Archive News

05/11/2020

JAFCO Asia, Team Fund infuse fresh capital into med-tech startup DocsApp

Bengaluru-based Phasorz Technologies, which operates online doctor consultation platform DocsApp, has raised INR 58.63 crore in a funding round led by JAFCO Asia Tech Fund and Team Fund. Palo Alto-based venture capital firm FinSight I Ventures participated in the round.
05/11/2020

Edtech startup Lattu Kids raises seed capital

Lattu Media, which runs edtech platform Lattu Kids, has raised an undisclosed amount in a seed funding round from Mumbai Angels Network.
05/11/2020

Stones2milestones raises INR 19 Crore bridge funding led by Unreasonable Capital

Gurugram-based education technology firm Stones2milestones, which owns and operates Freadom, has raised around INR 19 crore in a bridge funding round led by existing investor Unreasonable Capital and its limited partner, Goldhrish Foundation.
05/11/2020

Fosun-backed LetsTransport raises INR 56 crore in extended Series B funding

Diptab Ventures Pvt. Ltd, which operates the last-mile intra-city logistics marketplace LetsTransport, has raised INR 56 crore in an apparent extension of its Series B funding round from investors including the DS Group, Bertelsmann, Japan’s Mitsui Sumitomo, Rebright Partners and Altes Global.
05/11/2020

Inflexor Ventures invests in Steradian Semiconductors

Early-stage technology-focused VC fund Inflexor Ventures, has invested an undisclosed sum in Steradian Semiconductors, which is developing 4D imaging radar solutions for autonomous vehicles.
05/11/2020

Venture Catalysts leads pre-Series A funding in EV services startup Charge+Zone

TecSo Charge Zone Pvt Ltd, which operates electric vehicle (EV) charging startup Charge+Zone, has raised USD 3 million in a pre-Series A funding round. The round in Vadodara-based Charge+Zone has been led by startup incubator and accelerator Venture Catalysts with participation from the Mumbai Angels Network, Keiretsu Forum, and the […]
05/11/2020

Avaana Capital, Rebright Partners invest in poultry-focussed Eggoz

Nupa Technologies Pvt. Ltd, which operates agricultural-technology and poultry farming startup Eggoz, has raised USD 1.5 million in fresh capital from new investors. The funding was raised from Avaana Capital, a mid-market private equity firm floated by former TPG executive Anjali Bansal, and venture capital firm Rebright Partners.
04/11/2020

Unicorn India Ventures bets on insurance-tech startup Fedo

Fedo Health Technologies Pvt Ltd, an insurance-technology startup focussed on automating processes in the health and life insurance segments, has raised USD 1 million in a pre-Series A funding round led by Unicorn India Ventures. Other participants in this round include the SEA Fund and former Max Bupa managing director […]
04/11/2020

IAN Fund leads pre-Series A funding in reverse logistics firm Bizlog

Bizlog, a reverse logistics solutions provider, has raised INR 12 crore in a pre-Series A funding round led by IAN Fund, the debut fund of the Indian Angel Network (IAN).
04/11/2020

Snapdeal founders, others invest in social gaming platform Tamasha

Gamepe Technologies Pvt Ltd, which operates influencer-led live social gaming platform Tamasha.live, has raised INR 2.5 crore in a seed funding round from 9Unicorns, Titan Capital and First Cheque. Other participants in this round include PointOne Capital and angels.
04/11/2020

Greycroft leads Series A funding in HR-tech startup Leena AI

Leena AI, a human resources technology startup, has raised USD 8 million in a Series A funding round led by venture capital firm Greycroft Partners.
03/11/2020

Rivigo kicks off Series G round with INR 84.4 Crore tranche from Elevation Capital

Surface logistics company Rivigo has secured INR 84.4 crore in its Series G funding round from the existing backer Elevation Capital (formerly SAIF Partners).
03/11/2020

