Archive News

25/03/2021

Bidgely raised INR 15 Cr from IvyCap Ventures

Bidgely an artificial intelligence-based energy analytics firm has raised INR 15 crore from IvyCap Ventures to accelerate its growth plans.
25/03/2021

Happy Jars Raises INR 3 Cr In Seed Round From Inflection Point Ventures

Happy Jars a health food brand that focuses on peanut butter products has raised INR 3 crore in a seed funding round led by Inflection Point Ventures
25/03/2021

InStoried secure early stage funding

InStoried an AI and deep-technology based content intelligence platform has raised an undisclosed sum from venture fund Rockstud Capital
25/03/2021

A91 Partners, others back Inshorts social network Public App

Location-based social network Public App has raised INR 300 crore led by A91 Partners and participation from existing investors – former Tiger Global top executive Lee Fixel’s Addition, SIG Global, and Tanglin Venture Partners
24/03/2021

Fintech startup Velocity raises USD 10.3 Million in seed round led by Valar Ventures

Bengaluru-based fintech startup Velocity, which provides collateral free loans to online businesses, has raised USD 10.3 million in seed funding led by Valar Ventures, a US-based VC firm backed by Peter Thiel.
24/03/2021

Healthtech startup Cancer Clinics closes pre-Series A round from Axilor, others

Hyderabad-based Cancer Clinics, a unit of Cipher Oncology, has raised pre-Series A funding of USD 1.5 million led by Axilor Ventures. M Venture Partners (MVP), a Singapore-based early-stage fund, also participated marking its debut in India.
24/03/2021

Edtech platform SkilloVilla raises USD 300K in seed round from Titan Capital, others

Bengaluru-based edtech platform SkilloVilla, has raised USD 300,000 in a seed round of funding from Titan Capital and other HNIs.
24/03/2021

Delhi-based Jeevam Health raises USD 150K from Y Combinator

Healthtech startup Jeevam Health, which targets the telemedicine space for autoimmune and metabolic health issues in India, has raised USD 150,000 from Y Combinator in a pre-seed round.
24/03/2021

Elevation Capital leads Series A round in SME digitisation startup FloBiz

FloBiz, which focuses on digitising small and medium enterprises, has raised USD 10 million in a Series A funding round led by Elevation Capital. Other participants include existing investors Greenoaks Capital and Beenext.
23/03/2021

Zaara Biotech bags $USD 10 million investment from UAE firm

Thrissur, Kerala-based student biotech startup Zaara Biotech has secured an investment of USD 10 million from Dubai headqutered TCN International Commerce. The startup has received the funding for its project AlgaeSeaweed Technology under the brand B-lite Cookies.
23/03/2021

Sequoia, Verlinvest lead growth round in Purplle; IvyCap books partial exit

Online beauty products marketplace Purplle, has raised USD 45 million in a funding round led by Sequoia Capital India and returning investor Verlinvest. Blume Ventures and JSW Ventures alos participated in this round. Ivy Cap Ventures, an early backer of Purplle, partially exit with 22X gains.
23/03/2021

True Balance secures debt capital for its non-banking finance arm

True Balance, a fintech firm that focuses on the consumer segment, has raised USD 10 million in debt funding for its non-banking finance company True Credits.
22/03/2021

KreditBee gets USD 70 million more in Series C funding round

Fintech lending startup KreditBee, has raised USD 70 million in the second tranche of its Series C funding round co-led by TPG-backed NewQuest Capital Partners and Motilal Oswal Private Equity.
22/03/2021

HappyPlus Consulting gets angel funding from Dubai-based investor

HappyPlus Consulting, an AI-ML-enabled HR firm that measures the happiness index for companies, has secured an undisclosed amount of angel investment from a Dubai-based high net-worth investor.
22/03/2021

NeoDove raises USD 1.5 million led by India Quotient

Sales and marketing automation platform NeoDove, has raised USD 1.5 million in seed funding led by India Quotient. A clutch of angel investors including Vyapar founder Sumit Agarwal and WakeFit founder Ankit Garg also participated in the round.
22/03/2021

M Capital Management closes first USD 31 Million VC fund to invest in early-stage startups

Singapore-based venture capital firm M Capital Management has closed its maiden M Venture Partners fund at USD 30.85 million. The fund is sector-agnostic and invests primarily in Southeast Asia and selectively in India. The fund anticipates investing in about 40 early-stage ventures with an average initial cheque size of about […]
22/03/2021

Digital lending platform IndiaLends raises USD 5.1 Million from ACP Partners and DSG Consumer Partners

Delhi NCR-based digital lending platform IndiaLends, has raised USD 5.1 million in a financing round led by existing investors ACP Partners and DSG Consumer Partners.
22/03/2021

Returning investor Kimera writes fresh cheque for edtech firm iNurture

Higher education services provider iNurture Education Solutions, has raised INR 71.5 crore from returning investor Kimera a Dubai-based family office.
19/03/2021

Prescinto raises USD 3.5 Million in seed round led by Venture Catalyts and Inflection Point Ventures

Prescinto, the artificial intelligence enabled tech startup that provides solutions for the solar industry under a software as a service model, has raised USD 3.5 million in seed round led by Venture Catalysts. The round also saw participation from Inflection Point Ventures, Mumbai Angels and others.
19/03/2021

Video-integrated social gaming platform Chirrup raises USD 300K led by Titan Capital

Chirrup, a Bengaluru-based video-integrated social gaming platform, has raised a pre-seed round of USD 300,000 from Titan Capital, iSeed, First Cheque, and 3.0 Fund.
19/03/2021

Rental space startup Livve Homes raises USD Million from angel investors

Livve Homes, a Kerala-based startup offering online deposit and payment platforms for owners as well as tenants, has raised USD 5 million in a second funding round from angel investors.
19/03/2021

IvyCap Ventures invests in online apparel firm Bewakoof

Bewakoof, a direct-to-consumer online apparel company, has raised USD 4 million from IvyCap Ventures. The funds will be used to improve branding and technology, as well as launch new product categories
19/03/2021

Amazon Leads MyGlamm’s USD 24 Million Series C Round In First D2C Investment In India

Mumbai-based beauty marketplace MyGlamm has raised USD 24 million in a Series C funding round led by Amazon India along with Ascent Capital and Wipro Consumer. MyGlamm claims to be valued at USD 100 million in the fresh financing round.
18/03/2021

PolicyBazaar raises USD 75 Million led by Falcon Edge for the UAE and Middle East biz

Online insurance aggregator PolicyBazaar, has raised USD 75 million in a round led by New York-based Falcon Edge Capital. The primary purpose of this raise is to expand the policybazaar.ae operations and relations in the UAE which does insurance and loans and credit cards.
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