Archive News

04/02/2020

Online pharmacy 1mg pops a funding pill from Bill & Melinda Gates Foundation

1mg Technologies, which operates health-technology startup and online pharmacy 1mg, has raised around INR 71 crore in funding from the Bill & Melinda Gates Foundation.
04/02/2020

Electric vehicle startup RACEnergy gets funding from GrowX Ventures

Racenergy, which is developing electric vehicle powertrains and recharging infrastructure, has raised funding from growX Ventures and early-stage investor Prophetic Ventures.
03/02/2020

DEAL ANNOUNCEMENT: Enablers advises Insurtech company, Roadzen on a secondary share sale

Enablers advises global insurance technology company Roadzen for a secondary stake sale transaction. Ashish & Sohil Chand via their Family Office, Yukti Securities and Aarthi Ramakrishnan, MD of Mizuho Securities India participated in the round. Roadzen is transforming global insurance with its multi-platform solutions for underwriting, claims management, distribution, inspection […]
03/02/2020

Kalaari, Matrix Invest In Bridge Series C Funding In Vogo

Bengaluru-based two-wheeler rental platform Vogo has raised around INR 14 crore yet another tranche of its bridge Series C funding round.
03/02/2020

Vernacular Edtech Startup Entri Bags INR 10 Crore In Seed Round To Add More Languages

Edtech startup Entri has closed a seed round of INR 10 crore led by Good Capital and it is a local language learning app for India that provides different types of learning content in vernacular or regional Indian languages for job aspirants.
03/02/2020

Doubtnut Raises USD 15 Million Funding In Series A Led By Tencent

Edtech startup Doubtnut has raised USD 15 Million in a fresh round of funding led by Tencent with participation from existing investors Omidyar Network India, Japan-based Akatsuki Entertainment Fund and Curefit founder Ankit Nagori along with Sequoia Capital India.
31/01/2020

ROADZEN

Enablers advises Insurtech company, Roadzen on a secondary share sale Enablers advises global insurance technology company Roadzen for a secondary stake sale transaction. Ashish & Sohil Chand via their Family Office, Yukti Securities and Aarthi Ramakrishnan, MD of Mizuho Securities…. Read More
31/01/2020

AdOnMo Bags USD 3 Million From BAce Capital, Others To Expand To More Cities In India

Hyderabad-based out-of-home (OOH) advertising startup AdOnMo has raised USD 3 Million in a funding round led by Ant Financials’ BAce Capital.
31/01/2020

Airtel Payments Bank Raises INR 225 Crore For Deeper Presence In India

Bharti Airtel’s financial service arm Airtel Payments Bank has raised INR 225 Crore from its parent companies Bharti Airtel and Bharti Enterprises to solidify its presence in India and expand to Africa.
31/01/2020

YC-Backed Kisan Network Gets Seed Funding From Mistletoe, Thiel Foundation And Others

Gurugram-based agritech startup Kisan Network has raised USD 3 Million in a seed funding round and the investment has been led by Atsushi Taira at Mistletoe, with participation from Y Combinator, the Thiel Foundation, Venture Highway, FundersClub, Lynett Capital, Gokul Rajaram and other angels.
31/01/2020

Policybazaar, Cred backer Ribbit Capital targets USD 420 million for new fund

US-based fintech-focussed investor Ribbit Capital, which counts Indian unicorn Policybazaar among its portfolio companies, has floated its sixth global fund and aims to raise USD 420 million
31/01/2020

Real estate platform MultiplyMyLeads raises funding from Frontline Strategy, SucSEED

Uniplatform Tec which owns real estate software-as-a-service (SaaS) platform MultiplyMyLeads, has raised an undisclosed sum from investors including Frontline Strategy Funds and SucSEED Venture Partners.
31/01/2020

Equanimity Ventures bets on management training startup SEAL Professional

Bayside Media, which operates a management training program startup SEAL Professional, has raised capital in its pre-Series A funding round from Mumbai-based Equanimity Ventures
30/01/2020

Unotech Software Raises USD 2 Million To Increase Focus On Open Source Development

Enterprise technology startup Unotech Software has raised USD 2 Million Series A funding from Manish Choksi, promoter of Asian Paints.
30/01/2020

SenseAI leads investment in Google Launchpad startup CureSkin

Heallo India which operates consumer healthcare startup CureSkin, has raised USD 500,000 in funding led by Gurugram-based SenseAI Ventures.
29/01/2020

Zetwerk Raises INR 16 Crore From InnoVen Capital As It Deepens Manufacturing Capabilities

Bengaluru-based manufacturing services platform Zetwerk has raised INR 16 Crore in a fresh funding round from InnoVen Capital.
29/01/2020

Sequoia, Tiger Global back ed-tech startup InterviewBit

Interviewbit Software Services, which runs coding-focussed education-technology startup InterviewBit, has raised USD 20 million in its Series A funding and the funding round was led by Sequoia India and the US-based Tiger Global Management
29/01/2020

Incubate Fund India leads seed funding in ed-tech startup WizKlub

Ed-tech startup WizKlub Learning has raised INR 7 crore in seed funding led by Incubate Fund India, backed by Japan’s Incubate Fund, and joined by social-impact investor Insitor Impact Asia Fund.
28/01/2020

SHEROES Enters Burgeoning Social Commerce Market With SHECO

Delhi-based women community startup SHEROES is now expanding its product portfolio with the addition of social commerce product “SHECO” and the company is also venturing into fintech with its plans to enable micro credit for women homepreneurs and sellers on SHECO
28/01/2020

MoneyTap Eyes Expansion With Funding From Sequoia, RTP Global, Others

Bengaluru-based fintech startup MoneyTap announced that it has raised INR 500 Crore in a fresh round of debt and equity funding and funding was led by Aquiline Technology Growth, RTP Global and Sequoia India, along with a clutch of undisclosed South Korean and Japanese investors
28/01/2020

Tiger Global May Launch around USD 4 Billion Fund To Continue Investment Spree

Global investor Tiger Global Management has reportedly closed around USD 4 Billion global private investment vehicle called the Private Investment Partners (PIP) XII, which will continue to back tech startups in India, US and China.
28/01/2020

Inter-city bus service startup Yolo raises seed funding

Yolo TravelTech Pvt Ltd, which operates inter-city transportation and mobility platform Yolo, has raised USD 600 thousand in a seed funding round.
28/01/2020

B2B packaging materials marketplace Bizongo nets USD 30 million in fresh funding

Bizongo, a business-to-business marketplace for packaging materials, has secured USD 30 million in its Series C funding round led by Swiss hedge fund Schroder Adveq
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 […]
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