Archive News

31/08/2020

EV battery startup Grinntech raises USD 2 Million from HNIs

Grinntech, a startup specialising in lithium-ion batteries for electric vehicles (EVs) and energy storage systems, has raised USD 2 million from a set of high net-worth individuals (HNIs) and senior people from the automotive industry.
31/08/2020

Construction services platform Brick & Bolt raises funding from Germany’s Foundamental

Pluckwalk Technologies Pvt Ltd, which operates construction services platform Brick & Bolt, has raised INR 16.5 crore funding from Germany-based Foundamental GmbH.
31/08/2020

Fashion retail solutions firm 6Degree raises funds from global investor network

Fashion retail management platform 6Degree has raised INR 2.5 crore from international early-stage investment network Keiretsu Forum.
31/08/2020

Wellness startup Sarva raises funding from Cutting Edge Group

Yoga and mindfulness-focussed startup Sarva has raised an undisclosed amount of funding from international music provider Cutting Edge Group.
28/08/2020

Edtech firm WhizKidz Media raises seed round from Lead Angels

WhizKidz Media, which operates kids focused learning platform OckyPocky, has raised fresh capital in an extended seed funding round from new investor Lead Angels. Additionally, returning investors in the company, ah! Ventures and SucSEED Venture Partners, will join the seed funding round with follow-on investments.
28/08/2020

Former KPMG India CEO Richard Rekhy backs expert network platform SpeakIn

Powered by the world’s largest network of verified experts, SpeakIn, has raised its latest round of funding of an undisclosed amount from Richard Rekhy former CEO of KPMG India.
28/08/2020

IAN Fund, venture philanthropy firm lead pre-Series A funding for Phool.co

Phool.co, which uses floral waste to make patented organic fertiliser and incense sticks, has raised USD 1.4 million in a pre-Series A funding round led by Indian Angel Network’s IAN Fund and existing investor Draper Richards Kaplan Foundation.
28/08/2020

Avail Finance raises about INR 87 crore in Series B round led by Falcon Edge

Fintech lending startup Avail Finance has raised about INR 87 crore in a Series B funding round, led by US-based Falcon Edge Capital, with participation from existing investor Matrix Partners.
28/08/2020

Fantasy-gaming platform Fanspole nets funding cheque from Better Capital

Fantasy-gaming platform Fanspole Online Solutions Pvt. Ltd has raised a pre-seed funding round led by early-stage venture capital firm Better Capital.
27/08/2020

Former Warburg Pincus executives raise USD 4.3 million to launch ‘TrueFan’

Former Warburg Pincus executives have raised USD 4.3 million to launch a celebrity fan engagement platform, TrueFan. The first round of funding was led by Ronnie Screwvala, Mayfield India, and Saama Capital.
27/08/2020

Chiratae Ventures makes seed investment in tech-driven startup KBCols Sciences

Chiratae Ventures, has made a seed investment in KBCols, a bioprocess tech startup. Chiratae made the investment through its Deeptech Innovators Program and other investors who participated in this round include Axilor Ventures and Derbi Foundation.
27/08/2020

Gamezop raises INR 32 Crore in Series A round led by BITKRAFT Ventures

Delhi-based Gamezop, a multi-game platform has raised Series A funding of INR 32 crores from BITKRAFT Ventures, Velo Partners, and FJ Labs.
27/08/2020

Billionaire Yuri Milner-led DST Global invests INR 909 crore in Byju’s

Think & Learn, which runs online learning platform Byju’s, has raised INR 909 crore from DST Global, the investment firm headed by Russian-Israeli billionaire Yuri Milner.
27/08/2020

Gaming platform RummyBaazi.com pulls in seed funding

Rummy-focussed gaming platform RummyBaazi.com, operated by Baazi Games, has raised USD 2 million in seed funding from early-stage venture capital fund Udtara Ventures.
27/08/2020

Dialysis-focussed The Renal Project raises funding from global angels

The Renal Project, which operates a Mumbai-based chain of dialysis-focussed micro centres, has raised INR 2.2 crore as part of its pre-Series A funding from a clutch of international angel investors.
26/08/2020

AxisRooms, RepUp merge with Hotelogix to create full stack solution for hospitality sector

Bengaluru based AxisRooms and Gurugram based Piquor Technologies, which provide technology solutions for the hospitality sector, have entered into a transaction to merge with Accel backed hotel property management software provider Hotelogix to create a full-stack solution for hotels. The deal is a no-cash stock swap acquisition.
26/08/2020

Last-mile logistics firm Exprs bags INR 4.5 crore in seed funding

Last-mile logistics firm Exprs has raised INR 4.5 crore in seed funding, led by angel investors Sweta Rau and Sandeep Kapoor.
26/08/2020

Verloop.io raises USD 5Million in Series A round

Verloop.io, Bengaluru-based tech startup with focus on customer support automation, has raised USD 5 million as part of its Series A funding round led by Alpha Wave Incubation. This round also saw participation from existing investors IDFC Parampara and Infosys Co-founder S Gopalakrishnan.
26/08/2020

Vocational platform Virohan gets early-stage funding from Keiretsu Forum, others

Virohan Pvt. Ltd, which operates an eponymous vocational platform focussed on healthcare training, has raised USD 2.8 million across its seed and Series A funding stages. The seed round was led by the Keiretsu Forum, a global angel and institutional investor platform. The Series A exercise was led by the […]
26/08/2020

Ola Electric co-founder bets on electric vehicle startup EVage

EVage Ventures Pvt. Ltd, which operates an electric vehicle and mobility-technology startup, has raised an undisclosed funding in a round led by Ola Electric Mobility co-founder and senior adviser Anand Shah. Other participants in the funding round include ByAir director Varun Pahwa and DMI Group partner Anmol Nayyar.
25/08/2020

ShareChat acquires SAIF Partners-backed Circle Internet

Bengaluru-based Mohalla Tech, which runs vernacular social media platform ShareChat, has acquired Circle Internet, a hyperlocal news and information platform. ShareChat did not disclose the financial terms of the transaction.
25/08/2020

OneCode raises seed funding led by WaterBridge Ventures

Digital distribution platform OneCode has raised an undisclosed amount in seed financing, led by early-stage venture capital firm WaterBridge Ventures.
25/08/2020

Mindtree co-founders’ VC firm marks first close of maiden fund

Mela Ventures, a fund floated by at least two co-founders of software services company Mindtree Ltd, has marked the first close of its maiden venture capital fund at INR 130 crore. Mela Ventures will focus on building a portfolio in areas including artificial intelligence and machine learning, augmented and virtual […]
25/08/2020

Crofarm closes pre-Series A fundraise with infusion from Inflection Point Ventures

Crofarm Agriproducts Pvt Ltd, which operates ventures including social commerce-focussed Otipy, has raised USD 1 million as the final part of its pre-Series A round from angel investment platform Inflection Point (IP) Ventures.
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