Archive News

08/12/2021

Insurtech firm Probus Insurance raises USD 6.7 Million from Switzerland’s BlueOrchard Investment Managers

Mumbai-based Insurtech firm Probus Insurance, has raised USD 6.7 million from BlueOrchard Impact Investment Manager. Probus is an online insurance company which has transitioned from a traditional insurance brokerage firm to a tech-enabled platform, currently offering motor insurance, life insurance, health insurance, travel insurance, and sachet products.
08/12/2021

Multiples-backed MoEngage raises USD 30 million from Steadview Capital, others

MoEngage, a customer analytics and cross-channel engagement platform, has raised USD 30 million in a funding round led by Steadview Capital. Existing investors Multiples Alternate Asset Management, Eight Roads Ventures, F-Prime Capital, and Matrix Partners also participated in the funding round.
08/12/2021

Pune-based healthcare startup IThrive raises Pre-Series A funding

IThrive, a Pune-based healthcare start-up, has raised USD 350,000 in a pre-Series A round from Rajesh Ranavat, executive director at Fung Strategic Investments, and Neelesh Bhatnagar, managing director at NB Ventures.
08/12/2021

B2B e-commerce firm Bzaar raises seed funding from Canaan Partners, Binny Bansal, others

Bzaar, a global business-to-business e-commerce marketplace, has raised USD 4 million in its seed funding round led by Canaan Partners and including angel investors Flipkart co-founder Binny Bansal, PhonePe founders Sameer Nigam and Rahul Chari, Addition founder Lee Fixel and Helion Ventures co-founder Ashish Gupta. Bzaar, a business-to-business cross-border marketplace, […]
08/12/2021

AgroStar raises USD 70 Million in Series D from Evolvence, CDC, Hero Enterprise and others

AgroStar, a digital farmer network and agri-inputs e-commerce platform, has raised USD 70 million as part of its Series D funding round from Evolvence, global asset manager Schroders Capital, Hero Enterprise, and UK’s development finance institution CDC. The funding round also saw participation from existing investors, Aavishkaar Capital, Accel, Bertelsmann, […]
08/12/2021

Edtech startup Lernern secures USD 1 Million in a seed round

Lernern, an edutech startup providing apprenticeship, upskilling and further education opportunities to bluecollar workers, has raised USD 1 million in seed funding from a clutch of investors including OOB Ventures Pte. Ltd, Ex-investment banker Kunal Solanki and Swiss impact investor elea Foundation for Ethics in Globalization among others.
07/12/2021

PlanetSpark bags USD 13.5 million in funding led by Prime Venture Partners

STEM education startup PlanetSpark, has raised USD 13.5 million in a Series B funding round led by Prime Venture Partners and other angel investors. PlanetSpark offers one-to-one classes in public speaking and creative writing for children aged 4 to 16 years.
07/12/2021

CometChat raises USD 10 million in Series A funding led by Signal Peak Ventures

Communications platform-as-a-service company CometChat, has raised USD 10 million in a series A funding round led by US-based Signal Peak Ventures with participation from existing investors Matchstick Ventures, Range Ventures and Unbound VC.
07/12/2021

Simplified raises USD 8.5 million in seed funding round led by Craft Ventures

Simplified, an AI-powered content creation and marketing platform, has raised USD 8.5 million in a seed funding round led by Craft Ventures with participation from Khosla Ventures and Wing Venture Capital. Investors such as Uncorrelated Ventures, 8-Bit Capital, and a few HNIs also participated in the round.
07/12/2021

CHARGE+ZONE raises USD 10 Million bridge round from Venture Catalysts, others

Electric vehicle charging startup CHARGE+ZONE, has raised USD 10 Million in a bridge funding round led by Venture Catalysts. CHARGE+ZONE offers an Original Equipment Manufacturer(OEM) agnostic charging network with its app-driven unmanned charging stations along with its charging station management system.
07/12/2021

Sense raises USD 50 Million led by SoftBank Vision Fund 2

Sense, an AI-driven talent engagement and communication platform, has raised USD 50 million in Series D funding led by SoftBank Vision Fund 2.
07/12/2021

