Archive News

30/09/2021

Acceldata raises USD 35 million Series B funding from Insight Partners, Lightspeed, others

Enterprise data observability cloud startup Acceldataon, has raised USD 35 million in Series B round led by Insight Partners, with participation from March Capital and existing investors Lightspeed, Sorenson Ventures, and Emergent Ventures. Its data observability cloud helps businesses simplify complex data operations, expand data usage, and meet growing business […]
30/09/2021

Startup Mentza raises USD 400K in seed round led by Inflection Point Ventures

Audio-based conversational learning startup Mentza has raised a seed round of USD 400,000 led by angel investment platform Inflection Point Ventures.
30/09/2021

CredAvenue raises USD 90 million in Series A led by Sequoia Capital India

Debt platform CredAvenue that provides a platform for debt-seeking enterprises to connect with lenders and investors, has raised USD 90 million in its Series A round of funding led by Sequoia Capital. Other investors who participated in the round are Lightspeed, TVS Capital Funds, Lightrock, CRED, and Stride Ventures. The […]
30/09/2021

Vedantu turns unicorn after a USD 100 Million round led by ABC World Asia

Online tutoring firm Vedantu, has raised USD 100 million in its Series E round of funding at a valuation of USD 1 billion. The round was led by Temasek-anchored impact investor ABC World Asia, and existing backers – Coatue Management, Tiger Global, GGV Capital, Westbridge, among others.
30/09/2021

Diagnostics-focused startup ConnectedH raises seed funding led by Kalaari and Incubate Fund

ConnectedH, a healthtech startup that connects and digitalises diagnostics labs, has raised USD 2.3 million in seed funding led by Kalaari Capital and Incubate Fund India. The round also saw participation from Anicut Capital, Mars Shot Ventures and few angels. Existing investors First Cheque and Point One Capital also participated […]
29/09/2021

Leena AI raises USD 30 Million Series B investment led by Bessemer Venture Partners

Enterprise employee experience startup Leena AI, has raised USD 30 million in Series B funding led by Bessemer Venture Partners. The round also saw participation from existing investor Greycroft, as well as from Facebook Co-founder Eduardo Saverin’s B Capital Group.
29/09/2021

Edtech startup byteXL raises USD 200K in angel round

byteXL an experiential learning platform for IT career aspirants, has raised a seed fund of USD 200,000 in Angel round. The funding has been raised from Mr. Joseph Joy, President of Joy Family Investments from the USA along with others.
29/09/2021

VRO Hospitality raises USD 3 Million in Series A round led by CreedCap Asia Advisors

Bengaluru-based hospitality chain VRO Hospitality, has raised USD 3 million in a mix of equity and debt funding in a Series A round led by CreedCap Asia Advisors, along with other undisclosed angel investors. VRO Hospitality operates multi-format restaurants, cafes, and lounges across 18 outlets in Bengaluru.
29/09/2021

Fitness startup Alpha Coach raises USD 1.25 Million from Jani Ventures INC, others

Fitness startup Alpha Coach has raised funding of USD 1.25 million from Jani Ventures and a clutch of investors, including UK-based Dimitri Goulandris, and friends and family. Alpha Coach is building an integrated tech platform to help individuals adopt and maintain healthy lifestyles by building sustainable lifelong habits.
29/09/2021

Cloud telephony platform Exotel raises USD 35 million in Series C funding

Cloud telephony platform Exotel, has raised USD 35 million as a part of its Series C funding from IIFL AMC, Sistema, CX Partners, and Singularity Growth Opportunities Fund. Existing investors Blume Ventures and A91 Partners also participated in this round.
29/09/2021

MyGlamm tops up Series C fundraise, consolidates businesses under Good Glamm Group

Direct-to-consumer beauty products brand MyGlamm, has topped up its Series C fundraise with a USD 34 million infusion led by an equity investment from the Trifecta Leaders Fund and structured financing from Trifecta Capital and Stride Ventures. MyGlamm, also unveiled Good Glamm Group under which it has consolidated its various […]
29/09/2021

Zypp Electric raises USD 7 million Series A round led by 9Unicorns, Anthill Ventures

Zypp Electric, an EV-based last-mile delivery service provider, has raised around USD 7 million in a Series A round co-led by 9Unicorns and Anthill Ventures. The round also saw participation from Nanavati Family Office, We Founder Circle, Silicon Valley-based Riso Capital Fund, Dholakia Ventures along with existing investors Venture Catalysts, […]
29/09/2021

