Archive News

10/04/2019

Naukri parent writes another cheque to footwear marketplace ShoeKonnect

Info Edge (India) Ltd, the parent of jobs portal Naukri and real estate website 99acres,com, has invested an additional INR 6 crore in online business-to-business footwear marketplace ShoeKonnect.
10/04/2019

South Korean VC firm leads Series A round in payments gateway firm Cashfree

Bengaluru-based payment gateway startup Cashfree has raised INR 38 crore in its Series A funding round led by South Korean venture capital firm Smilegate Investment
10/04/2019

Emergent Ventures invests in software firm Kuliza

Software company Kuliza Technologies Pvt Ltd has raised USD 3 million from Silicon Valley-headquartered venture capital firm Emergent Ventures.
10/04/2019

Med-tech startup SigTuple gets new investor in Series C round

Medical-technology startup SigTuple Technologies Pvt Ltd has raised USD 16 million in a Series C round of funding led by Trusted Insight, a US-based networking platform for institutional investors.
09/04/2019

Healthcare app mfine in talks to raise USD 17 million

Healthcare app mfine is in talks to raise USD17 million, led by private equity firm SBI Ven Capital
09/04/2019

Hospitality firm V Resorts raises Series A capital from HNIs, existing investors

New Delhi-based Bliss Inns Pvt Ltd, which runs an asset-light resort management company under the brand name V Resorts, has raised USD 10 million in its Series A round of funding from a clutch of wealthy individuals.
05/04/2019

Zephyr-backed potato seeds firm Utkal Tubers secures capital from Irish investor

Bengaluru-based potato seeds firm Utkal Tubers India Pvt Ltd has raised INR 10 crore in a fresh funding round from Irish strategic investor IPM Potato Group Ltd.
05/04/2019

Eagle10 leads pre-Series A funding in electric utility vehicles maker Pi Beam

Pi Beam Labs Pvt Ltd, a startup that makes electric utility vehicles,has raised an undisclosed amount in a pre-Series A round led by Bengaluru-based early-stage investor Eagle10 Ventures and joined by venture capital firm Bluehill Capital and high net worth individuals (HNIs).
05/04/2019

BharatPe raises USD 15.5 million funding from Insight Partners, Sequoia and Beenext

Fintech startup BharatPe has raised INR 106 crore in funding from global venture capital and private equity firm Insight Partners and existing investors, Sequoia and Beenext.
04/04/2019

Rel Jio digital buys majority stake in Haptik for INR 700 crore

Reliance Industries (RIL) has acquired a majority stake in Mumbai based Artificial Intelligence-based conversational platform Haptik for INR 700 crore.
04/04/2019

SoftBank is said to seek USD15 billion .

The Japanese conglomerate, is in talks with investors to add as much as USD 15 billion more to its already-massive fund.
04/04/2019

Indian Angel Network invests more in cataloguing startup Flatpebble

Flatpebble, an artificial intelligence-driven cataloguing platform, has raised a bridge round of funding led by seed-stage investment platform Indian Angel Network (IAN).
03/04/2019

Inventus India, IAN Fund back local discovery platform LBB

Iluminar Media Pvt Ltd, which owns and operates curated local discovery and e-commerce platform Little Black Book (LBB), has raised USD 5 million in a Series A round of funding led by investment firms Inventus India and IAN Fund.
02/04/2019

Indifi’s Alok Mittal, other angels back hyperlocal delivery platform Baxi Fresh

Three months after pivoting from a bike taxi service to a hyperlocal delivery platform, Gurugram-based Baxi Fresh (earlier Baxi) has raised a bridge funding round from some of its existing angel investors.
02/04/2019

Everstone scores one of its best exits as General Atlantic strikes a control deal

Private equity firm Everstone Capital has agreed to exit drug delivery technology company Rubicon Research by selling its controlling stake to US-based PE firm General Atlantic.
02/04/2019

Airbnb bets on OYO in Series E round

San Francisco-based home-sharing marketplace Airbnb has invested an undisclosed sum in SoftBank-backed budget hospitality chain OYO.
02/04/2019

Zodius Technology Fund invests more in lingerie e-tailer Zivame

Lingerie e-tailer Zivame has raised INR 60 crore in a bridge round of funding.
01/04/2019

TPG’s INR 100 crore to take Nykaa’s valuation to INR 5 k crore

Online beauty and skincare retailer Nykaa has raised INR 100 crore in primary capital from TPG Growth.
29/03/2019

Mirae Asset leads USD150-million investment round in BigBasket

SuperMarket Grocery Supplies Pvt Ltd, which owns online grocer BigBasket, is raising USD 150 million in a fresh round of funding led by South Korean firm Mirae Asset.
29/03/2019

Tomorrow Capital backs interior home design company Bonito

Interior home design company Bonito Designs Pvt Ltd has raised INR 43 crore as part of its pre-Series A funding round  from early-stage strategic investment fund Tomorrow Capital.
28/03/2019

China’s BabyTree invests in Omidyar-backed parenting platform Healofy

Vivoiz Healthtech Pvt Ltd, which owns and operates maternity and childcare social networking platform Healofy, has raised USD 8 million  in fresh funding.
28/03/2019

PharmEasy and Ascent Health in merger talks

Online drugs retailer PharmEasy and pharmaceutical distribution company Ascent Health and Wellness are in talks for merger.
28/03/2019

Paytm raising up to USD 2 billion; valuation may soar to USD 18 billion

Online payments services company Paytm is in the midst of raising USD 2 billion from existing investors SoftBank Vision Fund and Alibaba’s financial affiliate Ant Financial.
27/03/2019

Sequoia, Leo Capital invest in MakeMyTrip co-founder’s new venture

Influencer-driven online commerce app Bulbulshop Shopping Network has raised around USD 2 million in funding from a clutch of investors.
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