Archive News

17/09/2020

Observe.AI raises USD 54 Million in Series B round led by Menlo Ventures

Observe.AI, the three-year-old tech startup founded in Bengaluru before shifting its headquarters to San Francisco, has raised USD 54 million in Series B round led by Menlo Ventures, with participation from Next47 Ventures, and NGP Capital.
17/09/2020

IAN Fund leads funding for agri-tech startup Farmers Freshzone

Farmers Freshzone Pvt Ltd, an agricultural-technology startup focussed on providing a direct-to-consumer marketplace for farmers, has raised INR 3.5 crore in funding led by IAN Fund, an investment vehicle of the Indian Angel Network.
17/09/2020

E-commerce management firm Assiduus Global raises USD 1 million in Series A funding

An e-commerce management firm Assiduus Global has raised $1 million in Series A funding from from VC Firm K Partners and some HNIs for its India business.
17/09/2020

Munich Re’s VC arm backs online insurer Acko in first India bet

Insurance startup Acko Technology & Services Pvt Ltd, has raised $60 million led by Munich Re Ventures the venture capital arm of Germany-based reinsurance company Munich Re Group. Other participants in the exercise include existing investors such as Amazon, RPS Ventures and Intact Ventures Inc.
16/09/2020

Burgerama receives pre-series A funding from Madison and Anicut

Gurugram-based Junket Foods Pvt Ltd, owner of a burger chain Burgerama has raised undisclosed pre-series A round led by Madison Capital. The funding round also saw the participation of Anicut Angel.
16/09/2020

GullyBuy Software raises INR 4 crore pre-series A funding

Pune-based software startup GullyBuy Software, has raised INR 4 crore in Pre-Series A funding from SEED Enterprises and a few individual investors. GullyBuy provides a unique digital hyperlocal marketplace solution that enables buyers to order online from nearby stores selling groceries, food, medicines and other daily necessities.
16/09/2020

Invento Robotics raises bridge round from angels, others

Bengaluru-based Invento Makerspaces, which makes and markets robots under the Invento Robotics brand, has raised an undisclosed amount in a bridge funding round from iron ore mining company MSPL, textile firm Chiripal Group and a clutch of angel investors.
16/09/2020

Edtech startup Newton School raises USD 650,000 led by Nexus Venture Partners

Bengaluru-based edtech startup Newton School has raised USD 650,000 in a seed round of funding led by early-stage venture capital firm Nexus Venture Partners. The funding round also saw the participation of Unacademy founders Gaurav Munjal, Roman Saini and others.
16/09/2020

Sequoia, Redpoint lead Series A funding in virtual events firm Airmeet

Airmeet Inc., which operates a startup focussed on hosting online events, has raised USD 12 million in its Series A funding round led by Sequoia Capital India and Redpoint Ventures. Existing investors Accel India, Venture Highway and Global Founders Capital also participated in this funding round.
16/09/2020

Health-tech startup Dozee raises funding from Prime Venture Partners, 3one4, others

Turtle Shell Technologies Pvt Ltd, which operates health-technology startup Dozee, has raised INR 12.5 crore in funding from a group of venture capital firms. Participating investors in this round include Prime Venture Partners, YourNest Venture Capital, and 3one4 Capital.
16/09/2020

HR-tech firm Zimyo pulls in seed funding from Beenext

Zimyo Consulting Pvt. Ltd, which operates an eponymous human resources-technology startup, has raised USD 1.5 million in a seed funding round led by early-stage venture capital firm Beenext.Other participants in this round include Yatra Angel Network and AngelList, as well as angel investors such as Abhishant Pant and Navin Surya.
15/09/2020

The Moms Co raises USD 8 million from Saama, DSG, others

New Delhi-based mother and baby care-focused consumer goods startup The Moms Co, has raised USD 8 million from Saama Capital and DSG Consumer Partners, along with angel investors.
15/09/2020

CashKaro raises USD 10 Million in Series B round led by Korea Investment Partners

CashKaro, a Gurugram-based cashback and coupons site, has secured USD 10 million in Series B funding round led by Korea Investment Partners (KIP) and existing investor, Kalaari Capital.
15/09/2020

Used car leasing startup PumPumPum raises INR 2 Crore in debt

Gurugram-based startup PumPumPum, which offers used car leasing in the corporate and retail segment, has raised INR 2 crore in debt funding from ICICI Bank, Canara Bank, and Kogta Financials.
15/09/2020

Risk management startup SignalX secures USD 750K investment from 3Lines Venture Capital

Hyderabad-based AI-powered governance risk management and compliance startup SignalX, has raised USD 750,000 in investment in a funding round led by 3Lines Venture Capital, a US-based early-stage VC.
15/09/2020

Dubai family office leads pre-Series A funding for children clothing brand Cub McPaws

Pochemuchka Kids Pvt Ltd, which operates children-focussed clothing brand Cub McPaws, has raised INR 5.88 crore pre-Series A funding from a clutch of investors based in Dubai, India, Japan, and the United States. A Dubai-based global family office led the round.
15/09/2020

Abu Dhabi fund Alpha Wave leads funding for e-commerce platform Foxy

EkAnek Networks Pvt Ltd, which operates personalised e-commerce platform Foxy, has raised INR 40 crore in a Series A1 investment round led by Alpha Wave Incubation. Other participants in this round includes Matrix Partners India, Sequoia Capital India and Lightspeed India.
15/09/2020

Dream11 parent secures USD 225 million in fresh funding

Dream Sports, the parent company of India’s leading online fantasy sports company Dream11, secured fresh funding of $225 million from Tiger Global Management, TPG Tech Adjacencies (TTAD), ChrysCapital and Footpath Ventures. The funding, which is largely secondary in nature with a smaller primary component.
14/09/2020

B2B platform CustomFit.ai raises pre-seed funding

Valley Monks Pvt Ltd, which operates business-to-business (B2B) website personalisation platform CustomFit.ai, has raised an undisclosed funding in a pre-seed round led by Java Capital. Other participants in this round include micro-venture capital firm Upsparks, FirstCheque and others.
11/09/2020

Insurance-tech startup i3 Systems raises USD 1.5 Million from Unitus Ventures, others

Mumbai-based insurance-tech startup i3 Systems has raised USD 1.5 million from Unitus Ventures in a pre-Series A round of funding. Reliance Industries CFO Alok Agarwal and Zhooben Bhiwandiwala, President, Mahindra Partners co-invested along with Unitus Ventures.
11/09/2020

Zomato pockets USD 100 million cheque from Tiger Global

Food delivery company Zomato Media Pvt. Ltd has raised USD 100 million from US-based investment firm Tiger Global Management LLC as it continues to secure capital to ride out the coronavirus crisis.The transaction has been sealed at a post-money valuation of USD 3.3 billion for Zomato.
11/09/2020

Ed-tech startup SOAL snags funding from Munjal Auto promoters’ investment arm

Skills-focussed education-technology startup SOAL (School of Accelerated Learning) has raised an undisclosed funding from SARA Investments, the investment wing of the promoters of Munjal Auto Industries Ltd.
11/09/2020

SRI Capital leads seed funding for food-trend spotter Spoonshot

Spoonshot Inc. a platform that spots and predicts food trends, has raised USD 1 million in seed funding led by SRI Capital.
10/09/2020

Acko puts USD 1.2 million in Pitstop

Insurtech firm Acko, which specialises in auto insurance, has invested USD 1.2 million in car service and repair platform Pitstop as part of its strategy to improve customer engagement and smoothen the claim settlement process.
Top