Archive News


Women’s wellness startup co-founded by former Ola employee raises seed funding

Azah Personal Care Pvt Ltd, a premium organic wellness startup for women has raised USD 200,000 in a seed round of funding from a group of individual investors.

API infra firm Setu raises USD 3,5 million seed

Application Programming Interface (API) infrastructure startup Setu has raised USD 3,5 million in a seed round led by Lightspeed India Partners.

Fintech lender Eduvanz Financing gets USD 2 million

Mumbai-based fintech lending startup Eduvanz Financing has raised USD 2 million from Unitus Ventures and the Michael and Susan Dell Foundation.

China’s CDH Investments leads Series B round in reseller platform GlowRoad

Women-focused reseller platform GlowRoad, run by Accelerator Enterprises Pvt Ltd, has secured USD 10 million in a Series B funding round led by Chinese alternative asset management firm CDH Investments.

Mark Mobius-backed Equanimity bets on BookEventZ,com

Online event venue booking platform BookEventZ,com, based in Mumbai has raised an undisclosed sum in Series A funding from venture capital firm Equanimity Investments,

Sequoia, Tiger Global and Accel inject USD 26 million into CleverTap

Customer lifecycle management platform CleverTap has raised USD 26 million in a Series B round of funding led by existing investor Sequoia Capital.

Smile Group backs gaming startup Zupee

Indipepper Media Pvt Ltd, which operates real money gaming startup Zupee, has raised a seed round of funding from Smile Group.

Naukri parent writes another cheque to footwear marketplace ShoeKonnect

Info Edge (India) Ltd, the parent of jobs portal Naukri and real estate website 99acres,com, has invested an additional INR 6 crore in online business-to-business footwear marketplace ShoeKonnect.

South Korean VC firm leads Series A round in payments gateway firm Cashfree

Bengaluru-based payment gateway startup Cashfree has raised INR 38 crore in its Series A funding round led by South Korean venture capital firm Smilegate Investment

Emergent Ventures invests in software firm Kuliza

Software company Kuliza Technologies Pvt Ltd has raised USD 3 million from Silicon Valley-headquartered venture capital firm Emergent Ventures.

Med-tech startup SigTuple gets new investor in Series C round

Medical-technology startup SigTuple Technologies Pvt Ltd has raised USD 16 million in a Series C round of funding led by Trusted Insight, a US-based networking platform for institutional investors.

Healthcare app mfine in talks to raise USD 17 million

Healthcare app mfine is in talks to raise USD17 million, led by private equity firm SBI Ven Capital

Hospitality firm V Resorts raises Series A capital from HNIs, existing investors

New Delhi-based Bliss Inns Pvt Ltd, which runs an asset-light resort management company under the brand name V Resorts, has raised USD 10 million in its Series A round of funding from a clutch of wealthy individuals.

Zephyr-backed potato seeds firm Utkal Tubers secures capital from Irish investor

Bengaluru-based potato seeds firm Utkal Tubers India Pvt Ltd has raised INR 10 crore in a fresh funding round from Irish strategic investor IPM Potato Group Ltd.

Eagle10 leads pre-Series A funding in electric utility vehicles maker Pi Beam

Pi Beam Labs Pvt Ltd, a startup that makes electric utility vehicles,has raised an undisclosed amount in a pre-Series A round led by Bengaluru-based early-stage investor Eagle10 Ventures and joined by venture capital firm Bluehill Capital and high net worth individuals (HNIs).

BharatPe raises USD 15.5 million funding from Insight Partners, Sequoia and Beenext

Fintech startup BharatPe has raised INR 106 crore in funding from global venture capital and private equity firm Insight Partners and existing investors, Sequoia and Beenext.

Rel Jio digital buys majority stake in Haptik for INR 700 crore

Reliance Industries (RIL) has acquired a majority stake in Mumbai based Artificial Intelligence-based conversational platform Haptik for INR 700 crore.

SoftBank is said to seek USD15 billion .

The Japanese conglomerate, is in talks with investors to add as much as USD 15 billion more to its already-massive fund.

Indian Angel Network invests more in cataloguing startup Flatpebble

Flatpebble, an artificial intelligence-driven cataloguing platform, has raised a bridge round of funding led by seed-stage investment platform Indian Angel Network (IAN).

Inventus India, IAN Fund back local discovery platform LBB

Iluminar Media Pvt Ltd, which owns and operates curated local discovery and e-commerce platform Little Black Book (LBB), has raised USD 5 million in a Series A round of funding led by investment firms Inventus India and IAN Fund.

Indifi’s Alok Mittal, other angels back hyperlocal delivery platform Baxi Fresh

Three months after pivoting from a bike taxi service to a hyperlocal delivery platform, Gurugram-based Baxi Fresh (earlier Baxi) has raised a bridge funding round from some of its existing angel investors.

Everstone scores one of its best exits as General Atlantic strikes a control deal

Private equity firm Everstone Capital has agreed to exit drug delivery technology company Rubicon Research by selling its controlling stake to US-based PE firm General Atlantic.

Airbnb bets on OYO in Series E round

San Francisco-based home-sharing marketplace Airbnb has invested an undisclosed sum in SoftBank-backed budget hospitality chain OYO.

Zodius Technology Fund invests more in lingerie e-tailer Zivame

Lingerie e-tailer Zivame has raised INR 60 crore in a bridge round of funding.