Archive News


Cold-pressed juice startup Juice Up raises pre-Series A funding

Fresh Food Concepts Pvt Ltd, which sells cold-pressed juices under the Juice Up brand, has raised $2 million in a Pre-Series A round of funding led by angel investors Siddhartha Gupta and Ashvin Chadha. The funding will be utilized to upgrade production facility and enhance sales and distribution network.

Hindustan Foods raises funding from VC firm Sixth Sense

Consumer-focused venture capital firm Sixth Sense Ventures has picked up around 16% stake in Hindustan Foods Ltd (HFL), a public-listed company for INR 8 crore. HFL which is owned by Vanity Case Group and Dempo group of Goa, makes PepsiCo Inc’s Kurkure snack brand. The company also manufactures foods for […]

P2P lending platform Rupaiya Exchange raises $200K funding

Delhi-based fintech startup that facilitates peer-to-peer lending, Rupaiya Exchange, has raised $200K in its angel round of funding from HNIs and a group of professionals. The funding will be utilized to enhance technology and strengthen the team.

SaaS Platform UrbanPiper raises funding from Axilor, angel investors

UrbanPiper has raised an undisclosed amount in funding from Axilor and a group of angels. The company, which runs a platform that enables hyperlocal businesses to go online will utilize the funds to enhance technology offering and scale up client base.

Delivery Hero Holding GmbH acquires Foodpanda

Berlin-based online food takeaway service Delivery Hero Holding GmbH has acquired online marketplace for food delivery Foodpanda for an undisclosed amount. In exchange for all its shares in Foodpanda, Rocket Internet SE received newly issued shares in Delivery Hero increasing its stake in Delivery Hero to 37.7 per cent on […]

Max Ventures acquires 1.99% stake in Nykaa

Max Ventures and Industries Ltd, part of industrialist Analjit Singh’s Max Group, has acquired a stake in online beauty essentials retailer Nykaa. The online marketplace sells products across categories ranging from skincare, hair care, fragrances, bath and body, and luxury products for both women and men.

Kalaari leads Series A round in fashion e-commerce firm StalkBuyLove

Fashion e-tailer StalkBuyLove has raised around INR 41 crore ($6 million) in its Series A funding round led by Kalaari Capital, as it looks to expand its business in a market that is increasingly getting crowded. The startup sells women’s clothing and accessories. The company, which sells private labels only, […]

Content delivery platform WittyParrot raises funding from Mumbai Angels, others

WittyParrot, a cloud-based content delivery platform has raised INR 3 crore ($450,000) in seed investment from Mumbai Angels and a few Silicon Valley-based angel investors. The funding will be utilized to expand sales team and grow footprint in the US and India.

Hexagon Nutrition raises Series A funding from Somerset Indus Capital

Mumbai-based pharmaceutical company Hexagon Nutrition Pvt Ltd has raised an undisclosed amount in Series A growth capital round from Somerset Indus Capital Partners. The funding will be utilized to grow its branded consumer business segment globally.

Paytm founder Vijay Shekhar Sharma raises INR 325 Crore by selling 1% stake

Digital payments and commerce platform Paytm’s founder and CEO Vijay Shekhar Sharma has sold 1% of his holding in One97 Communications to raise about INR 325 crore. This money will be pumped into the group’s proposed payments bank.

Spacetech startup Astrome raises funding from former Nokia executive

Space technology company Astrome Technologies Pvt Ltd, is in talks to raise a pre-Series A round of funding from a clutch of investors in the next couple of weeks. Angel investor Ajith Sukumaran, who is leading the investment, has already committed a portion of the funds in this round.

Automobile servicing platform GoMechanic raises funding from Venture Catalysts

Automobile servicing platform GoMechanic, run by Targetone Innovations Pvt Ltd, has raised $250,000 in funding from seed investment and innovation platform Venture Catalysts. The funding will be utilized to build the tech infrastructure and expand the team.

