Archive News

07/03/2018

Aegon invests in online insurance aggregator Coverfox.

Coverfox’s parent, Glitterbug Technologies Pvt Ltd, has raised INR 49 crore from Dutch insurance, pension and asset management firm Aegon NV.
07/03/2018

VC firm Matrix Partners backs chatbot developer Anaek.

Delhi-based chatbot developer Anaek Soft Pvt Ltd has raised seed funding from venture capital firm Matrix Partners India.
06/03/2018

Venture debt firm Trifecta Capital backs agri-marketing startup Ninjacart

Bengaluru-based 63Ideas Infolabs Pvt Ltd, which runs business-to-business agri-marketing platform Ninjacart, has raised about INR 7 crore from venture debt firm Trifecta Capital.
06/03/2018

Finova Capital raises USD 6 million from existing investor Sequoia

Jaipur-based non-banking financial company Finova Capital Pvt Ltd has raised USD 6 million from its existing investor Sequoia Capital for expansion.
06/03/2018

Nexus Venture Partners backs health-tech startup LiveHealth

Pune-based health-tech startup LiveHealth, which operates a cloud-based platform for managing medical reports, has raised INR 7 crore in its seed round of funding from Nexus Venture Partners.
06/03/2018

Hotel Property Management System Hotelogix Raises USD 5 Million Funding Led By Vertex Ventures

Hotelogix, a cloud-based hotel property management system (PMS), has raised USD 5 Million in a funding round led by Vertex Ventures, with the participation of Accel Partners and Saama Capital.
05/03/2018

Existing investors infuse fresh funds into Urban Ladder

Bangalore-based online furniture store Urban Ladder has raised ~USD 12 million in a fresh round of funding from existing investors including Kalaari Capital, Sequoia Capital, Steadview Capital and SAIF Partners
05/03/2018

Unitus Seed Fund invests in health-tech startup Predible

Predible Health Pvt Ltd, a startup that builds AI-powered apps that interpret medical scans for radiologists diagnosing cancer, has raised money through its first round from Unitus Seed Fund, a seed-stage impact venture player.
05/03/2018

Education Catalyst Fund invests more in ed-tech startup Buddy4Study

Ed-tech startup Buddy4Study has raised $3 million (Rs 20 crore) in Series A funding from existing investor CBA Capital, which is backed by the Michael and Susan Dell Foundation (MSDF)
05/03/2018

Online jeweller Bluestone raises close to USD 6 million

Online jewellery retailer Bluestone has raised close to USD 6 million from its existing investors Accel, RB Investments, Kaalari Capital.
05/03/2018

Goldman Sachs, UC-RNT lead USD 51 million funding in online home rental startup NestAway

Bengaluru-based online home rental startup NestAway Technologies Pvt Ltd has raised USD 51 million in a Series D round of funding led by Goldman Sachs and UC-RNT Fund, existing investors IDG Ventures and Tiger Global also participated in the round
05/03/2018

Bessemer, Orios lead Series C investment round in PharmEasy

Mumbai-headquartered 91 Streets Media Pvt Ltd, which operates online drug delivery platform PharmEasy, raised an undisclosed amount in a Series C round of funding led by existing investors Bessemer Venture Partners and Orios Venture Partners, along with new investors including JM Financial and Manipal Education and Medical Group (MEMG).
05/03/2018

Online financial planning platform Kuvera raises angel funding

Bengaluru-based online financial planning and investment platform Kuvera raised $250,000 in its second round of angel investment led by a group of angel investors including Baskar Subramanian (co-founder, Amagi Media Labs); Saket Kumar (managing director, Swank Capital), Gaurav Suri (managing director, Livermore Capital) and Ankit Kesarwani of New Vernon Investment […]
01/03/2018

Chennai Angels, Axilor back customer engagement platform Survaider

Bengaluru-based software-as-a-service customer engagement platform Survaider has raised $500,000 in a pre-Series A round of funding led by The Chennai Angels and Axilor Ventures
01/03/2018

IQGEN raises maiden health-tech VC fund for India, other markets

IQGEN Holdings LLC has marked the final close of its maiden venture capital fund at $25 million (INR 163 crore).
01/03/2018

Modern Family Doctor gets fresh does of funding

Bengaluru-based Modern Family Doctor Pvt Ltd, a chain of neighbourhood clinics and pharmacies, has raised fresh funding from ​an existing investor.
28/02/2018

Franchise India invests more in laundry startup UClean

Gurugram-based UConcepts Solutions LLP, which owns tech-enabled laundry service provider UClean, has raised $1 million (Rs 6.5 crore) from franchise and retail services provider Franchise India Holdings Ltd.
28/02/2018

Redwood Internet Ventures, former Jabong MD back HR tech startup

Qandle, a cloud-based HR management and employee engagement platform for small and medium-sized businesses (SMBs), has raised $1.2 million (Rs 7.7 crore) in pre-Series A funding led by Hong Kong-headquartered venture capital firm Redwood Internet Ventures Ltd.
28/02/2018

Mumbai Angels backs battery startup Gegadyne Energy

Mumbai-based energy start-up Gegadyne Energy Labs Pvt. Ltd has raised an undisclosed amount from Mumbai Angels Network to further develop its indigenously-built battery technology, besides running tests for commercial applications.
28/02/2018

Yuvraj Singh-backed Startup Buddy, others invest in AI startup

Trilyo, a tech startup which provides artificial intelligence-based software-as-a-service (SaaS) solutions for business-to-business (B2B) e-commerce clients in the hospitality sector, has raised $250,000 (Rs 1.6 crore) in funding.
28/02/2018

Tencent leads $115 mn round in music streaming service Gaana

Chinese Internet conglomerate Tencent Holdings Ltd has made another bet in India and has led a $115-million (Rs 748 crore) round into music streaming service Gaana.
27/02/2018

Narayana Health’s Devi Shetty backs digital design startup

Digital design startup Lollypop has raised an undisclosed amount in angel funding from Dr Devi Shetty, the founder and chairman of multi- and super-specialty hospital chain Narayana Health, and his family.
27/02/2018

Auxano Deals invests in ed-tech startup Avishkaar Box

Delhi-based ed-tech startup Avishkaar Box, which manufactures and sells robotics-based educational kits for school-going students, has raised INR 5 crore ($772,500) in a pre-Series A round of funding from Auxano Deals.
26/02/2018

Omnivore invests in online milk delivery startup Doodhwala

Bangalore-based Banger Tech Pvt. Ltd, which operates subscription-based milk and daily essentials delivery startup Doodhwala, has raised $2.2 million (Rs 14.27 crore) from impact venture fund Omnivore.
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