Archive News


VC-backed Veeba Food raises fresh funding as valuation jumps

Specialty food ingredients maker Veeba Food Services Pvt Ltd has raised fresh capital from one of its existing investors

Ayushmann Khurrana invests in Helios Lifestyle

Actor Ayushmann Khurrana has invested an undisclosed amount in Helios Lifestyle, the parent entity of The Man Company, a men’s grooming brand

Whole foods and dairy startup NutriMoo raises USD 1 million funding

Credence Whole Foods Pvt Ltd, a dairy and whole foods startup that operates under the NutriMoo brand, has raised over USD 1 million in a strategic investment from IndoCan Honey Pvt Ltd, a business entity that focusses on premium quality honey

Clean-tech startup Log 9 Materials raises Series A funding from Sequoia Surge, Exfinity

Bengaluru-based nanotechnology startup Log 9 Materials Scientific Pvt Ltd has around raised INR 31 crore in it Series A funding round from Sequoia India’s scale up program Surge and Exfinity Venture Partners

Angel investors spray cash on Super Smelly to expand its personal care portfolio

Natturel and Kool Pvt Ltd, a startup that operates personal care company Super Smelly, has raised an undisclosed amount of money in its angel funding round

Wipro’s USD 28 Million Venture Fund To Invest In 10 Startups

Wipro Enterprises’ FMCG brand, Wipro Consumer Care and Lighting has allocated USD 28 Million to its venture fund — Wipro Consumer Care-Ventures and the fund will invest in 10 startups in the personal and homecare space

Sequoia’s Surge-Backed Video Ecommerce Startup Is Raising INR 105 Crore Funding Round

One of the graduates of Sequoia’s early-stage accelerator programme Surge, live commerce startup BulBul is raising an INR 105 Crore funding round

ClearTax Acquires Audio Streaming Platform Dose FM

Y Combinator-backed fintech startup ClearTax has announced the acquisition of Mumbai-based audio streaming platform Dose FM for an undisclosed amount

Venture Catalysts writes seed cheque to med-tech startup Remedico

Blackburn Technologies Pvt Ltd which operates online dermatology solutions provider Remedico, has raised USD 500,000 in a seed funding round from a clutch of investors including Venture Catalysts, a Mumbai-based startup incubation platform.

LegalKart raises seed funding from BookMyShow CFO, other tech execs

Black Coat Technologies Pvt Ltd which operates legal technology startup LegalKart has raised USD 492,000 in a seed funding round from a clutch of angel investors.

White Owl Brewery lands INR 40 crore in second round

White Owl Brewery that sells the eponymous beer brand has raised INR 40 crore in its second round of funding led by existing investors IIFL India Private Equity Fund as it expands geographic footprint to cash in on the rising popularity of craft beer

Cars24 Eyes Rapid Expansion With USD 100 Million Series D Funding

Gurugram-based online used car marketplace Cars24 has raised USD 100 Million in Series D equity funding round and the investment has come in from a batch of new and existing investors

Tencent, Tiger Global back security management startup MyGate

MyGate a security management app for gated premises, said on Thursday it has raised USD 56 million in a Series B funding round

IoT-based water management solutions startup WEGoT raises seed funding

WEGoT Utility Solutions, which operates internet-of-things (IoT)-based water management solutions startup, has raised USD 2 million in a seed funding round

Astarc Ventures leads funding in ed-tech startup SOAL

Early-stage venture capital firm Astarc Ventures has led a funding round of USD 300,000 in Mumbai-based ed-tech firm School of Accelerated Learning (SOAL)

Tiger Global, Sequoia India Lead USD 8 Mn Series A In UrbanPiper

Bengaluru based software-as-a-service platform UrbanPiper has raised approx USD 8 Million in a Series A funding round

Nazara Puts INR 835 million in Paper Boat Apps

Gaming firm Nazara Technologies has invested INR 835 million in Mumbai-based Paper Boat Apps which is an independent studio

SoftBank backed True Balance raises Series C funding from Korean investors

Gurugram-based Balancehero India Pvt Ltd which operates mobile balance-checking app True Balance has raised USD 23 million in a Series C funding round from a clutch of investors

CleverTap raises Series C funding from Tiger Global,Sequoia Capital etc

WizRocket Technologies Pvt Ltd which operates mobile app analytics startup CleverTap has raised USD 35 million in a Series C funding round led by existing investors Tiger Global Management and Sequoia Capital.

Ratan Tata to invest in Tork Motors

Electric vehicle startup Tork Motors on Monday said Ratan Tata has decided to invest an undisclosed amount in the company and previously the Pune-based company has raised funds from Bharat Forge and Bhavish Aggarwal (Founder of Ola cabs)

Doodhwala comes via FreshToHome

Doodhwala has halted operations and is redirecting customers to FreshToHome, in a sign of increasing consolidation among companies providing subscription based grocery and milk delivery

True Balance Raises USD 23 Million In Series C Funding For Expansion And Growth

Gurugram and Korea-based mobile balance management service startup True Balance has raised USD 23 Million in a Series C funding round.The investments reportedly came in from Korean investors which include NH Investment & Securities, IMM Investment, HB Investment, IBK Capital, D3 Jubilee Partners, SB Partners and Shinhan Capital

Go-Ventures leads Series A funding in social commerce platform Mall91

Mall91, a social commerce platform for vernacular users, has raised around INR 68 crore in its Series A round of funding led by Go-Ventures

Chinese banks eye early-stage deal in Indian startups

While some of China’s investment banking behemoths have already established deep connects with India’s startup ecosystem, a clutch of newer and smaller technology-focused merchant banks are now targeting the latter’s early-stage ventures and the early-stage ventures that are working with Chinese investment banks, or have held multiple discussions with them, […]