Archive News

04/08/2021

Leap raises USD 34 million in funding

Leap an integrated pooling and supply chain solutions company, has raised USD 34 million in a secondary round from investors led by Schroder Adveq and IIFL fund, giving early backers Mayfield Fund, IndiaNivesh, and Six Sense Ventures a partial exit.
04/08/2021

Healthtech startup Onsurity gets USD 16 million from Quona Capital, others

Onsurity, an employee health benefits platform, has raised USD 16 million in a Series A funding round led by Quona Capital and existing investors Nexus Venture Partners and Whiteboard Capital. Vivek Garipalli, the founder and CEO of Clover Healthcare, also participated in the fundraising.
04/08/2021

HiHello raises USD 7.5 million from Foundry Group, others

HiHello a digital business card and contact manager app, has raised USD 7.5 million in a Series A funding round led by Foundry Group along with participation of Lux Capital and August Capital.
04/08/2021

Healthtech Startup Meddo Acquires Digital Prescription Platform Doxper

Digital outpatient care platform Meddo has announced the acquisition of digital prescription platform Doxper in a cash and stock deal.
04/08/2021

Infra.Market raises USD 125 Million from Tiger Global at USD 2.5 Billion valuation

Construction materials marketplace Infra.Market, has raised USD 125 million in Series D funding from Tiger Global. The latest funding round values the company at USD 2.5 billion.
04/08/2021

Healthtech startup MedPrime Technologies raises seed round

Healthtech startup MedPrime Technologies, which focuses on providing digital solutions to the microscopy segment of medical diagnostics, has raised an undisclosed amount in a seed funding from Mumbai Angels Network and Social Alpha. SINE IIT Bombay, RiSo Capital, Lavni Ventures, and Keiretsu Forum also participated in the round.
04/08/2021

Logistics startup StackBOX raises USD 1.2 Million from Ecosystem Ventures, CMM group

Bengaluru-based logistics tech startup StackBOX has raised USD 1.2 million in funding led by Ecosystem Ventures and CMM Group. It has set up a network of multi-brand micro fulfillment centers, cross docks and dark stores leveraging technology for routing optimisation, party level packaging, etc.
04/08/2021

Agritech startup Krishify gets USD 2.7 million from Omidyar, others

Krishify, a networking platform for farmers and other agri-professionals—matching potential buyers and sellersp, has raised USD 2.7 million in a pre-Series A funding round led by Omidyar Network India, Ankur Capital, and Orios Ventures.
04/08/2021

D2C tech-fulfilment startup QuickShift, raises INR 5.7 crore seed round from Anicut Angel Fund, Axilor Ventures

Pune-based Quickshift, a Direct-2-Consumer fulfilment firm, has raised INR 5.7 crore in a seed funding round led by Anicut Angel Fund and Axilor Ventures.
03/08/2021

Skill-Lync raises USD 17.5 million from Iron Pillar, others

Y Combinator-backed Skill-Lync, an engineering-focused edtech startup, has raised USD 17.5 million in a Series A funding round led by Iron Pillar. Existing investors Y Combinator and Better Capital also participated.
03/08/2021

ChefKart raises USD 300K from Lead Angels, Titan Capital, Pravega Ventures, others

ChefKart, an end-to-end kitchen aide, has raised USD 300,000 in a pre-seed round from Titan Capital, Lead Angels, Pravega Ventures, Manyavar Family Office, Vipul Allawadhi Co-founder of Kutumbh, and Puja Vijayvargiya.
03/08/2021

Sales productivity startup Nektar.AI raises funding led by 3One4, others

Nektar.AI, a SaaS-based B2B sales productivity startup, has raised USD 6 million in seed funding led by B Capital Group, 3One4 Capital, and Nexus Venture Partners.
03/08/2021

