Archive News


Korean VC firm, others invest in women-focused media startup POPxo

POPxo, a digital publication targeted at young women, has raised INR 37 crore in funding led by South Korea-based Neoplux Technology Fund and Chinese consumer electronics company Oppo,existing investors IDG Ventures India, Kalaari Capital, GREE Ventures (Japan) and Summit Media (Philippines) also participated in the round.

Emotix raises USD 2 million from IDG Ventures India, YourNest

Robotics startup Emotix has raised USD 2 million in a funding round led by venture capital firms IDG Ventures India and YourNest.

Lending platform Capital Float raises USD 22 million from Amazon

Bengaluru-based digital lender Capital Float has raised USD 22 million in equity funding from e-commerce major Amazon India.

Naukri parent backs B2B footwear marketplace ShoeKonnect

Info Edge (India) Ltd,has invested INR 3 crore in ShoeKonnect the online business-to-business (B2B) marketplace for footwear.

Vidal Healthcare leads pre-Series A round in health-tech startup Doxper

Doxper, an app that helps doctors maintain patients’ medical records, has raised around USD 1 million  in a pre-Series A round of funding from existing investors led by Vidal Healthcare.

Air-travel lending platform Mihuru raises USD 150,000 in seed funding

Mihuru Pvt Ltd, a startup which gives micro loans for air travel through its online platform, has received seed money worth USD 150,000 from undisclosed investors

Blume, Goldbell Group invest in car servicing platform Pitstop

Bengaluru-based aftersales car service provider Pitstop has raised  around INR 11 crore in a pre-Series A round of funding from existing investors led by Singapore-based Goldbell Group and Blume Ventures.

Nykaa has secured INR 75 Cr in a funding round

Online beauty marketplace Nykaa has secured INR 75 Crore in a round which was led by existing investors  including Sunil Munjal’s family office; Marico’s Mariwala family office and  Dalip Pathak, a special limited partner at Warburg Pincus.

Twitter Co-Founder Biz Stone backs indian AI driven healthtech startup Visit

Twitter co-founder Biz Stone has invested an undisclosed amout in his personal capacity in a Delhi-based health startup Visit that uses an artificial intelligence-based bot in its app.

Freecharge co-founder invests in sticker search app Emojifi

Emojifi, an app that provides live emojis, stickers and graphics interchange format (GIF) suggestions, has raised an undisclosed sum in a pre-Series A funding round from early-stage venture fund Whiteboard Capital.

Shilpa Shetty invests in babycare startup Mamaearth

Mamaearth has raised an undisclosed amount in equity investment from Bollywood actress and entrepreneur Shlipa Shetty Kundra.

SoftBank-backed True Balance raises USD 23 million in fresh funding

True Balance, has raised USD 23 million in a Series B2 funding round from Line Ventures Corporation, South Korean affiliate Naver and TS Investment.

Gray Matters Capital earmarks USD 40 million for education investments in India

US-based impact investment foundation Gray Matters Capital is planning to invest about USD 40 million over the next two years until 2020 in India’s education.

Fitness startup CureFit in talks to raise USD 75 million, to expand offerings

Healthcare and fitness start-up CureFit Healthcare Pvt Ltd is in talks to raise USD 75 million from new and existing investors to expand its fitness and food verticals and enter new businesses.

SaaS startup Fyle gets funding from Pravega, Beenext

Bengaluru-based Fyle, which provides expense management software for enterprises, has raised an undisclosed amount in funding from existing investors Pravega Ventures and Beenext.

Chai Point raises USD 20 million in Series C round led by Paragon Partners

Chai Point chain of tea and snack stores, has raised USD 20 million in a funding round led by Paragon Partners, which also witnessed participation existing investors Fidelity International Ltd’s investment arm Eight Roads Ventures, Saama Capital and DSG Consumer Partners.

Logistics Startup Lynk raises USD 3 Million in Funding

Chennai-based logistics startup Lynk has raised USD 3 Million in funding from the existing investor Ramco Group, P R Venketrama Raja (Chairman – Ramco Systems) and his son Abinav Raja -the Co-founder of Lynk.

Social commerce platform Meesho in funding talks with Sequoia, SAIF Partners

Social commerce platform Meesho is in talks to raise USD 15 million from Sequoia Capital and SAIF Partners

Insurance platform Coverfox raises USD 22 million

Coverfox, has raised USD 22 million in a Series C funding round led by IFC, existing investor Transamerica, SAIF partners, Accel and Narayana Murthy’s Catamaran Ventures also participated in the round.

Goodera in talks with angels to raise up to USD 14 million

Goodera is in advanced talks to raise USD 14 million in a round of funding led by SAIF Partners.

Ola leads USD 7 million round in bike-sharing company Vogo

Ola is leading a USD 7 million round of funding in bikesharing startup, Vogo, along with venture capital investors Stellaris Venture Partners and Matrix Partners India.

Impact firm Omnivore leads funding round in agri-analytics startup AgNext

Chandigarh-based agri-analytics startup AgNext has raised an undisclosed amount of funding in a round led by social impact firm Omnivore.

Indian Angel Network, others invest in healthcare startup PregBuddy

Healthcare startup PregBuddy has secured an undisclosed amount in a seed round led by Indian Angel Network (IAN).

Accel Partners invests in logistics marketplace Cogoport

Mumbai-based Cogo Freight Pvt Ltd, which owns and operates digital freight company Cogoport, has raised an undisclosed amount in Series A funding from venture capital firm Accel Partners