Archive News

16/03/2018

SoftBank leads $62 million round in Indian online grocer Grofers

Online grocer Grofers is raising a INR 400-crore ($62 million) funding round led by existing investor SoftBank, which is looking to increase its shareholding to 35-40 per cent in the Indian company
16/03/2018

Ideaspring Capital, The Hive invest in AI startup Peritus

Artificial intelligence startup Peritus has raised $2 million (INR 12 crore) in funding from early-stage venture capital firm Ideaspring Capital and early-stage fund The Hive.
16/03/2018

Wipro picks up minority stake in US-based startup Avaamo

Wipro Ltd has picked up a minority stake in US-based artificial intelligence startup Avaamo Inc for USD 2,002,000.
16/03/2018

Elevar Equity-backed agri-tech startups merge to create new entity

Agritech startups Sabziwala and LivLush, which are both backed by impact VC fund Elevar Equity, have merged their businesses under a new entity named Kamatan.
15/03/2018

Tracxn founder, former Flipkart exec invest in CTO recruitment startup

Purple Quarter, a startup which scouts for top technology executives, has raised an undisclosed amount in angel funding from Abhishek Goyal, founder of data analytics firm Tracxn, and former Flipkart executive Mekin Maheshwari.
15/03/2018

HT Media to invest in social commerce platform Sagoon

HT Media Ltd has agreed to invest $5 million in US-based social commerce platform Sagoon Inc.
15/03/2018

Omidyar invests in parenting social network Healofy

Healofy, a pregnancy-parenting social network, has raised $1 million in seed funding from impact investor Omidyar Network.
15/03/2018

YourNest-backed food-tech aggregator SmartQ secures $1 million

Bengaluru-based Bottle Lab Technologies Pvt Ltd, which runs food-tech startup SmartQ, has raised $1 million from a consortium of undisclosed investors from Dubai.
15/03/2018

Axilor Ventures, others invest in enterprise automation startup Appiyo

Appiyo Technologies Pte Ltd, a business-to-business software-as-a-service startup which offers enterprise workflow automation services, has raised $3,83,000 in a seed round led by Axilor Ventures.
15/03/2018

Matrix Partners leads Series A investment round in fintech startup Avail Finance

Bangalore-based Goddard Technical Solutions Pvt Ltd, which operates online lending platform Avail Finance, has raised INR 111 crore in a fresh round of funding led by venture capital firm Matrix Partners.
14/03/2018

Self-arranged marriage startup Wedeterna gets angel funding

Wedeterna, an online platform for self-arranged marriages, has raised an undisclosed amount in angel funding from Singapore-based entrepreneur Avish Joseph
14/03/2018

Infosys ex-employee’s campus communication startup Stumagz raises angel funding

Stumagz, an online communication and collaboration platform for educational institutions, has raised an undisclosed amount in angel funding from a group of US-based investors including Venkat Subramanian, president and chief operating officer of cloud solutions firm Solunus Inc and serial entrepreneur Sudhakar Pennam.
14/03/2018

UK publisher invests in ed-tech startup Callido Learning

Mumbai-based ed-tech startup Callido Learning LLP has raised $2 million (INR 13 crore) from a UK-based publisher.
14/03/2018

WaterBridge, Omidyar invest in ed-tech startup Doubtnut

Gurgaon-based ed-tech startup Doubtnut has raised a pre-Series A round amounting to $539,000 led by WaterBridge Ventures.
12/03/2018

Kuwaiti logistics firm invests in AI-based e-commerce platform Eunimart

Eunimart, an artificial intelligence-based platform for cross-border e-commerce, has raised an undisclosed amount from Agility, a Kuwait-headquartered publicly-traded global logistics company.
12/03/2018

The HR Fund backs healthtech startup HealthAssure

Primary healthcare services aggregator HealthAssure has raised $1 million in a pre-Series A round from human resource ventures-focused private investment firm The HR Fund.
12/03/2018

Personal care startup Mcaffeine raises pre-Series A round

Ecommerce-driven personal care startup MCaffeine has raised its $500,000 pre-Series A funding round from a clutch of angel investors led by Wazir Advisors founder Harminder Sahni, Mohit Bajaj of startup funding platform Let’s Venture, and Calcutta Angels.
12/03/2018

Fraud detection startup TrustCheckr secures angel money

Bengaluru-based fraud analytics solution provider TrustCheckr has raised $100,000 (INR 65 lakh) in angel money from two undisclosed high net-worth individuals.
12/03/2018

Corporate Travel Management startup Tripeur raises $600K

Shorebird Technologies, the makers of the third generation, end-to-end corporate travel management platform Tripeur, has raised $600K in Pre-Series A funding led by Japan-based Incubate Fund.
12/03/2018

ChrysCapital buys stake in Sequoia-backed pharma firm Curatio

Private equity fund ChrysCapital has bought a significant minority stake in Curatio Healthcare Pvt Ltd for USD 20 Million.
09/03/2018

Uber founder Travis Kalanick launches Venture Fund to invest in India, China

Uber co-founder and former CEO Travis Kalanick has launched a new venture investment fund called 10100, which will focus on backing innovative technologies in emerging markets like India and China.
09/03/2018

Venture Gurukool to launch $20 million VC fund

Venture Gurukool, a mentoring platform for early and growth stage ventures, is planning to launch its maiden fund called VG Coop Fund with a target corpus of $20 million.
09/03/2018

Knowlarity CEO invests in recruitment startup HireXP

Recruitment solutions startup HireXP has raised an undisclosed sum from Ambarish Gupta, chief executive of cloud telephony firm Knowlarity Communications Pvt Ltd.
08/03/2018

Aarav Unmanned Systems

Drone technology start-up Aarav Unmanned Systems raises undisclosed amount of funding led by GrowX and 500 Startups via Enablers Bengaluru-based drone startup Aarav Unmanned Systems (AUS) has raised an undisclosed amount in a Pre-Series A funding round from GrowX Ventures, 500 Startups, and BellWether Advisors aided by ValPro’s Enablers. Read […]
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