Archive News

22/12/2021

TenderCuts raises INR 30 crore via debt

Tech-enabled fresh meat and seafood ordering platform, TenderCuts has raised Rs 30 crore funding via debt from venture debt firm Stride Ventures.
22/12/2021

B2B food marketplace Jumbotail raises USD 85 Million in Series C round

Retail platform and food and grocery B2B marketplace, Jumbotail, has raised USD 85M in a Series C funding round led by Artal Asia Pte. Ltd., an affiliate of global equity investment firm Invus. Ajax Capital, the family office of entrepreneur Ajay Gupta, also participated in the round. Nexus Venture Partners […]
21/12/2021

Bizongo raises USD 110 million from Tiger Global, others at USD 600 million valuation

B2B ecommerce and supply chain enablement platform Bizongo, has raised USD 110 million in funding, led by Tiger Global Management. With the latest round, Bizongo’s valuation has soared to USD 600 million. The series D round also had new investments coming from CDC and IFC EAF, while existing investors BCap, […]
21/12/2021

B2B Marketplace OfBusiness Raises USD 325 Millionn At USD 5 Billion Valuation

Gurugram-based B2B marketplace OfBusiness, has raised USD 325 Million in its Series G funding round led by Alpha Wave Ventures II, Tiger Global Management and Softbank Vision Fund 2 at a valuation of nearly USD 5 Billion.
21/12/2021

Cars24 gets USD 400 million in new funding, valuation jumps to USD 3.3 billion

Cars24, an online platform which sells used cars, has raised USD 400 million financing round led by Alpha Wave Global, formerly Falcon Edge Capital. This includes a USD 100 million debt component which has been sourced from investors like Commercial Bank of Dubai and IFM Investors in Australia.
21/12/2021

Esah Tea raises USD 400K from NEDFi Ventures in pre-series A round

Mangaldoi-based Esah Tea, has raised USD 400,000 (Rs 3 crore) from NEDFI Venture Capital Ltd, a Guwahati-based financial institution. Esah Tea sources teas from local tea gardens across Assam and sells them through digital and physical stores.
21/12/2021

Keka HR raises USD 1.6 million through revenue-based financing from Recur Club

Keka, an HR automation software company, has raised USD 1.6 million from Recur Club, a platform where companies generating recurring revenue can access growth capital.
21/12/2021

Good Glamm acquires majority stake in Sirona in INR 100 crore deal

The Good Glamm Group, which owns the MyGlamm brand of beauty and personal care products, has acquired an undisclosed majority stake in feminine hygiene startup Sirona in an all-cash deal worth INR 100 crore.
21/12/2021

Sauce.vc, Boat, Vahdam Teas founders, others, back oral care brand Perfora

Perfora, a direct-to-consumer oral care brand, has raised USD 260,000 in a pre-seed funding led by Sauce.vc. The round saw participation from Huddle, Bala Sarda, Founder and CEO of Vahdam Teas, Sameer Mehta co-founder of Boat Lifestyle and Shashank Mehta founder of The Whole Truth Foods.
21/12/2021

Zepto raises USD 100 Million in Series C at USD 570 Million valuation

Ten-minute grocery delivery startup Zepto, has raised USD 100 million in its Series C round led by YC Continuity. New and existing investors including Glade Brook, Nexus, Breyer Capital, Lachy Groom, Global Founders Capital and Contrary Capital also participated in the fresh round.
21/12/2021

Adloid Raises USD 4 Million For Its Metaverse And AR Builder Platform For Creators And Brands

Metaverse and augmented reality (AR) builder platform Adloid, has raised USD 4 Million from Chiratae Ventures, and Lenskart Vision Fund as part of its Pre-Series A funding round. The round also saw the participation of EaseMyTrip cofounder Prashant Pitti, Seeders, and 100x Entrepreneur.
20/12/2021

BGMI creator Krafton leads USD 6.5 million funding round in FRND app

Bengaluru-based audio-focused dating app FRND, has raised $6.5 million in Series A funding round led by South Korean online gaming major Krafton Inc. Existing investors India Quotient and Elevation Capital also participated in the fundraising.
20/12/2021

