Archive News

13/10/2022

Tiger Global, Blume, Others Invest In Vecmocon

Deeptech electric vehicle (EV) startup Vecmocon Technologies has secured USD 5.2 Million in a pre-Series A funding round from Tiger Global and Blume Ventures, with participation from a host of strategic angel investors.
13/10/2022

Eagle Investments Writes USD 10 Million Cheque To Co-Living And Food Court Firm Isthara

Hyderabad-based co-living and food court startup Isthara has secured USD 10 Million in a fresh capital raise from Dubai-based private investment company Eagle Investments. The company plans to use the fresh funds to foray into the business-to-consumer retail food court space and expand its footprint in the co-living sector.
13/10/2022

Fitness SaaS Platform FitBudd Bags USD 3.4 Million Funding

Fitness industry focussed software as a service (SaaS) platform FitBudd has raised USD 3.4 Million in a seed funding round from Accel India, Beenext, Sequoia Capital India and Waveform Ventures. The Company will use the funds to drive product development and accelerate client growth.
13/10/2022

Crypto Platform Pillow Raises USD 18 Million In Series A Round

Cryptocurrency investment platform Pillow secured funding amounting to USD 18 Million in a Series A funding round co-led by Accel, Quona Capital, Jump Capital, and existing investor Elevation Capital.
13/10/2022

PhysicsWallah Makes Two Acquisitions

Edtech unicorn PhysicsWallah, backed by Westbridge and GSV Ventures among marquee investors has acquired test preparation platform PrepOnline and exam preparation books publisher Altis Vortex for an undisclosed amount in a cash-and-stock deal. This marks the Noida-based company’s second acquisition after turning unicorn in June. In August, it acquired Jaipur-based […]
12/10/2022

Diagnostics Platform 5C Network Raises Series A Funding

Medical diagnostics platform 5C Network raised USD 4.6 Million in a Series A funding round, led by venture capital firm Celesta Capital, with participation from existing investors including Unitus Ventures, Axilor Ventures. Angel investors including Ajay Gupta, Rohit Razdan and Shiv Tallam also participated in the financing round
12/10/2022

IIFL Group Becomes Majority Stakeholder In Trendlyne With USD 1.8 Million Investment

India Infoline Finance Ltd (IIFL) Group’s early-stage investing vehicle IIFL Fintech Fund led the Series A investment round in analytics firm Trendlyne, with a funding of USD 1.8 Million. With its second-time investment in the analytics platform, IIFL Securities Ltd, one of the founders now holds a majority stake in […]
12/10/2022

MS Dhoni Picks Up Stake In Plant Protein Startup

Liberate Foods Pvt. Ltd, which runs plant protein startup Shaka Harry announced that former former cricketer Mahendra Singh Dhoni has invested an undisclosed amount in the company.
12/10/2022

Fireside Ventures Announces Final Close Of Third Fund

Early-stage consumer-focused venture capital fund Fireside Ventures has announced the final close of its third fund at USD 225 Million. Fireside Fund III will invest in 25-30 startups that adhere to its thesis of digital-first consumer brands. It will focus on health and wellness, edutainment, lifestyle and FMCG (fast-moving consumer […]
12/10/2022

Tiger Global, Blume, Others Invest In Vecmocon

Deeptech electric vehicle (EV) startup Vecmocon has secured USD 5.2 Million in a pre-Series A funding round from Tiger Global and Blume Ventures, with participation from a host of strategic angel investors. The New Delhi-based platform will use the fresh funds for team building, business expansion, scaling up of operations […]
12/10/2022

Footwear Brand Yoho Raises INR 20 Cr In Series A Funding

Footwear direct-to-consumer brand Yoho has raised INR 20 Cr in a Series A round of funding led by existing investors Softbank Vision Fund’s chief executive Rajeev Mishra, Rukam Capital, and Paytm’s Vijay Shekhar Sharma. Other undisclosed investors also participated in the round.
11/10/2022

MakerDojo.io secured USD 1.5 Million in a pre-seed funding round led by Leo Capital

Blockchain software as a service (SaaS) startup MakerDojo.io secured USD 1.5 Million in a pre-seed funding round led by Leo Capital. MakerDojo.io looks to utilize these funds towards talent acquisition and product innovation aimed at expanding offerings for its blockchain protocols.
11/10/2022

Wishlink raised about USD 3 Million in a seed funding round led by venture capital firm Elevation Capital

