Archive News

07/09/2020

Agri-tech startup Aibono pulls in fresh capital from Rebright, others

Aibono Smart Farming Pvt. Ltd, which offers an artificial intelligence-powered fresh food aggregation platform, has raised USD 2 million in fresh capital from venture capital firm Rebright Partners, Mitsui Sumitomo Insurance Venture Capital and Lesing Artha, a subsidiary of Rianta Capital.
04/09/2020

TVS Motor infuses additional INR 30 crore in Ultraviolette Automotive

TVS Motor has infused an additional INR 30 crore in Ultraviolette Automotive, an electric mobility solution provider. This investment is part of the Series B round of funding by the company.
04/09/2020

Travel-tech startup Railofy collects seed cheque from Chiratae

Rodeo Travel Technologies Pvt. Ltd, which offers online ticket booking services through its Railofy app, has raised INR 7 crore in seed funding from venture capital firm Chiratae Ventures.
04/09/2020

Singapore, New York funds place first India bet on vernacular gaming platform WinZO

Tictok Skill Games Pvt Ltd, which operates vernacular real-money gaming platform WinZO, has raised USD 18 million in a Series B fundraising round led by Singapore-based Makers Fund and New York-based Courtside Ventures. Existing investor Kalaari Capital also participated in the round.
04/09/2020

SoftBank leads Series C funding for Sequoia-backed Biofourmis

Digital therapeutics firm Biofourmis Singapore Pte Ltd has raised USD 100 million in a Series C round of financing led by SoftBank’s Vision Fund 2.Other participants in this round include existing investors Openspace Ventures, MassMutual Ventures, Sequoia Capital and EDBI.
04/09/2020

Logistics service platform Trukky gets funding from Mumbai Angels Network

Trukky Logistics Services Pvt. Ltd, which operates an on-demand transportation platform, has raised an undisclosed funding from the Mumbai Angels Network.
04/09/2020

TPG-backed home renovation platform Livspace snags Series D funding

Livspace, a Singapore-headquartered home renovation platform, has raised USD 90 million from Kharis Capital, Venturi Partners, Singapore’s EDBI and Peugeot family holding company FFP. The series D funding also included backing from existing investors Ingka Investments, the investment arm of IKEA’s owner, TPG Growth, Goldman Sachs and Bessemer Ventures.
03/09/2020

Tiger & Kora in USD 250 Million Zomato funding round

Food ordering and restaurant discovery platform Zomato, has raised around USD 250 million collectively from Tiger, Kora and Singapore’s sovereign wealth fund Temasek, an existing investor. For now, Temasek has invested USD 60 million, while around USD 100 million each is coming from Tiger Global and Kora, a hedge fund […]
03/09/2020

Unacademy raises USD 150 Millionn round led by SoftBank at USD 1.45 Billion valuation

Unacademy has raised USD 150 million in a fresh round led by Softbank at a staggering valuation of USD 1.45 billion. Existing backers Facebook, Sequoia Capital, Nexus Venture Partners and Blume Ventures also participated in the round.
03/09/2020

Emotion analytics startup Entropik raises funding from Abu Dhabi fund, others

Entropik Technologies Pvt Ltd, an artificial intelligence startup focussed on emotion analytics, has raised USD 8 million in Series A funding led by Alpha Wave Incubation. Other participants in the round include existing investors Bharat Innovation Fund and IDFC Parampara Early Stage Opportunities Fund.
03/09/2020

3one4 Capital hits first close of third VC fund

Early-stage venture capital firm 3one4 Capital, has marked the first close of its third fund that seeks to raise USD 100 million, which is more than double the size of its previous fund. The new fund has received subscription for 40% of its targeted corpus.
03/09/2020

Abu Dhabi-backed fund leads funding for solar software startup Sensehawk

Solar software startup Sensehawk Technologies Pvt Ltd, has raised USD 5.1 million in fresh capital as part of its extended Series A funding round led by Alpha Wave Incubation, which is backed by Abu Dhabi’s state entity ADQ and managed by Falcon Edge Capital. Existing investor SAIF Partners also participated […]
03/09/2020

