Archive News

05/04/2023

Upstox Backer BlackSoil Snags USD 25 Million In Fresh Round

Alternative credit platform BlackSoil Capital has raised USD 25 Million via bank debt, non-convertible debentures, AIF commitments and direct co-investments from banks, family offices, corporate treasuries and high-net-worth individuals.
05/04/2023

Kites Senior Care raised USD 2 Million in a pre-Series A funding round from Ranjan Pai’s Manipal Education and Medical Group (MEMG) family office.

Lifebridge Senior Care Pvt. Ltd which operates the healthcare startup Kites Senior Care raised USD 2 Million in a pre-Series A funding round from Ranjan Pai’s Manipal Education and Medical Group (MEMG) family office. The Bengaluru-based startup plans to use the funding secured to scale operations in Bengaluru and expand […]
05/04/2023

Ossus Biorenewables has raised USD 2.4 Million in a pre-Series A funding round from proptech investment firm Gruhas and Rainmatter Climate.

Climatetech startup Ossus Biorenewables has raised USD 2.4 Million in a pre-Series A funding round from proptech investment firm Gruhas and Zerodha-backed non-governmental organization (NGO) Rainmatter Climate. The Bengaluru-based startup intends to deploy the funding secured to scale up the manufacturing of its bioreactors, product development and geographical expansion across […]
05/04/2023

Apptile has secured USD 2.5 million in a seed funding round from Mankekar Family Office and Ramakant Sharma

SaaS startup Apptile has secured USD 2.5 Million in a seed funding round from Mankekar Family Office and Ramakant Sharma (Livspace). The Bengaluru-based startup plans to deploy the funds for the launch of its platform and hire talent.
05/04/2023

Zero Cow Factory has raised USD 4 Million in a seed funding round co-led by Green Frontier Capital, GVFL, and pi Ventures.

Biotechnology startup Zero Cow Factory has raised USD 4 Million in a seed funding round co-led by Green Frontier Capital, GVFL, and pi Ventures. The round also saw participation from Pascual Innoventures, the investment arm of the Spanish dairy group Calidad Pascual. The Surat-based startup aims to utilize the funding […]
05/04/2023

LightMetrics has raised USD 8.5 Million in a Series A funding round from Sequoia Capital India.

Artificial intelligence (AI)-based video telematics startup LightMetrics has raised USD 8.5 Million in a Series A funding round from Sequoia Capital India. The startup plans to deploy it towards product development, hiring and domain expansion focused on auto insurance.
04/04/2023

V3 VENTURES LAUNCHES IN INDIA; TO INVEST UP TO EUR 100M ACROSS INDIA, EUROPE, AND US

Early-stage venture capital fund, V3 Ventures, has officially launched in India and will invest up to EUR 100 Million across Europe, United States, and India. V3 Ventures will focus on investing in the consumer space across new-age brands, technology, enablers, and platforms at the seed and Series A stages.
04/04/2023

Lendingtech Platform Moneyboxx Finance Bags INR 24 Cr Funding

Listed lendingtech platform Moneyboxx Finance has raised INR 24 Cr in funding via private placement from non-promoter investors. The startup will use the capital to expand its operations and fund the growth of its assets under management (AUM). The investment will also be used to tap into ‘growth opportunities’ in […]
04/04/2023

AVIOM Housing Finance Raises USD 30 Million To Support Low-Income Households

Delhi-based AVIOM Housing Finance Corporation (AVIOM HFC) has raised USD 30 Million in a Series D funding round led by Nuveen through a mix of primary and secondary investments in tranches. The housing finance startup plans to deploy the incoming funds to grow its loan book.
04/04/2023

Sequoia-Backed Capillary Technologies Acquires SaaS Co Brierley

SaaS startup Capillary Technologies has acquired US-based Brierley for an undisclosed amount. The acquisition will help Capillary expand its customer loyalty platform, upscale business, and enhance product capabilities as well as partnership networks. The acquisition will further enable Capillary to deliver exponential value to its enterprise clientele, thus, helping them […]
04/04/2023

Online learning startup ixamBee raised USD 607, 914 in a pre-Series A funding round led by Inflection Point Ventures (IPV).

Online learning startup ixamBee raised USD 607, 914 in a pre-Series A funding round led by Inflection Point Ventures (IPV). The round also saw participation from SAN Angels, existing investors Mumbai Angels, and Keyur Joshi (MakeMyTrip). The funding will be deployed towards developing the tech stack, marketing, and content development.
04/04/2023

Lawyered has raised USD 1 Million in a pre-Series A funding round led by India Accelerator’s angel investors’ network iAngels.

