Archive News

28/06/2019

Meesho is in talks with Naspers for USD120 million round

Meesho is in talks with South African internet group Naspers to raise a fresh USD 120-130 million financing round.
27/06/2019

Milkbasket raises Rs 15 crore from Innoven Capital

Grocery delivery startup Milkbasket  has raised INR 15 crore from venture debt firm Innoven Capital.
27/06/2019

Unacademy raises USD 50 million from Steadview Capital, Sequoia India and others

Edtech startup Unacademy has raised USD 50 million Series D from Hong Kong based hedge fund Steadview Capital, along with Sequoia India, Nexus Venture Partners and Blume Ventures.
27/06/2019

MyGlamm bags INR 100 crore from Bessemer Venture, others

Beauty brand MyGlamm has raised INR 100 crore, led by Bessemer Venture Partners, and the Mankekar family office.
27/06/2019

Recko raises USD 1 million from Prime Venture Partners

Recko which provides payment reconciliation services to companies has raised USD 1 million from Prime Venture Partners.
26/06/2019

Open gets USD 30 million from Tiger Global, others

Neo-banking platform Open has raised USD 30 million in Series-B funding led by US-based investment firm Tiger Global Management, with participation from Tanglin Venture Partners Advisors. 
25/06/2019

Indian Angel Network adds ConceptOwl to ed-tech portfolio

The Indian Angel Network (IAN) has invested around USD 500,000 in education-technology startup ConceptOwl.
25/06/2019

CureFit goals stay on track with a USD 120 million round

Health and fitness startup CureFit has closed a USD 120 million funding round, in a mix of equity and debt, with new investors including Unilever Ventures, Epiq Capital, Innoven Capital and Kotak Mahindra Bank.
25/06/2019

Mahesh Bhupathi’s beauty products startup gets funding from Unilever Ventures

Scentials Beauty Care and Wellness Pvt Ltd, which mainly offers beauty products endorsed by celebrities, has raised INR 25 crore in its Series A round of funding from Unilever Ventures.
24/06/2019

IDFC Parampara, Deepika Padukone & others invest in space-tech startup Bellatrix

Bellatrix Aerospace, an Indian Institute of Science-incubated space-tech startup, has raised USD 3 million in a pre-Series A funding round led by IDFC-Parampara, StartupXseed, Karsemven Fund (KITVEN), Survam Partners, Deepika Padukone , GrowX Ventures, CIIE ,SINE.
21/06/2019

Biryani By Kilo pockets Series A cheque from IvyCap Ventures

Biryani By Kilo, a delivery-focussed restaurant chain, has raised INR 30 crore in its Series A round of funding led by venture capital firm IvyCap Ventures.
21/06/2019

SAIF Partners leads seed funding round in fintech startup Finwego

Education-focussed financial-technology startup Finwego has raised INR 11 crore in a seed funding round led by venture capital firm SAIF Partners.
21/06/2019

USD 130 million funding brings unicorn tag to Druva

Druva, the Pune- and California-based data protection firm, has become the newest Unicorn in India’s technology startup space the company has raised USD 130 million from investors led by US-based Viking Global Investors, Neuberger Berman and Atreides Management.
21/06/2019

Trading platform FnO gets USD 2 million

Fintech startup built for futures trading FnO has raised USD 2 million in an angel round.
21/06/2019

AI frm Active,ai raises USD 3 million

AI startup Active,ai has raised USD 3 million from Innocell, the venture capital arm of Spanish banking group Banco Sabadell, in an extension of its Series-A funding round.
19/06/2019

VC-backed Vogo gets funding from former Myntra CEO, other entrepreneurs

Scooter-sharing startup Vogo Automotive Pvt Ltd has received funding from a bunch of prominent individuals, just a day after main rival Bounce announced raising a big Series C round.
18/06/2019

pi Ventures leads seed investment in industrial IoT startup SwitchOn

SwitchOn, an industrial internet of things (IIoT) platform powered by artificial intelligence, has secured USD 1 million in a seed funding round led by pi Ventures.
18/06/2019

Fosun RZ Capital leads seed funding for HR-tech startup Kredily

Human resources (HR) technology startup Kredily has raised USD 750,000 in a seed funding round led by Fosun RZ Capital, an affiliate of Chinese conglomerate Fosun Group.
18/06/2019

Razorpay lands USD 75 Million funding led by Ribbit Capital 

Razorpay has raised USD 75 million in its latest round of equity financing, led by financial technology-focused investment firm Ribbit Capital
18/06/2019

Bounce raises USD 72 million from B Capital, Falcon Edge, others 

Scooter rental startup, Bounce has raised USD 72 million in fresh funding led by Singapore-based B Capital Group and New York-based hedge fund Falcon Edge Capital.
17/06/2019

Alteria Capital writes big-ticket venture debt cheque to Lendingkart

Alteria Capital has extended INR 80 crore to digital lending startup Lendingkart, in the largest venture debt cheque written to an Indian company.
17/06/2019

Amazon in talks with NinjaCart to put funds in fresh produce space

Amazon has held discussions with Bengaluru-based B2B fresh produce supply chain company NinjaCart for a potential investment.
14/06/2019

Lightspeed, Snapdeal founders back AI platform Yellow Messenger

Conversational artificial intelligence (AI) platform Yellow Messenger has raised USD 4 million in a Series A funding round from Lightspeed Venture Partners and other angel investors.
14/06/2019

Facebook invests in social commerce startup Meesho

Social networking giant Facebook Inc has invested in Bengaluru- and California-based Meesho, an online marketplace for resellers, five years after first acquiring an Indian startup.
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