Archive News

14/06/2021

DeFi startup Instadapp raises USD 10 million in funding

Decentralised finance (DeFi) startup Instadapp has raised $10 million in funding from venture capital firm Standard Crypto, and strategic partners, including Yearn founder Andre Cronje, DeFi Alliance, Longhash Ventures, among others.
14/06/2021

Fintech startup Chqbook raises USD 1 Million from InnoVen Capital to increase its loan book

Chqbook is a fintech startup that allows customers to explore, compare, book and get personal finance products, has raised USD 1 million from InnoVen Capital. The company intends to use the funds raised to increase its loan book.
11/06/2021

Hygiene and wellness brand Pee Safe raised INR 25 Crore in Pre-Series B round

Hygiene and wellness brand Pee Safe, has raised INR 25 crore in a Pre-Series B round, led by entrepreneur and investor Shaival Desai and existing investor Alkemi Growth Capital.
11/06/2021

B2B buyer intelligence startup Slintel raises USD 20 Million in Series A round led by GGV Capital

B2B buyer intelligence startup Slintel has raised USD 20 million in Series A funding led by GGV Capital. The round also saw participation from existing investors Accel, Sequoia Capital India, and Stellaris Venture Partners.
11/06/2021

Eightfold AI raises USD 220 Million in Series E round led by Softbank Vision Fund 2

Eightfold AI, a talent matching platform, has raised USD 220 million in Series E round led by SoftBank’s Vision Fund 2. This funding round also saw participation from existing investors like General Catalyst, Capital One Ventures, Foundation Capital, IVP, and Lightspeed Venture Partners.
11/06/2021

Nutraceuticals startup Wellbeing Nutrition raises undisclosed sum from Klub

Wellbeing Nutrition, a Mumbai-based organic plant-based nutrition startup, has raised an undisclosed amount in growth financing through Revenue Based Financing platform, Klub.
11/06/2021

EV tech startup Cell Propulsion raises USD 2 Million from existing investors

Mobility and electric vehicle technology startup Cell Propulsion raised USD 2 Million in debt and equity round from existing investors. Endiya Partners, growX Ventures, Huddle Accelerator and Micelio were the key investors in this round.
11/06/2021

Low-code interactive customer engagement platform CustomerGlu raises USD 320k led by Better Capital, others

US and Bengaluru-based low-code interactive customer engagement platform CustomerGlu, has raised pre-seed funding of $320,000 led by Better Capital.The round also saw participation from angel investors.
11/06/2021

Kale Logistics raises USD 5 Million Series A investment led by Inflexor Ventures

IT solution provider focused on the logistics and airports industry Kale Logistics, has raised USD 5 million in Series A funding from Inflexor Ventures, a technology-focused VC fund. The round also saw participation from other existing investors.
11/06/2021

Edtech startup Leverage Edu raises USD 2 Million in debt round from Trifecta Capital

New Delhi-based foreign university admissions platform, Leverage Edu, has raised USD 2 million in a debt financing round from venture debt firm Trifecta Capital.
11/06/2021

Tech-based mentorship platform MentorKart raises USD 150K led by Startup Buddy’s founders

New Delhi-based mentorship patented platform MentorKart, has raised USD 150,000 in seed round led by Amit Singal and Manish Aggarwal, Founders of Startup Buddy. MentorKart offers specialised mentorship programmes for students, working professionals, and entrepreneurs.
11/06/2021

Fluid Ventures announces its first close of INR 25 Crore to invest in D2C startups

With an aim to support home-grown consumer startups, Gurugram-based Fluid Ventures has announced its first close of INR 25 crore as investment capital. The fund aims to invest in 15-18 startups in the food and beverages, beauty, personal care, lifestyle, and home products segments.
10/06/2021

Green energy startup Greenjoules raises USD 4.5 Million from Blue Ashva Capital

Greenjoules Pvt Ltd, a Pune-based green energy technology startup, has raised its Series A round of USD 4.5 million from Blue Ashva Capital through its Blue Ashva Sampada Fund. The funds raised are a combination of equity and debt and will be utilised to set up commercial-scale waste-to-energy plants and […]
10/06/2021

