Archive News


Saudi mobility startup Telgani raises USD 6 Million in Series A funding

Telgani, a mobility startup based out of Saudi Arabia, has raised USD 6 Million in Series A funding led by Hala Auto and Elm Company. The funding will be used to expand the startup’s short-term car rental services across Saudi Arabia. It also aims to increase and offer more tech […]

Digital twin startup Intangles raises USD 10 Million in Series A round

Digital Twin solutions provider Intangles has raised USD 10 Million in a Series A round from Baring Equity Partners India. The startup will use the proceeds to serve a new customer pipeline, expand its global presence, and accelerate hiring to strengthen its product engineering, sales, and delivery teams.

Lightspeed India-Backed Scrut Automation Bags USD 7.5 Million Funding From MassMutual

Governance, risk, and compliance (GRC)-focused SaaS startup Scrut Automation has raised USD 7.5 Million in a strategic funding round. The round was led by MassMutual Investors. Endiya Partners and Lightspeed India Ventures are existing backers in the funding round. The SaaS startup plans to use the incoming capital for developing […]

Edtech Startup NxtWave Raises USD 33 Miliion To Offer Industrial Training Programs

Upskilling edtech startup NxtWave has raised USD 33 Miliion in a fresh funding round led by Greater Pacific Capital (GPC). Existing venture investor Orios Venture Partners also participated in the funding round. NxtWave plans to utilise the fund proceeds for product and content development, hire talent, and onboard more than […]

Mintoak Raises USD 20 Million In Series A Round

Fintech startup Mintoak Innovations Pvt. Ltd has raised USD 20 Million in a Series A funding round, led by PayPal Ventures. The round also saw participation from British International Investment, White Whale Venture Fund and existing investors HDFC Bank and Pravega Ventures. The Mumbai-based company plans on utilising the funding […]

AdmitKard Raises INR 50 Crore In Series A

College admissions startup AdmitKard has raised INR 50 Crore in Series A funding, led by global edtech investor firm GSV Ventures. Marquee angels including Cred’s Kunal Shah, direct-to-consumer unicorn Mamaearth’s Varun Alagh also participated in the round, along with a few existing angel investors. The startup will use the proceeds […]

NimbleS2P Gets Fresh Infusion From Inflection Point Ventures, Others

Software-as-a-Service (SaaS) firm NimbleS2P has secured pre-Series A funding of USD 483,383 led by Inflection Point Ventures, with participation from a clutch of micro-venture catalysts and angel investors. The Mumbai-based startup will deploy the fresh proceeds for product development, sales, marketing, and scaling up relations. Nimble S2P helps manufacturing and […]

Zoo Media Acquires D2C-Focused Marketing Startup The Starter Labs

Mumbai-based advertising company Zoo Media has acquired marketing startup The Starter Labs for an undisclosed amount. The acquisition will strengthen Zoo Media’s D2C capabilities and also will go along with its to-be-launched global growth strategy. The Starter Labs’ founders will join Zoo Media and work as managing partners.

Recruitment Firm GetWork Racks Up Fresh Funding

Recruitment platform GetWork has raised pre-Series A funding of USD 846,340 co-led by Samarthya Investment Advisors and Artha Venture Fund. The round also saw participation from NVS Wealth Managers and other angel investors including Pravin Agarwala (Betterplace), Shuchi Kothari (Health & Glow and DSP Group Family Office) and Saurabh Garg […]

FreshBus Secures Funding To Revolutionise Inter-City EV Bus Services In India

EV startup FreshBus has secured INR 26 Crore in seed funding from ixigo for launching premium inter-city electric bus services across India. It will start the bus services from Hyderabad and Bengaluru with 24 electric buses.

Sequoia-Backed Hippo Video Secures USD 8 Million Funding To Scale US Footprint, Expand Portfolio

Video-based software-as-a-service (SaaS) platform Hippo Video has raised USD 8 Million in a strategic funding round led by venture capital firm Dallas Venture Capital (DVC). The funding round also saw participation from other investors such as Alpha Wave Incubation, KAE Capital, and Exfinity Venture Partners. The capital will be deployed […]

Neobank Jupiter Acquires HRtech Startup sumHR To Boost Salary Account Offerings

Bengaluru-based neobank startup Jupiter has acquired HRtech startup sumHR. The acquisition has helped Jupiter to further magnify its bouquet of innovative banking solutions. Corporates can directly facilitate employees to open salary accounts through HR tools such as sumHR while leveraging low-cost HR tools with rich features

