Archive News

06/12/2021

Soulflower Raises Funding From Wipro Consumer Care-Ventures

Clean beauty D2C startup Soulflower, has raised an undisclosed amount from Wipro Consumer Care-Ventures, the VC fund of Wipro Consumer Care and Lighting. The brand claims to have unique formulations developed through robust R&D and sustainable manufacturing.
06/12/2021

B2B export platform BlueRickshaw raises angel funding

BlueRickshaw, a business-to-business export platform operated by Blue Rickshaw Pvt Ltd, has raised USD 300,000 in angel funding by US-based investor Jay Narang.
06/12/2021

Nucros Science & Taste raises Pre-Seed funding round led by Aavejak Advisers, ID8 Ventures, others

Nucros Science & Taste, a subscription-based food-and-beverage provider, has raised USD 900,000 in a pre-Seed funding round led by Aavejak Advisers, ID8 Ventures, Innoscale Global Foundation and Delhi Angels Network.
06/12/2021

Curefit raises USD 145 million in funding round led by Zomato

Curefit Healthcare Pvt. Ltd., which operates fitness platform Cultfit, has raised USD 145 million in a funding round led by food delivery company Zomato. Accel, South Park Commons, Singapore-based investment company Temasek Holdings Ltd, a few individuals, and Curefit’s co-founder Mukesh Bansal also participated in the round.
06/12/2021

Financing platform Klub raises undisclosed amount from debt-financing platform Northern Arc

Revenue-based financing platform Klub, has raised an undisclosed amount from market-bound Northern Arc Capital in a debt financing round.
03/12/2021

Fintech startup PayGlocal raises USD 4.9 Million from Sequoia Capital India

Payment solutions startup PayGlocal, has raised $4.9 million in a Series A funding round led by Sequoia Capital, along with investors such as BeeNext, Jitendra Gupta, and Amrish Rau. PayGlocal enables merchants to accept and collect payments from customers residing outside India in the currency of their choice and using […]
03/12/2021

We Founder Circle backs fintech startup Microfinance.ai

Uthaan Technologies Pvt Ltd, which operates Microfinance.ai, a fintech startup, has raised USD 200,000 in a Pre-Seed funding round led by We Founder Circle. The round also witnessed the participation of FAAD Network, Gujarat University Start-up and Entrepreneurship Council and others.
03/12/2021

Mosaic Wellness raises USD 1.25 million from Spring Marketing Capital

Mosaic Wellness Pvt Ltd, a health and wellness startup, raised USD 1.25 million from Spring Marketing Capital. The investment by Spring Marketing Capital was a marketing-led strategic partnership.
03/12/2021

Artha Venture Fund, Growx Ventures, others, back data automation platform Immensitas

Data automation platform Immensitas Pvt Ltd, has raised USD 2.3 million in a Pre-Series A1 round co-led by Growx Ventures, Artha Venture Fund and DSP Investment Managers Pvt Ltd. The round also saw the participation of LogX Ventures and Atrium Angels, the ISB alumni-sponsored micro-venture capital fund.
03/12/2021

8i Ventures to raise USD 50 million fund for investing in fintech and consumer companies

8i Ventures, an early-stage VC fund launched 8i Fund II of USD 50 million, with a sharp investment focus on nurturing consumer-tech and fintech companies in India. The fund’s cheque sizes will range between USD 500,000 to USD 5 million, depending on the growth stage and maturity of the company.
02/12/2021

Cloud kitchen startup BOX8 raises USD 40 Million from Tiger Global

Cloud kitchen startup EatClub Brands formerly known as BOX8, has raised USD 40 million from New York-based investment firm Tiger Global.EatClub Brands operates eight brands, including BOX8 and MOJO Pizza, and is present in five cities including Mumbai, Bengaluru and Pune. It operates 150 kitchens.
02/12/2021

CollegeDekho raises USD 35 million led by Winter Capital, others

College admission and higher education services platform CollegeDekho, has raised USD 35 million in its Series B round of funding. The round was led by Winter Capital Partners, the private equity arm of ETS- ETS Strategic Capital, along with Calega and Man Capital.
02/12/2021

