Archive News

27/05/2021

Y Combinator-backed matchmaking startup Betterhalf.ai raises USD 3M in pre-Series A round

Betterhalf.ai, the AI-driven matrimonial app has raised USD 3 million in a pre-Series A round. The startup saw participation from venture capital firms, including S2 Capital and Quiet Capital and marquee angel investors like Kunal Shah and Samvit Ramadurgam.
27/05/2021

Sentieo raises USD 20 Million in Series B round led by Ten Coves Capital

Sentieo, the US and India based fintech startup, has raised USD 20 million in a Series B round of funding. This round was led by Ten Coves Capital with participation from existing investors Centana Growth Partners and Studio Management.
27/05/2021

GradCapital launches fund to support student startups

Student focused venture capital firm gradCapital, has launched a USD 1 million fund to help graduates grow their ideas into businesses. GradCapitaUSD will invest USD 25,000 in each of the 20 startups it will select over the next year.
27/05/2021

Tiger Global leads USD 30 million Series B in Koo

Homegrown microblogging platform Koo, has raised USD 30 million in a Series B funding round led by Tiger Global Management. South Korean financial services firm Mirae Asset Management and IIFL joined the round as new investors. Existing investors Accel Partners, Kalaari Capital, Blume Ventures and Dream Incubator also participated in […]
26/05/2021

SalaryBox Raises Pre-seed Funding From GSF Accelerator And Others

SalaryBox that simplifies the payroll process for small businesses, has raised an undisclosed amount in its pre-seed funding round led by GSF Accelerator with the participation of marquee individual investors Alok Mittal, Amit Ranjan, Sumit Jain, and Surjendu Kuila
26/05/2021

FarEye Bags USD 100 Million In Series E Round For Expansion In US, Europe

New Delhi-based logistics management startup FarEye has raised USD 100 Million in its Series E funding round led by TCV and Dragoneer Investment Group and also saw participation from existing investors like Eight Roads Ventures, Fundamentum and Honeywell.
26/05/2021

Data Collaboration Platform Atlan Bags USD 16 Million In Series A

Data collaboration platform Atlan has raised USD 16 Million in its Series A round led by Insight Partners, with participation from existing investors Sequoia Capital India’s accelerator programme Surge and Waterbridge Ventures and angels including Bob Muglia,Bob Moore, Jake Stein, and Akshay Kothari
26/05/2021

Stride Ventures Launches USD 137 Million Fund II

Venture debt firm Stride Ventures has launched its second fund that has a corpus target of USD 137 Million with a greenshoe option to raise an additional USD 120 Million. Stride Ventures will look to invest primarily in B2B, SaaS, Consumer, Healthtech, Fintech, Agritech etc
26/05/2021

Scenes by Avalon raises Pre-Series A round from Kunal Shah, Gaurav Munjal, others

Scenes, a community platform by Avalon have raised an undisclosed amount in pre-Series A funding from angels including Shah, Gaurav Munjal, Kalyan Krishnamurthy, Tanmay Bhat as well as giants like Tanglin Ventures, Better Capital, Whiteboard Capital, iSeed Ventures and Blume Founders Fund
26/05/2021

Homefintech India’s 1st Social Finance Platform SaveIN Raises Funding from Leading Investors, Set To Disrupt Personal Finance

Social finance-based neobank SaveIN has raised an undisclosed amount in pre-seed funding round from domestic and international angel investors and individuals. Gurugram-based SaveIN is targeting India’s personal loans and personal finance markets.
26/05/2021

Endiya Partners Invest In Cell Therapy Company Eyestem

Early-stage venture capital fund Endiya Partners has invested an undisclosed sum in cell therapy company Eyestem. This funding will allow Eyestem to scale up its platform and create affordable cell therapies
25/05/2021

At USD 1.45 billion valuation, Bhavin Turakhia-led Zeta is India’s latest unicorn

