Archive News

03/09/2021

Elevation Capital leads funding in product studio AppsForBharat

AppsForBharat, a product studio focused on building apps for spiritual and devotional needs, has raised USD 10 million in a Series A funding round led by Elevation Capital along with participation from existing investors Sequoia Capital India, BEENEXT, and Matrix Partners India.
02/09/2021

Invest-tech platform Dezerv raises USD 7 million in seed round from Elevation Capital, Matrix Partners

Dezerv, an expert investing tech platform, has raised USD 7 million in a seed funding round co-led by Elevation Capital and Matrix Partners India, with participation from investors such as Whiteboard Capital, Nath Ventures, and Blume Founders Fund.
02/09/2021

EV startup REVOS raises USD 4 Million Series A investment, aims to be ‘Android for EVs

Electric vehicle infrastructure startup Revos, has received USD 4 million from venture capital firms, US-based Union Square Ventures and Prime Venture Partners, as part of its Series A round. The startup aims to be an ‘Android for EVs’; it allows EV manufacturers to build smart mobility features on top of […]
02/09/2021

AI startup Peak secures USD 75 Million in Series C round led by SoftBank Vision Fund 2

UK-based artificial intelligence startup Peak, has raised USD 75 million in Series C round led by SoftBank Vision Fund 2, with participation from existing investors, including MMC Ventures, Oxx, Praetura Ventures, Arete, and Octopus Ventures.
02/09/2021

Voice AI company Vernacular.ai rebrands to Skit, secures Series B round of USD 23 million from WestBridge Capital

Skit formerly known as Vernacular.ai, has secured USD 23 million as part of its Series B funding, to fuel the next level of growth and product evolution. The investment was led by WestBridge Capital with participation from Kalaari Capital and Exfinity Ventures and others. Skit AI-based voice automation platform helps […]
02/09/2021

Codingal raises USD 1.2 million in seed funding round

Bangalore-based Codingal an online coding platform for K-12 kids, has raised USD 1.2 million in its seed funding round led by Y Combinator, Summer Capital, Day One Syndicate, and Rebright Partners.
02/09/2021

Kolkata-based fintech startup Altius Investech raises INR 6 crore in seed round

Altius Investech, a Kolkata-based fintech startup, has raised INR 6 crore from close associates, professionals and marquee investors at INR 51 crore valuation. Altius is a platform for investing in pre-IPO & private equity, enables investments into pre-IPO companies and tech unicorns looking to go public.
02/09/2021

Peppermint gets INR 5 crore funding from Venture Catalysts, others

Peppermint, an industrial robotics startup, has raised INR 5 crore in a funding round led by Venture Catalysts and Indian Angel Network along with the participation of Vinners Group and a clutch of angels led by Castrol India’s former CEO Naveen Kumar Kshatriya.
02/09/2021

Neobank moneyHOP raises USD 1.25 milion in Seed round led by UK-based investors

moneyHOP, a UK-based company with an Indian subsidiary that provides seamless and cost-effective payments and remittance solutions, has raised USD 1.25 million in a seed round from UK-based investors.
01/09/2021

Saving and investment app Jar raises USD 4.5 Million from Tribe Capital, Arkam Ventures and others

Jar, a three-month-old Bangalore-based saving and investment app, has raised a funding of USD 4.5 million as part of its Pre-Series A round, led by Tribe Capital, Arkam Ventures and WEH Ventures. It allows users to save money by taking spare change from online transactions and automatically investing it in […]
01/09/2021

Fintech startup Skeps raises USD 9.5 Million Series A investment led by Bertelsmann India

Skeps, a global Point-Of-Sale financial technology company has raised $9.5 million in Series A funding led by Bertelsmann India Investments. Existing investor Accel also participated in this round. Skeps is a cloud-based modular platform, used by merchants and lenders to help identify the potential credit solutions for their customers with […]
01/09/2021

Rattle raises USD2.8 Million from Lightspeed and Sequoia Capital India

BizOps Automation and Orchestration startup Rattle, has raised USD 2.8 million in seed funding led by Lightspeed Venture Partners and Sequoia Capital India. Rattle enables sales and marketing professionals to leverage systems like Salesforce to a whole new level without losing context.
01/09/2021

