Archive News


Fintech Startup Galgal Raises Seed Funding

Fintech startup Galgal Money has raised USD 1 Million in seed funding from angel investors. The funds have enabled the startup to launch the app at a rapid time-to-market pace and accelerate customer acquisition. Besides, the firm intends to invest in product development to rapidly enhance customer experience and focus […]

Norwest Backs Software Consulting Startup Celebal Tech, Pumps In USD 32 Million Capital

Jaipur and California-based software consulting platform Celebal Technologies has raised USD 32 Million in minority growth investment from venture capital (VC) firm Norwest Venture Partners. The startup will use the funding to expand to new territories such as Europe, Middle East and Japan. The investment will also be deployed to […]

IPO-Bound B2B Unicorn Udaan Raises Funding From Temasek’s EvolutionX Debt Capital

B2B ecommerce platform Udaan has raised an undisclosed amount of debt funding from the growth stage debt financing platform EvolutionX Debt Capital. The fresh capital will improve the startup’s financial strength as well as continue to drive its operational efficiencies with an enhanced focus on achieving profitable growth

Kae Capital Closes Third Fund

Early-stage venture capital firm Kae Capital announced the final close of its third fund with a corpus of USD 94 Million. The third fund will primarily invest in fintech, SaaS (software-as-a-service), consumer tech, B2B (business-to-business) commerce, health tech, direct-to-consumer (B2C) brands and gaming startups

Binny Bansal Invests In HR Tech Startup HireQuotient

Singapore-based HireQuotient, which automates HR interviews for companies has raised additional an undisclosed amount of funding in a round led by Flipkart co-founder Binny Bansal.

Coffee Startup Beanly Raises Funding From Clutch Of Angel Investors

Beanly Beverages Private Limited, a coffee brand has raised an undisclosed sum in seed funding from Dr. Annurag Batra, Chairman at BW Businessworld and exchange4Media Group. The round also saw participation from founders at Sirona Hygiene Deep Bajaj and Mohit Bajaj, startup Investor Rohit Jain, Vikash Chowdhury, and Abhishek Ravi.

Motovolt Raises Capital In Pre-Series A Round

Kolkata-based electric-cycle maker Motovolt Mobility has raised INR 16 Cr in a pre-Series A round. Investors such as listed PPAP Automotive, Vikrampati Singhania of JK Family; Ankur Agarwal of Crystal Crop; Vikas Bagaria of D2C company Pee Safe; Dubai-based Transworld Group’s family office Wami Capital along with other family offices […]

SIG Venture, Tanglin Back RapidBox In A Series A Round

D2C Brand RapidBox has raised USD 4.5 Million in a Series A round led by SIG Venture Capital, Tanglin Venture Partners, India Quotient, among others. The company plans to deploy these funds to expand its product range, enhance customer experience and bolster brand building.

Amagi Acquires US-Based Streamwise To Scale Data Solutions

Media-focused SaaS startup Amagi has acquired US-based data platform for content distributors, Streamwise, for an undisclosed amount. Streamwise CEO Doug Shineman will join Amagi as the business development head for its new analytics vertical

Transition VC Launches INR 400 Cr Maiden Fund To Back Cleantech Startups

Bengaluru-based venture capital (VC) firm Transition VC has launched its maiden fund worth INR 400 Cr to back startups across cleantech segments such as emobility, green hydrogen, energy storage, net zero and climate tech. The VC company will write cheques worth between USD 500K-1 Million.

Healthcare Startup Sukoon Secures USD 15 Million From Lightrock India

Gurugram-based hospital chain startup Sukoon has raised USD 15 Million from venture capital firm Lightrock India. As part of the deal Lightrock India has bought a significant stake in the startup

Indian Actress Kajal Aggarwal Backs D2C Ayurvedic Startup TAC

D2C ayurvedic beauty and personal care brand The Ayurveda Co (TAC) has received investment from Indian actress Kajal Aggarwal in a Series A funding round, which has a corpus of USD 15 Million

Edmingle has raised USD 1 Million Round led by the Indian Angel Network (IAN)

