Archive News

18/10/2019

LegalKart raises seed funding from BookMyShow CFO, other tech execs

Black Coat Technologies Pvt Ltd which operates legal technology startup LegalKart has raised USD 492,000 in a seed funding round from a clutch of angel investors.
17/10/2019

White Owl Brewery lands INR 40 crore in second round

White Owl Brewery that sells the eponymous beer brand has raised INR 40 crore in its second round of funding led by existing investors IIFL India Private Equity Fund as it expands geographic footprint to cash in on the rising popularity of craft beer
17/10/2019

Cars24 Eyes Rapid Expansion With USD 100 Million Series D Funding

Gurugram-based online used car marketplace Cars24 has raised USD 100 Million in Series D equity funding round and the investment has come in from a batch of new and existing investors
17/10/2019

Tencent, Tiger Global back security management startup MyGate

MyGate a security management app for gated premises, said on Thursday it has raised USD 56 million in a Series B funding round
17/10/2019

IoT-based water management solutions startup WEGoT raises seed funding

WEGoT Utility Solutions, which operates internet-of-things (IoT)-based water management solutions startup, has raised USD 2 million in a seed funding round
17/10/2019

Astarc Ventures leads funding in ed-tech startup SOAL

Early-stage venture capital firm Astarc Ventures has led a funding round of USD 300,000 in Mumbai-based ed-tech firm School of Accelerated Learning (SOAL)
16/10/2019

Tiger Global, Sequoia India Lead USD 8 Mn Series A In UrbanPiper

Bengaluru based software-as-a-service platform UrbanPiper has raised approx USD 8 Million in a Series A funding round
16/10/2019

Nazara Puts INR 835 million in Paper Boat Apps

Gaming firm Nazara Technologies has invested INR 835 million in Mumbai-based Paper Boat Apps which is an independent studio
16/10/2019

SoftBank backed True Balance raises Series C funding from Korean investors

Gurugram-based Balancehero India Pvt Ltd which operates mobile balance-checking app True Balance has raised USD 23 million in a Series C funding round from a clutch of investors
16/10/2019

CleverTap raises Series C funding from Tiger Global,Sequoia Capital etc

WizRocket Technologies Pvt Ltd which operates mobile app analytics startup CleverTap has raised USD 35 million in a Series C funding round led by existing investors Tiger Global Management and Sequoia Capital.
15/10/2019

Ratan Tata to invest in Tork Motors

Electric vehicle startup Tork Motors on Monday said Ratan Tata has decided to invest an undisclosed amount in the company and previously the Pune-based company has raised funds from Bharat Forge and Bhavish Aggarwal (Founder of Ola cabs)
15/10/2019

Doodhwala comes via FreshToHome

Doodhwala has halted operations and is redirecting customers to FreshToHome, in a sign of increasing consolidation among companies providing subscription based grocery and milk delivery
15/10/2019

True Balance Raises USD 23 Million In Series C Funding For Expansion And Growth

Gurugram and Korea-based mobile balance management service startup True Balance has raised USD 23 Million in a Series C funding round.The investments reportedly came in from Korean investors which include NH Investment & Securities, IMM Investment, HB Investment, IBK Capital, D3 Jubilee Partners, SB Partners and Shinhan Capital
15/10/2019

Go-Ventures leads Series A funding in social commerce platform Mall91

Mall91, a social commerce platform for vernacular users, has raised around INR 68 crore in its Series A round of funding led by Go-Ventures
14/10/2019

Chinese banks eye early-stage deal in Indian startups

While some of China’s investment banking behemoths have already established deep connects with India’s startup ecosystem, a clutch of newer and smaller technology-focused merchant banks are now targeting the latter’s early-stage ventures and the early-stage ventures that are working with Chinese investment banks, or have held multiple discussions with them, […]
14/10/2019

Investcorp Leads INR 80 Crore Fresh Funding In Online Retailer Bewakoof

Thane-headquartered online retailer Bewakoof has raised a fresh funding round of INR 80 Crore and the round has been reportedly led by Bahrain’s alternative asset manager Investcorp
14/10/2019

CarDekho Looks To Raise USD 100 Million In Series D Funding Led By Autohome Inc

Jaipur-based automobile subsidiary of Girnar group, CarDekho, is raising a USD 100 Million Series D funding round
14/10/2019

Zoomcar Raises around INR 56 Crore From Parent Entity, WeWork India CEO

Bengaluru-based rental car service Zoomcar has raised around INR 56 Crore mix of debt and equity from its US-based parent entity Zoomcar Inc and WeWorks India head Karan Virwani
14/10/2019

Club Factory Raises USD 100 Million To Bolster Open Platform Ecommerce Strategy For India

Chinese e-commerce giant Club Factory has announced a USD 100 Million Series D funding round led by venture capital firm Qiming Venture Partners, with participation from Bertelsmann, IDG Capital, and other Fortune 500 companies from USA and Asia
14/10/2019

Adtech Startup OneOneDay Raises around USD 1 Million in Pre Series A From Indian Angel And Others

Oodies app in India and partnering with telecom company Airtel, Hong Kong-based adtech startup OneOneDay has now raised aroun USD 1 Million in Pre Series A round from Chinese investors to fuel its expansion plans
14/10/2019

Former Springforth Capital exec gets angel funding for OTC venture

Hilt Brands India, which offers over-the-counter (OTC) healthcare products, has raised angel funding from a few wealthy individuals
14/10/2019

Roots Ventures backs premium products discovery platform Smytten

Surfboats Solutions, which operates online discovery platform for premium products Smytten, has raised around INR 11 crore in funding from investment firm Roots Ventures
11/10/2019

MeitY Builds a Startup Hub for Stakeholders

India has set up a hub for startups, which will act as a platform to connect with incubators, accelerators, mentors, and eventually angel funds and venture capitalists.
11/10/2019

InnovationQore launches in India with INR 50 crore funding start

A newly set up equity fund InnovationQore has launched a pan-India programme Turbostart to invest in early-stage startups.
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