Archive News


StartupXseed Ventures backs customer experience platform SmarterBiz

SmarterBiz, an artificial intelligence-based customer experience platform, has raised INR 8 crore in its pre-Series A round of funding from venture capital firm StartupXseed Ventures.

Actor Suniel Shetty invests in Kochi-based healthtech startup Vieroots

Bollywood stalwart Suniel Shetty has invested an undisclosed amount in Vieroots Wellness Solutions Pvt Ltd (VWS) at an estimated valuation of around Rs 100 crore.

3one4 Capital, AngelList India head invest in Habbit Health

Habbit Health and Nutrition Pvt. Ltd, has raised a pre-seed funding round led by early-stage venture capital firm 3one4 Capital and Utsav Somani of investment crowdfunding platform AngelList India. RB Investments, Better Capital and First Cheque also participated in this round.

AngelList India head’s fund, others invest in TechStars’ graduate CometChat

Mumbai and Denver-based CometChat, a cloud-based platform, has raised USD 1.6 million in its seed funding round from from iSeed Ventures, the micro fund floated by Utsav Somani.

Lightspeed leads seed funding in space-tech startup Pixxel

Pixxel, a Bengaluru-based space-technology startup which builds nano-satellites, has raised USD 5 million in its seed round of funding led by venture capital firm Lightspeed India Partners. Blume Ventures, growX Ventures and Inventus Capital India also participated in this round.

SAIF Partners, Y Combinator sign seed cheques for hiring platform Able Jobs

Able Jobs, a hiring platform for entry-level jobs, has raised INR 13 crore in its seed round of funding led by SAIF Partners.US-based startup accelerator Y Combinator, Titan Capital and First Cheque also participated in this round.

NestAway co-founder Deepak Dhar’s new venture Repute raises seed capital

Repute Networks, which owns blockchain-based data and identity management platform Repute, has raised INR 13 crore in a seed funding round led by Rocket Internet. Venture capital firm 3one4 Capital also participated in the round, along with GFC Global and Saison Capital.

Fintech startup Stack Finance raises seed capital from SOSV, AngelList, others

Bengaluru-based millennial finance platform Stack Finance has raised an undisclosed seed round from SOSV an early-stage venture capital fund in the US and MOX (Mobile Only Accelerator). The round also saw participation from AngelList India and IIIT Hyderabad Seed fund along with prominent angel investors including Rohit Chanana and others.

Unitus Ventures leads pre-Series A funding for coding-focussed Masai School

Software coding platform Masai School has raised USD 2.5 million in its pre-Series A round of funding led by Unitus Ventures. AngelList India and existing investor India Quotient also participated in this round.

FPL Technologies raises USD 10 million led by Matrix India, Sequoia

Fintech startup FPL Technologies has raised USD 10 million led by Matrix India and Sequoia in its Series A round which also saw the participation of Hummingbird Ventures along with a few angel investors.

Inflection Point Ventures continues funding spree with bet on Eden Smart Homes

Eden Smart Homes LLP, which operates an IoT-based startup focussed on home automation solutions, has raised an undisclosed funding from angel investment platform Inflection Point Ventures.

Former KPMG India CEO invests in business learning platform SpeakIn

SpeakIn Communications Pvt Ltd, which operates a multi-lingual business learning platform, has raised an undisclosed funding from former KPMG India chief executive officer Richard Rekhy.

Lightspeed raises USD 275 million fund for India

Lightspeed India Partners has closed USD 275 million from LPs for its third fund as the top American venture firm looks to ramp up its investments in the world’s second-largest internet market. The new fund, its biggest for India, will enable Lightspeed India Partners to make early stage bets on […]

Mitron raises USD 5 Million led by Nexus Venture Partners

The Indian short-form video app Mitron, has raised USD 5 million in funding led by Nexus Venture Partners. The round also saw participation from existing investors 3one4 Capital and Arun Tadanki’s private syndicate on LetsVenture.

Toppr backer Foundation Holdings bets on GrayQuest Education Finance

GrayQuest Education Finance Pvt Ltd, a financial-technology company focussed on education fees, has raised USD 1.2 million in a pre-Series A funding led by UAE-based Foundation Holdings, a multi-family office investment firm which focusses on education and health.

South Korea’s KTB leads Series A funding for lifestyle community commerce platform Trell

Trell Experiences Pvt Ltd, which operates a lifestyle community commerce platform, has raised USD 11.4 million in a Series A funding round led by KTB Network, a South Korean financial services group. Other participants in the round include Samsung Ventures, Sequoia accelerator programme Surge, Fosun RZ Capital, and WEH Ventures.

Artha Venture Fund leads pre-Series A funding round for food-tech startup Daalchini

Daalchini Technologies Pvt Ltd, which operates vending machines that offer food, has raised INR 5 crore in its pre-Series A funding round led by existing investor Artha Venture Fund.

Teachmint gets funding from Better Capital, Snapdeal founders’ Titan Capital

Teachmint Technologies Pvt Ltd, which operates an education-technology startup focussed on tutors and tutor-student connectivity, has raised an undisclosed funding led by early-stage investor Better Capital, with participation from Titan Capital.

Ankur Capital leads pre-Series A funding in fish and seafood supplier Captain Fresh

Infifresh Foods Pvt. Ltd, which operates seafood-focussed business-to-business (B2B) startup Captain Fresh, has raised USD 2.3 million in pre-Series A funding led by Ankur Capital. Incubate Fund India and some Silicon Valley-based angel investors also participated in the round.

DEAL ANNOUNCEMENT: Content management startup Text Mercato raises funding via Enablers

Bengaluru-based Text Mercato Solutions has raised a funding round of Rs. 4.85 crs. led by 1Crowd. Hong Kong based startup accelerator Betatron, and few individual investors including former CEO of HSBC Africa Andrew Dell and Sequent Software CFO Raaj Shah also participated in the round. ValPro’s startup advisory vertical, Enablers, […]

Anchanto raises USD 12.1 Million in Series C round

Anchanto, a Singapore and India-based B2B software-as-a-service (SaaS) startup specialising in ecommerce technology, has raised USD 12.1 million in its ongoing Series C round. The investors in this funding round included Asendia, a joint venture of the French National Post La Poste and State-run Swiss Post, and MDI Ventures, the […]

Gaming, interactive media-focussed Lumikai floats VC fund

Lumikai, a New Delhi-based venture capital firm focussed on gaming and interactive media, has floated an early-stage fund to back local companies. The fund says it is backed by investors from across the world, including gaming and technology companies from Japan, Finland, the US and South Korea.

Sequoia invests in coding-focussed ed-tech startup

Sequoia has invested around INR 3-4 crore in Pune-based Gunakar Pvt Ltd, which operates under the brand Plezmo. Plezmo has developed a platform consisting of intelligent wireless devices and coding apps to engage children in learning.

Affle to acquire 8% stake in indigenous social keyboard provider Bobble AI

Mobile advertisement firm Affle, will acquire 8 per cent stake in indigenous social keyboard provider Bobble AI for INR 19.8 crore.