Archive News


Sequoia India leads Series A funding in Singapore startup IncomLend

Incomlend Pte Ltd, which operates a platform focussed on trade finance and global invoice trading, has raised $20 million (Rs 150 crore) in a Series A funding led by Sequoia Capital India, marking the latest investment in a Southeast Asian startup by the domestic arm of the global venture capital […]

ConveGenius buys learning assessment platform Gray Matters India

Noida-based edtech social enterprise ConveGenius has acquired education assessment and analytics platform Gray Matters India (GMI). Financial details of the deal have not been disclosed.  

DocSumo snags seed funding from Better Capital, Techstars

Acuvea Analytics Pvt. Ltd, which operates the document-focussed artificial intelligence startup DocSumo, has raised INR 1.64 crore in a seed funding from early-stage venture firm Better Capital, Techstars and Barclays.  

Video platform Chingari raises seed funding weeks after TikTok ban

Tech4Billion Media Pvt Ltd, which operates video-focussed social media platform Chingari, has raised INR 9.7 crore in a seed funding round led by AngelList India, with participation from investors including Utsav Somani’s iSeed, Village Global, LogX Ventures, and NowFloats co-founder Jasminder Singh Gulati.  

Venture Catalysts, MapmyIndia chairman bet on AR/VR firm Cusmat

Cusmat Technologies Pvt Ltd, which operates a training systems-focussed augmented and virtual reality firm, has raised an undisclosed seed funding in a round led by startup incubator and accelerator Venture Catalysts. Other participants in this round include, Vaibhav Domkundwar, founder of early-stage venture firm Better Inc., Pratap Atwal and MapmyIndia […]

Health wellness startup Fitspire raises USD 220K in pre-seed round

Delhi-based health and wellness brand Fitspire has raised USD 200 K in its pre-seed round led by Nikhil Parmar and Priyanka Madnani, Founders, EasytoPitch, along with Bollywood Singer Sukhbir Singh and other investors.  

Used car retailing startup Spinny buys rival Truebil

Online car retailing platform provider Spinny on Thursday said it has acquired Mumbai-based rival startup Truebil to offer a full-stack retail platform for cars. The terms of the transaction were not disclosed.  

Online beauty brand MyGlamm acquires POPxo

Online beauty brand MyGlamm has acquired women-focused content and influencer business POPxo. Priyanka Gill, founder of POPxo, will join MyGlamm’s board and will be designated cofounder of the combined entity. The terms of the transaction were not disclosed.  

Sequoia, Unitus back student loans platform Eduvanz

Eduvanz Financing, which runs an eponymous online student loans platform, has raised about USD 3 million in a Series A funding round led by Sequoia Capital and Vistra ITCL, an entity of Unitus Seed Fund India II.  

Byju’s parent buys WhiteHat Jr in USD 300 million cash deal

Think and Learn which owns and operates education technology platform Byju’s, has acquired Mumbai-based WhiteHat Jr in a USD 300 million all-cash transaction.  

Indian Angel Network invest in AI-based platform Data Sutram

Data Sutram, an artificial intelligence-based platform which helps businesses leverage location-based insights, has raised INR 2 crore from members of the Indian Angel Network (IAN). The funding round was led by Uday Sodhi, Mitesh Shah and Nitin Jain.  

Springboard gets Series B cheques from Australian VC, Microsoft co-founder’s fund

Education-technology platform Springboard, which provides career upskilling services to professionals, has raised USD 31 million in a Series B funding round led by Australian venture capital firm Telstra Ventures. Vulcan Capital, the investment arm of Microsoft co-founder Paul Allen and US-based SJF Ventures were the other new investors in the […]

DrinkPrime raises pre-Series A round led by Sequoia Surge

Subscription-based Water purifier startup DrinkPrime has secured INR 21.56 crore in its pre-Series A funding round led by Sequoia Surge. Other investors in the round include Omidyar, AL Trust, Nikhil Jaisinghami, R Ramakrishnan, and Anand Ladsariya.  

Video analytics startup Wobot raises pre-Series A funding from Sequoia

Wobot Intelligence Pvt Ltd, which operates an artificial intelligence-backed video analytics platform, has raised an undisclosed pre-Series A funding from Sequoia Capital India.  

Fintech platform Crowdpouch raises angel funding from Elina Investments

Crowdpouch Marketing Services Pvt Ltd, a platform that enables artists and entrepreneurs to launch a product through pre-selling or fundraising, has raised an undisclosed from Elina Investments.  

Short video app Bolo Indya raises USD 300K from Eagle10 Ventures, India Accelerator Group

Short video app Bolo Indya raises USD 300K investment from Eagle10 Ventures, India Accelerator Group and high net worth individuals. This has taken the total raise by the company to over USD 500K till date.  

SaaS startup inFeedo raises USD 700,000 in Series A round from Y Combinator

SaaS-based HR-tech startup inFeedo has raised USD 700,000 Series A round of funding led by Y Combinator. A couple of Indian founders and CEOs also took part in the round.  

IoT startup Probus Smart Things raises seed funding from Unicorn India Ventures

Probus Smart Things, the New Delhi-based IoT startup focussed on power sector, has received an undisclosed seed funding from Unicorn India Ventures.  

Workflow automation app Delightree raises USD 3 Million in seed round

San Francisco and Delhi-based Delightree, a workflow automation app for businesses, has raised USD 3 million in a seed round from Accel Partners, Emergent Ventures, Brainstorm Ventures, Axilor Ventures, and Alchemist Accelerator.  

Oyo founder Ritesh Agarwal sets up Aroa Ventures to place startup bets

Ritesh Agarwal, group chief executive of SoftBank-backed hospitality chain Oyo Hotels & Homes, has set up a new entity, Aroa Ventures, which will look to place early- to growth-stage bets. Aroa Ventures plans to invest between USD 500,000 and USD 5 million, and is targeting opportunities across the consumer, technology […]

Impact investor Acumen Fund leads pre-Series A funding in Haqdarshak

Haqdarshak Empowerment Solutions Pvt. Ltd, which operates a startup focussed on the delivery of government financial schemes and citizens, has raised an undisclosed pre-Series A funding led by impact investor Acumen Fund. Other investors in the round include Upaya Ventures and angel investors.  

Muse Wearables gets funding from KIMS Hospitals founder, others

Muse Wearables, a startup that sells hybrid smartwatches with a focus on fitness and payments integration, has raised INR 22 crore in funding from new and existing investors. The funding round was led by Bhaskar Rao Bollineni, the founder and managing director of KIMS Hospitals.  

Rural ecommerce startup VilCart raises bridge round from current, new investors

VilCart, a tech startup that enables retailers in villages and small towns to order consumer goods digitally, has raised a bridge funding round.  

Israel’s CrazyLabs invests in game development studio Firescore

Firescore Interactive Pvt. Ltd, a mobile game development studio, has raised INR 3.73 crore in a funding round led by multinational studio and publisher CrazyLabs.