Archive News

05/03/2020

VC-backed coffee brand Sleepy Owl takes a fresh sip of funding

Sleepy Owl Coffee Pvt Ltd, which owns a ready-to-drink coffee brand, has raised funding led by investment firm Rukam Capital.
05/03/2020

Cred, Rebel Foods backer RTP Global floats third venture capital fund

Russian venture capital firm RTP Global, which has invested in Indian startups such as Cred and Rebel Foods, has launched its third fund with a target to raise as much as USD 650 million and the new fund, which is more than triple the size of its predecessor, will invest […]
04/03/2020

Ixigo invests in gogoBus mobility startup, enters bus-booking segment

Travel tech start-up Ixigo has invested an undisclosed sum of money in inter-city mobility company gogoBus.
04/03/2020

Swiss asset manager responsAbility backs Ess Kay Fincorp via debt financing

Ess Kay Fincorp Ltd, a non-banking financial company that focusses on the commercial vehicle and small business segments, has raised INR 86 crore in debt funding from Swiss asset manager responsAbility AG
04/03/2020

University of Tokyo Edge Capital leads Series B funding in health-tech startup Tricog

Healthcare analytics firm Tricog Health Services has raised INR 76 crore as part of its Series B round of funding led by University of Tokyo Edge Capital.
04/03/2020

Trell raises pre-Series A funding from Sequoia’s Surge, Fosun RZ

Trell Experiences Pvt Ltd, which runs a lifestyle community commerce platform, has raised USD 4 million in a pre-Series A funding round and the round has been led by Setuoia Capital accelerator Surge and Fosun Group investment arm Fosun RZ Capital.
03/03/2020

Paytm arm gets IRDAI’s brokerage licence

Paytm subsidiary Paytm Insurance Broking has secured a brokerage licence from sector regulator Insurance Regulatory and Authority of India (IRDAI) and the company plans to offer insurance products across categories including automotive, health and life.
03/03/2020

Oyo-backer Lightspeed eyes third USD 300 million India fund

Top Silicon Valley venture capital firm Lightspeed is on the road for its third India-focused fund, which is expected to mop up USD 250-300 million by the next quarter.
03/03/2020

InnoVen adds around INR 47 crore to Bounce

Bounce has raised around INR 47 crore in debt from InnoVen Capital taking the venture debt fund’s total investment in the Scooter-sharing startup to around INR 87 crore
03/03/2020

Youth hostel chain goStops raises investment from Atraxn Partners

Delhi-based youth hostel chain goStops has raised an undisclosed amount of funding from Atraxn Partners, an angel investor firm headed by Nirmal Singh and Pawan Kumar.
03/03/2020

Fintech startup Chqbook.com bags Series A funding from Aavishkaar

Nineroot Technologies, which runs a small business-focussed financial technology startup Chqbook, has raised USD 5 million in its Series A funding from Aavishkaar Capital.
03/03/2020

Food company Cross Border Kitchens bags angel funding

Cross Border Kitchens (CBK), which runs an internet-driven multi-brand food and beverage company, has raised angel funding.
03/03/2020

Nandan Nilekani’s Fundamentum fires up used-car retailer Spinny with Series B cheque

Pre-owned cars platform Spinny has raised around INR 316 crore in its Series B funding led by the Fundamentum Partnership, which provides growth capital for mid-stage technology companies in India.
03/03/2020

Wavemaker Partners leads funding round in fashion-focussed startup FlixStock

Flixstock India, which runs a fashion-focussed image technology startup, has raised around INR 18 crore in a funding round and the round has been led by Wavemaker Partners, an early-stage venture capital firm based in Los Angeles and Singapore.
03/03/2020

Anicut’s angel fund, others cobble up funding deal for footwear startup Neeman’s

Sustainable footwear startup Neeman’s, has raised nearly USD 1 million in this funding round led by Anicut Angel Fund.
02/03/2020

India’s SMEcorner raises USD 30 million led by Paragon Partners, others

SMEcorner, which lends to micro, small and medium enterprises (MSMEs), has raised USD 30 million through a mix of equity and debt in its Series B funding round which was led by private equity firm Paragon Partners.
02/03/2020

Samsung Venture leads Series A funding in video publishing firm Flickstree

Flickstree Productions, which runs an artificial intelligence-based video publishing network, has raised USD 3 million in its Series A funding round and the round was led by the Samsung Venture Investment.
02/03/2020

Social tech startup Josh Talks mops up pre-Series A funding

Josh Talks, which runs a local language-based youth-focussed skilling and guidance platform, has raised around INR 11 crore in pre-Series A funding round from Media Development Investment Fund (MDIF).
28/02/2020

Product engineering firm GoScale Group has acquired Indiez, an AI powered tech talent community in a bid to solidify its presence and boost its reach in the remote sphere sector

Product engineering firm GoScale Group has acquired Indiez, an AI powered tech talent community in a bid to solidify its presence and boost its reach in the remote sphere sector.
28/02/2020

AR/VR startup AjnaLens raises around INR 11 crore from Maharashtra Defence and Aerospace Venture Fund, others

AjnaLens has raised around INR 11 crore in a Pre-Series-A funding round led by Maharashtra Defence and Aerospace Venture Fund (MDAVF) and HNI investors like Nailesh Khimji, Chirayu Khimji, Jay Jesrani, and Mohsin Group
28/02/2020

Indian Angel Network backs energy analytics startup MinionLabs

MinionLabs India, a Bengaluru-based startup that provides real-time insights into energy consumption of electric appliances, has raised funding from the Indian Angel Network.
28/02/2020

Sequoia, MassMutual Ventures bet on health-tech startup Qure.ai

Qure ai Technologies, a Mumbai-based healthcare-technology startup, has raised USD 16 million in a funding round led by Sequoia Capital and Singapore-based MassMutual Ventures Southeast Asia also participated in the round.
27/02/2020

Nexus-Backed Hasura Raises around USD 10 Million In Series A Funding

San Francisco and Bangalore-based Hasura has raised around USD 10 Million in series A funding led by Vertex Ventures US.
27/02/2020

PhonePe gets INR 427 crore from Singapore based parent company

Walmart-owned Flipkart’s digital payments arm PhonePe has received INR 427 crore cash infusion from its Singapore-based parent company.
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