Archive News

24/09/2020

Hopscotch raises USD 25 million from EE Capital, others

Hopscotch, a fast-fashion kids’ clothing brand, has raised USD 25 million from Facebook co-founder Eduardo Saverin’s investment arm EE Capital, Lionrock Capital, Rise Capital, RPG Ventures and IIFL Seed Ventures Fund, at a time of rising investor in new-age consumer brands. Angel investors including Wei Yan, the cofounder of Diapers.com, […]
24/09/2020

Servify raises USD 23 million financing led by Iron Pillar

Device lifecycle management platform Servify has raised USD 23 million in Series C funding, led by existing investor Iron Pillar, along with participation from Blume Ventures, Beenext, Tetrao SPF and Trifecta Capital. New investors in the round include asset management firm 57 Stars, DMI Finance’s investment arm Sparkle Fund, Silicon […]
24/09/2020

Bharti Airtel picks up stake in cloud telephony-focussed AI platform Waybeo

Telecommunications major Bharti Airtel Ltd has acquired a 10% stake in Waybeo Technology Solutions Pvt. Ltd, making the Thiruvananthapuram company its latest bet via its Airtel Startup Accelerator Program.
23/09/2020

ClanConnect.ai raises INR 5 crore led by Venture Catalysts

ClanConnect.ai, a platform that connects influencers to brands, has raised INR 5 crore from investors led by Venture Catalysts along with a clutch of angels including Samrath Bedi, managing director of Forest Essentials; Sandeep Aggarwal, founder, Droom.in and others.
23/09/2020

Melorra raises USD 12.5 Million from Symphony Asia, Lightbox Ventures, Alteria Capital, others

Melorra, a Bengaluru-based jewellery startup, has raised USD 12.5 million in funding from Symphony Asia, Lightbox Ventures and Alteria Capital. Others who participated in the round included existing and new family offices of Burman, Jeejeebhoy and others.
23/09/2020

BYJU’S raises funds from BlackRock, Sands Capital, others

Edtech major BYJU’S had raised an undisclosed funding from BlackRock, Sands Capital, and Alkeon Capital. Existing investors General Atlantic, Owl Ventures, and Tiger Global also participated in this round.
23/09/2020

Healthcare Startup BestDoc Raises USD 2.1 Million From Accel Partners, Arkam Ventures

BestDoc, a Kerala based healthtech SaaS startup, has raised USD 2.1 Million in a Pre-Series A round from Accel Partners and Arkam Ventures. Bengaluru-based SEA Fund, an existing investor also participated in this round.
23/09/2020

Mumbai-based startup Onsitego raises USD 10 Million from IFC

After-sales services startup Onsitego has raised an additional USD 10 million in its Series B round from IFC. The first part of the round was led by Zodius, with participation from existing investor Accel Partners, in February this year. Onsitego raised a total of USD 30 million in the Series […]
23/09/2020

Times Internet-backed Classplus secures INR 75 crore in fresh funding

Education-technology platform Classplus has raised a little over INR 75 crore as part of a new funding round from investors including Alpha Wave Incubation and existing backers RTP Global and Blume Ventures.
23/09/2020

Chicago-based Creation Investments leads funding for Vivriti Capital

Non-bank lender Vivriti Capital Pvt Ltd has raised INR 100 crore as part of its Series B funding round. This exercise has been led by existing backer Creation Investments.
22/09/2020

Samara Capital, Amazon infuse INR 275 crore in supermarket chain More

Witzig Advisory Services, the holding company of More supermarket chain, has raised INR 275 crore from ecommerce major Amazon and private equity firm Samara Capital.
22/09/2020

Skincare startup mCaffeine raises Rs 42 Cr in Series B round from Amicus Capital, others

Mumbai-based company Pep Technologies, which owns skincare brand mCaffeine, has raised INR 42 crore in a Series B round from Amicus Capital, along with RPSG Ventures, and Aman Gupta, Founder of Boat Audio. Its existing investor Telama Investments also participated in the round.
22/09/2020

Business process automation startup Precily gets seed funding

Palo Alto- and New Delhi-based Precily Inc., a software-as-a-service (SaaS) platform focussed on automating legal and taxation business functions, has raised an undisclosed seed capital led by Windrose Capital.
21/09/2020

Indian mobile gaming platform Mobile Premier League raises USD 90 million

Mobile Premier League (MPL) has raised USD 90 million in a new financing round led by SIG, early-stage tech investor RTP Global, and MDI Ventures with participation from existing investors Sequoia India, Go-Ventures, and Base Partners.
21/09/2020

Indore-based conversational AI startup GenieTalk raises USD 750,000

Conversational AI startup GenieTalk has received its first round of angel investment of USD 750,000 from Shankeshwar Technologies LLP at a valuation of USD 10 million.
18/09/2020

Prime Venture Partners finds ninth SaaS investment in Zuper

Early stage venture fund Prime Venture Partners has led a USD 1.1 million seed funding round in workforce management software services provider Zuper.Other investors in the round were Gunderson Dettmer and Gemba Capital.
18/09/2020

Architecture and design software firm Infurnia pulls in angel funding

Infurnia Technologies Pvt. Ltd, an architecture and interior design software firm, has raised USD 240,000 in funding from a clutch of angel investors.
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.
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