Archive News


Mumbai Angels Network invests in news distribution platform Knocksense

Knocksense Media Services , a local news discovery and distribution platform, has raised an undisclosed capital from Mumbai Angels Network.  

Nexus leads USD 3.3 million Series-A in Yolobus

Yolobus, a startup looking to standardise inter-city bus travel, has raised USD 3.3 million in a Series-A funding round led by Nexus Venture Partners . The funding also saw participation from India Quotient.  

Arkam Ventures Announces First Close Of Maiden Fund At INR 325 Crore

Bengaluru-based Arkam Ventures, formerly known as Unitary Helion, has announced the first close of INR 325 Crore of maiden INR 700 Crore startup fund. It will focus on early-to-growth-stage startups in Series A, Series B stages across financial services, healthcare, food, agriculture, and mobility space.  

Japan’s Gojo & Company invests in Aviom India Housing Finance

Gojo & Company, Inc, a Japan-based firm that holds stakes in microlenders, has made a USD 3.7 million investment in its portfolio firm Aviom India Housing Finance Pvt. Ltd.  

ReNew Power, Northern Arc get debt funding from US development bank

The US International Development Finance Corporation (DFC) is extending about USD 300 million in loans to a bunch of Indian companies including green energy developer ReNew Power Pvt. Ltd and non-bank lender Northern Arc. DFC is offering USD 142 million in debt to ReNew Power to help the company develop […]

Info Edge Targets INR 750 Crore Corpus To Invest In Tech Startups

Noida-based Info Edge (India) Ltd, the parent company of online job listing platform Naukri, has proposed to set up INR INR 750 Crore fund.  Info Edge along with its wholly-owned subsidiaries in their capacity as LP committed INR 350 Crore and has already disbursed INR 150 Crore from that till […]

Bessemer-backed DocsApp raises Series B funding as it merges with MediBuddy

Venture capital-backed doctor consultation platform DocsApp has merged with the Bengaluru-based digital consumer health business of MediBuddy. The merged firm has received USD 20 million as part of its Series B round of funding. However, the financial details of the merger per se were not disclosed.  

Fertility platform IVF Access raises USD 5 Million from Vertex Ventures SEA & India

IVF Access, a Bengaluru-based healthcare startup focused on providing In Vitro Fertilisation (IVF) treatments in India, has raised USD 5 million in Series A funding.  The investment was made by Vertex Ventures Southeast Asia and India.  

Building automation firm Hipla gets angel funding from HNIs

Hipla Technologies, which offers SaaS-based office automation solutions, has raised INR 2.6 crore  in funding from a clutch of wealthy individuals from India and Singapore.  

Ed-tech firm iNurture bags funding from Dubai family office

Bengaluru-based ed-tech startup iNurture Education Solutions, a provider of formal higher education programmes in India, has raised USD 4 million from Kimera Ltd, a Dubai-based family office.  

Temasek, Warburg Pincus infuse fresh capital into CarTrade

Automobile classifieds portal has raised INR 321 crore from two of its existing investors in its Series H round of financing.  

Hero Group’s Sunil Munjal pumps more money into beauty products e-tailer Nykaa

Beauty products e-tailer Nykaa is raising INR 19.6 crore additional capital from its existing investor Sunil Kant Munjal, one of the founder promoters of Hero Group.  

Logistics solutions provider LetsTransport raises INR 10 crore from Blacksoil

Bengaluru-based intra-city logistics provider LetsTransport, has raised INR 10 crore from venture debt firm Blacksoil Capital.  

Debt resolution startup Credgenics raises seed round led by Titan Capital

Debt resolution platform Credgenics, which combines the power of artificial intelligence with data science, has raised a seed round of funding led by Titan Capital a fund backed by SnapDeal Founders Kunal Bahl and Rohit Bansal.  

Logistics marketplace Vahak raises seed funding from Leo Capital

Vahak, an online road transport marketplace, has raised an undisclosed capital in a seed funding round led by venture capital fund Leo Capital.  

Agritech startup Crofarm raises USD 1 Million from Smile Group and others, enters B2B2C biz with Otipy

Farm to retail agritech startup, Crofarm, said it has raised USD 1 million in a funding round led by Smile Group, and entered the business-to-business-to-consumer (B2B2C) space with the launch of Otipy, a community-based platform that connects consumers, resellers and farmers.  

Travel-tech firm QuaQua bags funding from Anthill Ventures

QuaQua Experiences, a platform that provides real and virtual travel experiences, has raised USD 1 million from Anthill Ventures and other existing investors.  

IAN Fund leads funding in customised furniture startup WoodenStreet

Jaipur-based online furniture platform WoodenStreet has raised USD 3 million in funding led by IAN Fund, the eponymous debut fund of the Indian Angel Network (IAN). Existing investor Rajasthan Venture Capital Fund (RVCF) also participated in this round.    

BankBazaar raises INR 45 crore in ongoing funding round led by WSV

A&A Dukaan Financial Services, which owns and operates online financial services marketplace BankBazaar, has received INR 45 crore in fresh financing as part of its ongoing Series D round. The latest capital infusion has been led by WSV-a joint venture fund of Walden International and Korean company SKTA-with BankBazaar’s existing […]

Cube Wealth raises mid-series funding, launches SaaS solution for fund managers

Technology-based investment startup Cube Wealth has raised mid-series funding of USD 500,000, led by founder Satyen Kothari, along with existing investors Singapore-based venture fund Beenext and Japan-based Asuka Holding participating in the round.  

Munich Re may lead USD 70 million round in Acko

Munich Re Ventures, the strategic corporate venture capital arm of Munich Reinsurance, is in the final stages of leading a USD 60-70 million financing round in Acko Technology. Other existing investors, such as Amazon, former SoftBank executive Kabir Misra’s RPS Ventures and Intact Ventures, will likely participate in the ongoing […]

VC firm Antler hires Urban Ladder co-founder Rajiv Srivatsa for India entry

Singapore-based venture capital firm Antler is starting its India operations and has appointed Urban Ladder co-founder Rajiv Srivatsa to lead its local operations. Antler plans to bet on as many as 40 companies in India through a country-focused fund within a year.  

DSG Consumer backs nutraceuticals products brand Nutrova

Axys Nutrition Products, which makes nutrition and nutraceutical products under the brand name Nutrova, has raised an undisclosed  funding from consumer-focused venture capital firm DSG Consumer Partners.  

Children-focused health snacks brand Timios raises pre-Series A funding

FirmRoots Pvt. Ltd, which operates the children-focused healthy snacks brand Timios, has raised capital as part of its pre-Series A round of funding. The round has been led by Rangsons Technologies LLP, which is part of the Mysore-based NR Group. Others that participated in the round include Paipal Ventures.