Archive News


Coursera backer Learn Capital bets on StayQrious in first India deal

Education technology startup StayQrious India has raised USD 2 million in a seed funding round

Venture Catalysts backs competitive exams-focussed ed-tech firm 7Classes

Venture Catalysts, incubator and accelerator platform, has invested an undisclosed amount in 7 Classes,a competitive exams-focussed education-technology platform.

Sales acceleration startup SquadStack raises USD 5 million

San Francisco and Delhi-based sales acceleration startup SquadStack has raised USD 5 million in a Series A funding round led by Chiratae Ventures, with participation from existing investor Blume Ventures.

B2B ecommerce startup ShipsKart raises Pre-Series A round from Betatron

ShipsKart, Delhi-based B2B ecommerce startup, has raised USD 2,25,000 in its Pre-Series A funding round led by VC firm and startup accelerator Betatron.

Agritech startup AgroWave raises USD 500K from US-based investor

Gurugram-based AgroWave has raised around USD 500K in funding from US-based investor Sekhar Puli. AgroWave is working to build sustainable supply chain for fruits and vegetables.

Fitness platform Oga pulls in pre-Series A capital from Joyance Partners

Qvady Technologies Pvt Ltd, which operates fitness-focussed Oga Fit, has raised funding as part of its pre-Series A round funding from the United States-based Joyance Partners.

Sequoia-backed fintech firm Smallcase snags Series B funding

Smallcase Technologies Pvt. Ltd, a capital markets-focussed financial technology startup, has raised USD 14 million in a Series B fundraising round led by asset management group DSP. Existing investors Sequoia Capital India, Blume Ventures, Beenext and WEH Ventures also participated.

Japan’s MonotaRO invests USD 15 Million in JV with

MonotaRO Co Ltd, Japan’s largest MRO B2B ecommerce company, has invested USD 15 million in a joint venture with Emtex Engineering to grow the latter’s SME (small and medium enterprises) ecommerce business in India. MonotaRO will own 51.6 percent stake in the JV, IB monotaRO Pvt Ltd, while the rest […]

Delhi-based MobiGarage raises pre-Series A round from US-based SOSV

Delhi-based MobiGarage, a mobile hardware and service platform, has raised an undisclosed amount of funding in its ongoing pre-Series A round from the US venture capital fund SOSV.

Chiratae leads seed funding in healthcare startup WeInnovate Biosolutions

Venture capital firm Chiratae Ventures has led an undisclosed seed investment in infection prevention and control startup WeInnovate Biosolutions Pvt. Ltd. The startup was part of Chiratae’s DeepTech Innovators program.

Insurance-tech startup i3 Systems raises USD 1.5 Million from Unitus Ventures, others

Mumbai-based insurance-tech startup i3 Systems has raised USD 1.5 million from Unitus Ventures in a pre-Series A round of funding. Reliance Industries CFO Alok Agarwal and Zhooben Bhiwandiwala, President, Mahindra Partners co-invested along with Unitus Ventures.

Unacademy acquires test preparation startup Coursavy

Unacademy has acquired test preparation startup Coursavy for an undisclosed sum, as the SoftBank-backed education technology platform looks to strengthen its position in the Union Public Service Commission (UPSC) examinations category.
25/09/2020 raises USD 1.5 Million seed round led by Lightspeed Ventures, the Bengaluru-based AI-led synthetic media production startup, has raised USD 1.5 million in seed funding led by Lightspeed Ventures and AV8 Ventures.

Twitter-backed ShareChat nets USD 40 million to boost short video platform Moj

Mohalla Tech Pvt. Ltd, which operates social networking and content platform ShareChat, has raised USD 40 million in a pre-Series E funding round from a clutch of investors. Hero MotoCorp Ltd chairman Pawan Munjal and DCM Shriram chairman Ajay Shridhar Shriram, who invested through the family office of the company’s […]

EduGorilla raises more capital to take the guesswork out of test prep for govt jobs

Lucknow-based EduGorilla Community, which operates an eponymous online test preparation platform for government jobs, has raised INR 5.3 crore as part of an extended seed round from early stage investment firm Auxano Trust. Investors from angel networks SucSEED Venture Partners, TiE Pune Angels and Venture Garage participated in this round.

Hopscotch raises USD 25 million from EE Capital, others

Hopscotch, a fast-fashion kids’ clothing brand, has raised USD 25 million from Facebook co-founder Eduardo Saverin’s investment arm EE Capital, Lionrock Capital, Rise Capital, RPG Ventures and IIFL Seed Ventures Fund, at a time of rising investor in new-age consumer brands. Angel investors including Wei Yan, the cofounder of, […]

Servify raises USD 23 million financing led by Iron Pillar

Device lifecycle management platform Servify has raised USD 23 million in Series C funding, led by existing investor Iron Pillar, along with participation from Blume Ventures, Beenext, Tetrao SPF and Trifecta Capital. New investors in the round include asset management firm 57 Stars, DMI Finance’s investment arm Sparkle Fund, Silicon […]

Bharti Airtel picks up stake in cloud telephony-focussed AI platform Waybeo

Telecommunications major Bharti Airtel Ltd has acquired a 10% stake in Waybeo Technology Solutions Pvt. Ltd, making the Thiruvananthapuram company its latest bet via its Airtel Startup Accelerator Program.
23/09/2020 raises INR 5 crore led by Venture Catalysts, a platform that connects influencers to brands, has raised INR 5 crore from investors led by Venture Catalysts along with a clutch of angels including Samrath Bedi, managing director of Forest Essentials; Sandeep Aggarwal, founder, and others.

Melorra raises USD 12.5 Million from Symphony Asia, Lightbox Ventures, Alteria Capital, others

Melorra, a Bengaluru-based jewellery startup, has raised USD 12.5 million in funding from Symphony Asia, Lightbox Ventures and Alteria Capital. Others who participated in the round included existing and new family offices of Burman, Jeejeebhoy and others.

BYJU’S raises funds from BlackRock, Sands Capital, others

Edtech major BYJU’S had raised an undisclosed funding from BlackRock, Sands Capital, and Alkeon Capital. Existing investors General Atlantic, Owl Ventures, and Tiger Global also participated in this round.

Healthcare Startup BestDoc Raises USD 2.1 Million From Accel Partners, Arkam Ventures

BestDoc, a Kerala based healthtech SaaS startup, has raised USD 2.1 Million in a Pre-Series A round from Accel Partners and Arkam Ventures. Bengaluru-based SEA Fund, an existing investor also participated in this round.

Mumbai-based startup Onsitego raises USD 10 Million from IFC

After-sales services startup Onsitego has raised an additional USD 10 million in its Series B round from IFC. The first part of the round was led by Zodius, with participation from existing investor Accel Partners, in February this year. Onsitego raised a total of USD 30 million in the Series […]

Times Internet-backed Classplus secures INR 75 crore in fresh funding

Education-technology platform Classplus has raised a little over INR 75 crore as part of a new funding round from investors including Alpha Wave Incubation and existing backers RTP Global and Blume Ventures.