Archive News

29/03/2017

Handset maker Intex launches $30 mn early-stage fund

Delhi-based mobile handset maker Intex Technologies has launched a $25-30 million (INR 150-200 crore) fund to invest in early-stage technology startups. The fund will invest in startups operating in areas that are a strategic fit for Intex, such as electronics, apps, mobile phones, human resources and sports.
29/03/2017

Online meat service startup Licious gets $10 million in funding

Online meat service startup Licious has secured $10 million in Series-B funding from a clutch of investors including existing backer Mayfield India and Mohandas Pai’s 3one4 Capital. The company will use the funds for expansion in other cities like Hyderabad and Delhi-NCR region and introduction of gourmet meats.
29/03/2017

ShopClues’ Sandeep Aggarwal has INR 20 crore for private investments

Sandeep Aggarwal, the founder of Droom and ShopClues, is seeking to establish himself as an entrepreneur-investor with a family office as well as a corpus nearly seven times his startup investments last year. Aggarwal has earmarked INR 20 crore for personal investments in nine-twelve startups this year.
29/03/2017

FalconBrick Raises Angel Funding, Aims To Redefine Construction Process For Real Estate

Real estate tech startup FalconBrick has secured an undisclosed amount in its Angel round of funding led by Satveer Thakral of Singapore Angel Network, LetsVenture, and Mumbai Angels. The round also saw participation from Apurva Salarpuria (founder, Salarpuria Sattva Group), Rahul Talwar (promoter family of DLF Ltd), Sidharth Pansari (Director, […]
29/03/2017

Rootr raises seed funding from Intex Tech

Sports engagement platform Rootr has received an undisclosed amount of seed funding from Intex, a consumer electronic goods and accessories making company. The startup will use the money to strengthen its tech team at Rooter, all the while maintaining a lean structure
28/03/2017

The Pitch Room

Introducing The Pitch Room, a unique opportunity to pitch one-to-one to investors & VCs. Fill out the application form. 10 shortlisted Startups to be pitching at the final event. Every Startup will get 15 minutes to pitch their project to 10 investors in closed rooms
28/03/2017

Startups Founders & Investors Meet

Eduwhiz brings Startup Founders & Investors 3.0, an opportunity for entrepreneurs to pitch their business plan to investors and get expert guidance from mentors. Shortlisted startups have the opportunity to pitch to investors followed by a Q&A session with the panellists and audience. The event is a great chance to […]
28/03/2017

Startup & Advertising Expo

This event is an opportunity for all those who are working either in advertising business or in startup industry or even planing to start their business. Every business needs advertising in its growth. But when it comes to new business or a startup to come into the market the need […]
28/03/2017

The One Hour VC #1:Why are financial valuations important at the Seed Stag?

The One Hour VC is a talk series where angel, seed, and venture capital investors are invited to discuss about startups and funding. In each episode, the focus will be on particular topics and guests will also discuss about their funding methodologies. Every episode ends with a networking session where […]
28/03/2017

News Corp VCCircle Payments Forum 2017

The industry still requires significant investments in infrastructure and technology, but still hurdles like mass acceptability, usage and adaptability are the key concerns. Security and consumer grievances are also a huge challenge which the country is still grappling with. For the 6th edition of VCCircle Network’s Payments Forum 2017, will […]
28/03/2017

AdUrCup raises $325k in pre-Series A round

AdUrCup, a startup operated by Adcount Technologies Pvt Ltd has raised around $325,000 in pre-Series A round of funding from undisclosed investors as well as existing backers. AdUrCup plans to use this latest funding to expand its operations to new cities as well as building stronger unit economics.
28/03/2017

Fintech startup Perpule raises $650k from Kstart Capital

Fintech startup Perpule has raised $650,000 in a funding round led by Kstart Capital, the sister concern of VC firm Kalaari Capital. The round also saw participation from venture fund Venture Highway and Raghunandan G, cofounder of TaxiForSure.
28/03/2017

