Archive News

18/02/2021

Avataar Capital closes USD 100 million opportunities fund to double down on B2B, SaaS bets

Avataar Capital Management has announced the final close of its USD 100 million Opportunities Fund for top-up investments in select portfolio companies as well as new investments. The fund will continue to invest in tech-enabled business-to-business marketplaces and SaaS companies in the growth stage.
18/02/2021

Logistics firm eBikeGo raises pre-Series A funding

eBikeGo, an electric vehicle-based last-mile logistics firm, has raised USD 1.5 million in a pre-Series A funding from a clutch of new and existing domestic and foreign individuals.
18/02/2021

Venture Highway leads funding in tech-backed kirana chain Express Stores

Express Stores, a technology-backed omni-channel branded kirana store chain, has raised INR 8 crore in a seed funding led by early-stage investor Venture Highway. Other participants in this round include Snapdeal founders Kunal Bahl, Rohit Bansal and others.
18/02/2021

Cross border neobank Zolve secures USD 15 million in seed round led by Accel, Lightspeed

Zolve Innovations, which operates a neobank that aims to ease access to financial services for users travelling from India to the US or vice versa, has secured USD 15 million in a seed round led by Accel and Lightspeed. The round also saw participation from Blume Ventures and others.
18/02/2021

Elevation Capital, Accel lead new funding round in Zomentum

Pactora, which runs information technology sales acceleration platform Zomentum, has raised USD 13 million in a Series A funding led by Elevation Capital, Accel and Greenoaks Capital, with participation from Eight Roads Ventures.
17/02/2021

Tatas sign on the dotted line to acquire majority stake in BigBasket

The Tata Group has acquired a majority stake in BigBasket
17/02/2021

Unacademy Acquires TapChief To Focus On Higher Education

Unacademy has acquired a majority stake in TapChief
17/02/2021

Zomentum Raises USD 13 Million In Series A Round

Sales tech platform Zomentum has raised USD 13 Million in Series A funding from Accel, Elevation Capital, Eight Road Ventures, and Greenoaks Capital
17/02/2021

Chiratae takes another crack at health-tech with Series A deal for fertility platform

Chiratae has invested in Delhi-based Crysta that is owned by Redcliffe Life Sciences
17/02/2021

YourNest leads seed round in heavy industries-focused UptimeAI

UptimeAI has raised INR 11 crore in a seed funding round.
17/02/2021

An education-technology startup Wizklub raises funding

WizKlub has raised INR 6 crore in a pre-Series A funding round
17/02/2021

Cybersecurity startup 1Kosmos raises funding

New Jersey headquartered cybersecurity startup 1Kosmos has raised INR 110 crore in a Series A round of funding
16/02/2021

TechStars backed Redwing Labs raises seed round led by ITI Growth Fund

Redwing Labs has raised USD 1 million round led by ITI Growth Opportunities Fund
16/02/2021

Kuwait firms lead Series B round in Eupheus Learning

Delhi based Eupheus Learning has raised around USD 4 million in a Series B round led by Kuwait-based United Education Company
16/02/2021

Wipro Consumer Care bets on healthcare brand Onelife Nutriscience

Wipro Consumer Care has invested an undisclosed amount in healthcare brand Onelife Nutriscience
16/02/2021

Pencil raise pre-Series A funding

Pencil that is a publishing platform focussed on turning books into dynamic content through analytics and editing has raised USD 1 million in a pre-Series A funding round.
15/02/2021

KreditBee Raises USD 75 Million Led By PremjiInvest, South Korea’s Mirae

Lending tech platform KreditBee has secured an investment of USD 75 Mn in a Series C funding round led by Azim Premji’s PremjiInvest and South Korea’s Mirae Asset Venture, a deal which sees Chinese investors exit the platform’s parent company Finnov. US-based Alpine Capital and Arkam Ventures also participated in […]
15/02/2021

Pravega Ventures leads funding in ePayLater

ePayLater, a fintech startup, has raised INR 18 crore in a funding round led by Pravega Ventures and joined by others.
15/02/2021

SaaS startup Hiver secures USD 4 million in debt funding

Software-as-a-Service (SaaS) startup Hiver, has raised USD 4 million in debt funding from Mars Growth Capital, a Singapore-based joint debt fund launched by MUFG Bank.
12/02/2021

Fintech platform BharatPe raises USD 108 Million in series D round

Fintech startup for merchants, BharatPe, has raised USD 108 million in Series D equity round, at a valuation of $900 million. The round was led by the company’s existing investor Coatue Management. Existing institutional investors Ribbit Capital, Insight Partners, Steadview Capital, Beenext, Amplo and Sequoia Capital also participated in the […]
12/02/2021

Children’s nutrition brand Zingavita raises INR 3 Crore from Anicut Angel Fund

Adthera Consumer Brands, which owns and operates Zingavita, a children’s nutrition brand which is into the business of food supplement for kids, has raised INR 3 crore in an angel funding led by Anicut Angel Fund.
12/02/2021

Filo Raises USD 260K in Pre-Seed Round from Better Capital

Instant tutor app Filo, has raised USD 260,000 as part of its pre-seed investment round from Better Capital based on organic adoption by thousands of students purely driven by word of mouth.
12/02/2021

Fintech startup EduFund raises INR 2.5 Crore pre-Seed round led by View Trade Holding

Fintech platform helping with higher education planning, EduFund, has raised INR 2.5 crore as part of a pre-seed investment round led by View Trade Holding Corp.
12/02/2021

Furniture retailer Pepperfry raises INR 35 crore in debt fund from InnoVen Capital

Venture debt and speciality lending firm InnoVen Capital on Friday said that it has invested INR 35 crore in a debt funding round in Pepperfry.
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