fund managed by SBICap Ventures.
17/03/2022

Data Engineering Startup Scribble Data Raises Funding From Blume Ventures

Bengaluru-based data engineering startup Scribble Data has raised USD 2.2 Million in seed funding led by early-stage venture capital firm Blume Ventures. Log X Ventures and Sprout Venture Partners also participated in this round of funding.
17/03/2022

Kora Capital-backed Clear buys financing tech platform Xpedize

Online taxation and fintech software provider Clear, has acquired supply chain supply chain financing technology firm Xpedize. The deal value stood at around INR 100 crore.
17/03/2022

Paytm’s Vijay Shekhar Sharma, Elevation Capital, others back one-year-old healthtech firm

Curelink Pvt Ltd, has secured seed capital of USD 3.5 million led by Elevation Capital and Venture Highway. The fundraise also saw participation from Digital Sparrow Capital, with angel investors including Vijay Shekhar Sharma (Chief Executive Officer of Paytm), Ankush Sachdeva and Farid Ahsan (Co-Founders at ShareChat) as well as […]
17/03/2022

Multiplier valuation touches USD 400 Million after Series B co-led round by Tiger Global, Sequoia

Employment management platform Multiplier on Wednesday said it has touched USD 400 million valuation after racking up Series B funding of USD 60 million in a round co-led by Tiger Global and Sequoia Capital India, with DST Global Partners’ participation.
17/03/2022

Tata 1mg makes strategic bet on diagnostic platform 5C Network

Online healthcare firm Tata 1mg has made strategic investment in digital diagnostic platform 5C Network for an undisclosed amount. The round also saw participation from investors including Vikram Vuppala (Founder and CEO at Nephroplus), Om Manchanda (Managing Director at Lal Pathlabs) and Viren Prasad Shetty, (COO of Narayana Health), among […]
17/03/2022

AI-backed tech firm Logically closes USD 24 Million round

Artificial intelligence-backed technology platform Logically on Wednesday said it has closed funding of $24 million (around Rs 183 crore) led by growth investor Vitruvian Partners.The round also participation from Amazon Alexa Fund, existing seed investors XTX Ventures and Northern Powerhouse Investment Fund (NPIF).
17/03/2022

Media SaaS business Amagi raises USD 95 Million at unicorn valuation

Amagi Media Labs Pvt Ltd, has raised $95 million in a new funding round led by Accel. Norwest Venture Partners and Avataar Ventures also participated in this funding round.
16/03/2022

Hero Enterprise Backs Jewellery Startup BlueStone With USD 30 Million Funding

Omnichannel jewellery brand BlueStone has raised USD 30 Million in a funding round led by Hero Enterprise’s Sunil Kant Munjal.
16/03/2022

Zomato Acquires 16.6% Stake In Food Robotics Startup Mukunda For USD 5 Million

Zomato’s board, on March 15, approved the acquisition of 16.66% stake in robotics startups, Mukunda Foods, for USD 5 Million.
16/03/2022

Licious secures USD 150 Million in extended Series F round

Meat brand Licious, operated by Delightful Gourmet Pvt Ltd, has raised USD 150 million in an extended Series F round of funding led by Singapore-based Amansa Capital. New investors, Kotak PE and Axis Growth Avenues AIF-I also invested in the latest funding round of the startup.
16/03/2022

Jungle Ventures leads Series A round in employee experience platform inFeedo

inFeedo Tech Inc., an employee experience platform, has raised USD 12 million as part of its Series A funding led by Jungle Ventures.
16/03/2022

Presight Capital-backed UpScalio snags USD15 Million led by Gulf Islamic Investments

UpScalio, a venture that funds and manages e-commerce brands, on Tuesday said it has secured pre-Series B funding of USD 15 million led by Gulf Islamic Investments (GII), with participation from Northern Arc and Unity bank.
15/03/2022

EV-Focused Lending Startup RevFin Bags INR 100 Cr In Debt For Business Expansion

Electric vehicle-focused fintech lending startup RevFin has raised INR 100 Cr in a debt financing round led by Northern Arc, LiquiLoans, UK Charity Shell Foundation, and other investors.
15/03/2022

PV cell maker Jupiter snags INR 170 cr from Edelweiss Group

Photovoltaic (PV) cell manufacturing company Jupiter International on Monday said it has secured INR 170 crore from funds managed by Edelweiss Alternative Asset Advisors Ltd.
14/03/2022

Byju Backs BYJU’s – Edtech Unicorn Founder Invests USD 400 Million, Ups Stake To 25%

BYJU’S has raised USD 800 Million in a strategic funding round led by CEO and founder Byju Raveendran, Sumeru Ventures, Vitruvian Partners, and BlackRock.
14/03/2022

Edtech Startup Classplus Raises USD 62 Million From Alpha Wave, Tiger Global

edtech startup Classplus is raising nearly USD 62 Million in a fresh round of funding led by existing investors Alpha Wave Ventures and Tiger Global.
14/03/2022

Ferns N Petals Bags INR 200 Cr Funding To Boost Ecommerce Play

Gifting platform, Ferns N Petals (FNP), has raised INR 200 Cr in funding from private equity firm, Lighthouse.The company will use the funding to fuel its expansion to newer geographies and to launch a brand campaign to raise awareness about the company.
14/03/2022

Sachin Bansal’s Fintech Navi Technologies Files For INR 3,350 Cr IPO

Flipkart cofounder Sachin Bansal’s fintech startup Navi Technologies has filed its draft red herring prospectus (DRHP) with SEBI to raise INR 3,350 Crore through an initial public offering (IPO).
14/03/2022

Marketing Automation Startup Xeno Raises Funding To Help Brands Personalise Ads

Marketing Automation Startup Xeno Raises Funding To Help Brands Personalise Ads. The seed funding round was led by Vinyl Capital, Ankur Nagpal’s Vibe Capital, Java Capital and Angel Invest Ventures.
14/03/2022

Bessemer Venture Partners launches crypto focused USD 250 Million fund

US-based venture capital firm Bessemer Venture Partners has launched a USD 250 million fund dedicated to the cryptocurrency space as it seeks to sharpen its focus on the industry as it matures.
14/03/2022

Tiger Global writes USD 20 Million cheque to edtech firm Cialfo

Singapore-based edtech startup Cialfo has raised USD 20 million as a part of its Series B extension round led by Tiger Global.
Top