Archive News

07/09/2023

IPO-Bound Ola Electric Bags USD 140 Million At USD 5.4 Billion Valuation From Temasek, Others

Electric vehicle (EV) maker Ola Electric, Discover our intelligent and sustainable electric vehicles, has reportedly signed an agreement to raise USD 140 Million in a funding round led by Singapore’s sovereign wealth fund Temasek with participation from other existing investors. The capital will give the company more runway and ‘an […]
07/09/2023

Nazara Technologies bags INR 410 Cr from SBI Mutual Fund

Digital gaming and esports company Nazara Technologies, a leading diversified gaming & sports media platform with presence in India, Africa and North America, has raised INR 410 Cr from SBI Mutual Fund, marking the second tranche of INR 750 Cr fundraising.
07/09/2023

Biomaterials startup altM raises USD 3.5 Million in seed round

Biomaterials startup altM, leverages the manufacturing process to cater bio-materials at scale and help industries to reduce their carbon footprints across their supply chains, has secured USD 3.5 Million in a seed round led by Omnivore along with participation from Theia Ventures, Thai Wah Ventures, Sanjiv Rangrass, Neha Mudaliar, Maninder […]
06/09/2023

Ather Energy bags INR 550 Cr from Hero MotoCorp

Electric scooter manufacturer Ather Energy, an Indian two-wheeler electric manufacturer, has entered into an agreement to raise INR 550 Cr from multinational motorcycle manufacturer Hero MotoCorp. The Bengaluru-based company will be raising funds via right issue.
06/09/2023

Anicut raises INR 50 Cr from SIDBI startup fund

Alternative investment firm Anicut Capital has secured an investment of INR 50 Cr from the Small Industries Development Bank of India (SIDBI) for the Anicut Equity Fund. It aims to invest in 12-14 early growth-stage companies (Series A and B) across Anicut and non-Anicut portfolios over the next 18-24 months.
06/09/2023

SBI Investment, Evolvence Co-Lead USD 20 Million Round In Captain Fresh

Business-to-business fish and seafood company Captain Fresh, a farm-to-retail platform for animal protein–fish, seafood and sheep, has raised USD 20 Million in an extended Series C funding round co-led by SBI Investment and Evolvence Capital. The round also saw participation from Accel, Matrix Partners India, Prosus Ventures and Tiger Global.
06/09/2023

Soonicorn Ventures Launches USD 30 Million Angel Fund

Gurugram-based investment platform Soonicorn Ventures has launched an angel fund with a target corpus and a green shoe option of USD 30 Million. The sector-agnostic fund will invest in startups with an average ticket size between INR 50 Lakh – INR 4 Cr. It will participate in seed to Series […]
06/09/2023

Mel Sante Food Production Pvt. Ltd raised an undisclosed amount in its pre-seed funding round.

Mel Sante Food Production Pvt. Ltd, which operates the healthy snack maker Madmix, earlier known as Daily Staple raised an undisclosed amount in its pre-seed funding round. The round was led by Prime Securities and saw participation from Authum Investments and Team India Managers.
05/09/2023

Minjar Founder’s New AI Startup Atomicwork, Bags USD 11 Million To Help Enterprises Automate Workflows

HRtech startup Atomicwork, it brings your employees, IT systems, and HR operations together to drive business impact across your organization, has raised USD 11 Million in its seed funding round. The funding round was led by Blume Ventures and Matrix Partners and also saw participation from Storm Ventures, Neon Fund, […]
05/09/2023

Dailyninja founder’s startup GoodGudi raises seed round

GoodGudi, a fast lifestyle retail chain that will specialise in household and consumer goods, has raised seed money from a clutch of investors. The round was led by AC Ventures. The round also saw participation from April Ventures, Capinity Partners, and HNIs and angels including Kunal Shah and Aprameya Radhakrishna.
05/09/2023

Cirkla raises USD 3 Million in pre seed round led by Matrix and Stellaris

Cirkla, helps brands achieve their sustainability packaging goals through portfolio assessment, design and prototyping and global fulfillment, has raised USD 3 Million in a pre-seed funding round led by Matrix Partners India and Stellaris Venture Partners, with participation from angel investors.
05/09/2023

Interior design startup Flipspaces raises USD 4 Million in pre-Series B round

Mumbai-based interior design startup Flipspaces, provides interior design services and build projects for commercial spaces, has raised USD 4 Million in its pre-Series B round led by Prashasta Seth, former CEO of IIFL AMC. The funding round was a mix of equity and debt. The round also saw participation from […]
05/09/2023

