Archive News


Naukri parent Info Edge picks up stake in test prep platform Adda247

Info Edge (India) Ltd, which owns and operates portals such as job site, has invested around INR 7 crore in Adda247, a test preparation platform for government and public-sector exams

Bengaluru-Based Enterprise Tech Startup Whatfix Acquires AI Platform Airim

Bengaluru-and San Jose-based enterprise tech startup, Whatfix, announced that it has acquired Airim, a tech company that provides AI-powered personalisation engine for users and customers

Logistics-tech startup ElasticRun hauls in USD 40 million from Prosus Ventures, others

Logistics and distribution firm ElasticRun has raised USD 40 million in a funding round led by Prosus Ventures, formerly known as Naspers Ventures and existing investors Avataar Ventures and Kalaari Capital also participated in the round

Impact investor Omnivore bets on agri-tech startup Fasal

Agricultural technology firm Fasal has raised INR 11 crore in its seed round of funding led by impact investor Omnivore and early-stage venture capital firm Wavemaker Partners

Wealth management app Fisdom pockets USD 11 million cheque from PayU, others

Bengaluru-based Finwizard Technology, which runs wealth management app Fisdom, has raised USD 11 million by selling a minority stake to a bunch of investors.

Enterprise AI Assistant Fireflies Raises USD 5 Million To Make Phone-Based Office Meetings More Effective

Hyderabad and San Francisco-based startup has raised USD 5 Million in its first funding round led by Canaan Partners

Shuttl Raises USD 42 Million From Toyota Group, SMBC Trust Bank

Bengaluru-based bus aggregator startup Shuttl has reportedly raised USD 42 Million in a Series C funding round from Toyota Group’s trading arm Tsusho Corporation and SMBC Trust Bank Ltd acting as trustee of Mirai Creation Fund II, among others. With this funding, the company will be valued at USD 213 […]

Times Internet-owned OTT Platform MX Player To Raise USD 110 Million From Tencent, Others

China-based technology conglomerate, Tencent, is reportedly in talks to lead a USD 110 Million investment round in video-streaming platform MX Player. The over the top (OTT) platform in 2018 was acquired by Times Internet, which also participated in this funding round

Online hotel booking startup MiStay raises funding from ah! Ventures, others

MiStay Hospitality, which runs online hotel reservations startup, has raised an undisclosed amount from a clutch of investors including the Mumbai-based ah! Ventures

Binny Bansal leads Series C funding round in restaurant analytics startup Mobikon

Restaurant marketing and analytics platform Mobikon has raised INR 88 crore in its Series C round led by Flipkart co-founder Binny Bansal

Stellaris, Fosun and others fund Lithius Energy

Lithius Energy, which owns and operates shared mobility platform Loca, has raised an undisclosed amount in its maiden funding round, led by Stellaris Venture Partners, Fosun RZ Capital, and some well-known startup entrepreneurs

HRTech Startup That Uses Video Games For Job Screenings Gets Funding

HRtech startup Talent Litmus, has announced an undisclosed funding round from Inflection Point Ventures (IPV) and Haptik cofounder Aakrit Vaish Let’s Venture

Shiksha Financial gets debt funding from Northern Arc, Dutch investor Triodos

Shiksha Financial Services India, a Chennai-based non-banking financial company that focuses on educational loans, has raised INR 30 crore by issuing non-convertible debentures

Japan’s Credit Saison floats VC fund to invest in India, Southeast Asia

Saison Capital the VC arm, aims to deploy up to USD 55 million through equity investments in early-stage startups

Fintech Startup Wealthy Bags USD 1 Million From Good Capital, Emphasis Ventures

Wealth management startup Wealthy has raised USD 1 Million fund in a round led by early-stage venture capital firm Good Capital

Shared Mobility Startup Loca Bags Its First Round of Funding From Stellaris, Fosun, Others

Shared Mobility Startup Loca Bags its first Round of funding From Stellaris, Fosun, Others

Wellness brand Pee Safe raises Series A funding from Alkemi

Health and wellness brand Pee Safe has raised INR 30 crore in its Series A funding round led by Alkemi Growth Capital

SaaS startup Crediwatch raises around USD 3 Million from VC firm Artis Labs

Bengaluru-based Software as a Service company, Crediwatch, has raised around USD 3 million from San Francisco Bay Area-based venture capital company Artis Labs

Stage3 raises USD 2 Million in a pre-Series A funding round

Delhi-based fashion-rental and styling platform Stage3 has raised USD 2 million in a Pre-Series A funding round.The round was led by Blume Ventures

Healofy Back On Track With Funding From Japan Based M&S Partners

Women and parenting-focussed social networking platform Healofy has raised undisclosed funding from Hiro Mashita-led Japanese investment firm M&S Partners

US-Based SHL All Set To Acquire HRtech Startup Aspiring Minds For USD 80 Million

S-based talent evaluation company SHL, on October 22, announced its plans to acquire Gurgaon-based job credentialing platform Aspiring Minds for an undisclosed amount. The deal is expected to close in November and cost somewhere between USD 80-100 Million

Omidyar leads seed funding round in education loans platform Credenc

Credenc Web Technologies, an education loans platform, said on Tuesday it has raised around INR 18 crore in a seed funding round led by impact investor Omidyar Network India

VC-backed Veeba Food raises fresh funding as valuation jumps

Specialty food ingredients maker Veeba Food Services Pvt Ltd has raised fresh capital from one of its existing investors

Ayushmann Khurrana invests in Helios Lifestyle

Actor Ayushmann Khurrana has invested an undisclosed amount in Helios Lifestyle, the parent entity of The Man Company, a men’s grooming brand