Archive News

11/12/2020

InnoVen Capital, others invest in Lightbox-backed WayCool Foods

WayCool Foods and Products Pvt Ltd, a fresh-produce distributor, has raised USD 7.8 million in a structured debt-funding exercise. Participants in this fundraise include non-banking financial company Samunnati, RBL Bank, and venture debt firm InnoVen Capital.
10/12/2020

Exotel raises INR 40 crore in funding from A91 Partners

Cloud telephony company Exotel has raised INR 40 crore from A91 Partners in a mix of primary and secondary share sales, to ride a wave of accelerated growth in digital adoption created due to the Covid-19 pandemic.
10/12/2020

Customer service platform Richpanel raises investment from Sequoia’s Surge

Richpanel, a customer service platform for the ecommerce industry, has raised an undisclosed investment from Sequoia Capital’s accelerator programme Surge.
10/12/2020

Mihup raised USD 1.5 million in Series A funding led by Accel Partners and Ideaspring Capital

AI conversational platform, Mihup raised USD 1.5 million in Series A funding led by existing investors Accel Partners and Ideaspring Capital. Rajesh Jain, founder of Netcore, and Jayant Kadambi, founder and CEO of YuMe Networks, also participated in the round.
09/12/2020

Blockchain startup EPNS raises USD 750K seed investment

Mumbai-based Ethereum Push Notification Service (EPNS) has raised USD 750,000 seed investment from prolific angel investors and HNIs.
09/12/2020

DealShare raises USD 21 Million Series C investment led by Westbridge Capital

Jaipur and Bengaluru-based startup DealShare has raised USD 21 million in Series C funding led by WestBridge Capital. The round also saw participation from Alpha Wave Incubation – a venture fund managed by Falcon Edge Capital, Z3Partners, and existing investors Matrix Partners India and Omidyar Network India.
09/12/2020

Radiology platform 5C Network bags pre-Series A funding

Radiology platform 5C Network (India) Pvt. Ltd, has raised USD 1.2 million in its pre-Series A funding round from existing investors Unitus Ventures and Axilor Ventures.
09/12/2020

HDFC Bank invests in smallcase Technologies

HDFC Bank has invested an undisclosed amount in s​mallcase Technologies, and bought a minority stake, as part of a recent Series B fund-raise.
08/12/2020

Atomberg Technologies secures INR 70 crore funding led by A91 Partners

Energy-efficient smart fans maker Atomberg Technologies has raised INR 70 crore in Series B funding led by A91 Partners. The round also saw participation from Suman Kant Munjal’s family office Survam Partners and Trifecta Capital.
08/12/2020

Artificial intelligence-based Kiko TV raises funds from 9Unicorns, angel investors

Kiko TV, a live streaming e-commerce platform founded by IIT Bombay alumni, has picked up funds from 9Unicorns and a bunch of other angel investors.
08/12/2020

Sequoia’s Surge leads funding in community-centric social network Kutumb

Primetrace Technologies, which operates community-driven platform social networking app Kutumb, has raised INR 15.5 crore led by Sequoia Capital India’s Surge programme. AL Trust, Whiteboard Capital, Incrypt and others also participated in this round.
08/12/2020

CapitalG-backed online learning startup Cuemath raises Series C funding

Math learning startup Cuemath has raised USD 40 million in its Series C round of funding led by impact investor Lightstone Fund and Falcon Edge’s Alpha Wave Incubation. Existing investors CapitalG, which is Google’s venture capital arm, and Sequoia Capital also participated in this round.
07/12/2020

Bombay Play raises USD 1 Million investment from Lumikai

Mumbai-based social gaming startup Bombay Play has raised $1 million seed funding led by Lumikai, the first gaming and interactive media venture fund based out of India. Existing investors Playco and Leo Capital also participated in the round.
07/12/2020

Gurugram-based Bolo Indya raises USD 400K led by Inflection Point Ventures

Vernacular short videos sharing platform Bolo Indya has raised USD 400,000 led by Inflection Point Ventures. Existing investors from Eagle10 Ventures also participated in this round.
07/12/2020

Huddle accelerated retail startup The New Shop raises USD 500K

Omni-channel retail brand, The New Shop, has raised USD 500,000 as part equity and part venture debt, in seed funding round backed by Huddle Accelerator. The round also saw participation from Anthill Ventures, AngelList India and others.
07/12/2020

MobiKwik raises INR 52 Crore from the HT group and Kris Gopalakrishnan’s family office

MobiKwik raised funding of INR 52 crore led by Hindustan Media Ventures, the investment arm of HT Group, with participation from Infosys Co-founder Kris Gopalakrishnan’s family office Pratithi.
07/12/2020

SaaS provider Swipez raises funds from Anicut and 9Unicorns

Pune-based B2B Software as a Service (SaaS) provider Swipez, that helps small and mid-sized business (SMB) to digitise their operations has raised an undisclosed round of equity funding from a clutch of investors including Anicut Angel Fund and 9Unicorns and angel investors such as Sanjiv Bajaj, Ashvin Chadha and Harsh […]
07/12/2020

Y Combinator bets on creator monetisation-focussed TagMango

TagMango Pvt. Ltd, a startup that helps content creators develop monetisation channels, has raised INR 5.5 crore in a seed funding round. Participants in this round include Y Combinator, Twitch co-founder Kevin Lin, XRM Media, the Pioneer Fund and angel investors from the USA and UAE.
07/12/2020

Aerial mobility startup ePlane gets seed funding from VC firms, ShareChat exec

The ePlane Company, an aerial mobility firm focussed on urban travel, has raised an undisclosed seed funding led by Speciale Invest. Other participants include IIM-Ahmedabad’s incubator CIIE.CO, FirstCheque, Java Capital and ShareChat co-founder Farid Ahsan.
04/12/2020

Pune-based Loop Health raises USD 2.3 Million from Sierra Ventures, Y-Combinator, and others

Pune-based Loop Health, an health insurance broker, has raised USD 2.3 million in its seed round led by US-based venture capital firm Sierra Ventures. The round also saw participation from Y Combinator, Soma Capital and other angles.
04/12/2020

Reliance Jio leads Series A round in AR gaming startup Krikey

Reliance Jio has led an undisclosed Series A round in Augmented Reality (AR) gaming startup Krikey. As part of the deal, San Francisco-based Krikey has released an AR-based action adventure game called ‘Yaatra’ in India.
04/12/2020

IAN, Scale Ventures provide bridge funding to fintech startup Artivatic.ai

Artivatic Data Labs Pvt Ltd, which operates insurance-technology startup Artivatic.ai, has raised capital in a bridge funding round led by Pune-based Scale Ventures, with participation from existing investor Indian Angel Network (IAN).
04/12/2020

PayU leads USD 7 million round in wealth management startup Fisdom

Finwizard Technology Pvt Ltd, which operates wealth management startup Fisdom, has raised USD 7 million in a fresh funding round led by existing investor PayU, with participation from other backers including Quona Capital and Saama Capital.
04/12/2020

Venture Catalysts keeps up the pace with bet on agri-tech startup Humus

Humus, an agricultural technology startup focussed on addressing issues in fresh produce supply chains, has raised an undisclosed funding from Venture Catalysts and its accelerator fund 9Unicorns.
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