Archive News

12/02/2018

Digital health startup MedTel raises pre-Series A funding

Telehealth platform MedTel has raised an undisclosed amount in pre-Series A funding in a round led by a programme jointly run by the British and Indian governments.
12/02/2018

Online gold loan platform Rupeek gets $6.8 mn from Accel, Sequoia

Bengaluru-based Rupeek, which operates an online marketplace for gold loans, has raised INR 44 crore in a fresh funding round led by Accel Partners.
12/02/2018

Chamath Palihapitiya’s Social Capital invests in SaaS startup WebEngage

WebEngage, a user engagement software-as-a-service (SaaS) startup run by Webklipper Technologies Pvt Ltd, has raised an undisclosed amount of funding from venture capital firm Social Capital.
09/02/2018

Workday Ventures floats $250 mn fund for AI, blockchain startups

Business-software maker Workday, Inc has set up a $250 million (INR 1,606 crore) venture fund to invest in early-stage and growth-stage startups working in the fields of artificial intelligence, machine learning, blockchain, augmented reality and virtual reality.
09/02/2018

Naspers leads $100 mn round in food delivery startup Swiggy

Online food delivery startup Swiggy, run by Bengaluru-based Bundl Technologies Pvt Ltd, has raised $100 million (INR 640 crore) in its largest round of funding till date led by existing investor South African Internet and entertainment group Naspers.
09/02/2018

3737 North Capital invests in backpacking hostel chain

3737 North Capital LLC has made its second bet of an undisclosed amount in a Pune-based tech-backed data-driven backpacking hostel chain.
09/02/2018

Cloud-based enterprise tech firm Icertis ​raises $50 mn in Series D round

Cloud enterprise software startup Icertis Inc, which is led by IT industry veteran Samir Bodas, has secured $50 million in a Series D round led by US-based investor Meritech Capital Partners.
08/02/2018

Student housing startup Placio raises $2m from Prestellar Ventures

Student housing startup Placio has raised $2 million in its pre-Series A funding round from Singapore-based investment firm Prestellar Ventures
08/02/2018

Furlenco raises $1.5m debt

Online furniture renting startup Furlenco has raised INR 10 crore from a clutch of angel investors
08/02/2018

Shape India raises $200k in pre-Series A round

Physical education organisation Shape India has received an investment of $200,000 in a Pre-Series A led by Sandeep Mathur
08/02/2018

New and existing investors to back logistics startup LetsTransport

Bengaluru-based Diptab Ventures Pvt Ltd, which operates tech-enabled logistics marketplace for intra-city deliveries LetsTransport, is raising a fresh funding round from new and existing investors.
08/02/2018

HT Media backs Canadian ed-tech startup betterU

Indian media firm HT Media Ltd has agreed to invest up to CAD$ 10 million (INR 51 crore) in Canada-based education firm betterU.
07/02/2018

Deutsche Post DHL backs logistics management startup FarEye

Delhi-based RoboticWares Pvt Ltd, which runs logistics management startup FarEye, has raised around $10 Million in a fresh round of funding from Singapore-based 23i Pvt Ltd.
07/02/2018

Insitor Impact Asia Fund backs Aviom India Housing Finance

Delhi-based Aviom India Housing Finance Pvt Ltd, which provides affordable housing loans to low-income individuals and families, has raised INR 15 crore from Insitor Impact Asia Fund in its Series A round of funding.
07/02/2018

Piramal-backed Montane Ventures invests in healthcare startup healthi.in

The parent company of healthi, an online platform which offers customised and technology-backed preventive health checkup packages, has raised around INR 20 crore from Montane Ventures, a venture capital firm that counts Ajay Piramal’s family office as an anchor investor.
07/02/2018

British retail entrepreneur backs Bangalore startup Tyremarket.com

Bengaluru-based online tyre retailer Tyremarket has raised around $500,000 from UK-based online tyre retailer Blackcircles founder Michael Welch.
06/02/2018

Vijay Shekhar Sharma, others back India’s first AR headset AjnaLens

Dimension NXG, which has created India’s first augmented reality headset AjnaLens and the software technology behind it, has raised an undisclosed amount in angel investment from a group of investors including Paytm founder Vijay Shekar Sharma.
06/02/2018

Ed-tech startup CollegeDekho raises $2 mn from existing investors

Ed-tech startup CollegeDekho, which is run by GirnarSoft Education Services Pvt Ltd, has raised $2 million from London-based Man Capital LLP, Girnar Software and other investors.
05/02/2018

Self-publishing platform Pratilipi earns INR 28 crore in a series-A round

Self-publishing platform Pratilipi has raised INR 28 crore in a series-A round led by Omidyar Network, with participation from new investors Shunwei Capital and WEH Ventures.
05/02/2018

Co-working space provider Creator’s Gurukul raises fresh round of funding

Cricketer Yuvraj Singh-backed co-working space provider Creator’s Gurukul has raised an undisclosed amount of funding from existing and new investors including Rohit Nanda, who is based in Singapore, and Smarak Bhuyan, who is based out of Bay Area, California, among others.
05/02/2018

ICICI Bank to pick up minority stake in biometric payment startup Tapits

ICICI Bank, the country’s largest private sector lender, has invested an undisclosed amount in Mumbai-headquartered mobile payments startup Tapits Technologies Pvt Ltd.
05/02/2018

Unitus leads funding round in B2B e-commerce platform Shotang

Bangalore-based Sabonka Technologies Pvt Ltd, which runs business-to-business e-commerce platform Shotang, has raised an additional $864,000 from existing investors led by Unitus Impact Livelihoods Fund.
02/02/2018

Karma Primary Healthcare raises funds from 1Crowd, others

Rajasthan-based healthcare provider Karma Primary Healthcare Services has raised an undisclosed amount of funding in a round led by early-stage investor and equity crowd-funding platform 1Crowd.
02/02/2018

FabAlley raises venture debt from Trifecta Capital

Noida-based High Street Essentials Pvt Ltd, which owns and operates FabAlley, an online women’s fashion brand, has raised INR 5 crore in venture debt from Trifecta Capital.
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