Archive News

09/04/2021

ShareChat valuation jumps to USD 2.1 billion with USD 502 million fundraise

Indian content-sharing platform ShareChat, has raised fresh capital of USD 502 million in a funding round led by US investment firm Tiger Global with participation from Snap Inc, and existing investors including Twitter and Lightspeed Venture Partners. The deal puts the valuation of the homegrown social network at USD 2.1 […]
08/04/2021

SuperBottoms raises Series A capital from Saama and DSG

Reusable diapers manufacturer SuperBottoms has raised USD 2 million in a Series A funding round from Saama Capital and DSG Consumer Partners.
08/04/2021

Chiratae Ventures, Beenext lead funding in digital lender ShopSe

ShopSe which partners lenders and retailers to provide EMI options to customers at the point of purchase has raised INR Rs 40 crore in funding led by early-stage venture capital funds Chiratae Ventures and Beenext. The round also saw participation from Pentathlon Ventures, Opus, and existing angel investor Abhishant Pant […]
08/04/2021

Fantasy Akhada raises funding from Prime Securities

Fantasy Akhada that is a cricket and football-focused fantasy sports platform has raised INR 5 crore from Prime Securities, a boutique investment banking firm.
08/04/2021

Refex Capital leads round in Rage Coffee

Rage Coffee that manufactures, markets, and distributes packaged coffee products has raised growth capital as part of its pre-Series A round led by Refex Capital. The round also saw participation from investors including 9 Unicorns Venture Capital Fund, Emarson Computers, CC One Venture Labs, and Spotlight Capital.
08/04/2021

PharmEasy parent rises to unicorn status as TPG Growth and others invest

API Holdings Pvt Ltd, the parent of online firm PharmEasy has raised USD 350 million from Prosus Ventures, TPG Growth, and others as part of its Series E round. Existing investors Temasek, CDPQ, LGT Lightrock, Eight Roads, and Think Investments also participated in this round
08/04/2021

Trifecta Capital to launch late-stage equity venture fund

Trifecta Capital is planning to launch a late-stage equity venture fund with a target corpus of INR 1500 crore which will invest in new economy companies likely to pursue an IPO in the next one to three years with a ticket size of about USD 15-20 Million
08/04/2021

CP Gurnani, CitiusTech founders back Gurugram-based edtech startup

Tech Mahindra managing director and CEO CP Gurnani has joined CitiusTech founders Rizwan Koita and Jagdish Moorjani in a seed funding round in an ed-tech startup WiT-ACE that is focused on bringing women back into the workforce
08/04/2021

Investment platform Groww joins unicorn club with Tiger Global-led round

Investment platform Groww has vaulted to the unicorn club after raising INR 618 crore in its Series D round led by Tiger Global Management. The investment also saw participation from existing investors Sequoia India, Ribbit Capital, YC Continuity, and Propel Venture Partners.
07/04/2021

Cred’s valuation soars to USD 2.2 billion after raising new financing

Credit card repayment platform Cred, has raised USD 215 million in its Series D round co-led by new investor Falcon Edge and existing investor Coatue Management. Insight Partners and existing investors DST Global, RTP Global, Tiger Global, Greenoaks Capital, Dragoneer Investment Group and Sofina also participated in this round.
07/04/2021

Lendingkart’s NBFC unit raises USD 15 Million in debt

Fintech startup Lendingkart which provides short-term working capital loans to the SME and MSME sector, has raised USD 15 million in debt funding from The Netherlands-based entrepreneurial development bank FMO.
07/04/2021

Car service startup Pitstop raises USD 3.5 Million in pre-Series B round led by Ventureast

Pitstop, a Bengaluru-based tech-enabled multi-brand car service provider, has raised USD 3.5 million in a pre-Series B round led by Ventureast, along with ACKO Technologies, AngelList India, and Blume Ventures and others.
06/04/2021

PlayShifu raises USD 17 million in Series B funding led by Inventus

Early-learning toy company PlayShifu has raised a Series B fundraise of USD 17 million. Inventus Capital India led the round, with Inflexor Ventures joining as a new investor. Chiratae Ventures and Bharat Innovation Fund also participated in this round.
06/04/2021

Swiggy gets USD 800 million funding at USD 5 billion valuation

Online food delivery platform Swiggy has raised USD 800 million from investors led by Falcon Edge, Amansa Capital, Think Investments, Carmignac and Goldman Sachs.Existing investors Prosus Ventures and Accel also participated in this round.
06/04/2021

AntWak raises seed round led by Matrix Partners India

AntWak, the Bengaluru-based experiential learning startup, has raised seed funding led by Matrix Partners India. The round also saw participation from Kunal Shah, Founder CRED, and Vaibhav Domkundwar, Founder Better Capital.
06/04/2021

Legitquest raises INR 5 Crore from Info Edge, Waterbridge ventures

Legal research platform Legitquest, has raised INR 5 crore in a Pre-Series A funding round from domestic internet firm Info Edge and venture capital firm Waterbridge Ventures.
06/04/2021

Oye Rickshaw raises INR 24 Crore from Alteria Capital to expand EV energy infra

Electric vehicle energy solutions firm Oye Rickshaw, has raised INR 24 crore from Alteria Capital to expand smart lithium-ion batteries swapping stations across India.
06/04/2021

Influencer marketing platform Do Your Thng raises USD 150K led by Mumbai Angels

Do Your Thng, a branded content marketplace, has raised fresh funding of USD 150,000 led by Mumbai Angels with participation from Faad Network and Angel Bay.
05/04/2021

Meesho raises USD 300 million from SoftBank Vision Fund as valuation races past USD 2 billion

Facebook-backed social commerce platform, has raised USD 300 million in a new round of funding led by SoftBank Vision Fund 2. This round also saw participation from existing investors Prosus Ventures, Facebook, Shunwei Capital, Venture Highway and Knollwood Investment.
05/04/2021

Healthcare platform Onsurity raises capital from angel investors, including Kunal Shah, Gaurav Munjal, and others

Onsurity, a tech startup that provides healthcare-related services aimed at SMEs, has raised an undisclosed round of funding from a group of angel investors including Kunal Shah, Gaurav Munjal, Jitendra Gupta and others.
05/04/2021

Data analytics startup Circus Social raises USD 1 Million in pre-Series A round led by Inflection Point Ventures

Circus Social, a social media media analytics and big data SaaS startup, has raised USD 1 million in a pre-Series A round led by Inflection Point Ventures and angel investors based in the US, Singapore, and India.
02/04/2021

Neobank StashFin gets USD 40 million in Series B funding round

StashFin, a Singapore-based neobanking startup, has raised USD 40 million in a Series B equity round led by Altara Ventures and Uncorrelated Ventures. Others such as Integrated Capital, Kravis Investment Partners, Saison Capital and Tencent Cloud Europe BV, as well as existing investors Alto Partners, Snow Leopard Ventures and Positive […]
02/04/2021

Brainwired raises funds through bridge-funding from Agility Venture Partners

Livestock focused and agritech startup Brainwired, has raised undisclosed amount of funding in a bridge round led by Agility Venture Partners. Other investors including Dhianu Das and Nandi Mehta and Mumbai Angels also participated in the round.
01/04/2021

OnMobile leads USD 13 million funding in short-video app Chingari

Mobile entertainment solution provider OnMobile is leading a USD 13 million financing in domestic short video app Chingari for a 10% stake. Following this investment, OnMobile will integrate and distribute its direct-to-consumer gaming platform, ONMO, on the Chingari app.
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