Archive News

29/04/2024

BankBazaar has raised INR 80 Cr in Series D round via private placement.

BankBazaar, an online marketplace for financial products, has raised INR 80 Cr in its ongoing Series D round via private placement. The board at BankBazaar has passed a special resolution to issue up to 22,821 Series D2 CCPS at an issue price of Rs 3,727 each.
29/04/2024

Oister Global has announced INR 440 Cr fund for technology sectors.

Oister Global has announced INR 440 Cr fund seeks to back both established consumption-driven sectors and emerging technology-led innovative sectors, targeting investments across early (pre-Series A, Series A), growth (Series B, C), and late-stage (Series D onwards) venture capital and private equity funds.
29/04/2024

Portea Medical has raised USD 20 Million via rights issue.

Portea Medical provides services such as mother and child care, consultation for nutrition and diet, physiotherapy, nursing, lab tests, counseling, and elder care, has raised USD 20 Million via rights issue. The capital raise comes amid its efforts to launch an IPO.
29/04/2024

BRISKPE has raised USD 5 Million in Seed funding round from PayU.

BRISKPE is designed to meet the unique requirements of MSMEs with solution that empower them to reduce costs, streamline global operations, and boost their global competitiveness, has raised USD 5 Million in Seed funding round from PayU. The funds will be used to drive product development, talent acquisition, and business […]
29/04/2024

Reelo has raised USD 1 Million from Gokul Rajaram

Reelo offers a simple and affordable solution to the problem of building customer awareness around retail products, has raised USD 1 Million from Gokul Rajaram. The funds will be used to ramp up hiring, expand its footprint in current and new global markets, and enhance its AI and ML capabilities.
26/04/2024

Norwest Venture Partners has raised USD 3 Billion Global Fund.

Norwest Venture Partners has raised USD 3 Billion for its new fund, NVP 17. It will deploy the fund across the US, India, and Israel with ticket size ranging from USD 10 Million to USD 30 Million in the early and mid-stage companies primarily investing in sectors like financial services […]
26/04/2024

Clix Capital has raised USD 6 Million in debt funding from DCB Bank.

Clix Capital offers business loans, loans against property, school financing, among others. For business financing, the NBFC offers SME/MSE loans, working capital loans, unsecured business loans, among others, has raised USD 6 Million in debt funding from DCB Bank. The funds will be used for its working capital needs to […]
26/04/2024

Capria Ventures has closed India Opportunity Fund at USD 19 Million.

Capria Ventures backs early-stage startups across India, Southeast Asia, Latin America, the Middle East, and Africa. Its key focus sectors include fintech, jobtech, edtech, agritech, climate technology and SaaS companies, has closed India Opportunity Fund at USD 19 Million. The fund will deploy capital across eight companies out of its […]
26/04/2024

CheQ has raised USD 4.2 Million in Seed funding round led by 3one4 Capital.

CheQ helps customers simplify the discovery and management of all credit products and allows you to pay your credit card bill, and EMI on a single platform, has raised USD 4.2 Million in its extended Seed funding round led by 3one4 Capital. The round also saw participation from Venture Highway […]
26/04/2024

Lyskraft has raised USD 26 Million in Seed funding round led by Peak XV Partners.

Lyskraft, omnichannel fashion startup, has raised USD 26 Million in Seed funding round led by Peak XV Partners. The round also saw participation from Prosus, Sofina, partners of DST Global, Deep Kalra, Rajesh Magow, and Deepinder Goyal. The funds will be used to expand to other lifestyle categories.
26/04/2024

Mynavi has acquired majority stake in Awign.

Mynavi, provider of HR consulting services, has acquired majority stake in Awign, a work-as-a-service platform, which helps enterprises by solving end-to-end outcome-based execution along with discovery, deployment, and payroll management. This will further enable Awign to focus on long term strategic growth and deeper value creation without getting affected by […]
26/04/2024

FlexiCloud Internet has raised an undisclosed amount in strategic funding from Ushodaya Enterprises Private Limited.

FlexiCloud Internet provides advanced managed cloud hosting solutions that prioritize high performance, enhanced security, and dedicated customer support, has raised an undisclosed amount in strategic funding from Ushodaya Enterprises Private Limited, the holding corporation of the Ramoji Group.
25/04/2024

Kedaara Capital has marked the final close of its fourth investment vehicle, Kedaara IV, at USD 1.73 Billion.

