Archive News

20/06/2023

Volt Money raises USD 1.5 Million in pre-seed round

Volt Money, a platform for instant secured loans against mutual funds, has raised USD 1.5 Million in a pre-seed round led by Titan Capital and All In Capital. The round also saw participation from Individuals including Praveen Jadhav of Raise Ventures, Aditi Kothari of DSP Adiko Holdings, Gemba Capital, Kunal […]
19/06/2023

ah! Ventures-Backed EV Startup Starya Mobility Bags Funding For Tech Innovation

EV scooter startup Starya Mobility, convert your old scooter into an electric one and upgrade the performance, has bagged USD 2 Million from ah! Ventures and Exedy Clutch India to explore tech innovation.
19/06/2023

GroClub raises pre-seed round led by Ramaiah Evolute

D2C kids subscription platform Gro Club, offers bicycle on subscription for growing kids and hassle free ownership for grownups with a subscription price ranging from Rs 250 to Rs 500, has raised INR 4.3 Cr in a pree-seed round led by Ramaiah Evolute, a startup wing of MS Ramaiah Group. […]
19/06/2023

Adda247 acquires 3D experiential learning app Veeksha

Google-backed Adda247, offers comprehensive solutions for all learning needs, including – online live classes, on-demand video courses, mock tests, e-books, etc, has acquired Veeksha, creates immersive 3D Mathematics and Science content for new age learners who prefer learning on digital devices, for an undisclosed amount. With this acquisition, Adda247 will […]
19/06/2023

Capital Small Finance Bank Gets Equity From Max Life Insurance For Minority Stake

Private equity and venture capital-backed Capital Small Finance Bank, India’s first small finance bank, has secured an equity investment from Max Life Insurance Company Limited for a minority equity stake in the lender at a valuation of over INR 1,600 Cr.
16/06/2023

Drone Major ideaForge Raises INR 60 Cr In Pre-IPO Round

IPO-bound drone startup ideaForge, Manufacturer of drones for defense and industrial applications, has reportedly raised INR 60 Cr in a pre-IPO funding round, which saw participation from institutional investors like Tata AIG General Insurance, Motilal Oswal Mutual Fund, Think Investments PCC, and 360 One Asset Management.
16/06/2023

Peak XV, Accel-Backed HomeLane Raises Bridge Round

HomeLane, provides end-to-end personalized home interior makeovers, has raised INR 75 Cr in a bridge funding round from its existing backers. The fresh funding will help accelerate HomeLane’s growth trajectory and support its expansion plans.
15/06/2023

BASIC Home Loan raises USD 4.7 Million in pre-Series B round

Fintech startup BASIC Home Loan, developing a platform for automating home loans for middle and low-income households in India, has raised USD 4.7 Million in a pre-Series B round led by stock market investor Ashish Kacholia. The round also saw participation from existing investors Gruhas and Venture Catalysts.
15/06/2023

Mumbai-based Chrome Asia Hospitality has secured an investment for its first boutique hotel KAIA from actor Bhumi Pednekar.

Mumbai-based Chrome Asia Hospitality, a full-scale hospitality company focussed on creating experience driven restaurants across the country, has secured an investment for its first boutique hotel KAIA from actor Bhumi Pednekar.
15/06/2023

Gardening-focused hyperlocal marketplace Urvann has raked in an undisclosed amount in a pre-Series A funding round led by Inflection Point Ventures.

Gardening-focused hyperlocal marketplace Urvann, provides the most variety and next-day delivery of fresh plants at the lowest prices, distinguishing itself from traditional players, has raked in an undisclosed amount in a pre-Series A funding round led by Inflection Point Ventures.
15/06/2023

IIT-Madras-incubated EV sub-components manufacturing startup Revoh Innovations has raised INR 4 Cr in a seed funding round from Nexzu Technologies and Whiteboard Capital.

IIT-Madras-incubated EV sub-components manufacturing startup Revoh Innovations, focusses on research and development of motor controllers for EV applications, has raised INR 4 Cr in a seed funding round from Nexzu Technologies and Whiteboard Capital.
15/06/2023

Direct-to-consumer kids subscription startup Gro Club has bagged pre-seed funding of INR 4.3 Cr led by MS Ramaiah Group’s startup venture.

