Archive News

12/11/2021

Trade financing firm Vayana Network raises INR 283 crore from Chiratae Ventures, CDC Group, others

Pune-based digital trade financing network Vayana Network Services Pvt Ltd, has raised INR 283 crore in a Series C funding round led by venture capital firm Chiratae Ventures and the UK development finance institution and impact investor CDC Group. The funding round also witnessed participation from Jungle Ventures, March Capital, […]
12/11/2021

Buyofuel raises over INR 1.6 crore in seed round led by Inflection Point Ventures

Buyofuel, the country’s online market for biofuels, has raised over INR 1.6 crore in a seed round led by Inflection Point Ventures. Buyofuel empowers the biofuels industry by connecting raw material aggregators, biofuel manufacturers, consumers, and waste generators.
12/11/2021

D2C sleep solutions brand Wakefit raises INR 200 Crore Series C investment led by SIG

Bengaluru-based home and sleep solutions brand Wakefithas raised Series C funding of Rs 200 crore led by SIG Global, operated by US-based Susquehanna International Group. Existing investors Verlinvest and Sequoia Capital participated in this round of funding. With this fund raise, the startup’s valuation is now at INR 2,800 crore.
11/11/2021

Troo Good bags Series A funding from OAKS Asset Management

Millet snacks company Troo Good, has raised INR 55 crore in its Series A funding round led by private equity firm OAKS Asset Management. Troo Good sells millet-based products including chikki and namkeen, among other snack products.
11/11/2021

SaaS startup CloudFiles raises INR 2.36 Crore in pre-seed round led by Titan Capital

SaaS startup for secure file sharing and engagement tracking, CloudFiles, has raised INR 2.36 crore in pre-seed round of funding led by Titan Capital. The funding also saw participation from marquee group of angel investors including Ashish Garg Founder and CEO of Eltropy and Renil Komitla, CEO of Terralogic Software.
11/11/2021

Zomato invests USD 60 million in hyperlocal discovery startup Magicpin

Samast Technologies Pvt. Ltd, which operates hyperlocal discovery startup Magicpin, has raised USD 60 million as part of its Series D funding round led by food delivery firm Zomato. Existing investors including Lightspeed Venture Partners also participated in the funding round.
11/11/2021

Global Supply Chain Intelligence Start-Up Trademo Raises USD 12.5 Million Seed Round

Trademo Technologies Inc, a global supply chain software-as-a-service company, has raised USD 12.5 million in its seed funding round led by former Google executive Amit Singhal. The funding round witnessed participation from early-stage venture capital investor Saama Capital, Neeraj Arora, former chief business officer of WhatsApp, and Sridhar Ramaswamy, founder […]
11/11/2021

CapGrid raises seed capital from Anicut Angel Fund, Axilor Ventures, First Cheque

Business to business commerce company CapGrid, has raised INR 4.1 crore in seed funding from Anicut Angel Fund, Axilor Ventures and First Cheque.
11/11/2021

OTT platform TVF raises USD 2 million debt from BlackSoil

OTT streaming platform The Viral Fever (TVF), has raised USD 2 million debt from Mumbai-based venture debt firm BlackSoil.
11/11/2021

GetVantage invests in digital interactive community platform Life Quest Clubs

Digital interactive community platform Life Quest Clubs, has raised an undisclosed amount of growth capital from GetVantage. Life Quest Clubs is a membership-based digital platform that offers go-to community life solutions and can be accessed via web and app.
11/11/2021

Nabventures invests INR 60 Crore in Series A round in agritech startup Unnati

Unnati, a fintech-driven agriculture service platform, has raised INR 60 crore in a Series A funding round led by Nabventures Fund. Orios Venture Partners and Incofin Investment Management also participated in the round.
11/11/2021

Xpand platform raises USD 1.5 million in pre-Series A

Xpand, Last Mile Channel Enhancement’s business-to-business logistics and warehousing platform, has raised USD 1.5 million in a Pre-Series A funding round at a valuation of nearly USD 10 million. The round was led by Akash Prakash, chief executive officer, Amansa Capital who invested in his personal capacity.
10/11/2021

