Archive News

11/04/2017

Singapore’s RB Investments backs Indian QSR chain The Beer Cafe

Gurgaon-based BTB Marketing Pvt Ltd, which runs a chain of beer bars under the brand The Beer Cafe, has raised an undisclosed sum from Singapore-based RB Investments. Founded by Rahul Singh, the company operates 34 stores in 10 cities including including Mumbai, New Delhi, Chandigarh, Bangalore, Amritsar, Gurgaon, Ludhiana, Mohali, […]
11/04/2017

M&A platform MergerWare raises $100K more to go global

Corporate Mergerware Solutions Pvt Ltd, a startup that provides software solutions for post-merger and acquisition integration, has raised $100,000 (about Rs 65 lakh) from existing investor Philippe Bouchet, who is a former vice president at French energy management firm Schneider Electric. The company will use the fresh capital for its […]
11/04/2017

Medwell Ventures raises $21 Million in Series B round led by Mahindra Partners

Medwell Ventures Private Limited, the operator of Nightingales specialty home healthcare services in India, has raised $21 Million in Series B round led by Mahindra Partners. The round also saw participation from existing investors Eight Roads Ventures and US-based F-Prime Capital Partners, alongside early angel investors and the founders.
11/04/2017

Flipkart raises $1.4 Billion, acquires eBay India

Flipkart has raised its seventh round of funding from eBay, Microsoft, and Tencent at a valuation of about $12 Billion. Flipkart has also acquired eBay’s India arm.
10/04/2017

Reverse Pitch

Reverse Pitch is an event where we flip the script and have investors pitch to start-ups. They will be sharing their operational experience, sector focus, investment thesis, ticket sizes, portfolio and the value propositions that they bring to the table with the entrepreneurs
10/04/2017

Great Indian Developer Summit 2017

With over 40000 attendees benefiting from nine game changing editions, GIDS is the gold standard for India’s software professional ecosystem. The summit has seen participation from 505+ sponsors and 725+ speakers since 2008
10/04/2017

E-Fest ’17

E-Fest, “The Entrepreneurship Festival” is Pune’s largest E-Fest organised by COEP. The event helps students to be at the helm of the startup revolution, to induce an entrepreneurial mind-set in the students and support the innovative streak in them
10/04/2017

The Centennial Startup Saturday Delhi

The 100th edition puts together a brilliant panel discussion with startup veterans, and keynotes from one of the biggest names in the ecosystem.The event will bring together 25+ speakers from the cadre of marquee investors, serial entrepreneurs and domain experts from diverse backgrounds to share their views and opinions. There […]
10/04/2017

Cashback & analytics firm Zaggle buys Pennyful

Cashback and analytics company Zaggle Prepaid Ocean Services, which offers cashbacks to customers at restaurants, has acquired Bengaluru-based online cashback and coupons company Pennyful in a cash-and-stock deal. The Pennyful team of 15 members will join the 115-team at Zaggle, especially to augment the latter’s digital marketing and product technology […]
10/04/2017

Smart scooter maker Twenty Two Motors raises $1.6 Million angel funding

Gurgaon-based Twenty Two Motors Pvt Ltd, which is working on rolling out its first smart scooter, has raised funding in a pre-Series A round led by Ishwar Singh, chief executive of Haryana Group of Industries. The funding will be utilized to develop and test its prototype, hire across verticals and […]
10/04/2017

Lending firm Capital Float raises $2.3 Million from Mahindra’s NBFC arm

Digital lending startup Capital Float has raised INR 15 crore from Mahindra and Mahindra Financial Services by allotting non-convertible debentures (NCDs). The funding will be utilized to strengthen its loan books.
07/04/2017

Cookware brand Wonderchef raises INR 40 Crore

Wonderchef, a kitchen appliance and cookware brand promoted by celebrity chef Sanjeev Kapoor, has raised INR 40 crore from French group Labruyere Eberle. The funding will be utilized for a new manufacturing unit and expansion into new segments.
07/04/2017

