Archive News

19/02/2020

Virat Kohli, Anushka Sharma invest in Prem Watsa backed Digit Insurance

Star couple Virat Kohli and Anushka Sharma have invested a combined around INR 2 crore in Canadian billionaire Prem Watsa backed insurance startup Digit.
19/02/2020

Reliance Invests around around INR 140 Crore In JioSaavn To Take On International Competition

Mumbai-based JioSaavn has received around INR 140 Crore infusion from parent entity Reliance Industries Limited.
19/02/2020

Edtech startup AvalonMeta gets funding from blockchain firm Peerplays, others

AvalonMeta Ventures, a startup combining education and gaming, has raised INR 3 crore led by a blockchain-based gaming company Peerplays.
19/02/2020

Snapdeal founders, others bet on women hygiene startup Sanfe

Sanfe, a startup that sells women-focused toilet hygiene products, has raised 8 crore in a pre-Series A round of funding from investors including SucSEED Venture Partners and Titan Capital.
19/02/2020

FIITJEE-backed ed-tech startup PlanetSpark pockets pre-Series A cheque

PlanetSpark, a Gurugram-based gamified learning solutions startup, has raised around INR 3 crore as part of its pre-Series A round of funding and the capital was raised from three angel networks, the Indian Angel Network, Lead Angels and Hyderabad Angels.
19/02/2020

MaxWholesale raises Series A funding from IAN Fund, Abu Dhabi family office

MaxWholesale, a business-to-business (B2B) e-commerce and supply chain platform, has raised USD 3 million in its Series A round of funding and the funding round was co-led by IAN Fund, the eponymous debut fund of the Indian Angel Network (IAN), and Al Falaj Investment Co, an Abu Dhabi-based private family […]
18/02/2020

World V launches INR100 crore fund for Indian startups

With a corpus of INR 100 crore, World V Technology Fund -Series 1 will invest in early to mid-stage companies working in industries such as consumer, healthcare, finance, logistics and entertainment and it will lead the investment in both consumer facing and B2B companies working on emerging technologies, including cloud, […]
18/02/2020

Blume-backed Carbon Clean Solutions raises USD 16 million from three global investors

Clean-tech firm Carbon Clean Solutions, has raised USD 16 million in a new funding round from three global investors US-based WAVE Equity Partners and Chevron Technology Ventures, and Japan-based Marubeni Corporation.
17/02/2020

Falcon Edge raises USD 300 million India dedicated fund

US investment firm Falcon Edge Capital has raised a USD 300 million India-focused fund, Alpha Wave Incubation (AWI) anchored by an undisclosed entity of the Government of Abu Dhabi and investors from the UAE, according to three people familiar with the matter and the fund will invest in 60-80 early-stage […]
17/02/2020

Onsitego Bags USD 19 Million From Zodius, Accel

Mumbai-based extended warranty and device protection service provider, Onsitego, has raised USD 19 Million in a Series B funding round led by Zodius Growth Fund.
17/02/2020

Shuttl Gets INR 57 Crore In The Bank From SIG Global India Fund

Gurugram-based bus aggregator startup Shuttl has raised INR 57 Crore in its Series C funding round from a private equity firm, SIG Global India Fund.
17/02/2020

BigBasket’s B2B Arm Raises Debt Funding From Trifecta Capital

Bengaluru-headquartered grocery company BigBasket has received INR 25 Crore worth debt funding from Trifecta Capital and the company has issued 250 Series C debentures worth INR 10 Lakh each to Trifecta.
17/02/2020

CYFIRMA Bags USD 3 Million To Improve Cybersecurity Capabilities

Singapore-headquartered cybersecurity startup CYFIRMA, has raised USD 3 Million Series A funding round from early-growth private equity fund Z3 Partners.
14/02/2020

Simsim’s parent SZS Tech raises USD 8 million in Series B

SZS Tech, which owns and operates vernacular social commerce and discovery platform Simsim, has raised a shade over USD 8 million in its Series B funding round and the funding round was led by two of Simsim’s existing investors, China’s Shunwei Capital and marquee venture capital firm Accel Partners.
14/02/2020

Esper Looks To Strengthen Indian Presence With around INR 54 crore Series A Funding

Bengaluru-based enterprise tech startup Esper has raised around INR 54 crore in Series A funding and the investment has been led by US-based venture capital firm Madrona Venture Group, with participation from existing seed investors Root Ventures, Ubiquity Ventures, Haystack Ventures, and Pathbreaker Ventures.
14/02/2020

GGV Capital leads Series C extension round in ed-tech startup Vedantu

Interactive online tutoring platform Vedantu Innovations, has raised USD 24 million as part of an extension of its Series C round of funding and the funding round is led by GGV Capital, the global venture capital firm
14/02/2020

Triton Investment bets on AI-based quality assessment startup CamCom

Triton Investment Advisors, a Mumbai-based venture capital firm, has invested in an artificial intelligence and deep learning-based startup CamCom that is focussed on quality assessment, defect and damage detection.
14/02/2020

Payments infrastructure provider YAP gets funding from Cred’s Kunal Shah, others

M2P Solutions, which operates payments-focussed application programming interface (API) startup YAP, has raised INR 10 crore in an angel funding round and the round was led by former PayU India CEO Amrish Rau.
14/02/2020

Omnivore backs former Aavishkaar executive agri-tech startup Clover

Clover Ventures, an agri-tech startup set up by a former executive at impact investment firm Aavishkaar Venture Management Services, has raised INR 39 crore from venture capital firm Omnivore.
14/02/2020

TVS Motor refuels US analytics startup Scienaptic with fresh capital

TVS Motor Company Ltd is investing an additional INR 14 crore in New York City-based big data analytics startup Scienaptic Systems Inc.
14/02/2020

BCCL’s Times Bridge bets on US-based meditation startup Headspace

Headspace Inc, which runs an online meditation and mental health platform, has raised USD 93 million in mixed equity and debt funding round. The equity portion of the Series C round, comprising $53 million, was led by Blisce, the US-based growth stage venture firm.
13/02/2020

Parampara Capital Founders Launch USD 100 Million Inflexor Fund

In a bid to support India’s early-stage startup ecosystem, founders of Hyderabad-based venture capital firm, Parampara Capital, have announced the launch of a new USD 100 Million fund- Inflexor Technology Fund.
13/02/2020

Easypolicy, Quickbima Merge To Improve Tech, Customer Experience

Online insurance policy aggregators Easypolicy and Quickbima, announced the merger of the two companies and under the agreement of these companies, the merged entity will operate under the brand name of Easypolicy.
13/02/2020

PoS Player Innoviti Raises USD 5 Million From Dutch Development Bank FMO

Bengaluru-based digital payments solutions company Innoviti has raised USD 5 Million in debt funding from FMO, the Dutch development bank.
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