Archive News

12/03/2021

Svasti Microfinance bags INR 31 crore from Poonawalla, others

Svasti Microfinance which focuses on women, has raised INR 31 crore from India’s vaccine billionaire Adar Poonawalla and other existing investors Nordic Microfinance Initiative (NMI) and the Rajiv Dadlani Group.
11/03/2021

ixamBee gets funding from Mumbai Angels, others

ixamBee, an online learning platform for government jobs, has raised an undisclosed amount in a funding round led by Mumbai Angels. Dr Narendra Shyamsukha of JITO Angel Network, MakeMyTrip’s co-founder Keyur Joshi and others also participated in the current round.
11/03/2021

Oncology tech startup 4baseCare raises USD 2 Million in pre-Series A from growX Ventures, Season Two Ventures, other

Bengaluru-headquartered oncology technology startup 4baseCare, has raised USD 2 million in a pre-Series A round led by Mount Judi Ventures, growX Ventures, Season Two Ventures, First In Ventures, and a few strategic angel investors.
11/03/2021

Cloud-native security provider Aqua Security turns unicorn, raises USD 135 Million in Series E round

Cloud-native security provider Aqua Security Software Ltd, has raised USD 135 million Series E funding, putting Aqua’s valuation in excess of USD 1 billion. This round was led by ION Crossover Partners with broad participation from Aqua’s existing investors, including M12 – Microsoft’s venture fund, Lightspeed Venture Partners, Insight Partners, […]
11/03/2021

Northern Arc raises USD 10 Million in ECB financing from Calvert Impact Capital

Chennai-based digital debt platform Northern Arc Capital, has raised USD 10 million in debt from US-based Calvert Impact Capital via External Commercial Borrowing. Northern Arc will deploy the funds towards on-lending to financial institutions as well as lending directly to retail customers and to mid-market corporate.
10/03/2021

Jimmy’s Cocktails raises INR 6 crore from Keki Mistry, others

Radiohead Brands, which makes Jimmy’s Cocktails mixers, has raised INR 6 crore funding led by First State Stewart Asia Director Vinay Agarwal, HDFC Ltd. CEO Keki Mistry and others.
10/03/2021

Neeva raises USD 40 million in Series B funding from Sequoia, others

Neeva, the ad-free private search engine, has raised USD 40 million in a Series B funding round led by existing investors Sequoia Capital and Greylock Partners along with participation from growth stage venture fund Inovia Capital.
10/03/2021

Captain Fresh raises USD 3 Million led by Matrix Partners India, Ankur Capital

Captain Fresh, the B2B marketplace for the seafood supply chain, has raised USD 3 million in seed capital led by Matrix Partners India and Ankur Capital India. The round also saw participation from Incubate Fund, ADB Ventures along with angel investors.
10/03/2021

Gurugram logistics startup Ecom Express raises USD 20 Million from CDC Group

UK-based impact investor CDC Group, has invested USD 20 million in Ecom Express a Gurugram-based tech-enabled end-to-end logistics solutions provider to the Indian ecommerce industry.
10/03/2021

NODWIN Gaming raises INR 164 Crore from PUBG developer Krafton

NODWIN Gaming, a subsidiary of Nazara Technologies, has raised INR 164 crore from Krafton, the South Korean developer of PUBG.
10/03/2021

Turtlemint Closes USD 46 Million Series D Round With Jungle Ventures Coming On Board

Mumbai-based online insurtech startup Turtlemint, has raised fresh capital from Singapore-based venture capital firm Jungle Ventures and closed its Series D financing round. With the latest cash infusion Turtlemint’s Series D has seen a total fundraise of USD 46 Million.
10/03/2021

ImaginXP acquires edtech startup Noesis Learning

Pune-headquartered ImaginXP, has acquired Noesis Learning, an edtech startup that enables a digital learning environment and brings technology into the space of career to course mapping.
10/03/2021

Eight Roads Ventures leads Series A round in Quizizz

Quizizz, which gamifies quizzes and interactive lessons, has raised USD 12.5 million in a Series A round of funding led by Eight Roads Ventures. Other participants in this exercise include GSV Ventures, Rocketship.vc, and existing backers Nexus Venture Partners and Prime Venture Partners.
09/03/2021

Insurtech startup Riskcovry gets USD 5 million in Series A funding

Insurtech startup Riskcovry, has received USD 5 million in Series A funding, led by Omidyar Network India. Pune-based venture capital fund Pentathlon Ventures and Delhi-based DMI Sparkle Fund were also among the new investors.
09/03/2021

Propsmith raises INR 5 crore in seed funding from Foxhog Ventures

Real estate advisory startup Propsmith, has raised INR 5 crore in a seed funding round led by US-based venture capital firm Foxhog Ventures.
09/03/2021

Stylework raises INR 4 Crore led by Inflection Point Ventures

Stylework, a Gurugram-based co-working aggregator platform with a pan-India presence, has raised INR 4 crore in a pre-Series A round led by Inflection Point Ventures. We Founder Circle, ah! Ventures, Instarto, and other angel investors also participated in the round.
09/03/2021

Student housing startup Ezstays raises USD 400K in seed round from Richard Rekhy, private investors

Delhi-based student housing community Ezstays, has raised USD 400,000 in a seed round from Richard Rekhy, former CEO of KPMG and other private investors.
08/03/2021

KoineArth raises USD 1.8 million funding from YourNest, others

KoineArth, a blockchain-based supply chain startup, has raised USD 1.8 million in a funding round led by YourNest Venture Capital. Existing investor Inventus India, also participated in the round along with Lumis Partners.
08/03/2021

Webscale raises USD 26 Million in Series C round

Digital commerce solutions provider Webscale, has closed USD 26 million in growth capital financing from investors and Silicon Valley Bank. The Series C round was led by BGV, STCAP Ventures and Mohr Davidow Ventures, with participation from Grotech Ventures.
05/03/2021

Euler Motors raises additional INR 30 Crore as part of ongoing series-A round

Euler Motors, the automotive technology OEM focused on electric commercial vehicles manufacturing, has raised INR 30 crore as a part of its ongoing Series-A round, led by existing investors Inventus India and Jetty Ventures. Existing investor Sujeet Kumar, Co-founder of Udaan, also participated in this round, along with new investors […]
05/03/2021

Insurtech startup Symbo raises USD 9.4 Million in round led by CEFIF, Think Investments

Singapore-based insurtech startup Symbo Platform Holdings, raised USD 9.4 million in a round led by CreditEase Fintech Investment Fund (CEFIF) and San Francisco-based Think Investments. The round also saw participation from existing investors Integra Partners, Insignia Ventures, and AJ Capital.
05/03/2021

DealShare raises INR 25 Crore debt funding from Innoven Capital

Jaipur and Bengaluru-based hyperlocal ecommerce startup DealShare, has raised INR 25 crore in debt funding from Innoven Capital.
05/03/2021

Questt raises INR 9.6 Crore in seed round led by Chiratae Ventures, AET Fund

Questt, focused on building a technology stack for teachers, has raised INR 9.6 crore in a seed round led by Chiratae Ventures. AET Fund and entrepreneurs including Kunal Bahl, Rohit Bansal, Pranay Gupta, Ramakant Sahrama, First Cheque, and Razorpay also participated in the round.
04/03/2021

Logistics Unicorn Delhivery Acquires Retail Tech Primaseller

Gurugram-based logistics unicorn Delhivery has acquired a software-as-a-service platform Primaseller, which allows small businesses to manage their inventory and orders across online and offline channels.
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