MyGlamm Enters Unicorn Club After Raising Funds From Prosus Ventures, Others

Direct-to-consumer (D2C) beauty brand MyGlamm has entered the coveted unicorn club after raising USD 150 Million in its Series D round. The new funding round has been co-led by Prosus Ventures, Warburg Pincus, along with participation from Alteria Capital and existing investor L’Occitane, Bessemer Ventures, Amazon, among others.
10/11/2021

Health And Wellness Startup Mosaic Raises USD 24 Million Series A Funding

Mumbai-based health and wellness startup Mosaic Wellness has raised USD 24 Million in a Series A funding round led by Sequoia Capital India. Existing investors Elevation Capital and Matrix Partners India also participated in the round
10/11/2021

Nexus backed H2O.ai raises USD 100 million in Series E funding at USD 1.7 billion valuation

Silicon Valley-based artificial intelligence startup H2O.ai has closed USD 100 million as part of its Series E funding round led by the Commonwealth Bank of Australia, Pivot Investment Partners and also saw participation from existing investors Goldman Sachs, Crane Venture, Wells Fargo, New York Life, and NVIDIA.
10/11/2021

Jet Media Network raises USD 2.5 million led by Los Angeles Media Fund

Digital publishing company Jet Media Network has closed a USD 2.5 million seed round led by Los Angeles Media Fund and also saw participation from 10X Capital, Gaingels, JetSynthesys, Spivy Private Capital, and Equinox Systems.
10/11/2021

Ankit Nagori’s Curefoods bags venture debt from Alteria, Trifecta

Curefoods Pvt Ltd, a cloud kitchen startup floated by Cure.fit cofounder Ankit Nagori, has raised debt financing from Alteria and Trifecta
10/11/2021

Edtech startup Codevidhya raises seed funding from RVCF, others

Codevidhya India, an edtech company has raised an undisclosed sum as part of its seed funding round from Rajasthan Venture Capital Fund, Digital Futurists Angels Network, and angel investor Vinay Choudhary
10/11/2021

Sajan Pillai-promoted McLaren Technology raises USD 201 Million; to focus on digital startups

McLaren Technology Acquisition Corp has raised USD 201 Million for its special purpose acquisition vehicle (SPAC) The company plans to use funds to acquire startups in the banking, financial services and insurance (BFSI) sector that leverage AI, ML, and other digital technologies
09/11/2021

Zoomcar gets USD 92 million in SternAegis-led round

Car sharing marketplace Zoomcar, has raised USD 92 million through a private sale of shares to investors, led by SternAegis Ventures with participation from international family offices and institutional investors.
09/11/2021

Fintech Startup TRDR Raises USD 150K

TRDR, an automated stock trading platform, has raised USD 150,000 from investors like CRED’s Kunal Shah, and Snehal Fulzele, CEO and Co-founder of Cloud Lending Solutions.
09/11/2021

Stratzy, investment advisory platform, raises USD 800K in pre-Seed round

Stratzy, an investment advisory platform for everyday investors, has raised USD 800,000 in a pre-Seed funding round from Leo Capital, Titan Capital, and First Cheque.
09/11/2021

HR-tech startup Advantage Club secures additional USD 3.3 million from Jetty Ventures, others

HR-tech startup Advantage Club, has raised USD 3.3 million from Jetty Ventures, Earlsfield Capital and SMC Advisors, among others. Advantage Club is an online employee rewards and recognition platform that seeks to digitise all employee needs under one umbrella.
08/11/2021

Edtech startup Brightchamps valued at nearly USD 500 million with Premji Invest-led funding

Edtech startup Brightchamps, which offers online courses on programming, artificial intelligence, design thinking and financial literacy to kids aged 6-16 years, has raised USD 51 million led by Premji Invest, and valued at nearly USD 500 million. The round saw participation from edtech-focused investor GSV Ventures, Flipkart co-founder Binny Bansal-backed […]
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