Archive News

26/05/2023

Capri Global Acquires Majority Stake In Car Selling Platform

Capri Global Holdings Pvt Ltd (CGHL), the holding company for Capri Global Capital Ltd, has acquired a 51% stake in new-car selling platform CarLelo to expand its lending business. Capri Global is making an investment of INR 150 Cr for the acquisition. Capri Loans, will look to expand its presence […]
25/05/2023

Lightspeed-backed XFlow Raises USD 10.2 Million in Pre-Series A Round

Established in 2021 by Anand Balaji and Ashwin Bhatnagar, XFlow, a financial services and infrastructure company that simplifies the cross-border payments experience for businesses, has raised USD 10.2 Million in its pre Series A round. The round was led by Square Peg with participation from Moore Strategic Ventures and existing […]
25/05/2023

Amazon Leads USD 20 Million Round in Kids’ Fashion Brand Hopscotch

Kids’ fashion brand Hopscotch has raised USD 20 Million in a funding round led by Amazon. Founded by Rahul Anand, Hopscotch focuses on kids-focused lifestyle products that offer significantly higher margins and bigger basket and ticket sizes.
25/05/2023

Edtech Platform Ulipsu Raises USD 3.2 Million

Ulipsu, an edtech startup and multi-skill learning platform, has raised USD 3.2 Million and closed the Pre-Series A round at USD 5.7 Million. Launched in 2022, Ulipsu offers a plug-and-play learning infrastructure that provides schools to introduce vital skills like art and craft, language and communication, coding, artificial intelligence, finance […]
24/05/2023

Sequoia Surge leads USD 5.25 Million seed round in Gan.ai

Gan.ai, a generative artificial intelligence-based video creation platform, has raised USD 5.25 Million in its seed funding round led by Surge. The round also saw participation from Emergent Ventures and other angel investors.
24/05/2023

Event tech startup Ticket 9 raises pre-seed funding

Event tech startup Ticket 9, an event tech startup building SaaS products that provides a comprehensive suite of tools to create, manage, promote, and monetise events of any type and size, has secured USD 120 K in pre-seed funding round co-led by Prabhu Rangarajan, Vijay Pravin Maharajan, Ashok Vardharajan, Sundararaman […]
24/05/2023

Thena raises USD 5 Million seed fund co-led by Lightspeed and First Round Capital

Customer communications and intelligence platform Thena has raised USD 5 Million in a seed funding round co-led by Lightspeed and First Round Capital. The fresh proceeds will be deployed towards double down on product innovation and company expansion
24/05/2023

Edtech firm uFaber secures INR 25 Cr in Series A round

Online learning platform uFaber, offers specialized training programs to a diverse group of individuals, has secured INR 25 Cr in a Series A funding round led by Mastermind JPIN Capital Partners and Gray Matters Capital.
24/05/2023

Ice Cream Brand NIC Pockets USD 11 Million Funding From Jungle Ventures

Natural Ice Cream (NIC), an ice cream brand owned by Walko Food has raised USD 11 Million in a growth funding round led by Jungle Ventures. NIC plans to deploy the funding to expand its production capabilities, enhance product offerings and broaden its distribution reach.
23/05/2023

Ola Electric secures USD 300 Million funding

Electric scooter maker Ola Electric has secured USD 300 Million in its latest funding round led by a leading sovereign fund company and has received an overwhelming response from other investors. The money from the latest deal will be used by the company to immediately ramp up its capacity of […]
23/05/2023

Physis Capital announces first close of USD 50 Million fund

Growth-stage focused venture capital firm Physis Capital has announced its first close of CAT II USD 50 Million fund. Physis Capital will invest in startups looking to raise pre-Series A to Series B capital by Q3 2023.
23/05/2023

Insurtech startup Covrzy has raised INR 3.2 Cr in a pre-seed funding round led by Antler, with participation from Veda VC.

Insurtech startup Covrzy, a micro, small and medium enterprise-focused platform which aims to simplify the process of obtaining a business liability insurance, has raised INR 3.2 Cr in a pre-seed funding round led by Antler, with participation from Veda VC.
23/05/2023

Deeptech startup EMO Energy has raised USD 1.2 Million in a seed funding round co-led by Transition VC and Gruhas.

