Archive News


Bharat Innovation Fund & Falcon Edge back AI-based firm vPhrase Analytics in Series A round

vPhrase Analytics Solutions Pvt Ltd, an artificial intelligence (AI) based natural language generation technologies has raised USD 2 million in its Series A funding round.

Australia’s Growth DNA & others invest in Ed-tech startup AdmitKard

Ed tech startup AdmitKard has raised USD 1 million from Australia-based ed tech fund Growth DNA and Dheeraj Bhatia, the founder of Kips Learning, a professional computer education firm.

Venture Catalysts invests in online gaming company Global eSports

Global eSports, an online gaming company has raised an undisclosed amount of money in a seed funding round from incubator and accelerator Venture Catalysts.

PayU in talks to buy consumer lending platform PaySense

PayU is in talks to acquire online consumer lending platform PaySense, in a potential cash- and-stock deal that is likely to value the Mumbai-based company at USD 60-70 million.

Former MakeMyTrip execs’ travel-tech startup RedDoorz gets Series C cheque

Singapore-based budget hotel accommodation firm RedDoorz has raised USD 70 million in its Series C round of funding.

TVS invests in US-based artificial intelligence, industrial IoT startup Predictronics

TVS Motor Company Ltd has invested in Predictronics Corp, a US-based maintenance analytics firm.

Naukri parent Info Edge, others invest in B2B e-commerce platform ShopKirana

ShopKirana E-Trading Pvt Ltd, an e-commerce platform, has raised around USD 10 million in a funding round led by existing investor Info Edge (India) Ltd, which owns portals including job site Naukri

Housing financier Aviom raises Series B funding from Japanese, Dutch investors

Delhi-based Aviom India Housing Finance Pvt Ltd has raised around series B round from Japan’s Gojo & Company and Dutch investor Capital 4 Development (C4D) Asia Fund

Venture Catalysts invests in AI-based vernacular content startup Instoried

Instoried, an artificial intelligence-driven tech content startup, has raised USD 500,000 in a seed funding round from incubator and accelerator Venture Catalysts.

Vir Sanghvi invests in product review startup Mishry

Senior journalist and entrepreneur Vir Sanghvi has invested an undisclosed amount in startup Mishry, which reviews products in the cooking and dining segment.

Accel, former Tiger Global exec Lee Fixel invest in SaaS startup Ally

Ally, a business execution management software startup has raised USD 8 million in its Series A round of funding led by venture capital firm Accel.

Goldman Sachs, China insurer Ping An’s fund lead funding in Nexus-backed H2O ai

H2O ai Inc, an artificial intelligence startup whose algorithms are used by firms to predict fraud, customer churn etc has raised a Series D funding round.

SoftBank Fund makes energy-storage bet

Vision Fund which is created by Japanese tech giant SoftBank Group Corp is investing USD 110 million in Energy Vault, a Swiss startup that use cranes and concrete to store energy

Twitter, TrustBridge help ShareChat close USD100 million round

Regional language social networking platform ShareChat has completed a USD 100 million equity financing round led by microblogging site Twitter with participation from private equity firm TrustBridge Partners.

Robot maker Miko raises 53 cr in Series A investment

Miko, a company that makes emotive robots that can engage and educate children is raising a USD 7.5 million in Series A round led by Chiratae Ventures, YourNest Venture Capital, investor Bruno Raschle’s family office and a group of angel investors.

Ola acquires Pikup ai aims to develop deep tech solutions for mobility

Ola has acquired Pikup ai, an artificial intelligence startup based out of Bangalore which is Co-founded by Inder Singh and Ritwik Saikia.

Online craft marketplace Tjori raises pre-Series A funding

Online craft marketplace Tjori has raised USD 700,000 in its pre-Series A funding round from a clutch of investors in India and the Middle East.

John Chambers-backed AI startup Uniphore closes Series C funding round

Uniphore Software Systems Pvt Ltd has raised USD 51 million in a Series C funding round led by March Capital Partners including Chiratae Ventures, Sistema Asia, CXO Fund, Iron Pillar and the Patni family.

Meesho bags USD 125 million from Facebook, Naspers & others

Social commerce startup Meesho has raised USD 125 million, led by South African media and internet group Naspers, with participation from US technology company Facebook and existing investors SAIF Partners, Sequoia Capital, Shunwei Capital, RPS and Venture Highway.

Swiss impact investor responsAbility leads USD 10 million funding in Aye Finance

Aye Finance Pvt Ltd has raised debt worth USD 10 million led by Zurich-based responsAbility Investments AG and joined by US development finance agency Overseas Private Investment Corp and European pension fund Alecta.

Bertelsmann India leads USD 30 million funding in gold loan platform Rupeek

Rupeek Fintech Pvt Ltd, a financial technology company that operates an online marketplace for gold loans has raised USD 30 million in a funding round led by Bertelsmann India Investments, the strategic investment arm of Germany’s Bertelsmann SE & Co KGaA.

Fashion-tech startup GetNatty secures seed funding

GetNatty Designtech Pvt Ltd, an online-to-offline designer brands aggregator and fashion discovery platform has raised seed funding from a bunch of individuals that i includes Abhay Kumar, chairman and managing director of realty firm Grihapravesh Buildteck, and former Indian Revenue Service officer Binod Choubey.

Ant Financial may set terms for Zomato’s USD 500 million round

Zomato’s key stakeholder, Ant Financial, is likely to have a critical say in the food delivery platform’s plans to raise around USD 500 million in a new funding round.

Software firm Innovaccer to raise USD 60 million

Tiger Global Management and Steadview Capital along with Dragoneer Investment Group, are in advanced talks to invest USD 50-60 million in Innovaccer, an enterprise software company focusing on putting together healthcare data collected at various points.