Archive News


Nykaa Bags INR 100 Crore From Steadview Capital With Operations On Pause

Mumbai-based fashion and beauty ecommerce platform Nykaa, has raised INR 100 Crore from its existing investor Steadview Capital.

Healthcare startup Zealthy raises seed funding from KYT Ventures, others

Zuddy Healthtech, which operates women’s healthcare platform Zealthy, has raised an undisclosed sum of money as seed funding from a clutch of investors.

Unacademy Acquires Kreatryx To Strengthen GATE, ESE Category

Bengaluru-based edtech startup Unacademy has acquired Delhi-based edtech startup Kreatryx in a cash and stock deal and the acquisition would allow Unacademy to get an edge over the competition in the GATE and ESE segment in the test prep market.

Venture Catalysts invests in insure-tech startup Insurance Samadhan

Fastsurance Consultants, which operates insurance grievance-redressal platform Insurance Samadhan, has raised capital as part of its seed funding round from startup incubator and accelerator Venture Catalysts.

Lido Learning snags funding from Rocket Internet founder’s VC firm, Paytm exec

Online tutorial platform Lido Learning has secured USD 3 million from new and existing investors, less than six months after it raised its Series A round.

Unicorn India Announces First Close Of Fund II At INR 90 Crore

Mumbai-based venture fund Unicorn India Ventures has announced the first close of its INR 400 Crore Fund II with a corpus of INR 90 Crore and the fund will be used to invest in early-stage startups, in Pre-Series A and Series A rounds, across several sectors — SaaS, fintech, healthtech, […]

SME-focussed fintech Rupifi raises pre-seed funding from BharatPe, Cred founders

Rupifi Technologies, which operates a software-as-a-service (SaaS) firm focussed on financial products for small and medium enterprises in India and Southeast Asia, has raised capital as part of its pre-seed funding round.

QTalk Raises around 12 crore From Accel, Lightspeed To Enrich Phone Calls

Bengaluru-based QTalk has raised around 12 crore in seed funding from venture capital firms Accel India and Lightspeed Venture Partners.

Healthy snacks maker SnackAmor secures angel funding

Healthy snacks maker SnackAmor has raised its angel round of funding from a clutch of local and foreign high net-worth individuals.

Waste management startup Blue Planet raises USD 25 Million from Nomura

Blue Planet Environmental Solutions announced that it has raised USD 25 million from Nomura, an Asian global investment bank headquartered in Japan.

Shadez raises over USD 100K in seed round from Inflection Point Ventures

Inflection Point Ventures (IPV) has made a seed investment in the Mumbai-based interiors startup Shadez.

BigBasket acquires micro-delivery firm, DailyNinja

BigBasket has acquired micro-delivery startup DailyNinja to consolidate its subscription delivery business and the deal values Bengaluru-based DailyNinja at around INR 48 crore in stock.

Omidyar to invest in projects, startups to tackle coronavirus

Omidyar Network India Advisors, the domestic arm of the US-based impact investment firm, has committed USD 1 million to fund proposals aimed at tackling the coronavirus pandemic.

Naukri parent Info Edge to pump more money into health-tech platform MedCords

Info Edge (India) Ltd, the parent of jobs portal Naukri, has agreed to invest more funding worth INR 7 crore in medical healthcare records platform MedCords Healthcare Solutions.

Cryptocurrency exchange CoinDCX raises Series A funding

Neblio Technologies, which operates cryptocurrency exchange CoinDCX, has raised USD 3 million in its Series A funding from Polychain Capital, a blockchain and cryptocurrency investor.

B2B e-commerce platform Excess2Sell pulls in angel funding

Checkers India Technology, which operates business-to-business platform Excess2Sell, has raised USD 1 million in its angel funding from Gautham Madhavan, an angel investor and a director at growth-stage private equity firm Florintree Advisors.

Curefit Bags USD 110 Million From Temasek, Accel Partners and Others

Fitness startup Curefit is raising USD 110 Million in a Series D2 funding round led by Singapore-based investment firm Temasek.

MobiKwik Is Raising INR 223 Crore To Fuel Growth Plans

Gurugram-headquartered digital payments company MobiKwik is now raising INR 223 Crore fresh round of funding, from multiple investors in debt and equity deal.

Naukri parent Info Edge infuses more funds into education startup Univariety

Info Edge (India) Ltd, the parent of jobs portal Naukri, has agreed to invest another INR 8 crore in an education services startup Univariety in cash.

Rainmatter Capital leads seed funding round in online fitness firm ImStrong Health

ImStrong Health & Wellness, which operates a fitness-focused live-streaming platform, has raised INR 3 crore in a seed funding round.

Veritas Finance raises Series E funding from Kedaara Capital, others

Veritas Finance, has raised INR 350 crore in its Series E round of funding led by existing investor Norwest Venture Partners and private equity firm Kedaara Capital came in as the new investor in the round.

Peel-Works Bags around INR 32 Crore In Series C, D To Digitise Grocery Stores

Mumbai-based SaaS platform Peel-Works has raised around INR 32 Crore in multiple tranches from July 2019 to March 2020. The money was raised by issuing debentures, equity and Series C and Series D preference shares.

Ideaspring Capital invests in cloud data protection startup Nimesa

Nimesa Technology, which operates a cloud-focused data protection software startup, has raised nearly INR 6 crore funding from Ideaspring Capital.

Emergency Healthcare Services Startup StanPlus Bags around INR 11 Crore To Expand Operations

Healthtech startup StanPlus Technologies has raised around INR 11 Crore in Pre Series A funding round led by Pegasus FinInvest.