Paytm backs healthcare startup QorQI

Digital payments and commerce platform Paytm has invested an undisclosed amount in QorQI, an online healthcare startup. Started in 2014, the Noida-based startup uses artificial intelligence (AI) and big data to improve the productivity of doctors along with helping patients to manage their health and existing ailments better.
07/04/2017

Crowdfunding platform DesiredWings acquires Catapooolt

Promoters of crowdfunding platform Desiredwings have acquired Catapooolt for an undisclosed sum. Both the brands will stay in the market post this acquisition, focusing on different segments of the crowdfunding industry. Catapooolt handholds entrepreneurs at different stages of their journey by bringing in other entrepreneurs and backing them to achieve […]
07/04/2017

YouWeCan Ventures invests in Startup Buddy

Yuvraj Singh’s YouWeCan Ventures has invested an undisclosed amount in Startup Buddy,a Gurugram-based company that serves early-stage businesses. Cofounded in 2015 Startup Buddy provides services ranging from incorporation, accounting and taxation to project advisory, legal and intellectual property-related work to startups in India and abroad.
07/04/2017

Home rental startup FastFox raises INR 30 Crore from Lightspeed, others

Home rental startup FastFox has raised INR 30 crore in a Series A funding round from Lightspeed India Partners, the India-specific fund of US-based Lightspeed Venture Partners, Blume Ventures and CyberAgent Ventures. The funding will be utilized improving technology solution, developing service delivery model and expanding the team across engineering, […]
07/04/2017

Bengaluru-based FalconBrick raises INR 4 Crore in angel round

A clutch of Kolkata-based real estate players and foreign, as well as domestic investors, have invested close to INR 4 crore in Bengaluru-based firm FalconBrick Technologies. The funding will be utilized to enhance product and accelerate business development.
07/04/2017

FreeCharge founders float venture fund, back ed-tech startup

Sandeep Tandon and Kunal Shah, co-founders of payments startup FreeCharge have floated a venture fund and recently made its first known investment.
06/04/2017

Budget hotels platform RedDoorz raises funding from InnoVen Capital

RedDoorz, a Singapore-based budget accommodation firm, has raised $1 million in venture debt from InnoVen Capital. RedDoorz, run by Commeasure Solutions India Pvt. Ltd, offers customers standardized accommodation services.
06/04/2017

Impact investor Acumen to launch India-dedicated fund

Global impact investor Acumen is planning to launch an India-dedicated fund, as the investor looks to double down on its most significant geography. So far, Acumen has raised all of its capital in the US.
06/04/2017

Ready-to-cook food brand Fingerlix raises INR 20 crore in series A

Ready-to-cook food brand Fingerlix has raised INR 20 crore ($3 million) from Zephyr Peacock in a series-A round of funding. The funding will be utilized to build on the product line, which currently features 15 SKUs, that includes batters for idli, dosa and vadas, dals, curries, biryanis, chutneys and also […]
06/04/2017

DataWeave raises Series-A from large Japan ad tech company FreakOut

DataWeave has raised an undisclosed amount of series-A funding from investors led by one of Japan’s largest ad tech companies, FreakOut Group, which has acquired a strategic stake in the business intelligence startup based in Singapore and Bengaluru. While DataWeave’s technology analyses online consumer behaviour, FreakOut Group’s technology analyses consumers’ […]
05/04/2017

Fin-tech firm Credit Sudhaar raises funds

Mumbai-based Credit Sudhaar Services Pvt Ltd has raised undisclosed amounts from Deepak Kulkarni and Sandeep Pangal. The company will use the funds raised to “build a loan book” even as it readies to raise $25 million (Rs 162 crore) to accelerate growth.
05/04/2017

Health-tech startup Konsult raises seed funding

Delhi-based healthcare tele-consultation platform Konsult App Pvt Ltd has raised $500,000 in two rounds of seed funding from a consortium of investors from the US, the UK, Netherlands and Australia. Konsult has evolved as a medical consultation and second opinion platform.
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