Archive News


Sequoia-Backed Hippo Video Secures USD 8 Million Funding To Scale US Footprint, Expand Portfolio

Video-based software-as-a-service (SaaS) platform Hippo Video has raised USD 8 Million in a strategic funding round led by venture capital firm Dallas Venture Capital (DVC). The funding round also saw participation from other investors such as Alpha Wave Incubation, KAE Capital, and Exfinity Venture Partners. The capital will be deployed […]

Neobank Jupiter Acquires HRtech Startup sumHR To Boost Salary Account Offerings

Bengaluru-based neobank startup Jupiter has acquired HRtech startup sumHR. The acquisition has helped Jupiter to further magnify its bouquet of innovative banking solutions. Corporates can directly facilitate employees to open salary accounts through HR tools such as sumHR while leveraging low-cost HR tools with rich features

Infurnia Secures Funding From Clutch Of Angel Investors

Architecture and interior design software-as-a-service (SaaS) company, Infurnia Technologies has raised USD 1 Million in a funding round led by angel investors Yogesh Chaudhary (Jaipur Rugs) and Bhupinder Singh, (ex-Bentley Systems). The round also saw participation from Bollywood singer Jasleen Royal and Bunty Sajdeh (Cornerstone). The company aims to utilise […]

HireSure.Ai Raises Seed Funding

HRtech platform, has raised USD 2.5 Million in a seed funding round co-led by YCombinator and Binny Bansal’s Three State Capital. The round also saw participation from San Francisco-based Tribe Capital and Pioneer fund. The company plans to utilize the funding received towards product development, hiring talent and strengthening […]

EV-Focused Mufin Green Finance Raises Debt Round

Listed non-banking financial company (NBFC) Mufin Green Finance Ltd. has raised USD 7 Million in debt funding by way of green bonds from impact investment firm, Symbiotics Investments. The company plans to utilize the funding received towards strengthening its retail electric vehicle (EV) portfolio for two and three-wheelers across the […]

LoanKuber Secures Funding To Offer Customized Mortgage Loans To MSMEs

Sociallending Technologies and Holdings Pvt Ltd, which operates mortgage lending platform LoanKuber has secured USD 2 Million as part of its Series A capital raise led by existing investor Inflection Point Ventures. The round also saw participation from Accolade Holdings and LetsVenture, with angel investors including Prashant Tandon (1Mg), Pankaj […]

Accel-Backed Venwiz Raises USD 8.3 Million In Series A Round

Venwiz has raised USD 8.3 Million in a Series A funding round, led by Sanjay Nayar’s early-stage tech-focused venture capital company, Sorin Investments. The round also saw participation from existing investors Accel and Nexus Venture Partners along with new investors Jafco Asia, Riverwalk Holdings, Force Ventures, and angel investors like […]

PhonePe raises USD 100 Million more in ongoing round

Digital payments platform PhonePe has raised another USD 100 Million in primary capital from Ribbit Capital, Tiger Global, and TVS Capital Funds, at a pre-money valuation of $12 billion. With this second tranche, it has already raised USD 450 million within six weeks from leading investors. PhonePe plans to deploy […]

InsuranceDekho Raises USD 150 Million Funding From Goldman Sachs, TVS Capital Funds, Others

InsuranceDekho has raised USD 150 Million in a Series A funding round, which was a mix of equity and debt. The round also included USD 36.5 Million funding that it raised earlier. The equity round was led by Goldman Sachs Asset Management and TVS Capital Funds, and also saw participation […]

Supplytech Startup Prozo Raises USD 5.4 Million Led By Sixth Sense Ventures

Supplytech startup Prozo has raised USD 5.4 Million in a Pre-Series B round via a combination of equity and debt financing led by Sixth Sense Ventures. The round also saw participation from JAFCO Asia and other investors. The Gurgaon-headquartered startup will use the fresh funds to expand its client base, […]

Penta Esports Parent Gets Infusion From NCore Games

Newgen Gaming, which runs esports brand Penta Esports has secured USD 1 million from nCore Games in its maiden capital raise. The fresh funds will be deployed for hiring, product growth and expanding its geographical footprints. Newgen Gaming was founded by Anurag Khurana, Kiran Noojibail, Akshay Paul and Krishanu Ghosal […]