PremjiInvest-backed Koye Pharmaceuticals raises debt capital

Mumbai-based Koye Pharmaceuticals Pvt. Ltd has raised INR 30 crore debt capital from non-banking financial company BlackSoil Capital.
02/09/2020

Raghav Bahl-backed Quintype raises Series A funding from IIFL AMC

Quintype Technologies Pvt Ltd, which operates a software-as-a-service platform focussed on digital media publishers, has raised INR 25 crore in a Series A funding from IIFL AMC, which invested via its IIFL Seed Ventures Fund – Series 2 vehicle.
02/09/2020

Dunzo raises USD 16 million in first tranche of growth round from Google, Lightstone

Bengaluru-based Dunzo Digital, which runs an eponymous hyperlocal logistics platform, has raised about USD 16 million from returning investors Google and Lightstone in a growth funding round.
02/09/2020

Consumer electronics maker boAt pulls in venture debt from InnoVen

Imagine Marketing Pvt. Ltd, a startup that makes consumer electronics products under the boAt brand, has raised INR 25 crore in debt funding from InnoVen Capital.
01/09/2020

9Unicorns makes first close of INR 300-crore fund

Startup incubator Venture Catalysts has made the first close of its accelerator fund 9Unicorns at INR 100 crore. Modelled on the lines of Silicon Valley’s influential startup accelerator Y Combinator, the fund has a target corpus of INR 300 crore.
01/09/2020

Recruitment startup Apna.co raises USD 8 Million from Lightspeed, Sequoia

Apna.co, a recruitment platform for grey and blue collar workers, has raised USD 8 million in Series A funding from existing investors Lightspeed India and Sequoia Capital India. The round also saw participation from new investors Greenoaks Capital and Rocketship VC.
01/09/2020

Delhi-based startup TrulyMadly raises INR 8.1 Crore in Pre-series A round

TrulyMadly Matchmakers Pvt Ltd, the parent company of dating app TrulyMadly, has raised a Pre-Series A funding round of Rs 8.1 crore via Angelist, Inflection Point Ventures, and The Chennai Angels. Other participants include angel investors and entrepreneurs from firms such as Unacademy, Haptik, Innov8, Airbnb, and Times Internet.
01/09/2020

Byju’s backers Prosus, Zuckerberg foundation bet on Eruditus

Eruditus Learning Solutions Pte Ltd, which offers executive learning programmes, has raised USD 113 million in its Series D round of funding led by Prosus Ventures, a spin-off from South African investment firm Naspers. The Chan Zuckerberg Initiative and US-based ed-tech-focussed fund Leeds Illuminate also came on board as new […]
01/09/2020

Venture Catalysts, Beardo founders, others invest in The Healthy Company

The Healthy Company, which provides superfoods and other fitness products, has raised INR 2.55 crore from a clutch of investors including startup incubator and accelerator Venture Catalysts.
01/09/2020

Stride Ventures leads bridge funding for interior design startup HomeLane

Homevista Decor and Furnishings Pvt Ltd, which operates interior design platform HomeLane, has raised INR 60 crore in a bridge funding round. Stride Ventures has led the round with a INR 20 crore debt commitment and remaining INR 40 crore has come via equity funding from existing investors including Accel, […]
31/08/2020

YC-backed B2B startup Bikayi raises USD 2 Million from Mantis Ventures, others

Y Combinator-backed B2B startup Bikayi, which provides free WhatsApp-integrated ecommerce store setup with payment gateways and order tracking, has raised a seed round of USD 2 million from a clutch of international investors, including Mantis ventures, a VC fund promoted by the popular band Chainsmokers.
31/08/2020

Edtech startup Univ.AI raises investment from Biocon founder Kiran Mazumdar-Shaw

Univ.AI, the Bengaluru-based edtech startup with a focus on teaching artificial intelligence and data science online, has raised an undisclosed amount of funding from Biocon Executive Chairperson and Founder Kiran Mazumdar-Shaw.
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