Archive News

27/08/2018

Fincare raises around USD 13 million from existing investors True North, TA Associates and others

Fincare Business Services Ltd, the promoter of Fincare Small Finance Bank, has raised INR 95 crore through a rights issue from existing investors, including True North, TA Associates and Tata Opportunities Fund.
27/08/2018

EY executive invests in omnichannel fashion startup Modestreet

Noida-based Modestreet Internet Pvt Ltd, an online omnichannel fashion shopping and discovery platform, has raised an undisclosed sum of angel investment from Anshika Aggarwal.
24/08/2018

Car-sharing startup Revv raises USD 14 million led by Korean automaker Hyundai

Car-sharing startup Revv has secured about USD 14 million in a Series B funding round led by Hyundai Motor, South Korea’s largest automaker.
24/08/2018

CIIE’s Bharat Inclusion Initiative strikes maiden deal in fin-tech startup Kaleidofin

Bharat Inclusion Initiative, the seed fund set up by IIM Ahmedabad’s Centre for Innovation Incubation and Entrepreneurship (CIIE), has invested an undisclosed sum in financial technology platform Kaleidofin.
24/08/2018

Fin-tech fund Rainmatter invests in options trading platform Sensibull

Options trading platform Sensibull has raised about USD 357,000 from Rainmatter, a fin-tech fund and incubator managed by stock broking firm Zerodha.
24/08/2018

CBA Capital backs professional education firm Imarticus Learning

Imarticus Learning Pvt Ltd, a professional education platform, has raised USD 2 million in its Series B round from venture capital fund CBA Capital.
24/08/2018

Accel, angels invest in workplace discussion app Hush

Workplace discussion platform Hush has raised an undisclosed amount in a seed round of funding from venture capital firm Accel Partners, Sanjay Nadkarni, who co-founded baby products e-tailer BabyOye and a clutch of angel investors.
24/08/2018

IAN, LetsVenture angels back student housing platform University Living

Delhi-based University Living, an online global student housing marketplace, has raised an undisclosed sum in a pre-Series A round led by Indian Angel Network (IAN) and LetsVenture.
24/08/2018

Augmented reality startup HoloSuit gets funding from Singapore, India investors

HoloSui has raised an undisclosed sum of funding from three investors—Shabir Momin, Rohit Nanda, and Mohammed Sirajuddin.
24/08/2018

Info Edge invests in health-tech platform MedCords

Info Edge (India) Ltd has invested USD 377,071 in medical healthcare records platform MedCords.
24/08/2018

Colgate-Palmolive invests Series A capital in Bombay Shaving Company

Male grooming brand Bombay Shaving Company has raised an undisclosed amount in its Series A round of funding led by consumer goods major Colgate-Palmolive.
23/08/2018

Options trading firm Sensibull gets around INR 2 crore seed from Zerodha

Online stock broking startup Zerodha has invested around INR 2 crore as seed fund in Sensibull, a startup working in the options trading business.
23/08/2018

Car and bike pooling platform Quick Ride in Talks to Raise USD 4 million

Car and bike pooling platform Quick Ride is in talks to raise USD 4 million in a round led by Sequoia Capital.
23/08/2018

HK-based Asia Alternatives closes fourth India venture fund at around USD 16 million

Hong Kong-based Asia Alternatives has closed its fourth India venture fund at around USD 16 million.
23/08/2018

Colgate-Palmolive invests Series A capital in Bombay Shaving Company

Male grooming brand Bombay Shaving Company has raised an undisclosed amount in its Series A round of funding led by consumer goods major Colgate-Palmolive.
23/08/2018

Packaged food startup Sattviko raises fresh capital from angel investors

Rajasthan-based Rays Culinary Delights Pvt Ltd, which runs packaged food products startup Sattviko, has raised an undisclosed amount of funding from a bunch of angel investors.
22/08/2018

Flipkart acquires speech recognition startup Liv.ai

India’s largest online marketplace Flipkart has bought Liv,ai, an artificial intelligence (AI) start-up which has built a platform that converts speech to text in 10 Indian languages.
22/08/2018

Singapore IT refurbishment firm invests in recommerce platform InstaCash

Jaipur-based recommerce platform InstaCash has raised an undisclosed sum in fresh funding from Singapore-based CompAsia, an information technology refurbishment firm.
22/08/2018

Endiya Partners makes Series A investment in solar power solutions firm Cygni

Cygni Energy which primarily engaged in providing solar direct-current (DC) and micro-grid solutions has raised INR 45 crore from early-stage venture capital firm Endiya Partners and private-sector lender IndusInd Bank.
22/08/2018

Sequoia Capital raises sixth India VC fund

Sequoia Capital India has closed its sixth fund at USD 695 million to invest in early- and growth-stage companies in the country and Southeast Asia.
21/08/2018

Capital Float buys personal fin firm Walnut for USD 30 million

Fintech lender Capital Float has acquired personal finance management startup Walnut for USD 30 million in a cash-and-stock deal.
21/08/2018

Everstone-backed Crystal Crop acquires 4 brands from FMC, to widen portfolio

Crystal Crop Protection Ltd, a specialty chemicals company focused on crop protection, has acquired four brands from American chemicals major FMC Corp.
21/08/2018

AI focused Pi Ventures bags USD 6 million from UK’s CDC Group

Early stage venture fund Pi Ventures, which focuses on artificial intelligence and IoT start-ups, has raised USD 6 million from the UK government’s CDC Group Plc.
21/08/2018

Alteria Capital strikes fourth deal, invests in beverages startup RAW Pressery

Venture debt firm Alteria Capital has invested around USD 5 million in cold-pressed juices maker RAW Pressery.
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