Archive News


Springboard gets Series B cheques from Australian VC, Microsoft co-founder’s fund

Education-technology platform Springboard, which provides career upskilling services to professionals, has raised USD 31 million in a Series B funding round led by Australian venture capital firm Telstra Ventures. Vulcan Capital, the investment arm of Microsoft co-founder Paul Allen and US-based SJF Ventures were the other new investors in the […]

DrinkPrime raises pre-Series A round led by Sequoia Surge

Subscription-based Water purifier startup DrinkPrime has secured INR 21.56 crore in its pre-Series A funding round led by Sequoia Surge. Other investors in the round include Omidyar, AL Trust, Nikhil Jaisinghami, R Ramakrishnan, and Anand Ladsariya.  

Video analytics startup Wobot raises pre-Series A funding from Sequoia

Wobot Intelligence Pvt Ltd, which operates an artificial intelligence-backed video analytics platform, has raised an undisclosed pre-Series A funding from Sequoia Capital India.  

Fintech platform Crowdpouch raises angel funding from Elina Investments

Crowdpouch Marketing Services Pvt Ltd, a platform that enables artists and entrepreneurs to launch a product through pre-selling or fundraising, has raised an undisclosed from Elina Investments.  

Short video app Bolo Indya raises USD 300K from Eagle10 Ventures, India Accelerator Group

Short video app Bolo Indya raises USD 300K investment from Eagle10 Ventures, India Accelerator Group and high net worth individuals. This has taken the total raise by the company to over USD 500K till date.  

SaaS startup inFeedo raises USD 700,000 in Series A round from Y Combinator

SaaS-based HR-tech startup inFeedo has raised USD 700,000 Series A round of funding led by Y Combinator. A couple of Indian founders and CEOs also took part in the round.  

IoT startup Probus Smart Things raises seed funding from Unicorn India Ventures

Probus Smart Things, the New Delhi-based IoT startup focussed on power sector, has received an undisclosed seed funding from Unicorn India Ventures.  

Workflow automation app Delightree raises USD 3 Million in seed round

San Francisco and Delhi-based Delightree, a workflow automation app for businesses, has raised USD 3 million in a seed round from Accel Partners, Emergent Ventures, Brainstorm Ventures, Axilor Ventures, and Alchemist Accelerator.  

Oyo founder Ritesh Agarwal sets up Aroa Ventures to place startup bets

Ritesh Agarwal, group chief executive of SoftBank-backed hospitality chain Oyo Hotels & Homes, has set up a new entity, Aroa Ventures, which will look to place early- to growth-stage bets. Aroa Ventures plans to invest between USD 500,000 and USD 5 million, and is targeting opportunities across the consumer, technology […]

Impact investor Acumen Fund leads pre-Series A funding in Haqdarshak

Haqdarshak Empowerment Solutions Pvt. Ltd, which operates a startup focussed on the delivery of government financial schemes and citizens, has raised an undisclosed pre-Series A funding led by impact investor Acumen Fund. Other investors in the round include Upaya Ventures and angel investors.  

Muse Wearables gets funding from KIMS Hospitals founder, others

Muse Wearables, a startup that sells hybrid smartwatches with a focus on fitness and payments integration, has raised INR 22 crore in funding from new and existing investors. The funding round was led by Bhaskar Rao Bollineni, the founder and managing director of KIMS Hospitals.  

Rural ecommerce startup VilCart raises bridge round from current, new investors

VilCart, a tech startup that enables retailers in villages and small towns to order consumer goods digitally, has raised a bridge funding round.  

Israel’s CrazyLabs invests in game development studio Firescore

Firescore Interactive Pvt. Ltd, a mobile game development studio, has raised INR 3.73 crore in a funding round led by multinational studio and publisher CrazyLabs.  

Healthtech startup Wellcure raises USD 200,000 from Inflection Point Ventures

A health tech platform, Wellcure aims to democratise natural healing and has raised a seed funding of USD 200,000 from Inflection Point Ventures (IPV).  

UAE’s Foundation Holdings leads Series D funding in Toppr

Toppr Technologies Pvt. Ltd, which runs an eponymous ed-tech startup, has raised INR 350 crore in its Series D round of funding led by UAE-based family investment office Foundation Holdings. Education-focused private equity firm Kaizen Management Advisors also participated in this round.  

Pickright Technologies raises USD 175K from angel investors

Pickright Technologies, a marketplace for stock market investors and advisors, on Tuesday announced that it has raised USD 175,000 in a seed round of funding from angel investors. These include serial investor Sanjay Mehta-led venture capital firm 100X.VC,  Vikram Pandya, Director at SP Jain School of Global Management and others. […]

Spoonjoy co-founders’ SaaS startup Hevo Data snags Series A cheque

Hevo Data, Inc., a data integration platform launched by the co-founders of online meal delivery startup SpoonJoy, has raised USD 8 million in its Series A round of funding led by Singapore-based venture capital firm Qualgro. Existing investors Chiratae Ventures and Surge, the startup accelerator platform of Sequoia Capital India […]

BulBul raises USD 8.7 Million SeriesA round led by Info Edge

Social commerce startup BulBul has raised USD 8.7 million in a round led by Info Edge. While Info Edge invested around USD 6.63 million, the remaining sum poured in by the existing investors that include Sequoia and Leo Capital.  

Home services startup Rekla pulls in seed funding

Rekla, which offers manpower for home services as well as delivers essential items, has raised an undisclosed seed funding from angel investors.  

GigIndia raises INR 7.3 crore Pre-Series A round from Incubate Fund India, others

Pune based, B2B gigs marketplace GigIndia has raised INR 7.3 crores in Pre-Series A led by Incubate Fund India with participation from Beyond Next Ventures. Existing angel investors also participated in the round.

Legal-tech startup Lawyered raises bridge round

Sproutech Solutions, a Delhi-based company that owns and operates legal-tech platform Lawyered, has raised an undisclosed amount in a bridge round of funding led by angel investors from the US, UK and Canada.  

SATYA MicroCapital raises INR 72.5 crore from BlueOrchard Finance

New Delhi-based microfinance startup SATYA MicroCapital Limited has announced that it has raised INR 72.5 crore led by Swiss impact investor, BlueOrchard Finance Limited.  

IFC to offer USD 30 million to vaccine maker Biological E

The International Finance Corporation (IFC), the private-sector investment arm of the World Bank, has proposed to provide a loan of up to USD 30 million to Hyderabad-based vaccine manufacturer Biological E Ltd.  

Matrix Partners, SAIF invest in seed funding round of fintech firm Jodo

Bharosepe Technology Services Pvt. Ltd, which operates financial-technology firm Jodo, has raised INR 28.5 crore in seed funding from investment firms including Matrix Partners, SAIF Partners, and a clutch of high net-worth angel investors.