Archive News


Xseed Partners, others back ed-tech startup Bulbul

Hyderabad- and US-based Bulbul Inc, which develops learning apps for pre-school kids, has raised USD 500,000 in a fresh round of funding.

Swiggy’s parent puts INR 31 crore in ready-to-cook food co Fingerlix

Online food startup Swiggy’s parent company Bundl Technologies has invested close to INR 31 crore in ready-to-cook food startup Fingerlix

Visa leads funding round in online payment solutions firm BillDesk

Mumbai-based IndiaIdeas,com Ltd, which operates online payment solutions firm BillDesk, has raised USD 85 million in a fresh round that values it at over USD 1 billion, making it the latest unicorn.

HomeLane secures bridge capital from JSW Ventures, Accel and Sequoia

Interior design solutions marketplace HomeLane has raised INR 33 crore in a bridge round from JSW Ventures, Accel and Sequoia Capital

IDFC Parampara backs cybersecurity firm CloudSEK

CloudSEK Info Security, which develops software-as-a-service (SaaS) information security risk management solutions raised USD 490,000 in a fresh funding round from IDFC Parampara Early Stage Opportunities Fund.

IAN invests in AI-based enterprise tech startup Artivatic

Artivatic, owned by Artivatic Data Labs Pvt Ltd, has raised an undisclosed amount from Indian Angel Network (IAN)

Pine Labs is in talks to buy Qwikcilver for over USD 100 mn

Pine Labs, a point-of-sales payments solutions company, is close to acquiring Bengaluru-based digital gift card firm Qwikcilver Solutions for over USD 100 million.

WaterBridge Ventures, others invest in cooking robot maker Nymble Labs

Nymble Labs, the Bengaluru-based startup has raised an undisclosed amount of funding from early-stage venture capital firm WaterBridge Ventures, Flipkart co-founder Binny Bansal and Shanghai-based 01VC.

Tokyo-based Dream Incubator leads Series A round in health-tech firm Niramai

Breast cancer screening startup Niramai Health Analytix  has raised USD 6 million in a Series A round of funding led by Tokyo-headquartered management consulting firm Dream Incubator

Walmart Labs strikes another acqui-hire deal in India

Walmart Labs, the product development arm of US retail giant Walmart, has acqui-hired Bengaluru-based data annotation startup Dataturks.

Nestaway to launch incubation programme

Managed home rental network Nestaway to launch a six-month equity-free incubation programme for Indian startups.

Dubai investor bets on cross-border e-commerce firm Eunimart

Eunimart Multichannel Pvt Ltd, which operates an artificial intelligence-powered cross-border e-commerce platform, has raised bridge funding from the UAE-based digital services company TMT Connekt.

MMT Head Deep Kalra Joins Dunzo’s Ongoing Series C Funding

MakeMyTrip chief executive Deep Kalra has invested INR 3 Cr (USD 422K) on behalf of Prudent Advisors, in Bengaluru-based errand runner startup Dunzo in its ongoing Series C round.

Oyo in talks to acquire FreshMenu for USD 60 Million

Hospitality chain Oyo Hotels & Homes is in talks to acquire cloud kitchen startup FreshMenu for USD 50-60 million

Entrepreneur First marks first close of global deep-tech fund

Entrepreneur First, which helps individuals build companies from scratch, has marked the first close of its new deep technology-focussed global fund at USD 115 million.

Naukri parent Info Edge invests more in B2B startup Wishbook

Info Edge (India) Ltd, the parent of jobs portal Naukri and real estate website 99acres,com, has invested an additional INR 2 crore in business-to-business startup Wishbook Infoservices Pvt Ltd.

BharatPe in talks to raise Rs 120 cr in series-A round

BharatPe is in the final stages of raising nearly USD 17 million from investors led by Sequoia Capital India in Series-A funding rounds.

Myntra co-founder, PremjiInvest execs invest in apparel brand Turms

Bigphi Technologies Pvt Ltd, which sells apparel under the brand Turms, has raised USD 285,000 in fresh funding from angel investors.

Japan’s FreakOut leads funding for mobile-ad solutions firm SilverPush

Mobile ad re-targeting platform SilverPush, owned by Gurugram-based SilverEdge Technologies Pvt Ltd, has raised USD 5 million in a Series B funding round led by Japanese marketing technology company FreakOut Holdings, Inc.

Angel investor Dhianu Das floats proprietary seed fund

Angel investor and serial entrepreneur Dhianu Das has launched a INR 100 crore proprietary fund.

Ola bags USD 92-million cheque from Flipkart co-founder Sachin Bansal

Flipkart co-founder Sachin Bansal has invested INR 650 crore in ANI Technologies Pvt Ltd, which operates cab-hailing app Ola.

Singapore-based BIGO announces USD100 million investment in India

Singapore-based social media platform BIGO Technology is plannning an investment of over USD 100 million to expand its business in India in the next three years.

PayU is in talks to invest USD 150 million in CapFloat

Global fintech major PayU is in advanced discussions to invest USD 100-150 million in Bengaluru-based CapFloat Financial Services.

SAIF Partners leads Rs 90-cr series-B round in Ziploan

Fintech lending platform Ziploan, which provides micro-loans of up to INR 5 lakh to small and medium enterprises (SMEs), has raised INR 90 crore in its Series-B funding led by venture capital firm SAIF Partners.