Archive News

08/07/2021

AI-led startup Fountain9 raises USD 1.9 Million in seed round led by 021 Capital, Y Combinator

AI-led startup in the predictive inventory planning space Fountain9, has raised a seed round of USD 1.9 million from 021 Capital, Y Combinator, Titan Capital, US-based new-age VC firm Globevestor, Harvard Seed Fund, and climate change mission-driven German investment firm Blue Impact Ventures.
08/07/2021

D2C brand Earth Rhythm raises USD 1.2 Million seed round from Anicut Angel Fund

Gurugram-based clean beauty personal care D2C brand Earth Rhythm, has raised USD 1.2 million seed funding from Anicut Angel Fund, the equity arm of Anicut Capital.
08/07/2021

Alteria Capital invests in construction materials marketplace Infra.Market

Infra.Market, a marketplace for construction materials, has raised INR 100 crore in venture debt funding from Alteria Capital.
08/07/2021

BeatO Raises INR 42 Crore Funding Led By W Health Ventures

Digital care ecosystem for chronic condition management BeatO, has raised INR 42 crore in funding led by the US-based venture capital firm W Health Ventures. The funding also saw participation from PharmEasy, Merisis VP, and existing investors Orios VP, Leo Capital, and others.
07/07/2021

Alcobev startup RockClimber raises USD 1 million in pre-Series A funding

RockClimber, an alcoholic beverage brand, has raised USD 1 million from angel investor Anand Prakash Sharma in a pre-Series A funding round.
07/07/2021

Conversational AI startup CoRover raises undisclosed sum from Canbank Venture Capital Fund

Bengaluru-based conversational AI startup CoRover Private Limited, has raised an undisclosed amount from Canbank Venture Capital Fund Ltd (CVCFL). This is the first round of institutional funding raised by the company that claims to be the first human-centric conversational AI company in India.
07/07/2021

Cloud platform Neverinstall raises USD 375K seed round from Speciale Invest

Neverinstall, a startup building a cloud platform to bring any graphical user interface application regardless of OS and device type to the browser, has received around USD 375,000 in seed round. The investment is led by deep-tech venture capitalist Speciale Invest.
07/07/2021

Pocketly raises undisclosed sum from angel investors and micro VCs

Pocketly, a microlending platform for college students, has raised an undisclosed amount of funding led by marquee angels. Other investors were micro VCs such as Prophetic Ventures, Dholakiya Ventures, RIIDL, and Scale VC.
07/07/2021

Medical device distributor Genworks Health raises INR 15 Crore from Blacksoil

GE Wipro-backed Genworks Health, a medical device distributor in Tier II/III India, has raised INR 15 crore from Blacksoil. The company has tied up with various OEMs and has expanded its product portfolio to cover the entire “care cycle” of a patient – from screening to diagnosis to treatment and […]
07/07/2021

Iron Pillar Raises USD 10 Million From Allana Group For Second Growth Stage Fund

Growth stage investor Iron Pillar has announced receiving an investment of USD 10 Million from food and meat export giant Allana Group in its Fund II. The second fund has already invested in SaaS startups CoreStack and Ushur.
06/07/2021

Fintech platform Pine Labs announces USD 600 Million round led by Fidelity and BlackRock

Pine Labs Pvt. Ltd., a payments platform for merchants in India and Southeast Asia, has raised USD 600 million led by Fidelity Management & Research Company and BlackRock Inc. Investors participating in the round included a fund advised by Neuberger Berman Group LLC and India’s IIFL Finance Ltd. and Kotak […]
06/07/2021

Crowdsourcing platform MyMobiForce raises USD 1.42 Million led by Bharat Inclusion Seed Fund

MyMobiForce an online marketplace to connect Field workers with Service companies, has raised USD 1.42 million as part of its pre-Series A round led by Bharat Inclusion Seed Fund, with participation from a group of angels led by Manu Iyer of Bluehill Capital, Acsys Investments, and Ashutosh Agrawal.
06/07/2021

