Archive News

05/03/2018

Online financial planning platform Kuvera raises angel funding

Bengaluru-based online financial planning and investment platform Kuvera raised $250,000 in its second round of angel investment led by a group of angel investors including Baskar Subramanian (co-founder, Amagi Media Labs); Saket Kumar (managing director, Swank Capital), Gaurav Suri (managing director, Livermore Capital) and Ankit Kesarwani of New Vernon Investment […]
01/03/2018

Chennai Angels, Axilor back customer engagement platform Survaider

Bengaluru-based software-as-a-service customer engagement platform Survaider has raised $500,000 in a pre-Series A round of funding led by The Chennai Angels and Axilor Ventures
01/03/2018

IQGEN raises maiden health-tech VC fund for India, other markets

IQGEN Holdings LLC has marked the final close of its maiden venture capital fund at $25 million (INR 163 crore).
01/03/2018

Modern Family Doctor gets fresh does of funding

Bengaluru-based Modern Family Doctor Pvt Ltd, a chain of neighbourhood clinics and pharmacies, has raised fresh funding from ​an existing investor.
28/02/2018

Franchise India invests more in laundry startup UClean

Gurugram-based UConcepts Solutions LLP, which owns tech-enabled laundry service provider UClean, has raised $1 million (Rs 6.5 crore) from franchise and retail services provider Franchise India Holdings Ltd.
28/02/2018

Redwood Internet Ventures, former Jabong MD back HR tech startup

Qandle, a cloud-based HR management and employee engagement platform for small and medium-sized businesses (SMBs), has raised $1.2 million (Rs 7.7 crore) in pre-Series A funding led by Hong Kong-headquartered venture capital firm Redwood Internet Ventures Ltd.
28/02/2018

Mumbai Angels backs battery startup Gegadyne Energy

Mumbai-based energy start-up Gegadyne Energy Labs Pvt. Ltd has raised an undisclosed amount from Mumbai Angels Network to further develop its indigenously-built battery technology, besides running tests for commercial applications.
28/02/2018

Yuvraj Singh-backed Startup Buddy, others invest in AI startup

Trilyo, a tech startup which provides artificial intelligence-based software-as-a-service (SaaS) solutions for business-to-business (B2B) e-commerce clients in the hospitality sector, has raised $250,000 (Rs 1.6 crore) in funding.
28/02/2018

Tencent leads $115 mn round in music streaming service Gaana

Chinese Internet conglomerate Tencent Holdings Ltd has made another bet in India and has led a $115-million (Rs 748 crore) round into music streaming service Gaana.
27/02/2018

Narayana Health’s Devi Shetty backs digital design startup

Digital design startup Lollypop has raised an undisclosed amount in angel funding from Dr Devi Shetty, the founder and chairman of multi- and super-specialty hospital chain Narayana Health, and his family.
27/02/2018

Auxano Deals invests in ed-tech startup Avishkaar Box

Delhi-based ed-tech startup Avishkaar Box, which manufactures and sells robotics-based educational kits for school-going students, has raised INR 5 crore ($772,500) in a pre-Series A round of funding from Auxano Deals.
26/02/2018

Omnivore invests in online milk delivery startup Doodhwala

Bangalore-based Banger Tech Pvt. Ltd, which operates subscription-based milk and daily essentials delivery startup Doodhwala, has raised $2.2 million (Rs 14.27 crore) from impact venture fund Omnivore.
26/02/2018

Danish fund IFU leads fresh investment round in Saraf Foods

Freeze-dried agricultural products company Saraf Foods Ltd has raised a fresh round of funding led by Danish investment fund IFU.
23/02/2018

Blume, Healthquad lead investment round in health-tech startup THB

Clinical research and data analytics startup THB, operated by Sekhmet Technologies Pvt Ltd, has raised $2.1 million (Rs 14 crore) in a round led by early-stage venture capital firm Blume Ventures and healthcare-focused VC firm Healthquad
23/02/2018

Silicon Valley VC firm August Capital, others back logistics startup FourKites

FourKites, a logistics technology startup which operates out of India and the US, has raised $35 million (Rs 228 crore) in a Series B round of funding led by Silicon Valley-based VC firm August Capital.
23/02/2018

SAR Group’s Ncubate leads $1.8 mn funding round for CoLive

Shared-living space provider CoLive, owned by CoLife Advisory Pvt. Ltd, has raised $1.8 million (Rs 11.7 crore) in a round of funding led by Ncubate Capital Partners, a venture capital arm of SAR Group that engages primarily in water purifiers, clean tech and automotive batteries.
22/02/2018

The Label Life

Online lifestyle brand The Label Life which raises INR 20 Crore funding from Kalpavriksh via Enablers Mumbai-based The Label Corp Private Limited, an internet-first lifestyle brand of contemporary fashion, accessories and home décor, has garnered INR 20 crore in funding from Kalpavriksh, Centrum’s PE fund via Enablers. Read More
22/02/2018

Sutures founder’s family office invests in bike rental firm WickedRide

The family investment office of Sutures India chairman Chandrasekhar Gopalan has invested INR 10 crore in Bengaluru-headquartered online premium bike rental platform WickedRide.
22/02/2018

Lightspeed, Yuri Milner fund back B2B marketplace Udaan

Bengaluru-based Hiveloop Technology Pvt Ltd, which operates business-to-business e-commerce platform Udaan, has raised a $50-million (INR 324 crore) Series B round from new and existing investors
22/02/2018

Warburg Pincus, Sequoia invest more in SaaS firm Capillary

Capillary Technologies Pvt Ltd, a software-as-a-service (SaaS) provider for retail chains, has raised $20 million (INR 128 crore) from two existing investors – private equity giant Warburg Pincus and global venture capital firm Sequoia Capital.
21/02/2018

Investor RoundGlass Partners takes over doctor networking app Curofy

Curofy has been sold. Key investor RoundGlass Partners LLC has bought the doctor networking platform from its founders
21/02/2018

CDC backs Future Consumer with debt funding

Kishore Biyani-led Future Consumer Ltd is raising Rs 200 crore ($31 million) through non-convertible debentures from UK-based development finance institution CDC Group Plc to finance its capex and long-term working capital requirements.
21/02/2018

Financial services execs invest in fin-tech startup Fincash

Mumbai-based personal finance startup Fincash.com has raised Rs 1 crore ($150,000) in a fresh funding round from a group of angel investors from the financial services sector.
21/02/2018

Sports marketing firm Baseline Ventures raises $1 million from Singapore investor

Gurgaon-based sports marketing and brand licensing firm Baseline Ventures India Pvt Ltd, which manages a host of athletes, including shuttler PV Sindhu and cricketer Ravindra Jadeja, has raised $1 million from a Singapore investor.
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