Archive News


Season Two Ventures looks to raise USD 100 million

Season Two Ventures, an enterprise-focussed earlystage venture capital fund, has hit the market to raise USD 100 million and the fund scouts for startups in the enterprise healthcare, fintech, logistics, energy and utility space

After More Than 2 Years, Google-Backed Cuemath Is Now Raising INR 38.82 Crore Series B

Bengaluru-headquartered edtech startup Cuemath is back in the funding ground after nearly three years of raising its Series B funding round and continuing the same round, the company is raising around INR 39 Crore from its existing and new investors

The Moms Co Raises USD 5 Million Series B For Product Expansion

Delhi-based baby care products startup The Moms Co has announced a USD 5 Million Series B round from existing investors DSG Consumer Partners and Saama Capital

Stride Ventures Invests In Stellapps, Marks First Close Of Fund I

Delhi-based venture debt firm Stride Ventures announced that it has marked first close of its first fund at INR 100 Crore.

Fireside Ventures leads Series A funding in womenswear brand FableStreet

FableStreet Lifestyle Solutions Pvt Ltd, which operates an eponymous portal to sell premium workwear for women, has raised INR 21 crore in its Series A round of funding led by consumer-focused venture capital firm Fireside Ventures.

Windrose Capital leads funding round in mutual fund platform

Noida-based Nivesh, a distributor of mutual fund products, has raised around INR 4 crore funding led by Pune-based existing investor Windrose Capital

Sarva raises Rs 20 crore in funding round led by Fireside Ventures

Yoga and wellness startup Sarva has raised INR 20 crore in a funding round led by early stage venture fund, Fireside Ventures

Flipkart buys minority stake in B2B logistics startup Shadowfax

Walmart owned online retailer Flipkart has bought a minority stake in logistics startup Shadowfax, as it looks to step up its grocery and fresh-produce delivery operations to challenge rivals such as Amazon and BigBasket

Ed-tech firm Smart Institute bags funding from ah! Ventures

Smart Institute, an education technology firm, has raised around 11 crore in a funding round from a clutch of investors led by the Mumbai-based ah! Ventures.

Omidyar Network bets on used motorbike marketplace CredR

Mumbai-based refurbished two-wheeler reseller CredR has raised INR 38 crore in a funding round led by impact investor Omidyar Network India

Co-living space provider Zolostays raises USD 7 million in venture debt

Zolostays, which offers affordable housing apartments to young professionals and students, has raised USD 7 million from venture debt firm Trifecta Capital

CarDekho races ahead with Series D cheque from Advent unit, China’s Ping An

Jaipur-based Girnar Software Pvt Ltd, which owns auto portal CarDekho, has raised USD 70 million in its Series D round of funding led by Hong Kong-based growth-stage investor Ping An Global Voyager Fund

Virtual banking startup IndyFint raises Series A funding

IndyFint Pvt Ltd, a virtual banking startup founded by former Infosys executive Paddy Padmanabhan and serial entrepreneur Rajiv Kuchhal, has raised INR 15 crore in its Series A funding round.

Customer Loyalty Startup Froogal Raises USD 1 Million Seed Round From US-based Angel Investors

Hyderabad-based Froogal, a customer loyalty marketing startup has secured USD 1 Million in a Pre-Series A funding round led by US-based angel investors

Lucideus Bags USD 7 Million Funding To Become India’s Most Valuable Cybersecurity Startup

Cybersecurity startup Lucideus has raked in USD 7 Million in a fresh round of funding led by MS&AD Ventures, the venture capital arm of one of Japan’s leading insurance companies.

Paytm Eyes Growth In Bus Ticketing With Investment In Rajkot Startup Infinity

As digital payments company Paytm strengthens its ecosystem play, the parent company, One97 Communications has announced a strategic investment of an undisclosed amount in Rajkot-based bus ticketing technology solutions provider Infinity Transoft Solutions

Jungle Ventures bets on BookMyShow’s Southeast Asian business

Bigtree Entertainment Singapore Pte Ltd, which owns and operates online ticketing platform BookMyShow SEA, has raised funding from early-stage investor Jungle Ventures

Tiger Global leads Series A funding in B2B materials marketplace Infra.Market

Infra Market, a business-to-business marketplace for real estate and construction materials, has raised USD 20 million in its Series A funding round led by US-based investment firm Tiger Global

Accel raises USD 550 million for new India venture capital fund

Venture capital firm Accel Partners has raised USD 550 million under a new fund to make seed and early-stage investments in Indian startups

SoftBank-backed FirstCry acquires playschool chain Oi

SoftBank-backed FirstCry, which retails products and also operates a social network catering to young parents and babies, is entering the education space by acquiring Oi Playschool in what is the first of its kind deal in a fast consolidating segment.

Binny Bansal puts USD 20 million more in insurance company Acko

Flipkart cofounder Binny Bansal is doubling down on insurance technology startup Acko by pumping in an additional USD 20 million into the company as part of its latest financing round, according to people in the know of the development

Digital Prescription Startup WonDRx Raises Seed Funds From Venture Catalysts

Mumbai-based healthtech startup WonDRx announced that it has raised an undisclosed fund seed funding from Venture Catalysts

Agritech Startup Kamatan Raises INR 30 Crore From Samunnati Agro

New Delhi-based agri logistics and supply chain startup Kamatan Farm Tech has announced a INR 30 Crore equity and debt funding round from Chennai-based Samunnati Agro Solutions

Flyrobe Gets Acquired By Fashion Rental Service Rent It Bae

Fashion rental service, Rent It Bae, owned by AARK World, has acquired its rival Mumbai-based Flyrobe in a part-cash and part-stock deal and the value of the two companies is somewhere around INR 60 Crore post merger