Bizongo raises USD 110 Million led by Tiger Global at USD 600 Million valuation

Bizongo a B2B platform intended to optimize supply chains for made-to-order products, has raised USD 110 million in its Series D round of financing led by Tiger Global. Existing investors such as B Capital and International Finance Corporation and CDC have also participated in the fresh funding. Bizongo offers digital […]
07/12/2021

InsurTech Platform HealthySure raises Pre-Series A from We Founder Circle, others

Mumbai-based HealthySure has raised an undisclosed sum in a pre-Series A funding round from We Founder Circle and other marquee investors. HealthySure, an employee welfare platform, targeting SMEs to make insurance and healthcare affordable and accessible to the Indian workforce and their families.
07/12/2021

Commaful Raises Undisclosed Amount In Seed Round

Commaful, a content community platform, has raised an undisclosed amount in Seed round. The funding was led by We Founder Circle, among others.
07/12/2021

Audioshows platform Pocket FM secures USD 22.4 million from Lightspeed, Tanglin

Gurugram-based Pocket FM, which operates an eponymous audio shows platform, has raised USD 22.4 million, in its Series B round of funding led by Lightspeed and participation from new investor Tanglin Venture Partners and existing investors including Times Group.
06/12/2021

Soulflower Raises Funding From Wipro Consumer Care-Ventures

Clean beauty D2C startup Soulflower, has raised an undisclosed amount from Wipro Consumer Care-Ventures, the VC fund of Wipro Consumer Care and Lighting. The brand claims to have unique formulations developed through robust R&D and sustainable manufacturing.
06/12/2021

B2B export platform BlueRickshaw raises angel funding

BlueRickshaw, a business-to-business export platform operated by Blue Rickshaw Pvt Ltd, has raised USD 300,000 in angel funding by US-based investor Jay Narang.
06/12/2021

Nucros Science & Taste raises Pre-Seed funding round led by Aavejak Advisers, ID8 Ventures, others

Nucros Science & Taste, a subscription-based food-and-beverage provider, has raised USD 900,000 in a pre-Seed funding round led by Aavejak Advisers, ID8 Ventures, Innoscale Global Foundation and Delhi Angels Network.
06/12/2021

Curefit raises USD 145 million in funding round led by Zomato

Curefit Healthcare Pvt. Ltd., which operates fitness platform Cultfit, has raised USD 145 million in a funding round led by food delivery company Zomato. Accel, South Park Commons, Singapore-based investment company Temasek Holdings Ltd, a few individuals, and Curefit’s co-founder Mukesh Bansal also participated in the round.
06/12/2021

Financing platform Klub raises undisclosed amount from debt-financing platform Northern Arc

Revenue-based financing platform Klub, has raised an undisclosed amount from market-bound Northern Arc Capital in a debt financing round.
03/12/2021

Fintech startup PayGlocal raises USD 4.9 Million from Sequoia Capital India

Payment solutions startup PayGlocal, has raised $4.9 million in a Series A funding round led by Sequoia Capital, along with investors such as BeeNext, Jitendra Gupta, and Amrish Rau. PayGlocal enables merchants to accept and collect payments from customers residing outside India in the currency of their choice and using […]
03/12/2021

We Founder Circle backs fintech startup Microfinance.ai

Uthaan Technologies Pvt Ltd, which operates Microfinance.ai, a fintech startup, has raised USD 200,000 in a Pre-Seed funding round led by We Founder Circle. The round also witnessed the participation of FAAD Network, Gujarat University Start-up and Entrepreneurship Council and others.
03/12/2021

Mosaic Wellness raises USD 1.25 million from Spring Marketing Capital

Mosaic Wellness Pvt Ltd, a health and wellness startup, raised USD 1.25 million from Spring Marketing Capital. The investment by Spring Marketing Capital was a marketing-led strategic partnership.
03/12/2021

Artha Venture Fund, Growx Ventures, others, back data automation platform Immensitas

Data automation platform Immensitas Pvt Ltd, has raised USD 2.3 million in a Pre-Series A1 round co-led by Growx Ventures, Artha Venture Fund and DSP Investment Managers Pvt Ltd. The round also saw the participation of LogX Ventures and Atrium Angels, the ISB alumni-sponsored micro-venture capital fund.
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