Chennai-Based Agritech Veg Route Raises Pre-Seed Funding From Fintech Founders

Veg Route, an Agri tech fresh produce B2C supply chain, has raised USD 125,000 in a Pre-Seed funding round led by Mohan K and Jai Kumar, co-founders of fintech Ippopay, Prabhu R, co-founder of M2P Fintech, and UAE-based fintech Foloosi’s founder Omar Bin Brek.
02/12/2021

Grip Invest backs cloud kitchen start-up Big Spoon in a USD 2 million asset financing deal

Grip Invest, a lease finance platform has entered into a USD 2 million lease financing deal with cloud kitchen start-up Big Spoon.Bigspoon is a multi-brand and omnichannel cloud kitchen business focused on Tier-II cities.
02/12/2021

Credit platform Simpl raises USD 40 million in Series B financing

Fintech startup Simpl, which offers buy now, pay later services, has raised USD 40 million as a part of its Series B round, led by Valar Ventures and IA Ventures. Existing investors along with new investor LFH Ventures participated in the round.
02/12/2021

CRED To Acquire Corporate Expense Management Startup Happay at USD 180 Million Valuation

Cred has agreed to acquire Happay, a corporate expense management platform, in a cash-and-stock deal to add to its suite of fintech offerings. While financial details of the proposed Cred-Happay deal weren’t disclosed, the transaction pegs Happay’s valuation at nearly USD 180 million.
01/12/2021

Skilling app Kidvento raises pre-series A funding of USD 1 million

Kidvento.app, a Mysore-based skilling platform for children, has secured USD 1 million in pre-series A funding from strategic investors in the United Kingdom and the Middle East.Kidvento, which provides skilling curriculum for kids through live and recorded classes.
01/12/2021

EdTech startup NxtWave raises USD 2.8 million pre-Series A funding

Hyderabad-based EdTech startup NxtWave, has raised USD 2.8 million pre-Series A funding led by Orios Venture Partners and Better Capital. NxtWave aims to build an online university for 4.0 tech careers without the need for a conventional college degree.
01/12/2021

Photography Workflow Management platform Premagic bags INR 2 crore in Pre-seed funding

Photography Workflow Management platform Premagic, has raised INR 2 crore in a pre-Seed funding round from 300 ventures and angel investors.
01/12/2021

Inflection Point Ventures backs data management platform Parablu

Parablu Inc, a software as a service data management platform, has raised USD 1 million led by Inflection Point Ventures.
01/12/2021

Ykrita Life Sciences raises USD 1.2 million Seed funding led by Venture Catalysts

Ykrita Life Sciences (YLS), has raised a sum of USD 1.2 million in the seed funding round led by Venture Catalysts. Indian Scientific Innovation Company Limited also participated in this round. Ykrita Life Sciences is a team of inter-disciplinary scientists and clinicians working together to develop a remedy for acute […]
01/12/2021

Online B2B logistics firm DCGPac raises INR 5 crore from Venture Catalysts, 9unicorns, others

DCGPac.com, an online business-to-business packaging solutions and products company, has raised INR 5 crore in its pre-Series A funding round led by incubator and accelerator platform Venture Catalysts, and a fund set up by Venture Catalysts–9unicorns.
01/12/2021

Edtech startup Adda247 secures USD 20 million in Series B funding led by WestBridge Capital

Multilingual edtech platform Adda247, has raised USD 20 million as part of its Series B funding round led by private equity firm WestBridge Capital. Existing investors, including Info Edge, Asha Impact and JM Financials participated in this investment round.
01/12/2021

Game-based investment startup Fello raises USD 1 million in Seed funding

Fello, which claims to be India’s first game-based investment startup, has raised $1 million in its Seed funding round led by global investor Entrepreneur First. Other investors in the seed round included Acequia Capital, Kube VC, Upsparks, JITO Angels, Dexter Angels, and other HNIs.
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