Archive News

22/12/2020

SucSEED Indovation Backs Three Startups After First Close Of Maiden Fund

Hyderabad-headquartered alternative investment fund and venture capital firm SucSEED Indovation has marked the first close of its INR 100 Crore fund, having raised INR 40 Crore from its limited partners and investors. Three startups which has been identified by the Indovation Fund are Stargate, Auris, and Freestand.
22/12/2020

EWar Games Raises Pre-Series A To Boost Esports Penetration

Bengaluru-based gaming and esports startup EWar Games, has raised an undisclosed amount Pre-Series A funding round led by Inflection Point Ventures, with participation from JITO Angel Network, Hyderabad Angels and Eximius Ventures founder Peart Agarwal.
21/12/2020

Pine Labs Raises Fresh Funding From Lone Pine

Fintech unicorn Pine Labs has announced raising a fresh round of funding from Lone Pine Capital at a valuation of USD 2 Billion
21/12/2020

Former Bajaj Allianz chief exec invests in VANS Skilling and Advisory

Hemant Kaul, financial services and insurance veteran has invested in professional services firm VANS Skilling and Advisory
21/12/2020

Affordable housing firm Janaadhar raises funding from UK entity, existing investors

Low cost housing developer Janaadhar has raised funding from a UK-based affordable housing impact investor and existing investors
18/12/2020

Polish edtech startup Brainly raises USD 80 Million in Series D Round from Learn Capital, others

Global online learning platform Brainly has raised USD 80 million in a Series D round led by Learn Capital with participation from Prosus Ventures and General Catalyst Partners. The startup’s existing investors Runa Capital and MantaRay also joined the round.
18/12/2020

PagarBook raises USD 15 Million in Series A from Sequoia Capital, India Quotient

Staff management solutions provider PagarBook, has raised USD 15 million in Series A funding led by Sequoia Capital. The round also saw participation from India Quotient.
18/12/2020

Info Edge Ventures raises INR 375 Crore from Temasek as part of INR 750 Crore fund

Info Edge Ventures, a INR 750 crore early-stage venture capital fund backed by Naukri.com parent Info Edge, has received a commitment of INR 375 crore from Temasek. The fund will further explore India-focused opportunities enabled by technology.
18/12/2020

PointOne Capital announces first close, plans one startup investment every month

PointOne Capital, a pre-seed-focused venture capital fund, has announced the first close of its maiden fund.Fund is also planning a total corpus of INR 50 crore to invest up to INR 1 crore per startup.
17/12/2020

MSME-Focussed Fintech Startup M1xchange Raises Fresh Funding From Beenext Asia, Mayfield

M1xchange, a digital invoice discounting platform for micro, small and medium enterprises, has raised USD 4.5 Million of funding led by VC firms Beenext Asia. Existing investor Mayfield alos participated in this round.
17/12/2020

SaaS startup LeadSquared raises INR 240 Crore in Series B round led by Gaja Capital

LeadSquared, a Bengaluru-based sales automation SaaS platform, has raised around INR 240 crore in the Series B funding round led by private equity firm Gaja Capital. Existing investors Stakeboat Capital and Jyoti Bansal have also participated in the round.
17/12/2020

BlackSoil backs skincare chain in first bet from new credit fund

Venture debt and alternative credit platform BlackSoil Capital has invested INR 10 crore in Oliva, a chain of dermatology-focussed clinics.
17/12/2020

Leo Capital leads seed funding in LOGIQ

Logiqai Software India Pvt Ltd, which operates artificial intelligence (AI)-based observability platform LOGIQ, has raised USD 1.8 million in a seed funding led by Leo Capital.
16/12/2020

WakeFit raises Series B investment of INR 185 Crore led by Verlinvest, Sequoia Capital India

Bengaluru-based sleep and home solutions startup Wakefit.co, has raised INR 185 crore Series B funding led by the European investment firm Verlinvest and existing investor Sequoia Capital India.
16/12/2020

BiteSpeed raises USD 275K in seed round led by Whiteboard Capital

BiteSpeed, the Gurugram-based conversational commerce platform for ecommerce brands on Shopify, has raised USD 275,000 seed funding led by Whiteboard Capital. The round also saw participation from First Cheque, Upsparks, and First Principles, along with marquee angel investors.
16/12/2020

Chennai-based merchandise startup Cover it Up raises INR 3.5 Crore from angel investors

Pop-culture merchandise startup Cover it Up has raised funding of INR 3.5 crore in the seed round led by angel investors Sanjay Wadhwa, Manish Mardia, Madan Lal Gundecha, Vimal Jain, and Nishank Sakaria.
16/12/2020

Sequoia Surge, tech entrepreneurs back blogging platform Hashnode

LinearBytes Inc., which operates developer-focussed blogging platform and community Hashnode, has raised USD 2.1 million in a funding round led by Surge, the accelerator programme of Sequoia Capital India. Other participants in this round include Freshworks founder Girish Mathrubootham, AngelList co-founder Naval Ravikant, BrowserStack founders Ritesh Arora and Nakul Aggarwal, […]
16/12/2020

Maths learning app Countingwell raises Pre-Series A round

Illuminati Learning Solutions Pvt. Ltd., an edtech startup and the parent company of maths learning app Countingwell, has raised a Pre-Series A funding round of USD 1 million from UAE-based Delhi Private School, and Interstar, an education management company and other angel investors.
15/12/2020

Pickrr lands USD 4 million funding led by Guild Capital and Omidyar Network India

Pickrr, a logistics company, has raised its first institutional cheque of USD 4 million from investors led by Guild Capital and Omidyar Network India.
15/12/2020

Arya Collateral raises USD 21 million in Series B funding led by Quona Capital

Noida-based agri-tech startup Arya Collateral Warehousing Services has raised USD 21 million through a mix of equity and debt as part of its Series B round, with Washington-based Quona Capital leading the equity investment, along with participation from existing investors LGT Lightstone Aspada and Omnivore.
15/12/2020

Zenoti enters unicorn club with USD 160 Million Series D investment led by Advent International

Zenoti, the Hyderabad and Bellevue-based enterprise cloud platform for the beauty and wellness industry, has raised a USD 160 million Series D funding round at over a USD 1 billion valuation. The round was led by the global private equity investor Advent International, through Advent Tech and Sunley House Capital, […]
15/12/2020

Smart calling platform Callify.ai pulls in seed funding

Callify.ai, a smart calling platform that focusses on working professionals, has raised INR 4.11 crore in a seed funding round led by Angel investment firm Malpani Ventures. Venture Catalysts, the UAE-based Calega Ventures, The Chennai Angel Network and Marvari Angel Network also participated in this round.
14/12/2020

Lingerie brand Clovia raises USD 4 Million in pre-Series C round

Lingerie brand Clovia has raised USD 4 million in pre-Series C round of funding led by a clutch of investors including Golden Birch Investments and SheCapital Venture Fund.
11/12/2020

Infra.Market raises USD 20 Million in Series B round from Evolvence, Sistema Asia Fund, Foundamental Gmbh

Infra.Market, a Mumbai-based technology firm providing a one-stop marketplace for construction materials, logistics and financing support, has raised a Series B funding of USD 20 million from Evolvence India Fund, Sistema Asia Fund, and Foundamental Gmbh. Existing investors including Accel, Tiger Global, and Nexus Venture Partners also participated in the […]
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