Archive News


Artha Venture Fund invests in former Paytm execs’ food-tech startup Daalchini

Daalchini Technologies Pvt Ltd, which operates eponymous vending machines that offer home-cooked food, has raised  USD 500,000 from early-stage venture capital firm Artha Venture Fund.

SIDBI Venture Capital bets on agri-commerce platform SuperZop

Business-to-business agricultural-commerce platform SuperZop has raised INR 8 crore in pre-Series A funding from investors including SIDBI Venture Capital Ltd’s MS Fund.

IP Ventures invests in IoT-based logistics startup Intugine

Internet of things-based logistics startup Intugine Technologies Pvt Ltd has raised capital from Inflection Point Ventures, an investment initiative floated by a group of chief financial officers and finance professionals working at Indian startups

Sequoia Capital India floats seed fund

Sequoia Capital India, which launched its startup accelerator and incubation programme called Surge to make early-stage investments earlier this year, has floated a separate seed fund.

Khatabook eyes USD 20 million from DST, Ribbit, Sequoia

Khatabook is in talks to raise USD 20 million in Series A funding from DST Partners fund, Ribbit Capital and Sequoia Capital

Uniphore raises USD 38 million in fresh funding

Chennai-based speech recognition company Uniphore Software Systems has raised USD 38 million in fresh funding, led by California-based venture capital firm March Capital Partners, at an estimated valuation of around USD 130 million.

Corisol holdings, IFC, others put USD 70 million in e-pharmacy 1mg

Online pharmacy 1mg has closed a USD 70 million investment round led by Corisol Holdings, a European family office, with participation from the World Bank’s investment arm IFC, at a valuation of around USD 200 million.

Meesho is in talks with Naspers for USD120 million round

Meesho is in talks with South African internet group Naspers to raise a fresh USD 120-130 million financing round.

Milkbasket raises Rs 15 crore from Innoven Capital

Grocery delivery startup Milkbasket  has raised INR 15 crore from venture debt firm Innoven Capital.

Unacademy raises USD 50 million from Steadview Capital, Sequoia India and others

Edtech startup Unacademy has raised USD 50 million Series D from Hong Kong based hedge fund Steadview Capital, along with Sequoia India, Nexus Venture Partners and Blume Ventures.

MyGlamm bags INR 100 crore from Bessemer Venture, others

Beauty brand MyGlamm has raised INR 100 crore, led by Bessemer Venture Partners, and the Mankekar family office.

Recko raises USD 1 million from Prime Venture Partners

Recko which provides payment reconciliation services to companies has raised USD 1 million from Prime Venture Partners.

Open gets USD 30 million from Tiger Global, others

Neo-banking platform Open has raised USD 30 million in Series-B funding led by US-based investment firm Tiger Global Management, with participation from Tanglin Venture Partners Advisors. 

Indian Angel Network adds ConceptOwl to ed-tech portfolio

The Indian Angel Network (IAN) has invested around USD 500,000 in education-technology startup ConceptOwl.

CureFit goals stay on track with a USD 120 million round

Health and fitness startup CureFit has closed a USD 120 million funding round, in a mix of equity and debt, with new investors including Unilever Ventures, Epiq Capital, Innoven Capital and Kotak Mahindra Bank.

Mahesh Bhupathi’s beauty products startup gets funding from Unilever Ventures

Scentials Beauty Care and Wellness Pvt Ltd, which mainly offers beauty products endorsed by celebrities, has raised INR 25 crore in its Series A round of funding from Unilever Ventures.

IDFC Parampara, Deepika Padukone & others invest in space-tech startup Bellatrix

Bellatrix Aerospace, an Indian Institute of Science-incubated space-tech startup, has raised USD 3 million in a pre-Series A funding round led by IDFC-Parampara, StartupXseed, Karsemven Fund (KITVEN), Survam Partners, Deepika Padukone , GrowX Ventures, CIIE ,SINE.

Biryani By Kilo pockets Series A cheque from IvyCap Ventures

Biryani By Kilo, a delivery-focussed restaurant chain, has raised INR 30 crore in its Series A round of funding led by venture capital firm IvyCap Ventures.

SAIF Partners leads seed funding round in fintech startup Finwego

Education-focussed financial-technology startup Finwego has raised INR 11 crore in a seed funding round led by venture capital firm SAIF Partners.

USD 130 million funding brings unicorn tag to Druva

Druva, the Pune- and California-based data protection firm, has become the newest Unicorn in India’s technology startup space the company has raised USD 130 million from investors led by US-based Viking Global Investors, Neuberger Berman and Atreides Management.

Trading platform FnO gets USD 2 million

Fintech startup built for futures trading FnO has raised USD 2 million in an angel round.

AI frm Active,ai raises USD 3 million

AI startup Active,ai has raised USD 3 million from Innocell, the venture capital arm of Spanish banking group Banco Sabadell, in an extension of its Series-A funding round.

VC-backed Vogo gets funding from former Myntra CEO, other entrepreneurs

Scooter-sharing startup Vogo Automotive Pvt Ltd has received funding from a bunch of prominent individuals, just a day after main rival Bounce announced raising a big Series C round.

pi Ventures leads seed investment in industrial IoT startup SwitchOn

SwitchOn, an industrial internet of things (IIoT) platform powered by artificial intelligence, has secured USD 1 million in a seed funding round led by pi Ventures.