Archive News


BharatX To Invest USD 15 Million In Ecosystem Over 18 Months

Startup accelerator BharatX will invest USD 15 Million over the next 18 months in the Indian startup ecosystem. BharatX will also facilitate access to leading corporations along with a dialogue with policymakers


Chargeup, a battery swapping network for electric two- and three-wheelers, has raised USD 7 Million in a pre-Series A1 round led by Capital-A and Anicut Capital along with other investors such as Ekta Kapoor, Sunil Kalra, and Sachin Mehra. The fresh funding will be used in expanding its services to […]


Unified user research platform Betafi raised USD 1.3 Million in pre-seed funding led by Together Fund, Entrepreneur First, and Titan Capital, along with the participation of Nir Eyal and founders from companies like Razorpay, Pine Labs, Snapdeal, Livspace, and others. Betafi is a moderated user research platform that makes it […]

Buyofuel Raises Pre-Series A Funding From IPV, Others

Online alternate fuel marketplace Buyofuel has raised over INR 11.5 Crore in a pre-series A round led by Inflection Point Ventures (IPV). The round also saw participation from Venture Catalysts, LetsVenture, Lead Angels Fund, and Gruhas Proptech. The startup has the largest supply base of quality-assured biofuels and fuel consumers, […]

South Korean KB Investment Invests In Elev8 Venture

South Korea’s financial services provider KB Group will be investing around USD 100 Million in former Kae Capital partner Navin Honagudi-led Elev8 Venture Partners through its subsidiary, KB Investment. KB Group has also joined hands with Elev8 as an anchor investor and Co-GP.

Niranjan Hiranandani, Shradha Sharma Back Goodfellows In Seed Round

Niranjan Hiranandani and YourStory’s founder Shradha Sharma invested an undisclosed sum of seed funding in Goodfellows, a senior companionship platform providing companionship to the elderly in their day-to-day activities. With the fundraise, the Ratan Tata-backed startup plans to strengthen its operations in Mumbai, expand services to new cities like Pune, […]

Eruditus Founder Ashwin Damera Backs Sportstech Platform KheloMore

Sportstech startup KheloMore has raised an undisclosed amount of funding from Damera Ventures, a family office of Eruditus’ founder Ashwin Damera and his spouse Bhagyashree Damera. It claims to have onboarded more than 5000 customers that use its pay and play sports avenues

ReadyAssist has raised USD 5 Million from Howen International Fund SPC

Bengaluru-based roadside assistance startup ReadyAssist has raised USD 5 Million from Howen International Fund SPC as a part of its ongoing pre-Series A funding round. The company will use the fresh funds to further boost its service network to bring in speed and availability through technology across India.

Insight Partners, Georgian Back Contentstack In Series C Round

Content experience platform Contentstack on Tuesday secured USD 80 Million in a series C funding round co-led by existing investors Insight Partners and Toronto-based Georgian Partners. The round also saw participation from Illuminate Ventures.

Simplilearn Raises USD 45 Million In A Series E Round

Simplilearn Solutions which provides a training destination for professional certification courses raised USD 45 Million in a Series E funding round, from a consortium led by GSV Ventures. The round also saw participation from Clal Insurance, and DisruptAD, ADQ’s venture platform

Healthtech Platform BeatO Snags USD 33 Million In Series B Round

Diabetes management platform BeatO has raised USD 33 Million in its Series B round of funding led by impact investor Lightrock India. The digital care platform also saw participation from its existing investors including healthcare focussed investor HealthQuad and e-commerce major Flipkart’s VC arm, Flipkart Ventures among others

SphitiCap Makes Third Bet From Maiden Fund

Sector-agnostic early-stage fund SphitiCap has invested USD 9 Million in Noida-based electric mobility firm Corrit Electric as a part of its Series A funding, marking the third bet from its maiden fund. The startup plans to use the fresh funds to further its vision of onboarding 1.50 lakh e-bikes over […]

Mirchi Parent ENIL Picks Up Minority Stake In Spardha

Private frequency modulation brand Radio Mirchi has bought a minority stake in online music platform Spardha. It is its first external investment with an aim to deepen strategic bets and build shareholder value and also scale up Mirchi as a mobile-first entertainment brand

