Archive News


Watsa-backed Digit raises USD 84 million from domestic PEs

Digit Insurance has raised USD 84 million from domestic private equity funds A91 Partners, Faering Capital and TVS Capital

Zomato acquires Uber Eats in an all-stock transaction

Online food delivery and restaurant discovery platform Zomato has acquired the Indian operations of Uber Eats, the food delivery business run by Uber, for around USD 350 million

Samya AI Raises USD 6 Mn From Sequoia To Bring Its FMCG SaaS Tool To Market

Sequoia India has invested USD 6 Million in artificial intelligence (AI) powered enterprise SaaS company Samya AI as a part of the seed-stage funding round.

Zoomcar In Expansion Mode With USD 30 Million Funding From Sony Innovation Fund

Bengaluru-based self-drive car rental platform Zoomcar has announced raising USD 30 Million in funding led by Sony Innovation Fund, the venture capital wing of electronics giant Sony

AI-based vernacular content startup Instoried gets VC funding

Instoried Research Labs, which runs an artificial intelligence-driven tech content startup, has raised funding from US-based venture capital firm SOSV and its Chinese arm Chinaccelerator

Invento Robotics raises seed funding from Windrose, ITI Growth fund

Invento Robotics has raised INR 2 crore in seed funding from Pune-based Windrose Capital and early-stage ITI Growth Opportunities Venture Fund of Investment Trust of India, which is a financial services group backed by Sun Pharmaceutical Industries director Sudhir Valia

Kristal AI lands USD 6 million funding led by Chiratae Ventures & others

Artificial intelligence startup Kristal AI has raised USD 6 million in Series A funding round led by Chiratae Ventures along with Desai Family Office and others

Ola investor Falcon Edge Capital raises USD 46 million for debut India-focused fund

Falcon Edge Capital, a New York-based hedge fund that has invested in cab-hailing firm Ola and online classifieds firm Quikr, has raised around USD 46 million for its first India-focused fund.

Venture Highway Raises around USD 79 Million For Second Early-Stage Fund

Delhi-based early stage investor Venture Highway has raised around USD 79 Million for its second fund and the capital will be used for new investments in nearly thirty early-stage companies

Wipro Ventures floats larger second fund to invest in tech startups

Wipro Ventures, the investment arm of IT services major Wipro Ltd has floated its second fund of USD 150 million to bet on early- to mid-stage startups developing new-generation technologies

Automation startup Zinier snags Series C capital from ICONIQ, Tiger Global

Zinier a field service automation startup has raised USD 90 million in a Series C funding round led by US-based investment management firm ICONIQ Capital

Preschool aggregator ProEves raises seed funding

ProEves Services which operates preschool and day-care centre aggregator and booking platform, has raised around INR 4 crore in a seed funding round and funding round was led by 1Crowd a crowdfunding-based firm

SaaS startup ExtraaEdge raises pre-Series A funding from Sprout Venture, IAN

ExtraaEdge Technology Solutions, an ed-tech startup has raised INR 5 crore in its pre-Series A funding round and the funding round was led by Bengaluru-based Sprout Venture Partners and the Indian Angel Network

Toyota-backed bus aggregator Shuttl raising capital from new investor

Gurugram-based bus aggregator Shuttl is set to raise around USD 8 million as part of its Series C funding round

Early investors in Swiggy take home USD 222 million in partial exits

Many early investors in Swiggy have earned high returns on their investments in the online food delivery startup by selling their shares to other investors

Kalaari leads USD 2 million Series-A round in Wysh

Celebrity engagement and wishing platform Wysh has announced raising USD 2 million in Series-A funding led by Kalaari Capital

Edtech Startup Toddle Gets Seed Funding From Matrix Partners, Others

Bengaluru-based edtech startup Toddle has raised an undisclosed amount in a seed funding round led by Matrix Partners India

EV Solutions Startup Numocity Raises Funds From Ideaspring Capital And Others

SaaS-based early-stage tech startup Numocity Technologies has raised an undisclosed amount from Ideaspring Capital, Rebright Partners and ABB Technology Ventures (ATV).

Agritech Ninjacart Bags USD 10 Millionn From Flipkart, GEC3 For Expansion

Bangalore-based online grocery delivery platform and agritech Ninjacart has raised USD 10 Million in Series C funding round led by homegrown ecommerce giant Flipkart India and Singapore-based GEC3.

DSG Consumer Partners backs dietary supplement startup Power Gummies

Aesthetic Nutrition, which sells chewable dietary supplements under the brand Power Gummies has raised funding in a pre-Series A round led by consumer-focused venture capital firm DSG Consumer Partners

Omnivore, Insitor back B2B food commodity marketplace TechnifyBiz

Business-to-business food commodity marketplace TechnifyBiz has raised INR 14 crore in its seed round of funding from agritech-focused venture capital investor Omnivore and social venture capital fund Insitor Impact Asia Fund

Sequoia Surge Startup Klub Raises USD 2 Million Pre-Seed Funding

Singapore-headquartered fintech startup Klub has raised USD 2 Million in pre-seed round led by Sequoia Surge.

HRtech Startup Zimyo Gets Backing From Yatra Angel Network For Global Expansion

Gurugram-based HRtech startup Zimyo has raised an undisclosed amount of funding from Yatra Angel Network (YAN) and other angel investors

Ankur Capital makes first close of new fund at INR 240 crore

Early-stage VC firm Ankur Capital has made the first close of its second fund at INR 240 crore, with the investor bringing on board British development finance institution CDC as an anchor investor in its latest vehicle