Archive News


Autodesk acquires construction software provider Pype at an undisclosed amount

Nasdaq listed Autodesk Inc, one of the global leaders in computer-aided design (CAD) software, has signed a definitive agreement to acquire Pype, a AI based construction software provider, at an undisclosed amount.  

Vernacular Edtech Startup Entri Raises USD 3.1 Million To Capitalise On Growth Spike

Vernacular edtech startup Entri has closed its pre-Series A funding round at USD 3.1 Million after raising an additional USD 1.7 Million led by Good Capital. HyperTrack founder Kashyap Deorah and BigBasket HR head Hari TN also participated in this round along with several angel investors from Silicon Valley and […]

Solar solution startup Fourth Partner Energy raises USD 15 Million in third round from responsAbility

Bengaluru-based solar solution startup Fourth Partner Energy, has raised USD 15 million in its third round of funding from Zurich-based development asset manager ResponsAbility Investments AG.  

Staffing solution startup Gigforce raises INR 6 Crore from Unitus Ventures

Bengaluru-based tech-enabled staffing solution startup Gigforce has raised INR 6 crore from Unitus Ventures. Gigforce plans to use the funding for building an early technology platform and training gig workers.  

Jewellery retailer BlueStone raises inside round from Accel, Kalaari

BlueStone Jewellery and Lifestyle, which owns and operates omni-channel jewellery brand BlueStone, has raised INR 14.73 crore from  Accel, Kalaari Capital, Iron Pillar and others.    

Mobile Premier League raises fresh capital from Singapore-based parent

Bengaluru headquartered mobile fantasy esports platform Mobile Premier League (MPL) has raised INR 64.93 crore  from its Singapore-based parent entity M-League.  

Singapore-based marketing SaaS startup Insider gets USD 32 million to enter the US

Insider a Singapore-based startup that develops software to help clients make marketing decisions, has raised USD 32 million Series C. The round was led by Riverwood Capital, with participation from Sequoia India, Wamda and Endeavor Catalyst.  

Edtech firm iNurture raises debt funding from existing backer BlackSoil

iNurture Education Solutions Pvt. Ltd, a provider of formal higher education programmes in India,  has raised INR 10 crore in debt funding from existing investor BlackSoil Capital Pvt. Ltd.  

Sequoia, Matrix write Series A cheques to B2B marketplace Bijnis

Bijnis, an online business-to-business (B2B) marketplace for fashion and lifestyle, has raised USD 10 million in a Series A round of funding. The round was led jointly by venture capital firms Sequoia Capital and Matrix Partners.  

Agritech startup Vegrow raises USD 2.5 Million led by Matrix Partners India, Ankur Capital

Vegrow, a Bengaluru-based agritech startup focussed on aggregating small farms, has raised USD 2.5 million in seed funding from Matrix Partners India and Ankur Capital.  The round also saw participation from Better Capital, Titan Capital, as well as angel investors.  

Nexus leads Series A round for connected vehicle platform Sibros

Sibros Technologies Inc., a Silicon Valley- and Pune-based startup that is focussed on connected vehicle software, has raised USD 12 million in a Series A funding led by venture capital firm Nexus Venture Partners, Other participating investors include California-based Moneta Ventures and artificial intelligence-focussed Twin Ventures.  

StyleDotMe raises pre-Series A funding from Hero Group’s Suman Kant Munjal, others

Styledotme Fashion and Lifestyle Pvt. Ltd, which operates fashion-technology company StyleDotMe, has raised INR 3.5 crore in a pre-Series A funding round led by Survam Partners, the family office of Hero MotoCorp’s Suman Kant Munjal. Other participants include Jewlex India director Bobby Kothari and existing investor Indian Angel Network (IAN). […]

Unicorn India Ventures leads pre-Series A funding for neo-bank Finin

Dinero Innovations Pvt. Ltd, which operates neo-banking startup Finin, has raised an undisclosed amount as part of its pre-Series A round of funding led by early-stage investor Unicorn India Ventures. Other participants in the round include PointOne Capital and Astir Ventures.  

MPowered raises USD 21 million from group of US-based HNIs

Gurgaon-based asset management firm, MPowered has raised USD 21 million in a pre-series A round, from a group of US-based HNIs investors. The round is led by serial entrepreneurs Ashok and Shelly Nichani.  
20/07/2020 scores funds from 021 Capital

Bengaluru-headquartered skill development and learning platform for developers,, raised INR 7 crore in a bridge funding round, dubbed pre-Series A, led by 021 Capital.  

Health and wellness startup ThriveFNC raises seed round

ThriveFNC, a Pune-based startup focussed on reversing lifestyle disorders, has raised an undisclosed amount of funding from Rajesh Ranavat, Executive Director at Fung Strategic Investments.  

Edtech startup Uable secures seed round led by 3one4 Capital

Online life-skills development platform for children, Uable has raised an undisclosed seed round from 3one4 Capital. Other angel investors who participated in the round include Amrish Rau of PineLabs; Jitendra Gupta of Jupiter; Global Founders Capital; Inflection Point Ventures; and AngelList.  

Fashion commerce platform 6Degree raises funding from SucSEED Ventures

Protinus Fashion Networking Pvt. Ltd, which operates fashion commerce and retail management platform 6Degree, has raised funding from SucSEED Ventures as part of its pre-Series A round.  

Magicpin raises USD 7 Million from Samsung Venture, existing investors

Hyperlocal discovery platform magicpin, has raised USD 7 million  from Samsung Venture Investment Corporation (SVIC), and saw participation from existing investors Lightspeed and WaterBridge.  

The Chennai Angels backs edtech startup uFony

uFony Services Pvt Ltd, a Pune-based edtech startup, has raised an undisclosed amount of funding from The Chennai Angels and other independent investors for School Diary, a platform that brings education to smartphones.  

Nutrition tech platform Ripsey raises INR1 Crore through ah! Ventures

Mumbai-based deep tech platform Ripsey has raised INR1 crore from a US based investor in its ongoing Pre-Series Round of INR 2 crore through ah! Ventures angel platform.  

Ed-tech startup Vedantu scoops up USD 100 million in Series D funding

Vedantu Innovation Pvt. Ltd, which operates a live tutoring-focussed education-technology platform, has raised USD 100 million in a Series D funding led by the US-based investment firm Coatue Management. Existing investors also participated in the round.  

Customer intelligence firm Zeotap raises Series C funding

Zeotap Gmbh, a customer intelligence platform focused on helping clients understand and predict consumer behaviour, has raised USD 42 million in a Series C funding round from Neue Capital, Coparion, a Berlin- and Cologne-based fund, Kathaka, the family office of Caroline Rupert and MathCapital.    

PolicyBazaar gets INR 356.6 crore as SoftBank releases second tranche of growth round

ETechAces Marketing and Consulting, which owns online insurance aggregator PolicyBazaar, has raised INR 356.6 crore in the second tranche of a growth funding round from Japanese conglomerate SoftBank.