Archive News


GoMechanic raises up to USD 4.9 million in funding round led by Sequoia Capital

Automobile repair and service solution startup GoMechanic has raised INR 30-35 crore in a Series A round led by Sequoia Capital.

M1xchange raised a Series A round of funding

M1xchange, run by Mynd solutions Pvt Ltd, has raised a Series A round of funding from Mayfield India and SIDBI Ventures.

SAMA NextGen raise funding

Singapore-based SAMA NextGen Pte Ltd has raised an undisclosed amount in a pre-Series A round of funding from affluent individuals

Sheroes makes another acquisition with women’s health app Maya

Sheroes, a community platform for women, has acquired Bengaluru-based women’s health app Maya in all-stock deal.

Lightspeed leads fresh funding round in FreshMenu

Bengaluru-based Foodvista India Pvt Ltd, which operates cloud kitchen and food delivery platform FreshMenu, has raised Rs 21 crore in a fresh funding round.

Japanese investor leads USD14-million funding round in Truebil

Mumbai-based online marketplace for pre-owned cars Truebil has raised a fresh investment of INR 100 core the round was led by Japanese investor Joe Hirao, the founder of multi-business firm ZIGExN

Kalaari Capital adds 3 venture partners, plans to raise USD 200 million for new fund

Vani Kola-led venture capital firm Kalaari Capital has beefed up its leadership team as it gears up to raise a USD 200-million fourth India-dedicated fund this year.

Sehgal, Munjal scions put INR 100 crore in AdvantEdge Founders Fund-II

Laksh Vaaman Sehgal and Abhimanyu Munjal have invested in early-stage investment INR 100 crore in AdvantEdge’s second fund-II.

John Chambers sets up plans take Indian startups global

John Chambers, chairman emeritus of Cisco and founder of JC2 Ventures, sets up plans to invest in Indian startups and entrepreneurs.

SoftBank invests USD 150 million in FirstCry as part of larger round

Pune-based Brainbees Solutions Pvt Ltd, which operates online-first baby products retailer FirstCry, has raised USD 150 million as part of the first tranche of a new funding round from Japanese tech conglomerate SoftBank

Kalaari Capital invests in agri-tech startup

Early-stage venture capital firm Kalaari Capital has bet on a startup in the agricultural technology segment punjab-based agri-analytics startup AgNext Technologies.

CIIE, Axilor and Unitus back radiology platform 5C Network

Bengaluru-based radiology platform 5C Network (India) Pvt Ltd has raised an undisclosed seed amount from Unitus Ventures, Axilor Ventures, and the Centre for Innovation Incubation and Entrepreneurship.

DSG Consumer Partners bets on personal care startup Arata

Early-stage investment firm DSG Consumer Partners has invested INR 3,5 crore in personal care products maker Arata Zero Chemicals.

Byju’s buys US learning platform Osmo for USD 120 million

Education technology firm Byju’s on Wednesday said it has acquired US-based learning platform Osmo for USD 120 million as part of an aggressive international expansion plan.

Loantap raises INR 57 crore

Digital lending platform Loantap raised INRs 57 crore through a combination of debt and equity in its fifth round of fundraising led by Bengaluru-based early-stage venture capital fund 3one4 Capital, existing investors such as Shunwei Capital, Kae Capital, India Quotient, Tuscan Venture and angel investor Ashish Goenka also participated.

Komparify acquires iReff; Dailyhunt secures additional Series E capital

Komparify, a mobile recharge platform, acquired iReff, a mobile plans app, for an undisclosed sum in an all-cash deal

Alteria Capital invests in digital lender ZestMoney

Bengaluru-based shopping loan marketplace ZestMoney raised funding from venture debt firm Alteria Capital

Lightspeed, Bain value Indian founders-led Rubrik at USD 3.3 bn in new round

Cloud data management firm Rubrik has raised USD 261 million in a Series E round of funding from new and existing investors.

AnyPay leads investment in digital payments firm Instamojo

Online payments, commerce and lending platform for small businesses Instamojo Technologies Pvt. Ltd said it has raised USD 7 million in a Series B funding round, led by existing investor AnyPay.

Danone’s venture arm bets on Epigamia yogurt maker in debut Asia deal

Drums Food International Pvt Ltd  has raised INR 182 crore in a Series C round led by Belgium’s Verlinvest and the venture investment arm of French food giant Danone.

Matrix Partners invests more money in SaaS startup ITILITE

Bengaluru-based ITILITE Technologies Pvt Ltd, which provides a software-as-a-service platform to companies for managing their travel requirements, has raised Rs 30 crore in a Series A funding round from existing investor Matrix Partners India and others.

Microsoft venture fund M12 makes debut India investment, bets on Innovaccer

Microsoft’s corporate venture fund, M12, has backed health-tech startup Innovaccer in its first India investment.

Turtlemint raises INR 178 crore from Sequoia India, others

Insurance distribution company Turtlemint has raised USD 25 million in a Series-B round of funding, led by Sequoia India along with participation from existing investors Blume Ventures and Nexus Venture Partners.

Zoomtail Tech raises funds in a round led by Matrix Partners

Zoomtail Technologies, which runs a fashion commerce-enabling platform, has raised an undisclosed amount in seed capital from investors led by Matrix Partners India.