5G wireless startup Astrome raises funds led by IAN Fund, others

Astrome, a 5G wireless deep-tech startup, has raised USD 3.4 million in a round led by IAN Fund, Urania Ventures, and Cognizant founder Lakshmi Narayanan. The round also saw participation from Impact Collective, ArtPark, and a consortium of US-based angel investors. Astrome provides Gigabit speed telecommunication solutions to telecom service […]
29/09/2021

Elective surgeries-focused Glamyo Health raises funds led by Ananta Capital

Glamyo Health, a healthcare startup focusing on elective surgeries, has raised USD 3 million in a Series A round of funding led by Ananta Capital. The round also saw participation from Agility Ventures, Udtara Ventures, We Founder Circle, Dexter Angels and others.
29/09/2021

The Money Club raises pre-series A funds led by SOSV and Venture Catalysts

Fintech startup The Money Club has raised USD 1.7 million pre-Series A funding led by SOSV and Venture Catalysts. The round also saw participation from Blume Founders’ Fund,Keiretsu Forum, Rockstud Capital, Astarc Ventures, and others. The Money Club has built an AI-based P2P group savings platform to enable the lower-middle-class […]
29/09/2021

SaaS startup Manch raises USD 1.1 Million in pre-Series A round

Manch Technologies, a SaaS-based zero-coding digital transformation platform, has raised USD 1.1 million in its pre-Series A round led by Bharat Inclusion Seed Fund. Pentathlon Ventures has also joined the round.
29/09/2021

SME-focused CashBook raises seed funding led by JAM and Better Tomorrow Ventures

CashBook, a fintech startup focused on cash accounting for small businesses, has raised USD 2.3 million in a seed funding round led by JAM and Better Tomorrow Ventures. Angel investors Kunal Shah and Anupam Mittal also participated in the round.
29/09/2021

Agritech startup SuperZop gets USD 4 million from Belgium-based Incofin’s India Progress Fund

Business-to-business agricultural-commerce platform SuperZop, has raised USD 4 million in Series A funding from Belgium-based Incofin Investment Management’s India Progress Fund. SuperZop uses its platform to help small kirana stores acquire staples such as rice, wheat, and pulses directly from farmers, farmer producer organisations, and mills.
28/09/2021

Ummeed Housing Finance raises INR 270 crore led by Norwest Venture Partners

Ummeed Housing Finance, an affordable housing finance company, has raised INR 270 crore in a Series E funding round led by Norwest Venture Partners. Existing investor Morgan Stanley Private Equity Asia participated in the latest round. The company caters to the informal and the low-income households predominately in Tier II […]
28/09/2021

Manch Technologies secures USD 1.1 Million pre-Series A round led by Bharat Inclusion Seed Fund

Bengaluru-based Manch Technologies, a SaaS-based zero-coding digital transformation platform, has raised USD 1.1 million pre-Series A round led by Bharat Inclusion Seed Fund with participation from Pentathlon Ventures.
28/09/2021

Fintech startup Capital Float raises USD 50 Million from Lightrock India

Buy Now Pay Later and credit platform serving the financial needs of salaried & self-employed individuals Capital Float, has raised USD 50 million in a round led by private equity firm Lightrock India. The equity round also saw participation from existing investors Sequoia Capital India, Ribbit Capital, and Creation Investments.
28/09/2021

PredictiVu raises USD 1.5 Million from Market Xcel, Nomura, Infobridge Asia

AI power analytics startup PredictiVu has announced it is raising USD 1.5 million in a Pre-Seed funding round led by Market Xcel Data Matrix, backed by Nomura Research Institute and Infobridge Asia (Japan). PredictiVu’s AI-enabled dashboard integrated with India’s largest, proprietary, weekly consumer purchase data, market intelligence and web insights, […]
28/09/2021

WinZO announces third Game Developer Fund of USD 20 Million

WinZO, a vernacular social interactive gaming platform, announced the third edition of its Game Developer Fund (GDF) with the largest ever corpus of USD 20 million. WinZO made investments in the range of USD 100,000-USD 500,000 in each of the partnership varying from concept stage to near completion stage in […]
28/09/2021

Bijnis raises USD 30 million Series B funding from WestBridge Capital, Info Edge, others

Bijnis, a platform that puts factories and direct manufacturers directly in touch with retailers, has raised USD 30 million as a part of its Series B round led by WestBridge Capital. The round also saw existing investors Info Edge, Matrix Partners India, and Sequoia Capital India, among others.
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