Archive News

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.
11/10/2019

Social commerce firm DealShare raises funding from Matrix Partners, Falcon Edge

DealShare a social commerce startup that focusses on the grocery segment has raised USD 11 million in a seed and Series A funding round co-led by the US-based venture capital firms Matrix Partners and Falcon Edge.
11/10/2019

Policybazaar backer Inventus raises USD 52 Million for third venture capital fund

Inventus Capital Partners has hit the final close on its third venture capital firm as the India-focussed early-stage investment firm gears up to expand its bets on local startups
11/10/2019

Rural e-commerce startup Boonbox raises fresh capital from early-stage VC firms

Rural e-commerce firm Inthree Access Services Pvt Ltd which operates omni-channel platform Boonbox has raised fresh capital from clutch of VC firms
11/10/2019

Sixth Sense Ventures, Zomato’s Pankaj Chaddah bet on tea e-tailer Vahdam

Venture capital firm Sixth Sense Ventures has led a Series C funding round in Delhi-based online retailer Vahdam Teas Pvt Ltd.
10/10/2019

Roots Ventures invests around UDS 2 million in luxury brands firm Smytten

Premium and luxury brands startup Smytten has raised around USD 2 million in a new funding round from Roots Ventures
10/10/2019

Location Intelligence Startup GeoIQ Raises Funds From IP Ventures

Bengaluru-based location intelligence startup GeoIQ raised an undisclosed amount of funding from IP Ventures. The company is expected to utilise the fund to expand its tech team, improve product development and focus on marketing
10/10/2019

Car Cleaning, Repair CleanseCar Raises USD 2 Million From Haldiram’s, Dhianu Das, Others

Daily car cleaning and repair service CleanseCar, has announced a funding of USD 2 Millon in Pre Series A round from 10 investors, including Haldiram’s Family Office, Apoorv Ranjan Sharma, founder, Venture Catalysts and Rahul Bothra, CFO, Swiggy
10/10/2019

Neo Bank Juno Raises USD 3 Million Seed Funding From Sequoia, Polychain

Neo bank Juno has raised USD 3 Million in a seed funding round led by Polychain Capital and Sequoia Capital India’s accelerator programme Surge. Other investors in the round included Dragonfly Capital, Consensys Labs, Astarc Ventures and Singapore Angel Network
10/10/2019

Neuroscience startup NeuroLeap raises funding from Rajashree Birla, Sminu Jindal

NeuroLeap, a brain enhancement and mental health startup based in Mumbai, has raised funding from philanthropist Rajashree Birla and Jindal SAW Ltd managing director Sminu Jindal
10/10/2019

Winter wear brand Kosha secures seed funding

Kosha, a specialized winter wear brand, has raised an undisclosed amount in seed funding from a clutch of individual and financial investors including Tres Monos Capital and Narendra Hiranandani, founder of Enhira Software
10/10/2019

Fintech firm BASIX Sub-K raises Series C funding from Danish investor

BASIX Sub-K iTransactions, a financial technology company, has raised INR 75 crore in its Series C funding round from Denmark-based asset management firm Maj Invest
10/10/2019

Lightbox, Dabur’s Burmans go bling with Series C bet on e-jeweller Melorra

August Jewellery, which operates fine jewellery brand and e-tailer Melorra, has raised USD 12 million in a Series C funding round from investors including existing backer Lightbox Ventures India
09/10/2019

Hevo Data gets USD 4 million in seed funding

Unified data platform for mid-size enterprises, Hevo Data, has raised USD 4 million in seed funding led by Sequoia Capital’s Surge and Chiratae Ventures as it looks to grow its base of customers in the US and other Western markets
09/10/2019

NeuroLeap raises funds for expansion

Applied neuroscience startup NeuroLeap has raised an undisclosed amount of funding from Rajashree Birla, chairperson, Aditya Birla Centre for Community Initiatives & Rural Development, and Sminu Jindal, MD, Jindal SAW. The company uses brain computer interface (BCI) technology to offer bespoke neural assessment and therapy for mental health conditions
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