Archive News

07/04/2022

Sequoia-backed Rattle snags USD 26 Million from Insight Partners, GV, others

Software-as-a-service (SaaS) startup Rattle Software has raised USD 26 Million in a Series A round led by US-based Insight Partners. The fundraise also saw participation from GV, formerly known as Google Ventures, and existing investors Sequoia Capital India and Lightspeed India Partners.
07/04/2022

IndiQube bags USD 30 Million from promoters, WestBridge Capital

Flexible workspace provider IndiQube has raised USD 30 Million in Series B funding for its next phase of growth, from the company’s promoters, existing investors WestBridge Capital and Ashish Gupta., an angel investor
06/04/2022

CultYvate raises INR 4.5 crore in a pre-series A round from Sunicon Ventures, others

CultYvate, an IoT-enabled agritech platform has raised INR 4.5 crores in a pre-series A round. The round was led by Sirius One Capital Fund, alongside other marquee investors including Sunicon, The Chennai Angels, LV Angel Fund, and Prodapt Technology Holding.
06/04/2022

Aavishkaar Capital announce USD 130 Million first close of its sixth India fund

Aavishkaar Capital, the impact investing arm of the Aavishkaar Group, has announced USD 130 million first close of its sixth fund dedicated to India.
06/04/2022

‘Save Now, Buy Later’ Focused Fintech Startup Tortoise Bags Funding From Vertex, Kunal Shah

Fintech startup Tortoise has received USD 2.3 Million in a seed funding round led by Vertex Ventures. Better Capital, Cloud Capital, and other investors including Kunal Shah, founder of CRED; Neeraj Arora, former chief business officer of WhatsApp; Ankur Nagpal, founder of edtech firm Teachable; and Ganesh Rengaswamy, cofounder of […]
06/04/2022

PayU, IFC Invest USD 15 Million In Supply Chain Finance Startup Vayana Network

Mumbai-based supply chain finance provider Vayana Network is raising funding from two global fintech solution providers – PayU, and International Finance Corporation.
06/04/2022

Nazara Invests In US Based Gaming Fund BITKRAFT Ventures

Nazara Pte. Ltd, a wholly-owned subsidiary of Mumbai-based Nazara Technologies is investing USD 2.5 Million in US-based gaming fund BITKRAFT Ventures. With this investment, Nazara aims to leverage BITKRAFT’s network for potential partnerships and investment into the company and its subsidiaries.
06/04/2022

Alia Bhatt-Backed Phool.co Bags USD 8 Million To Make Animal Leather Obsolete

D2C wellness startup Phool.co has raised USD 8 Million in a Series A round from Sixth Sense Ventures and existing investors Bollywood actress Alia Bhatt and IAN Fund.
06/04/2022

Vested Finance Raises USD 12 Million In Series A To Expand Team And Launch New Products

Silicon Valley and Mumbai-based investment tech startup Vested Finance has raised USD 12 Million in a Series A funding round led by Ayon Capital. Existing investors Tenoneten, Ovo Fund, Wedbush Ventures, IPV, and Upscale also participated in the funding round. The round also saw the participation of new investors 9Unicorns, […]
06/04/2022

MakeMyTrip’s Fintech Arm Acquires Majority Stake In Foreign Currency Exchange BookMyForex

Indian travel company MakeMyTrip’s fintech arm TripMoney has acquired a majority stake in BookMyForex, India’s online foreign currency exchange services provider.
06/04/2022

Indian Cricketer KL Rahul Invests In Men’s Apparel Brand XYXX

Surat-based men’s apparel brand XYXX has raised an undisclosed amount of investment from Indian cricketer KL Rahul. With this investment, Rahul has also become an ambassador of XYXX.
06/04/2022

Dailyhunt And Josh Parent Raises USD 805 Million

Dailyhunt and short video app Josh’s parent VerSe Innovation has raised USD 805 Million in a round led by Canada Pension Plan Investment Board (CPPIB), Ontario Teachers’ Pension Plan Board (OTPPB), Luxor Capital and Sumeru Ventures. Existing investors Sofina Group and Baillie Gifford, among others, also participated in the round, […]
06/04/2022

