Archive News

28/10/2020

Venture Catalysts leads pre-Series A funding in B2B healthcare distribution firm Biddano

Biddano Pvt Ltd, a business-to-business healthcare product distribution platform, has raised INR 5 crore in a pre-Series A funding led by startup incubator and accelerator Venture Catalysts.
27/10/2020

Hubilo raises USD 4.5 million funding led by Lightspeed

Virtual events platform Hubilo has raised USD 4.5 million in a seed funding led by Lightspeed Venture Partners and a clutch of angel investors including Freshworks chief executive Girish Mathrubootham, former LinkedIn India CEO Nishant Rao and Slideshare cofounder Jonathan Boutelle.
27/10/2020

Origo raises INR 35 Crore debt from Northern Arc Capital, others

Agritech supply chain and trade finance firm Origo, has raised INR 35 crore debt from Northern Arc Capital and other investors.
27/10/2020

BASIC Home Loan raises USD 500,000 in seed round from Picus Capital

BASIC Home Loan, a Gurugram-based startup developing a platform for automating home loans for middle and low-income households in India, has raised a USD 500,000 Seed round from Picus Capital, a Germany-based early-stage technology investment firm.
27/10/2020

FMCG startup Svami raises INR 6.5 Crore in bridge round led by Mumbai Angels Network

Svami, a Mumbai-based FMCG startup that sells non-alcoholic aerated beverages, has raised INR 6.5 crore in a bridge round leading up to a Series A round. It was led by Mumbai Angels Network, with participation from current investors including Rukam Capital Trust, Niren Shah, Managing Director of Norwest Venture Partners; […]
26/10/2020

CredAble Raises INR 18.14 Crore From V’Ocean Investment & Others

Mumbai-based Supply chain financing startup CredAble has raised INR 18.14 Crore from V’Ocean Investment & others.
26/10/2020

Jumbotail Bags USD 10.5 Million From JumboFund, Heron Rock

Bengaluru-based online B2B marketplace for food and grocery, Jumbotail, has raised USD 10.5 Million in a funding round led by USA-based JumboFund1 with Canada-based Heron Rock AL Access Funds and its JUM Fund II also participated in this round. About 22 investors had participated in this round, including Nexus Ventures, […]
23/10/2020

Tencent leads USD 5.6 million round in audiobooks platform Pocket FM

Gurugram-based Pocket FM, which operates an eponymous vernacular audiobooks platform, has raised USD 5.61 million from Tencent Cloud Europe, along with venture capital firm Lightspeed India and media house BCCL.
23/10/2020

Medtech startup EzeRx raises INR 1.75 Crore in seed round from clutch of angel investors

EzeRx, the Kolkata-based medtech startup, has raised a seed round of INR 1.75 crore led by Odisha-based incubator KIIT-TBI. Other angel investors from US and India, including Sudip Row Chowdhury, Sri Krishna Chakravarty, Manoj Patra, and Shradha Sharma, also participated in the funding round.
23/10/2020

Anand Mahindra’s family office backs ed-tech firm Ahaguru

Online learning platform Ahaguru Education Technology Pvt. Ltd, has raised an undisclosed Series A funding round led by the family office of Anand Mahindra, chairman of Mahindra Group.
22/10/2020

Fintech startup Signzy raises USD 5.4 Million led by Arkam Ventures and Mastercard

Bengaluru-based ‘no code AI platform’ Signzy, has raised fresh round of USD 5.4 million from Arkam Ventures and Mastercard. Its existing investors Kalaari Capital and Stellaris Venture Partners also participated in the current round.
22/10/2020

Venture Catalysts’ 9Unicorns leads seed funding in TagZ Foods

Qans Consumer Products Pvt Ltd, which operates Generation Z-focussed snacks brand TagZ Foods, has raised an undisclosed sum in a seed funding led by 9Unicorns, the venture fund set up by startup incubator and accelerator Venture Catalysts. Other participants include Dailyhunt co-founder Umang Bedi, NetApp cloud business head Malhar Anaokar, […]
22/10/2020

