Archive News

15/02/2018

Venture funds, Binny Bansal invest in biotech startup Pandorum

Bengaluru-based Pandorum Technologies Pvt Ltd, which designs and makes human liver tissues using 3D printing tech, has raised INR 23 crore in a Series A round.
15/02/2018

Hong Kong investor comes as new backer for ed-tech startup Toppr

Mumbai-based Haygot Education Pvt Ltd, which runs ed-tech startup Toppr, has raised $100,000 (INR 65 lakh) as part of an extended Series B funding round from Hong Kong-based early-stage investor Axis Capital Partners
15/02/2018

Growth catalyst firm ah! Ventures backs marketing platform Corefactors

Multichannel marketing and campaign management platform Corefactors has raised an undisclosed amount in pre-Series A funding from growth catalyst firm ah! Ventures.
15/02/2018

TV18 Broadcast to invest $6.2 mn in Infibeam

Billionaire Mukesh Ambani-controlled TV18 Broadcast Ltd is investing up to INR 40 crore in Ahmedabad-based Infibeam Incorporation Ltd.
15/02/2018

Cross Border Angels leads pre-Series A round for Shirsa Labs

Mumbai-based ed-tech startup Shirsa Labs Pvt Ltd has raised $500,000 in a pre-series A round
15/02/2018

Snapdeal strategy chief Jason Kothari backs US flower e-commerce firm

Jason Kothari, chief strategy and investment officer at Snapdeal, has made a personal investment in ItsByU, a flower e-commerce company in the US.
14/02/2018

Centrum fund invests $3 million in ed-tech startup Littlemore Innovation Labs

Littlemore Innovation Labs Pvt Ltd, a Singapore-based education technology company, has raised INR 20 crore ($3 million) from Kalpavriksh, a private equity fund of Centrum Group, said a senior executive of the fund.
14/02/2018

Mumbai diamond merchant invests in food-tech startup Holachef

Food-tech startup Holachef has raised INR 2 crore ($311,200) from Ashok Kumar Gajera, director at Mumbai-based diamond manufacturer and distributor Laxmi Diamond Pvt Ltd.
14/02/2018

Aavishkaar unit Tribe Impact brings in angel investors to back Awaaz De

Awaaz De Infosystems Pvt Ltd, a startup providing mobile solutions to enterprises that focus solely on social programmes, has raised an undisclosed amount of funds from angel investors rounded up by Tribe Impact Capital LLP, a subsidiary of impact-investing firm Aavishkaar-Intellecap Group.
14/02/2018

MSDF, others invest in ed-tech startup IMAX Program

Bangalore-based ed-tech startup IMAX Program has raised around INR 86 crore from the Michael and Susan Dell Foundation (MSDF), LGT Impact Ventures, and existing investor Aspada Investments.
13/02/2018

Lendingkart raises INR 565 crore from Fullerton Financial Holdings, others

Online loans start-up Lendingkart Technologies Pvt Ltd has raised INR 565 crore equity capital in a Series C round of funding led by Singapore’s Fullerton Financial Holdings Pte Ltd and other existing investors.
13/02/2018

Existing investors back mobile B2B marketplace Wydr

Mobile business-to-business (B2B) marketplace Wydr has raised an undisclosed amount in a fresh round of funding from its existing investors.
12/02/2018

Eduvanz Financing raises funds from Blinc Advisors

Eduvanz Financing Pvt Ltd, an education technology start-up that provides loans for skill development to students, has raised $500,000 in a round of funding led by Blinc Advisors.
12/02/2018

Sistema Asia Fund leads Series B round in fitness startup HealthifyMe

Healthifyme Wellness Products And Services Pvt Ltd, which runs health and fitness app HealthifyMe, has raised $12 million (around INR 77 crore) in a Series B round of funding from a clutch of investors led by Russia’s Sistema Asia Fund.
12/02/2018

Digital health startup MedTel raises pre-Series A funding

Telehealth platform MedTel has raised an undisclosed amount in pre-Series A funding in a round led by a programme jointly run by the British and Indian governments.
12/02/2018

Online gold loan platform Rupeek gets $6.8 mn from Accel, Sequoia

Bengaluru-based Rupeek, which operates an online marketplace for gold loans, has raised INR 44 crore in a fresh funding round led by Accel Partners.
12/02/2018

Chamath Palihapitiya’s Social Capital invests in SaaS startup WebEngage

WebEngage, a user engagement software-as-a-service (SaaS) startup run by Webklipper Technologies Pvt Ltd, has raised an undisclosed amount of funding from venture capital firm Social Capital.
09/02/2018

Workday Ventures floats $250 mn fund for AI, blockchain startups

Business-software maker Workday, Inc has set up a $250 million (INR 1,606 crore) venture fund to invest in early-stage and growth-stage startups working in the fields of artificial intelligence, machine learning, blockchain, augmented reality and virtual reality.
09/02/2018

Naspers leads $100 mn round in food delivery startup Swiggy

Online food delivery startup Swiggy, run by Bengaluru-based Bundl Technologies Pvt Ltd, has raised $100 million (INR 640 crore) in its largest round of funding till date led by existing investor South African Internet and entertainment group Naspers.
09/02/2018

3737 North Capital invests in backpacking hostel chain

3737 North Capital LLC has made its second bet of an undisclosed amount in a Pune-based tech-backed data-driven backpacking hostel chain.
09/02/2018

Cloud-based enterprise tech firm Icertis ​raises $50 mn in Series D round

Cloud enterprise software startup Icertis Inc, which is led by IT industry veteran Samir Bodas, has secured $50 million in a Series D round led by US-based investor Meritech Capital Partners.
08/02/2018

Student housing startup Placio raises $2m from Prestellar Ventures

Student housing startup Placio has raised $2 million in its pre-Series A funding round from Singapore-based investment firm Prestellar Ventures
08/02/2018

Furlenco raises $1.5m debt

Online furniture renting startup Furlenco has raised INR 10 crore from a clutch of angel investors
08/02/2018

Shape India raises $200k in pre-Series A round

Physical education organisation Shape India has received an investment of $200,000 in a Pre-Series A led by Sandeep Mathur
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