Archive News

28/01/2020

JSW Ventures set to mark first close of new VC fund

JSW Ventures, the venture capital arm of billionaire Sajjan Jindal‎-led JSW Group, is set to make the first close of its second fund that seeks to raise a total of INR 350 crore and the new fund will seek to invest in software-as-a-service (SaaS) businesses focused on retail, manufacturing, health […]
27/01/2020

Tribe Theory Grabs around INR 25 Crore From Tim Draper To Form Its International Division

Venture capitalist Tim Draper has invested around INR 25 Crore in Tribe Theory, an international entrepreneur-focused hostel chain.
27/01/2020

She Capital leads Series A funding in snacks startup Samosa Singh

Woknstove Foodworks which operates quick-service snacks startup Samosa Singh, has raised around INR 19 crore in its Series A funding led by the Delhi-based early-stage venture capital firm She Capital.
27/01/2020

Mastercard bets on payments solutions firm Pine Labs

Payment solutions provider Pine Labs has raised funding from Mastercard marking the second reported bet the global technology payments giant has made on an Indian firm within six months. Pine Labs did not disclose the financial details of the deal.
24/01/2020

LogiNext Raises USD 39 Million From Tiger Global, Steadview To Fuel Overseas Expansion

California-based logistics automation platform LogiNext has raised USD 39 Million funding from US-based marquee investors Tiger Global Management and Steadview Capital
24/01/2020

Ashish Kashyap’s INDwealth Is Raising USD 12 Million Series C Round

Gurugram-headquartered wealth management platform INDwealth is now raising USD 12 million Series C funding from existing and new investors, after barely one and a half years of starting operations.
24/01/2020

Info Edge opens INR 100 crore venture fund

Info Edge which owns and operates India’s largest online job portal Naukri, has set up its maiden venture capital fund INR 100 crore and will invest in tech and tech-enabled entities that provide technology to create, market and distribute innovative products and services that benefit consumers at large
24/01/2020

Venture Catalysts bets on neo-banking platform Nupay

Entellus Business Solutions, which operates enterprise-focussed neo-banking platform Nupay, has raised funding in a seed investment round led by startup incubator and accelerator Venture Catalysts.
24/01/2020

Sid Yog family office-backed firm leads Series A round in ed-tech startup Eupheus

Education technology firm Eupheus Learning has raised around INR 30 crore in its Series A funding led by Yuj Ventures, the early-stage investment platform backed by the family office of Xander Group founder Sid Yog.
24/01/2020

PepsiCo bottler family invests in Delhi-based health platform Crysta

The family behind PepsiCo bottler Jaipuria Group has led pre-Series A funding worth INR 10 crore in Delhi-based Crysta, a pregnancy and fertility platform
23/01/2020

Bounce Bags Further USD 105 Million In Series D Round From Accel, B Capital, Others

Bengaluru-based dockless bike rental startup Bounce has raised an additional USD 105 Million from Accel Partners and B Capital Group.
23/01/2020

SaaS startup SmartKarrot gets angel funding for India expansion

SmartKarrot a customer and product insights-oriented software-as-a-service provider, has raised USD 1 million in an angel funding round.
22/01/2020

Cloud Kitchen Fund Ghost Kitchens Invests In QSR, Eathos

Cloud kitchen fund and incubator Ghost Kitchens has invested an undisclosed amount in the  QSR Brands India and Eathos Group to help the restaurant brands scale up in several locations
22/01/2020

Smart Parking Startup Park+ Raises USD 11 Million from Sequoia, Matrix Partners

Delhi NCR-based Park+, which lets consumers book parking spots around cities, has announced raising USD 11 Million in funding from marquee VCs Sequoia Capital and Matrix Partners.
22/01/2020

Fairfax-backed Go Digit’s valuation tops USD 800 million after fresh funding

Go Digit General Insurance, which is backed by Canadian investment firm Fairfax, has raised USD 84 million funding from three new investors in a round that values it at least USD 800 million
22/01/2020

Venture Catalysts backs former EbixCash exec’s fintech startup GetVantage

Financing platform GetVantage Tech has raised funding from a clutch of investors including Venture Catalysts and Samyakth Capital
22/01/2020

Sequoia leads seed funding round in SaaS startup Samya AI

Samya AI, which offers a software-as-a-service (SaaS) platform to help consumer packaged goods companies increase revenue, has raised USD 6 million in a seed funding round.
21/01/2020

Watsa-backed Digit raises USD 84 million from domestic PEs

Digit Insurance has raised USD 84 million from domestic private equity funds A91 Partners, Faering Capital and TVS Capital
21/01/2020

Zomato acquires Uber Eats in an all-stock transaction

Online food delivery and restaurant discovery platform Zomato has acquired the Indian operations of Uber Eats, the food delivery business run by Uber, for around USD 350 million
21/01/2020

Samya AI Raises USD 6 Mn From Sequoia To Bring Its FMCG SaaS Tool To Market

Sequoia India has invested USD 6 Million in artificial intelligence (AI) powered enterprise SaaS company Samya AI as a part of the seed-stage funding round.
21/01/2020

Zoomcar In Expansion Mode With USD 30 Million Funding From Sony Innovation Fund

Bengaluru-based self-drive car rental platform Zoomcar has announced raising USD 30 Million in funding led by Sony Innovation Fund, the venture capital wing of electronics giant Sony
21/01/2020

AI-based vernacular content startup Instoried gets VC funding

Instoried Research Labs, which runs an artificial intelligence-driven tech content startup, has raised funding from US-based venture capital firm SOSV and its Chinese arm Chinaccelerator
21/01/2020

Invento Robotics raises seed funding from Windrose, ITI Growth fund

Invento Robotics has raised INR 2 crore in seed funding from Pune-based Windrose Capital and early-stage ITI Growth Opportunities Venture Fund of Investment Trust of India, which is a financial services group backed by Sun Pharmaceutical Industries director Sudhir Valia
21/01/2020

Kristal AI lands USD 6 million funding led by Chiratae Ventures & others

Artificial intelligence startup Kristal AI has raised USD 6 million in Series A funding round led by Chiratae Ventures along with Desai Family Office and others
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