Leadership development startup PeakPerformer raises early-seed round from Antler India

PeakPerformer, a coaching platform for managers, has raised early-seed funding from global venture capital firm Antler India. Gaurav Munjal and Saket Agarwal, Founder of Onnivation also participated in this round.
06/07/2021

Rewards-based payment network TWID raises USD 2.5 Million led by BEENEXT, Sequoia’s Surge

Rewards-based payment network TWID (That’s What I Do) raised USD 2.5 million led by BEENEXT and Sequoia Capital India’s Surge. The round also saw participation from angel investors Kunal Shah, Rajul Garg and YourNest India.
06/07/2021

Assisted living space startup Arcatron Mobility raises growth financing through Klub

Pune based assisted living startup Arcatron Mobility, that manufactures next-generation mobility devices, has raised an undisclosed amount in growth financing through revenue-based financing platform, Klub.
06/07/2021

Leegality Raises Pre-Series A Funding From IIFL

Gurugram-based document execution platform Leegality, has raised pre-Series A funding led by IIFL Securities Capital Enhancer Fund. Existing investors including Mumbai Angels also participated in the round.
06/07/2021

Skylark Drones raises USD 3 Million led by InfoEdge Ventures and IAN Fund

Drone platform startup Skylark Drones, has raised USD 3 million in a pre-series A funding round led by InfoEdge Ventures and IAN Fund with participation from AdvantEdge Founders, Fowler Westrup, Redstart Labs, IKP and Vimson Group.
06/07/2021

Logistics startup Locad gets seed funding from Sequoia Surge, others

Logistics and supply chain management integrator Locad, has raised USD 4.9 million in funding, in a seed round led by Sequoia Capital India’s Surge, with participation from Antler, Febe Ventures, Foxmont, Global Founders Capital, Gokongwei Family, and Hustle Fund.
05/07/2021

Sweden’s MTG acquires Indian games developer PlaySimple for USD 360 million

Swedish gaming company Modern Times Group (MTG) has acquired Bengaluru-based word games developer PlaySimple for USD 360 million, in a cash and stock deal. MTG, which bought the company through subsidiary MTG Gaming, will pay 77% of the acquisition price in cash and the remaining through its Class B shares.
05/07/2021

Furlenco raises INR 1,000 Crore led by Zinnia Global

Furniture rental startup Furlenco, has raised INR 1,000 crore in a mix of debt and equity as part of its latest funding round led by Zinnia Global Fund. Existing investors CE-Ventures and Lightbox Ventures also participated in this round.
05/07/2021

Gaming startup WinZO raises USD 65 million from Griffin Gaming Partners

WinZO, an online gaming and entertainment platform, has raised USD 65 million in a Series C funding round led by California-based Griffin Gaming Partners, a global gaming fund.
05/07/2021

Licious raises USD 192 million led by Temasek, Multiples

Licious, a direct-to-consumer fresh meat and seafood brand, has raised USD 192 million as part of its Series F round, led by the Singapore government’s investment company Temasek, and Multiples Private Equity. Brunei Investment Agency also participated in the round.
05/07/2021

Digit Insurance valued at USD 3.5 billion in funding round led by Faering Capital

Bengaluru headquartered general insurance company Digit Insurance, has raised USD 200 million in a funding round led by returning investor Faering Capital. New participants in the round included Sequoia Capital India and IIFL Alternate Asset Managers among others. Digit Insurance has achieved a valuation of USD 3.5 billion.
02/07/2021

Fraazo raises USD 15 million from Sixth Sense Ventures, others

Fraazo, a direct-to-consumer brand in the fresh vegetables and fruits space, has raised USD 15 million in a Series A funding round led by Sixth Sense Ventures. Nabventrues and existing investors Equanimity Ventures, Apar Group and Asian Paints’ Manish Choksi also participated in the current round.
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