Archive News

01/11/2021

Zepto raises USD 60 million to deliver groceries in 10 minutes

Quick commerce grocery delivery app Zepto, has raised USD 60 million led by US investment fund Glade Brook Capital, at a post-money valuation of USD 225 million. Venture capital fund Nexus Venture Partners and Silicon Valley’s Y Combinator also participated in the funding round along with prominent angel investors.
01/11/2021

Purplle raises USD 75 Million in a new round led by Kedaara Capital

Women-focused online beauty and grooming marketplace Purplle has raised USD 75 million in its Series E round led by private equity firm Kedaara Capital. Existing investors Sequoia Capital and Blume Ventures also participated in the funding round.
01/11/2021

Clean beauty marketplace Vanity Wagon raises INR 5.5 Crore led by Inflection Point Ventures

Clean beauty marketplace Vanity Wagon, has raised INR 5.5 crore in a pre-Series A round led by Inflection Point Ventures. The round also witnessed participation from Venture Catalysts, Lotus Herbals, the existing investors – Agility Ventures and a few HNIs.
01/11/2021

D2C startup Wallmantra raises capital from Velocity

Direct-to-consumer startup Wallmantra has raised an undisclosed amount of funding from Velocity, a revenue-based financier fintech. Wallmantra designs and sells affordable wall and interior decor via its own website and marketplaces like Amazon and Pepperfry.
01/11/2021

Avanti Finance raises USD 15 Million from existing investors

Technology-led non banking finance company Avanti Finance, has raised USD 15 million as part of its Series A extended round from existing investors Oikocredit, Nomura, The Bill & Melinda Gates Foundation, and Dr. K R Shroff Foundation.
01/11/2021

AiRTH Raised Seed Funding From Whiteboard Capital

AiRTH, an antimicrobial air purifiers manufacturing start-up, has raised an undisclosed seed funding from Whiteboard Capital, Syrma Technology, and FIRST (IIT Kanpur).
01/11/2021

Online business school Stoa raises funds from founders of Zerodha, CRED, Udemy, other

Questo Wellbeing Pvt Ltd, which runs Stoa School, an online business school, has secured USD 1.5 million from founders of Zerodha, CRED, Udemy, Myntra, Redbus, and Zivame. Stoa School runs cohort-based programs to help mid-career professionals accelerate their growth in business roles.
29/10/2021

Flipkart to power social commerce on short-video platform Moj

E-commerce giant Flipkart announced a partnership with short video platform Moj. The company will work with Moj to provide content and commerce experiences on the latter’s videos. The partnership will give Moj users the ability to buy tagged Flipkart marketplace products directly from the video screen.
29/10/2021

Jubilant Foodworks To Acquire 35% Stake In CRM Startup Hashtag Loyalty

Delhi NCR based food services company Jubilant Foodworks is acquiring a 35% stake in customer relationship management (CRM) and automation startup Hashtag Loyalty for INR 24.75 Cr
29/10/2021

Fino Payments Bank Raises INR 538.78 Cr From Anchor Investors

A day ahead of its initial public offering (IPO), Fino Payments Bank has raised INR 538.78 Cr from anchor investors that includes Fidelity International, Invesco, Pinebridge Global Funds & HSBC.
29/10/2021

Wealth Management Startup Scripbox Raises USD 10.5 Mn As Part Of Series D Round

Bengaluru-based Scripbox, an online mutual fund investment startup has raised USD 10.5 Mn as part of Series D funding round from its existing investors Accel Partners, NLI Investment Fund, and KPB Family Trust
29/10/2021

Edtech startup Virohan raises funds from Keiretsu Forum, Better Capital, others

Virohan, an edtech startup focussed on healthcare has raised an additional USD 1.3 million in funding from its existing investors Keiretsu Forum, Priya Shah, Better Capital, Vikas Gambhir, and Joydeep Bhattacharya.
29/10/2021

