Archive News

25/08/2021

Tinder cofounders, SoftBank Vision Fund CEO, others invest in Hike

Hike, which pivoted from instant messaging earlier this year has raised new funds as it continues to bet on social, gaming, and crypto. The round was led by Tinder co-founders Justin Mateen and Sean Rad and joined by Rajeev Misra, Arjun Sethi, Bhavin Turakhia, Binny Bansal, Kunal Shah, Kunal Bahl, […]
25/08/2021

Accel leads Series A funding in diabetes management platform Breathe Well-being

Accel has led a INR 40 Crore Series A funding round in Breathe Well-being, a Gurugram-headquartered health-tech startup for diabetes management. The round saw participation from marquee investors including General Catalyst and global managing director at Tiger Global, Scott Shleifer.
24/08/2021

QuEST Global sells minority stake to ChrysCapital, True North, others

Homegrown private equity players ChrysCapital and True North Managers LLP as well as others have purchased a minority stake in Singapore-based engineering solutions and lifecycle services company QuEST Global for around USD 150 million. Existing investors Bain Capital, Advent, and GIC continue to remain invested
24/08/2021

Venture debt investor InnoVen Capital bets on silk agritech startup Reshamandi

Venture debt company InnoVen Capital has invested an undisclosed amount in an agritech startup called Reshamandi. Company plans to use the funds to expand to the northern states of India and setting up its operations in Delhi.
24/08/2021

Alcohol beverage startup O’ Be Cocktails raises INR 3.5 Cr

Alcoholic beverages startup O’ Be Cocktails that sells cocktail has raised INR 3.5 crore in an angel round led by First Cheque, Letsventure, Ola’s Bhavish Aggarwal and Ankit Bhati, Tracxn founder Abhishek Goyal, and Sprout Investments
24/08/2021

Vedantu Expected To Enter Unicorn Club With Potential USD 100 Million Funding

Bengaluru-based online tutoring startup Vedantu is in advanced talks to raise USD 100 Million which would make it the fifth Indian edtech unicorn. Approx USD 60 Million will be contributed by existing investors Coatue Management, GGV Capital, and Tiger Global and an Asian private equity fund is expected to invest […]
23/08/2021

Bengaluru-based Blowhorn raises undisclosed funding to support its network expansion plans

Blowhorn, a last-mile logistics provider has raised an undisclosed amount in a financing round from Symphony International Holdings. The round also saw participation from existing investors Chiratae Ventures, Draper Associates, and Michael and Susan Dell Foundation
23/08/2021

LoanKuber Raises As Part Of Pre-Series A Round by LetsVenture and others

LoanKuber, a digital mortgage platform focused on micro, small and medium enterprises (MSMEs), has raised USD 1.25 million as part of its ongoing pre-Series A round from LetsVenture, AngelList India and Accolade. The fresh capital will be used to hire talent and enhance tech stack.
23/08/2021

Zetwerk turns unicorn with Series E funding led by D1 Capital

B2B manufacturing services marketplace Zetwerk has raised around USD 120 million as part of its Series E funding round, catapulting it into the coveted unicorn club. The funding was led by global investment firm D1 Capital and include new investors Avenir Growth and existing investors Greenoaks, Lightspeed, Sequoia, and Accel
23/08/2021

SoftBank-backed OYO valued at USD 9.6 Billion as Microsoft invests USD 5 Million

Microsoft Corporation has invested nearly INR 37 crore in Ahmedabad-based Oravel Stays which owns and operates budget hospitality chain OYO. The company is now valued at USD 9.6 billion
20/08/2021

Eduvanz bags INR 100 crore in funding led by Juvo, Sequoia Capital and others

Education loan provider Eduvanz, has raised INR 100 crore in a Series B funding round led by Juvo Ventures, Sequoia Capital India, and Unitus Ventures among others. The startup plans to use the funds raised to launch new products and for expansion.
20/08/2021

Alpha Wave Incubation leads USD 21 million Series A funding in AgNext

Agritech startup AgNext, which provides AI solutions for enabling agricultural trade, has raised USD 21 million to expand into international markets like the Middle East, Europe and South Asia. The Series A round was led by Alpha Wave Incubation (AWI), with participation from existing investors Omnivore and Kalaari Capital.
20/08/2021

