Archive News

17/08/2023

Medfin, THB Backer HealthXCapital Merges With Jungle Ventures

Singapore-based venture capital firm Jungle Ventures has absorbed early-stage VC firm HealthXCapital to strengthen its presence in the healthcare sector across India and Southeast Asia. The addition of the HealthXCapital team will help Jungle broaden its portfolio and build upon its existing investments in the healthcare sector.
17/08/2023

Fintech startup Bizpay has raised an undisclosed amount in a seed funding round from Inflection Point Ventures.

Fintech startup Bizpay, an expense management platform that offers a prepaid card solution integrated with software-as-a-service (SaaS) software, enabling corporates to streamline expense management, gain insights through analytics, and enforce policy compliance has raised an undisclosed amount in a seed funding round from Inflection Point Ventures.
17/08/2023

Fintech startup Plus has raised INR 2.9 Cr in a seed funding round from EvolveX, WeFounderCircle, Venture Catalyst, Jito Angel Network

Fintech startup Plus, a jewellery savings application that allows users to save for their jewellery, while claiming to provide a 10% annual interest, has raised INR 2.9 Cr in a seed funding round from EvolveX, WeFounderCircle, Venture Catalyst, Jito Angel Network and angel investors such as Vineet Saxena (Card91) and […]
17/08/2023

Teleport has raised INR 4.15 Cr in a pre-seed funding round from a host of investors including Appreciate Capital, Superb Capital, 888vc, and Faad network

Teleport, offers solutions that streamline visa applications. It features automated flows and data-led decisions to maximize visa approval rates, has raised INR 4.15 Cr in a pre-seed funding round from a host of investors including Appreciate Capital, Superb Capital, 888vc, and Faad network, along with angel investors like Kunal Shah […]
16/08/2023

Bhavik Koladiya-led Finix Partners acquires fintech startup Slash

Finix Partners, a venture capital firm led by former BharatPe co-founder Bhavik Koladiya, has acquired fintech startup Slash. Finix is planning to run it independently as a part of Finix Partners portfolio companies. The Slash App is being revamped and will be relaunched soon for the new users.
16/08/2023

Fintech startup Vegapay raises USD 1.1 Million in pre seed round

Fintech startup Vegapay, a digital lending and card management platform, has raised USD 1.1 million in a pre-seed funding round led by Eximius Ventures. The round also saw participation from DSP HMK, Capri Global, Upsparks Capital, MGA Ventures, Climber Capital, Arun Venkatachalam (Murugappa Group), Pratekk Agarwaal (General Partner at GrowthCap […]
14/08/2023

Logistics Unicorn Xpressbees Acquires Trackon

Logistics unicorn Xpressbees has acquired the New Delhi-based courier firm Trackon in an all-cash transaction to enter the SME courier space. The deal would leverage Xpressbees’ existing network to scale up Trackon nationwide. Trackon has primarily focused on the northern and western parts of the country, serving around 5,000 pin […]
14/08/2023

AI-Based Edtech Platform Shaktimaan.Ai Raises Early-Stage Funding

Artificial intelligence (AI)-based edtech startup Shaktimaan.ai, offerings include real-time doubt resolution and personalised feedback, with detailed evaluations of students’ handwritten answers, raises USD 2 Million in a seed funding round from startup accelerator YCombinator, Fundersclub, GoodWater Capital along with Misbah Ashraf and Nishchay AG (Jar), amongst others.
11/08/2023

Bluwheelz, which provides EV fleet management services, has raised INR 4.1 Cr in a seed round, led by Faad Network.

Bluwheelz, an EV-based fleet management service provider which caters to a diverse set of clients operating in the domain of e-commerce, logistics, FMCG, food delivery, pharma, durables, urban mobility, has raised INR 4.1 Cr in a seed round, led by Faad Network. The round also saw participation from Lets Venture, […]
10/08/2023

Actor Kareena Kapoor Khan Invests In D2C Brand Pluckk

D2C fruits and vegetables brand Pluckk, the startup claims to offer over 400 products across 15+ categories including essentials, exotics, hydroponics, and cuts, mixes, has secured an undisclosed amount of funding from Bollywood actor Kareena Kapoor Khan. Besides, the startup has also onboarded the actor as its brand ambassador.
10/08/2023

Gaming startup MetaShot raises USD 400 K in pre-seed round

Bengaluru-based gaming startup MetaShot, platform offers users an immersive cricket experience from the comfort of their living rooms, has raised USD 400 K in a pre-seed round led by Inflection Point Ventures. The round also saw participation from an early-stage gaming focussed fund and prominent angels including founders of Dineout […]
10/08/2023

Krafton earmarks USD 150 Million more to invest in Indian gaming startups

South Korean gaming company Krafton, Inc., which has invested in Indian entertainment and gaming startups like Kuku FM, Nodwin Gaming, One Impression, Loco, and Nautilus Mobile, has earmarked an additional USD 150 Million to invest in Indian companies over the next two to three years. Krafton invests in sectors, including […]
09/08/2023

Debt collection-focused software-as-a-service startup Credgenics has raised Series B funding of USD 50 Million led by existing investors Westbridge Capital, Accel and Tanglin Ventures