Kedaara Capital has marked the final close of its fourth investment vehicle, Kedaara IV, at USD 1.73 Billion. It has sourced 85% of this new fund from existing investors including three major Canadian pension funds CPPIB, CDPQ, and OTPP and German insurer Allianz, HarbourVest and Asia Alternatives. The newly raised […]
25/04/2024

Endimension Technology has raised INR 6 Cr in Pre-Series A funding round led by Inflection Point Ventures.

Endimension Technology is a healthtech startup specializing in AI-driven solutions for radiology diagnostics, has raised INR 6 Cr in Pre-Series A funding round led by Inflection Point Ventures. The round also saw participation from SucSEED Indovation, SINE IIT Bombay, and individual angel investors.
25/04/2024

MatchLog Solutions has raised USD 1.5 Million in Pre-Series A funding round led by Motion Ventures and July Ventures.

MatchLog Solutions, a sustainable container logistics and supply chain optimization platform, has raised USD 1.5 Million in Pre-Series A funding round led by Motion Ventures and July Ventures. The round also saw participation from Venture Catalysts, Blue Ashva Capital, and Capital A.
25/04/2024

Northern Arc has raised USD 80 Million from IFC

Northern Arc is a NBFC which aims to offer a suite of retail credit services to under-served households and businesses in India, has raised USD 40 Million in equity and another USD 40 Million in debt from IFC. The funds will be used for further expansion and improving its reach […]
25/04/2024

Flashaid has raised USD 2.5 Million in Pre-Series A funding round led by Piper Serica Angel Fund and SOSV.

Flashaid offers a full-stack health solution with proprietary pre-underwritten products, open APIs, and embedded solutions, has raised USD 2.5 Million in Pre-Series A funding round led by Piper Serica Angel Fund and SOSV. The round also saw participation from Z21 Ventures Fund and ZNL Growth Fund.
25/04/2024

Control One AI has raised USD 350K in Pre-Seed funding round from Kunal Shah, Chaitanya R, Amit Singh and others.

Control One AI, an AI-first robotics startup, has raised USD 350K in Pre-Seed funding round from Kunal Shah, Chaitanya R, Amit Singh and Silicon Valley based top supply chain executives from Tesla, Amazon, Walmart, eBay, Mercedes-Benz, and General Electric. The funds will be used for creating a fully functional prototype […]
24/04/2024

OTP Ventures has launched it’s maiden venture capital fund targeting INR 400 Cr debut fund.

OTP Ventures is an early-stage fund with a focus on three areas: consumer brands, consumer technology, and fintech, has launched it’s maiden venture capital fund targeting INR 400 Cr debut fund.
24/04/2024

Adukale has raised INR 11 Cr in Pre-Series A funding round led by Force Ventures.

Adukale, an omni-channel FMCG offers over 75 products, created with natural, preservative free ingredients, has raised INR 11 Cr in Pre-Series A funding round led by Force Ventures. The round also saw participation from Aanya Ventures, Subrata Mitra, Radhika Pandit among others.
24/04/2024

Karban Envirotech has raised INR 8.93 Cr in Seed funding round led by Titan Capital, Rainmatter and All In Capital.

Karban Envirotech, a startup that manufactures energy-efficient electronic appliances has designed and manufactured a bladeless ceiling fan with in-built air purifier and lights, has raised INR 8.93 Cr in Seed funding round led by Titan Capital, Rainmatter and All In Capital. The round also saw participation from Urban Company, JK […]
24/04/2024

Plane has raised USD 4 Million in Seed funding round from OSS Capital.

Plane, an open-source project management platform that aims to simplify projects by being flexible and easy to use for teams of all sizes across industry verticals, has raised USD 4 Million in Seed funding round from OSS Capital. The fresh funds will fuel the company’s community growth and compete in […]
24/04/2024

Boba Bhai has raised INR 12.5 Cr in Seed funding round led by Titan Capital and Global Growth Capital UK.

Boba Bhai, a QSR brand focused on building bubble tea, K-Pop burgers and other food items, has raised INR 12.5 Cr in Seed funding round led by Titan Capital and Global Growth Capital UK. The round also saw participation from Arjun Vaidya, Marsshot VC, DEVC, Warm up Ventures, Asit Oberoi, […]
24/04/2024

LetsTransport has raised USD 22 Million in Series E funding round led by Bertelsmann India Investments.

LetsTransport, a trucking aggregator for enterprises offering them multiple assets across use cases in last-mile, mid-mile, and EV space, has raised USD 22 Million in Series E funding round led by Bertelsmann India Investments. The round also saw participation from Rebright Partners, NB Ventures, ALES Global, Stride Ventures, CAC Capital, […]
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