Edtech Startup Expertrons Raises Funding From IvyCap Ventures, Plans Big Tech Push

Mumbai-based edtech startup Expertrons has raised an undisclosed amount from venture capital fund IvyCap Ventures. The round saw participation from the startup’s existing investors such as Iceland Venture Studio and Sarcha Advisors.
02/11/2020

Procter & Gamble announces a INR 400 Crore ‘India Growth Fund’ for innovation

Procter & Gamble (P&G), announced a INR 400 crore ‘India Growth Fund,’ which will focus on innovations and technology, keeping in line with the Indian government’s vision to make an Aatmanirbhar Bharat by driving inclusive growth in India through external partnerships. The fund is part of P&G India’s ‘vGROW’ programme […]
02/11/2020

Sequoia Surge leads Series A round in employee management startup PagarBook

Employee management app PagarBook, owned and operated by Bengaluru-based Gyankaar Technologies, has raised around USD 7 million in its Series A funding round led by existing backer Sequoia Surge.
02/11/2020

Snapdeal founders, others invest in bad loans recovery-focussed Credgenics

Analog Legalhub Tech Solutions Pvt Ltd, which operates bad loans recovery-focussed platform Credgenics, has raised INR 24.8 crore in a seed funding round from investors including Titan Capital. Other participants in the round include DMI Alternatives Fund, QED Innovation Labs, Breadlake Ventures and Blue Wolf Capital Ltd.
02/11/2020

Chiratae leads Series A funding in marketing cloud startup Pyxis

PyxisPM Inc, which operates artificial intelligence (AI)-based marketing cloud startup Pyxis, says it has raised USD 7 million in a Series A funding round led by Chiratae Ventures, with participation from Pi Ventures and Exfinity Venture Partners.
30/10/2020

B2B grocery ecommerce startup Peel-Works raises USD 3 Million from Black Soil, others

Peel-Works Pvt Ltd, a Mumbai-headquartered B2B grocery ecommerce company that operates the retail management platform, Taikee, has raised venture debt of around USD 1 million from BlackSoil Capital. The company has also secured working capital to the tune of USD 2 million from others, including key suppliers.
30/10/2020

Fertility tech startup Janani raises INR 1.5 Crore in pre-seed round led by 9Unicorns

Bengaluru-based fertility care provider Janani announced that it has raised INR 1.5 crore pre-seed investment led by India’s first idea-phase accelerator VC fund 9Unicorns. Other investors including Archana Priyadarshini and Sweta Rau led the round in AngelList.
30/10/2020

Yuvraj Singh invests in nutrition Healthcare startup Wellversed

Full-stack nutrition brand Wellversed, has raised an undisclosed amount in its Pre-Series A funding round led by cricketer and serial entrepreneur, Yuvraj Singh. According to a statement by the company, the healthcare startup is valued at nearly INR 100 crore with the latest funding round.
29/10/2020

Teachmint raises USD 3.5 Million from Lightspeed India, existing investors

Teachmint, the live online teaching platform, has raised USD 3.5 million seed funding led by Lightspeed India. Existing investors Better Capital and Titan Capital also participated in this funding round.
29/10/2020

NBFC Finova Capital raises USD 55 Million led by Sequoia Capital India, Faering Capital

Finova Capital, a Jaipur-based non-banking financial company, has raised USD 35 million from Sequoia Capital India and Faering Capital, and an additional USD 20 million from various lenders.
29/10/2020

CredAble secures USD 4.5 Million in a follow-on round from Oaks Asset Management, and more

CredAble, a Mumbai-based fintech startup focused on the supply chain finance segment, has raised USD 4.5 million in a follow-on funding round from its existing investors Oaks Asset Management and V’Ocean Investment.
29/10/2020

Agritech startup Agrix raises undisclosed amount led by Maple Capital Advisors

Agrix Agrotech a Patna-based precision and digital farming startup, has raised an undisclosed fund from various investors, including Maple Capital Advisors.
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