Archive News

12/04/2023

Walmart-owned PhonePe has raised another USD 100 Million from existing investor General Atlantic

Walmart-owned PhonePe, a Digital Wallet & Online Payment App that allows you to make instant Money Transfers with UPI has raised another USD 100 Million from existing investor General Atlantic. PhonePe will use the fresh funds to scale up its payments and insurance businesses, as well as new businesses such […]
12/04/2023

Oneistox Secures Funding From YC, Powerhouse To Upskill AEC Professionals

Upskilling startup Oneistox, offers professionals from the architecture, engineering, and construction (AEC) industry with tech-first skills has raised seed funding of USD 1.2 Millionn from Y Combinator, Powerhouse Ventures, and Soma Capital. The round also saw participation from Amit Ranjan, cofounder of SlideShare, and Deepak Menon, VP, Microsoft.
11/04/2023

EV startup Raptee receives INR 3.27 Cr in grants from ARAI

Electric vehicle motorcycle startup Raptee has secured a grant of INR 3.27 Cr from Automotive Research Association of India (ARAI). The grant was given Advance Mobility Transformation and Innovation Foundation (AMTIF). The company plans to utilise the raised funds for the development of the design and the motorcycles core high […]
11/04/2023

MPL’s Mayhem Studios Raises USD 20 Million From Sequoia India, Steadview

Mayhem Studios, the mobile game development arm of gaming unicorn MPL, has raised USD 20 Million in its Series A round led by Sequoia Capital India, with participation from Steadview Capital, Truecaller, and others. The startup plans to deploy the incoming funds to boost its capabilities and develop new games […]
11/04/2023

D2C Beauty Startup RAS Bags Funding To Strengthen Its Farm-To-Face Product Play

RAS, the Indian farm-to-face skincare and personal, D2C hygiene startup has raised USD 1.5 Million from Green Frontier Capital (GFC). The funding round also saw participation from its existing investors. RAS claims to be producing agro-based products for personal hygiene and beauty.
11/04/2023

Meme marketing platform Wldd has raised seed funding of USD 1.25 Million from Negen Capital.

Meme marketing platform Wldd, helps brands connect better to their audience with meme culture has raised seed funding of USD 1.25 Million from Negen Capital. The firm plans to use the fresh capital to scale up its growth.
11/04/2023

Workspace interior firm OfficeBanao has secured USD 6 Million from Lightspeed

Workspace interior firm OfficeBanao, a platform for designers, architects, contractors, office furniture, and material suppliers providing an entire array of commercial interiors has secured USD 6 Million from Lightspeed as part of seed funding exercise.
10/04/2023

KFintech acquires WebileApps

KFin Technologies Limited (KFintech), a provider of global investor and issuer solutions, has acquired 100% stake in WebileApps, a Hyderabad-based enterprise product development and design firm for an undisclosed amount. Post this investment, WebileApps will become a wholly-owned subsidiary of KFintech. The acquisition will integrate KFintech’s deep domain knowledge with […]
10/04/2023

Blockchain Startup Huddle01 Bags Funding To Build Decentralised Real-Time Communication Network

India and US-based video conferencing platform Huddle01, which is building a decentralized real-time communication (dRTC) network has raised USD 2.8 Million in a seed funding round from blockchain investment firm Hivemind. Other investors such as Temasek’s Web3 arm Superscrypt, M31 Capital, Protocol Labs, East Ventures, Longhash Ventures, Good News Ventures, […]
10/04/2023

Gurugram-based coworking aggregator platform Stylework has raised USD 2 Million as a part of its Series A1 funding round.

Gurugram-based coworking aggregator platform Stylework has raised USD 2 Million as a part of its Series A1 funding round. The round saw participation from a host of institutional investors including Capri Global Holdings and QI Ventures among others, with undisclosed family offices. Existing backers We Founder Circle, India Accelerator’s angel […]
10/04/2023

Celcius Completes Series A Round With Cheque From IvyCap Ventures

Celcius Logistics Solutions Pvt Ltd, which operates the cold chain marketplace Celcius has raised an undisclosed amount from IvyCap Ventures in Series A funding round. Celcius has completed its Series A funding round to take the total amount to INR 100 Cr.
10/04/2023

JSW’s B2B E-Commerce Arm Raises Series A Funding

JSW Group’s business-to-business (B2B) e-commerce arm, JSW One Platforms, the platform caters to manufacturing and construction industries, basically servicing the building material needs of industrial and construction MSMEs, has raised USD 25 Million in a Series A funding round from Japan’s Mitsui & Co.
06/04/2023

