Archive News

29/06/2021

Airblack raises USD 5.2 million from Info Edge Ventures, Elevation Capital

Airblack, an online makeup and beauty learning platform, has raised USD 5.2 million in a Series A funding round led by Info Edge Ventures and Elevation Capital.
29/06/2021

LocoNav raises USD 37 Million to scale its AI-driven fleet-tech platform

LocoNav Inc, a full-stack fleet software company focused on democratising access to technology for drivers and fleet owners, has raised USD 37 million in a Series B round. The new funding came from Quiet Capital, Anthemis Group, Sequoia Capital India, Foundamental, RIT Capital Partners, Uncorrelated Ventures, Village Global, and others.
29/06/2021

Social music app Humit raises pre-seed round led by Antler India

Social media platform for bite-sized audio sharing and discovery app Humit, raised an undisclosed pre-seed round led by Antler India, with participation from First Cheque.
29/06/2021

Ayurvedic wellness startup Auric raises USD 2 Million in pre-Series-A round led by Venture Catalysts, others

Ayurvedic health and wellness startup Auric, has raised USD 2 million in a pre-Series-A round co-led by Venture Catalysts, Cactus Venture Partners, and 9Unicorns. Karthik Bhat via AngelList and Capital-A (Manjushree Ventures) also participated in the round.
29/06/2021

Online teaching academy enabler Edmingle raises USD 300K from SucSEED Indovation Fund, Mumbai Angels, others

Edmingle, the online teaching academy enabler, has secured USD 300,000 from Hyderabad-headquartered SucSEED Indovation Fund, Mumbai Angels, and other angels.
28/06/2021

Content startup Pratilipi raises INR 20 crore debt from Alteria Capital

Venture debt firm Alteria Capital, has invested INR 20 crore in regional language self-publishing platform Pratilipi.
28/06/2021

Krafton invests in Indian video game streaming startup Loco

Loco, a streaming platform for video games, has received USD 9 million from investors including South Korean gaming company Krafton Inc. in its first fundraising effort to capitalize on the growing popularity of games-based entertainment in the South Asian nation.
28/06/2021

Logistics startup GoBolt raises USD 20 million from Paragon Partners, others

GoBolt an end-to-end logistics solutions provider that gives line haul express solutions to the e-commerce and non-e-commerce industry, has raised USD 20 million in its Series B round, led by Paragon Partners Growth Fund II. Existing investor Aavishkaar Capital also participated in the funding round. The capital raising round includes […]
28/06/2021

Fintech startup Slice raises USD 20 million from Gunosy, Blume Ventures

Fintech startup Slice, which offers customers flexibility in paying credit card bills and reward points on transactions, has raised USD 20 million in equity funding from existing investors Gunosy and Blume Ventures at an undisclosed valuation.
28/06/2021

Abu Dhabi Investment Authority picks up minority stake in MobiKwik for USD 20 Million

The UAE’s sovereign wealth fund Abu Dhabi Investment Authority has picked up a minority stake in the IPO-bound digital payments player MobiKwik for nearly USD 20 million, valuing it at USD 700 million.
28/06/2021

WealthDesk closes its pre-Series A funding round at USD 3.2 million

WealthDesk, an investment technology platform, has raised USD 3.2 million in its pre-Series A round from former Blackstone Group executive Mathew Cyriac.
25/06/2021

Tiger Global leads USD 65 million Series C round in Classplus

Classplus, a SaaS based platform that digitises offline coaching institutes, has closed its Series C round at USD 65 million. The round was led by alternative investment firm Tiger Global Management and valued Classplus parent Bunch Microtechnologies at USD 250 million. GSV Ventures, Alpha Wave Incubation, Blume Ventures and RTP […]
25/06/2021

LegalPay raises additional capital, ventures into Interim Financing

Tech-based litigation platform LegalPay, has raised an undisclosed funding round led by the former head of Thomas Cook, Ashwini Kakkar. 9Unicorns, an accelerator VC fund, also participated in the round.
25/06/2021

B2B social commerce platform ApnaKlub raises undisclosed amount in pre-Series A round from Blume Ventures and Whiteboard Capital

ApnaKlub, a homegrown social commerce platform, has raised an undisclosed amount in pre-Series A round led by Blume Ventures and Whiteboard Capital. Bengaluru-based startup aims to disrupt the traditional wholesale FMCG distribution landscape in India through its reseller-led B2B platform for retailers and wholesalers based in Tier II, Tier III […]
25/06/2021

Wellness startup Green Cure raises pre-Series A round from Venture Catalysts

Delhi-based wellness startup Green Cureon, has raised an undisclosed pre-Series A round from Venture Catalysts.
25/06/2021

Nobel Hygiene raises INR 450 Crore led by Quadria Capital

Nobel Hygiene, a manufacturer of disposable hygiene products, has raised around Rs 450-Rs 500 crore from investors led by healthcare-focused private equity fund Quadria Capital. After the latest funding, Quadria will own a significant minority stake in the company.
25/06/2021

Life sciences venture firm Vida Ventures raises USD 825 million for third fund

Life sciences venture capital firm Vida Ventures, has raised USD 825 million in an oversubscribed funding round for its third fund from existing and new blue-chip institutional investors across the globe. Vida III fund will focus on identifying and investing in transformative biomedical innovations.
25/06/2021

WINDO raises seed round led by Unicorn India Ventures

Rare Bits Technology, the Bengaluru-based parent of SaaS platform WINDO, has raised USD 500,000 in a seed round led by venture capital firm Unicorn India Ventures.
24/06/2021

EV battery startup Grinntech closes bridge round of around USD 2 Million

Grinntech, a startup specialising in lithium-ion batteries for electric vehicles and energy storage systems, has closed a bridge round of around USD 2 million, where all the existing investors have fully subscribed to the offer.
24/06/2021

Insurtech startup BimaPe raises USD 545K in pre-seed round led by Lightspeed India Partners, Titan Capital, and other investors

Mumbai-based insurtech startup BimaPe that simplifies insurance for working professionals, has raised USD 545,000 in its pre-seed round of funding led by Lightspeed India Partners, Titan Capital, iSeed, and Gemba Capital.
24/06/2021

Edtech startup MicroDegree raises undisclosed sum from RIIDL and others

MicroDegree an online education platform, working towards democratizing IT and Job-ready skills for the Bharat market through vernacular courses, has raised an undisclosed amount in a recent funding round that was led by investors including Siddharth H Somaiya, Founder and CEO at Organic Riot in an Individual capacity and RIIDL […]
24/06/2021

Synapsica Healthcare Raises Series A Funding From IvyCap, Endiya Partners

Synapsica a healthtech startup that provides AI-enabled automation of diagnostic radiology workflow and reporting, has raised USD 4.2 Mn funding in its Series-A funding round led by venture capital funds IvyCap Ventures and Endiya Partners. The funding round also saw participation from Silicon Valley-based incubator Y Combinator, and other angel […]
24/06/2021

Rocketlane raises USD 3 Million co-led by Matrix Partners India and Nexus Venture Partners

Transformative customer onboarding software platform Rocketlane, has raised USD 3 million in seed funding led by Matrix Partners India and Nexus Venture Partners. The funding also saw participation from angel investors.
24/06/2021

Wellbeing Nutrition Raises USD 2.2 Million In Series A Led By Fireside Ventures

Wholefood nutrition company Wellbeing Nutrition that trusts plant-based ingredients to deliver wellness to individuals, has raised USD 2.2 million in a Series A round led by Fireside Ventures. ACG, an integrated solutions provider for pharmaceutical and nutraceutical industries, also participated in the round.
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