Archive News

21/07/2021

Bengaluru full-stack mobility startup Automovill raises USD 500K in bridge round

Bengaluru-based full-stack mobility startup Automovill, has raised USD 500,000 in a bridge round from Mumbai Angels Network. The round was led by Jay Nagrecha and Sandeep Daga who participated through Mumbai Angels Network. Existing investor NEDFi Venture Capital also participated in the round.
21/07/2021

pinBox raises USD 1 Million in seed round from Venture Catalysts

pinBox, a global pensiontech platform committed exclusively to digital micro-pension and social security inclusion, has raised USD 1 million in seed funding led by Venture Catalysts. 9unicorns also participated in the round.
21/07/2021

HR Tech Platform Mesh Raises USD 5 Million Funding Led By Sequoia Capital India’s Surge

California-based people management platform Mesh has raised USD 5 million in a seed funding round led by Sequoia Capital’s Surge. The round also saw participation from RTP Global, Y Combinator Continuity, and Emles Venture Partners.
21/07/2021

LeapFrog, Khosla Ventures lead Series C funding in HealthifyMe

Benagluru-based health and fitness platform HealthifyMe, has raised USD 75 million in a Series C round led by LeapFrog and Khosla Ventures. HealthQuad, Unilever Ventures, and Elm (Saudi Arabia PIF entity) also participated in the round along with existing investors Chiratae Ventures, Inventus Capital, and Sistema Asia Capital.
21/07/2021

Lightspeed, Elevation Capital lead Series A funding in agritech startup Vegrow

Vegrow, a business-to-business agritech platform for fruit and vegetables, has raised USD 13 million as part of its Series A funding round co-led by Lightspeed Venture Partners and Elevation Capital. Existing investors Matrix Partners India, Ankur Capital, Better Capital and Titan Capital also participated in the round.
20/07/2021

Razorpay acquires TERA Finlabs in push for startup, MSME loans

Fintech startup Razorpay has acquired TERA Finlabs, a Bengaluru-based startup that provides technology, risk and capital solutions to enable embedded financing solutions for businesses. The company however, did not disclose the financial details of the transaction.
20/07/2021

Spinny raises USD 108 Million in Series D round led by Tiger Global

Spinny, the Gurugram headquartered used car retail platform startup, has raised USD 108 million in Series D round of funding led Tiger Global. The round also saw participation from Avenir Growth, existing investor General Catalyst, and others.
20/07/2021

GlobalBees raises USD150 Million in Series A to build a Thrasio-like house of brands

New Delhi-based investment venture GlobalBees, has raised USD 150 million in a mix of equity and debt in a Series A funding led by FirstCry. Lightspeed Venture Partners, Premji Invest, Chiratae Ventures, SoftBank and Chrys Capital also participated in the round.
20/07/2021

Capital India to invest USD 25 million in education loan company Credenc

Finance company Capital India, has invested USD 25 million via equity and debt in education loans platform Credenc.
20/07/2021

Bengaluru-based Edvizo raises USD 1 Million in pre-Series A round led by Inflection Point Ventures

Bengaluru-based edtech startup Edvizo, has raised USD 1 million in a pre-Series A round led by Inflection Point Ventures. Edvizo offers an online marketplace to search, compare, and enroll in the best coaching institutes for competitive exam preparation.
20/07/2021

Edtech startup Braingroom raises INR 1.5 Crore from IAN, Social Alpha, and Startup Oasis

Braingroom, a multilingual online learning platform focussed on students from lower and middle-income families, has raised INR 1.5 crore from IAN, Social Alpha, and Startup Oasis.
20/07/2021

Healthtech startup Eka.Care raises USD 4.5 Million from angel and early-stage investors

Eka.Care, a Bengaluru-based connected healthcare platform, has raised seed funding of USD 4.5 million from a clutch of leading angel and early-stage investors. The round also witnessed participation from early-stage venture capital firms – 3one4Capital, Eximius Ventures, and Speciale Invest.
20/07/2021