GlobalBees Acquires Sustainable Home Care Brand The Better Home

GlobalBees, a Thrasio-style venture, has acquired sustainable home care products company The Better Home. This is the company’s first acquisition. GlobalBees acquired 100% stake in The Better Home and as part of the deal, its 15-member core team will join GlobalBees.
01/09/2021

Rural India Focused Supply Chain Startup 1Bridge Raises Funds Led By C4D Partners

Bengaluru-based 1Bridge, a last-mile supply chain and distribution network with a focus on rural India, has raised USD 2.5 Million in a pre-series A round led by Netherlands-based C4D Partners and angel investor Prashanth Boccasam. 1Bridge is a village commerce platform that provides products and digital services at the doorsteps […]
01/09/2021

Soothe Healthcare raises Rs 100 crore led by Gulf Islamic Investments, Incred

Personal hygiene company Soothe Healthcare, maker of Paree sanitary pads and Super Cute’s baby diapers, has raised INR 100 crore in an extended Series C round led by Gulf Islamic Investments (GII), Northern Arc & KKR-backed Incred.The latest transaction included a secondary component that saw its existing backer Sixth Sense […]
01/09/2021

Matrix Partners leads Series A funding in OTO Capital

OTO Capital, which provides financing option for two-wheeler buyers, has raised USD 6 million as part of its Series A funding round led by Matrix Partners India. Existing and new investors such as Prime Venture Partners, 9Unicorns, and Better Capital also participated in the funding round.
31/08/2021

Studio Sirah raises USD 830K for India-first mobile games

Studio Sirah, a Bengaluru-based studio that makes mid-core India-first games, has raised seed investment of USD 830,000 led by Lumikai an Indian gaming-focused venture capital fund. The round also saw participation from a group of strategic angels, including Akshat Rathee, Founder of Nodwin Games, Alexis Bonte, COO of Stillfront Games […]
31/08/2021

D2C Sports Brand Elevar Raises INR 19 Crore Led By Kalaari Capital

D2C sports brand Elevar, has raised INR 19 Crore in series A round led by venture capital firm Kalaari Capital with participation from Dream Capital of Dream Sports. Elevar is a direct-to-consumer sports brand that currently has two core product categories, Athletic Performance Footwear, and Cricket bats.
31/08/2021

B2B SaaS startup Factors.AI raises USD 2 Million co-led by Elevation Partners, Emergent Ventures

Factors.ai, a next-generation augmented marketing analytics platform, has raised USD 2 million in seed funding co-led by Elevation Partners and Emergent Ventures. The round also saw participation from a few angel investors. Factors.AI mines customer data for insights through its proprietary AI engine, resulting in better campaign decisions and amplified […]
31/08/2021

Fintech startup Karbon Card raises capital from Y Combinator

Karbon Card, a fintech company providing corporate cards to Indian start-ups, has raised an undisclosed sum in growth capital from accelerator Y Combinator.
31/08/2021

Extracurricular Learning Platform Spark Studio Gets Funding From Y Combinator

Bengaluru-based extracurricular learning startup, Spark Studio has secured an investment from Y Combinator as part of the latter’s S21 batch. Spark Studio has over 15 courses across music, communications, and visual arts. Parents enroll their kids in courses such as debate, storytelling, photography, stop motion animation, guitar and keyboard.
30/08/2021

Indiagold gets USD 12 million funding from PayU, others as gold loans surge

Indiagold a gold-focused digital alternative credit platform, has raised USD 12 million in fresh funding led by PayU, the payments, and fintech business of Prosus, and Alpha Wave Incubation Fund. Better Tomorrow Ventures, 3one4 Capital, RainmatterCapital, and existing investor, Leo Capital will also participate in the round.
27/08/2021

B2Brain Raises USD 1 Million In Seed From Ideaspring Capital And Arka Venture Labs

B2Brain, an early-stage B2B SaaS company empowers sales teams with contextual intelligence on their target accounts, has raised USD 1 million in its seed from Ideaspring Capital and Arka Venture Labs.
27/08/2021

Game development startup SuperGaming raises USD 5.5 Million in Series A round

Homegrown game development company SuperGaming, has raised USD 5.5 Million in Series A funding from Skycatcher, AET Fund, BAce Capital, Dream Incubator, 1Up Ventures, and Monish Darda. SuperGaming is a multiplayer or social gaming experience where individuals can compete with their friends or team up for various casual, social and […]
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