Archive News


Lightbox backs pharmacy chain Generico in debut healthcare bet

Generico a pharmacy retail chain which sells low-cost generic medicines has raised USD 14 million in a new funding round led by venture capital firm Lightbox

Nestaway Invests USD 10 Million To Its Co-Living Entity Hello World

Home rental startup Nestaway has invested USD 10 Million towards its co-living and student living entity, Hello World, which is being led by the Nestaway co-founder Jitendra Jagadev

Wow! Momo has Tiger’s INR 130 crore

New York-based Tiger Global Management has invested INR 130 crore in quick service restaurant (QSR) chain Wow! Momo, marking its first consumer product bet in India

Ribbit leads USD 21 million round in Groww

Ribbit Capital has led a around USD 21 million funding round in Bengaluru-based Groww the latest investment by the Silicon Valley-based fintech-focused investment firm

Helix invests INR 50 crore in Dentzz

India focused PE fund Helix Investments has invested INR 50 crore in dental services brand Dentzz through a secondary transaction

Inflection Point Ventures invests in rural health-focussed startup iKure

iKure Techsoft a startup that provides a social health platform involving primary healthcare and wellness and prevention services has raised an undisclosed sum of money from Inflection Point Ventures (IPV)

Former TCS, Tech Mahindra CEOs log into jobs marketplace GigIndia

GigIndia a technology platform that helps students find part-time jobs, has raised funding from a clutch of technology industry veterans including former Tata Consultancy Services Ltd CEO S Ramadorai

Satya MicroCapital, Light Microfinance raise debt funding

Satya MicroCapital mobilised USD 7 million while Light Microfinance mopped up USD 5 million by issuing non-convertible debentures to Mauritius-based Aviator Global Investment Fund and Indian debt platform Northern Arc Capital

Chiratae Ventures out with a fresh seed fund of USD 35 million for new bets

Chiratae Ventures is launching a separate USD 35 million seed fund, as the fight for seed and early-stage investments across top venture funds intensifies

General Catalyst Invests around INR 69 Crore In Cred’s Series B Funding Round

Kunal Shah’s credit card rewards app Cred has raised around INR 69 Crore in Series B funding round from US-based venture capital fund General Catalyst

Zodius, Avendus Invest around USD 3 Million in Lingerie Startup Zivame

Bengaluru-based online lingerie retailer Zivame has raised equity funding from existing investors Zodius Capital and Avendus Capital

Dream Incubator, Venture Catalysts invest in logistics startup Blowhorn

Intra-city logistics startup Blowhorn has raised a fresh round of funding from new and existing investors

Former Foodpanda CEO’s health-tech startup Meddo pockets pre-Series A cheque

Meddo, a health-technology startup that integrates physical and online healthcare services has raised USD 3 million in a pre-Series A funding round led by the Philadelphia and Hyderabad-based SRI Capital

Mastercard bets on digital identity solutions startup Syntizen

Multinational payments technology company Mastercard has invested in software as a services company Syntizen Technologies in its latest bet on an Indian startup

SME lender Aye Finance raises debt funding worth USD 11 Million

Fintech lender Aye Finance backed by multi-stage investor SAIF Partners and Google’s venture capital arm CapitalG has raised around USD 11 million in debt

PayU, Fosun closing USD 10 million round in DotPe

PayU and Fosun International are closing in on a USD 10 million equity financing round in DotPe

Amid Cofounder Exit, NestAway Raises USD 5 Million From Goldman Sachs

Bengaluru-based home rental startup NestAway has raised USD 5 Million from existing investor Goldman Sachs

Rajan Anandan, other IAN investors back health-tech startup PlusPin

Health-tech startup PlusPin Healthcare has raised around INR 5 crore in its seed round of funding from a clutch of investors of the Indian Angel Network (IAN)

Roots Ventures ploughs angel funding in healthy food startup Kaarya

Healthy food company Kaarya Naturals Pvt Ltd has raised an undisclosed sum from Roots Ventures

Ed-tech startup AttainU raises angel funding from former Google, Intuit execs

Leetu Education which operates the software engineering focussed education technology startup AttainU, has raised angel funding from a clutch of high profile investors

B2B footwear marketplace ShoeKonnect gets funding from new, existing investors

Online business to business footwear marketplace ShoeKonnect has secured about INR 11 crore in a new round of funding from a new and an existing investor

OkCredit raises Series B funding from Lightspeed, Tiger Global

Fintech firm OkCredit has raised USD 67 million in its Series B round of funding led by Lightspeed and Tiger Global

Fintech lender NeoGrowth raises debt funding from Proparco

NeoGrowth Credit a small and medium enterprises-focused fintech lender has raised USD 17 million in debt financing from France’s Proparco SA

Pet Care Brand ‘Heads Up For Tails’ Raises USD 10 Million In Pre-Series A Funding

Delhi-based pet care and products retailer Heads Up For Tails said it has completed a USD 10 Million Pre-Series A funding round and the investment was led by a group of family offices, HNI’s and existing promoters