Archive News


Incubate Fund India leads seed funding in ed-tech startup WizKlub

Ed-tech startup WizKlub Learning has raised INR 7 crore in seed funding led by Incubate Fund India, backed by Japan’s Incubate Fund, and joined by social-impact investor Insitor Impact Asia Fund.

SHEROES Enters Burgeoning Social Commerce Market With SHECO

Delhi-based women community startup SHEROES is now expanding its product portfolio with the addition of social commerce product “SHECO” and the company is also venturing into fintech with its plans to enable micro credit for women homepreneurs and sellers on SHECO

MoneyTap Eyes Expansion With Funding From Sequoia, RTP Global, Others

Bengaluru-based fintech startup MoneyTap announced that it has raised INR 500 Crore in a fresh round of debt and equity funding and funding was led by Aquiline Technology Growth, RTP Global and Sequoia India, along with a clutch of undisclosed South Korean and Japanese investors

Tiger Global May Launch around USD 4 Billion Fund To Continue Investment Spree

Global investor Tiger Global Management has reportedly closed around USD 4 Billion global private investment vehicle called the Private Investment Partners (PIP) XII, which will continue to back tech startups in India, US and China.

Inter-city bus service startup Yolo raises seed funding

Yolo TravelTech Pvt Ltd, which operates inter-city transportation and mobility platform Yolo, has raised USD 600 thousand in a seed funding round.

B2B packaging materials marketplace Bizongo nets USD 30 million in fresh funding

Bizongo, a business-to-business marketplace for packaging materials, has secured USD 30 million in its Series C funding round led by Swiss hedge fund Schroder Adveq

JSW Ventures set to mark first close of new VC fund

JSW Ventures, the venture capital arm of billionaire Sajjan Jindal‎-led JSW Group, is set to make the first close of its second fund that seeks to raise a total of INR 350 crore and the new fund will seek to invest in software-as-a-service (SaaS) businesses focused on retail, manufacturing, health […]

Tribe Theory Grabs around INR 25 Crore From Tim Draper To Form Its International Division

Venture capitalist Tim Draper has invested around INR 25 Crore in Tribe Theory, an international entrepreneur-focused hostel chain.

She Capital leads Series A funding in snacks startup Samosa Singh

Woknstove Foodworks which operates quick-service snacks startup Samosa Singh, has raised around INR 19 crore in its Series A funding led by the Delhi-based early-stage venture capital firm She Capital.

Mastercard bets on payments solutions firm Pine Labs

Payment solutions provider Pine Labs has raised funding from Mastercard marking the second reported bet the global technology payments giant has made on an Indian firm within six months. Pine Labs did not disclose the financial details of the deal.

LogiNext Raises USD 39 Million From Tiger Global, Steadview To Fuel Overseas Expansion

California-based logistics automation platform LogiNext has raised USD 39 Million funding from US-based marquee investors Tiger Global Management and Steadview Capital

Ashish Kashyap’s INDwealth Is Raising USD 12 Million Series C Round

Gurugram-headquartered wealth management platform INDwealth is now raising USD 12 million Series C funding from existing and new investors, after barely one and a half years of starting operations.

Info Edge opens INR 100 crore venture fund

Info Edge which owns and operates India’s largest online job portal Naukri, has set up its maiden venture capital fund INR 100 crore and will invest in tech and tech-enabled entities that provide technology to create, market and distribute innovative products and services that benefit consumers at large

Venture Catalysts bets on neo-banking platform Nupay

Entellus Business Solutions, which operates enterprise-focussed neo-banking platform Nupay, has raised funding in a seed investment round led by startup incubator and accelerator Venture Catalysts.

Sid Yog family office-backed firm leads Series A round in ed-tech startup Eupheus

Education technology firm Eupheus Learning has raised around INR 30 crore in its Series A funding led by Yuj Ventures, the early-stage investment platform backed by the family office of Xander Group founder Sid Yog.

PepsiCo bottler family invests in Delhi-based health platform Crysta

The family behind PepsiCo bottler Jaipuria Group has led pre-Series A funding worth INR 10 crore in Delhi-based Crysta, a pregnancy and fertility platform

Bounce Bags Further USD 105 Million In Series D Round From Accel, B Capital, Others

Bengaluru-based dockless bike rental startup Bounce has raised an additional USD 105 Million from Accel Partners and B Capital Group.

SaaS startup SmartKarrot gets angel funding for India expansion

SmartKarrot a customer and product insights-oriented software-as-a-service provider, has raised USD 1 million in an angel funding round.

Cloud Kitchen Fund Ghost Kitchens Invests In QSR, Eathos

Cloud kitchen fund and incubator Ghost Kitchens has invested an undisclosed amount in the  QSR Brands India and Eathos Group to help the restaurant brands scale up in several locations

Smart Parking Startup Park+ Raises USD 11 Million from Sequoia, Matrix Partners

Delhi NCR-based Park+, which lets consumers book parking spots around cities, has announced raising USD 11 Million in funding from marquee VCs Sequoia Capital and Matrix Partners.

Fairfax-backed Go Digit’s valuation tops USD 800 million after fresh funding

Go Digit General Insurance, which is backed by Canadian investment firm Fairfax, has raised USD 84 million funding from three new investors in a round that values it at least USD 800 million

Venture Catalysts backs former EbixCash exec’s fintech startup GetVantage

Financing platform GetVantage Tech has raised funding from a clutch of investors including Venture Catalysts and Samyakth Capital

Sequoia leads seed funding round in SaaS startup Samya AI

Samya AI, which offers a software-as-a-service (SaaS) platform to help consumer packaged goods companies increase revenue, has raised USD 6 million in a seed funding round.

Watsa-backed Digit raises USD 84 million from domestic PEs

Digit Insurance has raised USD 84 million from domestic private equity funds A91 Partners, Faering Capital and TVS Capital