Infurnia Secures Funding From Clutch Of Angel Investors

Architecture and interior design software-as-a-service (SaaS) company, Infurnia Technologies has raised USD 1 Million in a funding round led by angel investors Yogesh Chaudhary (Jaipur Rugs) and Bhupinder Singh, (ex-Bentley Systems). The round also saw participation from Bollywood singer Jasleen Royal and Bunty Sajdeh (Cornerstone). The company aims to utilise […]

HireSure.Ai Raises Seed Funding

HRtech platform, has raised USD 2.5 Million in a seed funding round co-led by YCombinator and Binny Bansal’s Three State Capital. The round also saw participation from San Francisco-based Tribe Capital and Pioneer fund. The company plans to utilize the funding received towards product development, hiring talent and strengthening […]

EV-Focused Mufin Green Finance Raises Debt Round

Listed non-banking financial company (NBFC) Mufin Green Finance Ltd. has raised USD 7 Million in debt funding by way of green bonds from impact investment firm, Symbiotics Investments. The company plans to utilize the funding received towards strengthening its retail electric vehicle (EV) portfolio for two and three-wheelers across the […]

LoanKuber Secures Funding To Offer Customized Mortgage Loans To MSMEs

Sociallending Technologies and Holdings Pvt Ltd, which operates mortgage lending platform LoanKuber has secured USD 2 Million as part of its Series A capital raise led by existing investor Inflection Point Ventures. The round also saw participation from Accolade Holdings and LetsVenture, with angel investors including Prashant Tandon (1Mg), Pankaj […]

Accel-Backed Venwiz Raises USD 8.3 Million In Series A Round

Venwiz has raised USD 8.3 Million in a Series A funding round, led by Sanjay Nayar’s early-stage tech-focused venture capital company, Sorin Investments. The round also saw participation from existing investors Accel and Nexus Venture Partners along with new investors Jafco Asia, Riverwalk Holdings, Force Ventures, and angel investors like […]

PhonePe raises USD 100 Million more in ongoing round

Digital payments platform PhonePe has raised another USD 100 Million in primary capital from Ribbit Capital, Tiger Global, and TVS Capital Funds, at a pre-money valuation of $12 billion. With this second tranche, it has already raised USD 450 million within six weeks from leading investors. PhonePe plans to deploy […]

InsuranceDekho Raises USD 150 Million Funding From Goldman Sachs, TVS Capital Funds, Others

InsuranceDekho has raised USD 150 Million in a Series A funding round, which was a mix of equity and debt. The round also included USD 36.5 Million funding that it raised earlier. The equity round was led by Goldman Sachs Asset Management and TVS Capital Funds, and also saw participation […]

Supplytech Startup Prozo Raises USD 5.4 Million Led By Sixth Sense Ventures

Supplytech startup Prozo has raised USD 5.4 Million in a Pre-Series B round via a combination of equity and debt financing led by Sixth Sense Ventures. The round also saw participation from JAFCO Asia and other investors. The Gurgaon-headquartered startup will use the fresh funds to expand its client base, […]

Penta Esports Parent Gets Infusion From NCore Games

Newgen Gaming, which runs esports brand Penta Esports has secured USD 1 million from nCore Games in its maiden capital raise. The fresh funds will be deployed for hiring, product growth and expanding its geographical footprints. Newgen Gaming was founded by Anurag Khurana, Kiran Noojibail, Akshay Paul and Krishanu Ghosal […]

Kae Capital, Whiteboard, Others Back B2B Firm Onwo

Bengaluru-based business-to-business (B2B) platform Onwo has secured USD 1.6 Million in a seed funding round led by Kae Capital. The round also saw participation from Whiteboard Capital, 2 am VC, Kettleborough VC, Climber Capital and Point One Capital, among others. The fresh funds will be deployed for hiring and platform […]

Venture Catalysts, TSM, Others Back Education Financier Lorien

Education loan provider Lorien Finance has raised seed funding of USD 1.8 Million led by Venture Catalysts. The round also saw participation from TSM Ventures and a host of angel investors including Kunal Shah (Cred), Suhail Sameer (Ex-BharatPe), Aman Gupta and Sameer Mehta (boAt), among others. Founded by Nikhil Mudgal, […]

Matrix and Lightspeed invest in Stable Money

Fintech startup Stable Money has raised USD 4.5 Million in its Series A round led by Lightspeed and Matrix Partners. Stable Money intends to use the fresh funds to scale its operations, spread financial awareness, and other information technology related services.