Archive News


Everstone-backed Crystal Crop may buy 3 brands from Syngenta India

Crystal Crop Protection Ltd, a specialty chemicals company, is acquiring three brands of Syngenta India Ltd as the company continues its focus on inorganic opportunities to pursue growth.

ZoloStays in talks to raise USD 30 million

Bengaluru-based co-living and home rental startup ZoloStays Property Solutions is in talks with South Korean financial services firm Mirae Global Asset Management to raise a USD 30-million round of funding.

Arali Ventures marks first close of debut seed fund

Arali Ventures has marked the first close of its debut seed fund which seeks to invest in enterprise-tech startups in India.

SoftBank set to dispatch USD 450 million to Delhivery

SoftBank Group Corp, the world’s largest technology investor, is in the final stages of sealing a USD 450 million investment in Delhivery.

Korean, Japanese investors to back mobile gaming startup Mech Mocha

Bengaluru-based mobile gaming startup Mech Mocha Game Studios Pvt Ltd is raising up to USD 10 million (INR 71 crore) as part of its ongoing Series B funding round

Impact investor BlueOrchard offers more debt funding to microlender Aye Finance

Non-banking financial company Aye Finance has raised INR 72 crore (USD 10 million) in debt funding from Switzerland-based impact investor BlueOrchard Finance

SAIF Partners leads Series A investment in industrial IoT firm DeTect

DeTect Technologies, an industrial Internet of Things (IIoT) startup, has raised close to USD 3 million (around INR 23 crore ) in a Series A round of funding led by multi-stage investment firm SAIF Partners

Akshaypat Singhania is looking to invest INR 100 cr in startups

Akshaypat Singhania chairman and managing director at JK International is stepping into the startup space, allocating INR 100 crore towards backing early-stage ventures.

Signzy lands INR 24 crore from Stellaris, others

Signzy, which provides digital onboarding solution for financial institutions, has secured INR 24 crore from a clutch of investors led by Stellaris Venture Partners and Kalaari Capital.

MergerWare gets pre-Series A funding

MergerWare, which provides software solutions to aid integration related to mergers and acquisitions (M&A), has raised an undisclosed amount in pre-Series A funding from Mori Beheshti, global vice-president of M&A at electric equipment maker Schneider Electric.

Angel investors back Genius Corner

Edtech startup Genius Corner has raised INR 2 crore in an angel round of funding from a clutch of angel investors including Ranbir Singh, Mahesh Mohta, Lakshmikantan Sundereswaran, Dipak Varshney, and Puneet Garg.
20/11/2018 acquires health company Seraniti

Healthcare startup Cure fit is boosting its mental wellness business Mind fit with the takeover of Bengaluru-based mental health platform Seraniti.

Anicut Capital invests in smartphone recommerce startup Yaantra

Delhi-based smartphone refurbishing and resale platform Yaantra has raised around USD 2 million in venture debt from alternative investment firm Anicut Capital

Angel investor backs social platform for artists SkillBox

Gurugram-based social network and discovery platform for artists, SkillBox, has raised undisclosed seed funding from US-based angel investor Sandip Ranjhan.

Chiratae, Gates Foundation back agri-tech startup CropIn in Series B round

Agri-tech firm CropIn Technology Solutions Pvt Ltd has raised USD 8 million in its Series B round from venture capital firm Chiratae Ventures (formerly IDG Ventures India) and Bill & Melinda Gates Foundation.

IDG, Blume-backed HealthifyMe tops up Series B funding round

Health and fitness app HealthifyMe, owned by HealthifyMe Wellness Pvt Ltd, has raised USD 6 million in an extended Series B round from existing investors.

Sportido raises pre-series A funding from IPV

Sportido, a Delhi-based sports social network and marketplace secured an undisclosed pre-Series A round funding from Inflection Point Ventures (IPV), an early stage investment group.

Bain Capital Ventures raises USD 1 billion fund to back startups

Bain Capital Ventures, the venture capital division of the eponymous Boston-based investment firm raised a new USD 1 billion fund to invest in startups, adding to a year of big-dollar fund-raising by tech investors.

US-based Amistad Ventures backs e-commerce enabler EasyEcom

Bengaluru-based e-commerce enabler EasyEcom raised an undisclosed amount from Amistad Ventures, a US-based early-stage investment firm.

1Crowd leads pre-Series A funding round in Hoi Foods

Hoi Food Concepts Pvt Ltd, a startup that provides food to budget hotels in the national capital region, has raised USD 500,000  in a pre-Series A round led by crowdfunding.

Prime Venture leads Series A funding in retail-tech platform Perpule

Bengaluru-based Delvit Solutions Pvt Ltd, which operates retail-tech platform Perpule, has raised INR 34 crore in a Series A round led by Prime Venture Partners Existing investors Kalaari Capital and Venture Highway also participated in the round.

Venture Catalysts facilitates investment in car wash startup CleanseCar

CleanseCar, a mobile-based platform which offers daily car wash services, has raised USD 500,000 in angel funding facilitated by incubation platform Venture Catalysts.

Tech-based sanitation startup Fresh Rooms raises angel funding

Technology-driven sanitation startup Fresh Rooms has raised seed funding of INR 3 crore from undisclosed angel investor.

Saas company FarEye buys IoT platform Dipper Tech

Saif Partners-backed FarEye, a software-as-a-service (SaaS) provider for ecommerce and supply chain logistics companies, has acquired Dipper Technologies, an internet-of-things (IoT) platform that provides visibility and predictability in freight movement