Deeptech startup EMO Energy, offers battery packs for light electric vehicles, which are powered by its proprietary technology, has raised USD 1.2 Million in a seed funding round co-led by Transition VC and Gruhas.
22/05/2023

Chalo raises USD 20 Million from Avataar Ventures

Bus tracking and ticketing service provider Chalo, tie up with local city bus operators across India, and providing GPS tracking and online ticketing for passengers has raised USD 20 Million from Avataar Ventures.
22/05/2023

Tiger Global Leads USD 18.85 Million Round In IoT Firm Infinite Uptime

IoT startup Infinite Uptime, offers predictive maintenance and condition-based monitoring solutions for process and manufacturing companies, has raised USD 18.85 million from Tiger Global. The round also saw participation from existing investors GSR Ventures, VenturEast, Mayfield, and Japanese firm THK.
22/05/2023

Drone technology startup Passenger Drone Research Pvt. Ltd has raised INR 3.5 Cr in a pre-Series A funding round led by Bestvantage Investments, with participation from BizDateUp

Drone technology startup Passenger Drone Research Pvt. Ltd (PDRL), a drone software product company, Its flagship product AeroMegh software-as-a-service (SaaS) platform enables autonomous flight and data capture and data analytics leading to increased efficiency and cost savings, has raised INR 3.5 Cr in a pre-Series A funding round led by […]
22/05/2023

AI-based platform HaiVE.Tech has secured USD 1 Million in a pre-seed funding round from Mohan K.

AI-based platform HaiVE.Tech, a startup that offers AI solutions for fintech clients, has secured USD 1 Million in a pre-seed funding round from IppoPay founder and chief executive officer Mohan K. The Singapore-based startup will deploy the freh funds to expand its operations in India and Australia along with hiring […]
19/05/2023

PYOR raises USD 4 Million in seed round led by Castle Island Ventures

PYOR (Power Your Own Research), an enabler of high-fidelity data and insights for the global digital assets industry, has raised USD 4 Million in its seed round led by Castle Island Ventures, with additional investment from Hash3, Antler, Future Perfect Venture, Force Ventures, CoinSwitch Ventures, Coinbase Ventures, and angel investor […]
19/05/2023

Rooter raises USD 16 Million led by Lightbox

Gaming and esports content platform Rooter, a fan engagement platform around live-action sports, where users could enjoy quizzes, real-time commentary, game scorecards, and other multimedia content around the event, has raised USD 16 Million in a growth round led by Lightbox. The round saw Trifecta Capital, Pivot Ventures, Baldota Family […]
19/05/2023

Mithi Software raises USD 500 K through Recur Club

Mithi Software, provider of data assurance software, has raised USD 500 K non-dilutive capital led by Recur Club. The proceeds will be deployed to optimise cash flows, enhance product offerings, and drive marketing initiatives to further expand their business, Mithi said in a press release.
18/05/2023

Course5 Intelligence raises USD 55 Million to boost investments in generative AI

Analytics and AI solutions company Course5 Intelligence, a pure-play data analytics and insights company with a focus on helping organizations drive digital transformation using artificial intelligence (AI), advanced analytics, and insights, has raised USD 55 Million from 360 ONE Asset’s tech fund. his funding will used to invest in augmenting […]
17/05/2023

Fintech Startup CapitalSetu raises seed round

Fintech startup CapitalSetu, a aggregators for small and medium manufacturing businesses in supply chain financing, has raised USD 350 K in its seed funding round led by Real Time Angel Fund. The round also saw participation from Ashish Kacholia, Vikas Khemani, Rajat Mehta, Sunaina Bhattacharya, and others.
16/05/2023

Sachin Tendulkar Invests In Manufacturing Startup AZAD Engineering

Hyderabad-based AZAD Engineering, which offers technology solutions for global OEMs in the clean energy, aerospace, defence, oil & gas, and SPS industries, has raised an undisclosed amount from Sachin Tendulkar.
16/05/2023

D2C Menswear Startup XYXX Secures INR 110 Cr To Fuel Offline Ops

D2C menswear brand XYXX, a Men’s innerwear and lifestyle brand, has raised INR 110 Cr as part of its Series C funding round led by Amazon Smbhav Venture Fund. The round also saw participation from its existing institutional investors such as Sauce.vc, Anicut Capital, DSG Consumer Partners and Singularity Growth […]
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