Apnaklub Raises Funding To Expand B2B Social Commerce Play

Apnaklub, a business-to-business wholesale platform for fast-moving consumer goods, has raised USD 3.5 Million in a seed round from Sequoia Capital’s early-stage accelerator Surge. Besides Sequoia, Blume Ventures and White Board Capital have also invested in the seed round. Apnaklub agent-led solution, known as the Apnaklub Partner Programme, currently includes […]
03/08/2021

Accel and Elevation Capital lead Series A funding in B2B focused Fashinza

Fashinza, a B2B marketplace for apparel manufacturing, has raised USD 20 million in a mix of equity and debt as part of its Series A funding round led by Accel Partners and Elevation Capital. The round also saw participations from Abu Dhabi’s DisruptAD, Stride Ventures, Alteria Capital, Tradecred and others.
02/08/2021

Unacademy raises USD 440 million from Temasek, Softbank Vision Fund

Online learning firm Unacademy has raised USD 440 million in a new funding round led by Temasek Holdings valuing the education technology startup at USD 3.4 billion. Existing backers SoftBank, General Atlantic and Tiger Global also participated in the round.
02/08/2021

MoEngage raises USD 32.5 million funding from Multiples Alternate Asset Management, others

MoEngage, an insights-led customer engagement platform, has raised USD 32.5 million in a funding round, led by Multiples Alternate Asset Management. Existing investors, Eight Roads Ventures, F-Prime Capital, and Matrix Partners, also participated, while Exfinity Venture Partners made a healthy exit in this round.
02/08/2021

Trifecta Capital announces first close of late-stage venture capital fund

Venture debt fund pioneer Trifecta Capital, has raised INR 1,000 crore from domestic investors for the first close of its maiden late-stage venture capital fund Trifecta Leaders Fund-I. The fund is looking to raise a total of INR 1,500 crore from domestic as well as global investors and is targeting […]
02/08/2021

OfBusiness turns unicorn post SoftBank-led USD 160 million funding

Gurugram-based B2B startup Ofbusiness has entered the unicorn club after raising a USD 160 million round led by SoftBank’s Vision Fund 2. Existing investors Falcon Edge Capital and Matrix Partners also participated in the round. The funding was raised at a valuation of close to USD 1.5 billion.
02/08/2021

Gurugram-based 3SC raises USD 15 Million in Series B round led by GEF Capital’s South Asia Fund

Gurugram-based supply chain planning and logistics startup SS Supply Chain Solutions (3SC), has raised USD 15 million in its Series B funding round led by GEF Capital’s South Asia Fund.
02/08/2021

Chennai-based Chai Waale raises INR 5 Crore from marquee angel investors

Chennai-based tea brand Chai Waale, has raised INR 5 crore in funding from marquee angel investors. Additionally, private organisations such as the online trading platform of unlisted shares Unlisted Kart LLP and Chennai-based Conscience multi-family office, among other investors also participated in the round.
02/08/2021

AI-based edtech startup SP Robotic Works raises USD 3 Million in Series A round

AI-based edutainment startup SP Robotic Works, has raised USD 3 million in Series A round led by Mount Judi India Growth Fund. The funding round witnessed participation from BCCL and its existing investors Indian Angel Network and multiple renowned Angel Investors.
02/08/2021

Rocketium Raises USD 3.2 Million Series A Round

Rocketium, a creative automation OS that scales design and marketing operations for data-driven campaigns, has raised USD 3.2 million as part of its Series A round. The current round saw participation from Emergent Ventures, 1Crowd, Blume Ventures, and others.
30/07/2021

Vauld raises USD 25 million in funding led by Peter Thiel’s Valar Ventures

Vauld, a crypto platform for financial products, has raised USD 25 million in a Series A funding round led by PayPal founder Peter Thiel’s Valar Ventures. Existing investors Pantera Capital, Coinbase Ventures, CMT Digital, Gumi Cryptos, Robert Leshner, and Cadenza Capital among others also participated in the round.
30/07/2021

Homegrown skincare brand I am Love raises INR 35 Crore in seed round

Mumbai-based nutraceutical skincare brand I am Love, has raised INR 35 crore in a seed round from California-based angel investor Xentel Investments.
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