Legaltech startup Lawyered has raised USD 1 Million in a pre-Series A funding round led by India Accelerator’s angel investors’ network iAngels. The round also saw participation from Logistics Fund India (LFI); Apoorva Vora (Finvolve); Bhuvan Gupta (OfBusiness) and Kunal Dikshit (ICICI Home Finance) amongst others. The Gurguram-based startup will […]
04/04/2023

Narrato has raised USD 1 Million in a pre-seed funding round led by AirTree Ventures

Artificial intelligence (AI)-based content platform Narrato has raised USD 1 Million in a pre-seed funding round led by AirTree Ventures. The round also saw participation from community-powered global venture fund TheFund and a host of angel investors, including Ruchi Kalra and Bhuvan Gupta (OfBusiness). The company will deploy the fresh […]
04/04/2023

Dozer has secured USD 3 Million in a seed funding round led by Sequoia Capital India’s accelerator program Surge

Technology startup Dozer has secured USD 3 Million in a seed funding round led by Sequoia Capital India’s accelerator program Surge, with participation from Gradient Ventures and January Capital. The fresh funding will help the company scale its product and engineering teams.
04/04/2023

Zyod has raised USD 3.5 Million in a seed funding round led by Lightspeed.

Business-to-business (B2B) apparel sourcing and manufacturing startup Zyod has raised USD 3.5 Million in a seed funding round led by Lightspeed. The round also saw participation from FJ Labs, Panthera Peak Capital, and angel investors including Abhishek Goyal (Tracxn), Abhinav Sinha (Oyo), Gaurav Hinduja (Gokaldas Exports) and Ravi Khandelwal (Yufta) […]
04/04/2023

Prozeal Infra Engineering Pvt Ltd has raised USD 4 Million in a Series A funding round from Chandrakant Gogri’s family office

Solar infrastructure company Prozeal Infra Engineering Pvt Ltd has raised USD 4 Million in a Series A funding round from Chandrakant Gogri’s family office arm Alchemie Ventures. The Ahmedabad-based firm will use the fresh capital to scale its operations and execute developer-model projects for energy and utility companies.
03/04/2023

DMI Finance Raises USD 400 Million From Japan’s MUFG Bank, SuMi TRUST Bank

Mumbai-based DMI Finance has raised USD 400 Million in a funding round led by Mitsubishi UFJ Financial Group, through its subsidiary MUFG Bank. Existing investor Sumitomo Mitsui Trust Bank (SuMi TRUST Bank). The round also saw participation from existing investor Sumitomo Mitsui Trust Bank (SuMi TRUST Bank).
03/04/2023

Ratan Tata’s Avanti Finance Raises USD 24 Mn To Scale Customer Base

Bengaluru-based non-banking financial company (NBFC) Avanti Finance has reportedly raised USD 24 Million from Rabo Partnerships and IDH Farmfit Fund. The round also saw participation from existing investors Oikocredit and Nandan Nilekani’s family office NRJN Trust. The startup will used funds to focus on providing data-driven finance solutions to smallholder […]
03/04/2023

iNurture Education Acquires Youth4Work; Forms New Venture ‘Y4W Learning’

Edtech startup iNurture Education has acquired Jag Bros Consultants’ brand ‘Youth4Work’ for an undisclosed amount. As part of the deal, iNurture Education and Youth4Work have formed a new subsidiary called Y4W Learning Pvt Ltd. Y4W Learning will essentially work on the leads generated from ‘Youth4Work’ assessment platform to grow enrollments […]
03/04/2023

Metastable Materials has secured an undisclosed amount in seed funding round led by Sequoia Capital.

Deeptech startup Metastable Materials has secured an undisclosed amount in its seed funding round led by Sequoia Capital India’s accelerator program Surge. The round also saw participation from Speciale Invest, Theia Ventures and a clutch of angel investors including Akshay Singhal and Kartik Hajela (Log9), Archana Priyadershini, (fwdSlash Capital) and […]
03/04/2023

CometChat has raised USD 5 Million in a debt funding round from Utah-based Zions Venture Fund.

Mumbai and Denver-based cloud-based communication firm CometChat has raised USD 5 Million in a debt funding round from Utah-based Zions Venture Fund. The company will use the fresh funds for product development, geographical expansion, and consolidation across the Asia Pacific region and Europe.
31/03/2023

ixamBee raises INR 5 Cr in pre-Series A led by Inflection Point Ventures

Online learning platform ixamBee has raised INR 5 Cr in its pre-Series A round led by Inflection Point Ventures (IPV). The round also saw participation from SAN Angels, and Keyur Joshi. The funds will be used for marketing, content development, and technology.
31/03/2023

D2C Pet Care Brand Wiggles Acquires Rival Capt Zack

Pune-based D2C pet care brand Wiggles announced the acquisition of rival Capt Zack in a cash and stock deal. Wiggles has acquired a 100% stake in Capt Zack. The acquisition will help Wiggles enter newer categories and markets and bolster the offerings of both brands.
31/03/2023

Polytrade raised USD 3.8 Million in a seed funding round led by Alpha Wave, Matrix Partners, Polygon Ventures and CoinSwitch Ventures.

Web3 startup Polytrade raised USD 3.8 Million in a seed funding round led by Alpha Wave, Matrix Partners, Polygon Ventures and CoinSwitch Ventures. The round also saw participation from Singularity Ventures, GTM Ventures and undisclosed angel investors. The startup aims to utilize the funding received to develop its product suite, […]
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