Archive News


E-commerce enabler Kartrocket raises flat funding round

Delhi-based BigFoot Retail Solutions Pvt Ltd, which operates e-commerce enabler KartRocket, has raised $4,100,000 in a fresh round of funding from existing investors led by Bertelsmann India Investments.

Indian PE True North floats AI, analytics-focused unit, commits $10 million investment

Indian private equity (PE) firm True North has launched a subsidiary called Actify Data Labs to offer services in analytics, algorithms and artificial intelligence (3A) and has committed an initial investment of $10 million for the venture.

Former Cisco chairman John Chambers floats VC firm JC2 Ventures

John Chambers, the former executive chairman of networking giant Cisco and chairman of the US-India Strategic Partnership Forum, has launched his new venture capital fund JC2 Ventures.

ADB commits up to $50 million to Indian PE major True North’s new fund

The Asian Development Bank (ADB) is making an equity investment of up to $50 million in the latest fund of one of India’s oldest private equity players True North, formerly known as India Value Fund.

Edtech startup Rubix108 Technologies raises $1 Million Pre-Series A funding

Pune-based edtech startup Rubix108 Technologies has secured $1 Million Pre-Series A funding led by Polaris Fund.

Razorpay raises $20 million in Series B round from Tiger Global, others

Bengaluru-based online payment gateway startup Razorpay Software Pvt Ltd has raised $20 million (INR 127 crore) in its Series B round of funding led by existing investors Tiger Global and Y Combinator.

Bhavin Turakhia-promoted Zeta puts funds in PeopleStrong HR Services

Digital payments and meal vouchers company Zeta, which is promoted by Bhavin Turakhia, has invested an undisclosed sum in Gurugram-based PeopleStrong HR Services for a minority stake.

SIDBI’S VC arm invests in serviced offices platform CorporatEdge

Gurgaon-based CorporatEdge, a platform that provides serviced office infrastructure, has raised an undisclosed sum from SIDBI India Opportunities Fund, the venture investment arm of Small Industries Development Bank of India (SIDBI).

pi Ventures marks second close of debut fund at $25 million

Early-stage venture capital firm pi Ventures has marked the second close of its debut fund at $25 million (INR 160 crore) from Hero Enterprise chairman Sunil Kant Munjal, Hero Electronix’s corporate financing arm and Canbank Venture-backed Electronic Development Fund.

Rivigo raises Series D funding at over $900 million valuation

Gurgaon-based tech-enabled logistics services provider Rivigo Services Pvt Ltd has raised $50 million in a Series D round led by company’s existing institutional investors, SAIF Partners and Warburg Pincus at a valuation of $900 Million.

Algorithmic trading platform Kuants raises $78.6K angel investment

Kuants, an algorithmic trading platform, has raised $78,600 from Delhi-based angel investors Pankaj Chopra and Ankush Gupta.

ToneTag gets $1.3 Million funding from Tropical Star

Mobile payments solutions startup ToneTag has raised $1,300,000 in funding from Tropical Star Ltd.
15/01/2018 raises $157k seed funding

Workflexi, an online marketplace for contract workers, has raised INR 1 crore ($157,300) in a seed round led by Kamalraj Chandrasekaran, founder and executive director of Kamalraj Hospitality Concepts India Pvt Ltd.

RealPro realty raises $3.4 Million from HT Media

HT Media Ltd is investing up to $3,440,000 in luxury real estate brokerage firm RealPro Realty Solutions Pvt Ltd.

Fintech startup Fincash raises $100K from angel investors

Mumbai-based personal finance startup Fincash, run by Shepard Technologies Pvt Ltd, has raised $100,000 (INR 64 lakh) in its first round of funding from Mohammed Khan, founder of Rediffusion and Sameer Narayan, former fund manager at BNP Paribas.

M-commerce app Goodbox raises funds from Nexus, Mekin Maheshwari

Goodbox, an app that offers small and medium-sized businesses an e-commerce platform, has raised about $1 million in a fresh funding round led by existing investor Nexus Venture Partners.

Online to offline healthcare startup HealthIntel raises growth capital

HealthIntel Services (HSPL), which uses a unique online-offline pharmacy model in Northern India, has raised an undisclosed growth capital from BLIP Initiatives.

VC firm Ventureast cuts 6th fund target to $100 million

Bengaluru-based venture capital firm Ventureast has scaled down the target for its sixth fund to $100 million from the original target of $150 million and is likely to achieve the final close by September.

Online micro-delivery startup MrNeeds raises close to $500k in pre-series A Funding

Noida-based online micro-delivery startup MrNeeds has raised close to $500K in pre-Series A funding from a consortium of investors including IT professional Umesh Arora.

Healthcare focussed VC fund HealthQuad closes its INR 75-crore maiden round

Early-stage healthcare-focussed venture capital fund, HealthQuad, has made the final close of its maiden fund at INR 75 crore, out of which about 85% of the fund corpus has been raised from family offices in Europe and India, while the remainder has been funded by the founders of private equity […]

Tata Capital to raise $1 Billion across three private equity funds

Tata Capital Ltd, a financial services business of the Tata group that manages various private equity funds, has earmarked $115 million to be invested as its general partner commitment, as the firm looks to raise up to $1 billion across three private equity funds( Tata Opportunities Fund II, Tata Capital […]

Beauty products discovery startup VanityCask raises seed funding

VanityCask Tech Pvt Ltd, which runs luxury beauty products discovery platform VanityCask, has raised an undisclosed amount in seed funding from Singapore-based angel and venture capital firm RB Investments.

Snacks maker Chajjhed Foods raises $4.65 Million from GVFL

Snacks maker Chajjhed Foods Pvt Ltd has raised about INR 30 crore from venture capital firm GVFL Ltd.

Ola picks up $50 Million from NY hedge fund

India’s largest taxi aggregator Ola has raised about $50 Million from Tekne Capital Management, adding hedge fund Tekne Capital Management to its growing set of investors.