Archive News

28/04/2021

Urban Company raised USD 188 Million in Series F Round

Gurugram-based hyperlocal service provider Urban Company has raised a USD 188 Million Series F funding round led by Prosus and also saw participation from DF International and Wellington Management
28/04/2021

pi Ventures launches second fund to invest in tech startups

Early-stage venture capital firm pi Ventures has launched its second fund of target corpus INR 565 crores and greenshoe option of INR 185 crores. Its latest fund would look to back ventures offering such disruptive tech. pi Ventures said the fund will also invest in segments like space technologies, material […]
28/04/2021

Netafim Agricultural Financing Agency raises USD 50 Million via equity and debt

Netafim Agricultural Financing Agency (NAFA) has raised about USD 50 million via a mix of equity financing and external commercial borrowing from Israel-based Phoenix Group, Cogito Capital, and parent Netafim Singapore. As part of the deal initial equity partners Atmaram Properties and Granite Hill Fund have exited NAFA
27/04/2021

Bizongo closes USD 52 Million in Series C funding round

Smartpaddle Technology which runs business-to-business packaging material startup Bizongo has raised USD 51 Million in its Series C funding round from the CDC Group, Schroder Adveq, Bruno Raschle and also saw participation from existing investors Accel, Chiratae, and World Bank’s International Finance Corporation
27/04/2021

Stanza Living raises USD 102 Million in growth funding round

Co-living startup Stanza Living has raised USD 102 million in a growth funding round led by Alpha Wave Ventures, managed by New York-based Falcon Edge Capital and also saw participation from Matrix Partners India, SCI Investments, Redwood Trust, and Moraine Master
27/04/2021

B2B Edtech Startup LEAD School Bags USD 30 Million

Mumbai based ed-tech startup Lead school which offers technology solutions to help schools and teacher digitize the learning experience has raised USD 30 Million in a Series D round led by GSV Ventures and WestBridge to help LEAD accelerate its growth
26/04/2021

Unbox Robotics raises bridge round from BeeNext

Singapore-based venture capital firm BEENEXT has participated in a USD 1.2 million bridge round of funding in Bengaluru-based logistics automation startup Unbox Robotics and also saw participation from existing investors like Arali Ventures, SOSV, and HAX, and Entrepreneur First and new investors Karthik Bhat, Redstart Labs, and WEH Ventures
26/04/2021

upGrad Raises USD 120 Million From Temasek In First External Funding Round

upGrad, an Ed-Tech company raised USD 120 Million from Temasek. It is their first external equity Funding. The company will use the funds to scale its operations in international markets, pursue mergers and acquisitions in the same space and expand its graduate and postgraduate degree portfolio
26/04/2021

ChargeGrid raises funding from LetsVenture

Navi Mumbai-based ChargeGrid, a brand operated by Magenta EV Solutions which provides hardware, software, installation, and operations and maintenance services for solutions related to electric vehicle (EV) charging has raised its pre-Series A equity round of funding from JAN (JITO Angel Network) and LetsVenture.
26/04/2021

335bazaar raised seed funding from Village Global

335bazaar, a platform that combines online and offline shopping experience has raised its seed round of funding from US-based venture fund Village GlobaIt plans to open 100 stores in the next six months across Delhi
23/04/2021

Accenture Ventures backs Nigerian fintech startup Okra

Accenture Ventures has made a strategic investment in Nigerian fintech startup Okra.Susa Ventures led the round, while new investor Accenture participated along with TLcom Capital and multiple angel investors
23/04/2021

HealWell24 gets funds from ex-Samsonite global CEO and others

Healthtech startup HealWell24 has raised the first tranche of its Series A funding led by Tainwala Family Office and New Delhi-based Kemexel Ventures. Others who contributed to the funding include Abhishek Raj Pandey, and two of the writers of Mirzapur web series.
23/04/2021

CoinSwitch Kuber raises funding from Tiger Global at about USD 500 Million valuation

India’s crypto platform CoinSwitch Kuber raised USD 25 million from venture investor Tiger Global Management at a valuation of over half a billion. The company would use the capital raised to increase hiring, boost its product and security capabilities, and create awareness for digital currencies in India
23/04/2021

GoalTeller has raised undisclosed amount from Rainmatter and others

Financial planning tool GoalTeller has closed its seed funding round led by a clutch of investors including fintech incubator Rainmatter and Cred founder Kunal Shah. Others who contributed to the round are Ranjan Pai, Raghunandan Gangappa, Vivek Hinduja, and Himanshu Bhagat
23/04/2021

Stride Ventures to launch second venture debt fund

Stride Ventures, a relatively young venture debt firm in the industry, is all set to launch its second fund months after the oversubscription of its debut fund. It will continue to invest in early and growth-stage companies with higher ticket sizes for working capital and other debt requirements
23/04/2021

Conversation startup ORAI raises Pre Series A funding round

Enterprise conversation artificial intelligence platform ORAI Robotic has raised USD 464,300 from angel network Inflection Point Ventures. This is part of the startup’s pre-Series A funding round. ORAI will use the funds for international expansion and sales and marketing
22/04/2021

Peel-Works Raises INR 12 Cr To Expand B2B Kirana Tech Platform Taikee

Peel-Works Raises INR 12 Cr To Expand B2B Kirana Tech Platform Taikee. The company has raised the funds from SME lending platforms, high-network individuals, and NBFCs. The company has also inked a partnership with Grip Invest for leasing infrastructure through their crowdfunding platform
22/04/2021

Energy IoT Startup Smart Joules Raises From Raintree, Others

Energy IoT Startup Smart Joules Raises USD 4.9 Million From Raintree and also saw participation from ADB Ventures, Sangam Ventures, Max I. Limited, cKinetics Accelerator, Dabur family’s Saket Burman, and six other angel investors from India and the US.
22/04/2021

Ratan Tata Invests In Mumbai-Based Logistics Tech Startup Mailit

Tata Group Emeritus Ratan Tata has invested in Mumbai-based Logistics Tech strat up Mailit. Mailit currently offers courier, cargo, 3PL, mailroom management digital solutions, and postal services to leading corporates and several blue-chip companies in the Tata Group
22/04/2021

Alteria Infuses INR 70 Cr In Daily Essentials Social Commerce Startup DealShare

Jaipur-based Social commerce startup has raised INR 70 Cr from Alteria capital for market expansion.DealShare has built a social commerce model around the delivery of daily essentials
22/04/2021

Menstrual Company raised funding from We founder Circle

We Founder Circle, a startup investment platform, has invested INR 56 lakh in Avni which focuses on menstrual care. Avni plans to utilise the funds for product development and expanding the product line.
22/04/2021

Tarrakki has raised an undisclosed amount in funding from a clutch of angel investors

Tarrakki, a wealth management platform has raised an undisclosed amount in funding from a clutch of angel investors that includes Kiran Shetty, Asit Oberoi, and Safir Anand.It caters to Tier I, II and III cities across the country
22/04/2021

Freyr Energy raises funding from Schneider Electric Energy and others

Hyderabad-based rooftop solar firm Freyr Energy Services Pvt Ltd has raised INR 18 crore in a fresh round of funding from While Total Carbon Neutrality Ventures, Schneider Electric Energy Access Asia, and Netherlands-based impact investment fund C4D Partners
22/04/2021

Sequoia’s accelerator Surge bets on makeup school floated by former Zynga execs

Surge Ventures II has invested INR 13.5 crore in Vah Vah Institute which is a online school that offers makeup classes as part of a pre-seed funding round
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