European impact investors invest Series A money in Light Microfinance

Micro lender Light Microfinance, has raised USD 10 million in Series A funding from European impact investors Incofin, Nordic Microfinance Initiative, and Triple Jump.
20/07/2021

Lenskart raises additional USD 220 million for global expansion

Omni-channel eyewear brand Lenskart, has raised an additional USD 220 million in funding led by Temasek and Falcon Edge Capital. The current fundraise also saw participation from existing investors Bay Capital and Chiratae Ventures, valuing the startup at USD 2.5 billion. Lenskart has now raised a total of USD 315 […]
19/07/2021

Deal Announcement: Enablers advises Otipy on it’s USD 10.2 mn series A fundraise from SIG, Omidyar Network, and existing investors

Otipy, the community buying platform for agritech startup Crofarm has raised USD 10.2 mn in its latest series A round led by SIG. The round also saw participation from Omidyar Network India, Innoven Capital, and existing investors IPV (Inflection Point Ventures), Pravega and FactorE. Enablers, ValPro’s startup advisory arm, acted […]
19/07/2021

Captain Fresh raises USD 12 Million in Series A round led by Accel Partners, Matrix India

Captain Fresh, the B2B tech marketplace for seafood, has raised USD 12 million in a Series A round led by Accel Partners and existing investor Matrix Partners India. Ankur Capital and Incubate Fund also participated in the round.
19/07/2021

Delhi-based startup helps users finish chores remotely without any hassle

Delhi-NCR based everything-as-a-service startup Proxgy, has raised a USD 250,000 pre-seed investment round led by Lexical Systems and angel investors, including Michael Dias and Associates, Suramya Choudhary, and Inderjit Singh Makkar.
19/07/2021

Deeptech startup Slang Labs gets investment from Google Assistant Investments program and others

Slang Labs, the In-App Voice Assistant tech startup, has raised an undisclosed round of funding from Google Assistant Investments Program along with 100x Entrepreneurs. Existing investor Endiya Partners along with angel investors – Velu Murugan and Thomas George also participated.
19/07/2021

Matrix Partners leads seed funding in video creation platform Protonn

Protonn, a business-in-a-box platform for professionals, has raised USD 9 million in its seed round of funding led by Matrix Partners India.Early-stage venture funds 021 Capital and Tanglin Venture Partners also participated in this round.
19/07/2021

Hong Kong based ADM Capital invests growth capital in proptech platform Square Yards

Proptech platform that offers the full stack digital real estate journey from search, transactions, mortgages, home interiors, rentals, property management and post-sales services Square Yards, has raised INR 185 crore in growth financing from Hong Kong based ADM Capital.
16/07/2021

Delhivery gets USD 100 million from FedEx subsidiary ahead of IPO

FedEx Express, a subsidiary of global logistics solutions provider FedEx Corp, has invested USD 100 million in homegrown logistics and supply chain startup Delhivery.
16/07/2021

Edtech startup Vedantu acquires majority stake in Pedagogy

Edtech startup Vedantu has acquired a majority stake in AI-enabled personalised learning platform Pedagogy. It did not disclose the financial terms of the investment. Pedagogy transforms physical books into interactive content and provides students with online courses and interactive digital books for competitive examinations.
16/07/2021

Protonn raises USD 9 Million seed round led by Matrix Partners India, 021 Capital, Tanglin Venture Partners

Bengaluru and San Jose based business-in-a-box platform for professionals Protonn, has raised USD 9 million in seed funding led by Matrix Partners India, along with 021 Capital and Tanglin Venture Partners.
16/07/2021

Agritech startup Aqgromalin raises seed round led by Zephyr Peacock

Aqgromalin, a tech-driven farm diversification platform enabling farmers to diversify into animal husbandry and aquaculture, has raised INR 5.5 crore in seed funding led by Zephyr Peacock India Growth fund.The round also includes participation from IndigramLabs Foundation.
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