Archive News


pi Ventures marks second close of debut fund at $25 million

Early-stage venture capital firm pi Ventures has marked the second close of its debut fund at $25 million (INR 160 crore) from Hero Enterprise chairman Sunil Kant Munjal, Hero Electronix’s corporate financing arm and Canbank Venture-backed Electronic Development Fund.

Rivigo raises Series D funding at over $900 million valuation

Gurgaon-based tech-enabled logistics services provider Rivigo Services Pvt Ltd has raised $50 million in a Series D round led by company’s existing institutional investors, SAIF Partners and Warburg Pincus at a valuation of $900 Million.

Algorithmic trading platform Kuants raises $78.6K angel investment

Kuants, an algorithmic trading platform, has raised $78,600 from Delhi-based angel investors Pankaj Chopra and Ankush Gupta.

ToneTag gets $1.3 Million funding from Tropical Star

Mobile payments solutions startup ToneTag has raised $1,300,000 in funding from Tropical Star Ltd.
15/01/2018 raises $157k seed funding

Workflexi, an online marketplace for contract workers, has raised INR 1 crore ($157,300) in a seed round led by Kamalraj Chandrasekaran, founder and executive director of Kamalraj Hospitality Concepts India Pvt Ltd.

RealPro realty raises $3.4 Million from HT Media

HT Media Ltd is investing up to $3,440,000 in luxury real estate brokerage firm RealPro Realty Solutions Pvt Ltd.

Fintech startup Fincash raises $100K from angel investors

Mumbai-based personal finance startup Fincash, run by Shepard Technologies Pvt Ltd, has raised $100,000 (INR 64 lakh) in its first round of funding from Mohammed Khan, founder of Rediffusion and Sameer Narayan, former fund manager at BNP Paribas.

M-commerce app Goodbox raises funds from Nexus, Mekin Maheshwari

Goodbox, an app that offers small and medium-sized businesses an e-commerce platform, has raised about $1 million in a fresh funding round led by existing investor Nexus Venture Partners.

Online to offline healthcare startup HealthIntel raises growth capital

HealthIntel Services (HSPL), which uses a unique online-offline pharmacy model in Northern India, has raised an undisclosed growth capital from BLIP Initiatives.

VC firm Ventureast cuts 6th fund target to $100 million

Bengaluru-based venture capital firm Ventureast has scaled down the target for its sixth fund to $100 million from the original target of $150 million and is likely to achieve the final close by September.

Online micro-delivery startup MrNeeds raises close to $500k in pre-series A Funding

Noida-based online micro-delivery startup MrNeeds has raised close to $500K in pre-Series A funding from a consortium of investors including IT professional Umesh Arora.

Healthcare focussed VC fund HealthQuad closes its INR 75-crore maiden round

Early-stage healthcare-focussed venture capital fund, HealthQuad, has made the final close of its maiden fund at INR 75 crore, out of which about 85% of the fund corpus has been raised from family offices in Europe and India, while the remainder has been funded by the founders of private equity […]

Tata Capital to raise $1 Billion across three private equity funds

Tata Capital Ltd, a financial services business of the Tata group that manages various private equity funds, has earmarked $115 million to be invested as its general partner commitment, as the firm looks to raise up to $1 billion across three private equity funds( Tata Opportunities Fund II, Tata Capital […]

Beauty products discovery startup VanityCask raises seed funding

VanityCask Tech Pvt Ltd, which runs luxury beauty products discovery platform VanityCask, has raised an undisclosed amount in seed funding from Singapore-based angel and venture capital firm RB Investments.

Snacks maker Chajjhed Foods raises $4.65 Million from GVFL

Snacks maker Chajjhed Foods Pvt Ltd has raised about INR 30 crore from venture capital firm GVFL Ltd.

Ola picks up $50 Million from NY hedge fund

India’s largest taxi aggregator Ola has raised about $50 Million from Tekne Capital Management, adding hedge fund Tekne Capital Management to its growing set of investors.

Craft beer maker White Owl Brewery raises pre-Series A round

White Owl Brewery Pvt Ltd, a Mumbai-based craft beer maker, which also runs a gastropub in the city, has raised a fresh round of funding from a clutch of investors.

Wow Momo gets cooking with INR 44 crore

Kolkata-based Wow Momo Foods, which owns and operates quick service restaurant brand Wow Momo, has raised INR 44 crore in a Series-B round from investors led by venture capital firm Lighthouse Funds.

AI startup gets $500k from Unicorn India

Mumbai-based VC firm Unicorn India Ventures has invested $500,000 in artificial intelligence analytics startup Boxx ai.

Google’s Anandan, Freshworks’ Mathrubootham back Vista Rooms

Mumbai-based Stay Vista Pvt Ltd, which operates budget hotel aggregator Vista Rooms, has raised a little over Rs 5 crore ($776,000) in pre-Series A funding from a bunch of investors including seed-stage investor Artha India Ventures and Singularity Holdings.

Tata-owned JLR bets on ride-sharing startup Lyft

InMotion Ventures Ltd, the new-generation mobility solutions investment arm of Tata Motors-owned luxury car maker Jaguar Land Rover, has invested $25 million in Silicon Valley-based ride-sharing startup Lyft.

CSR platform Goodera raises $5.5 Million from Nexus, Omidyar

Goodera, which helps companies manage their corporate social responsibility (CSR) programmes through its technology platform, has raised INR 35 crore in a Series A round of funding from Omidyar Network and Nexus Venture Partners.

Location tracking tools provider HyperTrack raises Series A round

HyperTrack Inc, a US- and India-based startup that helps businesses track their executives and products in real time, has raised an undisclosed amount in a Series A round of funding led by Nexus Venture Partners and Founders Fund.

Lending startup Loanmeet raises seed funding

Online peer-to-peer lending platform LoanMeet, which is run by Strivers Solutions Pvt Ltd, has raised an undisclosed amount of seed funding from chinese entrepreneur-turned-investors Cao Yibin and Huang Wei, along with KrazyBee co-founder and CEO Madhusudan E.