Archive News

22/06/2021

Tiger Global, Sequoia lead Series B funding in Progcap

Corporate-led last mile retailer financing solutions company Progcap, has raised USD 25 million equity capital as part of its Series B investment round led by Tiger Global and existing investor, Sequoia Capital India.
21/06/2021

Community platform Kutumb raises USD 26 Million in Series A round led by Tiger Global

Bangalore-based startup Kutumb, which has built a social community app platform focused on Bharat, has raised USD 26 million in a Series A round led by Tiger Global. Other investors include Quiet Capital, Rocketship VC, Nirman Investments, AL Trust, Better Capital also participated in this round.
21/06/2021

Deeptech startup Saarthi.ai raises undisclosed seed funding from Lead Angels Network

Bengaluru based Gamut Analytics (Saarthi.ai), a deeptech startup focusing on conversational AI, has recently raised seed investment of an undisclosed amount from Lead Angels Networ.
21/06/2021

Razorpay backs MSME advisory MSMEx in USD1 million funding round

MSMEx, a business advisory platform for micro, small and medium enterprises in India, has raised USD 1 million in a funding round co-led by digital payments firm Razorpay and investment firm TNF Investments.
21/06/2021

Imagimake raises INR 4.4 Crore in pre-Series A round

Imagimake Play Solutions, which makes a range of innovative toys and games under the brand Imagimake, has raised INR 4.4 crore in pre-Series A round from Roha Investment Managers, and angel investor Saumil Shah.
21/06/2021

Contentstack scores USD 57.5 million in funding led by Insight Partners

Contentstack, a startup that offers a headless content management system, has raised a $57.5 million Series B round. The round was led by Insight Partners, which also led its Series A round. New investor Georgian and existing investors Illuminate Ventures and GingerBread Capital also participated.
21/06/2021

Apis Partners leads Series C funding in insurtech startup RenewBuy

Digital insurance platform RenewBuy, has raised USD 45 million as part of its Series C funding round. The funding was led by UK-based asset manager Apis Partners LLP that invested through Apis Growth Fund II. RenewBuy’s existing investors, Lok Capital and IIFL Wealth, also participated in the funding round.
18/06/2021

Nazara Technologies Acquires Gaming Agency Publishme For INR 20 Crore

Gaming and sports media platform, Nazara Technologies, has acquired a majority stake of 69.82% in Turkey and West Asia based mobile gaming publishing agency, Publishme. The acquisition of the majority stake was done by the way of primary and secondary transactions, with an acquisition value of INR 20 Crore.
18/06/2021

Spring Marketing Capital makes strategic investment in organic brand Juicy Chemistry

Coimbatore-based organic skin and personal care brand Juicy Chemistry, has raised funds from Spring Marketing Capital. Spring Marketing Capital has made this strategic investment via their unique ‘Skin in the Game’ Fund, in which Global consumer investor Verlinvest is an anchor.
18/06/2021

Vishal Sikka founded AI platform Vianai Systems raises USD 140 Million

Human-Centered AI platform and products company Vianai Systems, has raised USD 140 million in a Series B round from SoftBank Vision Fund 2 and other industry players. Vianai Systems is looking to accelerate the delivery of its human-centered AI platform and products to enterprises worldwide.
18/06/2021

BrowserStack becomes India’s highest-valued SaaS firm after fresh funding

BrowserStack, a web, and mobile app testing platform, has raised USD 200 million, led by storied Silicon Valley investor Mary Meeker’s Bond Capital, valuing the San Francisco and Mumbai-based company at USD 4 billion. Insight Partners and existing investor Accel also participated in the round.
17/06/2021

Talent management startup Sense raises USD 16 Million Series C round led by Avataar Ventures

San-Francisco based talent management startup Sense has raised Series C funding of USD 16 million led by Avataar Ventures. The round also saw participation from existing investors Accel Partners and Google Ventures.
17/06/2021

