Archive News

26/07/2018

Hero MotoCorp to refuel Ather Energy with USD19 million

Hero MotoCorp Ltd is investing INR 130 crore (USD 19 million) more in electric scooter startup Ather Energy Pvt Ltd
25/07/2018

Pharmacy startup LifCare raises USD 11 million Series B round from SAIF, Nexus, IL&FS

LifCare has raised USD 11 million in a Series B round of funding from private equity and venture capital firm SAIF Partners, Nexus Ventures and IL&FS.
25/07/2018

Mayfield, others invest in industrial IoT startup Infinite Uptime

Pune-based industrial Internet of Things (IoT) startup Infinite Uptime has raised USD 5 million in a Series A funding round from Mayfield Fund,IL&FS and GSR Ventures.
25/07/2018

Gray Matters Capital invests in skill learning platform Kidovators

Bengaluru-based skill learning platform Kidovators has raised seed investment of USD 180,000 from impact investor Gray Matters Capital’s and M Chandrasekaran.
25/07/2018

Norwest Venture Partners bets on snacks maker Kishlay Foods

Guwahati-based Kishlay Foods Pvt Ltd has raised INR 100 crore (USD 15 million) from venture capital and growth equity investment firm Norwest Venture Partners and Intensive Softshare.
25/07/2018

Fairfax invests USD 45 million in parent of online insurance startup Digit

Go Digit Infoworks Services Pvt Ltd, the parent of online insurance startup Digit Insurance, has raised USD 45 million (around INR 310 crore) from existing investor Fairfax Holdings.
24/07/2018

Singapore’s Healthtech startup acquires mobile app uninstall Tracker, Uninstall,io

Singapore based healthtech company Mobile Health has acquired Bengaluru and Singapore based Songline Analytics startup Uninstall,io for an undisclosed amount.
24/07/2018

Asia-focused FidelisWorld invests in Sequoia-backed outdoor gear brand Wildcraft

FidelisWorld, an Asia-focused private equity fund, has invested an undisclosed amount in Sequoia Capital-backed outdoor gear maker Wildcraft.
24/07/2018

IL&FS Investment Managers backs pharmacy operator

IL&FS Investment Managers Ltd, the private equity arm of Infrastructure Leasing ​& Financial Services Group, has backed Pahrmacy operator.
24/07/2018

AngelList India members invest in media analytics startup VTION

Media analytics startup VTION has raised USD 280,000 through AngelList India, the local arm of US-based investment crowdfunding platform AngelList.
24/07/2018

Metaform Ventures, others infuse fresh capital into Log 9 Materials

Bengaluru-based nanotechnology startup Log 9 Materials Scientific Pvt Ltd has raised INR 3 crore (USD 436,000) in an extended pre-Series A round from a clutch of investors that include Metaform Ventures,GEMS Partners.
24/07/2018

RoundGlass Partners doubles investment in fitness aggregator Gympik

US-based VC firm RoundGlass Partners is doubling down on its investment in Gympik,com, an online marketplace for discovering fitness centres and gyms
23/07/2018

Gaadi.com parent GirnarSoft raises USD 3.6 million from Trifecta

GirnarSoft (also known as Girnar Software), the parent company of automobile portals like CarDekho,com and Gaadi,com, has raised  USD 3,600,000 (INR 25 crore) in debt fund from Trifecta Venture Debt Fund-I
23/07/2018

Energy tech firm Climate Connect seeks to raise USD 5-10 million Series B round

London-based Indian energy start-up Climate Connect is seeking to raise USD 5-10 million in Series B funding within the next six months
23/07/2018

Naspers-owned PayU leads Series B round in online lending platform PaySense

Mumbai-based Paysense Services India Pvt Ltd, which operates an online consumer lending platform, has raised USD 18 million (close to INR 124 crore) in a Series B funding round led by Naspers-owned PayU
23/07/2018

Angels invest in property discovery platform HousingMan

Bengaluru-based property discovery platform HousingMan, has raised USD 1,500,000 (close to INR 10 crore) in seed funding from a clutch of undisclosed angel investors
23/07/2018

Tiger Global pumps USD 6 million more into video platform TVF in down round

The Viral Fever (TVF), an over-the-top (OTT) platform which creates original video content, has raised an additional USD 6 million (around INR 41 crore) from existing investor Tiger Global
23/07/2018

Health-tech firm WelcomeCure bags fresh funds from Bollywood couple

Mumbai-based WelcomeCure Pvt Ltd, an online homeopathic healthcare platform, has raised an undisclosed amount from Bollywood couple Riteish and Genelia Deshmukh and LC Singh, chief executive of IT services company Nihilent Technologies
20/07/2018

Deep-tech startup Steradian gets first cheque from venture capital investor

Steradian Semiconductors Pvt Ltd, a deep-tech startup that is developing high-performance sensors for autonomous vehicles, has raised its first round of institutional funding from Endiya Partners.
20/07/2018

Multiple investors pump fresh funds into bike taxi startup Baxi

Gurugram-based bike taxi startup Baxi has raised an undisclosed amount of fresh funding from Ramesh Awtaney, from ISON Technologies; Mohit Khurana and Deekshant Sahrawat, co-founders of Roots Education; and Ashish Chhaparwal, founder of KidzJet.
20/07/2018

Food-tech company SmartQ buys Goodbox Cafeteria business

YourNest Angel Fund-backed SmartQ, a food-tech startup, has acquired Nexus Venture Partners-backed Goodbox’s cafeteria business for an undisclosed sum.
20/07/2018

Unibev may raise INR100 crore to fund expansion

Unibev is looking to raise INR 100 crore to fund an expansion drive planned by the premium alcohol startup which enables them to garner around a tenth of India’s premium alcohol market.
20/07/2018

IIM Ahmedabad incubator marks first close of USD 100 million deep-tech VC fund

Bharat Innovation Fund has marked the first close of its USD 100-million venture fund that focuses on early-stage deep-tech investments from marquee institutional investors and others.
20/07/2018

Rajasthan Venture Capital Fund bets on furniture e-tailer Woodenstreet.

Jaipur-based online furniture platform Woodenstreet has raised USD 1 million  in a Series A round of funding led by Rajasthan Venture Capital Fund (RVCF).
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