Archive News

03/11/2021

Crypto exchange Coinbase to acquire Agara, its first buyout in India

US-based Coinbase Global will acquire Bengaluru-based artificial intelligence (AI)-powered support platform Agara, which is backed by Blume Ventures, RTP Global. Coinbase plans to leverage Agara’s Deep Learning and Conversational AI technology to automate and enhance its customer experience (CX) tools
03/11/2021

Globalbees makes 2 more buyouts in jewellery segment

GlobalBees Brands that aggregates and invests in e-commerce brands added two more new-age brands to their portfolio, Yellow Chimes which is a leading fashion jewellery brand and Absorbia which is an innovative home care brand
03/11/2021

Faasos parent Rebel Foods picks up minority stake in Hyderabad momo brand Zomoz

Recently-turned unicorn Rebel Foods which owns brands like Faasos and Behrouz Biryani has picked up a minority stake for an undisclosed amount in Zomoz, a Hyderabad-based quick-service restaurant chain in pre-Series A funding round
03/11/2021

Cloud kitchen startup TTSF Cloud One raises USD 5.3 Million led by Brand Capital

TTSF Cloud One, an internet-first multi-brand cloud kitchen has raised USD 5.3 million in a seed funding round led by Brand Capital, the investment arm of Bennett Coleman
02/11/2021

Spacetech startup SatSure gets funding from Baring PE, others

SatSure, a space technology company that utilises satellite data to extract actionable insights for the banking and insurance sectors, has raised an undisclosed amount of funding led by Baring Private Equity India.
02/11/2021

Video shopping platform Kiko Live closes pre-Series A round of USD 1 Million

Video-based social commerce startup Kiko Live has raised USD 1 million pre-Series A funding led by SOSV. The round saw participation from GSF Accelerator, Venture Catalysts, and a few HNIs. Kiko Live is a video shopping and selling platform that enables local sellers to open an online store in under […]
02/11/2021

SaaS-based TurboHire raises funds from Samir Khosla, Francisco Arcilla, others

Hyderabad-based AI-based recruitment platform TurboHire, has raised an undisclosed amount from renowned international investors Francisco Arcilla and Samir Khosla as well as existing investors Sanjay Balram and Monish Darda, Co-founder and CTO of B2B unicorn Icertis.
02/11/2021

The Hosteller raises USD 1 million in pre-Series A funding round

Backpacker hostel chain The Hosteller, has raised USD 1 million in a fresh funding round led by FAO Ventures & CA Holding LLP. The round also saw the participation of other investors such as SUNiCON Ventures, Shubhkam Ventures, Jito Angel network, and FAAD Network.
02/11/2021

Hiring platform Multiplier raises Series A funding led by Sequoia

Multiplier Brand Solutions Pvt Ltd, a professional employment organisation (PEO) platform that simplifies international hiring, has raised USD 13.2 million as part of its Series A funding round led by Sequoia Capital India. The funding round also saw participation from Deepinder Goyal, co-founder of Zomato and Amrish Rau, CEO at […]
01/11/2021

Neo-bank Fi valued at USD 315 million after USD 50 million funding led by B Capital

Neo-bank Fi, which offers digital bank accounts and financial guidance to working professionals, has raised USD 50 million in new funding round at a valuation of USD 315 million led by Facebook co-founder Eduardo Saverin’s B Capital, with participation from Falcon Edge Capital.
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
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