Archive News

28/11/2019

CarDekho Acquires Carmudi Philippines To Expand To Southeast Asia

Jaipur-based CarDekho Group has acquired auto marketplace Carmudi Philippines to expand its services across Southeast Asia
28/11/2019

Biotech Startup Zumutor Biologics Rakes In USD 4 Million Fresh Funding

Immuno-oncology startup Zumutor Biologics has raised USD 4 Million in fresh funding from Bharat Innovation Fund and Accel Partners
27/11/2019

BlackBuck Bags INR 56 Crore From Trifecta In Mixed Round Of Debt And Equity

Bengaluru-headquartered logistics startup BlackBuck has raised INR 56 Crore in a mixed round of equity and debt funding from Trifecta Venture.
27/11/2019

Roots Ventures leads pre-Series A funding in ayurvedic beauty brand Just Herbs

APCOS Naturals, which markets ayurvedic beauty brand Just Herbs, has raised around 11 crore in a pre-Series A funding round led by Roots Ventures
27/11/2019

India Quotient, First Cheque take part in seed round in vehicle maintenance startup FirstU

FirstU, a startup providing a subscription-based service for vehicle maintenance, has raised an undisclosed amount of money in a seed funding round from a clutch of investors, including early-stage investors India Quotient and First Cheque
27/11/2019

Bajaj Auto backs InMobi co-founder’s e-mobility startup Yulu

Indian motorcycle maker Bajaj Auto has invested USD 8 million in venture capital-backed e-mobility service provider Yulu Bikes, which was started by InMobi co-founder Amit Gupta
27/11/2019

Orios Venture Partners bets on startup floated by RentoMojo co-founder

Early-stage venture capital firm Orios Venture Partners has invested INR 5 crore in Gully Network Retail, a technology-enabled chain of small-format kirana stores
27/11/2019

Enterprise-tech startup Tookitaki closes Series A funding round at round USD 19 million

Tookitaki, a software-as-a-service (SaaS) firm which develops artificial intelligence-based sustainable compliance solutions for financial institutions, has closed its Series A funding round, raising around USD 19 million
27/11/2019

Logistics-tech startup Holisol raises INR 20 crore from BlackSoil Capital

Holisol Logistics, a startup that provides supply chain solutions to original equipment manufacturers (OEMs) and retailers, has raised INR 20 crore in asset financing from the Mumbai-based non-banking financial company BlackSoil Capital
26/11/2019

InMobi Group buys video content platform Roposo

Japan’s SoftBank-backed InMobi Group has acquired video content platform Roposo, as it looks to ramp up curated content on its platform Glance in regional Indian languages
26/11/2019

Airtel X Labs Strengthens Tech Innovation With Acquihire Of Logistics Startup Quikmile

In its bid to strengthen technology stack, telecommunications company Bharti Airtel, announced acquihire of Gurugram-based logistics startup Quikmile.
26/11/2019

Shuttl Gets USD18 Million Series C Boost From SPARX, Toyota Tsusho

Gurugram-based bus aggregator startup Shuttl has raised USD 18 Million in Series C funding and the investment has come in from SPARX Group (through its Mirai Creation Fund II) and Toyota Tsusho Corporation
26/11/2019

Just Herbs Raises around INR 11 crore From Roots Venture To Expand Product Offerings

Chandigarh-based luxury ayurvedic beauty startup Just Herbs, has raised around INR 11 crore in Pre-Series A funding led by early-stage and growth-focused VC firm Roots Ventures
26/11/2019

Mosaic Wellness Bags USD 10 Million Funding Ahead Of 2020 Launch

Consumer goods brand Mosaic Wellness has raised USD 10 Million in its maiden funding round led by SAIF Partners, Sequoia Capital and Matrix Partners
25/11/2019

Paytm gets USD 1 billion topup in latest financing round

Digital payments company Paytm has raised USD 1 billion in a financing round led by US asset manager T Rowe Price with existing investors Ant Financial and SoftBank Vision Fund also participating
25/11/2019

Investcorp closes INR 323-crore funding round in NephroPlus

Global alternative asset manager Investcorp has closed an estimated INR 323 crore funding round in dialysis services provider NephroPlus, in the process, providing an exit to one of the Hyderabad-headquartered company’s existing investors
25/11/2019

Credit Saison launches VC fund in India

Saison Capital, a USD 55 million sector-agnostic, early-stage venture capital fund, will write cheques of USD 500,000 to USD 1 million, investing in six to eight startups
25/11/2019

Razorpay Fosters Entrepreneurship With Opfin Acquisition And Corporate Credit Card Launch

Bengaluru-headquartered fintech company, Razorpay, announced the acquisition of Opfin, a cloud-based payroll management solution provider
22/11/2019

Furniture company CasaOne raises USD16 million

Furniture rental company CasaOne has raised USD 16 million, led by Accel along with Quiet Capital, HNI Corporate and WeWork and existing investors JLL Spark, Freestyle Capital, NextWorld, and Array Ventures also participated in the round
22/11/2019

Nazara To Invest USD 20 Million in Gaming Startups By 2020

Game developer and publisher Nazara, has earmarked USD 20 Million to invest in around 20 startups across emerging markets by 2020 and in the last two years, Nazara has invested about USD 50 Million across 13 startups including HalaPlay, SportsKeeda, Paper Boat Apps and others.
22/11/2019

UCIC, Alex Group teleport into virtual reality startup Flipspaces with VC cash

Flipspaces Technology Labs, a virtual reality (VR) interior design and contracting firm, has raised around INR 8 crore in venture debt from UC Inclusive Credit (UCIC) and Alex Group of Companies.
21/11/2019

Micro venture fund Fluid eyes INR 80 crore

Amit Singal, co-founder of startup advisory services venture Startup Buddy, has launched Fluid Ventures, a sector-agnostic micro venture capital fund which will target startups looking to raise seed to pre-Series A funding rounds
21/11/2019

India Quotient Leads around INR 11 crore Pre-Series A Funding For myHQ

Delhi-NCR headquartered coworking space provider, myHQ, has raised around INR 11 crore in Pre-Series A funding round led by India Quotient
21/11/2019

Life Science Startup Telluris Raises USD 4 Million From Sathguru Catalyzer To Expand Markets

Telangana-based early-stage life sciences startup Telluris Biotech India has raised over USD 4 Million funding led by Innovation in Food and Agriculture Fund
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