Archive News


Shadez raises over USD 100K in seed round from Inflection Point Ventures

Inflection Point Ventures (IPV) has made a seed investment in the Mumbai-based interiors startup Shadez.

BigBasket acquires micro-delivery firm, DailyNinja

BigBasket has acquired micro-delivery startup DailyNinja to consolidate its subscription delivery business and the deal values Bengaluru-based DailyNinja at around INR 48 crore in stock.

Omidyar to invest in projects, startups to tackle coronavirus

Omidyar Network India Advisors, the domestic arm of the US-based impact investment firm, has committed USD 1 million to fund proposals aimed at tackling the coronavirus pandemic.

Naukri parent Info Edge to pump more money into health-tech platform MedCords

Info Edge (India) Ltd, the parent of jobs portal Naukri, has agreed to invest more funding worth INR 7 crore in medical healthcare records platform MedCords Healthcare Solutions.

Cryptocurrency exchange CoinDCX raises Series A funding

Neblio Technologies, which operates cryptocurrency exchange CoinDCX, has raised USD 3 million in its Series A funding from Polychain Capital, a blockchain and cryptocurrency investor.

B2B e-commerce platform Excess2Sell pulls in angel funding

Checkers India Technology, which operates business-to-business platform Excess2Sell, has raised USD 1 million in its angel funding from Gautham Madhavan, an angel investor and a director at growth-stage private equity firm Florintree Advisors.

Curefit Bags USD 110 Million From Temasek, Accel Partners and Others

Fitness startup Curefit is raising USD 110 Million in a Series D2 funding round led by Singapore-based investment firm Temasek.

MobiKwik Is Raising INR 223 Crore To Fuel Growth Plans

Gurugram-headquartered digital payments company MobiKwik is now raising INR 223 Crore fresh round of funding, from multiple investors in debt and equity deal.

Naukri parent Info Edge infuses more funds into education startup Univariety

Info Edge (India) Ltd, the parent of jobs portal Naukri, has agreed to invest another INR 8 crore in an education services startup Univariety in cash.

Rainmatter Capital leads seed funding round in online fitness firm ImStrong Health

ImStrong Health & Wellness, which operates a fitness-focused live-streaming platform, has raised INR 3 crore in a seed funding round.

Veritas Finance raises Series E funding from Kedaara Capital, others

Veritas Finance, has raised INR 350 crore in its Series E round of funding led by existing investor Norwest Venture Partners and private equity firm Kedaara Capital came in as the new investor in the round.

Peel-Works Bags around INR 32 Crore In Series C, D To Digitise Grocery Stores

Mumbai-based SaaS platform Peel-Works has raised around INR 32 Crore in multiple tranches from July 2019 to March 2020. The money was raised by issuing debentures, equity and Series C and Series D preference shares.

Ideaspring Capital invests in cloud data protection startup Nimesa

Nimesa Technology, which operates a cloud-focused data protection software startup, has raised nearly INR 6 crore funding from Ideaspring Capital.

Emergency Healthcare Services Startup StanPlus Bags around INR 11 Crore To Expand Operations

Healthtech startup StanPlus Technologies has raised around INR 11 Crore in Pre Series A funding round led by Pegasus FinInvest.

CoreStack raises around INR 63 crore in series A funding round

CoreStack, a Seattle-based enterprise cloud governance technology startup on Wednesday raised around INR 63 crore in a series A funding round led by Naya Ventures with participation from strategic investors.

Vivriti Capital raises Series B funding from LGT Lightstone

Vivriti Capital, which runs an online enterprise debt platform and lender, has raised USD 50 million in its Series B funding from LGT Lightstone Aspada.

OYO Bags around USD 807 Million Series F Funding From SoftBank, RA Holdings

Gurugram-based hospitality unicorn OYO has raised around USD 807 Million funding from existing investors SoftBank and founder Ritesh Agarwal owned RA Hospitality Holdings.

Fintso Raises around INR 19 crore From Angel Investors To Digitise Wealth Management

Mumbai-based fintech startup Fintso, has raised around INR 19 crore in its first funding round from angel investors, including DBS Group CEO Piyush Gupta, Deutsche Bank MD Dilip Khandelwal, CEO of Mankind Rajeev Juneja, and founder of Infochips Pratul Shroff.

Space tech startup Agnikul gets around INR 23 crore

Space technology startup Agnikul has raised around INR 23 crore in pre-series A funding led by Pi Ventures, as it looks to develop a satellite launch vehicle with a payload capacity of up to 100 kgs.

Micro VC fund Modulor Capital makes first startup bet

Modulor Capital has led a USD 200,000 seed round of funding in the industrial internet of things (IoT) company DesignX.

MS Dhoni bets on SME-focussed fintech Khatabook

Kyte Tehcnologies, which operates the small- and medium-enterprise-focussed financial technology firm Khatabook, has raised funding from former India cricket captain Mahendra Singh Dhoni and as part of the investment, Dhoni will also become Khatabook’s brand ambassador.

LGT Lightstone Aspada leads USD 7 million funding round in micro-lender SmartCoin

Bengaluru-headquartered micro-lending startup SmartCoin has raised about USD 7 million in a fresh financing round, led by LGT Lightstone Aspada, the India-focused impact investment arm of LGT Lightstone.

US-based Sorenson Impact leads pre-Series A funding in B2B artisan platform Lal10

Bhagwandas Retail, which operates business-to-business-focussed artisan platform Lal10, has raised around INR 8 crore in pre-Series A funding from Sorenson Impact.

Medical transportation startup StanPlus raises pre-Series A funding

StanPlus Technology, which operates a startup focussed on medical response solutions for large hospitals, has raised around INR 11 crore in pre-Series A funding from Pegasus FinInvest.