Debt collection-focused software-as-a-service startup Credgenics, helps banks and NBFCs streamline their collection processes and reduce their non-performing assets by using technology to reduce manpower used for legal and collection processes, has raised Series B funding of USD 50 Million led by existing investors Westbridge Capital, Accel and Tanglin Ventures, along […]
09/08/2023

Ayurveda-focused wellness brand Dr Mantra has raised a bridge round of INR 1.65 Cr led by 100X.VC

Ayurveda-focused wellness brand Dr Mantra, an ayurveda-based brand that develops products and solutions to tackle various health concerns, particularly kidney Stones, has raised a bridge round of INR 1.65 Cr led by 100X.VC, with participation from angel investors Deep Bajaj and Mohit Bajaj (Sirona).
09/08/2023

Artificial intelligence (AI)-based fitness platform All Is Well has secured INR 2.07 Cr in a funding round from a host of investors including Bharat Founders Fund and angel investors

Artificial intelligence (AI)-based fitness platform All Is Well, offers AI-driven insights and access to personalised physical, nutrition and mental training techniques that have been used by noted athletes, has secured INR 2.07 Cr in a funding round from a host of investors including Bharat Founders Fund and angel investors like […]
09/08/2023

Digital wellness brand What’s Up Wellness has raised USD 1.7 Million in a seed funding round led by Unilever Ventures

Digital wellness brand What’s Up Wellness, offers various types of gummy supplements, has raised USD 1.7 Million in a seed funding round led by Unilever Ventures, the venture capital arm of FMCG major Unilever. The round also saw participation from What’s Up Wellness’ existing angel investors.
08/08/2023

Fitspire has secured an undisclosed amount in a pre-Series A funding round led by the founders of VC firm LC Nueva and singer Sukhbir Singh

StarCap Wellness Pvt. Ltd. which runs vegan personal care products brand Fitspire, has secured an undisclosed amount in a pre-Series A funding round led by the founders of VC firm LC Nueva and singer Sukhbir Singh. The round also saw participation from the family office of Jaipurias along with angel […]
08/08/2023

Ayurveda-based babycare brand BabyOrgano has raised INR 1.24 Cr in pre-seed funding round from early-stage VC fund DevX Venture Fund

Ayurveda-based babycare brand BabyOrgano, a direct-to-consumer (D2C) babycare brand that uses Ayurveda to create natural and safer products for kids, has raised INR 1.24 Cr in pre-seed funding round from early-stage VC fund DevX Venture Fund.
08/08/2023

Go Zero has secured USD 1 Million in a pre-Series A funding round from a host of investors including DSG Consumer Partners, Saama, and V3 Ventures

Go Zero, an ice cream brand that offers health-conscious consumers ice creams and other products, has secured USD 1 Million in a pre-Series A funding round from a host of investors including DSG Consumer Partners, Saama, and V3 Ventures, along with angel investors Shantanu Deshpande (Bombay Shaving Company), Nikhil Vora […]
08/08/2023

Business-to-business (B2B) manufacturing logistics platform Bidso has secured USD 1.5 Million in a funding round led by PeerCapital

Business-to-business (B2B) manufacturing logistics platform Bidso, offers a full-stack solution for brand sourcing, from product discovery to supplier discovery to value discovery and fulfillment, has secured USD 1.5 Million in a funding round led by PeerCapital. The round also saw participation from DeVC and angel investors like Mohit Sadaani (The […]
08/08/2023

Stable Money has raised USD 5 Million in a seed funding round co-led by Matrix Partners India and Lightspeed.

Stable Money, a fintech platform that aims to provide users with reliable fixed-income investment opportunities, has raised USD 5 Million in a seed funding round co-led by Matrix Partners India and Lightspeed. The round also saw participation from Titan Capital, Mar Shot Ventures and angel investors including Kunal Bahl and […]
08/08/2023

Lumikai Backer MIXI Sets Up USD 50 Million India-Focussed Corporate VC Arm

Japanese mobile entertainment company MIXI Global Investments Inc., which is a limited partner in gaming-focused venture capital firm Lumikai, has set up an India-focused corporate venture capital firm. The VC firm will invest USD 50 Million in early-stage entertainment and consumer services startups in the country.
08/08/2023

Bengaluru-based Qoruz has raised an undisclosed amount in a seed funding round from a host of investors including Dexter Angels and angel investors

Bengaluru-based Qoruz, an influencer marketing platform that acts as a search engine for content creators and claims to work with 600 brands monthly, has raised an undisclosed amount in a seed funding round from a host of investors including Dexter Angels and angel investors like IIM Indore and Ideotic Media, […]
07/08/2023

Enterprise Skilling Platform Disprz Bags USD 30 Million To Jump On The Gen AI Bandwagon

Disprz, a corporate learning and skilling platform, has raised USD 30 Million in its Series C funding round led by Lumos Capital. 360 ONE Asset (IIFL Wealth) and existing investors Kae Capital, KOIS and Dallas Venture Capital also participated. Founded in 2015 by Subramanian Viswanathan and Kuljit Chadha, Chennai-based Disprz […]
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