Archive News

20/01/2021

Venture Catalysts leads pre-Series A round in SME-focused CreditEnable

CreditEnable Ltd, an artificial intelligence-based SME credit marketplace, has raised USD 2 million in a pre-Series A funding round led by incubator and accelerator Venture Catalysts and its UK arm called JPIN Venture Catalysts Ltd.
19/01/2021

DeHaat raises USD 30 Million Series C investment led by Prosus Ventures, RTP Global

Patna and Gurugram-based agritech platform DeHaat, has raised USD 30 million in Series C funding led by Prosus Ventures. The round also saw participation from existing investors Sequoia Capital India, FMO, Omnivore, and AgFunder.
19/01/2021

HRtech platform Darwinbox raises USD 15 Million strategic investment from Salesforce Ventures

Darwinbox, an enterprise HRtech platform, has raised USD 15 million funding round led by Salesforce Ventures.
19/01/2021

Noida-based EV startup Lohum raises USD 7 Million from Baring Private Equity Partners

Noida-based Lithium-ion battery pack manufacturer Lohum Cleantech Pvt Ltd, has raised USD 7 million in a round led by the investment firm, Baring Private Equity Partners India. Other investors who participated in the round include Talbros Automotive Components Ltd and a few others.
19/01/2021

Healthtech startup MFine raises USD 16 Million led by Heritas Capital

Healthtech startup MFine, has raised USD 16 million in funding led by Heritas Capital. The round also saw participation from Singapore-based family office Y’S Investment Pte Ltd. Existing investors SBI Investment, SBI Ven Capital, BEENEXT, and Alteria Capital have also followed-on in the round.
19/01/2021

Alpha Wave, Naukri parent’s fund lead funding in learning platform Udayy

Skorion Technologies Pvt Ltd, which operates learning platform Udayy, has raised USD 2.5 million in seed funding led by Falcon Edge Capital-managed Alpha Wave Incubation and Info Edge Ventures. Other participants in this round include Better Capital, Cred and Freecharge founder Kunal Shah, and other angel investors.
18/01/2021

BharatPe Bags USD 12 Million From Alteria, Looks To Raise USD 700 Million Debt By 2022

Delhi-based merchant focused payments platform BharatPe has raised USD 12 Million in venture debt from Alteria Capital, with the intention to raise USD 34 Million of debt in this round. The company intends to raise USD 700 Million of debt capital over the next two years to help small merchants […]
18/01/2021

TaaS startup KIWI raises USD 2,50,000 in seed round from PointOne Capital, Core91 VC, others

KIWI, Delhi-based global TaaS platform, has raised USD 2,50,000 in seed funding from PointOne Capital, Core91 VC, AppyHigh, and other angel investors.
18/01/2021

Tiger Global rolls out new global fund

New York-based Tiger Global Management is raising its thirteenth global private investment vehicle of corpus USD 3.75 billion, which is the same size as the previous fund that closed a year ago. Tiger Global was one of the most active venture investors having made 17 deals in 2020.
18/01/2021

Endiya, Kalaari invest seed capital in SaaS app manager Zluri

Zluri, a startup that helps mid-sized companies manage their software-as-a-service applications, has raised USD 2 million in a seed funding from Endiya Partners and Kalaari Capital.
15/01/2021

Lucknow mediatech startup Knocksense raises USD 200K in angel round

Knocksense, a Lucknow-based local news and recommendations platform, has raised USD 200,000 in an angel round of funding.
15/01/2021

AI-powered advisory firm Wright Research raises pre-seed funds from BRTSIF

Mumbai-based AI-powered investment advisor Wright Research, has raised undisclosed pre-seed funds from BSE Institute Limited Ryerson Technology Startup Incubation Foundation (BRTSIF), under the Government of India NIDHI Seed Support System. Innovation Partners Capital of Singapore also participated in this round.
15/01/2021

Social audio startup Bolkar raises undisclosed amount from GSF Investors and Axilor Ventures

Bolkar, a crowd sourced knowledge sharing and social audio platform for Bharat users, has raised an undisclosed amount from two of India’s leading early-stage venture firms GSF Accelerator and Axilor Ventures.
14/01/2021

Unacademy concludes USD 50 million secondary share sale

Unacademy has concluded a secondary transaction round that saw Tiger Global, Dragoneer Investment Group, Steadview Capital and General Atlantic purchase USD 50 million-worth of shares from existing investors to increase their stake in the edtech startup.
14/01/2021

Agritech startup Ergos raises INR 22.5 crore in funding from CDC Group

Agritech startup Ergos, has received INR 22.5 crore from United Kingdom’s CDC Group to close its INR 81 crore Series A funding round.
14/01/2021

Vehicle repair startup ReadyAssist raises USD 1 Million in seed round

ReadyAssist, an on-demand vehicle repair and service startup, has raised a seed round of USD 1 million from a group of angel investors in two tranches.
14/01/2021

Bus Tracking App Chalo Raises USD 7 Million To Expand Network To New Cities

Transport tech startup Chalo has raised USD 7 million funding from existing investors Raine Ventures, WhatsApp’s former chief business officer Neeraj Arora, and former SVP and head of Google Search Amit Singhal. The family offices of Dabur’s Saket Burman and Tarun Sawhney of Triveni Group also participated in the round.
14/01/2021

Sequoia-backed CoinSwitch Kuber raises USD 15 million Series A capital

Bengaluru-based Bitcipher Labs, which operates cryptocurrency investment platform CoinSwitch Kuber, has raised USD 15 million in a Series A funding round. Ribbit Capital and Paradigm led the round, marking their first investment in an Indian cryptocurrency startup. Returning investor Sequoia Capital India and angel investors also participated in the round.
14/01/2021

Mfine to raise INR 246 crore from existing backers

On-demand healthcare services startup Mfine is raising INR 246.04 crore from existing shareholders in the ratio of their holdings. The company counts SBI Ven Capital, Beenext, Stellaris Venture Partners, Prime Venture Partners and others as its existing investors.
13/01/2021

Actor Anita Hassanandani invests in organic beauty marketplace Vanity Wagon

Organic beauty marketplace Vanity Wagon has raised INR 1.5 crore in a seed round led by Agility Venture Partners, Alfa Ventures founder Dhianu Das, actor Anita Hassanandani and angel investor Sanjay Nagi.
13/01/2021

VComply raises USD 6 million in Series A funding from Accel, Counterpart Ventures

VComply has raised USD 6 million in Series A funding from Accel and Counterpart Ventures, as the governance, risk and compliance management platform looks to grow in the United States and expand into new markets in Europe.
13/01/2021

Karkhana.io raises USD 1.5 million in seed round

Karkhana.io, a B2B on-demand manufacturing platform, has raised a seed round of USD 1.5 million led by Vertex Ventures Southeast Asia & India. It also saw participation from several angel investors.
13/01/2021

Edtech startup PurpleTutor raises about USD 300K in seed round from IvyCap Ventures and others

Edtech startup PurpleTutor, has raised about USD 300,000 in seed round from IvyCap Ventures and others.
13/01/2021

InnoVen invests in Tiger Global-backed Infra.Market

InnoVen Capital a venture debt firm, has invested INR 50 crore in Infra.Market, a business-to-business materials marketplace backed by investors including Tiger Global Management.
Top