Capillary Tech buys stake in CRM-based startup Exclusife

Capillary Technologies has acquired a minority stake in Exclusife by investing an undisclosed amount in the CRM-based startup that targets small and medium retailers in India. The capital will be utilized to expand to 11 more cities by the end of the next financial year and penetrate further into the […]
27/03/2017

Fashion portal Fynd raises $500K from Venture Catalysts

Online fashion marketplace Fynd, run by Shopsense Retail Technologies Pvt Ltd, has raised $500,000 from seed investment platform Venture Catalysts in its Series A round of investment. The funding will be utilized to enhance its consumer offerings and strengthen its brand strategy.
27/03/2017

Cross Border Angels commits $500K into eight startups

Cross Border Angels , the investment network started by US-based Scaale Group three years ago, has committed to invest at least $500,000 in eight Indian startups. The startups include Mumbai-based Shirsa Labs Pvt Ltd, Hyderabad-based EdgeFx Technologies Pvt Ltd, Jaipur’s eShiksa and Pune-based 14Square.
27/03/2017

Sports Flashes raises angel round

New Delhi-based India Sports Flashes Pvt Ltd, which operates sports content app Sports Flashes, has raised an undisclosed amount in angel funding from Vikas Bajaj, joint managing director, Bajaj Motors Ltd, and Amit Kharbanda, founder, MyBox Technologies Pvt Ltd. The app is currently available to users in five languages.
27/03/2017

Medical tourism startup Oxa raises seed funding from Idein Ventures

Healthcare startup Oxa Medical, which provides curated medical tourism packages, has secured an undisclosed amount in seed funding from UAE-based Idein Ventures Pvt Ltd. It will use the money to build its technology stack and expand its operations.
27/03/2017

Education sector-focused PE firm Kaizen marks first close of second fund

Education sector-focused private equity (PE) firm Kaizen Management Advisors Pvt. Ltd said it has marked the first close of its second fund—Kaizen Private Equity II—at Rs285 core (about $42 million) with five investors that included institutions and strategic education companies. Some of Kaizen’s portfolio companies include Neev Knowledge Management Pvt. […]
27/03/2017

Personal assistant platform DoneThing raises Rs 2 crore from Brand Capital

DoneThing, an on-demand personal assistant service, has raised Rs 2 crore (about $300,000) funding from Brand Capital. The startup will use the funding for geographical growth and service expansion.
27/03/2017

Marketing automation startup Wigzo raises funds for expansion

Marketing automation platform Wigzo has raised an undisclosed amount of funding in a bridge round that was led by existing investor 3one4 Capital. The round also saw the participation from Aarin Capital, Advantedge Partners and a bunch of angel investors, including Arjun Sharma of Select Hospitality, and Mohit Gulati of […]
27/03/2017

PharmEasy raises Rs 111 crore in Series-B round

Mumbai-based pharmacy aggregator PharmEasy has closed a $17-million deal (around Rs 111 crore) in a series-B round by three of its existing venture capital investors. PharmEasy’s latest round of funding was led by Silicon Valley’s Bessemer Venture Partners and Mumbai-based Orios Venture Partners as well as Aarin Capital also participated […]
24/03/2017

$100 million Delhivery from Carlyle as e-commerce logistics hots up

Carlyle Asia Partners IV (CAP IV) has led a $100 million (Rs 655 crore approx) funding round for e-commerce logistics company Delhivery for a significant minority stake in the company. Existing investor Tiger Global also participated in the round which values the company at close $700 million (Rs 4700 crore).
24/03/2017

BabyOnBoard gets seed funding from Anant Pandit, others

BabyOnBoard, a Bangalore-based parenting startup, has received an undisclosed amount of seed funding from Gana Yantrika Systems Anant Pandit. BabyOnBoard which helps parents save memories of their baby and share the parenting journey with family and friends, will use the money for product development and enhacing user experience.
24/03/2017

PE fund Paragon Partners invests $15m in 2 companies

Private Equity (PE) fund Paragon Partners has invested $15 million (INR 100 crore) in two Indian companies-INR 75 crore in Cravetex Brands Ltd and INR 25 crore in InCred Finance.
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