Archive News

09/09/2021

Owl Ventures leads USD 55 million Series C funding in overseas education platform Leap

Leap Finance, a fintech platform for Indian students pursuing higher education overseas, has raised USD 55 million in a Series C funding round led by Owl Ventures. The round also saw participation from Harvard Management Compan along with existing investors Jungle Ventures and Sequoia Capital India.
09/09/2021

Subscription management startup Fleek raises USD 1 Million in seed round led by Axilor

Bengaluru-based Fleek, a subscription management platform, has raised a seed funding of USD 1 million led by Axilor. The round also saw participation from RTP Global Ventures, Titan Capital, and 9Unicorns Accelerator.
08/09/2021

Zoho invests USD 5 Million in deeptech startup Voxelgrids

Zoho, the leading Software as a Service company from India, has invested USD 5 million in Bengaluru headquartered medical devices startup Voxelgrids for a 25 percent stake. Voxelgrids that build Magnetic Resonance Imaging (MRI) scanners. It manufactures 1.5T MRI scanners that are lightweight, mobile, and easy to install, operate and […]
08/09/2021

Drone delivery startup TechEagle raises USD 500K in seed round led by India Accelerator, others

Drone delivery startup TechEagle Innovations Pvt. Ltd Tuesday said it raised $500,000 in seed funding led by India Accelerator, with participation from Vinners Group, Sitics Logistics, and marquee angel investors. TechEagle builds end-to-end technology solution for enabling a drone logistics airline for last-mile and mid-mile deliveries.
08/09/2021

Vahdam India raises INR 174 crore in Series D funding led by IIFL

Indian tea brand, Vahdam India, has raised about USD 24 million as a part of its Series D round led by IIFL AMC’s Private Equity Fund. The company’s existing investors including a consortium of Sixth Sense Ventures affiliates, the Mankind Group Family Office, Infosys founder Kris Gopalkrishnan’s family office, Urmin […]
08/09/2021

Byju’s acquires online exam preparation platform Gradeup

Indian edtech titan Byju’s has acquired online exam preparation platform Gradeup for an undisclosed amount. Gradeup will be rebranded as Byju’s Exam Prep and will cater to students preparing for over 150 entrance exams across 25 exam categories covering government jobs and post graduate entrance exams such as IAS, GATE, […]
08/09/2021

Pune-Based Plant Protein Startup Proeon Raises Funds, Eyes Global Expansion

Pune-based food ingredient startup Proeon, has raised USD 2.4 Mn in a seed-funding round led by entrepreneur Shaival Desai with participation from Flowstate Ventures, Peak Sustainability Venture Fund I, Waoo Partners and existing investor Sanjaya Mariwala, MD of OmniActive Health Technologies.
08/09/2021

InfyU Labs Raises INR 1.8 Crore Seed Round From IAN

Agritech startup InfyU Labs has raised INR 1.8 crore in a Seed round from IAN. The round was led by angel investors K.R.S. Jamwal, Sanjay Bansal and Vishnuraj Kunjur. The company specializes in creating portable devices that determine the internal quality of fresh fruits without cutting them open. InfyU uses […]
08/09/2021

On-demand staffing platform Gigforce raises USD 3 million from Endiya Partners, angels

Gigforce, an on-demand staffing platform providing pre-screened and pre-trained gig workers, has raised USD 3 million in pre-Series A funding led by Endiya Partners. Existing backer Unitus Ventures and other angel investors participated in the round.
08/09/2021

Tech Logistic Startup COGOS Raises USD 2 Mn in Pre-Series A Funding

Bengaluru-based enterprise logistics company COGOS Technologies, has raised a total of USD 2 million in pre-Series A funding. The round was led by Dubai-based global shipping and logistics player Transworld Group and New-York-based deep tech fund Worldquant Ventures and among others.
08/09/2021

Matrix leads pre-Series A funding in e-commerce enablement startup GoKwik

GoKwik, an e-commerce enablement platform, has raised USD 5.5 million as a part of its pre-Series A round of funding, led by Matrix Partners India with participation from RTP Global. GoKwik uses AI/ML technologies to solve problems like RTO and CoD conversion rates and provides checkout and UPI solutions.
07/09/2021

ShopUp gets USD 75 million from Peter Thiel’s Valar Ventures, Prosus and others

ShopUp, a business-to-business commerce startup in Bangladesh which merged with India’s fashion focused etailer Voonik in 2020, has raised USD 75 million in a new round of funding led by Peter Thiel’s Valar Ventures, with participation from Prosus Ventures – the venture arm of Prosus. ShopUp is similar to India’s […]
07/09/2021

