Archive News

31/01/2018

Fashion startup 6Degree gets fresh funding from IAN, The Angel Network

Tech-enabled fashion startup 6Degree, which is operated by Protinus Fashion Networking Pvt Ltd, has raised $400,000 from the Indian Angel Network and TAN Advisors (The Angel Network) in a pre-Series A round of funding.
30/01/2018

HR services firm PeopleStrong buys referral recruitment platform GrownOut

Gurgaon-headquartered HR services firm PeopleStrong has acquired online referral hiring platform GrownOut for an undisclosed amount.
30/01/2018

Health-tech startup eKincare bags $1.5 million in Series A round

Hyderabad-based Aayuv Technologies Pvt Ltd, which operates healthcare technology startup eKincare, has raised $1,500,000 in a Series A round of funding from a clutch of undisclosed investors.
30/01/2018

Blume Ventures backs marriage ceremony solutions startup The Wedding Brigade

Mumbai-based Sitara Digital Ventures, which runs marriage ceremony solutions portal The Wedding Brigade, has raised $1 million in a pre-Series-A round of funding led by early-stage venture capital firm Blume Ventures.
30/01/2018

Mukesh Bansal, Y Combinator invest in online mutual fund seller Groww

Groww, an online platform which sells financial products including mutual funds, has raised an undisclosed amount in seed funding from CureFit founders Mukesh Bansal and Ankit Nagori, and US-based seed investor and accelerator Y Combinator.
29/01/2018

Big Data startup Unravel gets $15 million in Series B funding from GGV Capital, others

Silicon Valley-based Big Data startup Unravel Data, which provides an application performance management platform, has secured $15 million in a Series B funding round by GGV Capital.
29/01/2018

Ratan Tata’s RNT Capital backs Axio Biosolutions

Bengaluru-based Axio Biosolutions Pvt Ltd, which makes a sponge-like bandage that helps blood clot instantly when pressed against cuts or wounds, has raised INR 47 crore in a Series B round led by Ratan Tata’s RNT Capital Advisors.
29/01/2018

Pravega Ventures backs ed-tech startup GreyAtom

Ed-tech startup GreyAtom, which is run by Mumbai-based GreyAtom Edutech Pvt Ltd, has raised $1 million led by early-stage fund Pravega Ventures.
29/01/2018

Rent management startup Paymatrix raises money from IIIT-H Seed Fund

Hyderabad-headquarted Paymatrix, an end-to-end digital rent management platform, has raised INR 25 lakh ($4,000) from International Institute of Information Technology-Hyderabad’s IIIT Seed Fund.
25/01/2018

Parody video startup Spoofin gets funding from Mumbai Angels Network

Video-based entertainment platform Spoofin has raised an undisclosed amount from Mumbai Angels Network.
25/01/2018

Digital lending platform NeoGrowth raises $47 million in equity funding

Mumbai-headquartered non-banking financial company (NBFC) NeoGrowth Credit Pvt Ltd, which provides flexible loans to merchants and offers automated repayment options, has secured INR 300 crore ($47 million) in equity funding from investors led by LeapFrog Investments.
25/01/2018

Two-wheeler rental startup Ontrack raises seed funding

Bangalore-based self-riding bike rental company Ontrack has raised an undisclosed amount of seed investment from Diverse Middle East FZE, a Dubai-based family office, and other angels.
25/01/2018

PremjiInvest leads Series D round in Shubham Housing

Gurgaon-based mortgage lender Shubham Housing Development Finance Company has raised its Series D round of $48 Million from investors led by PremjiInvest, the family investment arm of Wipro Ltd chairman Azim Premji.
25/01/2018

Test prep firm behind Rao IIT Academy raises $8.6 million in structured debt from Avendus

Educational coaching services provider Rao Edusolutions Pvt Ltd, which operates under the brand name Rao IIT Academy, has raised structured debt worth INR 55 crore from Avendus Finance, the credit solutions arm of Avendus Capital.
24/01/2018

Axilor leads $300K investment in employee rewards platform Advantage Club

Gurgaon-headquartered employee rewards and recognition platform Advantage Club has raised $300,000 a fresh round of funding led by accelerator and seed fund Axilor Ventures.
24/01/2018

Unilever Ventures backs micro-delivery grocery startup Milkbasket

Gurgaon-based Aaidea Solutions Pvt Ltd, which runs micro-delivery grocery startup Milkbasket, has raised $3 million (around INR 19 crore) in funding from Unilever Ventures.
24/01/2018

Personal finance app WealthTrust gets pre-Series A funding from India Quotient

Evolusolve Technologies Pvt Ltd, which operates personal finance management app WealthTrust, has raised $500,000 from venture capital firm India Quotient in a pre-Series A funding round.
24/01/2018

Home rental marketplace ZiffyHomes raises angel funding

Home rental marketplace ZiffyHomes has raised INR 2 crore ($313,503) from a group of angel investors led by Bikky Khosla, chief executive of business-to-business portal Trade India and Anirudh Agarwal, managing director of diversified business conglomerate Shree Sharda Group.
23/01/2018

B2B food-tech startup HungerBox bags $2.5 million in pre-Series A round

Bangalore-headquartered HungerBox, an online platform that connects caterers and corporates, has raised $2,500,000 in a pre-Series A funding round led by Singapore-based Lionrock Capital.
23/01/2018

SaaS startup Paperflite raises seed funding round led by The Chennai Angels

US and India-based Paperflite, a mobile-based enterprise content marketing platform, has raised $400,000 in a seed round of funding led by The Chennai Angels.
23/01/2018

Ed-tech startup AEON Learning raises Series B funding

Bengaluru-based AEON Learning Pvt Ltd, which offers online degree programmes and skill development courses, has raised $3,200,000 in a Series B round from MEMG Family Office LLP.
22/01/2018

Online lending startup OptaCredit secures $4 million credit line from DMI Finance

OptaCredit Fintech Pvt Ltd, a digital lending start-up focusing on white-collar salaried workers, has secured a credit line of $4 million from DMI Finance Pvt Ltd, a non-banking financial services company (NBFC).
22/01/2018

Corporate training firm WB School raises funding from Dempo Group

Corporate training services provider Work Better Training Pvt Ltd has raised an undisclosed amount of funding from Dempo Group.
22/01/2018

Energy management startup Bidgely secures $27 million in Series C funding

California-based energy analytics firm Bidgely Inc, which has a major engineering unit in Bengaluru, has raised $27 million (INR 172 crore) in a Series C round led by Canada-based investment fund Georgian Partners.
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