Archive News

18/09/2020

Inflection Point Ventures piles into e-sports content platform AFK Gaming

AFK Gaming Pvt Ltd, an e-sports news and media company, has raised USD 200,000 in a pre-Series A funding round from angel and early-stage investment platform Inflection Point (IP) Ventures.
17/09/2020

Observe.AI raises USD 54 Million in Series B round led by Menlo Ventures

Observe.AI, the three-year-old tech startup founded in Bengaluru before shifting its headquarters to San Francisco, has raised USD 54 million in Series B round led by Menlo Ventures, with participation from Next47 Ventures, and NGP Capital.
17/09/2020

IAN Fund leads funding for agri-tech startup Farmers Freshzone

Farmers Freshzone Pvt Ltd, an agricultural-technology startup focussed on providing a direct-to-consumer marketplace for farmers, has raised INR 3.5 crore in funding led by IAN Fund, an investment vehicle of the Indian Angel Network.
17/09/2020

E-commerce management firm Assiduus Global raises USD 1 million in Series A funding

An e-commerce management firm Assiduus Global has raised $1 million in Series A funding from from VC Firm K Partners and some HNIs for its India business.
17/09/2020

Munich Re’s VC arm backs online insurer Acko in first India bet

Insurance startup Acko Technology & Services Pvt Ltd, has raised $60 million led by Munich Re Ventures the venture capital arm of Germany-based reinsurance company Munich Re Group. Other participants in the exercise include existing investors such as Amazon, RPS Ventures and Intact Ventures Inc.
16/09/2020

Burgerama receives pre-series A funding from Madison and Anicut

Gurugram-based Junket Foods Pvt Ltd, owner of a burger chain Burgerama has raised undisclosed pre-series A round led by Madison Capital. The funding round also saw the participation of Anicut Angel.
16/09/2020

GullyBuy Software raises INR 4 crore pre-series A funding

Pune-based software startup GullyBuy Software, has raised INR 4 crore in Pre-Series A funding from SEED Enterprises and a few individual investors. GullyBuy provides a unique digital hyperlocal marketplace solution that enables buyers to order online from nearby stores selling groceries, food, medicines and other daily necessities.
16/09/2020

Invento Robotics raises bridge round from angels, others

Bengaluru-based Invento Makerspaces, which makes and markets robots under the Invento Robotics brand, has raised an undisclosed amount in a bridge funding round from iron ore mining company MSPL, textile firm Chiripal Group and a clutch of angel investors.
16/09/2020

Edtech startup Newton School raises USD 650,000 led by Nexus Venture Partners

Bengaluru-based edtech startup Newton School has raised USD 650,000 in a seed round of funding led by early-stage venture capital firm Nexus Venture Partners. The funding round also saw the participation of Unacademy founders Gaurav Munjal, Roman Saini and others.
16/09/2020

Sequoia, Redpoint lead Series A funding in virtual events firm Airmeet

Airmeet Inc., which operates a startup focussed on hosting online events, has raised USD 12 million in its Series A funding round led by Sequoia Capital India and Redpoint Ventures. Existing investors Accel India, Venture Highway and Global Founders Capital also participated in this funding round.
16/09/2020

Health-tech startup Dozee raises funding from Prime Venture Partners, 3one4, others

Turtle Shell Technologies Pvt Ltd, which operates health-technology startup Dozee, has raised INR 12.5 crore in funding from a group of venture capital firms. Participating investors in this round include Prime Venture Partners, YourNest Venture Capital, and 3one4 Capital.
16/09/2020

HR-tech firm Zimyo pulls in seed funding from Beenext

Zimyo Consulting Pvt. Ltd, which operates an eponymous human resources-technology startup, has raised USD 1.5 million in a seed funding round led by early-stage venture capital firm Beenext.Other participants in this round include Yatra Angel Network and AngelList, as well as angel investors such as Abhishant Pant and Navin Surya.
15/09/2020

The Moms Co raises USD 8 million from Saama, DSG, others

New Delhi-based mother and baby care-focused consumer goods startup The Moms Co, has raised USD 8 million from Saama Capital and DSG Consumer Partners, along with angel investors.
15/09/2020

CashKaro raises USD 10 Million in Series B round led by Korea Investment Partners

CashKaro, a Gurugram-based cashback and coupons site, has secured USD 10 million in Series B funding round led by Korea Investment Partners (KIP) and existing investor, Kalaari Capital.
15/09/2020

Used car leasing startup PumPumPum raises INR 2 Crore in debt

Gurugram-based startup PumPumPum, which offers used car leasing in the corporate and retail segment, has raised INR 2 crore in debt funding from ICICI Bank, Canara Bank, and Kogta Financials.
15/09/2020

Risk management startup SignalX secures USD 750K investment from 3Lines Venture Capital

Hyderabad-based AI-powered governance risk management and compliance startup SignalX, has raised USD 750,000 in investment in a funding round led by 3Lines Venture Capital, a US-based early-stage VC.
15/09/2020

Dubai family office leads pre-Series A funding for children clothing brand Cub McPaws

Pochemuchka Kids Pvt Ltd, which operates children-focussed clothing brand Cub McPaws, has raised INR 5.88 crore pre-Series A funding from a clutch of investors based in Dubai, India, Japan, and the United States. A Dubai-based global family office led the round.
15/09/2020

Abu Dhabi fund Alpha Wave leads funding for e-commerce platform Foxy

EkAnek Networks Pvt Ltd, which operates personalised e-commerce platform Foxy, has raised INR 40 crore in a Series A1 investment round led by Alpha Wave Incubation. Other participants in this round includes Matrix Partners India, Sequoia Capital India and Lightspeed India.
15/09/2020

Dream11 parent secures USD 225 million in fresh funding

Dream Sports, the parent company of India’s leading online fantasy sports company Dream11, secured fresh funding of $225 million from Tiger Global Management, TPG Tech Adjacencies (TTAD), ChrysCapital and Footpath Ventures. The funding, which is largely secondary in nature with a smaller primary component.
14/09/2020

B2B platform CustomFit.ai raises pre-seed funding

Valley Monks Pvt Ltd, which operates business-to-business (B2B) website personalisation platform CustomFit.ai, has raised an undisclosed funding in a pre-seed round led by Java Capital. Other participants in this round include micro-venture capital firm Upsparks, FirstCheque and others.
11/09/2020

Insurance-tech startup i3 Systems raises USD 1.5 Million from Unitus Ventures, others

Mumbai-based insurance-tech startup i3 Systems has raised USD 1.5 million from Unitus Ventures in a pre-Series A round of funding. Reliance Industries CFO Alok Agarwal and Zhooben Bhiwandiwala, President, Mahindra Partners co-invested along with Unitus Ventures.
11/09/2020

Zomato pockets USD 100 million cheque from Tiger Global

Food delivery company Zomato Media Pvt. Ltd has raised USD 100 million from US-based investment firm Tiger Global Management LLC as it continues to secure capital to ride out the coronavirus crisis.The transaction has been sealed at a post-money valuation of USD 3.3 billion for Zomato.
11/09/2020

Ed-tech startup SOAL snags funding from Munjal Auto promoters’ investment arm

Skills-focussed education-technology startup SOAL (School of Accelerated Learning) has raised an undisclosed funding from SARA Investments, the investment wing of the promoters of Munjal Auto Industries Ltd.
11/09/2020

SRI Capital leads seed funding for food-trend spotter Spoonshot

Spoonshot Inc. a platform that spots and predicts food trends, has raised USD 1 million in seed funding led by SRI Capital.
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