Archive News


Digital justice firm Jupitice raises USD 4 million from Dubai-based Almas Capital

Jupitice, a justice technology company, has raised USD 4 million in a Pre-Series A round led by Almas Capital Ltd. Jupitice is focused on the total digital transformation of the global dispute resolution ecosystem in the form of intelligent workflows to cater to the diverse and unique needs of all […]

Minko raises USD 1.5 million in seed round

Minko, a retail fintech platform that provides credit facilities to small Kirana and retail shop owners, has raised USD 1.5 million in a seed round funding led by LC Nueva. It offers distributors a B2B payments stack integrated with its flagship product, Minko Credit, thereby offering a technology platform to […]

Supply chain fintech company Veefin raises USD 3 million in Series A funding round

Supply chain financing company Veefin, has raised USD 3 million in funding from Dubai-based HNI Rajesh Rajendran. It leverages its configurable SCF platform to provide financiers with short implementation timelines.

Distribution platform Ripplr raises USD 12 million in pre-Series B round

Ripplr, a tech-enabled distribution and logistics ecosystem platform, has raised USD 12 million in pre-Series B funding. The funding round was a mix of equity and debt, which saw participation from Sojitz Corporation, a Japanese conglomerate and Stride Ventures, along with existing investors 3one4 Capital, Zephyr Peacock India Growth Fund […]

Eggoz raises USD 3.5 Million in Series A round from NABVENTURES Fund and existing investors

Eggoz, an egg-focused consumer brand, has raised Series A funding of $3.5 million led by Nabventures. The round also saw participation from Avaana Capital, Rebright Partners, Bellerive Capital and angel investors Sanjiv Rangrass and Indresh Saluja.

D2C-focused VC firm Fluid Ventures invests in Jaipur textile firm Fabriclore

Jaipur-based textile commerce platform Fabriclore has raised USD 700,000 pre-Series A funding led by Fluid Ventures. Fabriclore is an online brand that aims to revive India’s use of both traditional and modern fabrics by delivering high-quality curated fabrics.
23/12/2021 raises INR 137.5 cr from Mohandas Pai, others

Global digital employment platform, owned by Quess Corp, has raised INR 137.5 Cr in a funding round led by Akash Bhanshali (Volrado Venture Partners) and Mohandas Pai (Meridian Investments), with participation from Quess.

Unbox Robotics raises Series A round from 3one4 Capital, Sixth Sense Ventures, others

Pune-based supply chain robotics technology company Unbox Robotics has raised USD 7 million in a Series A funding round led by 3one4 Capital, along with the participation of Sixth Sense Ventures and Redstart Lab. Existing investors US-based venture capital firm SOSV, Arali Ventures, WEH Ventures, BEENEXT, Karthik Bhat’s Force Ventures […]

A91 Partners, Fireside Ventures lead $30 mn funding in bicycle brand Ninety One

Bicycle brand Ninety One, owned and operated by AlphaVector India Pvt Ltd, has raised USD 30 million in its Series A funding round from A91 Partners LLP, Fireside Ventures, Avaana Capital and Titan Capital.

Social commerce startup Gobillion nets USD 2.9 million funding led by YCombinator

Social commerce startup Gobillion, has raised USD 2.9 million in seed funding round led by YCombinator, Tinder founder Justin Mateen and Pioneer Fund. Other marquee investors who participated in the round include Soma Capital, Goodwater Capital, Olive Tree Capital, Chris Golda Investments and others.

Masai School acquires data analytics firm Prepleaf for USD 1 million

Edtech and skilling startup Masai School has acquired Delhi-based Prepleaf, an end-to-end placement preparation company that focuses on data analytics, for USD 1 million.

Captain Fresh raises USD 40 Million Series B led by Tiger Global, Prosus Ventures

Tech-enabled B2B seafood marketplace Captain Fresh has raised USD 40 million Series B investment led by Tiger Global and Prosus Ventures. Existing investors Accel India, Matrix Partners India, Ankur Capital, and Incubate Fund also participated in the round.

