Archive News


Times Internet leads USD 8 million round in student housing startup OxfordCaps

Student housing startup OxfordCaps has raised USD 8 million in a Series-A funding round led by Times Internet. OxfordCaps will use the money to fuel its growth plans.

Unitus Ventures bets on blockchain startup New Street Technologies

New Street Technologies Pvt Ltd, which builds and operates blockchain-enabled platforms for institutional clients in the financial services segment, has raised USD 2 million in a seed funding round led by impact investment firm Unitus Ventures.

Angels invest in wedding venue startup VenueLook

Online-to-offline venue booking platform VenueLook has raised an undisclosed amount of funding in its pre-Series A round from a clutch of angel investor.

PharmEasy in early funding talks with SoftBank to raise up to USD 100 million

Japan’s SoftBank Group Corp is in early talks to invest close to USD 100 million in online medicine startup PharmEasy.

Delhivery gets USD 400 million from SoftBank, Carlyle

Delhivery has raised more than  USD 400 million in its latest round of equity financing, which has been led by Japanese investor SoftBank.

SoftBank and Amazon in talks to invest in Drivezy ​​

The Bengaluru-and Silicon Valley-based two-wheeler self-drive platform Drivezy is in talks with Softbank and Amazon to raise a fresh round of funding.

Byju’s value at USD 5.4 billion via new USD 25 million round

Education technology platform Byju’s has raised USD 25 million from existing backer General Atlantic at  INR 37,000 crore valuation.   

Pine Labs buys gifting startup Qwikcilver for USD 110 million

Pine Labs, one of the largest point of sales deploying companies in India, has acquired Bengaluru-based gifting startup Qwikcilver for USD 110 million.  

Cred plans to raise another USD 100 million in new funds

Kunal Shah founded Cred is looking to raise USD 75-100 million.

Hyundai Motor, Kia to invest USD 300 million in Ola

Ride-hailing company Ola has raised USD 300 million from South Korean automakers Hyundai Motor Co and Kia Motors Corp, as it diversifies its investor base and boosts its war chest to compete with main rival Uber Technologies Inc.

Jungle Ventures, Illuminate Financial lead investment in regulatory-tech startup Tookitaki

Tookitaki, a software-as-a-service (SaaS) firm which develops artificial intelligence-based sustainable compliance solutions for financial institutions, has raised around INR 54 crore in a Series A round of funding.

Mobility startups attract big bucks

Startups in the urban mobility space — like bike taxi player Rapido, car & bike pooling venture Quick Ride, and bike rental startup Bounce — are in advanced discussions to raise growth capital from such large investors as private equity firm WestBridge Capital, South African media giant Naspers, venture firm […]

Gaming firms Nazara, Delta back fantasy sports startup HalaPlay

Mumbai-based fantasy sports startup HalaPlay Technologies Pvt Ltd  has raised INR 40 crore in a Series A round from mobile game developer Nazara Technologies Ltd and casino gaming company Delta Corp Ltd

Indian agritech startup DeHaat raises USD 4 million led by Omnivore

DeHaat, an online marketplace for farm products and services has raised INR 30 crore in a funding round led by impact investor Omnivore. US-based agriculture investor AgFunder.  

Trifecta Capital, NBFCs invest in fintech firm Innoviti

Bengaluru-based fintech firm Innoviti Payment Solutions Pvt Ltd has raised INR 80 crore in a round led by venture debt firm Trifecta Capital

Mswipe raises INR 220 cr from existing investors

Mumbai-based mobile point-of-sales (PoS) company Mswipe has raised around INR 220 crore in a new round of funding from existing investors — US-based hedge fund Falcon Edge, Facebook cofounder Eduardo Saverin promoted B Capital Asia, technology investment firm Epiq Capital and DSG Consumer Partners

Foreign VC firms invest in travel-tech startup Guiddoo

Travel technology firm Guiddoo World Travels Pvt Ltd has raised an undisclosed sum in fresh funding from US-headquartered venture capital firm SOSV and Australia-based VC firm Artesian.

Creation Investments pumps more money into Vivriti Capital

Vivriti Capital Pvt Ltd, which runs an online platform for institutional debt in India, has raised an additional INR 110 crore from existing investor Creation Investments.

Binny Bansal, others invest USD 65 mn in digital insurance startup Acko

Mumbai-based online startup Acko General Insurance Co Ltd has raised USD 65 million in a Series C round of funding from a clutch of new and existing investors.

Sequoia India leads fresh investment in Faasos parent Rebel Foods

Rebel Foods, an internet kitchen platform which owns and operates a number of brands including Faasos and Behrouz Biryani, has raised INR 110 crore as part of a larger Series D round of funding led by venture capital firm Sequoia Capital India.

Goldman Sachs, Facebook co-founder’s VC firm back BlackBuck in new round

Zinka Logistics Solutions, which operates business-to-business tech-enabled logistics startup BlackBuck, is raising INR 303,31 crore in a fresh funding round led by new investor Goldman Sachs.

Eight Roads leads INR 92-cr round in digital company Whatfix

Eight Roads Ventures has led a INR 92-crore round of equity financing in digital adoption venture Whatfix.

AgroStar raises INR 188 crore in Series-C round

Pune-based agro-tech startup AgroStar has raised USD 27million  in Series C funds led by Bertelsmann India along with its existing investors Accel.

PayU in talks to buy Wibmo

Digital payments major PayU is in the final stages of discussions to acquire Bengaluru and Cupertino-based Wibmo, which specialises in processing online payments.