Archive News

27/07/2018

US-based investment firm LFI backs SaaS platform TheCapitalNet

US- and India-based SaaS and technology company TheCapitalNet, Inc has raised USD 500,000 in seed funding from Lindwall Family Investments LLC.
27/07/2018

People Group’s Anupam Mittal leads funding round in shared space firm myHQ

Delhi-based co-working space startup my HQ has raised USD 500,000 in a new round of funding from Anupam Mittal, founder of People Group.
26/07/2018

Billionaire Prem Watsa’s Fairfax invests USD 45 million in Digit Insurance parent

Prem Watsa’s Fairfax Holdings has invested USD 45 million in the second round of funding of its portfolio company Digit Infoworks, the parent of Digit Insurance.
26/07/2018

Big data firm Iqlect gets USD 25,00,000 in Bridge Round

Big data analytics platform Iqlect has raised a bridge round of (approx INR 17 crore) from new investor VentureEast and existing investor Exfinity Ventures.
26/07/2018

Vokal, the P2P info-sharing space for Bharat, raises USD 5 million

Vokal has raised a USD 5 million Series A round led by Chinese investor Shunwei Capital, 500 Startups, with participation from existing investors Accel India and Blume Ventures.
26/07/2018

ICICI Bank to pick up stake in ePaylater in latest fintech bet

ICICI Bank is investing around INR 9 crore in Mumbai-based startup ePaylater to buy a minority stake.
26/07/2018

Wipro-backed industrial IoT startup Altizon gets more money

Altizon Systems Pvt Ltd, which operates a platform for developing solutions based on (IIoT), has raised around USD 1 million in a fresh round of funding from The Hive and Arihant Patni.
26/07/2018

Sequoia-backed Awfis gets USD 20 million in equity funding, venture debt

Delhi-based Awfis Space Solutions Pvt Ltd has raised USD 20 million in its Series C round of funding from Sequoia Capital,Rana Kapoor Family office and Innoven Capital.
26/07/2018

Microsoft’s VC fund, others back SaaS firm LoginRadius in Series A round

LoginRadius, which offers a cloud-based software-as-a-service platform has raised USD 17 million (around INR 117 crore ) in a Series A round of funding from Forge Point Capital and tech giant Microsoft’s venture fund M12.
26/07/2018

Hero MotoCorp to refuel Ather Energy with USD19 million

Hero MotoCorp Ltd is investing INR 130 crore (USD 19 million) more in electric scooter startup Ather Energy Pvt Ltd
25/07/2018

Pharmacy startup LifCare raises USD 11 million Series B round from SAIF, Nexus, IL&FS

LifCare has raised USD 11 million in a Series B round of funding from private equity and venture capital firm SAIF Partners, Nexus Ventures and IL&FS.
25/07/2018

Mayfield, others invest in industrial IoT startup Infinite Uptime

Pune-based industrial Internet of Things (IoT) startup Infinite Uptime has raised USD 5 million in a Series A funding round from Mayfield Fund,IL&FS and GSR Ventures.
25/07/2018

Gray Matters Capital invests in skill learning platform Kidovators

Bengaluru-based skill learning platform Kidovators has raised seed investment of USD 180,000 from impact investor Gray Matters Capital’s and M Chandrasekaran.
25/07/2018

Norwest Venture Partners bets on snacks maker Kishlay Foods

Guwahati-based Kishlay Foods Pvt Ltd has raised INR 100 crore (USD 15 million) from venture capital and growth equity investment firm Norwest Venture Partners and Intensive Softshare.
25/07/2018

Fairfax invests USD 45 million in parent of online insurance startup Digit

Go Digit Infoworks Services Pvt Ltd, the parent of online insurance startup Digit Insurance, has raised USD 45 million (around INR 310 crore) from existing investor Fairfax Holdings.
24/07/2018

Singapore’s Healthtech startup acquires mobile app uninstall Tracker, Uninstall,io

Singapore based healthtech company Mobile Health has acquired Bengaluru and Singapore based Songline Analytics startup Uninstall,io for an undisclosed amount.
24/07/2018

Asia-focused FidelisWorld invests in Sequoia-backed outdoor gear brand Wildcraft

FidelisWorld, an Asia-focused private equity fund, has invested an undisclosed amount in Sequoia Capital-backed outdoor gear maker Wildcraft.
24/07/2018

IL&FS Investment Managers backs pharmacy operator

IL&FS Investment Managers Ltd, the private equity arm of Infrastructure Leasing ​& Financial Services Group, has backed Pahrmacy operator.
24/07/2018

AngelList India members invest in media analytics startup VTION

Media analytics startup VTION has raised USD 280,000 through AngelList India, the local arm of US-based investment crowdfunding platform AngelList.
24/07/2018

Metaform Ventures, others infuse fresh capital into Log 9 Materials

Bengaluru-based nanotechnology startup Log 9 Materials Scientific Pvt Ltd has raised INR 3 crore (USD 436,000) in an extended pre-Series A round from a clutch of investors that include Metaform Ventures,GEMS Partners.
24/07/2018

RoundGlass Partners doubles investment in fitness aggregator Gympik

US-based VC firm RoundGlass Partners is doubling down on its investment in Gympik,com, an online marketplace for discovering fitness centres and gyms
23/07/2018

Gaadi.com parent GirnarSoft raises USD 3.6 million from Trifecta

GirnarSoft (also known as Girnar Software), the parent company of automobile portals like CarDekho,com and Gaadi,com, has raised  USD 3,600,000 (INR 25 crore) in debt fund from Trifecta Venture Debt Fund-I
23/07/2018

Energy tech firm Climate Connect seeks to raise USD 5-10 million Series B round

London-based Indian energy start-up Climate Connect is seeking to raise USD 5-10 million in Series B funding within the next six months
23/07/2018

Naspers-owned PayU leads Series B round in online lending platform PaySense

Mumbai-based Paysense Services India Pvt Ltd, which operates an online consumer lending platform, has raised USD 18 million (close to INR 124 crore) in a Series B funding round led by Naspers-owned PayU
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