Archive News

25/01/2018

Parody video startup Spoofin gets funding from Mumbai Angels Network

Video-based entertainment platform Spoofin has raised an undisclosed amount from Mumbai Angels Network.
25/01/2018

Digital lending platform NeoGrowth raises $47 million in equity funding

Mumbai-headquartered non-banking financial company (NBFC) NeoGrowth Credit Pvt Ltd, which provides flexible loans to merchants and offers automated repayment options, has secured INR 300 crore ($47 million) in equity funding from investors led by LeapFrog Investments.
25/01/2018

Two-wheeler rental startup Ontrack raises seed funding

Bangalore-based self-riding bike rental company Ontrack has raised an undisclosed amount of seed investment from Diverse Middle East FZE, a Dubai-based family office, and other angels.
25/01/2018

PremjiInvest leads Series D round in Shubham Housing

Gurgaon-based mortgage lender Shubham Housing Development Finance Company has raised its Series D round of $48 Million from investors led by PremjiInvest, the family investment arm of Wipro Ltd chairman Azim Premji.
25/01/2018

Test prep firm behind Rao IIT Academy raises $8.6 million in structured debt from Avendus

Educational coaching services provider Rao Edusolutions Pvt Ltd, which operates under the brand name Rao IIT Academy, has raised structured debt worth INR 55 crore from Avendus Finance, the credit solutions arm of Avendus Capital.
24/01/2018

Axilor leads $300K investment in employee rewards platform Advantage Club

Gurgaon-headquartered employee rewards and recognition platform Advantage Club has raised $300,000 a fresh round of funding led by accelerator and seed fund Axilor Ventures.
24/01/2018

Unilever Ventures backs micro-delivery grocery startup Milkbasket

Gurgaon-based Aaidea Solutions Pvt Ltd, which runs micro-delivery grocery startup Milkbasket, has raised $3 million (around INR 19 crore) in funding from Unilever Ventures.
24/01/2018

Personal finance app WealthTrust gets pre-Series A funding from India Quotient

Evolusolve Technologies Pvt Ltd, which operates personal finance management app WealthTrust, has raised $500,000 from venture capital firm India Quotient in a pre-Series A funding round.
24/01/2018

Home rental marketplace ZiffyHomes raises angel funding

Home rental marketplace ZiffyHomes has raised INR 2 crore ($313,503) from a group of angel investors led by Bikky Khosla, chief executive of business-to-business portal Trade India and Anirudh Agarwal, managing director of diversified business conglomerate Shree Sharda Group.
23/01/2018

B2B food-tech startup HungerBox bags $2.5 million in pre-Series A round

Bangalore-headquartered HungerBox, an online platform that connects caterers and corporates, has raised $2,500,000 in a pre-Series A funding round led by Singapore-based Lionrock Capital.
23/01/2018

SaaS startup Paperflite raises seed funding round led by The Chennai Angels

US and India-based Paperflite, a mobile-based enterprise content marketing platform, has raised $400,000 in a seed round of funding led by The Chennai Angels.
23/01/2018

Ed-tech startup AEON Learning raises Series B funding

Bengaluru-based AEON Learning Pvt Ltd, which offers online degree programmes and skill development courses, has raised $3,200,000 in a Series B round from MEMG Family Office LLP.
22/01/2018

Online lending startup OptaCredit secures $4 million credit line from DMI Finance

OptaCredit Fintech Pvt Ltd, a digital lending start-up focusing on white-collar salaried workers, has secured a credit line of $4 million from DMI Finance Pvt Ltd, a non-banking financial services company (NBFC).
22/01/2018

Corporate training firm WB School raises funding from Dempo Group

Corporate training services provider Work Better Training Pvt Ltd has raised an undisclosed amount of funding from Dempo Group.
22/01/2018

Energy management startup Bidgely secures $27 million in Series C funding

California-based energy analytics firm Bidgely Inc, which has a major engineering unit in Bengaluru, has raised $27 million (INR 172 crore) in a Series C round led by Canada-based investment fund Georgian Partners.
22/01/2018

Unitus Seed Fund invests in operations crowdsourcing startup Awign

Awign Enterprises Pvt Ltd, a Bengaluru-based operations and sales outsourcing startup, has raised $784,500 from early-stage investor Unitus Seed Fund and other angel investors.
22/01/2018

Goomo buys B2B vehicle rental site WagonBee

In a move that is expected to significantly expand its product portfolio, Goomo, an omni-channel travel tech firm, has acquired WagonBee, a B2B vehicle rental marketplace.
19/01/2018

ICICI Ventures to invest $15.6 million in Sequoia-backed Go Fashion

Domestic private equity fund ICICI Venture is set to invest INR 100 crore in Chennai-based Go Fashion India Pvt Ltd for a minority stake.
19/01/2018

Social networking platform ShareChat gets $18.2 mn in Xiaomi-led Series B round

Vernacular social networking platform ShareChat has raised INR 116 crore in a Series B funding round led by Chinese smartphone manufacturer Xiaomi.
19/01/2018

Prime Venture Partners backs security management app myGate

myGate, a mobile-based security management solution for gated premises, has raised INR 16 crore in its first round of external funding led by Prime Venture Partners.
19/01/2018

IoT startup engaged in smart water management Faclon raises seed funding

Mumbai-based internet-of-things (IoT) startup Faclon Labs Pvt Ltd has raised an undisclosed amount in a seed round to fund its product development and commercialisation efforts led by Vish Sathappan, director at Brand Capital, Bennett, Coleman and Co Ltd (BCCL), and Sameer Sainani, director, response, BCCL.
18/01/2018

ERC Eye Care raises $1 million from Ankur Capital, Ennovent, others

ERC Eye Care (ERC), which provides eye care solutions to low-income persons in Northeast India, has raised $1 million from a consortium of five investors led by existing investors Ankur Capital and Ennovent.
18/01/2018

Trading platform STREAK raises seed funding from Rainmatter

Algorithm-based trading platform STREAK has raised $352,000 seed funding from Rainmatter, incubator and fund of broking firm Zerodha.
18/01/2018

Ed-tech startup CollPoll bags pre-Series A funding

Bangalore-headquartered Butterfly Innovations Pvt Ltd, the operator of ed-tech startup CollPoll which runs a communication and collaboration platform for educational institutes, has raised an undisclosed amount of funding in a pre-Series A round led by Manipal Global Education Services (MaGE).
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