Archive News


Open gets USD 30 million from Tiger Global, others

Neo-banking platform Open has raised USD 30 million in Series-B funding led by US-based investment firm Tiger Global Management, with participation from Tanglin Venture Partners Advisors. 

Indian Angel Network adds ConceptOwl to ed-tech portfolio

The Indian Angel Network (IAN) has invested around USD 500,000 in education-technology startup ConceptOwl.

CureFit goals stay on track with a USD 120 million round

Health and fitness startup CureFit has closed a USD 120 million funding round, in a mix of equity and debt, with new investors including Unilever Ventures, Epiq Capital, Innoven Capital and Kotak Mahindra Bank.

Mahesh Bhupathi’s beauty products startup gets funding from Unilever Ventures

Scentials Beauty Care and Wellness Pvt Ltd, which mainly offers beauty products endorsed by celebrities, has raised INR 25 crore in its Series A round of funding from Unilever Ventures.

IDFC Parampara, Deepika Padukone & others invest in space-tech startup Bellatrix

Bellatrix Aerospace, an Indian Institute of Science-incubated space-tech startup, has raised USD 3 million in a pre-Series A funding round led by IDFC-Parampara, StartupXseed, Karsemven Fund (KITVEN), Survam Partners, Deepika Padukone , GrowX Ventures, CIIE ,SINE.

Biryani By Kilo pockets Series A cheque from IvyCap Ventures

Biryani By Kilo, a delivery-focussed restaurant chain, has raised INR 30 crore in its Series A round of funding led by venture capital firm IvyCap Ventures.

SAIF Partners leads seed funding round in fintech startup Finwego

Education-focussed financial-technology startup Finwego has raised INR 11 crore in a seed funding round led by venture capital firm SAIF Partners.

USD 130 million funding brings unicorn tag to Druva

Druva, the Pune- and California-based data protection firm, has become the newest Unicorn in India’s technology startup space the company has raised USD 130 million from investors led by US-based Viking Global Investors, Neuberger Berman and Atreides Management.

Trading platform FnO gets USD 2 million

Fintech startup built for futures trading FnO has raised USD 2 million in an angel round.

AI frm Active,ai raises USD 3 million

AI startup Active,ai has raised USD 3 million from Innocell, the venture capital arm of Spanish banking group Banco Sabadell, in an extension of its Series-A funding round.

VC-backed Vogo gets funding from former Myntra CEO, other entrepreneurs

Scooter-sharing startup Vogo Automotive Pvt Ltd has received funding from a bunch of prominent individuals, just a day after main rival Bounce announced raising a big Series C round.

pi Ventures leads seed investment in industrial IoT startup SwitchOn

SwitchOn, an industrial internet of things (IIoT) platform powered by artificial intelligence, has secured USD 1 million in a seed funding round led by pi Ventures.

Fosun RZ Capital leads seed funding for HR-tech startup Kredily

Human resources (HR) technology startup Kredily has raised USD 750,000 in a seed funding round led by Fosun RZ Capital, an affiliate of Chinese conglomerate Fosun Group.

Razorpay lands USD 75 Million funding led by Ribbit Capital 

Razorpay has raised USD 75 million in its latest round of equity financing, led by financial technology-focused investment firm Ribbit Capital

Bounce raises USD 72 million from B Capital, Falcon Edge, others 

Scooter rental startup, Bounce has raised USD 72 million in fresh funding led by Singapore-based B Capital Group and New York-based hedge fund Falcon Edge Capital.

Alteria Capital writes big-ticket venture debt cheque to Lendingkart

Alteria Capital has extended INR 80 crore to digital lending startup Lendingkart, in the largest venture debt cheque written to an Indian company.

Amazon in talks with NinjaCart to put funds in fresh produce space

Amazon has held discussions with Bengaluru-based B2B fresh produce supply chain company NinjaCart for a potential investment.

Lightspeed, Snapdeal founders back AI platform Yellow Messenger

Conversational artificial intelligence (AI) platform Yellow Messenger has raised USD 4 million in a Series A funding round from Lightspeed Venture Partners and other angel investors.

Facebook invests in social commerce startup Meesho

Social networking giant Facebook Inc has invested in Bengaluru- and California-based Meesho, an online marketplace for resellers, five years after first acquiring an Indian startup.

Former Souq,com owner invests in B2B e-commerce platform Arzooo

Arzooo, a business-to-business (B2B) e-commerce platform floated by two former Flipkart executives, has raised USD 1 million in a pre-Series A round of funding.

Risers Accelerator invests in organic skincare product maker Cosmetofood

Startup accelerator Risers Accelerator has invested INR 1 crore in ayurvedic organic skincare product maker Cosmeto Food Organic Pvt Ltd, which sells its products under the Cosmetofood brand.

Indian Angel Network, Emergent Ventures invest in logistics aggregator Cogos

Intra-city logistics aggregator Cogos Technologies Pvt Ltd has raised USD 1 million from the Indian Angel Network (IAN), Emergent Ventures and high-net-worth individuals.

Jumbotail raises INR 90 crore in Series B funding

Jumbotail, an online wholesale marketplace for food and grocery products, has raised INR 90 crore in a Series B round of funding led by Heron Rock, with participation from Capria Fund, BNK Ventures and William Jarvis and existing investors, Nexus Venture Partners and Kalaari Capital.

Venture Catalysts backs SaaS-based customer interaction platform Jumpstart

Startup incubation platform Venture Catalysts has invested an undisclosed sum of money in customer interaction platform Jumpstart.