Gupshup acquires VC-backed Active.ai

Conversational messaging platform Gupshup has acquired conversational AI platform for banks and fintech companies Active.Ai and is in talks with potential investors for a pre-IPO funding of USD 100-200 million or even larger.
06/04/2022

Speciale Invest, Infoedge, others back robotics firm CynLr

Vyuti Systems Private Limited, has raised USD 4.5 million in a funding co-led by Speciale Invest and growX Ventures. The round also saw participation from Anicut Capital, Infoedge, Java Capital, Venture Catalysts, Arali Ventures, Srivats Ram (MD, Wheels India, TVS Group) and Shriram Vijayaraghavan (President, Wheels India, TVS Group).
05/04/2022

OWN Raises Funding From Better Capital, Polygon Studios To Launch NFT-Based Play To Earn Game

Bengaluru-based online gaming startup OWN has received USD 2 Million in seed funding round from Better Capital, Polygon Studios, Cloud Capital and Indigg.
05/04/2022

NE Origins has raised an undisclosed amount of Pre-Seed funding

Gangtok-based social commerce startup NE Origins has raised an undisclosed amount of Pre-Seed funding at a valuation of USD 2 Million. The round saw participation from strategic angel investors including Indian footballer Bhaichung Bhutia.
05/04/2022

Blue-collar recruitment platform WorkIndia raises funding from PERSOL Group

Blue-collar recruitment platform WorkIndia has recently raised funding led by PERSOL Group, a major comprehensive human resources service provider in the APAC region. The company plans to direct the funds towards extending its product and fraud detection technology across PERSOL’s operations in 13 countries and regions globally.
05/04/2022

Bombay Play raises USD 7 million in Series-A led by Kalaari Capital

Indian gaming studio Bombay Play has raised USD 7 million in its Series-A funding round led by Kalaari Capital.The round also witnessed participation from existing investors – Lumikai Fund, Leo Capital and PlayCo. apart from new investors like Winzo, AdvantEdge VC, AMEA Ventures amongst others.
05/04/2022

Ankur Capital, Omnivore help Agrizy raise USD 4 million seed fund

Bengaluru-based agri-tech start-up Agrizy has raised USD 4 million in a seed round, led by Ankur Capital. This round also saw participation from Omnivore and angels like Rajesh Yabaji (CEO, BlackBuck), and Zetwerk’s co-founders Srinath Ramakkrushnan, Amrit Acharya, Rahul Sharma, and Vishal Chaudhary among others.
05/04/2022

Sequoia-backed Stanza Living buys Singularity Automation in all-cash deal

Shared living operator Stanza Living has acquired Bengaluru-based IoT platform Singularity Automation in an all-cash deal.The acquisition will strengthen Stanza Living’s existing technology ecosystem, and help developing highly-customized IoT-based solutions for the managed accommodation sector.
05/04/2022

Omnivore unveils USD 30 Million fund to back agri, climate sustainability investments

Agritech venture capital platform Omnivore roll out of a third fund with a target of raising USD 130 million to invest in early-stage startups, focused on agriculture, food, climate and rural economy. The firm plans to fund 25-30 new startups with this fund over the following four years.
05/04/2022

Beams Fintech Fund marks first close at USD 36 Million

Venture Catalyst floated Beams Fintech Fund has completed the first close of its maiden growth-stage fund. Beams will invest in early-stage firms that operate at the crossroads of financial services and technology. The fund seeks to attain its target corpus of USD 100 million in the next nine months.
04/04/2022

Bosch Acquires 14% Stake In Deeptech Startup Zeliot

Multinational technology company Bosch Ltd. has acquired a 14% minority stake in Bengaluru-based deeptech B2B startup Zeliot Connected Services. Bosch said that this investment would help the company enhance its role in the mobility landscape through offerings on digital platforms in personalised and connected mobility.
04/04/2022

Sequoia-backed Stanza Living buys Singularity Automation in all-cash deal

Shared living operator Stanza Living has acquired Bengaluru-based IoT platform Singularity Automation in an all-cash deal. The acquisition will strengthen Stanza Living’s existing technology ecosystem, and help developing highly-customized IoT-based solutions for the managed accommodation sector.
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