Archive News

26/06/2018

InCred looks to invest INR 50 crore in Walnut

Nonbanking finance company InCred Finance is seeking to invest around INR 50 crore into Pune-based personal finance management startup Walnut.
26/06/2018

Accel Partners, IDG Ventures inject more capital into SigTuple Technologies

Medical-technology startup SigTuple Technologies Pvt Ltd has raised USD 19 million (around INR 129 crore) in a Series B funding round led by existing investors Accel Partners and IDG Venture.
26/06/2018

Equanimity Venture Fund backs fintech startup Sqrrl in pre-Series A round

Sqrrl Fintech Pvt Ltd, which owns and operates investment app Sqrrl, has raised USD 1 million in a pre-Series A round of funding from Equanimity Venture Fund.
26/06/2018

SoftBank Vision Fund leads USD 200 million investment in PolicyBazaar

ETechAces Marketing & Consulting Pvt Ltd, the operator of online insurance selling platform PolicyBazaar,com and lending marketplace PaisaBazaar,com, has raised USD 200 million (INR 1,360 crore) in a round led by SoftBank Vision Fund.
26/06/2018

Waste management firm Nepra raises Series B funding from Aavishkaar, Asha Impact

Nepra Resource Management Pvt Ltd, a waste management company that operates under the ‘Let’s Recycle’ brand, has raised INR 44 crore in its Series B round of funding.
25/06/2018

Aahaa Stores raises USD 2 million from UAE’s Calega

Aahaa Stores, an integrated procurement services provider for office supplies, raised USD 2 million (INR 14 crore) from UAE-based global investment group Calega.
25/06/2018

Sequoia, Accel back online two-wheeler rental firm Wickedride

Wickedride Adventure Services Pvt Ltd, which runs separate online motorbike and scooter rental platforms, has raised around INR 62 crore (around USD 9 million) in a fresh funding round led by venture capital firms Sequoia Capital,Accel Partners, the Ministry of Corporate Affairs, Raghunandan Gangappa.
22/06/2018

Online travel agency Cleartrip acquires Saudi Arabia’s Flyin

Online travel agency Cleartrip Pvt Ltd has acquired Saudi Arabian travel start-up Flyin for an undisclosed amount.
22/06/2018

Zomato in talks to raise USD 400 million in fresh funding at USD 2 billion valuation

Food-tech startup Zomato Media Pvt Ltd is in talks to raise USd 400 million, largely from existing investors Ant Financial and Temasek, at a valuation of as much as USD2 billion
22/06/2018

Sixth Sense Ventures bets on Rakesh Jhunjhunwala-backed sports nutrition firm

Fullife Healthcare Pvt Ltd, which sells sports nutrition supplements under the brand Fast & Up has raised around INR 10-15 crore from Sixth Sense.
22/06/2018

Swiggy gets unicorn tag as Naspers, DST lead investment in food delivery startup

online food delivery startup Swiggy has secured USD 210 million (around INR 1,400 crore) in a Series G investment round led by South African technology conglomerate Naspers and Yuri Milner-led DST Global
21/06/2018

Home decor startup Livspace in talks with Verlinvest, Ratan Tata’s fund to raise USD 50 million

Online home design start-up Livspace is in talks to raise USD 50 million from Verlinvest, Ratan Tata’s UC-RNT Fund, Bessemer Venture Partners ,Jungle Ventures and Square.
21/06/2018

Health app DocTalk set to raise USD 10 million

DocTalk, a mobile application for doctors and patients, is in advanced talks to raise USD 10 million from a clutch of investors led by venture capital firm Nexus Venture Partners
21/06/2018

Accel, Sequoia and others invest in trade finance firm Drip Capital

Mumbai-based trade finance firm Drip Capital has raised USD 15 million (around INR 102 crore) in a Series A funding round from venture capital firms Accel Partners, Sequoia India and California-based Wing VC.
21/06/2018

London investment firm leads funding round in beauty e-tailer Purplle

Mumbai-based Manash Lifestyle Pvt Ltd, which operates beauty products and services marketplace Purplle,com, has secured around INR 18 crore in a fresh funding round from Patrick Chong Fook Seng, founder of Luxasia Group, Singapore-headquartered omni-channel retailer of beauty products, and existing investor JSW Ventures.
20/06/2018

Belgian impact investor Incofin plans USD 80 million India-focused fund

Belgium-based impact investor Incofin Investment Management is planning a USD 80 million India-focused fund as it looks to expand its investments into food and agricultural sectors
20/06/2018

Menterra, Artha India invest in ed-tech startup Chrysalis

Chrysalis, an education services provider operated by EZ Vidya Pvt Ltd, has raised an undisclosed amount in fresh capital from Menterra Venture Advisors, a social impact-focused venture capital fund, and The Artha Initiative, an impact investment initiative associated with Switzerland-based Rianta Capital
20/06/2018

UAE-based Shorooq Investments, Latitude back product rental marketplace RentSher

RentSher, an online rental marketplace for electronics, medical equipment and items used at events, has raised close to USD 1 million in a fresh round led by Abu Dhabi-based venture capital firm Shorooq Investments and Dubai-based Latitude Consultants.
19/06/2018

IndiQube raises INR 100 crore from WestBridge Capital

Workspace solutions provider IndiQube has raised its Series A round of INR 100 crore from WestBridge Capital along with participation from Ashish Gupta.
19/06/2018

BigBasket in talks to acquire a majority stake in Kwik24

BigBasket is in talks to acquire a majority stake in smart vending machines startup Kwik24.
19/06/2018

Paytm buys Flipkart-backed Cube26, aims to boost customer experience

One97 Communications Ltd which owns payments app Paytm has acquired New Delhi-based technology start-up Cube26 with an undisclosed amount.
19/06/2018

Sesa Hair Oil in talks to raise up to USD 60 million from True North

Ban Labs Pvt Ltd, a maker of hair care products including the popular Sesa Hair Oil, is in advanced talks to raise as much as INR 400 crore from True North Capital.
19/06/2018

Tynor Orthotics raises USD 21 million from Lighthouse Funds, French Thuasne

Tynor Orthotics Pvt Ltd, a manufacturer and exporter of orthopedic and fracture aids, has raised Rs 143 crore from Lighthouse Funds and Thuasne.
19/06/2018

Data analytics startup Elucidata raises seed funding

Elucidata Corporation, an India- and US-based data science startup, has raised USD 1,700,000 in seed funding led by Hyperplane Venture Capital.
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