Archive News

22/01/2018

Goomo buys B2B vehicle rental site WagonBee

In a move that is expected to significantly expand its product portfolio, Goomo, an omni-channel travel tech firm, has acquired WagonBee, a B2B vehicle rental marketplace.
19/01/2018

ICICI Ventures to invest $15.6 million in Sequoia-backed Go Fashion

Domestic private equity fund ICICI Venture is set to invest INR 100 crore in Chennai-based Go Fashion India Pvt Ltd for a minority stake.
19/01/2018

Social networking platform ShareChat gets $18.2 mn in Xiaomi-led Series B round

Vernacular social networking platform ShareChat has raised INR 116 crore in a Series B funding round led by Chinese smartphone manufacturer Xiaomi.
19/01/2018

Prime Venture Partners backs security management app myGate

myGate, a mobile-based security management solution for gated premises, has raised INR 16 crore in its first round of external funding led by Prime Venture Partners.
19/01/2018

IoT startup engaged in smart water management Faclon raises seed funding

Mumbai-based internet-of-things (IoT) startup Faclon Labs Pvt Ltd has raised an undisclosed amount in a seed round to fund its product development and commercialisation efforts led by Vish Sathappan, director at Brand Capital, Bennett, Coleman and Co Ltd (BCCL), and Sameer Sainani, director, response, BCCL.
18/01/2018

ERC Eye Care raises $1 million from Ankur Capital, Ennovent, others

ERC Eye Care (ERC), which provides eye care solutions to low-income persons in Northeast India, has raised $1 million from a consortium of five investors led by existing investors Ankur Capital and Ennovent.
18/01/2018

Trading platform STREAK raises seed funding from Rainmatter

Algorithm-based trading platform STREAK has raised $352,000 seed funding from Rainmatter, incubator and fund of broking firm Zerodha.
18/01/2018

Ed-tech startup CollPoll bags pre-Series A funding

Bangalore-headquartered Butterfly Innovations Pvt Ltd, the operator of ed-tech startup CollPoll which runs a communication and collaboration platform for educational institutes, has raised an undisclosed amount of funding in a pre-Series A round led by Manipal Global Education Services (MaGE).
18/01/2018

E-commerce enabler Kartrocket raises flat funding round

Delhi-based BigFoot Retail Solutions Pvt Ltd, which operates e-commerce enabler KartRocket, has raised $4,100,000 in a fresh round of funding from existing investors led by Bertelsmann India Investments.
17/01/2018

Indian PE True North floats AI, analytics-focused unit, commits $10 million investment

Indian private equity (PE) firm True North has launched a subsidiary called Actify Data Labs to offer services in analytics, algorithms and artificial intelligence (3A) and has committed an initial investment of $10 million for the venture.
17/01/2018

Former Cisco chairman John Chambers floats VC firm JC2 Ventures

John Chambers, the former executive chairman of networking giant Cisco and chairman of the US-India Strategic Partnership Forum, has launched his new venture capital fund JC2 Ventures.
17/01/2018

ADB commits up to $50 million to Indian PE major True North’s new fund

The Asian Development Bank (ADB) is making an equity investment of up to $50 million in the latest fund of one of India’s oldest private equity players True North, formerly known as India Value Fund.
16/01/2018

Edtech startup Rubix108 Technologies raises $1 Million Pre-Series A funding

Pune-based edtech startup Rubix108 Technologies has secured $1 Million Pre-Series A funding led by Polaris Fund.
16/01/2018

Razorpay raises $20 million in Series B round from Tiger Global, others

Bengaluru-based online payment gateway startup Razorpay Software Pvt Ltd has raised $20 million (INR 127 crore) in its Series B round of funding led by existing investors Tiger Global and Y Combinator.
16/01/2018

Bhavin Turakhia-promoted Zeta puts funds in PeopleStrong HR Services

Digital payments and meal vouchers company Zeta, which is promoted by Bhavin Turakhia, has invested an undisclosed sum in Gurugram-based PeopleStrong HR Services for a minority stake.
16/01/2018

SIDBI’S VC arm invests in serviced offices platform CorporatEdge

Gurgaon-based CorporatEdge, a platform that provides serviced office infrastructure, has raised an undisclosed sum from SIDBI India Opportunities Fund, the venture investment arm of Small Industries Development Bank of India (SIDBI).
16/01/2018

pi Ventures marks second close of debut fund at $25 million

Early-stage venture capital firm pi Ventures has marked the second close of its debut fund at $25 million (INR 160 crore) from Hero Enterprise chairman Sunil Kant Munjal, Hero Electronix’s corporate financing arm and Canbank Venture-backed Electronic Development Fund.
15/01/2018

Rivigo raises Series D funding at over $900 million valuation

Gurgaon-based tech-enabled logistics services provider Rivigo Services Pvt Ltd has raised $50 million in a Series D round led by company’s existing institutional investors, SAIF Partners and Warburg Pincus at a valuation of $900 Million.
15/01/2018

Algorithmic trading platform Kuants raises $78.6K angel investment

Kuants, an algorithmic trading platform, has raised $78,600 from Delhi-based angel investors Pankaj Chopra and Ankush Gupta.
15/01/2018

ToneTag gets $1.3 Million funding from Tropical Star

Mobile payments solutions startup ToneTag has raised $1,300,000 in funding from Tropical Star Ltd.
15/01/2018

Workflexi.in raises $157k seed funding

Workflexi, an online marketplace for contract workers, has raised INR 1 crore ($157,300) in a seed round led by Kamalraj Chandrasekaran, founder and executive director of Kamalraj Hospitality Concepts India Pvt Ltd.
15/01/2018

RealPro realty raises $3.4 Million from HT Media

HT Media Ltd is investing up to $3,440,000 in luxury real estate brokerage firm RealPro Realty Solutions Pvt Ltd.
16/06/2017

Fintech startup Fincash raises $100K from angel investors

Mumbai-based personal finance startup Fincash, run by Shepard Technologies Pvt Ltd, has raised $100,000 (INR 64 lakh) in its first round of funding from Mohammed Khan, founder of Rediffusion and Sameer Narayan, former fund manager at BNP Paribas.
16/06/2017

M-commerce app Goodbox raises funds from Nexus, Mekin Maheshwari

Goodbox, an app that offers small and medium-sized businesses an e-commerce platform, has raised about $1 million in a fresh funding round led by existing investor Nexus Venture Partners.
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