Instant Food Brand Yu Snags Fresh Series A Funding

Yu, an instant food brand secured Series A funding of USD 2.4 Million in a mix of equity and debt. The round was led by independent investor and stock market trader Ashish Kacholia, with existing investors, Asian Paints’ promoter group Manish Choksi and Varun Vakil. Yu will deploy the fresh […]

Agritech Startup WayCool Backs Logistics Startup AllFresh

Agritech startup WayCool has invested in supply chain management startup AllFresh. The investment is part of Waycool’s strategy to create a Keiretsu in the global food supply chain. Keiretsu refers to building a business network, which is inclusive of diverse companies including manufacturers, supply chain partners, distributors, and financial institutions, […]

Lentra Raises USD 60 Million In Series B Round

HDFC Bank-backed lending software provider Lentra has raised USD 60 Million in its Series B funding round, led by existing investors Bessemer Venture Partners (BVP) and Susquehanna International Group (SIG) and with participation from Citi Ventures. The latest round valued the company at USD 400 Million.

Yulu Bikes Rakes In USD 9 Million From US DFC

Yulu Bikes Pvt. Ltd, which operates e-mobility-based transport startup Yulu has secured loan of USD 9 Million from US government’s Development Finance Corporation (DFC). The Bengaluru-based firm will use the fresh funds to further boost its green mobility alternative.

Ghost Kitchens Buys Ex-Capgemini Exec Floated Restaurant Chain

Foodtech startup Ghost Kitchens has acquired Kolkata-based restaurant chain Where’s The Food for an undisclosed amount in a share swap deal. With this buyout, Mumbai-based Ghost Kitchens aims to scale up its business operations, including partner scrutiny on-boarding process, inventory intelligence and finance reconciliations, among others

Singaporean BPC Brand Ploughs USD 10 Million In Ahmedabad-Based Iba Cosmetics

Clean beauty platform Iba Cosmetics has secured USD 10 Million from Singapore-based beauty and personal care products company Believe Pte Ltd, in a Series B capital raise. The Ahmedabad-based startup will use the fresh funds to expand its geographical footprint and brand scale up.

Automovill has raised INR 2.15 Cr funding round led Inflection Point Ventures

Mobility solution provider Automovill has raised INR 2.15 Cr as a part of its pre-Series A funding round led by angel network Inflection Point Ventures. The startup will use the fresh funds to expand its marketing and operations as well as product portfolio.

Amagi Raises Over USD 100 Mn At USD 1.4 Billion Valuation

Media technology startup Amagi has secured over USD 100 Million in a fresh raise from global private equity firm General Atlantic, taking the company’s valuation to USD 1.4 Billion. The Bengaluru-based firm plans to use the fresh funds to strengthen its support infrastructure for customers and invest in artificial intelligence-driven […]

Alpha Wave, Aspada, Others Back Healthcare Startup Even

Even Healthcare has raised USD 15 Million from Alpha Wave and Aspada. The new investors will join existing investors Khosla Ventures, Founders Fund, Lachy Groom, Palo Alto Networks chief Nikesh Arora, Cred CEO Kunal Shah, and DST Global partner Tom Stafford.

Bold Finance Bags Seed Fund From Kae Capital, Others; To 3X Its Gold Loan Partners

Fintech startup Bold Finance has raised a seed funding of USD 1.5 Million in a round led by Kae Capital. The funding round also saw participation from existing investors Antler India and Uni Cards’ Nitin Gupta, Stride Venture’s Ishpreet Gandhi McKinsey’s Shashikant Dola, Avail Finance’s Tushar Mehndiratta, ITC PSPD’s Vadiraj […]

Garuda Aerospace Raises USD 5 Million To Build Advanced Drone Solutions For Armed Forces

Drone startup Garuda Aerospace has secured USD 5 Million in funding from a large infra-development company, a group of HNI and angel investors from India, UAE and Singapore. The startup will utilize the funds to build advanced drone solutions for the armed forces in collaboration with global giants from the […]