Direct-to-consumer kids subscription startup Gro Club, offers products on subscription for growing kids which kids can upgrade as they grow, has bagged pre-seed funding of INR 4.3 Cr led by MS Ramaiah Group’s startup venture. The round also saw participation from Deepak Gowda of Ascent Capital and Purushotham R, Chirag […]
15/06/2023

Plant-based protein company Evolved Foods has raised INR 7.30 Cr as part of its seed funding exercise co-led by Rainmatter Health and Kamala Capital

Plant-based protein company Evolved Foods, addresses India’s protein deficiency challenge and the world’s demand for sustainable plant-based meat, has raised INR 7.30 Cr as part of its seed funding exercise co-led by Rainmatter Health and Kamala Capital. The round also saw participation from Anvitha Prashanth (Anyaa Ventures) and Aprameya Radhakrishna […]
15/06/2023

Digital health startup Mykare Health raised seed funding of USD 2.01 Million

Digital health startup Mykare Health, claims to be building the largest asset-light, affordable and standardised hospital network focused on delivering quality healthcare experience to India’s middle-class segment, raised seed funding of USD 2.01 Million from OnDeck ODX, Avaana Seed, Huddle, Endurance Capital, F Health, VeritasX, Stanford Angels and Phoenix Angels. […]
14/06/2023

Uber Leads USD 20 Million Funding Round In Mumbai-Based Everest Fleet

Mumbai-based fleet-management company Everest Fleet has secured USD 20 Million in a funding round led by ride-hailing major Uber. Founded in 2016, Everest Fleet claims to operate with over 10,000+ cars currently with presence across metro cities. Currently, it operates in seven cities including Mumbai, Delhi, Bengaluru, Hyderabad, Chennai, Kolkata, […]
14/06/2023

Lending SaaS Startup Cloudbankin Raises Funds

Digital lending software firm Cloudbankin has raised USD 400 Thousands in funding from angel investors Upekkha, SaaS accelerator and fund, and Kube VC. Cloudbankin aims to offer a comprehensive solution encompassing streamlined borrower onboarding with AI based low-code functionality and a unified API integration layer for all the third-party service […]
14/06/2023

Crypto Taxation Platform TaxNodes Raises USD 1.6 Million in Seed Round

TaxNodes, a crypto tax computation and ITR filing platform, has raised USD 1.6 Million in a seed funding round from Rahul Pagidipati, CEO of ZebPay and Nischal Shetty, CEO of Shardeum and Founder of WazirX, Ashish Singhal, co-founder & CEO of CoinSwitch and Ajeet Khurana, founder of Reflexical. The firm […]
14/06/2023

Unnati Agri Raises New Round

Unnati Agri, an agriculture supply chain and financial services startup, has raised INR 28.5 Crores led by the family office of IPL Biologicals. Founded in 2017 by former Paytm Mall chief operating officer Amit Sinha and Ashok Prasad, Unnati Agri describes itself as a ‘fintech-based agri platform’. Its services include […]
13/06/2023

Adtech Startup Vertoz Acquires Minority Stake In Rival Cheerio

Tech-based digital marketing and advertising startup Vertoz, aims at delivering data driven targeted campaigns to enable businesses generate the best outcomes for digital marketers and companies alike, has secured minority stake of 1.82% in marketing automation startup Cheerio. With this investment, Vertoz aims to use the synergies between the two […]
13/06/2023

Indifi Technologies raises USD 35 Mn in Series E round

Indifi Technologies, an online lending platform that offers third-party loans to micro, small and medium enterprises, has raised USD 35 Million in its Series E round. The round also saw participation from existing investors including British International Investment, OP Finnfund Global Impact Fund I, Omidyar Network India, Flourish Ventures and […]
13/06/2023

Casual gaming studio HighXP raises seed money led by 3one4 Capital

Casual gaming studio HighXP, a casual gaming studio focused on creating social games that provide a fun and engaging experience for players worldwide, has raised USD 2.2 Million in seed funding led by 3one4 Capital with participation from Prime Venture Partners and Gemba Capital. Angel investors including Rahul Bhardwaj, Anuj […]
13/06/2023

NABVENTURES backs satellite agri analytics startup Satyukt

Agri analytics startup Satyukt Analytics, deploys satellite technology and machine learning to provide SaaS-based advisory services to farmers, has raised INR 10 Cr as a part of pre-Series A round from NABVENTURES, a venture growth equity fund backed by NABARD.
13/06/2023

C4D Makes Partial Exit With Aviom’s USD 30 Million Round

Micro-mortgage lender Aviom India Housing Finance, caters to low-income households in rural and semi-urban areas, has raised USD 30 Million in its Series D equity funding round led by global investment management firm Nuveen. The latest fundraise also includes a secondary component, with private equity firm C4D Partners marking a […]
12/06/2023

Buyofuel has raised INR 4.5 Cr in a funding from revenue-based financier Recur Club.

Buyofuel, an online marketplace for biofeuel-based products, offers all types of biofuels and organic wastes which helps fuel consumers to switch to biofuels and allows biofuel manufacturers to access organic wastes, has raised INR 4.5 Cr in a funding from revenue-based financier Recur Club.
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