AI-enabled logistics startup Shyplite raises USD 1 Million from N+1 Capital

Shyplite, a Delhi-based AI-powered logistics platform that enables businesses to automate their logistics and increase shipping efficiency by providing a single-window platform integrated with multiple carriers, has raised USD 1 million from revenue-based growth capital firm N+1 capital.
10/06/2021

Credit platform Capital Float raises INR 50 Crore debt from Netherlands-based Triodos

Consumer and business loans company Capital Float, has raised INR 50 crore in debt funding from The Netherlands-based Triodos, for a period of three years. The company operates Buy Now Pay Later product, in partnership with online platforms and brands. It also offers a full suite of financial planning and […]
10/06/2021

Invoice factoring startup Reevoy raises seed round led by Stellaris Venture Partners

Invoice factoring startup Reevo,y has raised an undisclosed amount in seed funding led by Stellaris Venture Partners along with Better Capital and Startup Angel Network (SAN). The round also saw participation from Ashish Sharma, Kunal Shah, and others.
10/06/2021

BuyerAssist.io raises USD 2 Million in seed round led by Stellaris Venture Partners, Emergent Ventures

B2B buyer engagement platform BuyerAssist.io, has raised USD 2 million in seed financing led by Stellaris Venture Partners and Emergent Ventures. The round also saw participation from Better Capital and other angels.
10/06/2021

DST Global, RTP Global back real-time salary app Refyne

Refyne Tech, a Bengaluru-based startup that enables corporate employees to access earned wages in real-time, has raised USD 16 million in a Series A funding round led by DST Global and RTP Global. Existing investors QED Investors, Jigsaw VC, and XYZ Capital also participated in this round.
09/06/2021

SoftBank Vision Fund 2 leads Series D funding in Whatfix

Digital adoption solutions provider Whatfix, has raised USD 90 million as part of its Series D funding round led by SoftBank Vision Fund 2. Eight Roads Ventures, Sequoia Capital India, Dragoneer Investment Group, F-Prime Capital and Cisco Investments participated in the funding round.
09/06/2021

D2C home appliance brand Candes raises USD 3 Million from various marquee family offices of Delhi

Direct to Consumer (D2C) home appliance brand Candes, has raised uSD 3 million from various marquee family offices in Delhi. The round was led by Anuraag and Ruchirans Jaipuria along with Lotus Group Joint MD Nitin Passi and Redcliffe’s Dheeraj Jain.
09/06/2021

Healthtech Startup MediBuddy Raises INR 25 Crore In Debt

Online doctor consultation platform MediBuddy has raised a debt funding round of INR 25 Cr from venture debt fund Stride Ventures. The company will utilise the funding in further strengthening its technology, operations and marketing to move a step closer to its mission of providing high-quality healthcare to a billion […]
09/06/2021

Tata Group Acquires California-Based AccessBell For Remote Healthcare Play

Tata Medical & Diagnostics (Tata MD), the Tata Group’s healthcare and medtech venture, has acquired AccessBell, a San Francisco-based enterprise solutions startup, in an effort to bolster its telemedicine and remote healthcare services. AccessBell offers customisable, fully-managed video conferencing and teleconferencing services to various sectors, particularly targeting the needs of […]
09/06/2021

TPG leads USD 80 millionn investment in Zenoti as part of Series D round

Zenoti, which makes software for large spas and salon chains, has raised USD 80 million in a funding round led by US-based private equity firm TPG, at a post-money valuation of USD 1.5 billion.
08/06/2021

Truemeds raises USD 5 Million in Series A round from InfoEdge, others

Truemeds, a Mumbai-based online pharmacy startup, has raised USD 5 million in a Series A funding round from existing investor InfoEdge Ventures, Asha Impact and Indian Angel Network Fund.
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