Archive News

10/11/2020

Wellness Forever snags fresh funding from Allana Group, Adar Poonawalla

Mumbai-based pharmacy chain Wellness Forever Medicare Pvt. Ltd, has raised INR 130 crore ahead of a planned initial public offering. The company secured the capital from Allana Group and Adar Poonawalla.
10/11/2020

Biotech startup Shilps Sciences bags pre-Series A funding

Biotechnology startup Shilps Sciences Pvt Ltd, has has raised an undisclosed its pre-Series A funding round led by investment crowdfunding platform AngelList. Existing investors also participated in this funding round.
10/11/2020

Nexus leads seed funding in sales productivity startup Nektar.ai

Nektar.ai, which operates a business-to-business (B2B) sales productivity platform, has raised USD 2.15 million in a seed funding round led by Nexus Venture Partners. Other participants in this round include Insignia Venture Partners, Arka Venture Labs, Better Capital, and Vietnam Investments Group.
09/11/2020

Ather Energy raises USD 35 Million in Series D round led by Sachin Bansal

Bengaluru-based electric scooter manufacturer Ather Energy has raised USD 35 million in its latest round of Series D round led by Sachin Bansal, who invested USD 23 million in this round. Hero MotoCorp also invested USD 12 million in this round.
09/11/2020

Healthtech startup Traya raises seed investment led by Kae Capital, Whiteboard Capital

Mumbai-based healthtech startup Traya.health, has raised an undisclosed amount of seed funding led by Kae Capital and Whiteboard Capital. Puneet Kumar from Steadview Capital and Suhail Sameer from BharatPe also participated in the round.
09/11/2020

Fintech startup GalaxyCard bags seed funding from Samyakth Capital, others

GalaxyCard, which offers instantly approved credit cards, has raised an undisclosed seed funding from a clutch of investors including micro-venture capital firm Samyakth Capital. Gopinath Latpate, executive director at real estate services firm JLL and angel investors from Eaglewings Ventures Alliance Network also pooled in capital in this funding round.
09/11/2020

Mobikwik raises INR 41.5 Crore from Hindustan Media Ventures

Digital payments platform Mobikwik has raised INR 41.5 crore as a part of its Series E round from Hindustan Media Ventures.
06/11/2020

QSR Startup Charcoal Eats Raises INR 16 Cr To Invest In Brand Building

Mumbai-headquartered quick service restaurant Charcoal Eats has raised INR 16 Cr in a round of funding led by Lokmat Investments, a division of multi-platform media company Lokmat Media.
06/11/2020

Venture Catalysts leads pre-Series A funding in retail-tech startup Gully Network

Gully Network Retail startup focussed on providing a full stack of services to mid-sized stores has raised INR Rs 9 crore in a pre-Series A funding round.
06/11/2020

Flipkart bets on USPL

Flipkart has struck its latest bet in the fashion segment by agreeing to invest in Universal Sportsbiz(USPL) which markets brands endorsed by celebrities.
06/11/2020

Unitus Capital to roll out debut fund focussing on social impact

Unitus Capital a Bengaluru-based financial advisory firm is in the process of launching a debut fund.
05/11/2020

JAFCO Asia, Team Fund infuse fresh capital into med-tech startup DocsApp

Bengaluru-based Phasorz Technologies, which operates online doctor consultation platform DocsApp, has raised INR 58.63 crore in a funding round led by JAFCO Asia Tech Fund and Team Fund. Palo Alto-based venture capital firm FinSight I Ventures participated in the round.
05/11/2020

Edtech startup Lattu Kids raises seed capital

Lattu Media, which runs edtech platform Lattu Kids, has raised an undisclosed amount in a seed funding round from Mumbai Angels Network.
05/11/2020

Stones2milestones raises INR 19 Crore bridge funding led by Unreasonable Capital

Gurugram-based education technology firm Stones2milestones, which owns and operates Freadom, has raised around INR 19 crore in a bridge funding round led by existing investor Unreasonable Capital and its limited partner, Goldhrish Foundation.
05/11/2020

Fosun-backed LetsTransport raises INR 56 crore in extended Series B funding

Diptab Ventures Pvt. Ltd, which operates the last-mile intra-city logistics marketplace LetsTransport, has raised INR 56 crore in an apparent extension of its Series B funding round from investors including the DS Group, Bertelsmann, Japan’s Mitsui Sumitomo, Rebright Partners and Altes Global.
05/11/2020

Inflexor Ventures invests in Steradian Semiconductors

Early-stage technology-focused VC fund Inflexor Ventures, has invested an undisclosed sum in Steradian Semiconductors, which is developing 4D imaging radar solutions for autonomous vehicles.
05/11/2020

Venture Catalysts leads pre-Series A funding in EV services startup Charge+Zone

TecSo Charge Zone Pvt Ltd, which operates electric vehicle (EV) charging startup Charge+Zone, has raised USD 3 million in a pre-Series A funding round. The round in Vadodara-based Charge+Zone has been led by startup incubator and accelerator Venture Catalysts with participation from the Mumbai Angels Network, Keiretsu Forum, and the […]
05/11/2020

Avaana Capital, Rebright Partners invest in poultry-focussed Eggoz

Nupa Technologies Pvt. Ltd, which operates agricultural-technology and poultry farming startup Eggoz, has raised USD 1.5 million in fresh capital from new investors. The funding was raised from Avaana Capital, a mid-market private equity firm floated by former TPG executive Anjali Bansal, and venture capital firm Rebright Partners.
04/11/2020

Unicorn India Ventures bets on insurance-tech startup Fedo

Fedo Health Technologies Pvt Ltd, an insurance-technology startup focussed on automating processes in the health and life insurance segments, has raised USD 1 million in a pre-Series A funding round led by Unicorn India Ventures. Other participants in this round include the SEA Fund and former Max Bupa managing director […]
04/11/2020

IAN Fund leads pre-Series A funding in reverse logistics firm Bizlog

Bizlog, a reverse logistics solutions provider, has raised INR 12 crore in a pre-Series A funding round led by IAN Fund, the debut fund of the Indian Angel Network (IAN).
04/11/2020

Snapdeal founders, others invest in social gaming platform Tamasha

Gamepe Technologies Pvt Ltd, which operates influencer-led live social gaming platform Tamasha.live, has raised INR 2.5 crore in a seed funding round from 9Unicorns, Titan Capital and First Cheque. Other participants in this round include PointOne Capital and angels.
04/11/2020

Greycroft leads Series A funding in HR-tech startup Leena AI

Leena AI, a human resources technology startup, has raised USD 8 million in a Series A funding round led by venture capital firm Greycroft Partners.
03/11/2020

Rivigo kicks off Series G round with INR 84.4 Crore tranche from Elevation Capital

Surface logistics company Rivigo has secured INR 84.4 crore in its Series G funding round from the existing backer Elevation Capital (formerly SAIF Partners).
03/11/2020

Edtech Startup Expertrons Raises Funding From IvyCap Ventures, Plans Big Tech Push

Mumbai-based edtech startup Expertrons has raised an undisclosed amount from venture capital fund IvyCap Ventures. The round saw participation from the startup’s existing investors such as Iceland Venture Studio and Sarcha Advisors.
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