Serial entrepreneur Bhavin Turakhia founded banking technology firm Zeta has become a unicorn following a USD 250 million investment led by SoftBank Group Corp’s Vision Fund 2.The valuation makes Zeta the 14th entrant to the global league of unicorns from India this year.
25/05/2021

upGrad Acquires Video Learning Platform Impartus In INR 150 Crores Deal

Online higher education company upGrad has acquired Bengaluru-based video-enabled learning solution platform Impartus. The company has committed an amount of INR 150 Crores for the acquisition and growth of Impartus. The startup will be rebranded as upGrad Campus and integrated into upGrad as a wholly-owned subsidiary
25/05/2021

Enterprise AI Assistant Fireflies Bags INR 100 Crores In Series A For Market Expansion

Voice intelligence and artificial intelligence (AI) assistant provider Fireflies has raised INR 100 Cr in Series A funding round led by Khosla Ventures and Canaan Partners, which had also participated in the company’s seed-stage round raised in 2019.
25/05/2021

EdTech startup Tekie raises INR 11 Crores in seed fund from GSV, Multiply Ventures

Edtech startup Tekie has raised INR 11 crores in seed funding co-led by Silicon Valley-based GSV Ventures and Multiply Ventures. Better Capital also participated in the round. The development marks the first seed investment in India by GSV Ventures.
25/05/2021

Litigation Financier Legalpay secures seed funding from 9Unicorns

Tech-based litigation financier LegalPay has secured an undisclosed sum in a seed funding round led by 9Unicorns, the venture fund set up by incubator and accelerator Venture Catalysts and also saw participation from LetsVenture along with angel investors Ambarish Gupta
24/05/2021

SaaS startup Glamplus raises early stage capital to digitise salons

Glamplus that provides a suite of SaaS based software solutions to enable small salons, spas, and gyms to digitize their operations has raised INR 2 crores in a funding round led by IPV and also saw participation from Anil G, Sachin Kandelwal, Sravan Kumar, Abhishek Daiya, and Anudeep Nagalia
24/05/2021

Eruditus Enters K12 Learning With USD 200 Million All-Cash Acquisition Of US-Based Edtech Firm iD Tech

Online executive education firm Eruditus has acquired Silicon Valley-based ed-tech startup iD Tech in a cash deal for USD 200 Million.The deal will help iD Tech expand beyond the US, which accounts for 90% of its revenue so far.
24/05/2021

ixigo To Give Partial Exit To Existing Investors In Its INR 1,800 Crores IPO

Online travel aggregator ixigo’s upcoming initial public offering (IPO) which is slated to be listed in the Indian market this financial year will provide partial exits to all its existing investors
24/05/2021

SEBI raises overseas investment cap for AIFs to USD 1.5 Billion

The Securities and Exchange Board of India (SEBI) has doubled the amount of money that domestic private equity and venture capital funds can invest in overseas companies up to USD 1.5 billion per year for the entire industry.
24/05/2021

Microsoft Corp’s venture fund M12 leads extended Series A funding in NextBillion AI

NextBillion AI, which operates an artificial intelligence-based enterprise platform focused on hyperlocal solutions has raised INR 45 crores in its extended Series A round of funding from M12, formerly known as Microsoft Ventures.
24/05/2021

Scale Venture Partners leads Series B funding in US-based Esper Enterprises

Esper Enterprises which enables enterprises to develop, manage and monitor their Android-enabled devices in real-time has raised USD 30 million in Series B funding led by Scale Venture Partners and also saw participation from existing investors Madrona Venture Group, Root Ventures, Ubiquity Ventures, and Haystack.
24/05/2021

CSVP launches global enterprise SaaS index

Cornerstone Venture Partners Fund which invests in B2B tech firms has launched India’s first Global Enterprise SaaS Index that comprises 30 top globally-listed enterprise software-as-a-service (SaaS) companies, like Zoom and Salesforce, and is a real-time index, tracking their performance on the global stock exchanges
21/05/2021

Mukesh Bansal backed spacetech startup Skyroot raises Series A led by Greenko founders

Skyroot Aerospace has raised USD 11 million in a Series A funding round was led by Greenko founders Anil Chalamalasetty, Mahesh Kolli and also saw participation from Neeraj Arora, Solar Group, Graph Ventures, Sutton Capital and existing investor Mukesh Bansal
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