Archive News

08/09/2020

Vulcan Capital leads seed funding in fintech startup Qapita

Qapita, a platform focussed on equity and transaction management for the private market, has raised USD 1.8 million in seed funding led by Vulcan Capital, the investment arm of Microsoft co-founder Paul Allen. Other participants in the round include Alto Partners Multi Family Office, Rippledot Capital chief executive officer Atin […]
08/09/2020

Deepika Padukone-backed BluSmart raises more pre-Series A funding

BLU Smart Mobility Pvt Ltd, which operates electric taxi-hailing and riding platform BluSmart, has raised more pre-Series A funding worth USD 7 million. Participants in this round include Inflection Point (IP) Ventures, Venture Catalysts, Suman Kant Munjal family office Survam Partners, Mumbai Angels, Chhattisgarh Investments Ltd, JITO and others.
08/09/2020

Cricket commentator Harsha Bhogle invests in gaming platform Fantasy Akhada

Cricket commentator and analyst Harsha Bhogle has invested an undisclosed amount in Fantasy Akhada, a cricket- and football-focussed fantasy sports platform. As part of this investment, Bhogle has also entered into a long-term agreement with the company to serve as its brand ambassador.
07/09/2020

Indore SaaS startup BuildPan raises USD 500K in seed round, valuation jumps to USD 5 Million

SaaS platform BuildPan,has raised USD 500,000 from SOSV, along with 9point8 and PayPal India Head. With this funding, the Indore-headquartered SaaS startup’s valuation jumped to USD 5 million.
07/09/2020

Video-based social commerce platform Eloelo raises USD 450K in seed round led by Waterbridge

Bengaluru-based beauty, health and wellness social commerce platform Eloelo, has closed a seed round of USD 450,000 funding led by Waterbridge Ventures.
07/09/2020

Arka Venture Labs invests undisclosed amount in Nirmata

San Francisco-based Kubernetes management platform Nirmata, has raised an undisclosed amount in investment from Arka Venture Labs.
07/09/2020

Deep tech startup Vicara raises seed round led by ITI Growth Opportunities Fund

Bengaluru-based motion analytics and gesture recognition startup Vicara has raised an undisclosed seed round led by ITI Growth Opportunities Fund.
07/09/2020

Agri-tech startup Aibono pulls in fresh capital from Rebright, others

Aibono Smart Farming Pvt. Ltd, which offers an artificial intelligence-powered fresh food aggregation platform, has raised USD 2 million in fresh capital from venture capital firm Rebright Partners, Mitsui Sumitomo Insurance Venture Capital and Lesing Artha, a subsidiary of Rianta Capital.
04/09/2020

TVS Motor infuses additional INR 30 crore in Ultraviolette Automotive

TVS Motor has infused an additional INR 30 crore in Ultraviolette Automotive, an electric mobility solution provider. This investment is part of the Series B round of funding by the company.
04/09/2020

Travel-tech startup Railofy collects seed cheque from Chiratae

Rodeo Travel Technologies Pvt. Ltd, which offers online ticket booking services through its Railofy app, has raised INR 7 crore in seed funding from venture capital firm Chiratae Ventures.
04/09/2020

Singapore, New York funds place first India bet on vernacular gaming platform WinZO

Tictok Skill Games Pvt Ltd, which operates vernacular real-money gaming platform WinZO, has raised USD 18 million in a Series B fundraising round led by Singapore-based Makers Fund and New York-based Courtside Ventures. Existing investor Kalaari Capital also participated in the round.
04/09/2020

SoftBank leads Series C funding for Sequoia-backed Biofourmis

Digital therapeutics firm Biofourmis Singapore Pte Ltd has raised USD 100 million in a Series C round of financing led by SoftBank’s Vision Fund 2.Other participants in this round include existing investors Openspace Ventures, MassMutual Ventures, Sequoia Capital and EDBI.
04/09/2020

Logistics service platform Trukky gets funding from Mumbai Angels Network

Trukky Logistics Services Pvt. Ltd, which operates an on-demand transportation platform, has raised an undisclosed funding from the Mumbai Angels Network.
04/09/2020

TPG-backed home renovation platform Livspace snags Series D funding

Livspace, a Singapore-headquartered home renovation platform, has raised USD 90 million from Kharis Capital, Venturi Partners, Singapore’s EDBI and Peugeot family holding company FFP. The series D funding also included backing from existing investors Ingka Investments, the investment arm of IKEA’s owner, TPG Growth, Goldman Sachs and Bessemer Ventures.
03/09/2020

Tiger & Kora in USD 250 Million Zomato funding round

Food ordering and restaurant discovery platform Zomato, has raised around USD 250 million collectively from Tiger, Kora and Singapore’s sovereign wealth fund Temasek, an existing investor. For now, Temasek has invested USD 60 million, while around USD 100 million each is coming from Tiger Global and Kora, a hedge fund […]
03/09/2020

Unacademy raises USD 150 Millionn round led by SoftBank at USD 1.45 Billion valuation

Unacademy has raised USD 150 million in a fresh round led by Softbank at a staggering valuation of USD 1.45 billion. Existing backers Facebook, Sequoia Capital, Nexus Venture Partners and Blume Ventures also participated in the round.
03/09/2020

Emotion analytics startup Entropik raises funding from Abu Dhabi fund, others

Entropik Technologies Pvt Ltd, an artificial intelligence startup focussed on emotion analytics, has raised USD 8 million in Series A funding led by Alpha Wave Incubation. Other participants in the round include existing investors Bharat Innovation Fund and IDFC Parampara Early Stage Opportunities Fund.
03/09/2020

3one4 Capital hits first close of third VC fund

Early-stage venture capital firm 3one4 Capital, has marked the first close of its third fund that seeks to raise USD 100 million, which is more than double the size of its previous fund. The new fund has received subscription for 40% of its targeted corpus.
03/09/2020

Abu Dhabi-backed fund leads funding for solar software startup Sensehawk

Solar software startup Sensehawk Technologies Pvt Ltd, has raised USD 5.1 million in fresh capital as part of its extended Series A funding round led by Alpha Wave Incubation, which is backed by Abu Dhabi’s state entity ADQ and managed by Falcon Edge Capital. Existing investor SAIF Partners also participated […]
03/09/2020

PremjiInvest-backed Koye Pharmaceuticals raises debt capital

Mumbai-based Koye Pharmaceuticals Pvt. Ltd has raised INR 30 crore debt capital from non-banking financial company BlackSoil Capital.
02/09/2020

Raghav Bahl-backed Quintype raises Series A funding from IIFL AMC

Quintype Technologies Pvt Ltd, which operates a software-as-a-service platform focussed on digital media publishers, has raised INR 25 crore in a Series A funding from IIFL AMC, which invested via its IIFL Seed Ventures Fund – Series 2 vehicle.
02/09/2020

Dunzo raises USD 16 million in first tranche of growth round from Google, Lightstone

Bengaluru-based Dunzo Digital, which runs an eponymous hyperlocal logistics platform, has raised about USD 16 million from returning investors Google and Lightstone in a growth funding round.
02/09/2020

Consumer electronics maker boAt pulls in venture debt from InnoVen

Imagine Marketing Pvt. Ltd, a startup that makes consumer electronics products under the boAt brand, has raised INR 25 crore in debt funding from InnoVen Capital.
01/09/2020

9Unicorns makes first close of INR 300-crore fund

Startup incubator Venture Catalysts has made the first close of its accelerator fund 9Unicorns at INR 100 crore. Modelled on the lines of Silicon Valley’s influential startup accelerator Y Combinator, the fund has a target corpus of INR 300 crore.
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