LAST9 RAISES USD 11 Million IN SERIES A ROUND LED BY SEQUOIA CAPITAL INDIA, BETTER CAPITAL

Last9, a software reliability platform that helps engineering and DevOps teams measure, track, and improve software reliability, has raised USD 11 Million in a Series A round led by Sequoia Capital India, with participation from co-investor Better Capital and angel investors.
06/04/2023

Imarticus Learning acquires HeroMindmine

Professional education firm Imarticus Learning – An edtech platform which offers industry-specific education, has acquired Hero Group platform Hero Mindmine for an undisclosed amount. The objective of the acquisition is to create a comprehensive and holistic sales excellence academy, providing end-to-end sales training solutions.
06/04/2023

Curefoods raises INR 300 Cr led by Binny Bansal’s Three State Capital

Cloud kitchen brand Curefoods, it provide food which can suit the palette of customers daily while keeping in mind their nutrition needs, has raised INR 300 Cr in an equity and debt round led by Binny Bansal’s fund Three State Capital. Three State Capital invested INR 240 Cr while the […]
05/04/2023

Healthtech Platform Dozee Bags USD 6 Million Funding From SBI, Prime Venture, Others

Healthtech startup Dozee has raised USD 6 Mn as part of its Series A2 funding round from existing investors Prime Venture Partners, 3one4 Capital, and YourNest VC. The funding round also saw participation from new backers such as State Bank of India, J&A Partners family office, and Dinesh Mody Ventures. […]
05/04/2023

Speciale Invest Launches INR 200 Cr Fund To Scale Up Investments In Portfolio Startups

Venture capital (VC) firm Speciale Invest announced the launch of an INR 200 Cr growth fund. The firm plans to close the fund in the next three to four months. Speciale Invest will deploy the new fund to invest in its portfolio startups. Called Speciale Invest Growth Fund I, the […]
05/04/2023

EV Startup Magenta Mobility Raises USD 22 Million From bp, Morgan Stanley To Increase Fleet Count

Mumbai-based electric mobility startup Magenta Mobility announced that it has raised USD 22 Million in its Series A1 funding round from UK-based energy major bp and Morgan Stanley India infrastructure. The startup is planning to use the fresh funds to increase its fleet of vehicles, penetrate more cities across the […]
05/04/2023

Upstox Backer BlackSoil Snags USD 25 Million In Fresh Round

Alternative credit platform BlackSoil Capital has raised USD 25 Million via bank debt, non-convertible debentures, AIF commitments and direct co-investments from banks, family offices, corporate treasuries and high-net-worth individuals.
05/04/2023

Kites Senior Care raised USD 2 Million in a pre-Series A funding round from Ranjan Pai’s Manipal Education and Medical Group (MEMG) family office.

Lifebridge Senior Care Pvt. Ltd which operates the healthcare startup Kites Senior Care raised USD 2 Million in a pre-Series A funding round from Ranjan Pai’s Manipal Education and Medical Group (MEMG) family office. The Bengaluru-based startup plans to use the funding secured to scale operations in Bengaluru and expand […]
05/04/2023

Ossus Biorenewables has raised USD 2.4 Million in a pre-Series A funding round from proptech investment firm Gruhas and Rainmatter Climate.

Climatetech startup Ossus Biorenewables has raised USD 2.4 Million in a pre-Series A funding round from proptech investment firm Gruhas and Zerodha-backed non-governmental organization (NGO) Rainmatter Climate. The Bengaluru-based startup intends to deploy the funding secured to scale up the manufacturing of its bioreactors, product development and geographical expansion across […]
05/04/2023

Apptile has secured USD 2.5 million in a seed funding round from Mankekar Family Office and Ramakant Sharma

SaaS startup Apptile has secured USD 2.5 Million in a seed funding round from Mankekar Family Office and Ramakant Sharma (Livspace). The Bengaluru-based startup plans to deploy the funds for the launch of its platform and hire talent.
05/04/2023

Zero Cow Factory has raised USD 4 Million in a seed funding round co-led by Green Frontier Capital, GVFL, and pi Ventures.

Biotechnology startup Zero Cow Factory has raised USD 4 Million in a seed funding round co-led by Green Frontier Capital, GVFL, and pi Ventures. The round also saw participation from Pascual Innoventures, the investment arm of the Spanish dairy group Calidad Pascual. The Surat-based startup aims to utilize the funding […]
05/04/2023

LightMetrics has raised USD 8.5 Million in a Series A funding round from Sequoia Capital India.

Artificial intelligence (AI)-based video telematics startup LightMetrics has raised USD 8.5 Million in a Series A funding round from Sequoia Capital India. The startup plans to deploy it towards product development, hiring and domain expansion focused on auto insurance.
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