Archive News


Bombay Shaving Company Bags INR 45 Crore To Expand Presence

Men’s grooming startup Bombay Shaving Company has raised INR 45 Crore in a funding round led by domestic consumer-centric venture fund Sixth Sense Ventures

IIT-Madras incubated YNOS secures seed funding

IIT-Madras incubated data analytics startup YNOS Venture Engine has completed its seed funding round of close to INR 75 lakh led by Mahesh Ramachandran, Partner, Pontaq, a cross-border fund, who has invested in a personal capacity and a group of undisclosed investors

PeopleStrong Acquires Enterprisetech Startup Qilo To Enhance Operations

Gurugram-based HRtech startup PeopleStrong, has acquired Noida-based enterprise tech startup Qilo

Eduisfun Raises USD 28 Mn From Deepak Parekh, Amitabh Bachchan, Others

Mumbai-based edtech startup Eduisfun has secured funds worth USD 28 Million from angel investors such as HDFC chairman Deepak Parekh, actor Amitabh Bachchan, Ogilvy Group chief creative officer Piyush Pandey and PwC partner assurance Russel Parera.

Agritech Startup Nu Genes Raises USD 6 Million To Take Seed Biz Global

Telangana-based agritech startup Nu Genes has raised USD 6 Million from Innovation in Food and Agriculture (IFA) Fund managed by Sathguru Catalyzer Advisors

Fevicol maker Pidilite, Evolvence India join HomeLane’s Series D funding round

Interior design solutions marketplace HomeLane has raised USD 30 million in a Series D funding round

Finly Bags Funds From Gemba Capital, Others To Expand SaaS Biz

Bengaluru-based SaaS startup Finly has raised an undisclosed amount of funding from a host of investors, which includes Gemba Capital, Chamath Palihapitiya-led Social Capital, and AngelList India

Drone Startup FlytBase Raises Seed Round For Commercial Applications

Pune and Silicon Valley-based drone startup FlytBase has raised an undisclosed amount of seed funding from US-based early-stage venture capitalists and angel investors

Venture Catalysts invests in former Pepperfry execs’ startup Cub McPaws

Pochemuchka Kids, which operates a children-focussed retail startup with augmented reality technology, has raised pre-seed funding from startup incubator and accelerator Venture Catalysts.

Lenskart walks into unicorn club with SoftBank Vision Fund investment

SoftBank Vision Fund is injecting USD 275 million into online-to-offline eyewear retailer Lenskart, as it continues to pour a heavy amount of capital into Indian companies

Deeptech Startup Quantiphi Raises USD 20 Million From Multiples PE

Deeptech startup Quantiphi, has raised USD 20 Million from Multiples Alternate Asset Management, the Renuka Ramnath-led private equity (PE) firm

Germany’s DEG backs SME-focussed LivFin in first India fintech bet

LivFin India, a financial technology firm focussed on small and medium enterprises, has raised USD 5 million in equity funding from German development finance institution DEG

Surgery platform Pristyn raises Series B funding from Sequoia, others

Pristyn Care, a platform for planned surgeries, said it has raised USD 12 million in a Series B round of funding from new and existing investors

Goldman Sachs joins digital lender ZestMoney’s extended Series B round

Camden Town Technologies, which operates digital point-of-sale consumer financing platform ZestMoney, has raised funding from the United States-based financial services giant Goldman Sachs

Oikocredit opens India fintech account with bet on neo-bank Kaleidofin

Kaleidofin, which operates an eponymous neo-bank focussed on the informal sector, has raised INR 36 crore in a Series A funding round led by financial inclusion-focussed impact investor Oikocredit

Pristyn Care raises USD 12 million Series B funding from Sequoia & others

Pristyn Care, a healthcare platform for elective surgeries, has raised USD 12 million in Series B funding from existing investor Sequoia India and new investors Hummingbird Ventures, Greenoaks Capital and AngelList

Open Secret raises seed funding from Matrix Partners and others

Open Secret, a food and beverages startup that is looking to take a swing at the healthy snacks market in India, has raised an undisclosed amount in seed capital led by Matrix Partners

Zephyr, TVS Cap, Dalmia lead USD 6 million funding in Waterfield

Waterfield Advisors has raised USD 6 million in a fresh equity funding round, led by a consortium of investors including New York-based Zephyr Management, TVS Capital Fund and Gaurav Dalmia of Dalmia Group Holdings

Avataar Ventures Backs Appnomic With USD 22 Million Funding

Bengaluru and California-based self help enterprisetech startup Appnomic Systems has raised USD 22 Million funding from Avataar Ventures

Medlife Raises INR 110 Crore From Wilson Global Opportunities Fund For Growth

Bengaluru-based epharmacy Medlife has raised INR 110 Crore from Wilson Global Opportunities Fund in a debt funding round

Snapdeal founders’ VC arm invests in women’s wellness startup Azah

Azah Personal Care, which operates an eponymous startup focussed on women’s health, has raised pre-Series A funding from e-commerce firm Snapdeal’s founders Kunal Bahl and Rohit Bansal.

Safety-tech startup DROR raises funding from CXO Genie’s venture capital arm

Safety-tech startup DROR Labs has raised an undisclosed sum from Inflection Point Ventures, an initiative of executives’ networking platform CXO Genie.

Reach Capital leads post-Series A funding in upskilling platform Springboard

Ed-tech platform Springboard, which focuses on providing career upskilling solutions for professionals, has raised USD 11 million in a post-Series A financing round

RIL-backed firm Embibe gets 91% stake in Funtoot

Reliance Industries-backed educational technology firm Embibe has acquired a 91% stake in e-learning products and services provider Funtoot for around INR 71 crore