Archive News

14/12/2018

US-based impact investor backs recruitment startup FeedMyPockets

Bengaluru-based on-demand staffing platform FeedMyPockets has raised seed funding of USD 625,000 from an undisclosed impact investor based in South Florida, US.
13/12/2018

LambdaTest gets USD 1 million in Pre-Series A funding

LambdaTest, a cloudbased testing platform, has a pre-series A funding of USD 1 million from Leo Capital, a venture capital firm.
13/12/2018

Prime Venture backs Foodybuddy’s pre-Series A funding round

Foodybuddy, a home-cooked food distribution network, raised INR 6 crore from Prime Venture Partners in Pre-Series A funding round.
13/12/2018

Auctus leads USD 3.5 million funding in Pimcore

Pimcore, an open-source platform for data and customer experience management, has closed USD 3,500,000  in a Series A funding round led by German investor Auctus Capital.
13/12/2018

Lead Angels, Eagle10, Contrarian Drishti lead funding in SaaS firm Zestl

Pune-based Zestl Software Pvt Ltd, which operates an enterprise SaaS (software-as-a-service) platform for automated workflows, has raised an undisclosed amount in a pre-Series A round The round was jointly led by Mumbai-based Lead Angels Network, Eagle10 Ventures and Contrarian Vriddhi Fund.
13/12/2018

Accel, Syngenta invest in B2B marketplace Ninjacart’s Series B round

Bengaluru-based 63Ideas Infolabs Pvt Ltd, which runs business-to-business agri-marketing platform Ninjacart, has raised INR 250 crore in a Series B funding round led by US-based Accel and Switzerland-based agri investor Syngenta Ventures.
12/12/2018

China’s Fosun, others back online loan facilitator PerkFinance

Bengaluru-based online platform PerkFinance, which facilitates loans through its lending partners to blue-collar workers, has raised USD 900,000 in a seed round from China’s Fosun RZ Capital and angel investors Eric Bunting, Krishna Vinjamuri and Karan Virwani.
12/12/2018

Sequoia Capital invests USD 9 million in mattress maker Wakefit

Mattress maker Wakefit Innovations Pvt Ltd has raised INR 65 crore in a Series A round of funding from venture capital firm Sequoia Capital
12/12/2018

Tiger Global’s India hiatus ends, jointly leads investment in social platform Roposo

Roposo, a social platform for sharing photos and videos, has raised USD 10 million in its latest round of funding led by existing investors Tiger Global Management and Bertelsmann India Investments (BII)
11/12/2018

Kae Capital, Tekton invest in Freightwalla

Digital freight logistics startup Freightwalla has raised an undisclosed amount in its seed round from early stage venture capital firm Kae Capital and US-based Tekton Ventures.
11/12/2018

Hero Electric raises USD 22 million from Alpha Capital in maiden funding round

Electric scooter maker Hero Electric has raised INR 160 crore from Mumbai-based Alpha Capital to build its second factory, develop new products and expand dealer network on hopes that local demand for its eco-friendly products will nearly double in the next few years
11/12/2018

Vehicle marketplace MYNEWCAR secures bridge round from HNIs

Multi-brand car marketplace MYNEWCAR has raised USD 1 million in a bridge funding round from high net worth individuals
11/12/2018

Faering Capital invests in auto finance firm WheelsEMI’s Series B round

WheelsEMI Pvt Ltd, a non-banking financial company (NBFC) which provides financing for pre-owned two-wheelers, has raised INR 100 crore in a Series B round of funding led by mid-market private equity firm Faering Capital.
11/12/2018

Japan’s Nichirei Corp leads Series D investment in meat ordering platform Licious

Delightful Gourmet Pvt Ltd, the Bengaluru-based startup that owns online meat and fish ordering platform Licious, has raised USD 25 million in a Series D funding round led by Japanese conglomerate Nichirei Corporation.
11/12/2018

Nuveen puts INR 232 crore in impact investment asset manager Aavishkaar

Nuveen, the investment management arm of diversified financial services giant Teachers Insurance and Annuity Association (TIAA), has invested about USD 32 million (INR 232 crore) in domestic impact investment asset manager Aavishkaar-IntelleCap Group.
11/12/2018

Unilever’s VC arm backs skincare brand Plum

Pureplay Skin Sciences (India) Pvt Ltd, which sells beauty and skincare products under the brand Plum, has raised an undisclosed amount in Series A funding from Unilever Ventures, the venture capital arm of consumer goods giant Unilever.
11/12/2018

Test prep firm FIITJEE invests in ed-tech startup PlanetSpark

PlanetSpark, a Gurugram based gamified learning solutions startup, has raised INR 1,6 crore from FIITJEE Ltd, the test preparation company backed by Matrix Partners India.
10/12/2018

PremjiInvest leads USD 103-mn investment in US software firm

PremjiInvest, the family office of Wipro Ltd chairman Azim Premji, has led an investment of USD 103 million in US-based business intelligence software firm Looker Data Sciences Inc.
10/12/2018

Existing backers may pour more money in fantasy sport platform HalaPlay

Mumbai-based fantasy sports startup Halaplay Technologies Pvt Ltd is in line to secure USD 5 million in a Series A funding round.
10/12/2018

IP Ventures backs Tabono Sports

Gurugram-based sport consultant and organiser Tabono Sports and Events Pvt Ltd has raised an undisclosed amount in a pre-Series A round of funding from early- to mid-stage venture firm Inflection Point Ventures.
10/12/2018

Venture Catalysts leads seed round in car financing startup OTO Capital

Mumbai-based OTO Capital, an automotive fintech venture, has raised Rs 5 crore in its seed funding round led by incubation platform Venture Catalysts.
07/12/2018

LearnApp raises INR 2 crore from Zerodha

Digital stock broking platform Zerodha has invested INR 2 crore in education portal LearnApp through its incubator and investment fund Rainmatter.
07/12/2018

InnoVen Capital offers venture debt to online classifieds firm Quikr

Bengaluru-based online classifieds platform Quikr India Pvt Ltd has raised USD 8 million in venture debt from InnoVen Capital.
07/12/2018

Info Edge, others invest in B2B e-commerce platform ShopKirana

Indore-based Shop Kirana E Trading Pvt Ltd, which runs business-to-business platform ShopKirana, has raised USD 2 million from Info Edge.
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