Archive News

15/06/2021

Junio raises additional INR 5 Crore in seed round

Junio, a kids-focused digital pocket money startup, has raised an additional INR 5 crore in funding from Venture Catalysts, HNI investors, and Family Offices led by the Rajiv Dadlani Group. With his round, the fintech startup has raised a total of Rs 15 crore in its seed round.
15/06/2021

Blockchain startup Instadapp raises USD 10 Million led by Standard Crypto

Hyderabad-based blockchain startup Instadapp, raised USD 10 million in a new funding round led by Standard Crypto, along with Yearn Founder Andre Cronje, DeFi Alliance, and Longhash Ventures.
15/06/2021

Nutraceutical startup Power Gummies raises USD 1 Million led by 9Unicorns

Nutraceutical startup Power Gummies, has raised its second bridge round funding of approximately USD 1 million at an undisclosed valuation led by 9Unicorns, with participation from DSG and Pivot Ventures.
15/06/2021

B2B marketplace Jumbotail raises INR 35 Crore in Debt from Alteria Capital

Jumbotail, a Bengaluru-based new retail platform and B2B marketplace for food and grocery products, has raised INR 35 crore venture debt round from Alteria Capital.
15/06/2021

FMCG distribution platform Dropshop raises INR 9.3 Crore in pre-Series A led by Inflection Point Ventures

Bengaluru-based one-stop distribution platform for FMCG brands Dropshop, has raised INR 9.3 crore in a pre-Series A round led by Inflection Point Ventures. Existing investors Axilor Ventures and The Chennai Angels also participated in the round.
15/06/2021

SimpliContract raises USD 1.8 Million in seed round led by Kalaari Capital

Bengaluru-based SimpliContract, an AI and SaaS-based contract lifecycle management (CLM) platform, has raised USD 1.8 million in a seed funding round led by Kalaari Capital with participation from Picus Capital, Arka Venture Labs, and Digital Sparrow Capital.
14/06/2021

Byju’s becomes India’s most valued startup after USD 340 million funding

Education technology company Byju’s, has raised close to USD 340 million from investors such as the UBS Group, Zoom founder Eric Yuan, Blackstone, Abu Dhabi sovereign fund ADQ and Phoenix Rising–Beacon Holdings. The startup was valued at around USD 16.5 billion post-investment.
14/06/2021

DeFi startup Instadapp raises USD 10 million in funding

Decentralised finance (DeFi) startup Instadapp has raised $10 million in funding from venture capital firm Standard Crypto, and strategic partners, including Yearn founder Andre Cronje, DeFi Alliance, Longhash Ventures, among others.
14/06/2021

Fintech startup Chqbook raises USD 1 Million from InnoVen Capital to increase its loan book

Chqbook is a fintech startup that allows customers to explore, compare, book and get personal finance products, has raised USD 1 million from InnoVen Capital. The company intends to use the funds raised to increase its loan book.
11/06/2021

Hygiene and wellness brand Pee Safe raised INR 25 Crore in Pre-Series B round

Hygiene and wellness brand Pee Safe, has raised INR 25 crore in a Pre-Series B round, led by entrepreneur and investor Shaival Desai and existing investor Alkemi Growth Capital.
11/06/2021

B2B buyer intelligence startup Slintel raises USD 20 Million in Series A round led by GGV Capital

B2B buyer intelligence startup Slintel has raised USD 20 million in Series A funding led by GGV Capital. The round also saw participation from existing investors Accel, Sequoia Capital India, and Stellaris Venture Partners.
11/06/2021

Eightfold AI raises USD 220 Million in Series E round led by Softbank Vision Fund 2

Eightfold AI, a talent matching platform, has raised USD 220 million in Series E round led by SoftBank’s Vision Fund 2. This funding round also saw participation from existing investors like General Catalyst, Capital One Ventures, Foundation Capital, IVP, and Lightspeed Venture Partners.
11/06/2021

