Archive News

05/08/2021

Wellness platform AyuRythm raises undisclosed sum from SucSEED Indovation Fund, others

Bengaluru-based wellness startup AyuRythm, has secured an undisclosed amount in seed funding from SucSEED Indovation and other several angel investors. AyuRythm is leveraging a 30-second pulse analysis (Nadi Pariksha) by placing fingers on smartphone cameras, AyuRythm aims to redefine holistic wellness via personalised recommendations based on an individual’s mind, body, […]
05/08/2021

Social investment startup StockGro raises USD 5 Million in pre-Series A round

StockGro, a Bengaluru-based social investment startup, has raised USD 5 million in a pre-Series A round of funding. The round was led by Roots Ventures and Velo Partners. With more than 1 million user base, StockGro has over 80 percent month-on-month retention.
05/08/2021

Revery gets USD 2 Million to improve mental health with mobile gaming techniques

Gamified mental health solutions startup Revery, has raised USD 2 million, led by Sequoia Capital India’s Surge program. Participants included GGV Capital, Pascal Capital, zVentures, and Patron. Angel investors include Kunal Shah Founder of CRED, Sai Srinivas founder of MPL and others.
05/08/2021

WestBridge Capital leads Series C funding in Yellow.ai

Yellow.ai, a customer experience automation platform, has raised USD 78.15 million in a Series C funding round led by WestBridge Capital and joined by Sapphire Ventures, Salesforce Ventures and Lightspeed Venture Partners.
05/08/2021

The Souled Store Raises INR 75 Crore From Elevation Capital

Mumbai-based casual wear brand The Souled Store, has raised INR 75 crore in Series B funding led by Elevation Capital. The investment round also saw participation from angel investors Sahil Barua, Gunjan Soni, Revant Bhate and others.
05/08/2021

Cold-chain startup Celcius raises seed round from Eaglewings Ventures, others

Cold-chain marketplace startup Celcius, has raised USD 500,000 as part of its seed round led by Mumbai Angels Network. The round saw participation by early-stage Venture firm Huddle, Lumis Partners and other investors from Nigeria, Malaysia and the US.
05/08/2021

Vernacular Audio Platform Khabri Raises USD 2.1 Million Led By Liquid 2 Ventures

Regional language audio content platform Khabri, has raised USD 2.1 Million in a Pre-Series A funding round led by Liquid 2 Ventures, Pioneer Fund, and Rebel Fund.
05/08/2021

Stride Ventures Announces First Close Of Its 2nd Fund At INR 550 Crore

Venture debt firm Stride Ventures, has announced the first close of Stride Ventures India Fund II, securing commitments of INR 550 Crore out of its target corpus of INR 1,000 Crore, with an additional greenshoe option of INR 875 Crore. The firm aims to ramp up deployment in late stage […]
04/08/2021

BharatPe valuation rises to USD 2.85 billion after Tiger Global-led funding

Merchant payments and financial services provider BharatPe, has raised $370 million in a primary and secondary mix, as a part of a Series E funding round led by new investor New York-based Tiger Global Management, at a post-money valuation of USD 2.85 billion. Dragoneer Investor Group and Steadfast Capital also […]
04/08/2021

Leap raises USD 34 million in funding

Leap an integrated pooling and supply chain solutions company, has raised USD 34 million in a secondary round from investors led by Schroder Adveq and IIFL fund, giving early backers Mayfield Fund, IndiaNivesh, and Six Sense Ventures a partial exit.
04/08/2021

Healthtech startup Onsurity gets USD 16 million from Quona Capital, others

Onsurity, an employee health benefits platform, has raised USD 16 million in a Series A funding round led by Quona Capital and existing investors Nexus Venture Partners and Whiteboard Capital. Vivek Garipalli, the founder and CEO of Clover Healthcare, also participated in the fundraising.
04/08/2021

HiHello raises USD 7.5 million from Foundry Group, others

HiHello a digital business card and contact manager app, has raised USD 7.5 million in a Series A funding round led by Foundry Group along with participation of Lux Capital and August Capital.
04/08/2021

