Archive News


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

Zomato acquires Uber Eats in an all-stock transaction

Online food delivery and restaurant discovery platform Zomato has acquired the Indian operations of Uber Eats, the food delivery business run by Uber, for around USD 350 million

Samya AI Raises USD 6 Mn From Sequoia To Bring Its FMCG SaaS Tool To Market

Sequoia India has invested USD 6 Million in artificial intelligence (AI) powered enterprise SaaS company Samya AI as a part of the seed-stage funding round.

Zoomcar In Expansion Mode With USD 30 Million Funding From Sony Innovation Fund

Bengaluru-based self-drive car rental platform Zoomcar has announced raising USD 30 Million in funding led by Sony Innovation Fund, the venture capital wing of electronics giant Sony

AI-based vernacular content startup Instoried gets VC funding

Instoried Research Labs, which runs an artificial intelligence-driven tech content startup, has raised funding from US-based venture capital firm SOSV and its Chinese arm Chinaccelerator

Invento Robotics raises seed funding from Windrose, ITI Growth fund

Invento Robotics has raised INR 2 crore in seed funding from Pune-based Windrose Capital and early-stage ITI Growth Opportunities Venture Fund of Investment Trust of India, which is a financial services group backed by Sun Pharmaceutical Industries director Sudhir Valia

Kristal AI lands USD 6 million funding led by Chiratae Ventures & others

Artificial intelligence startup Kristal AI has raised USD 6 million in Series A funding round led by Chiratae Ventures along with Desai Family Office and others

Ola investor Falcon Edge Capital raises USD 46 million for debut India-focused fund

Falcon Edge Capital, a New York-based hedge fund that has invested in cab-hailing firm Ola and online classifieds firm Quikr, has raised around USD 46 million for its first India-focused fund.

Venture Highway Raises around USD 79 Million For Second Early-Stage Fund

Delhi-based early stage investor Venture Highway has raised around USD 79 Million for its second fund and the capital will be used for new investments in nearly thirty early-stage companies

Wipro Ventures floats larger second fund to invest in tech startups

Wipro Ventures, the investment arm of IT services major Wipro Ltd has floated its second fund of USD 150 million to bet on early- to mid-stage startups developing new-generation technologies

Automation startup Zinier snags Series C capital from ICONIQ, Tiger Global

Zinier a field service automation startup has raised USD 90 million in a Series C funding round led by US-based investment management firm ICONIQ Capital

Preschool aggregator ProEves raises seed funding

ProEves Services which operates preschool and day-care centre aggregator and booking platform, has raised around INR 4 crore in a seed funding round and funding round was led by 1Crowd a crowdfunding-based firm

SaaS startup ExtraaEdge raises pre-Series A funding from Sprout Venture, IAN

ExtraaEdge Technology Solutions, an ed-tech startup has raised INR 5 crore in its pre-Series A funding round and the funding round was led by Bengaluru-based Sprout Venture Partners and the Indian Angel Network

Toyota-backed bus aggregator Shuttl raising capital from new investor

Gurugram-based bus aggregator Shuttl is set to raise around USD 8 million as part of its Series C funding round