Archive News

09/07/2019

PharmEasy is closing in on USD120 million in equity round

Online pharmacy venture PharmEasy is close to wrapping up a USD 100-120 million equity financing round, led by a host of new investors including CDPQ, the second-largest Canadian pension fund, and LGT, the private banking and asset management group.
09/07/2019

Flipkart co-founder Binny Bansal backs Masaba Gupta’s fashion label

House of Masaba, the luxury fashion label launched by celebrated designer Masaba Gupta, has raised USD 1 million in an angel round of funding led by Flipkart co-founder Binny Bansal.
09/07/2019

Former Tata Motors exec backs electric scooter startup BattRE

Former Tata Motors Ltd president Gajendra Chandel has invested an undisclosed sum of money in the Jaipur-based electric scooter startup BattRE Electric Mobility Pvt Ltd.
09/07/2019

Careers360 founder Maheshwer Peri backs ed-tech startup Board Infinity

Ed-tech startup Board Infinity has raised USD 118,440 from a clutch of angel investors including Maheshwer Peri, founder of online career counselling and education services firm Careers360.
05/07/2019

Artha Venture Fund invests in former Paytm execs’ food-tech startup Daalchini

Daalchini Technologies Pvt Ltd, which operates eponymous vending machines that offer home-cooked food, has raised  USD 500,000 from early-stage venture capital firm Artha Venture Fund.
04/07/2019

SIDBI Venture Capital bets on agri-commerce platform SuperZop

Business-to-business agricultural-commerce platform SuperZop has raised INR 8 crore in pre-Series A funding from investors including SIDBI Venture Capital Ltd’s MS Fund.
04/07/2019

IP Ventures invests in IoT-based logistics startup Intugine

Internet of things-based logistics startup Intugine Technologies Pvt Ltd has raised capital from Inflection Point Ventures, an investment initiative floated by a group of chief financial officers and finance professionals working at Indian startups
02/07/2019

Sequoia Capital India floats seed fund

Sequoia Capital India, which launched its startup accelerator and incubation programme called Surge to make early-stage investments earlier this year, has floated a separate seed fund.
02/07/2019

Khatabook eyes USD 20 million from DST, Ribbit, Sequoia

Khatabook is in talks to raise USD 20 million in Series A funding from DST Partners fund, Ribbit Capital and Sequoia Capital
02/07/2019

Uniphore raises USD 38 million in fresh funding

Chennai-based speech recognition company Uniphore Software Systems has raised USD 38 million in fresh funding, led by California-based venture capital firm March Capital Partners, at an estimated valuation of around USD 130 million.
28/06/2019

Corisol holdings, IFC, others put USD 70 million in e-pharmacy 1mg

Online pharmacy 1mg has closed a USD 70 million investment round led by Corisol Holdings, a European family office, with participation from the World Bank’s investment arm IFC, at a valuation of around USD 200 million.
28/06/2019

Meesho is in talks with Naspers for USD120 million round

Meesho is in talks with South African internet group Naspers to raise a fresh USD 120-130 million financing round.
27/06/2019

Milkbasket raises Rs 15 crore from Innoven Capital

Grocery delivery startup Milkbasket  has raised INR 15 crore from venture debt firm Innoven Capital.
27/06/2019

Unacademy raises USD 50 million from Steadview Capital, Sequoia India and others

Edtech startup Unacademy has raised USD 50 million Series D from Hong Kong based hedge fund Steadview Capital, along with Sequoia India, Nexus Venture Partners and Blume Ventures.
27/06/2019

MyGlamm bags INR 100 crore from Bessemer Venture, others

Beauty brand MyGlamm has raised INR 100 crore, led by Bessemer Venture Partners, and the Mankekar family office.
27/06/2019

Recko raises USD 1 million from Prime Venture Partners

Recko which provides payment reconciliation services to companies has raised USD 1 million from Prime Venture Partners.
26/06/2019

Open gets USD 30 million from Tiger Global, others

Neo-banking platform Open has raised USD 30 million in Series-B funding led by US-based investment firm Tiger Global Management, with participation from Tanglin Venture Partners Advisors. 
25/06/2019

Indian Angel Network adds ConceptOwl to ed-tech portfolio

The Indian Angel Network (IAN) has invested around USD 500,000 in education-technology startup ConceptOwl.
25/06/2019

CureFit goals stay on track with a USD 120 million round

Health and fitness startup CureFit has closed a USD 120 million funding round, in a mix of equity and debt, with new investors including Unilever Ventures, Epiq Capital, Innoven Capital and Kotak Mahindra Bank.
25/06/2019

Mahesh Bhupathi’s beauty products startup gets funding from Unilever Ventures

Scentials Beauty Care and Wellness Pvt Ltd, which mainly offers beauty products endorsed by celebrities, has raised INR 25 crore in its Series A round of funding from Unilever Ventures.
24/06/2019

IDFC Parampara, Deepika Padukone & others invest in space-tech startup Bellatrix

Bellatrix Aerospace, an Indian Institute of Science-incubated space-tech startup, has raised USD 3 million in a pre-Series A funding round led by IDFC-Parampara, StartupXseed, Karsemven Fund (KITVEN), Survam Partners, Deepika Padukone , GrowX Ventures, CIIE ,SINE.
21/06/2019

Biryani By Kilo pockets Series A cheque from IvyCap Ventures

Biryani By Kilo, a delivery-focussed restaurant chain, has raised INR 30 crore in its Series A round of funding led by venture capital firm IvyCap Ventures.
21/06/2019

SAIF Partners leads seed funding round in fintech startup Finwego

Education-focussed financial-technology startup Finwego has raised INR 11 crore in a seed funding round led by venture capital firm SAIF Partners.
21/06/2019

USD 130 million funding brings unicorn tag to Druva

Druva, the Pune- and California-based data protection firm, has become the newest Unicorn in India’s technology startup space the company has raised USD 130 million from investors led by US-based Viking Global Investors, Neuberger Berman and Atreides Management.
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