A91 Partners-backed SUGAR Cosmetics gets debt funding from Stride Ventures

Make-up brand SUGAR Cosmetics, which is backed by venture capital firm A91 Partners, has raised USD 2 million in debt led by venture debt firm Stride Ventures.
22/10/2020

Supply chain automation platform Supplynote raises INR 4.4 crore in bridge funding

Supplynote, a supply chain automation platform operated by Adcount Technologies Pvt Ltd, has raised INR 4.4 crore in a bridge funding round led by the United States-based SOSV and Australia’s Artesian Ventures. Others that participated include existing investors such as SucSEED Ventures, CIO Angel Network, Venture Catalysts and angel backers […]
21/10/2020

Legaltech startup SoOLEGAL raises USD 4 Million from private investors, family offices

SoOLEGAL, a New Delhi-based online discovery platform that allows people to seek lawyers and law firms for counsel, has raised USD 4 million in a funding round led by private investors and family offices in India.
21/10/2020

Slintel raises USD 4.2 Million investment led by Accel Partners

Sales and marketing intelligence platform Slintel, has raised USD 4.2 million funding led by Accel Partners. The round saw participation from Sequoia Capital India and its existing investor, Stellaris Venture Partners.
21/10/2020

Medtech startup InnAccel raises USD 1.5 Million in pre-Series A round led by Mount Judi Ventures

Bengaluru-based medtech startup InnAccel Technologies Pvt Ltd has raised a pre-Series A funding of USD 1.5 million led by a venture capital fund Mount Judi Ventures.
21/10/2020

Sequoia, Flourish Ventures lead Series A funding for Bangladesh startup ShopUp

Shopfront Ltd, which operates Bangladesh-based business-to-business (B2B) commerce platform ShopUp, has raised USD 22.5 million in Series A funding. The round in the startup has been co-led by Sequoia Capital India and Flourish Ventures, an early-stage venture fund focussed on investing in startups that promote financial health and prosperity.
21/10/2020

Extra-curricular activities platform HobSpace raises seed round led by Artha Venture Fund

Mumbai-based HobSpace, has raised INR 1.6 crore in seed funding led by Artha Venture Fund (AVF), an early-stage micro-VC fund. Others that participated in this round include investment crowdfunding platform AngelList India, Bengaluru-based early-stage VC firm Upsparks and Icebreaker Tech LLP.
20/10/2020

SAIF Partners rebrands as Elevation Capital, closes USD 400 Million for new India fund

SAIF Partners, one of India’s leading venture capital firms, has rebranded itself as Elevation Capital to reflect its investment ethos and will continue to back founders at a very early stage. Elevation Capital has also closed its latest and seventh fund at USD 400 million.
20/10/2020

IIM Indore alumni launch fund to invest in early-stage startups

The alumni of IIM Indore, one of the leading management schools in the country, has started a venture fund called “Alumni Fund” to back early-stage startups. Alumni Fund has plans to invest in 10-12 startup over the next year.
20/10/2020

E-sports gaming platform GoodGamer raises USD 2.5 Million in seed round

Bengaluru-based daily fantasy sports and true Esports gaming app GoodGamer has raised USD 2.5 million in its seed funding round led by an undisclosed group of investors.
20/10/2020

Ekta Kapoor’s ALTBalaji invests in celebrity engagement platform Tring

ALTBalaji, a wholly-owned subsidiary of Balaji Telefilms Limited, has acquired 17.5 percent stake in the online celebrity digital engagement platform Tring for an undisclosed amount.
20/10/2020

Ultraviolette Automotive raises from GoFrugal Technologies as part of ongoing Series B round

Bengaluru-based startup Ultraviolette Automotive, has raised an undisclosed amount as part of its ongoing Series B round led by Kumar Vembu, CEO of GoFrugal Technologies.
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