Archive News

01/02/2018

Ed-tech startup iNurture raises Series C funding

Bengaluru-based ed-tech startup iNurture Education Solutions Pvt Ltd, a provider of formal higher education programmes in India, has raised INR 28 crore in a Series C round of funding led by venture capital firm Ventureast.
01/02/2018

News and infotainment aggregator inFact raises angel funding

Kochi-based Quadzeta Technologies Private Limited, which operates inFact, a mobile app that aggregates news and infotainment content, has raised an undisclosed amount in angel funding from Joel George, a Saudi Arabia-based angel investor.
31/01/2018

Toilet hygiene brand PeeSafe raises $1 million

Redcliffe Hygiene Pvt Ltd, which manufactures toilet seat sanitiser spray PeeSafe, has raised INR $1 million in a fresh round of funding from new and existing investors including Shivani Singh (vice president StarTV), Rahul Maroli (vice president Ola Cabs) and Mitesh Shah (chief financial officer BookMyShow).
31/01/2018

Gray Matters Capital invests in education firm Chrysalis

Chennai-based EZ Vidya Pvt Ltd, an education services provider that operates under the Chrysalis brand, has raised an undisclosed amount of pre-series A funding from impact investor Gray Matters Capital.
31/01/2018

Logistics firm Xpressbees raises $35 million from Alibaba

Logistics firm Xpressbees has raised INR 225 crore (around $35 million) in its Series D round of funding from Alibaba Singapore E-commerce Pvt Ltd, a wholly-owned subsidiary of Chinese internet giant Alibaba Group Holding Ltd
31/01/2018

BrowserStack bags $50 million in Series A round from Accel Partners

BrowserStack, a web and mobile browser testing platform, has raised $50 million (about INR 318 crore) in a Series A round from US-based venture capital firm Accel Partners
31/01/2018

VR/AR platform Scapic gets $500K in seed funding from Axilor, others

Scapic Innovations Pvt Ltd, a virtual reality (VR) and augmented reality (AR) platform, has raised $500,000 in a seed round from Axilor Ventures, Speciale Invest and Newfort Capital.
31/01/2018

Fashion startup 6Degree gets fresh funding from IAN, The Angel Network

Tech-enabled fashion startup 6Degree, which is operated by Protinus Fashion Networking Pvt Ltd, has raised $400,000 from the Indian Angel Network and TAN Advisors (The Angel Network) in a pre-Series A round of funding.
30/01/2018

HR services firm PeopleStrong buys referral recruitment platform GrownOut

Gurgaon-headquartered HR services firm PeopleStrong has acquired online referral hiring platform GrownOut for an undisclosed amount.
30/01/2018

Health-tech startup eKincare bags $1.5 million in Series A round

Hyderabad-based Aayuv Technologies Pvt Ltd, which operates healthcare technology startup eKincare, has raised $1,500,000 in a Series A round of funding from a clutch of undisclosed investors.
30/01/2018

Blume Ventures backs marriage ceremony solutions startup The Wedding Brigade

Mumbai-based Sitara Digital Ventures, which runs marriage ceremony solutions portal The Wedding Brigade, has raised $1 million in a pre-Series-A round of funding led by early-stage venture capital firm Blume Ventures.
30/01/2018

Mukesh Bansal, Y Combinator invest in online mutual fund seller Groww

Groww, an online platform which sells financial products including mutual funds, has raised an undisclosed amount in seed funding from CureFit founders Mukesh Bansal and Ankit Nagori, and US-based seed investor and accelerator Y Combinator.
29/01/2018

Big Data startup Unravel gets $15 million in Series B funding from GGV Capital, others

Silicon Valley-based Big Data startup Unravel Data, which provides an application performance management platform, has secured $15 million in a Series B funding round by GGV Capital.
29/01/2018

Ratan Tata’s RNT Capital backs Axio Biosolutions

Bengaluru-based Axio Biosolutions Pvt Ltd, which makes a sponge-like bandage that helps blood clot instantly when pressed against cuts or wounds, has raised INR 47 crore in a Series B round led by Ratan Tata’s RNT Capital Advisors.
29/01/2018

Pravega Ventures backs ed-tech startup GreyAtom

Ed-tech startup GreyAtom, which is run by Mumbai-based GreyAtom Edutech Pvt Ltd, has raised $1 million led by early-stage fund Pravega Ventures.
29/01/2018

Rent management startup Paymatrix raises money from IIIT-H Seed Fund

Hyderabad-headquarted Paymatrix, an end-to-end digital rent management platform, has raised INR 25 lakh ($4,000) from International Institute of Information Technology-Hyderabad’s IIIT Seed Fund.
25/01/2018

Parody video startup Spoofin gets funding from Mumbai Angels Network

Video-based entertainment platform Spoofin has raised an undisclosed amount from Mumbai Angels Network.
25/01/2018

Digital lending platform NeoGrowth raises $47 million in equity funding

Mumbai-headquartered non-banking financial company (NBFC) NeoGrowth Credit Pvt Ltd, which provides flexible loans to merchants and offers automated repayment options, has secured INR 300 crore ($47 million) in equity funding from investors led by LeapFrog Investments.
25/01/2018

Two-wheeler rental startup Ontrack raises seed funding

Bangalore-based self-riding bike rental company Ontrack has raised an undisclosed amount of seed investment from Diverse Middle East FZE, a Dubai-based family office, and other angels.
25/01/2018

PremjiInvest leads Series D round in Shubham Housing

Gurgaon-based mortgage lender Shubham Housing Development Finance Company has raised its Series D round of $48 Million from investors led by PremjiInvest, the family investment arm of Wipro Ltd chairman Azim Premji.
25/01/2018

Test prep firm behind Rao IIT Academy raises $8.6 million in structured debt from Avendus

Educational coaching services provider Rao Edusolutions Pvt Ltd, which operates under the brand name Rao IIT Academy, has raised structured debt worth INR 55 crore from Avendus Finance, the credit solutions arm of Avendus Capital.
24/01/2018

Axilor leads $300K investment in employee rewards platform Advantage Club

Gurgaon-headquartered employee rewards and recognition platform Advantage Club has raised $300,000 a fresh round of funding led by accelerator and seed fund Axilor Ventures.
24/01/2018

Unilever Ventures backs micro-delivery grocery startup Milkbasket

Gurgaon-based Aaidea Solutions Pvt Ltd, which runs micro-delivery grocery startup Milkbasket, has raised $3 million (around INR 19 crore) in funding from Unilever Ventures.
24/01/2018

Personal finance app WealthTrust gets pre-Series A funding from India Quotient

Evolusolve Technologies Pvt Ltd, which operates personal finance management app WealthTrust, has raised $500,000 from venture capital firm India Quotient in a pre-Series A funding round.
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