Archive News

09/02/2022

Celebrity Couple Anushka Sharma & Virat Kohli Invest In Plant-Based Meat Startup Blue Tribe

Celebrity couple– actress Anushka Sharma and cricketer Virat Kohli, have invested in plant-based meat startup Blue Tribewhich is a meat-alternative startup that provides plant-based meat products such as frozen minced chicken, chicken nuggets, keema, sausages, and momos
09/02/2022

Crypto Investment Platform Mudrex Secures USD 6.5 Million; Plans Global Expansion

Bengaluru and San Francisco-based Mudrex, a crypto investing platform have raised USD 6.5 Million in a Pre-Series A round from Arkam Ventures, Tribe Capital, and Bolt by QED Investors. The funding will help Mudrex accelerate user acquisition, licensing and expansion across India, the US, Europe and Latin America.
09/02/2022

Edtech Startup BrightChamps Marks First Acquisition With Education10x

Goa-based essential skill learning ed-tech startup BrightChamps has marked its first acquisition since its inception in 2020 by acquiring ed-tech startup Education10x. The New Delhi-based ed-tech startup Education10x is a financial education platform for children.
09/02/2022

IPO Bound Pine Labs Acquires Embedded Fintech Startup Qfix

Fintech unicorn Pine Labs has acquired Mumbai-based Qfix Infocommwhich is an online payments startup. While Pine Labs has not disclosed the terms of the deal, the acquisition is aimed to aid the unicorn’s recently launched Plural platform.
09/02/2022

Sprinto Raises USD 10 Million In Series A Funding To Help Companies Automate Compliances

Compliance automation startup Sprinto has raised USD 10 Million in Series A funding led by Elevation Capital and a clutch of other institutional investors. The round also saw participation from Accel and Blume Ventures.
09/02/2022

Biotech Startup Bugworks Raises USD18 Million From Lightrock, Others To Fight Off Drug-Resistant Bacteria

Bengaluru-based biotech startup Bugworks Research has raised Series B1 round of USD 18 Million led by Lightrock India, with participation from existing investors including 3one4 Capital. Kiran Mazumdar-Shaw, CMD, Biocon too participated in the round.
09/02/2022

SoftBank, Prosus, others help ElasticRun join unicorn club with USD 300 Million funding

Japan’s SoftBank Group Prosus Ventures and Goldman Sachs have led USD 300 Million funding round in Pune-based logistics startup ElasticRun propelling the company to the coveted unicorn club.
09/02/2022

Norwest, Elevation lead USD 40 Million bet on IFC-backed Mintifi

Buy now pay later platform Mintifi has secured a Series C funding of USD 40 Million led by Norwest Venture Partners and Elevation Capital. The round also saw participation from existing investors IFC and Lok Capital.
09/02/2022

Octave Ventures debuts India bet on blockchain solutions provider TRST01

TrayamBhu Tech Solutions, which runs blockchain solutions provider TRST01 has raised an undisclosed sum in a seed round led by US-based Octave Ventures and other unrevealed investors.
09/02/2022

Razorpay buys majority stake in Malaysia-based fintech Curlec

Digital payments and financial services unicorn Razorpay have acquired a majority stake in Malaysia-based fintech firm Curlec, marking its first international acquisition. The acquisition values Curlec at USD 19-20 million. Mathur added Razorpay will be buying a 100% stake in Curlec in the next 12-18 months.
09/02/2022

Sequoia-backed Airmeet scoops up Series B funding of USD 35 Million from Prosus Ventures, others

Event-focused management platform Airmeet has bagged USD 35 Million in funding led by novel investors Prosus Ventures, Sistema Asia Fund, RingCentral Ventures, KDDI Open Innovation Fund, DG Daiwa Ventures and Nexxus Global. Existing investors Sequoia Capital India and Accel India also took part in the round.
09/02/2022

Zerodha’s Nikhil Kamath writes USD 4 Million cheque to influencer marketing platform Kofluence

Influencer marketing ad-tech platform Kofluence has racked up pre-Series A funding of USD 4 Million led by Zerodha and True Beacon Co-Founder Nikhil Kamath. The round also saw participation from Kunal Shah, Karan Johar, Apoorva Mehta, Sujeet Kumar, Aprameya Radhakrishna, Kiran Gadela, and Abhijeet Pai.
09/02/2022