Venturi Partners Fund I reaches first close of USD 100 Million

Venturi Partners, the Singapore-based fund manager that focuses on the consumer space in India and South East Asia, has made its first close of USD 100 million. Venturi Partners will focus on investments across the consumer space in FMCG, education, and healthcare services and has an ultimate target of USD […]
17/06/2021

Insurtech startup Vital raises USD 3 Million in pre-Series A round led by BLinC Invest

Vital, a next-generation insurtech platform offering tailor-made, comprehensive and pocket-friendly health plans, has raised USD 3 million in a pre-Series A round led by venture capital company BLinC Invest. Venture Catalyst, Survam Partners, and several other angel investors also participated in the round.
17/06/2021

Edtech startup ApplyBoard raises USD 300 Million at a valuation of USD 3.2 Billion

Study Abroad EdTech ApplyBoard, has raised USD 300 Million in Series D funding round, raising its valuation to USD 3.2 Billon. The funding round was led by Ontario Teachers Pension Plan Board via its Teachers Innovation Platform (TIP). The company’s existing investors such as Fidelity Management and Research Company, LLC, […]
17/06/2021

D2C startup WaterScience raises undisclosed sum from Velocity

WaterScience which manufactures filters that purify water for non-drinking use cases, has raised an undisclosed amount of funding from Velocity.in, a revenue-based financier.
17/06/2021

NV Capital launches maiden media and entertainment credit fund

NV Capital has launched its maiden media and entertainment credit fund to raise up to INR 500 crore. The objective of the fund was to invest in content creators, OTT platforms, gaming, and entertainment startups.
16/06/2021

D2C Personal Care Startup Pilgrim Raises INR 13 Crore Led By Fireside Ventures

Bengaluru-based direct-to-consumer startup Pilgrim which manufactures its own range of personal care products, has raised INR 13 crore in a Series A funding round led by Fireside Ventures, Rukum Capital along with participation from the founding teams of Boat, NoBroker, and the founder-CEO of Bewakoof.com.
16/06/2021

Men’s innerwear brand XYXX raises INR 30 Crore in Series A round led by Sauce.VC

XYXX, a millennial-friendly brand in the men’s innerwear and comfort-wear space, has raised INR 30 crore in its Series A round of funding from DSG Consumer Partners and Synergy Capital Partners. Existing investor Sauce.VC led this round.
16/06/2021

Apna Raises USD 70 Million in Series B Funding led by Insight Partners and Tiger Global at USD 570 Million valuation

Apna, is helping millions of such blue and gray-collar workers upskill themselves, find communities, and land jobs, has raised Series B funding of USD 70 million led by Insight Partners and Tiger Global, at a valuation of USD 570 million. Existing investors Sequoia Capital India, Lightspeed India, Greenoaks Capital, and […]
16/06/2021

Fampay raises USD 38 Million in Series A round led by Elevation Capital, Sequoia Capital India

Teen-focused fintech startup FamPay, has raised USD 38 million in a Series A funding round, led by Elevation Capital and existing investor Sequoia Capital India. Other investors such as Y Combinator, Venture Highway, Global Founders Capital, as well as new investors including General Catalyst, Rocketship VC, and Greenoaks Capital also […]
16/06/2021

Flexmoney raises USD 4.8 Million in Series A round from Pravega Ventures, others

Flexmoney, a Mumbai-based full-lifecycle digital credit network platform for lenders and merchants, has raised USD 4.8 million in its Series A funding led by Pravega Ventures and also saw participation from Silicon Valley-based Z5 Capital and HNIs.
16/06/2021

Delhi startup Wherehouse.io raises seed round led by Better Capital

Cloud-based on-demand warehousing solution startup Wherehouse.io, has raised an undisclosed seed capital led by Better Capital. Key investors including Java Capital, Titan Capital, First Cheque, and Upsparks, also participated in the round.
15/06/2021

Convosight raises USD 9 million in funding from Qualgro, others

Convosight, a community monetisation platform, has raised USD 9 million in a Series A funding round led by Singapore-based venture firm Qualgro. Unilever Ventures, along with existing backers. IvyCap Ventures and Sequoia Capital India’s Surge also participated in the capital raising.
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