Archive News


Vir Sanghvi invests in product review startup Mishry

Senior journalist and entrepreneur Vir Sanghvi has invested an undisclosed amount in startup Mishry, which reviews products in the cooking and dining segment.

Accel, former Tiger Global exec Lee Fixel invest in SaaS startup Ally

Ally, a business execution management software startup has raised USD 8 million in its Series A round of funding led by venture capital firm Accel.

Goldman Sachs, China insurer Ping An’s fund lead funding in Nexus-backed H2O ai

H2O ai Inc, an artificial intelligence startup whose algorithms are used by firms to predict fraud, customer churn etc has raised a Series D funding round.

SoftBank Fund makes energy-storage bet

Vision Fund which is created by Japanese tech giant SoftBank Group Corp is investing USD 110 million in Energy Vault, a Swiss startup that use cranes and concrete to store energy

Twitter, TrustBridge help ShareChat close USD100 million round

Regional language social networking platform ShareChat has completed a USD 100 million equity financing round led by microblogging site Twitter with participation from private equity firm TrustBridge Partners.

Robot maker Miko raises 53 cr in Series A investment

Miko, a company that makes emotive robots that can engage and educate children is raising a USD 7.5 million in Series A round led by Chiratae Ventures, YourNest Venture Capital, investor Bruno Raschle’s family office and a group of angel investors.

Ola acquires Pikup ai aims to develop deep tech solutions for mobility

Ola has acquired Pikup ai, an artificial intelligence startup based out of Bangalore which is Co-founded by Inder Singh and Ritwik Saikia.

Online craft marketplace Tjori raises pre-Series A funding

Online craft marketplace Tjori has raised USD 700,000 in its pre-Series A funding round from a clutch of investors in India and the Middle East.

John Chambers-backed AI startup Uniphore closes Series C funding round

Uniphore Software Systems Pvt Ltd has raised USD 51 million in a Series C funding round led by March Capital Partners including Chiratae Ventures, Sistema Asia, CXO Fund, Iron Pillar and the Patni family.

Meesho bags USD 125 million from Facebook, Naspers & others

Social commerce startup Meesho has raised USD 125 million, led by South African media and internet group Naspers, with participation from US technology company Facebook and existing investors SAIF Partners, Sequoia Capital, Shunwei Capital, RPS and Venture Highway.

Swiss impact investor responsAbility leads USD 10 million funding in Aye Finance

Aye Finance Pvt Ltd has raised debt worth USD 10 million led by Zurich-based responsAbility Investments AG and joined by US development finance agency Overseas Private Investment Corp and European pension fund Alecta.

Bertelsmann India leads USD 30 million funding in gold loan platform Rupeek

Rupeek Fintech Pvt Ltd, a financial technology company that operates an online marketplace for gold loans has raised USD 30 million in a funding round led by Bertelsmann India Investments, the strategic investment arm of Germany’s Bertelsmann SE & Co KGaA.

Fashion-tech startup GetNatty secures seed funding

GetNatty Designtech Pvt Ltd, an online-to-offline designer brands aggregator and fashion discovery platform has raised seed funding from a bunch of individuals that i includes Abhay Kumar, chairman and managing director of realty firm Grihapravesh Buildteck, and former Indian Revenue Service officer Binod Choubey.

Ant Financial may set terms for Zomato’s USD 500 million round

Zomato’s key stakeholder, Ant Financial, is likely to have a critical say in the food delivery platform’s plans to raise around USD 500 million in a new funding round.

Software firm Innovaccer to raise USD 60 million

Tiger Global Management and Steadview Capital along with Dragoneer Investment Group, are in advanced talks to invest USD 50-60 million in Innovaccer, an enterprise software company focusing on putting together healthcare data collected at various points.

Tiger Global, Vogo in USD 50 million talks

New York-based investment firm Tiger Global Management is in preliminary talks with Vogo Automotive, which owns and operates an eponymous scooter rental platform, to invest USD 40-50 million in the Bengaluru-headquartered startup

ChrysCapital leads USD 30 million round in Awfis

ChrysCapital, has led a USD 30 million equity funding round in coworking space provider Awfis Space Solutions.

German firm invests in Indian IoT and machine learning venture Winjit

Germany’s RIB Software SE has invested in Nashik-based Winjit Technologies Pvt Ltd to strengthen its capabilities in emerging technologies such as internet of things and artificial intelligence.

Agri-tech startup Gramophone raises Series A funding from Info Edge, others

Agricultural technology startup Gramophone, which provides actionable insights to farmers through its platform, has raised USD 3,5 million in its Series A round of funding from a clutch of investors.

Temasek lining up USD 100 million for Ascent Health and Wellness

Temasek is finalising an estimated USD 100 million equity financing round in Ascent Health and Wellness, as global investors continue to pump in capital in pharmaceutical ventures.

Faasos parent Rebel Foods gets USD 125 million from Coatue, others

Rebel Foods, which owns and operates multi-brand cloud kitchen platforms, has raised USD 125 million in a fresh round of funding, led by New York-based technology-focused hedge fund Coatue Management.

Walmart likely to put USD 50 million into NinjaCart

US retailing behemoth Walmart has committed to investing close to USD 50 million in fresh fruit and vegetable supply chain startup Ninja-Cart.

Healthcare services aggregator Plunes raises angel funding

Plunes Technologies Pvt Ltd, which provides medical solutions by aggregating doctors and healthcare service providers, has raised USD120,000 from angel investors as part of an ongoing seed round.

Venture Catalysts sets up USD 43 million accelerator fund to back startups

Venture Catalysts, a Mumbai-based startup incubation platform, has floated a fund with a corpus of INR 300 crore to help early-stage Indian startups expand their business.