Archive News

30/03/2018

Gaming Startup Smaaash Raises INR 40 crore ($6.17) Mn Funding From HNIs

The Sachin Tendulkar backed gaming company Smaaash has raised INR 40 crore funding from 23 High Net-worth Individuals (HNIs)
30/03/2018

Google leads Series C funding round in fashion portal Fynd

Mumbai-based online fashion marketplace Fynd, run by Shopsense Technologies Pvt Ltd, has closed its Series C round of funding led by tech giant Google
30/03/2018

Sixth Sense Ventures comes as anchor investor in AVG Logistics

Third-party logistics services provider AVG Logistics Ltd has raised little over INR 9 crore as anchor investment from consumer-focused venture capital firm Sixth Sense Ventures ahead of its initial public offering
29/03/2018

Chinese VC firm leads pre-Series A round in fintech startup Smart Coin

Bengaluru-based fintech startup Smart Coin has raised $2 million (INR 13 crore) in a pre-Series A funding round led by an undisclosed Chinese venture capital firm.
29/03/2018

Angel investors back grocery e-tailer Delybazar

Kolkata-based e-grocery startup Delybazar has raised $300,000 (INR 2 crore) in a pre-Series A funding round a clutch of investors including Pune-based Kalyan Guha, a senior executive at a French multinational, and Kolkata-based Rana Safui, who runs a real estate business in West Bengal and Orissa.
27/03/2018

HNIs invest in vehicle tracking startup Roadcast

Online vehicle tracking platform Roadcast has raised $250,000 in an angel round of funding from undisclosed high-net worth individuals from the United Arab Emirates.
27/03/2018

Ratan Tata tops up investment in news portal The Print

News portal The Print has raised around $5,35,000 from existing investor, Tata Sons chairman emeritus Ratan Tata.
27/03/2018

Former Google exec Amit Singhal backs DriveU

Bengaluru-based DriveU, which connects chauffeurs with private-car owners, has raised $3 million in a pre-Series A round led by Amit Singhal, co-founder of education non-profit Singhal Foundation.
27/03/2018

Initia Holdings, others back digital lender Cash Suvidha with pre-Series A money

Online microlending platform Cash Suvidha has raised $1-million in pre-Series A funding from Initia Holdings Ltd India Industrial Growth Fund’s principal partner Vipin Agarwal.
27/03/2018

Quona Capital raising $150-200 million emerging market fund

Venture capital firm Quona Capital, which is investing out of its second fund for emerging markets, including India, has hit the road for a new fund with a corpus of $150-200 million.
27/03/2018

1Crowd leads pre-Series A round in fintech startup Creditas

Fintech startup Creditas Solutions Pvt Ltd has raised an undisclosed amount in a pre-Series A funding round led by 1Crowd, an equity crowdfunding platform.
27/03/2018

News portal The Ken raises second round of angel funding

The Ken, a subscription-based news startup, has raised around $228,000 from a group of individual investors including Siddharth Bhammar, executive director of investment bank JP Morgan; Anchal Jain, former executive at JP Morgan; and Murali Abburi, managing director of Graticule Asset Management Asia.
27/03/2018

Alteria Capital invests in Sachin Tendulkar-backed Universal Sportsbiz

Venture debt firm Alteria Capital Advisors LLP has invested in INR 30 Crore Sachin Tendulkar-backed celebrity fashion firm Universal Sportsbiz Pvt. Ltd.
26/03/2018

Emerald Media invests $80 Million in sports tech company GSC

Private equity firm KKR-backed investment platform, Emerald Media, has led $80 Million funding round in Singapore and Chennai-based sports tech company GSC (Global Sports Commerce) through a combination of primary and secondary investments.
26/03/2018

Zoho co-founder backs SaaS startup UrbanPiper

UrbanPiper, a software-as-a-service platform that enables web and mobile commerce for hyperlocal retailers, has raised an undisclosed amount in a pre-Series A round of funding led by Kumar Vembu, co-founder of enterprise tech firm Zoho Corp
26/03/2018

Top PayU India execs invest in blockchain startup Nuo Bank

Mumbai-based blockchain startup Nuo Bank has raised $250,000 from payment gateway firm PayU India’s chief executive officer Amrish Rau and managing director Jitendra Gupta
26/03/2018

Little Eye co-founder’s new startup Slang Labs gets VC backing

Bengaluru-based Slang Labs, which offers a multilingual voice-based assistant platform that can be integrated into apps, has raised about $1,240,000 in its maiden round of external funding from Endiya Partners.
23/03/2018

Angel investors back online loan matchmaker i2iFunding

Online loan platform i2iFunding, which matches salaried borrowers with individual creditors, has raised INR 5 crore ($768,000) in a second round of angel funding led by Hyderabad-based SucSEED Venture Partners
23/03/2018

Infosys investing more money in Waterline Data Science

Infosys Ltd is investing an additional $1,500,000 in Delaware, US-based startup Waterline Data Science Inc.
23/03/2018

Aavishkaar invests $5.4 million in breakfast cereal maker Soulfull

Impact investment firm Aavishkaar Venture Management Services Ltd has invested INR 35 crore in Bangalore-based packaged foods startup Kottaram Agro Foods Pvt Ltd, which makes breakfast cereals under the brand Soulfull.
23/03/2018

Balrampur Chini Mills buys into NBFC led by Enam’s Akash Bhansali

Auxilo Finserve Pvt Ltd, a non-banking financial company focussed on the education sector, has raised $5,700,000 from sugar manufacturing company Balrampur Chini Mills Ltd.
23/03/2018

Exfinity Ventures leads seed funding in US-based AgShift

AgShift Inc, a California-based startup which is building an autonomous food inspection system using deep learning, has raised $2 million (Rs 13 crore) in seed funding.
22/03/2018

Zensar Technologies buys Cynosure for $33 million

RPG Group-owned Zensar Technologies has acquired Cynosure for $33 million as it looks to deepen its offerings and expand in the US market, where firms are looking to shed legacy technology and adopt platforms to improve their service.
22/03/2018

Phoenix Group invests in Karuturi Global

The $2-billion Phoenix Group has invested an undisclosed sum in Karuturi Global, a producer and exporter of cut roses, to help the latter pare debt and revive its Kenya operations
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