Creator-focused commerce startup Wishlink raised about USD 3 Million in a seed funding round led by venture capital firm Elevation Capital. The round also saw participation from several angel investors including Vidit Aatrey and Sanjeev Barnwal from Meesho; Treebo’s Rahul Chaudhary’ Sharechat’s Ankush Sachdeva; Ghazal Alagh from Mamaearth and from […]
11/10/2022

Artha Group Launches INR 450 Cr Micro VC Fund

Mumbai-based Artha Group announced the launch of INR 450 Cr micro venture capital fund. The firm will invest in follow-on rounds of its portfolio startups. The fund will commit up to INR 20 Cr in the Series B round and additional INR 20 Cr in the Series C round in […]
11/10/2022

Hubbler raise about USD 1.5 Million from LenDenClub Alpha, Artha Venture Fund and Unicorn India Ventures in a seed round

Hubbler, a no-code platform offering application development raise about USD 1.5 Million from LenDenClub Alpha, Artha Venture Fund and Unicorn India Ventures in a seed round. The platform plans to deploy these funds to enter new markets globally and increase its user base.
11/10/2022

Healthtech startup Onsurity onboarded former cricketer Anil Kumble as a strategic adviser and investor

Healthtech startup Onsurity onboarded former cricketer Anil Kumble as a strategic adviser and investor. The details of his investment, however, remain undisclosed. Onsurity offers monthly subscription-based employee health benefits options to regular and gig workers in SMEs operating in sports, environment, forest, technology and allied sectors.
11/10/2022

Wildermart raised USD 32,000 in a seed funding round from a bunch of angel investors

Bengaluru-based grocery startup Wildermart raised USD 32,000 in a seed funding round from a bunch of angel investors including Sairee Chahal, Anand Rangaswamy, Sreenivasan Ramki, Sandeep Komaravelly, Anuroop Krishnan, among others. The omnichannel grocery startup plans to utilize these funds to accelerate customer acquisition and retention, brand building, and talent […]
11/10/2022

B2B textile supplier Nona Lifestyle raised USD 1.4 Million from LC Nueva and other HNIs

B2B textile supplier Nona Lifestyle raised USD 1.4 Million from LC Nueva and other HNIs in a pre Series-A funding round. The textile startup looks to use these funds to develop its back-end technology and manage its marketplace platform.
10/10/2022

Online Music Learning Platform Artium Academy Bags Funding From Chiratae Ventures, Others

Online music learning and community platform Artium Academy has raised USD 3 Million in a funding round led by tech-focused venture capital firm Chiratae Ventures. Other early-stage investors like Anicut Capital, Jet Synthesis, and Whiteboard Capital as well as several entrepreneurs also participated in the round
10/10/2022

Bira 91 Acquires Brewery Kamakhya Beer From CDL In A Share Swap Deal

New Delhi-based beer maker Bira 91 has acquired UP-registered brewery company Kamakhya Beer & Bottling Private Limited in a share swap deal. CDL is an Indian liquor manufacturer which owns brands such as Indian No.1 Magnum Whiskey, Red Indian Rum, Palm Beach Whiskey, among others
10/10/2022

Tribe Capital Targets USD 1 Billion Investment In India Over 2 Years

Tribe Capital is planning to deploy up to USD 1 Billion over the next two years. The investor plans to build a focussed portfolio of around 10-15 companies over the next few years, besides making follow-on investments into its existing portfolio.
10/10/2022

Inflexor Ventures, Omnivore Back Agribiotech Startup BioPrime

Agricultural biotechnology startup BioPrime AgriSolutions has secured INR 9 Cr as a part of its pre-Series A funding round led by venture capital firm Inflexor Ventures, with participation from the existing investor Omnivore. The Pune-based firm plans to deploy the fresh proceeds for expansion, ramping up its production capabilities and […]
10/10/2022

Warburg To Acquire Majority Stake In Vistaar, Existing Investors To Exit

Global private equity firm Warburg Pincus has entered into a definitive agreement to acquire a majority stake in non-banking finance company Vistaar Finance Pvt. Ltd, via an affiliate. The acquisition will give an exit to Vistaar Finance’s existing investors WestBridge Capital, Elevar Equity, Omidyar Network India and Saama Capital. The […]
10/10/2022

Adani Group In Talks To Raise USD 10 Billion For Clean Energy, Cement Bets

Billionaire Gautam Adani and his family are in early talks with investors, including Temasek, Singapore’s sovereign wealth fund GIC, and other wealth and private equity funds to raise at least USD 10 Billion to fund the group’s expansion plans in clean energy, ports and cement businesses.
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