Archive News

22/04/2020

Native Angels Network leads investment in dairy products firm UzhavarBumi

UzhavarBumi Agro Products, a dairy products company, has raised INR 1.7 crore from Native Angels Network, the investment arm of the Tier-II and Tier-III focussed Nativelead.
21/04/2020

Beauty startup Nature’s Tattva raises USD 150K from singer Sukhbir Singh, others

Delhi-based beauty startup Nature’s Tattva has raised USD 150K from Bollywood singer Sukhbir Singh and Rakhee Singal, Co-founder, Startup Buddy. Others who participated in this round include Dhianu Das of Alfa Ventures and angel investors such as Bharat Sheth and Ajay Mahendru.
21/04/2020

Orbo.ai Acquires US-based Gemia To Enhance Facial Recognition Stack

Mumbai-based facial technology and computer vision startup Orbo AI has acquired US-based research startup Gemia for an undisclosed amount.
21/04/2020

B2B agri-tech startup Bijak raises Series A funding

Bijak, a business-to-business agricultural-technology startup, has raised INR 12 million in its Series A funding round led by Ru-Net Enterprises Ltd, part of RTP Global. Others that have participated in the round include Sequoia-backed Surge Ventures, Omidyar Network, AL Trust, Tempo Ventures and Omnivore Partners.
21/04/2020

INSEAD Angels leads pre-Series A extension round in ed-tech startup Pariksha

Pariksha, which helps aspirants prepare for government exams in their regional languages, has raised an undisclosed sum as part of a pre-Series A extension round and round was led by INSEAD Angels.
20/04/2020

FreshWorld Acquihires Royale Fresh To Foray Into Meat Delivery

Bengaluru-based fruits and vegetable delivery startup FreshWorld has acquihired Bengaluru-based meat delivery startup Royale Fresh in all equity deal.
20/04/2020

ByteDance, Falcon Edge Back Dailyhunt’s INR 180 Crore Series G Round

Bengaluru-headquartered news aggregator Dailyhunt has raised INR 180 Crore in its Series G funding round led by Falcon Edge.
20/04/2020

Matrix-backed travel SaaS startup Itilite pulls in Series B funding

Itilite Technologies, a software-as-a-service company focussed on business travel, has raised USD 13 million in a Series B funding round.
20/04/2020

Cloud infrastructure solution provider Nuvepro raises bridge funding

Nuvepro Technologies, which operates a cloud-based lab provider for various types of enterprises and firms, is raising at least INR 4 crore in a bridge funding round.
20/04/2020

Former Indigo president Aditya Ghosh bets on SME credit marketplace

CreditEnable Ltd, a technology-backed marketplace for credit for small and medium enterprises, has raised capital from Aditya Ghosh, the former president of low-cost airlines IndiGo.
17/04/2020

EV tourism startup BLive raises Pre-Series A investment from Mumbai Angels Network

Electric vehicle tourism startup BLive has raised an undisclosed amount from Mumbai Angels Network in its Pre-Series A funding round.
17/04/2020

upGrad earmarks INR 50 crore to acquire ed-tech firms this fiscal

Education technology firm upGrad has earmarked INR 50 crore for acquiring two-three peers during the current fiscal.
17/04/2020

Yellow Messenger gets a bagful of cash from Lightspeed in Series B round

Yellow Messenger, a conversational artificial intelligence platform, has raised USD 20 million in its Series B funding round led by Lightspeed Venture Partners and its India arm.
17/04/2020

General Atlantic bets more on property listings portal NoBroker

US-based private equity firm General Atlantic has made a follow-on investment of USD 30 million in NoBroker as part of the property listings portal’s extended Series D financing round.
17/04/2020

Inflection Point Ventures invests pre-Series A cash in video analysis platform Toch

Vogueme Technologies, which operates video meta-tagging platform Toch, has raised INR 3 crore from Inflection Point Ventures in a pre-Series A funding round.
16/04/2020

BigBasket Raises around USD 50 Million Debt From Alibaba To Meet Demand Surge

Bengaluru-based online grocery delivery platform BigBasket has now received around USD 50 Million in debt from existing investor Alibaba.
16/04/2020

Lightspeed Raises USD 1500 Million Opportunity Fund To Back Startups In India, Southeast Asia

US-based venture capital firm Lightspeed Venture Partners has announced the final close of three funds Lightspeed Venture Partners XIII (Fund XIII), Select Fund IV, and Lightspeed Opportunity Fund – at USD 890 Mn, USD 1830 Mn, and USD 1500 Mn respectively. The USD 1500 Mn Opportunity Fund will invest in […]
16/04/2020

FarEye raises USD 25 million in Series D funding

FarEye has closed a USD 25 million funding round led by M12, the venture arm of global technology giant Microsoft, with participation from Eight Roads Ventures and Honeywell Ventures.
16/04/2020

Setu raises USD 15 million in Series A

Bengaluru-based fintech API infrastructure startup Setu has raised USD 15 million in its Series-A funding round, led by New York-based investment firm Falcon Edge Capital and Lightspeed Venture Partners US.
16/04/2020

Health-tech startup Plunes pockets pre-Series A funding

Plunes Technologies, a health-tech platform focused on aggregating doctors and healthcare service providers, has raised USD 300K in a pre-Series A funding round from existing and new investors.
16/04/2020

Healthcare startup Esperer Onco Nutrition raises funding from Zenfold Ventures

Esperer Onco Nutrition, which provides nutritional therapy for cancer patients, has raised funding from Zenfold Ventures.
16/04/2020

Sequoia India bets more on Indonesian logistics startup Kargo

Kargo Online System PT, which operates Indonesian freight logistics marketplace Kargo Technologies, has raised USD 31 million in a Series A funding round.
15/04/2020

Mobile gaming platform EWar raises USD 200k from angel investors

Bengaluru-based e-sports and real-time gaming startup EWar Games has raised USD 200K in equity funding from Jindal Steels and Jeet Banerjee, Founder of Gameplan, a sports management firm based out of Kolkata.
15/04/2020

Accel makes seed investment in SaaS-based startup Aavenir

Aavenir Software, a source-to-pay solutions provider based on a software-as-a-service model, has raised USD 2 million in a funding round.
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