Archive News

12/05/2021

Locobuzz gets pre series A funding from SIDBI Venture Capital

Locobuzz Solutions, a Mumbai-based digital customer experience SaaS platform has raised INR 9 crores in a pre-Series A round from Maharashtra State Social Venture Fund of SIDBI Venture Capital Ltd. The funds will be utilized to enhance technological capabilities and scale up the team across functions
11/05/2021

GSF Accelerator leads funding round in Eekifoods

Gurugram based agritech startup Eekifoods has raised an undisclosed amount from Naho Shigeta, founder and CEO of InfoBridge Holdings; Shalin Sanjay Shah, director at Core91 VC; and an anonymous Gulf-based syndicate and also saw participation from existing investor Sumit Jain
11/05/2021

Fuel delivery startup FuelBuddy buys YC backed peer MyPetrolPump

Treis Solutions, which operates an on-demand fuel delivery service called FuelBuddy has acquired Bengaluru-based Y-Combinator backed MyPetrolPump in a cash-and-stock deal. With the deal, FuelBuddy plans to expand into new geographies and onboard customers
11/05/2021

Fantasy gaming startup HalaPlay raises INR 9 Crores from serial entrepreneur Milan Ganatra

Milan Ganatra, founder and former CEO of Miles Software, marked his entry into India’s online gaming ecosystem with an investment in HalaPlay Technologies Pvt Ltd. Milan has invested approximately INR 9 Crores against 6.5 percent equity
11/05/2021

Ecommerce enablement startup ANS Commerce has acquired software development firm Asterro

Full-stack e-commerce enablement startup ANS Commerce has acquired Asterro, a software development firm focused on building B2B cloud ERP (enterprise resource planning) products across web and mobile
11/05/2021

RuleZero raises funding to enhance technology development and customer deployments

RuleZero, a legal and fintech platform has raised INR 10 crores in seed funding to enhance its technology development and increase customer deployments. The round was led by Rainmatter Capital with participation by Kris Gopalakrishnan, IndusLaw and Reddy Futures LLP amongst others
11/05/2021

B2B risk management platform Rubix Data Sciences raised seed round

Rubix Data Sciences, a technology and analytics-based B2B risk management and monitoring platform have raised INR 6.2 crore in its second round of funding. The round saw participation from institutional investor Cactus Venture Partners, family offices, and high net worth individuals (HNIs).
11/05/2021

BhartPe continues debt fundraise spree, raises money from Northern Arc Capital

Payments and financial services startup BharatPe have raised USD 7 million from digital debt financing platform Northern Arc Capital. BharatPe has set a target of facilitating disbursals worth USD 1 billion to over 1 million merchants by the end of March next year
10/05/2021

Amazon’s India Marketplace Receives INR 915 Crores Investment From Parent Firm

Amazon Seller Services, the marketplace unit of the US-based e-commerce giant Amazon has received a capital infusion of INR 915 Crores.The investment was led by Singapore-based Amazon Corporate Holdings with participation from the parent entity Amazon.com Inc.
10/05/2021

Google-Backed Wysa To Raise Over INR 34 Crores From W Health Global, pi Ventures, Others

Bengaluru-based mental health startup Wysa is looking to raise INR 34.2 Crores from W Health Global, pi Ventures, Kae Capital, Beeline Impex, Shangrila Infotech, and Kateel Software.
07/05/2021

Rapido Raises USD 43 Million in Series C Led By Westbridge Capital

Bengaluru-headquartered bike taxi startup Rapido is raising USD 43 Million in a Series C funding round led by existing investor Westbridge Capital and also saw participation from Pawan Munjal Family, Everblue Bangladesh LLC, Motherson Lease Solutions, Konark Trust, QED Innovation Labs LLP, OLX CEO Amarjit Singh Batra, and MMPL Trust.
07/05/2021

US Stock Investment Startup Vested Finance Raises USD 3.6 Million

Silicon Valley and Mumbai-based investment tech platform Vested Finance has raised USD 3.6 Million in its seed funding round from US-based venture capital firms Moving Capital, Ovo Fund, TenOneTen Ventures, Indian investors Inflection Point Ventures and Venture Catalysts
07/05/2021

