Archive News

12/09/2023

Pee Safe raises USD 3 Million in ongoing Series B round

Hygiene and wellness brand Pee Safe, internet first brand of personal hygiene products for women, has raised USD 3 Million in Series B round led by Natco Pharma Limited. The round also saw participation from Nithin Kamath and Nikhil Kamath and existing investor Alkemi Growth Capital.
12/09/2023

Fintech unicorn Razorpay acquires BillMe

Razorpay, a full-stack payments and banking platform for businesses, has acquired Mumbai-based digital Invoicing and customer engagement startup BillMe. Razorpay’s partnership with BillMe is strategically designed to empower businesses with a hybrid model to engage better with end customers
12/09/2023

1Bridge acquires technological assets of eSamudaay, closes bridge round

Village commerce startup 1Bridge has acquired all the technology assets of eSamudaay which is a network of software nodes connected on the ONDC protocol. 1Bridge also has an equity funding of INR 4 Cr in a bridge round from its existing institutional investor C4D Partners, Sudhanva Dhananjaya Family Office and […]
12/09/2023

Vertex Ventures Hits Final Close Of Fifth India, Southeast Asia VC Fund

Vertex Ventures, a venture capital investor backed by Singapore state investment firm Temasek Holdings, has marked the final close of its fifth India and Southeast Asia-focused fund at USD 541 Million.
11/09/2023

TrackWizz Secures Funding To Help Financial Institutions Fight Financial Crimes

Mumbai-based regulatory technology (regtech) company TrackWizz, a KYC, AML, & fraud prevention solutions for financial institutions, has raised an undisclosed amount of funding from WestBridge Capital.
11/09/2023

GOAT Brand Labs acquires remaining stakes in Frangipani

Tiger Global and Flipkart Ventures-backed G.O.A.T Brand Labs has acquired the remaining stakes from Mumbai-based kids clothing brand Frangipani from its founders. The Frangipani founders and G.O.A.T Brand Labs will combine their expertise to expand the brand’s presence pan India and take it global. G.O.A.T Brand Labs will aid the […]
11/09/2023

JustMyRoots acquires The State Plate

Intercity food delivery platform JustMyRoots has acquired a foodtech startup The State Plate (TSP), a regional packaged food and grocery delivery startup. With this acquisition, The State Plate plans to fortify its presence in the packaged intercity food market across India. The company plans to strengthen their expansion in the […]
11/09/2023

Decentralised exchange Brine Fi has secured USD 16.5 Million in a Series A funding exercise

Decentralised exchange Brine Fi, a decentralised exchange for institutions and high frequency traders, has secured USD 16.5 Million in a Series A funding exercise led by US-based investment firm Pantera Capital. The round also saw participation from Elevation Capital, Starkware Ltd, Spartan Group, Goodwater Capital, Upsparks Capital, Protofund Ventures and […]
11/09/2023

Tritiyaa Fine Jewellery has secured an undisclosed amount in a funding round from actress Parineeti Chopra.

Hyderabad-based Tritiyaa Fine Jewellery, an end-to-end jewellery brand, has secured an undisclosed amount in a funding round from actress Parineeti Chopra.
11/09/2023

Aaritya Tech has raised an undisclosed amount in a seed funding round from early-stage firms Accel and Elevation Capital.

Aaritya Tech, a new-age trading platform for individual investors to help them trade and invest, has raised an undisclosed amount in a seed funding round from early-stage firms Accel and Elevation Capital.
11/09/2023

altM has raised USD 3.5 Million in a seed funding round led by Omnivore.

altM has raised USD 3.5 Million in a seed funding round led by Omnivore. The round also saw participation from Theia Ventures, Thai Wah Ventures, Sanjiv Rangrass, Neha Mudaliar, Maninder Gulati from Oyo, Mirik Gogri from Spectrum Impact and Paula Mariwala from Aureolis Ventures.
07/09/2023

IPO-Bound Ola Electric Bags USD 140 Million At USD 5.4 Billion Valuation From Temasek, Others

Electric vehicle (EV) maker Ola Electric, Discover our intelligent and sustainable electric vehicles, has reportedly signed an agreement to raise USD 140 Million in a funding round led by Singapore’s sovereign wealth fund Temasek with participation from other existing investors. The capital will give the company more runway and ‘an […]
07/09/2023