Compliance automation startup Sprinto raises USD 10 Million led by Elevation Capital

Sprinto Technology which operates the compliance automation startup Sprinto has raised USD 10 Million in series A funding led by Elevation Capital with participation from Accel, and Blume Ventures
08/02/2022

Trifecta Capital Secures INR 1,500 Crores For Maiden Late-Stage Equity Fund

Venture debt investor Trifecta Capital has raised INR 1,500 Crores for The Trifecta Leaders Fund – I, its first-ever equity fund, and plans to raise a further INR 375 Crores and will look to back late-stage Indian tech startups that are en route to the public markets as well as […]
08/02/2022

Qure.ai Bags INR 32 Crores From UK’s SBRI Healthcare For Cancer Detection Tech

Mumbai-based healthtech company Qure.ai has been awarded INR 32 Crores by the SBRI Healthcare, part of the UK government’s National Health Service (NHS), as part of a competition for late-stage healthcare innovations.
08/02/2022

Spacetech Startup SatSure Closes USD 5 Million Round; Plans Expansion In Southeast Asia

Bengaluru-based spacetech startup SatSure has closed its Pre-Series A round of USD 5 Million. The continued round added a slew of new investors ADB Ventures, Flowstate VC, Force Ventures, IndigoEdge Advisors, Toch.ai, Duro Capital’s Nishchay Goel, LuckBox Ventures and xto10x Technologies
08/02/2022

Zomato’s Deepinder Goyal Invests In Parking Solutions Startup Park+

Zomato’s Deepinder Goyal has invested in Bengaluru-based parking solutions startup Park+. The round is in Goyal’s personal capacity. Park+ aims to bank on Zomato founders’ ability to grow the tech-based startup in a traditionally asset-heavy industry and bring consumer satisfaction to the helm,
08/02/2022

Polygon Raises USD 450 Million From Sequoia, SoftBank, Tiger Global & Others

Ethereum Layer-2 scaling startup Polygon has raised USD 450 Million round led by Sequoia Capital India with participation from more than 40 major VC firms including SoftBank Galaxy Digital, Galaxy Interactive, Tiger Global, Republic Capital, and others.
08/02/2022

Edtech startup Learn Clue secures angel funding

Edtech startup Learn Clue Edtech Pvt Ltd has raised angel funding from serial fintech entrepreneur Markus Ament (Maex). The startup will use the funds for sales and marketing, product development, and operations
08/02/2022

Kalaari bets on two-year old gaming platform Atirath

Venture capital firm Kalaari Capital has invested an undisclosed capital in a seed round in Atirath Gaming Technology. The Hyderabad-based platform plans to build a metaverse based on an economic model while boosting its products and expanding team
08/02/2022

Ex-Twitter India head’s floated edtech venture garners capital from 70 entrepreneurs

Former Twitter India chief Manish Maheshwari’s edtech venture Invact Metaversity has raised an undisclosed amount from Kishore Biyani, TV Mohandas Pai and Kirthiga Reddy, among 70 entrepreneurs. Some notable names who participate in this round are Microsoft, Meta, Coinbase, Google, Twitter, Uber, Amazon, Softbank, World Bank, Ford Foundation, Qatar Foundation, […]
08/02/2022

Kunal Shah-backed GoalTeller raised pre series A round

Fintech platform GoalTeller has raised pre-Series A funding of USD 500,000 from a host of existing investors, founders, family & friends which includes Ranjan Pai, Vivek Banka, Harsh Chhaparia and Prashasta Seth, among others.
08/02/2022

SaaS startup Goldsetu snags seed capital from Village Global, Better Capital, others

Goldsetu which operates an eponymous software-as-a-service (SaaS) platform, has raised USD 1.2 Million in a seed funding led by Village Global, Better Capital, Titan Capital, iSeed, and Anjali Bansal and also saw participation from Kunal Shah, Suhail Sameer, and Revant Bhate among others
07/02/2022

NFT Platform Colexion Bags USD 5 Million To Build Metaverse Capabilities

Colexion — famous for launching the ‘Trump Card’ NFTs — has raised USD 5 Million in its seed and private round.The round saw participation from Polygon, Jump Trading, Alan Howard, HyperEdge Capital, C² Ventures, GSR, Oracles Investment Group (OIG), Gains Associate among others.
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