Archive News

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.
04/03/2021

Online reseller Cashify raises USD 15 million in a Series D funding round

Gurugram-based startup Cashify, which deals in used mobile phones, has raised USD 15 million in a Series D funding from private equity Olympus Capital’s clean energy and sustainability arm, Asia Environmental Partners.
04/03/2021

Sales engagement platform Outplay raises USD 2 Million from Sequoia’s Surge

Outplay, a one-stop sales engagement platform (SEP) that helps sales teams plan, has raised USD 2 million in funding from Sequoia Capital India’s Surge.
03/03/2021

ixamBee raises undisclosed amount from Mumbai Angels and Keyur Joshi

ixamBee, a learning platform focused on government jobs, has raised an undisclosed amount in funding led by Mumbai Angels. The startup also received capital from MakeMyTrip co-founder Keyur Joshi.
03/03/2021

All-Star Games raises USD1.5 Million in pre-Series A round led by Lumikai

Gaming-focused venture fund Lumikai, has invested USD 1.5 million, along with Play Ventures, in a pre-Series A round in the Indian midcore sports studio All-Star Games.
03/03/2021

Aerial mobility startup The ePlane Company raises USD 1 Million from Naval Ravikant, Speciale Invest

IIT Madras-incubated startup Ubifly Technologies Private Limited, better known as The ePlane Company, has raised USD 1 million as part of its seed funding round. The round was led by Naval Ravikant, Co-founder, Chairman of AngelList, and deep-tech VC firm Speciale Invest. It also saw participation from Java Capital, FirstCheque.vc, […]
03/03/2021

Convenience store retail chain AMPM raises INR 1.6 Crore through Agility Venture Partners

Haryana-based convenience store startup AMPM, has raised INR 1.6 crore in funding through Agility Venture Partners, an angel investor platform.
03/03/2021

Esports platform IGL raises USD 500K from Hungama and Hindustan Talkies

Digital entertainment company Hungama, along with Hindustan Talkies, a movie and digital content production house, has made a strategic investment of up to USD 500,000 in Indian Gaming League (IGL), a platform for competitive gaming that allows users to win exciting rewards in esports competitions.
03/03/2021

Cleantech startup Clairco raises INR 4.2 Crore led by Anicut Angel Fund

Clairco, a Bengaluru-based cleantech startup, has raised INR 4.2 crore in angel funding. The round was led by Sanjiv Bajaj at Anicut Angel Fund. Investors like Max Group and Angel List also participated in the round.
03/03/2021

Drone maker ideaForge raises USD 2 million from BlackSoil

Mumbai headquartered drone startup ideaForge Technology, has raised USD 2 million from venture debt and banking financial company (NBFC) BlackSoil.
02/03/2021

Blue-Collar Recruitment Startup Apna Bags USD 12.5 Million From Sequoia, Greenoaks

Recruitment startup for grey and blue-collar workers Apna, has raised USD 12.5 Million in a funding round led by Sequoia Capital India and Greenoaks Capital. Existing investors Lightspeed India and Rocketship.vc also participated in the round.
02/03/2021

Venture Catalysts leads funding in edtech firm ImaginXP

Future Skill Degree and Certification Programs startup ImaginXP, has raised USD 1.5 million in a funding led by startup incubator and accelerator Venture Catalysts. Other participants include Samyakth Capital, Krish Kupathil, and Shashank Deshpande.
01/03/2021

Singapore startup Raena raises USD 9 Million in Series A round led by Alpha Wave Incubation, Alpha JWC Ventures

Singapore-based startup Raena that enables micro beauty entrepreneurs, has raised USD 9 million Series A funding led by Alpha Wave Incubation and Alpha JWC Ventures, and also saw participation from AC Ventures and existing investors Beenos, Strive, and Beenext.
26/02/2021

Blueshift raises USD 30 Million in Series C round led by Fort Ross Ventures, Avatar Growth Capital

Blueshift, an AI-powered customer data platform (CDP), has raised USD 30 million in funding, led by Fort Ross Ventures, along with Avatar Growth Capital. Existing investors including Softbank Ventures Asia, Storm Ventures, Conductive Ventures and Nexus Venture Partners also participated in the round.
26/02/2021

Podcast platform Hubhopper raises undisclosed amount from Hindustan Times Media Ventures

Delhi-based podcast hosting, creation and distribution company Hubhopper, has raised an undisclosed amount from Hindustan Times Media Ventures.
26/02/2021

IIM Ahmedabad incubator CIIE.CO invests in healthtech startup Comofi Medtech

Bengaluru-based healthcare robotics startup Comofi Medtech, has raised a total of INR 2.15 crore from IIM Ahmedabad’s incubator, CIIE.CO, JITO Angel Network and KIIT Technology Business Incubator.
26/02/2021

Battery Smart raises seed round led by Orios Venture Partners

Delhi-based Battery Smart, which is building a network of EV-battery swapping stations for three-wheeled e-rickshaws, has raised its seed round of an undisclosed amount led by Orios Venture Partners. Angel investment platform Faad Network also participated in the funding round.
26/02/2021

Hindustan Media Ventures leads seed round in virtual workspace provider Wurkr

Wurkr, which provides virtual workspaces, has raised around INR 10.2 crore in a seed round led by Hindustan Media Ventures Ltd.
26/02/2021

Edtech Startup Doubtnut Bags USD 31 Million, SIG Investments Leads The Round

Doubtnut, the K12 edtech platform for “vernacular first” students, has raised USD 31 Million funding led by Hong Kong-based venture capital firm SIG Investments and James Murdoch’s Lupa Systems. Existing investors Sequoia Capital India, Omidyar Network India and Waterbridge Ventures also participated in this round.
26/02/2021

Infra.Market ascends to unicorn status after USD 100 million round led by Tiger Global

Infra.Market, a marketplace for construction materials, has hit unicorn status after raising USD 100 million in a Series C round led by existing investor Tiger Global. Existing investors such as Accel, Nexus Venture Partners, Evolvence India Fund, Sistema Asia Fund, and Foundamental Gmbh joined the round.
25/02/2021

Pravin Jadhav’s Raise Financial gets seed funding from Mirae, others

Raise Financial, a fintech startup founded by former Paytm Money CEO Pravin Jadhav, has raised its seed funding round led by Mirae Asset’s early-stage fund with participation from US-based Social Leverage, Blume Ventures Founders’ Fund and Multi-Act Equity.
25/02/2021

Big Data Startup Innovaccer Raises USD 105 Million At USD 1.3 Billion Valuation

San Francisco-based big data healthcare startup Innovaccer, has raised USD 105 million Series D that values the company at USD 1.3 billion, led by Tiger Global Management. Existing investors Steadview Capital, Dragoneer, B Capital Group, Mubadala Capital, and M12 participated in the round, as well as new investor OMERS Growth […]
25/02/2021

Hubilo raises USD 23.5 million to power virtual events with real-time data and analytics

Hubilo, a platform that helps businesses of all sizes host virtual and hybrid events and gain access to real-time data and analytics, has raised USD 23.5 million in a series A round led by Lightspeed Venture Partners. The round saw participation from Balderton Capital and other angel investors.
25/02/2021

Digital workplace platform Saltmine raises USD 20 Million from JLL Spark, Jungle Ventures, others

Saltmine, an end-to-end digital workplace platform, has raised US 20 million in a funding round that saw participation from JLL Spark, the strategic investment arm of commercial real estate services firm JLL. Existing investors, Singapore-based Jungle Ventures and Xplorer Capital also participated in the Series A round.
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