Archive News


Entrust Family Office invests in skincare clinic chain Oliva

Bengaluru-based Entrust Family Office Investment Advisors, an advisory firm that offers investment services to high-net-worth individuals, has invested INR 10 crore in Sreyas Holistic Remedies Pvt Ltd on behalf of its clients.

MogliLabs gets USD 23 million in round led by Accel Partners and IFC

MogliLabs, which owns and operates B2B industrial goods marketplace Moglix, has raised USD 23 million in a fresh round of funding, led by marque venture capital firm Accel Partners and existing investor International Finance Corporation (IFC).

Naspers leads USD 540 million investment round in Byju’s

Bengaluru-based Think and Learn Pvt Ltd, which runs ed-tech startup Byju’s, has raised USD 540 million in a round led by South African tech conglomerate Naspers.

Venture Catalysts backs diaper maker Superbottoms

Incubation platform Venture Catalysts has invested an undisclosed amount in Superbottoms, which makes diapers for babies.

Omidyar Network India strikes first overseas deal with bet on ringtone app Vyng

Impact investment firm Omidyar Network India has made its first overseas bet by jointly leading a Series A investment of USD 4 million in Vyng.

FINO Paytech backs fintech startup CityCash to set up payments solution

Financial services company FINO PayTech Ltd has invested an undisclosed amount in Mumbai-based fintech startup CityCash.

Gray Matters Capital invests in govt jobs app MadGuy Labs

US-based impact investment firm Gray Matter Capital has invested USD 150,000 in Hyderabad-based government jobs app MadGuy Labs.

Sagisu secured seed funding

Sagisu, an intra-city logistics solution provider, has secured USD 2,100,000 in a seed funding round from prominent investors in the US and India.

Venture Catalysts backs Ambee

Venture Catalysts has invested an undisclosed amount in Bengaluru-based environmental intelligence startup Ambee

Matrix Partners invests in Housejoy

Online services marketplace Housejoy has raised about USD 3,240,000  in a bridge funding round led by existing investor Matrix Partners.

Vyng raises USD 4 million from Omidyar, others

Vyng, a Los Angeles-based company focused on transforming how conversations start on mobile, has raised USD 4 million in a Series A round co-led by Omidyar Network India and returning investor March Capital Partners.

US-based impact investor backs recruitment startup FeedMyPockets

Bengaluru-based on-demand staffing platform FeedMyPockets has raised seed funding of USD 625,000 from an undisclosed impact investor based in South Florida, US.

LambdaTest gets USD 1 million in Pre-Series A funding

LambdaTest, a cloudbased testing platform, has a pre-series A funding of USD 1 million from Leo Capital, a venture capital firm.

Prime Venture backs Foodybuddy’s pre-Series A funding round

Foodybuddy, a home-cooked food distribution network, raised INR 6 crore from Prime Venture Partners in Pre-Series A funding round.

Auctus leads USD 3.5 million funding in Pimcore

Pimcore, an open-source platform for data and customer experience management, has closed USD 3,500,000  in a Series A funding round led by German investor Auctus Capital.

Lead Angels, Eagle10, Contrarian Drishti lead funding in SaaS firm Zestl

Pune-based Zestl Software Pvt Ltd, which operates an enterprise SaaS (software-as-a-service) platform for automated workflows, has raised an undisclosed amount in a pre-Series A round The round was jointly led by Mumbai-based Lead Angels Network, Eagle10 Ventures and Contrarian Vriddhi Fund.

Accel, Syngenta invest in B2B marketplace Ninjacart’s Series B round

Bengaluru-based 63Ideas Infolabs Pvt Ltd, which runs business-to-business agri-marketing platform Ninjacart, has raised INR 250 crore in a Series B funding round led by US-based Accel and Switzerland-based agri investor Syngenta Ventures.

China’s Fosun, others back online loan facilitator PerkFinance

Bengaluru-based online platform PerkFinance, which facilitates loans through its lending partners to blue-collar workers, has raised USD 900,000 in a seed round from China’s Fosun RZ Capital and angel investors Eric Bunting, Krishna Vinjamuri and Karan Virwani.

Sequoia Capital invests USD 9 million in mattress maker Wakefit

Mattress maker Wakefit Innovations Pvt Ltd has raised INR 65 crore in a Series A round of funding from venture capital firm Sequoia Capital

Tiger Global’s India hiatus ends, jointly leads investment in social platform Roposo

Roposo, a social platform for sharing photos and videos, has raised USD 10 million in its latest round of funding led by existing investors Tiger Global Management and Bertelsmann India Investments (BII)

Kae Capital, Tekton invest in Freightwalla

Digital freight logistics startup Freightwalla has raised an undisclosed amount in its seed round from early stage venture capital firm Kae Capital and US-based Tekton Ventures.

Hero Electric raises USD 22 million from Alpha Capital in maiden funding round

Electric scooter maker Hero Electric has raised INR 160 crore from Mumbai-based Alpha Capital to build its second factory, develop new products and expand dealer network on hopes that local demand for its eco-friendly products will nearly double in the next few years

Vehicle marketplace MYNEWCAR secures bridge round from HNIs

Multi-brand car marketplace MYNEWCAR has raised USD 1 million in a bridge funding round from high net worth individuals

Faering Capital invests in auto finance firm WheelsEMI’s Series B round

WheelsEMI Pvt Ltd, a non-banking financial company (NBFC) which provides financing for pre-owned two-wheelers, has raised INR 100 crore in a Series B round of funding led by mid-market private equity firm Faering Capital.