Creativeland Asia founder acquires 40% stake in esports startup Revenant

Design solutions firm Creativeland Asia has acquired a 40% stake in gaming company Revenant Esports LLP for close to USD 1 million. Revenant is a platform that seeks to partner with esports athletes across the globe. It targets both casual gamers as well as pro gamers.
06/05/2021

Sequoia’s Surge and others bet on app for construction management

Early-stage venture capital firms Accel and India Quotient and Sequoia Capital’s accelerator Surge have invested in a construction site management app Powerplay. Powerplay offers solutions for progress tracking, attendance, material management, invoices, automated reporting, issue tracking, and budget management.
06/05/2021

Stockal raises USD 3 Million round led by Ritesh Agarwal’s Aroa Ventures

Stockal, a platform that enables Indian retail investors to trade in listed US securities raised USD 3 million pre-Series A funding round led by Aroa Ventures and also saw participation from Cadenza Capital Management, wealth management platform Kristal.ai, Tracxn Labs, July Ventures and Credence Family office
06/05/2021

Mcats backed Healthcare startup sarathi in a seed round

Sarathi Healthcare, which offers healthcare services for the elderly, has raised INR 1 crore in a seed funding round byAngel investors and entrepreneurs Nitin Sethi, Vishal Dhikale, Swapnil Bagul, Gaurav Satbhai and Jayshree Harak.
05/05/2021

GSF Accelerator backs IoT platform Thingsup

Pune-based iobot which runs low code internet-of-things (IoT) platform Thingsup has raised USD 100,000 from GSF Accelerator.The platform analyses The fresh capital will be used to cater to the demand for digitalizing cold chain logistic
05/05/2021

Health-tech start up MedSign raises fund to fuel growth

Bengaluru-based MedSign that focuses on improving accessibility of health records and continuity of care has raised undisclosed seed funding from SMSRC, an advisory and research firm catering to the pharma industry in India and Bangladesh, as a part of strategic collaboration. .
05/05/2021

B2B retail platform 6Degree raises USD 1 Million in funding

6Degree, flagship B2B retail SaaS platform catering to the fashion and lifestyle sector has raised USD 1 million from Hyderabad-based SucSEED Indovation Fund, Keiretsu Forum, SucSEED Angel Network and AngelBay
05/05/2021

Venture Catalysts backs Indian social commerce Kiko TV

Startup incubator and accelerator Venture Catalysts and global venture capital firm SOSV led a pre-Series A funding round in social e-commerce startup KikoTV. The round also saw participation from Negen Capital chief executive Neil Bahal and other angels
05/05/2021

Arthya Wealth raises USD 1 Million in Pre Series A round

Arthya Wealth & Investments that is the Mumbai-based wealth management and investment advisory firm has raised USD 1 million in pre-Series A funding from family offices of industrialist Rishi Kumar Bagla and technocrat Krishen Lal Khanna.The firm, which uses tech, will soon launch PMS (portfolio management services).
05/05/2021

Nivesh raises USD 1.6 Million in funding led by IAN Fund

Nivesh.com, a wealth management company has raised USD 1.6 million in a round led by seed and early-stage investor IAN Fund and also saw participation from LV Angel Fund as well as angels such as Vir Mehta and Raghav Kapur
05/05/2021

Coursera backer Learn Capital leads Series A funding in Teachmint

Teachmint Technologies that focused on tutor-student connectivity has raised INR 123 crore in a Series A funding round led by global edtech-focused venture capital firm Learn Capital, CM Ventures and also saw participation from existing investors Lightspeed and Better Capital
04/05/2021

FinTech platform Fypmoney raises USD 2 Million in seed round

Pockket Payment Technologies-run FypMoney which is a FinTech platform for youth has raised USD 2 million in a seed funding round from Angel investors that includes Liberatha Kallat, Mukesh Yadav, and Dinesh Nagpal
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