Archive News

24/09/2018

Ramesh Damani backs equity market analysis app StockEdge

Kolkata-based Kredent Infoedge Pvt Ltd, which operates the StockEdge mobile app for equity research and analytics, has raised an undisclosed amount in pre-Series A funding from ace investor Ramesh Damani.
21/09/2018

Iba Halal care gets USD 3 million from Addvantis

Iba Halal Care, India’s only Halal-certified cosmetics brand, has raised USD 3 million in Series-A funding from Addvantis Enterprises, a Bengaluru-based startup selling herbal cosmetics under the Vedaearth brand.
21/09/2018

Avenue 11 raised around USD 3 million from Brand Capital

Bengaluru-based online-to-offline grocery company Avenue 11 has raised INR 26 crore in funding from Brand Capital, the strategic investment arm of Indian media house Bennett Coleman & Co Ltd (BCCL).
21/09/2018

Unitus Ventures, pharma exec back med-tech startup Cyclops

Medical technology company Cyclops Medtech Pvt Ltd has raised USD 1 million in fresh capital from impact investment fund Unitus Ventures and existing investor CP Bothra.
21/09/2018

Venture debt firm Trifecta Capital to invest in furniture e-tailer Urban Ladder

Bengaluru-based omnichannel furniture venture Urban Ladder is set to raise around USD 5 million in a fresh funding round from venture debt firm Trifecta.
21/09/2018

Essel Group unit invests in online lending startup Qbera

Qbera, an online platform that makes unsecured personal loans, has raised funds worth  INR 14 crore from, a unit of business conglomerate Essel Group, E-City Ventures.
20/09/2018

Satya MicroCapital raised around USD 5 million from two impact investment funds

New Delhi-based microfinance company Satya MicroCapital has raised INR 40 crore from responsAbility Investments AG and Microfinance Enhancement Facility SA (MEF).
20/09/2018

Shunwei leads new funding round in social networking platform ShareChat

Bengaluru-headquartered Mohalla Tech Pvt Ltd, which operates vernacular social networking platform ShareChat, has raised around INR 720 crore in a new funding round led by existing investor Shunwei Capital.
20/09/2018

German publishing firm, others back media startup NewsBytes

Media startup NewsBytes has raised USD 1 million as part of a pre-Series A round of funding led by German publishing firm Mueller Medien’s investment arm MM Inno GmbH.
20/09/2018

Bengaluru-based CleanseCar raises seed funding

CleanseCar Washing and Repair Services Pvt Ltd, which operates through app in Bengaluru only, has raised USD 150,000 worth of seed funds from angel investor Dhianu Das.
20/09/2018

91Springboard, others invest in smart parking firm Parkwheels

Smart parking systems maker Parkwheels has raised around INR 1 crore in a seed round of funding from 91Springboard, Amit Lakhotia, and an undisclosed Kuwait-based investment firm.
20/09/2018

Matrix Partners, others invest in hyperlocal delivery platform DailyNinja

Subscription-based milk and grocery delivery venture DailyNinja has raised an undisclosed sum from Matrix Partners in a fresh funding round.
19/09/2018

Motilal Oswal’s real estate arm raises around USD 79 million for latest fund

Motilal Oswal Real Estate (MORE) has raised INR 575 crore for its latest fund India Realty Excellence Fund IV by its first close.
19/09/2018

Two Chinese investors pump USD 50 million into cab aggregator Ola

Cab-hailing app Ola has raised USD 50 million from two new Chinese investors in a fresh round of funding.
19/09/2018

Z Nation Lab, others invest in learning activity platform Xplorabox

Delhi-based Xplorabox, which offers a subscription-based activity box for children, has raised an undisclosed amount of seed funding  from accelerator Z Nation Lab, Metaform Ventures, Sridham Enterprises, and others.
19/09/2018

IFC to invest in B2B logistics startup Shadowfax

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, plans to invest in Bengaluru-based logistics startup Shadowfax Technologies Pvt Ltd.
19/09/2018

TPG Growth, Goldman Sachs lead Series C funding round in Livspace

Bengaluru-based online home décor startup Livspace has raised USD 70 million in a Series C round of funding led by private equity firm TPG Growth and investment bank Goldman Sachs.
19/09/2018

Leo Capital, Anand Chandrasekaran invest in Sheroes

Sheroes, the women’s-focused community and career platform, has raised an undisclosed sum of fresh funding from venture capital firm Leo Capital and angel investor Anand Chandrasekaran.
18/09/2018

UAE investor leads Series C round in furniture rental platform Furlenco

Online furniture rental startup Furlenco, which is run by Kieraya Furnishing Solutions Pvt Ltd, has raised its Series C round of funding of around INR 80 crore led by a venture capital firm, Crescent Enterprises Ventures, based in the United Arab Emirates (UAE).
18/09/2018

Omphalos Ventures, others back machine learning platform Mate Labs

Bengaluru-based machine learning platform Mate Labs has raised seed funding of USD 550,000  led by Omphalos Ventures India LLP.
18/09/2018

Infosys invests around USD 1 million more in US firm TidalScale

Infosys Ltd, the country’s second-largest software services exporter,  has invested an additional around USD 1 million in US-based TidalScale Inc.
17/09/2018

India’s Infosys to buy Finnish firm Fluido for USD 76 million

Infosys, one of India’s largest IT services firm, has agreed to spend USD 76 million to buy Fluido, a Salesforce consulting partner in the Nordics in Europe.
17/09/2018

Social e-commerce startup Meesho in talks to raise funding from DST Global

Meesho, one of the fastest growing e-commerce companies in the country, has initiated talks to raise a fresh round of capital from Russian investment company DST Global.
17/09/2018

Matrix, Times Internet inject fresh capital into e-pharmacy Myra

Bengaluru-based Metarain Software Solutions Pvt Ltd, which runs pharmacy app Myra, has raised around INR 8 crore in additional capital from existing investors.
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