Archive News


Unicorn India Ventures strikes second deal from Fund II, backs fintech ChitMonks

Hyderabad-based Pangean Global Services, which owns and operates fintech platform ChitMonks, has raised USD 650,000 in its first institutional funding round from venture capital firm Unicorn India Ventures.  

Agritech startup Arya raises debt funding for NBFC unit

Delhi-based agritech startup Arya Collateral Warehousing Services, has raised an undisclosed amount in a debt funding round from Zurich headquartered investment firm responsAbility.  

Automated data integration provider Fivetran raises USD 100 Million at USD 1.2 Billion valuation

Fivetra​n,​ a Bengaluru-based company in automated data integration with headquarters in Silicon Valley, has raised USD 100 million in Series C funding, led by Andreessen Horowitz (a16z) and General Catalyst, with participation from existing investors CEAS Investments and Matrix Partners.  

Edtech platform Ken42 raises INR 11 crore in fresh round

Bengaluru based ed-tech startup Ken42 has raised a funding round of INR 11 crore led by Turbostart, a national programme for early stage startups. The round also saw participation from Muralidhara C, Managing Partner, Murali & Co, Advocates and Mohan Raju Manthena, Director, SRK Infrastructure.  

YourNest exits voice AI startup Uniphore with stellar returns

YourNest Venture Capital has struck stellar return from its six-year-old investment in Uniphore Software Systems Pvt. Ltd that had raised a big-ticket Series C cheque led by March Capital Partners last year. The early-stage venture capital firm generated 6.6 times returns on its investment in Uniphore.  

GetMyUni eyes online certification space with Avagmah acquisition

Edtech startup GetMyUni Education Services has acquired Avagmah, a platform that offers online degree programmes and skill development courses, from its parent Aeon Learning.  

Men’s health and wellness startup Bold Care raises pre-seed round

Bold Care, a Mumbai-based men’s health and wellness startup, has raised an undisclosed pre-seed round of funding from an array of strategic investors. These include Rajesh Ranavat, Executive Director at Fung Strategic Investments; Abhishek Shah, Founder of ConsumerX; Kabir Kochhar and others.  

Cloud kitchen Samosa Party raises bridge funding round from IP Ventures

Samosa Party Foods, a Bengaluru-based food-tech company that owns and operates an eponymous cloud kitchen platform, has raised an undisclosed amount in a bridge funding round, led by Inflection Point Ventures.  

Budget hotel chain Treebo to raise USD 2.98 million in growth funding round

Bengaluru-based Ruptub Solutions, which owns and operates budget hotel chain Treebo, is in line to raise USD 2.98 million in a growth funding round from returning investors, including German firm Bertelsmann’s India investment unit, Matrix Partners India and SAIF Partners.  

Micro delivery app OwO raises INR 5 crore

Subscription-based micro-delivery app OwO, dealing in essential goods deliveries starting with packaged water, said it has raised funding on INR 5 crore to set up operations across Gurugram with plans to expand to Delhi, followed by Mumbai, Hyderabad and other cites within 2020-21.  

Byju’s valuation surges to USD10.5 billion

Famed Silicon Valley investor and analyst Mary Meeker’s Bond Capital has invested an undisclosed amount in education technology startup Byju’s at a valuation of USD 10.5 billion. The new valuation is a 30% increase from the $8-billion tag Byju’s got just in January, and makes it the second-most valued startup […]

Deal Announcement: New age digital media firm Rusk Media raises seed funding round via Enablers

Delhi-based digital media firm Rusk Media has raised undisclosed seed round from InfoEdge Venture Fund, Sprout Venture Partners, Survam Partners, and an undisclosed institutional investor aided by ValPro’s startup advisory vertical, Enablers. Rusk Media creates video content across genres such as fiction, music, lifestyle and technology, targeting Gen-Z and millennial […]

Lightspeed, Falcon Edge lead Series A funding in enterprise AI startup Nextbillionai

NextBillion AI, which operates the artificial intelligence-based enterprise platform focussed on hyperlocal solutions, has raised USD 7 million in its Series A funding round by Lightspeed Venture Partners and Falcon Edge Capital.  

Rakesh Jhunjhunwala, Sixth Sense Ventures invest more in nutrition brand Fast & Up

Fullife Healthcare, which sells sports nutrition supplements under the brand Fast & Up, has secured INR 50 crore as fresh capital from a mix of existing and new investors. Existing investors Rakesh Jhunjhunwala and Sixth Sense Ventures also participated in this round. Akash Prakash, the founder of Singapore-based Amansa Capital, […]

Fintech firm Slice raises pre-Series B funding

GaragePreneurs Internet, which operates financial technology firm Slice, has raised INR 46 crore in its pre-Series B funding round led by the investment and consulting arm of Gunosy Inc., a Japan-based news and technology services company. Other participants in the round include the US-based early-stage global fund EMVC, Better Capital, […]

Matrix Partners leads Series A round for nutrition brand OZiva

Early-stage venture capital firm Matrix Partners India has led a USD 5 million Series A funding round in plant-based nutrition brand OZiva. The company’s existing investor Titan Capital, an investment vehicle of Snapdeal founders Kunal Bahl and Rohit Bansal, also participated in this round.  
25/06/2020 raises USD 7 Million funding led by Lightspeed India Partners and Falcon Edge Capital

Nextbillion  which builds mapping and other AI-based services for emerging markets, has raised USD 7 million in Series A funding, led by Lightspeed India Partners and Falcon Edge Capital.  

Amazon pledges USD 2 billion venture capital fund to invest in clean energy Inc, will launch a USD 2 billion venture capital fund that will focus on technology investments to reduce the impact of climate change and support sustainable development. The Climate Pledge Fund will invest in companies across industries such as transportation and logistics, energy, storage and utilization, manufacturing and materials, […]

CapitalG leads Series E funding round in Aye Finance

Aye Finance Pvt. Ltd, a non-banking financial technology company focussed on micro, small and medium enterprises, has raised INR 210 crore in its Series E funding round. The round has been led by CapitalG and other participants in the round include LGT Lightstone, Falcon Edge, A91 Partners and MAJ Invest. […]

Leo Capital leads pre-Series funding for gaming firm Bombay Play

Early-stage venture capital firm Leo Capital has led a USD 1.5 million pre-Series A round of funding in gaming company Bombay Play.  

Chiratae Ventures invests in bionics company Aether Biomedical

Poland based, Aether Biomedical Sp. z o.o, which operates a medical robotics company that develops rehabilitation-focused devices, has raised an undisclosed funding as part of its seed round from investors including Chiratae Ventures.  

Sequoia India leads seed funding round in quantum computing startup Horizon

Horizon Quantum Computing, which is focussed on developing programming tools for quantum computers, has raised funding in an extension of its seed round, with the exercise being led by Sequoia Capital India. Existing backers including SGInnovate, Abies Ventures, DCVC, Qubit Protocol, Summer Capital and Posa CV also participated in the […]

Co-working space provider 91springboard raises fresh funding

91 Springboard Business Hub Pvt. Ltd, which operates co-working space provider 91springboard, has raised INR 45 crore in a fresh round of funding from its existing investors.  

US-based Rocketship leads INR 30 Crore funding in micro-mobility platform Yulu

Bengaluru-based last-mile micro-mobility platform Yulu has raised a fresh funding of INR 30 crore led by US-based VC firm Rocketship and existing investors.