Archive News


Cred raises Series C funding; buys back ESOPs worth USD 1.2 mn

Dreamplug Technologies, which owns and operates credit card payment platform Cred, has raised USD 81 million in a Series C round led by returning investor DST Global. Sequoia Capital, Ribbit Capital, Tiger Global, General Catalyst, Sofina, Coatue and Satyan Gajwani of Times Internet also participated in the round. The investment […]


Overview Hiring blue collar employees such as drivers, delivery staff, maids, cooks, peons, office boys, housekeepers, babysitters, aayah, carpenters, plumbers etc. is one of the most daunting tasks to do so in a country like India. Employers belonging to the informal sector such as shops, salons, beauty parlors, food joints, […]

Mirae launches India-focused fund to back early-stage startups

South Korean financial services company Mirae Asset group is betting on early-stage Indian startups with the launch of an India-dedicated fund. Mirae Asset Venture Opportunities Fund 1, with a corpus of USD 35 million and an option to take it up to USD 75 million, will cut cheques for seed […]

MyClassboard raises INR 4.5 crore funding from ICICI Bank

MyClassboard, an end-to-end school management software provider, has raised INR 4.5 crore in pre-Series A funding from ICICI Bank.

Unacademy makes its fifth acquisition of 2020 in NeoStencil

SoftBank-backed edtech startup Unacademy has acquired test preparation platform NeoStencil for an undisclosed sum, in a bid to grow its footprint into Tier II and Tier III cities.

Incubate Fund India leads pre-Series A funding in jobs marketplace GigIndia

Explorium Innovative Technologies Pvt Ltd, which operates business-to-business jobs marketplace GigIndia, has raised INR 7.6 crore in pre-Series A funding led by Incubate Fund India with participation from Beyond Next Ventures, Avaana Capital’s Anjali Bansal, and Vineet Patni.

Venture Catalysts leads seed funding in agri-tech startup Qzense

Qzense Labs Pvt Ltd, an agri-tech startup focussing on quality control and fresh produce management, has raised INR 4.5 crore in seed capital led by incubator and accelerator Venture Catalysts. Other participants in this round include 9Unicorns, The Chennai Angels, Entrepreneur First, and Lumis Partners.

Menstrual hygiene management startup PadCare Labs raises pre-seed round from Venture Center

Pune-based menstrual hygiene management startup, PadCare Labs, raised an undisclosed amount in its pre-seed funding round from technology startup incubator Venture Center under BIRAC’s LEAP Fund.

Agri-tech firm Gramophone snags funding from Siana Capital, others

Agstack Technologies Pvt. Ltd, which operates agricultural-technology platform Gramophone, has raised INR 25 crore capital led by Siana Capital, a Bengaluru-based fund focussed on investing in companies during their early to middle stages of growth. Other participants in this round include Info Edge Ventures fund, Asha Impact and Better Capital.

Bharat Inclusive Tech Fund leads Series A funding in Pariksha

Knoctowl Technologies Pvt Ltd, which operates education-technology firm Pariksha, has raised capital in a Series A round that has vaulted its valuation to nearly INR 100 crore. Pariksha has raised around INR 13.16 crore in a round led by Bharat Inclusive Technology Fund.

Venture Catalysts, PointOne lead pre-seed funding in escrow platform NCOME

NCOME Tech Solutions Pvt Ltd, which operates a platform offering escrow-as-a-service, has raised INR 3.6 crore in a pre-seed funding round led by Venture Catalysts and PointOne Capital.

Crypto-based lending platform Vauld raises USD 2 million for India expansion

Vauld, a cryptocurrency-based lending and decentralised finance platform, has raised USD 2 million funding from Pantera Capital, Coinbase Ventures, CMT Digital, Gumi Cryptos Capital and LuneX Ventures. Other participants in this round include Robert Leshner- and Taun Chitra-managed Robot Ventures, CoinShares, Better Capital, New Form Capital, and IntoTheBlock CEO Jesus […]

Collaborative learning edtech platform Krayonnz raises INR 1 Crore led by GSF Accelerator

Vedarsy Technologies Pvt Ltd, a peer to peer collaborative learning edtech startup, has raised INR 1 crore as part of a pre-seed round of funding led by GSF Accelerator.

Agritech startup Aqgromalin raises INR 2 Crore from angel investors

Agritech startup Aqgromalin, has raised INR 2 crore from angel investors participating from the Middle East. The company aims to utilise the capital in setting up 500 micro-farms in the states of Tamil Nadu, Telangana, and Andhra Pradesh.

Former Fosun RZ partner founded virtual stock trading platform StockGro raises angel round

StockGro, a virtual stock trading platform, has raised INR 6 crore from a group of angel investors including Bounce co-founder and CEO Vivekananda Hallekere, Moglix founder Rahul Garg and Livspace co-founder Ramakant Sharma.

Healthcare startup Medfin raises Series A round led by HealthXCapital, Blume Ventures

Healthcare startup Medfin, has raised an undisclosed Series A funding round led by Singapore-based HealthXCapital and Blume Ventures. Dream Incubator and existing investor Axilor also participated in the round.

B2B Platform AgriGator Raises Funding From Venture Catalysts And Ness Wadia

Venture Catalysts has recently led an undisclosed investment in business-to-business digital supply chain platform AgriGator. The funding round was led by Manish Modi on behalf of Venture Catalysts and also saw participation from co-investor Ness Wadia.

Slurrp Farm lands USD 2 million Series A funding from Fireside Ventures

Health snack maker Slurrp Farm, has raised USD 2 million from multi-stage venture fund Fireside Ventures, in its Series A funding round.

BlackSoil invests INR 4 Crore into work fulfilment platform Awign Enterprises

BlackSoil, an alternative credit platform, has made a INR 4 crore venture debt funding into work fulfilment platform Awign Enterprises.

Fintech startup raises USD 1 Million from UAE-based Zenith Global, a Mumbai-based fintech startup, has raised USD 1 million in early-stage funding from UAE-based fund Zenith Global.

Better Capital leads pre-seed funding in foodtech firm Voosh

Voosh Technologies Pvt Ltd, a foodtech firm, has raised an undisclosed sum as part of a pre-seed round of funding led by early-stage venture firm Better Capital.

Google leads USD 145 million funding in InMobi’s Glance and Roposo

Glance, part of mobile-advertising company InMobi and owner of short-video platform Roposo, has raised USD 145 million from Google and Paypal co-founder Peter Thiel’s investment firm Mithril Capital.

Dailyhunt amasses USD 100 million from Google, others for short-video push

VerSe Innovation Pvt. Ltd, the parent of online news and content platform Dailyhunt, has raised over USD 100 million in a fresh fundraising exercise from Falcon Edge Capital-managed Alpha Wave and technology giants Google and Microsoft. Other participants include existing investors Sofina Group and Lupa Systems. This round takes the […]

Skuad raises USD 4 million in seed funding from BEENEXT, Anthemis Group, others

Skuad, a digital payroll platform for remote-working teams, has raised USD 4 million in seed funding from BEENEXT and Anthemis Group, alongside Alto Partners Multi-Family Office and Rohan Monga, CEO of Zenius Education among others.