Healthtech Startup Meddo Acquires Digital Prescription Platform Doxper

Digital outpatient care platform Meddo has announced the acquisition of digital prescription platform Doxper in a cash and stock deal.
04/08/2021

Infra.Market raises USD 125 Million from Tiger Global at USD 2.5 Billion valuation

Construction materials marketplace Infra.Market, has raised USD 125 million in Series D funding from Tiger Global. The latest funding round values the company at USD 2.5 billion.
04/08/2021

Healthtech startup MedPrime Technologies raises seed round

Healthtech startup MedPrime Technologies, which focuses on providing digital solutions to the microscopy segment of medical diagnostics, has raised an undisclosed amount in a seed funding from Mumbai Angels Network and Social Alpha. SINE IIT Bombay, RiSo Capital, Lavni Ventures, and Keiretsu Forum also participated in the round.
04/08/2021

Logistics startup StackBOX raises USD 1.2 Million from Ecosystem Ventures, CMM group

Bengaluru-based logistics tech startup StackBOX has raised USD 1.2 million in funding led by Ecosystem Ventures and CMM Group. It has set up a network of multi-brand micro fulfillment centers, cross docks and dark stores leveraging technology for routing optimisation, party level packaging, etc.
04/08/2021

Agritech startup Krishify gets USD 2.7 million from Omidyar, others

Krishify, a networking platform for farmers and other agri-professionals—matching potential buyers and sellersp, has raised USD 2.7 million in a pre-Series A funding round led by Omidyar Network India, Ankur Capital, and Orios Ventures.
04/08/2021

D2C tech-fulfilment startup QuickShift, raises INR 5.7 crore seed round from Anicut Angel Fund, Axilor Ventures

Pune-based Quickshift, a Direct-2-Consumer fulfilment firm, has raised INR 5.7 crore in a seed funding round led by Anicut Angel Fund and Axilor Ventures.
03/08/2021

Skill-Lync raises USD 17.5 million from Iron Pillar, others

Y Combinator-backed Skill-Lync, an engineering-focused edtech startup, has raised USD 17.5 million in a Series A funding round led by Iron Pillar. Existing investors Y Combinator and Better Capital also participated.
03/08/2021

ChefKart raises USD 300K from Lead Angels, Titan Capital, Pravega Ventures, others

ChefKart, an end-to-end kitchen aide, has raised USD 300,000 in a pre-seed round from Titan Capital, Lead Angels, Pravega Ventures, Manyavar Family Office, Vipul Allawadhi Co-founder of Kutumbh, and Puja Vijayvargiya.
03/08/2021

Sales productivity startup Nektar.AI raises funding led by 3One4, others

Nektar.AI, a SaaS-based B2B sales productivity startup, has raised USD 6 million in seed funding led by B Capital Group, 3One4 Capital, and Nexus Venture Partners.
03/08/2021

Apnaklub Raises Funding To Expand B2B Social Commerce Play

Apnaklub, a business-to-business wholesale platform for fast-moving consumer goods, has raised USD 3.5 Million in a seed round from Sequoia Capital’s early-stage accelerator Surge. Besides Sequoia, Blume Ventures and White Board Capital have also invested in the seed round. Apnaklub agent-led solution, known as the Apnaklub Partner Programme, currently includes […]
03/08/2021

Accel and Elevation Capital lead Series A funding in B2B focused Fashinza

Fashinza, a B2B marketplace for apparel manufacturing, has raised USD 20 million in a mix of equity and debt as part of its Series A funding round led by Accel Partners and Elevation Capital. The round also saw participations from Abu Dhabi’s DisruptAD, Stride Ventures, Alteria Capital, Tradecred and others.
02/08/2021

Unacademy raises USD 440 million from Temasek, Softbank Vision Fund

Online learning firm Unacademy has raised USD 440 million in a new funding round led by Temasek Holdings valuing the education technology startup at USD 3.4 billion. Existing backers SoftBank, General Atlantic and Tiger Global also participated in the round.
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