Healthtech startup NeuroEquilibrium Diagnostics raises funding from Unicorn India Ventures

Jaipur-based healthtech startup NeuroEquilibrium Diagnostics Systems Pvt Ltd, a super-speciality healthcare chain of vertigo and balance disorders clinics, has raised $250K in Pre-Series A round of funding. The investment is led by Unicorn India Ventures, a Mumbai-based VC with INR 100 Cr fund corpus.

Shared mobility solutions provider Revv raises $9 Million from Edelweiss PE, others

Delhi-based self-drive car services company Revv has raised $9 million in its series A round of funding led by Edelweiss Private Equity. The round was divided across equity and debt, where it received debt financing from Mahindra & Mahindra Financial Services and car leasing partner LeasePlan India.The funding will be […]

ZestMoney raises Series A funding from Naspers-owned PayU

Chalk Farm Ventures Pvt Ltd, which runs consumer lending startup ZestMoney, has raised INR 44 crore in a Series A round of funding led by Naspers-owned online payments firm PayU. The startup provides online shoppers the facility to open accounts instantly with banks providing loans.

Automobile IoT firm Vehico raises funding from Calcutta Angel Network and Appliyifi

Bengaluru-based Vehico that develops Internet of Things (IoT) solutions for the automobile industry has raised an undisclosed amount of angel investment from Calcutta Angel Network and Appliyifi, an online platform for startup investments.The fresh capital raised will be utilized to strengthen its product, scale up the technology infrastructure and to […]

Ex-Paytm executive’s fashion app LookAtMe raises seed funding from Eros Labs

Fashion based social media mobile application LookAtMe has raised an undisclosed amount in seed funding round from Eros Labs. The funding will be utilized for hiring, technology, and growth.

Retailers networking platform Netree raises Pre-Series A funding

Delhi-based retailers networking platform Netree has raised undisclosed funding in Pre-Series A round led by  Chennai Angels and LetsVenture. The funding will be utilized for technology enhancement, business development, and expansion.

Online event booking platform BookEventz raises funding from Mumbai Angels, others

Online event booking platform BookEventz has raised an undisclosed amount of funding in an angel round led by Mumbai Angels with Girish Mathrubootham and Anbu Pandian (PanZeea Solutions) and other investors on LetsVenture. BookEventz was founded in 2012 and aims to be a one­-stop portal, to cater all event-­related services. […]

Pet Portal TailsLife raises funding from LetsVenture, others

TailsLife, a mobile application that address pet parent’s’ needs, has raised an undisclosed amount of angel funding in a round led by Mohan Kumar, Executive Director Norwest Ventures Partners India and LetsVenture’s V Balakrishnan.  The startup aims at making pet parenting easier and happier by providing content specific to the […]

Health-tech startup THB raises funding from Currae Healthtech Fund, others

Clinical research and data analytics company THB has closed a seed funding round led by former executive of Nokia Ajith Sukumaran and Apoorva Patni-led early stage fund Currae Healthtech Fund. The funding will be utilized to expand technology, data science and clinical teams.

AI startup raises funding from Haresh Chawla, Ronnie Screwvala

The Bengaluru-based artificial intelligence startup has raised INR 3 crore in a new round of funding led by Haresh Chawla, a partner at India Value Fund Advisors (IVFA). Existing investor Ronnie Screwvala’s Unilazer Ventures also participated in this round, the startup disclosed in its ROC filings.Founded in April 2015 the […]

Fintech firm WealthApp raises angel funding

Bengaluru-based online investment advisory startup WealthApp Financial Advisors Pvt Ltd has raised INR 3 crore ($440,000) in angel funding from investors including NuVentures managing partner Venk Krishnan and Daksh eServices co-founder MJ Aravind. WealthApp, launched in January this year, offers online financial and investment advice to individuals.

Food delivery startup Mr. Hot Foods raises funding

Food delivery startup Mr Hot Foods Pvt Ltd has raised an undisclosed amount of seed funding from angel investor Pawan Raj Kumar through the IvyCamp platform. Mr Hot Foods delivers food ordered via its app from local restaurants and tiffin centres in standardised packaging. The startup claims to deliver nearly […]