Nazara Technologies bags INR 410 Cr from SBI Mutual Fund

Digital gaming and esports company Nazara Technologies, a leading diversified gaming & sports media platform with presence in India, Africa and North America, has raised INR 410 Cr from SBI Mutual Fund, marking the second tranche of INR 750 Cr fundraising.
07/09/2023

Biomaterials startup altM raises USD 3.5 Million in seed round

Biomaterials startup altM, leverages the manufacturing process to cater bio-materials at scale and help industries to reduce their carbon footprints across their supply chains, has secured USD 3.5 Million in a seed round led by Omnivore along with participation from Theia Ventures, Thai Wah Ventures, Sanjiv Rangrass, Neha Mudaliar, Maninder […]
06/09/2023

Ather Energy bags INR 550 Cr from Hero MotoCorp

Electric scooter manufacturer Ather Energy, an Indian two-wheeler electric manufacturer, has entered into an agreement to raise INR 550 Cr from multinational motorcycle manufacturer Hero MotoCorp. The Bengaluru-based company will be raising funds via right issue.
06/09/2023

Anicut raises INR 50 Cr from SIDBI startup fund

Alternative investment firm Anicut Capital has secured an investment of INR 50 Cr from the Small Industries Development Bank of India (SIDBI) for the Anicut Equity Fund. It aims to invest in 12-14 early growth-stage companies (Series A and B) across Anicut and non-Anicut portfolios over the next 18-24 months.
06/09/2023

SBI Investment, Evolvence Co-Lead USD 20 Million Round In Captain Fresh

Business-to-business fish and seafood company Captain Fresh, a farm-to-retail platform for animal protein–fish, seafood and sheep, has raised USD 20 Million in an extended Series C funding round co-led by SBI Investment and Evolvence Capital. The round also saw participation from Accel, Matrix Partners India, Prosus Ventures and Tiger Global.
06/09/2023

Soonicorn Ventures Launches USD 30 Million Angel Fund

Gurugram-based investment platform Soonicorn Ventures has launched an angel fund with a target corpus and a green shoe option of USD 30 Million. The sector-agnostic fund will invest in startups with an average ticket size between INR 50 Lakh – INR 4 Cr. It will participate in seed to Series […]
06/09/2023

Mel Sante Food Production Pvt. Ltd raised an undisclosed amount in its pre-seed funding round.

Mel Sante Food Production Pvt. Ltd, which operates the healthy snack maker Madmix, earlier known as Daily Staple raised an undisclosed amount in its pre-seed funding round. The round was led by Prime Securities and saw participation from Authum Investments and Team India Managers.
05/09/2023

Minjar Founder’s New AI Startup Atomicwork, Bags USD 11 Million To Help Enterprises Automate Workflows

HRtech startup Atomicwork, it brings your employees, IT systems, and HR operations together to drive business impact across your organization, has raised USD 11 Million in its seed funding round. The funding round was led by Blume Ventures and Matrix Partners and also saw participation from Storm Ventures, Neon Fund, […]
05/09/2023

Dailyninja founder’s startup GoodGudi raises seed round

GoodGudi, a fast lifestyle retail chain that will specialise in household and consumer goods, has raised seed money from a clutch of investors. The round was led by AC Ventures. The round also saw participation from April Ventures, Capinity Partners, and HNIs and angels including Kunal Shah and Aprameya Radhakrishna.
05/09/2023

Cirkla raises USD 3 Million in pre seed round led by Matrix and Stellaris

Cirkla, helps brands achieve their sustainability packaging goals through portfolio assessment, design and prototyping and global fulfillment, has raised USD 3 Million in a pre-seed funding round led by Matrix Partners India and Stellaris Venture Partners, with participation from angel investors.
05/09/2023

Interior design startup Flipspaces raises USD 4 Million in pre-Series B round

Mumbai-based interior design startup Flipspaces, provides interior design services and build projects for commercial spaces, has raised USD 4 Million in its pre-Series B round led by Prashasta Seth, former CEO of IIFL AMC. The funding round was a mix of equity and debt. The round also saw participation from […]
05/09/2023

Capital A leads seed round in solar startup Ellipsol

Solar company Ellipsol, develops a retrofittable solution to double the energy yield of conventional photovoltaic panels, has raised INR 2.5 Cr in a seed funding round led by Capital A. The funding round also saw participation of the Grand Anicut Fund and other investors.
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