Gyde Raises USD 250K Seed Funding Round

Gyde, a Pune based startup, has raised USD 250,000 in a seed funding round from Better Capital and Ashish Achrekar, the chief executive of an analytics company. Gyde provides AI based “guide” tools to educate software application users for better onboarding, adoption, and engagement.
20/08/2021

JobTech firm Hiration raises nearly USD 3 million from Prime Venture Partners, others

AI-powered resume-building platform Hiration, has raised around USD 3 Million in seed funding from Prime Venture Partners, Venture Highway, and Y Combinator, among others, to support further hiring and growth.
20/08/2021

BatteryPool Raises Funds From IAN And Others

Pune-based BatteryPool, which offers battery charging solutions for EV fleets and commercial vehicles, has raised an undisclosed amount of growth capital as part of its Seed funding round. The round was led by IAN and Pune-based Venture Center under the NIDHI-Seed Support Scheme and saw participation from lead investors including […]
20/08/2021

Xpresslane raises INR 3 Crore in pre-seed round

Xpresslane, the Bengaluru-based tech startup with a focus on online checkout transactions, has raised INR 3 crore in pre-seed round of funding from Point One Capital, Yatra Angel Network, Opus Consulting, and Manipal Technologies.
19/08/2021

Probus Smart Things raises USD 500K in funding led by Unicorn India Ventures

Data analytics startup Probus Smart Things, has raised USD 500,000 in a bridge round led by Unicorn India Ventures. The round also saw participation from prominent angels like Anuj Khanna of Trimaster, Kiran Alla, Theia Ventures, Devdutt Shah, Kuntesh Chandaria, Urmin Group and Anmol Rastogi.
19/08/2021

Hashnode Raises USD 6.7 Million in Series A Funding

Hashnode, a blogging platform built for and dedicated to the global software development community, has raised USD 6.7 million in a Series A round. The round was led by Salesforce Ventures, with participation from Sierra Ventures, Sequoia Capital India’s Surge and Accel Partners.
19/08/2021

Postman closes USD 225 million Series D round at USD 5.6 billion valuation

Postman, which operates a collaborative platform for developers to help them build, design, test and iterate their APIs, has secured USD 225 million in a Series D round, placing its valuation at USD 5.6 billion. The round was led by existing investor Insight Partners, and joined by new investors Coatue, […]
19/08/2021

goEgoNetwork raises USD 2 Million in seed round

Electric vehicle charging solutions startup goEgoNetwork, has raised USD 2 million in seed funding from Rishi Bagla, Chairman of Bagla Group, and Olivier Guillaumond, Head of Global Innovation Labs and Fintech at ING Bank.
19/08/2021

Smallcase raises USD 40 million from Amazon, others

Fintech startup smallcase Technologies has raised USD 40 million in series C round led by Faering Capital with participation from Amazon and billionaire Azim Premji’s Premji Invest. Existing investors Sequoia Capital, Blume Ventures, Beenext, DSP Group, Arkam Ventures, WEH Ventures and HDFC Bank also participated in the new round.
19/08/2021

DrinkPrime Raises INR 8 Crore From UCIC and WesternCap

DrinkPrime, the startup claims to be on a mission to make safe drinking water accessible and affordable to everyone, has raised INR 8 crore as part of its debt fundraising. DrinkPrime has raised INR 5 crore from the impact-focused lender, UC Inclusive Credit, and INR 3 crore from the non-banking […]
18/08/2021

Logistics Startup Smart Express Bags INR 100 Crore From IIFL

Mumbai-headquartered Indian logistics start-up Smart Express has raised a seed round worth INR 100 Crore led by IIFL India Private Equity Fund and Smiti Holding & Trading Company (Jalaj Dani family office). Smart Express will utilise the fund for team building and creating pick-up and delivery and transit hub infrastructure.
18/08/2021

Healthtech startup Ultrahuman raises USD 17.5 million from Falcon Edge, Steadview, others

Ultrahuman, a healthtech startup which helps users measure their metabolic fitness through a wearable device, has raised USD 17.5 million from Alpha Wave Incubation, Steadview Capital, and existing backers Nexus Venture Partners, Blume Ventures and Utsav Somani’s iSeed fund. Ultrahuman.
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