Archive News

20/12/2019

Germany’s DEG backs SME-focussed LivFin in first India fintech bet

LivFin India, a financial technology firm focussed on small and medium enterprises, has raised USD 5 million in equity funding from German development finance institution DEG
20/12/2019

Surgery platform Pristyn raises Series B funding from Sequoia, others

Pristyn Care, a platform for planned surgeries, said it has raised USD 12 million in a Series B round of funding from new and existing investors
20/12/2019

Goldman Sachs joins digital lender ZestMoney’s extended Series B round

Camden Town Technologies, which operates digital point-of-sale consumer financing platform ZestMoney, has raised funding from the United States-based financial services giant Goldman Sachs
20/12/2019

Oikocredit opens India fintech account with bet on neo-bank Kaleidofin

Kaleidofin, which operates an eponymous neo-bank focussed on the informal sector, has raised INR 36 crore in a Series A funding round led by financial inclusion-focussed impact investor Oikocredit
19/12/2019

Pristyn Care raises USD 12 million Series B funding from Sequoia & others

Pristyn Care, a healthcare platform for elective surgeries, has raised USD 12 million in Series B funding from existing investor Sequoia India and new investors Hummingbird Ventures, Greenoaks Capital and AngelList
19/12/2019

Open Secret raises seed funding from Matrix Partners and others

Open Secret, a food and beverages startup that is looking to take a swing at the healthy snacks market in India, has raised an undisclosed amount in seed capital led by Matrix Partners
19/12/2019

Zephyr, TVS Cap, Dalmia lead USD 6 million funding in Waterfield

Waterfield Advisors has raised USD 6 million in a fresh equity funding round, led by a consortium of investors including New York-based Zephyr Management, TVS Capital Fund and Gaurav Dalmia of Dalmia Group Holdings
19/12/2019

Avataar Ventures Backs Appnomic With USD 22 Million Funding

Bengaluru and California-based self help enterprisetech startup Appnomic Systems has raised USD 22 Million funding from Avataar Ventures
19/12/2019

Medlife Raises INR 110 Crore From Wilson Global Opportunities Fund For Growth

Bengaluru-based epharmacy Medlife has raised INR 110 Crore from Wilson Global Opportunities Fund in a debt funding round
19/12/2019

Snapdeal founders’ VC arm invests in women’s wellness startup Azah

Azah Personal Care, which operates an eponymous startup focussed on women’s health, has raised pre-Series A funding from e-commerce firm Snapdeal’s founders Kunal Bahl and Rohit Bansal.
19/12/2019

Safety-tech startup DROR raises funding from CXO Genie’s venture capital arm

Safety-tech startup DROR Labs has raised an undisclosed sum from Inflection Point Ventures, an initiative of executives’ networking platform CXO Genie.
19/12/2019

Reach Capital leads post-Series A funding in upskilling platform Springboard

Ed-tech platform Springboard, which focuses on providing career upskilling solutions for professionals, has raised USD 11 million in a post-Series A financing round
18/12/2019

RIL-backed firm Embibe gets 91% stake in Funtoot

Reliance Industries-backed educational technology firm Embibe has acquired a 91% stake in e-learning products and services provider Funtoot for around INR 71 crore
18/12/2019

Toffee Insurance Raises around INR 39 crore Series A Round

Gurugram-based insurtech startup Toffee Insurance has raised around INR 39 crore in a Series A funding round led by IVM Intersurer, Omidyar Network, Flourish Ventures, Accion Venture Lab and Kalaari Capital.
18/12/2019

Sequoia Surge Startup Seekify Raises Seed Round

Delhi-NCR and Singapore-based enterprisetech platform Seekifyhas raised around INR 11 crore in seed funding led by Sequoia Capital’s Surge
18/12/2019

B2B agri-tech startup Bijak gets seed capital from Omnivore, Omidyar

Bijak, a business-to-business agricultural trade platform that allows traders, wholesalers and processors to keep a record of their transactions, has raised around INR 18 crore in seed funding.
17/12/2019

Online clothing brand Henry & Smith raises USD 1 Million in seed funding

Online clothing brand Henry & Smith has raised USD 1 million as a part of its seed round, led by WEH Ventures and Rukam Capital
17/12/2019

HungerBox To Expand To Southeast Asia After Funding From Paytm, Others

Bengaluru-based B2B foodtech startup HungerBox has raised USD 12 Million from Paytm and other investors such as NPTK, Sabre Partners Trust and Neoplux
17/12/2019

Licious Confirms USD 30 Million Funding From Vertex Growth Fund And Others

Bengaluru-based gourmet meat startup Licious has raised USD 30 Million in Series E from Singapore-based Vertex Growth Fund
16/12/2019

B2B Marketplace Pumpkart Bags Funding From CII Chairman

Business-to-business emarketplace Pumpkart has raised an undisclosed amount of funding from the chairman for startups and entrepreneurship at the Confederation of Indian Industry (CII), Dinesh Dua, increasing its valuation to INR 70 Crore
16/12/2019

Playtoome Raises Funds From SOSV To Connect Audience, Artists

Bengaluru-based entertainment tech platform Playtoome has raised undisclosed funds from US-based venture capital company SOSV
16/12/2019

Sequoia Surge Startup Trell Raises USD 2 Million Pre-Series A

Bengaluru-based video-first experience discovery platform Trell has raised USD 2 Million in Pre-Series A round led by Ruizheng Investment at USD 19 Million valuation
16/12/2019

Reliance Acquires 51% Stake In Drone Startup Asteria

Mukesh Ambani-led Reliance Industries (RIL) has acquired 51% equity shares worth around INR 23 Crore in Bengaluru-based drone startups Asteria Aerospace
13/12/2019

Paytm Parent One97 Secures Funding From SoftBank, AliPay, Others

Noida-headquartered One 97 Communications, the parent company of Paytm, has secured latest equity funding of INR 4,724 Crore from its existing investors T Rowe Price, Alipay, SoftBank and others
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