Archive News

14/01/2019

Existing investors plan USD 100-million pep pill for Pepperfry

Goldman Sachs PE, Norwest Venture Partners and Bertelsmann India Investments may invest USD 100 million in branded furniture etailer Pepperfry
11/01/2019

Sequoia Capital bets on executive education firm Eruditus

Eruditus Learning Solutions Pte Ltd, which offers executive learning programmes globally, has raised USD 40 million in its Series C round of funding led by global venture capital firm Sequoia Capital.
11/01/2019

Bengaluru-based Micelio fund to invest in clean-energy startups

Bengaluru-headquartered Micelio Fund plans to invest INR 140 crore in startups in the electric vehicle space, across areas such as mobility, software applications, energy and charging infrastructure.
10/01/2019

Fintech Startup Cashcow Raises Funding From Astarc, Valpro And Others

Mumbai-based fintech startup Cashcow has raised a seed funding round led by Astarc Ventures along with Valpro Capital, a Japanese fund, and a few HNIs
10/01/2019

Content startup Pratilipi in funding talks to raise USD 20 million

Regional language publishing platform Pratilipi is in talks to raise USD 15-20 million in fresh capital from new and existing investors, including Omidyar Network and Nexus Venture Partners
10/01/2019

Swiss investor to lead USD 35 million round in online pharmacy 1mg

Gurugram-based 1mg Technologies Pvt Ltd, which operates an eponymous online pharmacy, is raising USD 35 million in a fresh funding round from Corisol Holding AG and existing investors including Sequoia Capital India, Omidyar Network and Swiss healthcare-focused investment firm HBM Healthcare Investments
10/01/2019

HT Media backs digital marketing education firm Digiperform

Delhi-based Digiperform, which offers courses on digital marketing through centres, has raised INR 25 crore in an institutional funding round from HT Media, which publishes Hindustan Times and Mint besides owning other properties.
10/01/2019

IndiaNivesh turnaround fund to back Sebacic India, Autoline Industries

Homegrown private investment firm IndiaNivesh has made the first commitments from its maiden turnaround fund to chemicals firm Sebacic India Ltd of INR 33 crore and auto component maker Autoline Industries Ltd of INR 35 corore.
10/01/2019

Steadview Capital invests more in Ola as valuation soars

ANI Technologies Pvt Ltd, which operates cab-hailing app Ola, has raised INR 520 crore in a fresh funding round from existing investor Steadview Capital.
09/01/2019

Cashcow

Fintech start-up Cashcow raises seed funding led by Astarc Ventures via Enablers Mumbai-based fintech startup Cashcow has raised a seed round led by Astarc Ventures and participation from Yes Bank’s family office, ValPro Capital and a Japanese Fund apart from some HNIs. Read More
09/01/2019

Matrix Partners India closes third fund with over USD 300 million in commitments

Early-stage venture capital firm Matrix Partners India is closing of its third fund with committed capital of over USD 300 million.
09/01/2019

Ride-hailing platform Ola mulls investment in medicine delivery startup Myra

Cab-hailing platform Ola is in talks to invest in or acquire medicine delivery startup Myra Medicines
08/01/2019

Cloud kitchen InnerChef raises USD 6.5 million in pre-Series B funding round

Shared cloud kitchen platform InnerChef India Pvt Ltd has raised USD 6,5 million in a pre-Series B round led by Taizo Son’s Mistletoe Inc and Das Capital.
08/01/2019

In-Med gets INR 50 lakh grant

Pune-based startup In-Med Prognostics received a Biotechnology Ignition Grant of INR 50 lakh for a duration of 18 months from the Biotechnology Industry Research Assistance Council (BIRAC).
08/01/2019

Premji Foundation and Flipsters back Binny Bansal’s VC

021 Capital, an early-stage venture capital fund anchored by Flipkart cofounder Binny Bansal, has made the first close of about USD 32 million.
08/01/2019

YourNest to invest in edge computing & patent-led startups in 2019

Early-stage venture capital fund YourNest will invest in edge computing and patent-led startups in 2019.
07/01/2019

ZoloStays raises USD 30 million in Series B funding

ZoloStays Property Solutions, a co-living and home rental startup, has raised USD 30 million in a funding round led by existing investor Nexus Venture Partners also saw participation from IDFC Alternatives and Mirae Asset.
07/01/2019

Flipspaces raises USD 3.5 million from Carpediem Capital

Interior design & build startup, Flipspaces, has raised USD 3,5 million from Carpediem Capital, the fund will be deployed for enhancing technology and expanding its footprint in the market.
04/01/2019

Servify acquires iService

Mumbai-based device management platform Servify has acquired iService, a service and repair startup for smartphones and portable devices.
04/01/2019

Klassroom to raise USD 2 million

Edtech startup Fusion Klassroom Edutech Pvt Ltd plans to raise USD 2 million to further expand its operations.
04/01/2019

Manch secures funding from Stellaris Venture Partners, others

Manch, a regional language discussion platform, raised USD 700,000 in seed funding round from Stellaris Venture Partners and other investors.
04/01/2019

Sequoia, Aquila Capital lead Series C investment round in CarDekho

Jaipur-based Girnar Software Pvt Ltd, which owns auto portal CarDekho,com, has closed its Series C funding round, raised from a mix of existing and new investors, the round was led by Sequoia Capital’s global growth fund and European hedge fund Aquila Capital.
04/01/2019

Samunnati gets debt funding from Dutch development bank FMO

Chennai-based non-banking financial company Samunnati Financial Intermediation & Services Pvt Ltd has raised USD 5 million in debt funding from Dutch development bank FMO.
04/01/2019

Iron Pillar leads Series D funding round in drug firm Vyome

Specialty pharmaceutical company Vyome Therapeutics Inc has raised USD 22 million in a Series D round of funding led by new investor Iron Pillar.
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