Kae Capital, Whiteboard, Others Back B2B Firm Onwo

Bengaluru-based business-to-business (B2B) platform Onwo has secured USD 1.6 Million in a seed funding round led by Kae Capital. The round also saw participation from Whiteboard Capital, 2 am VC, Kettleborough VC, Climber Capital and Point One Capital, among others. The fresh funds will be deployed for hiring and platform […]

Venture Catalysts, TSM, Others Back Education Financier Lorien

Education loan provider Lorien Finance has raised seed funding of USD 1.8 Million led by Venture Catalysts. The round also saw participation from TSM Ventures and a host of angel investors including Kunal Shah (Cred), Suhail Sameer (Ex-BharatPe), Aman Gupta and Sameer Mehta (boAt), among others. Founded by Nikhil Mudgal, […]

Matrix and Lightspeed invest in Stable Money

Fintech startup Stable Money has raised USD 4.5 Million in its Series A round led by Lightspeed and Matrix Partners. Stable Money intends to use the fresh funds to scale its operations, spread financial awareness, and other information technology related services.

FAU-G Maker nCore Games Invests In Esports Startup Newgen Gaming

Gaming startup Newgen Gaming has raised USD 1 Million funding from mobile games and interactive entertainment company nCore Games. Using the fresh capital, the startup plans to focus on expanding its team, offerings and operations across South Asia and MENA regions.

ONWO Secures Funding To Help Indian Food Manufacturers With Wider Reach

B2B ecommerce platform ONWO (One World) has raised USD 1.6 Million in a seed funding round led by Kae Capital. Whiteboard Capital, 2am VC, Kettleborough VC, Climber Capital, Point One Capital, Mekin Maheshwari, Srinivas Anumolu and other angel investors also participated in the round. ONWO will use proceeds to expand […]

Garuda Aerospace Raises USD 22 Million In Series A Round

Drone maker Garuda Aerospace has raised USD 22 Million in a Series A round led by early-stage venture capital company SphitiCap. The round also saw participation from other global investors, angel investors, and high-net-worth individuals (HNIs)

Sequoia leads maiden funding round for Rartogo

Rartogo, a platform for sourcing and exports of auto aftermarket parts has raised USD 4 Million in its maiden funding round led by Sequoia and some angel investors.

TABP Snacks and Beverages Secures Funding From LC Nueva AIF, Others

TABP Snacks and Beverages, which leads food brand Tanvi Foods has raised INR 20 Cr in a Pre-Series A funding round led by LC Nueva AIF and angel investor Arun Mukherjee. Angel investors including Koushik Chatterjee of Tata Steel, and Aniruddha Sarkar of Quest Investment, among others also participated in […]

Healthtech Startup MediBuddy Acquires Indian Business Of US-Based Aetna

Bengaluru-based telemedicine startup MediBuddy has acquired the Indian business of US-based Aetna Inc, vHealth by Aetna to expand its footprint in the country. Over the next six months ‘vHealth by Aetna’ business will transition and will be rebranded as ‘MediBuddy vHealth’

SIG, Exfinity, Others Write USD 11 Million Cheque To Rezolve

Artificial intelligence-backed employee service desk platform Rezolve has secured Series A funding of USD 11 Million led by SIG Venture Capital, with participation from Exfinity Venture Partners, 9Unicorns and Tri Valley Ventures. The startup plans to use the fresh funds to scale up its employee service experience and growth

Intents Mobi Secures Fresh Funding

Navigation firm Intents Mobi has raised USD 181,775 in an extended bridge funding round from The BarberShop with Shantanu – Raiser’s Edge. The fresh proceeds will be deployed for growth and expansion.

Sequoia’s Surge, Others Invest In SaaS Firm Hatica

Software-as-a-service (SaaS) startup Hatica has raised seed funding of USD 3.7 Million led by Sequoia Capital India’s accelerator programme Surge. The round also saw participation from existing investor Kae Capital, with Akshay Kothari (Notion), Apurva Dalal (Twitter), Punit Soni (Google) and Pratyus Patnaik (Okta) among others. The gurugram-based firm aims […]

Short-Video App Chingari Bags Funding From Aptos Labs To Enter New Markets

Short-video app Chingari has received equity funding from Aptos. The Bengaluru-based startup didn’t disclose the financial details of the transaction. Company will use the fresh funds for user growth, product development, global expansion, and to ramp up its engineering team.