Nutraceuticals startup Wellbeing Nutrition raises undisclosed sum from Klub

Wellbeing Nutrition, a Mumbai-based organic plant-based nutrition startup, has raised an undisclosed amount in growth financing through Revenue Based Financing platform, Klub.
11/06/2021

EV tech startup Cell Propulsion raises USD 2 Million from existing investors

Mobility and electric vehicle technology startup Cell Propulsion raised USD 2 Million in debt and equity round from existing investors. Endiya Partners, growX Ventures, Huddle Accelerator and Micelio were the key investors in this round.
11/06/2021

Low-code interactive customer engagement platform CustomerGlu raises USD 320k led by Better Capital, others

US and Bengaluru-based low-code interactive customer engagement platform CustomerGlu, has raised pre-seed funding of $320,000 led by Better Capital.The round also saw participation from angel investors.
11/06/2021

Kale Logistics raises USD 5 Million Series A investment led by Inflexor Ventures

IT solution provider focused on the logistics and airports industry Kale Logistics, has raised USD 5 million in Series A funding from Inflexor Ventures, a technology-focused VC fund. The round also saw participation from other existing investors.
11/06/2021

Edtech startup Leverage Edu raises USD 2 Million in debt round from Trifecta Capital

New Delhi-based foreign university admissions platform, Leverage Edu, has raised USD 2 million in a debt financing round from venture debt firm Trifecta Capital.
11/06/2021

Tech-based mentorship platform MentorKart raises USD 150K led by Startup Buddy’s founders

New Delhi-based mentorship patented platform MentorKart, has raised USD 150,000 in seed round led by Amit Singal and Manish Aggarwal, Founders of Startup Buddy. MentorKart offers specialised mentorship programmes for students, working professionals, and entrepreneurs.
11/06/2021

Fluid Ventures announces its first close of INR 25 Crore to invest in D2C startups

With an aim to support home-grown consumer startups, Gurugram-based Fluid Ventures has announced its first close of INR 25 crore as investment capital. The fund aims to invest in 15-18 startups in the food and beverages, beauty, personal care, lifestyle, and home products segments.
10/06/2021

Green energy startup Greenjoules raises USD 4.5 Million from Blue Ashva Capital

Greenjoules Pvt Ltd, a Pune-based green energy technology startup, has raised its Series A round of USD 4.5 million from Blue Ashva Capital through its Blue Ashva Sampada Fund. The funds raised are a combination of equity and debt and will be utilised to set up commercial-scale waste-to-energy plants and […]
10/06/2021

AI-enabled logistics startup Shyplite raises USD 1 Million from N+1 Capital

Shyplite, a Delhi-based AI-powered logistics platform that enables businesses to automate their logistics and increase shipping efficiency by providing a single-window platform integrated with multiple carriers, has raised USD 1 million from revenue-based growth capital firm N+1 capital.
10/06/2021

Credit platform Capital Float raises INR 50 Crore debt from Netherlands-based Triodos

Consumer and business loans company Capital Float, has raised INR 50 crore in debt funding from The Netherlands-based Triodos, for a period of three years. The company operates Buy Now Pay Later product, in partnership with online platforms and brands. It also offers a full suite of financial planning and […]
10/06/2021

Invoice factoring startup Reevoy raises seed round led by Stellaris Venture Partners

Invoice factoring startup Reevo,y has raised an undisclosed amount in seed funding led by Stellaris Venture Partners along with Better Capital and Startup Angel Network (SAN). The round also saw participation from Ashish Sharma, Kunal Shah, and others.
10/06/2021

BuyerAssist.io raises USD 2 Million in seed round led by Stellaris Venture Partners, Emergent Ventures

B2B buyer engagement platform BuyerAssist.io, has raised USD 2 million in seed financing led by Stellaris Venture Partners and Emergent Ventures. The round also saw participation from Better Capital and other angels.
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