AI-Based Teaching Assistant ByteLearn Raises $9.5 Million in Seed Round

ByteLearn, an AI-powered teaching assistant for students and teachers, has raised a USD 9.5 million seed funding round led by 9Unicorns, Chiratae Ventures, and Leo Capital. The round saw participation from Venture Catalysts, Goodwater Capital, Earlsfield Capital, Kettleborough VC, PitchRight Ventures, AdvantEdge VC and few HNIs.
20/12/2021

Razorpay’s valuation soars to USD 7.5 Billion with USD 375 Million new round

Business-focused payment gateway and neo banking platform Razorpay, has raised USD 375 million in its Series F round co-led by Lone Pine Capital, Alkeon Capital and TCV. With this fund raise, Razorpay is now valued at USD 7.5 billion, a seven-fold rise since the start of 2021. Existing investors including […]
20/12/2021

Hevo Data raises USD 30 million in Series B round led by Sequoia Capital India

Hevo Data, Inc., a no-code data integration platform, has raised USD 30 million in a Series B funding round led by Sequoia Capital India. The round also witnessed the participation of Qualgro, Lachy Groom, Chiratae Ventures, and other angel investors.
20/12/2021

Stocktwits raises USD 30 million, plans to enter the Indian market

Stocktwits, a social platform for investors and traders, has raised USD 30 million in a Series B funding round led by Alameda Research Ventures along with participation from Times Bridge. The New York-based social platform, which brings together traders of stocks, cryptocurrency and other emerging asset classes, has partnered with […]
17/12/2021

Pi Green Innovations raises over USD 4.5 million in Series A funding

Cleantech company Pi Green Innovations has raised over USD 4.5 million in Series A funding. The round was led by the Investment Fund of Opus Consulting with a total of $4.3 million. The round also saw participation from other strategic investors.
17/12/2021

PropReturns raises USD 1.2 million from Y Combinator, GoodWater Capital, Soma Capital

PropReturns, an Indian real estate investment platform, has raised a funding of USD 1.2 million from a group of investors including US-based Y Combinator, GoodWater Capital and Soma Capital. PropReturns is a real estate investment platform that enables investors to purchase rent-yielding commercial properties across India.
17/12/2021

Atomberg raises USD 20 Million led by Jungle Ventures

Consumer product brand Atomberg Technology, has raised USD 20 million in growth capital led by Jungle Ventureswith participation from Inflexor Ventures. The round also saw participation from existing investors, including A91 Partners and noted angel investor Ramakant Sharma, Co-founder of Livspace.
17/12/2021

SaaS startup for SMEs, TranZact raises USD 7 Million in Series A round

he SME tech startup TranZact, offering a SaaS-based digital transformation tool for SMEs, has raised USD 7 million in Series A round. The funding was led by San Francisco-based Tribe Capital with participation from Prime Venture Partners, Gemba Capital and existing investor Kae Capital.
17/12/2021

Vedic Cosmeceuticals raises INR 25 crore from Sixth Sense Ventures

Vedic Cosmeceuticals has raised INR 25 crore in a series A funding round from Sixth Sense Ventures. Vedic Cosmeceuticals Pvt Ltd is a private label manufacturer of personal care products for international and domestic brands.
17/12/2021

Fitness tech startup fitpage raises USD 3.5 million from Astra Ventures, angels

Fitness tech platform fitpage, has raised USD 3.5 million in a seed round of funding from Astra Ventures. The subscription-based platform focuses on improving cardiovascular health thereby bringing an overall improvement in the health and fitness of individuals. The startup curates deep tech-based personalised training, nutrition, and content through an […]
17/12/2021

Tournafest secures Pre-Seed funding of INR 3.05 crores

Tournafest, a one-stop destination for the gamer community in India, has secured pre-seed funding of INR 3.05 crore from a clutch of investors, including India Quotient, FirstCheque and other angel investors.
17/12/2021

Identity verification and fraud protection platform Bureau raises USD 12 million led by Quona Capital

Frictionless verification and fraud protection platform Bureau, has raised USD 12 million in a Series A round led by Quona Capital with participation from Commerce Ventures, Okta Identity as well as strategic angels Mark Britto, EVP Chief Product Officer at Paypal, and Bobby Mehta, Retd. President and CEO of Transunion.
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