Archive News

05/10/2020

Log analytics platform Coralogix raises USD 25 Million in Series B round

Israel- and Mumbai-based Coralogix, provider of ML-powered log analytics and monitoring solution, has raised a USD 25 million Series B funding round. New investors such as Red Dot Capital Partners and OG Tech VC (backed by Eyal Ofer) co-led the round with participation from existing investors Aleph VC, StageOne Ventures, […]
01/10/2020

Cleantech startup GPS Renewables raises USD 3M led by Triodos and Caspian

Bangalore-based cleantech startup GPS Renewables, has raised USD 3 million in a Series A funding, led by Netherlands based Hivos-Triodos Fund and Hyderabad-based Caspian.
01/10/2020

Edtech startup Codeyoung raises seed round from Guild Capital

Codeyoung, a Bengaluru-based startup that provides live online coding classes to K12 students, has raised an undisclosed amount in a seed round of funding led by US-based VC firm Guild Capital.
01/10/2020

Mela Ventures, 1Crowd lead pre-Series A funding for SaaS firm Infilect

Infilect Technologies Pvt Ltd, a software-as-a-service (SaaS) startup that provides retail-focussed visual intelligence, has raised USD 1.5 million in a pre-Series A funding round led by Mela Ventures and 1Crowd. The Chennai Angels also participated in this round.
01/10/2020

Lee Fixel backs Inshorts’ social network in first India bet from new fund

Location-based social network Public App, which was launched by English news aggregator Inshorts last year, has raised USD 35 million from three investors. The investors include a new fund ‘Addition’ floated by former Tiger Global executive Lee Fixel, SIG Global, and Tanglin Venture Partners.
01/10/2020

Global home-building charity pumps money into sanitation solutions firm ECOSTP

Bengaluru-based clean-tech firm ECOSTP has raised INR 1.9 crore from Habitat for Humanity’s Terwilliger Center for Innovation in Shelter, which has invested through its Shelter Venture Fund.
01/10/2020

Legal-tech firm Legal Salah pulls in seed capital

Legal Salah Solutions Pvt. Ltd, a legal-technology startup focussed on providing law and taxation services, has raised USD 1 million in seed funding from I2I Capital, a family fund composed of angel investors.
01/10/2020

Saama Capital leads Series A funding for Gurugram-based Sunstone Eduversity

Sunstone Education Tech Pvt Ltd, which operates higher education-focussed Sunstone Eduversity, has raised INR 24 crore in a Series A funding round led by India-focussed venture firm Saama Capital. Other participants in this round include Helion Advisors managing director Ashish Gupta and PeopleStrong co-founder Pankaj Bansal.
01/10/2020

Health-tech startup Maatri raises angel funding

Maatri, a digital health platform, has raised USD 300,000 in its first external round of funding from two high-net-worth individuals.
30/09/2020

Singapore trading house founder leads funding for electric vehicle startup Etrio

Etrio Automobiles an electric vehicle (EV) startup has raised USD 3 million in a Series A funding round
30/09/2020

Coursera backer Learn Capital bets on StayQrious in first India deal

Education technology startup StayQrious India has raised USD 2 million in a seed funding round
29/09/2020

Venture Catalysts backs competitive exams-focussed ed-tech firm 7Classes

Venture Catalysts, incubator and accelerator platform, has invested an undisclosed amount in 7 Classes,a competitive exams-focussed education-technology platform.
29/09/2020

Sales acceleration startup SquadStack raises USD 5 million

San Francisco and Delhi-based sales acceleration startup SquadStack has raised USD 5 million in a Series A funding round led by Chiratae Ventures, with participation from existing investor Blume Ventures.
29/09/2020

B2B ecommerce startup ShipsKart raises Pre-Series A round from Betatron

ShipsKart, Delhi-based B2B ecommerce startup, has raised USD 2,25,000 in its Pre-Series A funding round led by VC firm and startup accelerator Betatron.
29/09/2020

Agritech startup AgroWave raises USD 500K from US-based investor

Gurugram-based AgroWave has raised around USD 500K in funding from US-based investor Sekhar Puli. AgroWave is working to build sustainable supply chain for fruits and vegetables.
29/09/2020

Fitness platform Oga pulls in pre-Series A capital from Joyance Partners

Qvady Technologies Pvt Ltd, which operates fitness-focussed Oga Fit, has raised funding as part of its pre-Series A round funding from the United States-based Joyance Partners.
29/09/2020

Sequoia-backed fintech firm Smallcase snags Series B funding

Smallcase Technologies Pvt. Ltd, a capital markets-focussed financial technology startup, has raised USD 14 million in a Series B fundraising round led by asset management group DSP. Existing investors Sequoia Capital India, Blume Ventures, Beenext and WEH Ventures also participated.
28/09/2020

Japan’s MonotaRO invests USD 15 Million in JV with Industrybuying.com

MonotaRO Co Ltd, Japan’s largest MRO B2B ecommerce company, has invested USD 15 million in a joint venture with Emtex Engineering to grow the latter’s SME (small and medium enterprises) ecommerce business in India. MonotaRO will own 51.6 percent stake in the JV, IB monotaRO Pvt Ltd, while the rest […]
28/09/2020

Delhi-based MobiGarage raises pre-Series A round from US-based SOSV

Delhi-based MobiGarage, a mobile hardware and service platform, has raised an undisclosed amount of funding in its ongoing pre-Series A round from the US venture capital fund SOSV.
28/09/2020

Chiratae leads seed funding in healthcare startup WeInnovate Biosolutions

Venture capital firm Chiratae Ventures has led an undisclosed seed investment in infection prevention and control startup WeInnovate Biosolutions Pvt. Ltd. The startup was part of Chiratae’s DeepTech Innovators program.
28/09/2020

Insurance-tech startup i3 Systems raises USD 1.5 Million from Unitus Ventures, others

Mumbai-based insurance-tech startup i3 Systems has raised USD 1.5 million from Unitus Ventures in a pre-Series A round of funding. Reliance Industries CFO Alok Agarwal and Zhooben Bhiwandiwala, President, Mahindra Partners co-invested along with Unitus Ventures.
25/09/2020

Unacademy acquires test preparation startup Coursavy

Unacademy has acquired test preparation startup Coursavy for an undisclosed sum, as the SoftBank-backed education technology platform looks to strengthen its position in the Union Public Service Commission (UPSC) examinations category.
25/09/2020

Rephrase.ai raises USD 1.5 Million seed round led by Lightspeed Ventures

Rephrase.ai, the Bengaluru-based AI-led synthetic media production startup, has raised USD 1.5 million in seed funding led by Lightspeed Ventures and AV8 Ventures.
25/09/2020

Twitter-backed ShareChat nets USD 40 million to boost short video platform Moj

Mohalla Tech Pvt. Ltd, which operates social networking and content platform ShareChat, has raised USD 40 million in a pre-Series E funding round from a clutch of investors. Hero MotoCorp Ltd chairman Pawan Munjal and DCM Shriram chairman Ajay Shridhar Shriram, who invested through the family office of the company’s […]
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