Edmingle, a SaaS platform for small and medium-sized training and coaching businesses, has raised USD 1 Million in its Pre-Series A Round led by the Indian Angel Network (IAN). The round saw participation from Keiretsu Forum who also joined the Pre-Series A round, along with previous investors, SucSEED Indovation Fund […]

Bonatra has raised INR 5.5 Cr in a pre-seed round led by ITI Growth Opportunities Fund

Bonatra, a doctor-led IoMT (Internet of Medical Things) start-up for men’s health issues, has raised INR 5.5 Cr in a pre-seed round led by ITI Growth Opportunities Fund. The funds will be used to expand technology and product offerings, build the team, and grow the customer base.

Soptle has raised USD 300,000 in an angel round led by Kube VC and Soonicorn LLP

Soptle, a technology platform for manufacturers has raised USD 300,000 in an angel round led by global early-stage venture firm Kube VC and Soonicorn LLP. The round saw participation from Vaishnav Shetty (Executive Director of All-Cargo Group), Pirojshaw Sarkari (CEO of Gati Ltd), Ankur Agarwal (Co-founder of Dunzo), Saurabh Aggarwal […]

Qualcomm Ventures, Lingotto Joins Ultraviolette’s Series D Round

Electric two-wheeler startup Ultraviolette Automotive Pvt Ltd has raised additional funding from Qualcomm Ventures and Lingotto (formerly Exor Capital) to expand the Series D round. The undisclosed amount of investment is part of an ongoing Series D round of funding that valued the company at USD 300 Million.

Sequoia, Y Combinator Back RedBrick AI

RedBrick AI, a healthtech platform has raised USD 4.6 Million in a seed funding round led by Sequoia India and Southeast Asia’s Surge with participation from Y Combinator

Battery Startup Clean Electric Raises Funding To Set Up A Manufacturing Facility

Battery startup Clean Electric has raised USD 2.2 Million in its seed funding round led by Kalaari Capital. Climate Angels, LV Fund, 7Square Ventures, and CIIE Regional Innovation Foundation also participated in the funding round. The startup will use the fresh funds for developing new products for faster charging, renewable […]

AUM Ventures Sets Up VC Fund For Indian Startups

Venture capital firm AUM Ventures has launched its maiden VC fund for Indian startups. With this fund, AUM aims to bring its Indian portfolio companies to the UAE and further help them set up their regional base at ADGM. It will also invest in nascent sectors that have gained investors’ […]

Bira 91 Raises USD 70 Million From Kirin Holdings

Indian beer startup Bira 91 has raised USD 70 Million from the Japanese beverage conglomerate Kirin Holdings. Kirin has increased its stake in the beer startup from below 10% to nearly 20%.

Climate Angels Invests In Clean Electric

Angel investment syndication platform for pollution reduction and climate tech startups Climate Angels has invested in Clean Electric, an energy storage solutions startup, and helped it raise USD 2.2 Million in a seed round led by Kalaari Capital. The round also saw participation from LV Fund, 7Square Ventures, and CIIE […]

Sixth Sense Ventures Backs ProcMart In A Series A Round

Business-to-business (B2B) marketplace ProcMart raised USD 10 Million in a Series A round from Sixth Sense Ventures LLP, the sole participant in the round. The company plans to deploy these funds to expand its international operations, strengthen vendor partnerships, and upgrade the firm’s technological and warehousing capabilities

D2C Startup NirogStreet Bags USD 12 Million Funding To Strengthen Supply Chain, Product Offerings

D2C ayurvedic startup NirogStreet has secured USD 12 Million in Series B funding round led by Jungle Ventures. Spiral Ventures, ICMG Co-Creation Fund, family office of investor Anthony Weldon and angel investors DoorDash’s Gokul Rajaram and SMBC’s Rajeev Kannan also have participated in the round

VuNet Raises Fresh Series A Funding

Analytics company VuNet-Funding has raised USD 5 Million in Series A funding round led by Mela Ventures and Athera Venture Partners, formerly Inventus India. The round also saw participation from Dallas Venture Capital and TVS Capital Funds