Archive News


Amazon in talks with NinjaCart to put funds in fresh produce space

Amazon has held discussions with Bengaluru-based B2B fresh produce supply chain company NinjaCart for a potential investment.

Lightspeed, Snapdeal founders back AI platform Yellow Messenger

Conversational artificial intelligence (AI) platform Yellow Messenger has raised USD 4 million in a Series A funding round from Lightspeed Venture Partners and other angel investors.

Facebook invests in social commerce startup Meesho

Social networking giant Facebook Inc has invested in Bengaluru- and California-based Meesho, an online marketplace for resellers, five years after first acquiring an Indian startup.

Former Souq,com owner invests in B2B e-commerce platform Arzooo

Arzooo, a business-to-business (B2B) e-commerce platform floated by two former Flipkart executives, has raised USD 1 million in a pre-Series A round of funding.

Risers Accelerator invests in organic skincare product maker Cosmetofood

Startup accelerator Risers Accelerator has invested INR 1 crore in ayurvedic organic skincare product maker Cosmeto Food Organic Pvt Ltd, which sells its products under the Cosmetofood brand.

Indian Angel Network, Emergent Ventures invest in logistics aggregator Cogos

Intra-city logistics aggregator Cogos Technologies Pvt Ltd has raised USD 1 million from the Indian Angel Network (IAN), Emergent Ventures and high-net-worth individuals.

Jumbotail raises INR 90 crore in Series B funding

Jumbotail, an online wholesale marketplace for food and grocery products, has raised INR 90 crore in a Series B round of funding led by Heron Rock, with participation from Capria Fund, BNK Ventures and William Jarvis and existing investors, Nexus Venture Partners and Kalaari Capital.

Venture Catalysts backs SaaS-based customer interaction platform Jumpstart

Startup incubation platform Venture Catalysts has invested an undisclosed sum of money in customer interaction platform Jumpstart.

Rapido in final stages of closing USD 50 million round

Rapido Bikes is in the final stages of closing a $50 million funding round, led by private equity firm WestBridge Capital.

Oyo eyes USD10 billion valuation in new USD1 billion funding round

Oyo Hotels & Homes is in talks for a fresh round of funding, which is likely to see the seven-year-old startup’s valuation hit the USD 10-billion mark.

Industrial IoT platform Syook gets funding from Inflection Point Ventures

Industrial Internet of Things (IIoT) startup Syook has raised an undisclosed amount in funding from Inflection Point Ventures.

Book community platform Vowelor raises pre-Series A funding

Vowelor, a startup that provides a real-time interactive platform for book lovers, has raised INR 1 crore in a pre-Series A funding round led by angel investor Sanjeev Juneja.

Tiger Global, others put USD 15,5 million in OkCredit

OkCredit, a cloud-based digital application provider for micro-merchants, has raised USD 15,5 million, in one of the largest Series-A funding rounds for an Indian startup.

SaaS startup Dockabl secures pre-Series A funding

Employee performance management platform Dockabl has raised $1.26 million (around Rs 8.73 crore at the current exchange rate) in a pre-Series A funding round from Aditya Berlia of the Apeejay Group of Companies and Ritesh Malik of Guerilla Ventures.

Twitter may invest more than USD 50 million in ShareChat

Twitter is likely leading a USD 100 million financing round in local language social networking app ShareChat.

CityFurnish gets USD 5 million from YouTube founder, others

Online furniture and consumer appliances rental company CityFurnish has raised USD 5 million from a clutch of investors in its Series round of equity financing.

Alteria leads INR 25 crore funding in scooter-sharing firm Vogo

Alteria Capital has led a INR 25 crore venture debt round in dockless scooter sharing platform Vogo, the Mumbai-based specialty credit financing firm.

Content firm Pratilipi raises INR 105 crore

Pratilipi, a platform that enables users to read, write and listen to stories in local languages, has raised INR 105 crore, led by China-based Qiming Venture Partners.

General Atlantic leads USD 51 million NoBroker funding

Private equity firm General Atlantic has led a USD 51 million investment round in real estate platform NoBroker, Rocketship,vc, along with existing investors Beenext Ventures and SAIF Partners, also participated in the round.

SoftBank may pump up to USD 500 million in Indian food delivery startup Swiggy

Food delivery startup Swiggy is in advanced talks to raise as much as USD 1 billion from investors, including USD 300-500 million from SoftBank Group.

Mumbai Angels Network backs digital documentation platform Leegality

Digital documentation platform Leegality has raised an undisclosed sum of money in a round led by Mumbai Angels Network.

Jadooz raises INR 1,85 crore in seed funding led by Artha Venture Fund.

Entertainment startup Jadooz Media Solutions has raised INR 1,85 crore of seed funding in a round led by Artha Venture Fund.

Unilever Ventures, others put USD 10,5 million in MilkBasket

Grocery and milk delivery startup Milkbasket has raised USD 10,5 million, led by existing investor Unilever Ventures along with Mayfield India, Kalaari Capital, Blume Ventures.

China firms look for inroads into India’s P2P lending space

A host of Chinese companies, including WeShare, 9F Group and CashBUS, are exploring investment opportunities in the nascent Indian online lending sector, particularly in the peer-to-peer (P2P) lending segment.