Healthtech startup Cloudphysician raises USD 4 Million from Elevar Equity

Cloudphysician Healthcare, a healthcare technology company focused on critical care has raised USD 4 million as part of its pre-Series A funding round from Elevar Equity. Funds will be used to expand its global footprint
29/10/2021

D2C petcare brand Wiggles.in raises USD 5.5 Million led by Anthill Ventures

Wiggles.in, a direct-to-consumer petcare brand has raised USD 5.5 million in a pre-Series A funding round led by Anthill Ventures and also saw participation from Panthera Peak Ventures, Varun Alagh, Nikhil Bhandarkar, Ubiquity Capital & Nachikhet Deshpande
29/10/2021

Trade finance platform Drip Capital raises USD 175 Million in debt and equity

California-based Drip Capital, a digital cross-border trade finance platform for SMEs has raised USD 175 million in fresh capital as part of its Series C investment round led by San Francisco-based TI Platform and also saw participation from Accel, Sequoia, Wing VC, Irongrey and GC1 Holdings.
29/10/2021

Legaltech startup Vakilsearch raises USD 10 Million from Incorp India

Vakilsearch, an online platform for legal, tax, and compliance services raised USD 10 million from Incorp India. The funds will be used to accelerate tech and product development and marketing, sales, and talent acquisition.
28/10/2021

D2C baby products brand R for Rabbit raises INR 40 Crore from Xponentia Capital Partners

R for Rabbit, a baby products brands, raised INR 40 crore from private equity firm, Xponentia Capital Partners. The company focuses on developing safe baby products that meet international quality guidelines at accessible price points.
28/10/2021

Zenduty raises USD 1.9 Million led by StartupXseed Ventures

Zenduty, a SaaS startup, has raised USD 1.9 million as part of its Pre-Series A round of funding led by StartupXseed Ventures, with participation from Powerhouse Ventures, Titan Capital, Supermorpheus, 100X Entrepreneurs, Kwaish, and Secure Octane Fund. Zenduty helps engineering teams recover from downtime faster.
28/10/2021

B2B automobile spares parts startup Koovers raises USD 1.5 Million led by Inflection Point Ventures

B2B automobile spare parts startup Koovers, has raised USD 1.5 million led by Inflection Point Ventures, JPIN-VCats, and Venture Catalysts.
28/10/2021

D2C footwear brand CHUPPS raises USD 1.1 Million in pre-Series A round

CHUPPS, a direct-to-consumer sustainable footwear brand, has raised USD 1.1 million in pre-Series A round from Venture Catalysts and other lead investors such as Gunavanth Vaid from 4G Capital, and Kaushal Vora from Genesis Packaging.
28/10/2021

Tech infrastructure platform Hypto raises USD 3 Million in seed round led by Stellaris Venture Partners

Hypto, a tech infrastructure platform focused on deconstructing financial products for developers, has raised USD 3 million in a seed round led by Stellaris Venture Partners, with participation from 3one4 Capital and Core 91.
28/10/2021

LoveLocal raises USD 18 million funding round led by Vulcan Capital

LoveLocal, an aggregator of hyper-local retailers, has raised USD 18 million in a funding round led by Vulcan Capital, which was founded by Microsoft cofounder Paul Allen. The round also saw participation from Alumni Ventures Group, Commerce Ventures, and existing investors Blume Ventures, AC Ventures, HenkelX Ventures, Chiratae Ventures and […]
28/10/2021

Food platform The State Plate raises pre-seed funds from Antler India

The State Plate, a platform focused on Indian regional foods, has raised an undisclosed sum in a pre-seed funding round from Antler India. The State Plate is solving for pan-India accessibility of regional cuisine by building a platform of regional specialities from across the country.
28/10/2021

Acko  turns unicorn after USD 255  million fundraising round

Indian digital insurance provider Acko, has raised USD 255 million as a part of its Series D round led by private equity firms General Atlantic and Multiples Private Equity, at a valuation of USD 1.1 billion. The round also included participation from Canada Pension Plan Investment Board and Lightspeed, as […]
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