Archive News

03/06/2017

Startup Saturday Bangalore – “Hacking Sales”

An opportunity for startups to pitch to 200+ people and get valuable insights from expert speakers on hacking sales and getting their queries answered regarding sales
02/06/2017

Quintype’s Amit Rathore setting up two new funds for US, India investments

Silicon Valley-based Indian entrepreneur and investor Amit Rathore and two other US-based investors are launching two new funds with a combined corpus of about $244 million to invest in early-stage and late-stage technology ventures in countries including the US and India.
02/06/2017

Travel ERP platform Tripeur raises seed funding

Bangalore-based Shorebird Technologies Pvt Ltd, which operates travel enterprise resource planning platform Tripeur, has secured an undisclosed amount in seed funding led by Grace Grace Techno Ventures LLP.
02/06/2017

Beauty services platform Zooty raises follow-on funding

DocSuggest Healthcare Services Pvt Ltd, which runs beauty services app Zooty, has raised a follow-on round of funding from existing and new investors.
02/06/2017

Mumbai-based ​​Adesaa Welln​​ess raises angel funding

Adesaa Wellness Pvt Ltd, a Mumbai-based wellness startup, has raised an undisclosed amount of funding from angel investors.
01/06/2017

Quintype’s Amit Rathore setting up two new funds for US, India investments

Silicon Valley-based Indian entrepreneur and investor Amit Rathore and two other US-based investors are launching two new funds with a combined corpus of about $244 million to invest in early-stage and late-stage technology ventures in countries including the US and India.These two funds are going to invest in early-stage and […]
01/06/2017

$14.5 Million in coins to grow this Bitcoin Blockchain Fund

Bitcoin Growth Fund (BGF), a blockchain-based startup fund, closed its first fund raising with approx INR 95 crore as part of its initial coin offering (ICO).
31/05/2017

Hyper local discovery co MagicPin raises Series B funding

Gurugram-based hyper local discovery startup MagicPin has raised $7 million towards Series B from existing investor Lightspeed India Partners, Waterbridge Ventures, a $15 million venture fund floated by private equity veteran Manish Kheterpal and two global family offices.
31/05/2017

Rohto Pharma invests $5 million in SastaSundar Healthbuddy

Japanese firm Rohto Pharmaceutical Co has invested USD 5 million (over Rs 32 crore) to acquire 13 per cent stake in SastaSundar Healthbuddy Ltd.
31/05/2017

Jyoti Bansal invests in marketing automation platform Leadsquared

Silicon Valley-based tech entrepreneur Jyoti Bansal has invested an undisclosed amount in sales execution and marketing automation platform Leadsquared.
31/05/2017

Digital lending startup SimpliLend raises angel funding

Delhi-based Simplified Fintech Pvt Ltd, which operates online lending platform SimpliLend, has secured angel funding from HNIs based out of Singapore and India.
31/05/2017

Naspers leads $80 Million Series E round in food-delivery startup Swiggy

Online food ordering startup Swiggy, which is run by Bengaluru-based Bundl Technologies Pvt Ltd, has secured $80 million (around Rs 517 crore) in its Series E round of funding led by South African technology group Naspers.
30/05/2017

Snapdeal gets $17.5 Million from Nexus, founders

Struggling online retail firm Snapdeal has received INR 113 crore in an emergency financing round from existing investor Nexus Venture Partners and the company’s co-founders Kunal Bahl and Rohit Bansal.
30/05/2017

Toro Finserv LLP launches India’s first Healthcare Real Estate Fund of $500 Million

Kapil Khandelwal, an investor, has launched India Healthcare Opportunities Fund (IHOP) as SEBI Alternative Investment Fund under Category 2 with a corpus of $500 million.
30/05/2017

Image processing startup Wowflux raises fresh funds

New Delhi-based image processing startup Wowflux Interactive Pvt Ltd has raised fresh funds from two high-net-worth individuals (HNIs) and an existing investor after it raised its first external funding last year.
30/05/2017

Mutual fund investment platform Nivesh.com raises angel round

Noida-based Providential Advisory Services Pvt Ltd, which runs mass market mutual fund investment platform Nivesh, has raised an angel round from VCCircle founder PV Sahad, former head of investor relations at Infosys Sandeep Shroff and Right Global Infosolutions CEO Rahul Gupta.
30/05/2017

Carpediem Capital invests INR 23 Crore in medical devices distributor Collateral Medical

Collateral Medical, a pan-India online distributor of medical devices, has raised a Series-A investment from Carpediem Capital.
30/05/2017

Logistics tech company LoadShare raises funding from Matrix Partners India

Logistics technology company LoadShare has raised an undisclosed amount from Matrix Partners India in a pre-Series A round.
30/05/2017

Valley bigwigs invests INR 10 crore in daily consumables startup Supr Daily

Daily consumables subscription firm Supr Daily has raised INR 10 crore from a clutch of Silicon Valley investors.
29/05/2017

Helion’s Rahul Chandra floats a $100-million venture capital

Helion Venture Partners’ managing director Rahul Chandra has floated a new venture capital called Unitary Helion, which is planning to raise a $100-million fund focused on deals in the financial technology space.
29/05/2017

Citrus Pay co-founder’s Cube Consumer raises seed funding

Mobile banking portal operator Cube Consumer Services Pvt Ltd, which was launched by co-founder of online payments company Citrus Pay, Satyen Kothari, has raised its first external funding.
26/05/2017

IFC invests $3 Million in AI-focused fund of pi Ventures now

International Finance Corporation (IFC), the investment arm of the World Bank Group, is investing $3 million in pi Ventures’ maiden fund. An early-stage investment firm, pi Ventures is focused on startups in the area of applied artificial intelligence, machine learning and internet of things (IoT).
26/05/2017

Family office of Lahari Music invests in two startups

The family office of Lahari Music, one of South India’s record labels, invested an undisclosed amount in two startups, a move that is aimed at diversifying its businesses beyond music. The investments are in Happn, a Paris-based global dating application with over 25 million users, and WhatsLoan, a fintech platform […]
25/05/2017

Foodpanda raises $431.45 Million, aims for a bigger bite of the foodtech pie in India

Prominent foodtech player Foodpanda announced a around INR 3,000 crore round of funding on Monday. South African broad-based multinational internet and media group Naspers has infused these funds into its parent company, the Germany-based food ordering and delivery marketplace Delivery Hero, which acquired Foodpanda from Rocket Internet.
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