Interior design startup Flipspaces raises USD 2 Million in pre-Series B round

Interior design tech startup, Flipspaces, has raised $2 million in a pre-Series B round from a consortium led by Prashasta Seth, Ex-CEO, IIFL AMC. The round saw participation from family groups and HNIs.
07/09/2021

Lee Fixel’s new fund invests over USD 75 million in IPO-bound Delhivery

Ahead of its proposed initial public offering, logistics company Delhivery has raised over USD 75 million in funding from Addition-a fund floated by former Tiger Global executive Lee Fixel.
07/09/2021

NFT-focussed blockchain analytics startup bitsCrunch raises INR 5.5 Crore in seed round

Chennai and Germany-based bitsCrunch, an emerging NFT focussed blockchain analytics startup, has raised a seed round of INR 5.5 crore from Covalent, Double Peak, GenBlock Capital, Ledger Prime, MEXC Global, and Synaps.
07/09/2021

B2B cross-border tech platform Geniemode raises USD 2.25 M led by Info Edge Ventures

Global B2B cross-border sourcing and supply chain technology company, Geniemode, has raised its seed round of USD 2.25 million led by Info Edge Ventures. Angel investors including Deepinder Goyal, Kunal Shah, Prashant Malik, Pankaj Gupta, and others also participated in the round.
07/09/2021

Healthcare startup Biddano raises USD 2 Million in pre-Series A1 round

Healthcare supply chain platform Biddano, has raised USD 2 million in a pre-Series A1 round from new and existing investors, including Gokul Rajaram, JPIN, Venture Catalysts UK, and AngelList, among others. Biddano helps bridge supply chain gaps between distributors and chemists with its full-stack technology platform.
07/09/2021

Online retail platform Dukaan raises USD 11 Million in pre Series A round

Dukaan, a platform that enables small merchants with no programming skills to set up an online store, has raised USD 11M in a pre-Series A round led by 640 Oxford Ventures, with participation from existing investors Snow Leopard Ventures, Lightspeed Partners, and Matrix Partners India.
07/09/2021

TheRollNumber Raises Pre-Seed Round Led By India Accelerator, Artha Venture Fund And Rudraksh ventures

TheRollNumber, a platform that verifies, attests, and issues blockchain-based credentials, has closed an undisclosed amount in pre-seed funding round, led by India Accelerator (IA), Artha Venture Fund, and Rudraksh ventures.
07/09/2021

Mumbai-based supply chain startup Elixia Tech Solutions raises USD 1 Million in pre-Series A round

Mumbai-based supply chain startup Elixia Tech Solutions Ltd, has raised USD 1 million in its pre-Series A funding round led by Rajasthan Venture Capital Fund and other angel investors. Its solutions include vehicle tracking, warehouse monitoring, complete transport management solution, fleet management, document management, end-to-end logistics control tower, distribution and […]
07/09/2021

Fintech Enabler Neokred Raises Seed Round

Neokred, a Bengaluru-based tech startup that provides open banking stack, has extended its seed round to raise an additional USD 500,000 in funding from Virenxia Group, Rajesh Jain, and Nitin Agarwal. Neokred is a fintech infrastructure company that allows corporates, fintechs and startups to start their own banking services with […]
07/09/2021

Salud Beverages Raises USD 1.1 Million Funding

Ready-to-drink gin cocktail brand Salud Beverages, has raised USD 1.1 million from actor Rana Daggubati, Srinivas Koppolu, former MD of Microsoft India and Prasad Vanga’s Anthill Ventures, among others.
07/09/2021

Saas startup NeuroPixel.AI raises USD 825K in a seed round led by IPV

Bengaluru-based deeptech Software-as-a-Service startup NeuroPixel.AI, has raised USD 825,000 in a Seed round led by angel investment platform Inflection Point Ventures. Other investors in the round include Entrepreneur First, Huddle, Dexter Angels, and Rishaad Currimjee.
07/09/2021

Goodmylk raises INR 7.3 crore in seed round extension for plant based food

Goodmylk, a plant-based dairy startup, has raised INR 7.3 crore in an extension of their seed round from Jinisha Sharma and Aditya Agarwal of AIprime Nutritions. The round also saw participation from Victoria and Abhishek Shroff of Sustainable Food Ventures, Ice Breakers Technologies Syndicate via Angellist and Bento Box, Sid […]
Top