Archive News


Work fulfilment platform Awign raises pre-Series B funding from Unitus, others

Awign Enterprises Pvt Ltd, which operates a work fulfilment platform focussed on gig workforce and last-mile delivery, has raised an undisclosed sum as part of a pre-Series B round of funding from existing backers such as Unitus Ventures, the Michael & Susan Dell Foundation (MSDF), and Eagle10 Ventures.

Fidelity invests in online beauty retailer Nykaa

Boston-based asset management firm Fidelity Investments Inc. has invested an undisclosed amount in beauty and fashion marketplace Nykaa through a secondary transaction.

Plum raises USD 4.1 Million from Surge, Tanglin Venture Partners, others

Employee insurance startup Plum, has raised USD 4.1 million in funding, led by Sequoia Capital India’s Surge and Tanglin Venture Partners. Existing investors including Incubate Fund, also participated in the funding round.

Faering Capital leads funding in beauty products e-tailer Plum

Pureplay Skin Sciences (India) Pvt. Ltd, which sells beauty and skincare products under the brand Plum, on Thursday said it has raised INR 110 crore in its Series B funding round led by mid-market private equity firm Faering Capital. Venture debt firm Trifecta Capital and existing investor Unilever Ventures also […]

Venture Catalysts leads funding in performing arts platform STAGE

Catchup Technologies Pvt Ltd, which operates hyperlocal over-the-top (OTT) platform STAGE, has raised INR 8.5 crore in a funding round led by startup incubator and accelerator Venture Catalysts. Other participants in this round include Aavishkaar partner Sushma Kaushik, co-founder Sachin Bhatia and others.

India Quotient leads pre-Series A funding in edtech firm Yellow Class

Ivypods Technology Pvt Ltd, which operates hobby-focussed education-technology startup Yellow Class, has raised USD 1.3 million in a pre-Series A funding led by early-stage investor India Quotient. Other participants in the round include Snapdeal founders Kunal Bahl and Rohit Bansal, Indifi founder Alok Mittal and others.

Lightbox Ventures leads Series A funding in bus aggregator Cityflo

App-based bus commute startup Cityflo has raised INR 57 crore in its Series A round of funding led by venture capital firm Lightbox Ventures. India Quotient and other existing angel investors of the company also participated in this round.

Tiger Global invests in India’s Unacademy at USD 2 billion valuation

Unacademy, an online learning platform in India, has raised an undisclosed amount from Tiger Global Management and Dragoneer Investment Group.

Venture Catalysts leads funding in insurance startup co-founded by former Motorola exec

Insurance-tech startup Ensuredit Technologies Pvt Ltd, has raised INR 2.5 crore in a pre-Series A funding led by startup incubator and accelerator Venture Catalysts.

Broadcast-focussed software firm Inntot raises funding from Unicorn India Ventures

Inntot Technologies Pvt Ltd, a firm focussed on digital media broadcast, has raised an undisclosed sum as part of a bridge funding round from existing investor Unicorn India Ventures.

Power Gummies raises bridge funding from Agility, DSG, Venture Catalysts

Aesthetic Nutrition Pvt Ltd, which markets and sells chewable dietary supplements under the Power Gummies brand name, has raised an undisclosed sum as part of a bridge funding from Agility Venture Partners, DSG Consumer Partners and startup incubator and accelerator Venture Catalysts.

Sequoia’s Surge, Info Edge lead Series A funding in logistics-tech platform Shipsy

Llama Logisol Pvt Ltd, which operates software-as-a-service logistics platform Shipsy, has raised USD 6 million in a Series A funding co-led by Surge, the accelerator programme of Sequoia Capital India and Info Edge (India) Ltd.

Embassy Group to invest INR 40 Crore in in-house startup Olive Residences

Embassy Group announced that it will be investing INR 40 crore in its in-house startup called Olive Residences, which is an asset-light business. This money will be invested over 12 months, with INR 40 lakh to be spent on an average per project, and the brand will expand to 100 […]

Accel Partners leads INR 27 Crore pre-Series A round in debt resolution startup Credgenics

New Delhi-based debt resolution startup Credgenics has raised INR 27 crore in a pre-Series A round led by Accel Partners, DMI Alternatives fund with participation from existing investors Titan Capital.

CARS24 joins unicorn club after raising USD 200 Million in latest round

CARS24 Services, an online marketplace for used cars, became the latest startup to join India’s unicorn club after raising USD 200 million in its latest series E fundraising round led DST Global. Existing investors Exor Seeds, London-based global investment firm Unbound, and New York-based Moore Strategic Ventures also participated in […]

Venture Catalysts leads funding in trading platform AlgoBulls

AlgoBulls Technologies Pvt Ltd, an algorithmic trading platform focussed on stock markets, has raised an undisclosed sum in a funding led by startup incubator and accelerator Venture Catalysts.

YourNest, growX lead funding in LightSpeedAI Labs

LightSpeedAI Labs Pvt Ltd, a photonics and computing startup, has raised an undisclosed funding led by early-stage investors YourNest Venture Capital and growX Ventures.

Spring Marketing Capital backs beauty products marketplace

Manash Lifestyle Pvt. Ltd, which operates beauty products and services marketplace, has raised USD 1 million in funding from Spring Marketing Capital.

9Unicorns leads seed funding in location intelligence platform GeoIQ

Quantduo Technologies Pvt Ltd, which operates consumer insights-focussed location intelligence platform GeoIQ, has raised INR 2.5 crore in a seed round of funding led by 9Unicorns. Other participants in this round include Inflection Point (IP) Ventures, Kayenne and others.

Cashfree raises USD 35.3 Million Series B investment led by Apis Growth Fund II

Bengaluru-based fintech startup Cashfree has raised USD 35.3 million as a part of its Series B investment led by the global financial services investor, Apis Growth Fund II. The funding also saw participation from existing investors Y Combinator and Smilegate.

Digital media tech startup NewsReach raises USD 150K in seed round

Ahmedabad-based digital media tech startup NewsReach, has raised USD 150,000 in its seed round funding led by JITO Angel Network. Other investors including CIIE Initiative startup Oasis, Omnivore VC’s Managing Partner Jinesh Shah and others.

Edtech startup Lancify raises USD 300K from Techstars, Under 25, others

Lancify, an edtech startup focused on new-age skills and SaaS tools, has announced an angel round of USD 300,000 with backing from Techstars, Under 25, former Babajob executive Vir Kashyap and others.

3Lines Venture Capital leads seed funding in AI-based risk manager SignalX

SignalX Pvt Ltd, an artificial intelligence (AI)-based risk management and compliance startup, has raised INR 6 crore in a seed funding round led by 3Lines Venture Capital. Other participants in this round include 9Unicorns and Hyderabad Angels.

Cloud Kitchen Startup Kitchens Centre Raises Funds From Bezos

Cloud kitchen startup Kitchens Centre has raised an undisclosed amount of funding in a Pre Series A round from early-stage venture capital firm Village Global which is backed by Mark Zuckerberg, Bill Gates, Jeff Bezos, and Eric Schmidt.