Capital A leads seed round in solar startup Ellipsol

Solar company Ellipsol, develops a retrofittable solution to double the energy yield of conventional photovoltaic panels, has raised INR 2.5 Cr in a seed funding round led by Capital A. The funding round also saw participation of the Grand Anicut Fund and other investors.
05/09/2023

Pepperfry Bags USD 23 Million Funding, Appoints Cofounder Ashish Shah As CEO

Pepperfry, the prominent e-commerce furniture and home goods marketplace in India, has raised USD 23 Million in funding from existing shareholders, including institutional investors and family offices. Company will use the funds to strengthen its ability to cater to the evolving needs of its more than 10 million customer base […]
05/09/2023

Daalchini Backer Unicorn India Ventures Marks First Close Of Third Fund

Unicorn India Ventures has marked the first close of its third venture capital fund at INR 225 Cr. Unicorn India Ventures is looking to raise as much as INR 1,000 Cr for the third vehicle, is expecting to make the final close of the fund by the end of the […]
05/09/2023

Pentathlon Ventures Raising Second VC Fund To Bet On SaaS Startups

Early-stage-focused venture capital firm Pentathlon Ventures has started raising its second fund with a target corpus of 54.4 Million. Pentathlon Ventures primarily invests in business-to-business (B2B) software-as-a-service (SaaS) companies, is looking to deploy the corpus across 25 early-stage startups. It will make investments across enterprise digital transformation, e-commerce enablement, fintech, […]
04/09/2023

ShipEase raises USD 1 Million in pre Series A round

Logistics company ShipEase, a SAAS-based logistics provider helping D2C brands and SME e-tailers to make their supply chain efficient, has raised USD 1 Million in a pre Series A Round led by Inflection Point Ventures.
04/09/2023

Sploot has raised INR 6.6 Cr in a seed funding round from Info Edge’s subsidiary Redstart Labs, Syndicate

Sploot, sploot is a pet-parenting application that provides a platform for dog parents to keep track of their dog’s health and attend expert workshops as well as engage with other pet parents as a community, has raised INR 6.6 Cr in a seed funding round from Info Edge’s subsidiary Redstart […]
04/09/2023

Dailyninja founder’s startup GoodGudi raises seed round

GoodGudi, a fast lifstyle retail chain that will specialise in household and consumer goods, has raised seed money. The round was led by AC Ventures with participation from April Ventures, Capinity Partners, HNIs and angels including Kunal Shah and Aprameya Radhakrishna.
04/09/2023

PrintBrix has raised an undisclosed amount in a pre-seed funding round from early-stage accelerator EvolveX.

PrintBrix, platform provides for printing, designing, and delivering promotional items, streamlining processes and enhancing operational efficiency, has raised an undisclosed amount in a pre-seed funding round from early-stage accelerator EvolveX.
04/09/2023

Lissun has raised USD 1.3 Million in a seed funding round co-led by Inflection Point Ventures and Zerodha’s Rainmatter Capital.

Lissun, a platform that provides individuals with mental healthcare services like guidance, therapies, and solutions for their emotional and mental well-being, has raised USD 1.3 Million in a seed funding round co-led by Inflection Point Ventures and Zerodha’s Rainmatter Capital. The round also saw participation from existing investors IvyCap ventures, […]
01/09/2023

Bengaluru-based micro-venture capital firm gradCapital has launched its second fund of USD 6 Million

Bengaluru-based micro-venture capital firm gradCapital has launched its second fund of USD 6 Million to back student-run startups. gradCapital is targetting to invest in 20 startups in a year. gradCapital is a student-focused micro-venture capital firm that is backed by CIIE, Alagu Periyannan (BlueJeans), Ankur Warikoo and Kanwal Rekhi (Inventus […]
31/08/2023

Travel Planning Startups Holidify & TripCrafters Merge

Travel planning platforms Holidify and TripCrafters have announced their merger. As part of the deal, TripCrafters will become a wholly-owned subsidiary of Holidify but will operate as an independent brand. It will continue to focus on building products and solutions to help travel agents scale their businesses. The merged entity […]
31/08/2023

Facets.cloud Raises USD 4 Mn To Offer Infra Management To Enterprises

Self-serve infrastructure management platform Facets.cloud has raised USD 4 Million in a seed funding round led by 3one4 Capital. The round also saw participation from 100x Entrepreneurs (now Neon) and prominent angels like Abhinav Asthana, Pallav Nadhani, Aneesh Reddy, Krishna Mehra and Sreedhar Pedinneni, among others
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