Archive News

06/06/2018

London’s founders factory backs Indian AI startup Orbo to help it scale across Europe

Mumbai-based Orbo, a computer vision, and AI imaging startup has received an undisclosed amount of funding from the London-based incubator and accelerator Founders Factory in a Seed round.
06/06/2018

Ascendas-Singbridge ropes in Temasek as investor for India logistics programme

Temasek and Ascendas-Singbridge Group have jointly committed INR 2,000 crore (around USD 300 million) to invest in logistics and industrial real estate in India.
06/06/2018

Unicorn India eyes first close for venture debt fund at nearly USD 30 million

Early-stage venture capital firm Unicorn India Ventures expects to hit the first close of its maiden venture debt fund at INR 200 crore by the end of July.
06/06/2018

Evalueserve ex-COO’s investment firm backs health-tech startup Navia

Health-tech startup Navia Life Care Pvt Ltd has raised a bridge round of USD 100,000 (INR 67 lakh) from existing investor Benori Ventures LLP, which is led by research major Evalueserve’s former chief operating officer Ashish Gupta
06/06/2018

NB Ventures backs home healthcare aggregator Zoctr

Zoctr, a startup that allows users to buy health-related services and home-based wellness packages online, has raised an undisclosed amount in a pre-Series A round of funding from Dubai-based NB Ventures Ltd
05/06/2018

ShareChat close to raising USD 100 million led by Xiaomi

Vernacular social networking app ShareChat is close to raising USD 100 million in a financing round led by Chinese mobile phone manufacturer Xiaomi.
05/06/2018

Nexus Venture Partners raises 70% of USD 450 million target for new fund

Home-grown venture capital firm Nexus Venture Partners has raised 70% of the targeted USD 450 million  for its new fifth fund
05/06/2018

Venture Catalysts invests in budget eyewear retailer ClearDekho

Uttar Pradesh-based online eyewear marketplace ClearDekho has raised INR 2 crore (about USD 300,000) in a pre-Series A investment round from funding and incubation platform Venture Catalysts.
05/06/2018

New and existing investors back logistics-tech startup Locus

Logistics management startup Locus has raised USD 4 million in a pre-Series B round of funding from Rocketship vc, Recruit Strategic Partners, pi Ventures and Hemendra Kothari of DSP Group.
05/06/2018

SRI Capital invests in content platform Sports Flashes

New Delhi-based India Sports Flashes Pvt Ltd, which operates sports content app Sports Flashes, has raised USD 1 million in a pre-Series A funding round from early-stage venture capital fund SRI Capital.
05/06/2018

Early-stage investor Metaform Ventures backs logistics startup Hey Deedee

Hey Deedee, a Mumbai-based startup touted as India’s only all-women last-mile logistics services firm, has raised pre-seed funding of USD 500,000 from early-stage investor Metaform Ventures LLC.
05/06/2018

US firm invests in Bengaluru-based sales analytics startup DigiConnectt

DigiConnectt, an artificial intelligence startup that offers sales analytics and enablement solutions, has raised USD 125,000 in seed funding from US-based transport management solutions company Aspire Logistics LLC.
05/06/2018

Angel investors back crowdfunding platform Crowdera

Crowdera, which runs an online crowdfunding platform, has raised an undisclosed amount from angel investors as part of a pre-Series A funding round.
05/06/2018

Angels invest in online handicrafts marketplace Kashmir Box

Srinagar-based Kashmir Box, an online marketplace for handicrafts, handlooms and local produce, has raised an undisclosed amount in an angel funding round from a clutch of prominent investors.
04/06/2018

Sabre Partners leads Series B round in lending startup CoinTribe

CoinTribe, a credit-based lending marketplace for small and medium enterprises raised over USD 10 million (INR 67 crore) in a Series B funding round led by India-centric mid-market private equity firm Sabre Partners
01/06/2018

Sequoia backs USD 30 million round in FreeCharge co-founder Kunal Shah’s new venture

Payments company FreeCharge co-founder Kunal Shah has raised USD 30 million for his upcoming venture from a clutch of investors led by venture capital investor Sequoia Capital.
01/06/2018

Goldman Sachs backs USD 31 million Series A round in India’s Cytecare Hospitals

Bangalore-based Cytecare Hospitals Pvt Ltd, a cancer care provider,raised USD 31 million in Series A round, which saw participation from global investment bank Goldman Sachs.
01/06/2018

Accion Venture Lab, YourNest invest in SME lender CredRight

Hyderabad-based fintech startup CredRight has raised  INR 9 crore in a pre-Series A round of funding from seed-stage impact investment firm Accion Venture Lab, early-stage investor YourNest Venture Capital.
31/05/2018

Gates Foundation, IndusAge led USD 14 million funding iIn IoT focused dairy-tech startup Stellapps

Backed by industry marquees including Omnivore Capital, Flipkart executive chairman Binny Bansal, Bengaluru-based dairy-tech startup Stellapps has now added Bill and Melinda Gates Foundation and IndusAge Partners to its list of investors, raising USD 14 million in a recent funding round
31/05/2018

IFC proposes USD 40 million investment in packaging products firm Time Technoplast

International Finance Corporation, a member of the World Bank Group, has proposed to invest about USD 40 million million in Time Technoplast Limited (TTL), an Indian manufacturer of polymer-based industrial packaging products
31/05/2018

Treebo Hotels acquires Bengaluru-based travel startup Events High

Budget hotel chain Treebo Hotels, operated by Ruptub Solutions Pvt Ltd, has acquired Bengaluru-based travel start-up Events High, which operates an online discovery platform for local events and activities.
30/05/2018

Hero Electronix acquire IoT startup Zenatix

Hero Electronix, part of the Hero Group, has acquired Gurgaon-based Zenatix, an enterprise-focused Internet-of-things company, for an undisclosed amount.
30/05/2018

Payments startup ToneTag raises up to USD 10 million from  Amazon

Naffa Innovations Pvt Ltd, which operates digital payments start-up ToneTag, has raised USD 8-10 million from a clutch of marquee, strategic investors led by Amazon Inc and Mastercard.
30/05/2018

Vokal acquihires quizzing app company StupidChat

Vokal, which runs a knowledge-sharing platform, has acquihired quizzing app firm StupidChat Technologies in an all-stock deal.
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