Archive News

14/03/2022

Nykaa-backer Lighthouse bets USD 27 Million on gifting platform

Homegrown private equity firm Lighthouse has made its first transaction of the year by investing USD 27 million in gifting platform Ferns N Petals.
11/03/2022

Ankit Nagori-Led Curefoods Acquires Majority Stake In Milkshake Brand Frozen Bottle

Cloud kitchen brands aggregator Curefoods has announced a majority stake acquisition of milkshake brand, Frozen Bottle. With this deal.
11/03/2022

Walmart-Backed Ninjacart Acquires Saas Startup Tecxprt To Streamline Supply Chain Operations

Agritech startup Ninjacart has acquired SaaS-based smart solutions provider, Tecxprt, for an undisclosed amount. The acquisition will enable Ninjacart to leverage Tecxprt’s rich technology suite to digitise its operations and streamline communication within the company’s ecosystem.
11/03/2022

Sequoia India, Woodstock co-lead funding in one-year-old Web3 platform

Web3 platform Metasky has secured a pre-seed funding of USD 1.8 million in a round co-led by Sequoia Capital India and Woodstock Fund.
11/03/2022

Krafton-backed Loco snags USD 42 Million from South Korea’s Hashed, Catamaran Ventures, others

Gaming platform Loco has scooped up a Series A funding of USD 42 million led by South Korea-based venture fund Hashed. The round also saw participation from a clutch of investors including Makers Fund, Catamaran Ventures and Korea Investment Partners, with existing seed backers including Krafton, Lumikai, and Hiro Capital.
10/03/2022

Tiger Global And A91 Partners To Invest In Box8’s USD 30 Million Funding Round

Cloud kitchen startup EatClub Brands, which was earlier known as Box8 is going to seal its secondary funding round deal of nearly USD 30 Mn. The startup’s existing investors, Tiger Global and A91 Partners will increase its stake.
10/03/2022

Tiger Global-backed Money View scoops up USD 75 Million in Series D round

Bengaluru headquartered fintech platform Money View, has raised USD 75 million as a part of its series D funding. Moscow-based Winter Capital and Evolvence India came onboard as new investors in this round. Existing investors- Tiger Global and Accel also participated in the fundraise.
10/03/2022

Ador Group arm buys Root Ventures-backed grooming brand Coccoon

Root Ventures-backed EM & EM Personal Care sold its personal care brand Coccoon to Ador Group arm 1908 E-ventures Pvt Ltd.
10/03/2022

Enterprise automation startup JIFFY.ai snags USD 53 Million in Series B from Eight Roads, others

JIFFY.ai, has raised USD 53 million as part of its Series B funding round led by Eight Roads Ventures. New investors Iron Pillar and R-Squared, and existing investors Nexus Venture Partners, Reaction Capital and Rebright Partners participated in the funding round, JIFFY.ai
10/03/2022

Salesforce Ventures, others invest USD 50 Million in Atlan

Data collaboration software provider Atlan Pvt Ltd has raised USD 50 million in Series B round from Salesforce Ventures, Insight Partners and Sequoia Capital India.
10/03/2022

Edtech platform Infinity Learn buys content firm Don’t Memorise

Edtech startup Infinity Learn has bought multilingual content platform Don’t Memorise for an undisclosed sum.
10/03/2022

Silq secures Series A funding from F-Prime Capital, Eight Roads, others

Merchandising and shipping solution provider Silq has raised USD 17.6 million in a Series A funding round co-led by F-Prime Capital and Flexport Ventures.Eight Roads Ventures India along with existing investors RTP Seed, Forum Ventures and other angels also participated in the round.
09/03/2022

Indian Actress Samantha Prabhu Invests In Ecommerce Marketplace SustainKart

Actress Samantha Ruth Prabhu has invested an undisclosed amount in Hyderabad-based SustainKart, an ecommerce marketplace for sustainable products, part of its seed-round funding.
09/03/2022

Blue Tokai Adds Negen Capital And Mauryan Capital To Its Captable

Delhi-based online speciality coffee retailer, Blue Tokai Coffee Roasters has announced Negen Capital and Mauryan Capital as its latest investors in an extension of its Pre-Series B funding round.
09/03/2022

SoftBank-backed Eruditus secures USD 350 Million debt funding for M&As

Edtech unicorn Eruditus Education Pvt Ltd has raised USD 350 million in debt capital from Canada Pension Plan Investment Board’s (CPPIB) credit arm to invest in mergers and acquisitions (M&As) to expand its global footprint.
09/03/2022

Equanimity launches larger second fund, already gets INR 200 crore commitments

Mumbai-based venture capital firm Equanimity Investments has launched its second fund that has a target corpus of INR 350 crore.
08/03/2022

Info Edge Acquires 76% Stake In Dating Startup Aisle For INR 91 Cr

Zomato backer Info Edge has invested INR 91 Cr in Aisle Network, a dating startup that runs four dating platforms, including Aisle, Anbe, Arike and HeyDil.
08/03/2022

AI-Driven Startup CureSkin Secures USD 5 Million In Series A From JSW Ventures

Bengaluru-based CureSkin, an AI-driven beauty and personal care startup, has raised USD 5 Million in a Series A round led by JSW Ventures. Sharrp Ventures, SenseAI and existing investors also participated in the round
08/03/2022

Social Commerce Startup CityMall Raises USD 75 Million From Norwest, Citius VC

Social commerce startup CityMall is raising close to USD 75 Million in its Series C round of funding led by its new investor Norwest Venture Partners. The will also see participation from Luxembourg-based Citius VC in the fresh round.
08/03/2022

Bollywood Actor Sara Ali Khan Invests In D2C Startup The Souled Store

Mumbai-based casual wear and pop-culture D2C startup, The Souled Store has made Sara Ali Khan its equity partner. Khan has infused an undisclosed amount in the D2C startup.
08/03/2022

WestBridge Capital backs agri-tech firm Otipy

Agri-tech startup Otipy has raised Series B funding of INR 235 crore led by homegrown private equity fund WestBridge Capital. Existing investors SIG and Omidyar Network India also participated in the round.
08/03/2022

Warburg Pincus-backed CAMS picks up majority stake in Fintuple

Warburg Pincus-backed Computer Age Management Services (CAMS) on Monday said it has acquired a majority stake in digital focused platform Fintuple, for an undisclosed amount.
08/03/2022

Sterlite Power snags INR 440 cr debt from Tata Cleantech Capital

Sterlite Power has secured a debt funding of INR 440 crore from Tata Cleantech Capital for its Nangalbibra-Bongaigaon Transmission Limited (NBTL) project .
08/03/2022

SaaS platform Hiver raises USD 22 Million in Series B funding led by K1 Capital

GrexIT Inc, which operates a software-as-a-service (SaaS) platform Hiver, on Monday has raised USD 22 Million in a Series B funding round led by K1 Capital.The round also saw participation from existing investors Kalaari Capital, Kae Capital and AngelList.
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