Aarna Networks gets funds from SVQuad Ventures, Inventus Capital, others

Aarna Networks, has secured USD 3.5 million in a Seed funding from SVQuad Ventures. Other participants include Inventus Capital, RiSO Capital and Arka Ventures, among others. Arna Networks is an open-source software company that provides a platform for orchestration, lifecycle management, and automation of 5G network services and edge computing […]

9Unicorns, Venture Catalysts, others invest in pre-seed round in fintech startup Tyke

Mumbai-based fintech start-up Tyke, has raised USD 1.5 million in its pre-Seed round of funding from 9Unicorns, Better Capital, Ratio Ventures, and Venture Catalysts. Tyke is focused on automating PE investment deals. Its service enables founders to create a round, set terms and invite investors to participate.

TenderCuts raises INR 30 crore via debt

Tech-enabled fresh meat and seafood ordering platform, TenderCuts has raised Rs 30 crore funding via debt from venture debt firm Stride Ventures.

B2B food marketplace Jumbotail raises USD 85 Million in Series C round

Retail platform and food and grocery B2B marketplace, Jumbotail, has raised USD 85M in a Series C funding round led by Artal Asia Pte. Ltd., an affiliate of global equity investment firm Invus. Ajax Capital, the family office of entrepreneur Ajay Gupta, also participated in the round. Nexus Venture Partners […]

Bizongo raises USD 110 million from Tiger Global, others at USD 600 million valuation

B2B ecommerce and supply chain enablement platform Bizongo, has raised USD 110 million in funding, led by Tiger Global Management. With the latest round, Bizongo’s valuation has soared to USD 600 million. The series D round also had new investments coming from CDC and IFC EAF, while existing investors BCap, […]

B2B Marketplace OfBusiness Raises USD 325 Millionn At USD 5 Billion Valuation

Gurugram-based B2B marketplace OfBusiness, has raised USD 325 Million in its Series G funding round led by Alpha Wave Ventures II, Tiger Global Management and Softbank Vision Fund 2 at a valuation of nearly USD 5 Billion.

Cars24 gets USD 400 million in new funding, valuation jumps to USD 3.3 billion

Cars24, an online platform which sells used cars, has raised USD 400 million financing round led by Alpha Wave Global, formerly Falcon Edge Capital. This includes a USD 100 million debt component which has been sourced from investors like Commercial Bank of Dubai and IFM Investors in Australia.

Esah Tea raises USD 400K from NEDFi Ventures in pre-series A round

Mangaldoi-based Esah Tea, has raised USD 400,000 (Rs 3 crore) from NEDFI Venture Capital Ltd, a Guwahati-based financial institution. Esah Tea sources teas from local tea gardens across Assam and sells them through digital and physical stores.

Keka HR raises USD 1.6 million through revenue-based financing from Recur Club

Keka, an HR automation software company, has raised USD 1.6 million from Recur Club, a platform where companies generating recurring revenue can access growth capital.

Good Glamm acquires majority stake in Sirona in INR 100 crore deal

The Good Glamm Group, which owns the MyGlamm brand of beauty and personal care products, has acquired an undisclosed majority stake in feminine hygiene startup Sirona in an all-cash deal worth INR 100 crore.
21/12/2021, Boat, Vahdam Teas founders, others, back oral care brand Perfora

Perfora, a direct-to-consumer oral care brand, has raised USD 260,000 in a pre-seed funding led by The round saw participation from Huddle, Bala Sarda, Founder and CEO of Vahdam Teas, Sameer Mehta co-founder of Boat Lifestyle and Shashank Mehta founder of The Whole Truth Foods.

Zepto raises USD 100 Million in Series C at USD 570 Million valuation

Ten-minute grocery delivery startup Zepto, has raised USD 100 million in its Series C round led by YC Continuity. New and existing investors including Glade Brook, Nexus, Breyer Capital, Lachy Groom, Global Founders Capital and Contrary Capital also participated in the fresh round.