Archive News

15/06/2023

BASIC Home Loan raises USD 4.7 Million in pre-Series B round

Fintech startup BASIC Home Loan, developing a platform for automating home loans for middle and low-income households in India, has raised USD 4.7 Million in a pre-Series B round led by stock market investor Ashish Kacholia. The round also saw participation from existing investors Gruhas and Venture Catalysts.
15/06/2023

Mumbai-based Chrome Asia Hospitality has secured an investment for its first boutique hotel KAIA from actor Bhumi Pednekar.

Mumbai-based Chrome Asia Hospitality, a full-scale hospitality company focussed on creating experience driven restaurants across the country, has secured an investment for its first boutique hotel KAIA from actor Bhumi Pednekar.
15/06/2023

Gardening-focused hyperlocal marketplace Urvann has raked in an undisclosed amount in a pre-Series A funding round led by Inflection Point Ventures.

Gardening-focused hyperlocal marketplace Urvann, provides the most variety and next-day delivery of fresh plants at the lowest prices, distinguishing itself from traditional players, has raked in an undisclosed amount in a pre-Series A funding round led by Inflection Point Ventures.
15/06/2023

IIT-Madras-incubated EV sub-components manufacturing startup Revoh Innovations has raised INR 4 Cr in a seed funding round from Nexzu Technologies and Whiteboard Capital.

IIT-Madras-incubated EV sub-components manufacturing startup Revoh Innovations, focusses on research and development of motor controllers for EV applications, has raised INR 4 Cr in a seed funding round from Nexzu Technologies and Whiteboard Capital.
15/06/2023

Direct-to-consumer kids subscription startup Gro Club has bagged pre-seed funding of INR 4.3 Cr led by MS Ramaiah Group’s startup venture.

Direct-to-consumer kids subscription startup Gro Club, offers products on subscription for growing kids which kids can upgrade as they grow, has bagged pre-seed funding of INR 4.3 Cr led by MS Ramaiah Group’s startup venture. The round also saw participation from Deepak Gowda of Ascent Capital and Purushotham R, Chirag […]
15/06/2023

Plant-based protein company Evolved Foods has raised INR 7.30 Cr as part of its seed funding exercise co-led by Rainmatter Health and Kamala Capital

Plant-based protein company Evolved Foods, addresses India’s protein deficiency challenge and the world’s demand for sustainable plant-based meat, has raised INR 7.30 Cr as part of its seed funding exercise co-led by Rainmatter Health and Kamala Capital. The round also saw participation from Anvitha Prashanth (Anyaa Ventures) and Aprameya Radhakrishna […]
15/06/2023

Digital health startup Mykare Health raised seed funding of USD 2.01 Million

Digital health startup Mykare Health, claims to be building the largest asset-light, affordable and standardised hospital network focused on delivering quality healthcare experience to India’s middle-class segment, raised seed funding of USD 2.01 Million from OnDeck ODX, Avaana Seed, Huddle, Endurance Capital, F Health, VeritasX, Stanford Angels and Phoenix Angels. […]
14/06/2023

Uber Leads USD 20 Million Funding Round In Mumbai-Based Everest Fleet

Mumbai-based fleet-management company Everest Fleet has secured USD 20 Million in a funding round led by ride-hailing major Uber. Founded in 2016, Everest Fleet claims to operate with over 10,000+ cars currently with presence across metro cities. Currently, it operates in seven cities including Mumbai, Delhi, Bengaluru, Hyderabad, Chennai, Kolkata, […]
14/06/2023

Lending SaaS Startup Cloudbankin Raises Funds

Digital lending software firm Cloudbankin has raised USD 400 Thousands in funding from angel investors Upekkha, SaaS accelerator and fund, and Kube VC. Cloudbankin aims to offer a comprehensive solution encompassing streamlined borrower onboarding with AI based low-code functionality and a unified API integration layer for all the third-party service […]
14/06/2023

Crypto Taxation Platform TaxNodes Raises USD 1.6 Million in Seed Round

TaxNodes, a crypto tax computation and ITR filing platform, has raised USD 1.6 Million in a seed funding round from Rahul Pagidipati, CEO of ZebPay and Nischal Shetty, CEO of Shardeum and Founder of WazirX, Ashish Singhal, co-founder & CEO of CoinSwitch and Ajeet Khurana, founder of Reflexical. The firm […]
14/06/2023

Unnati Agri Raises New Round

Unnati Agri, an agriculture supply chain and financial services startup, has raised INR 28.5 Crores led by the family office of IPL Biologicals. Founded in 2017 by former Paytm Mall chief operating officer Amit Sinha and Ashok Prasad, Unnati Agri describes itself as a ‘fintech-based agri platform’. Its services include […]
13/06/2023

Adtech Startup Vertoz Acquires Minority Stake In Rival Cheerio

Tech-based digital marketing and advertising startup Vertoz, aims at delivering data driven targeted campaigns to enable businesses generate the best outcomes for digital marketers and companies alike, has secured minority stake of 1.82% in marketing automation startup Cheerio. With this investment, Vertoz aims to use the synergies between the two […]
13/06/2023

Indifi Technologies raises USD 35 Mn in Series E round

Indifi Technologies, an online lending platform that offers third-party loans to micro, small and medium enterprises, has raised USD 35 Million in its Series E round. The round also saw participation from existing investors including British International Investment, OP Finnfund Global Impact Fund I, Omidyar Network India, Flourish Ventures and […]
13/06/2023

Casual gaming studio HighXP raises seed money led by 3one4 Capital

Casual gaming studio HighXP, a casual gaming studio focused on creating social games that provide a fun and engaging experience for players worldwide, has raised USD 2.2 Million in seed funding led by 3one4 Capital with participation from Prime Venture Partners and Gemba Capital. Angel investors including Rahul Bhardwaj, Anuj […]
13/06/2023

NABVENTURES backs satellite agri analytics startup Satyukt

Agri analytics startup Satyukt Analytics, deploys satellite technology and machine learning to provide SaaS-based advisory services to farmers, has raised INR 10 Cr as a part of pre-Series A round from NABVENTURES, a venture growth equity fund backed by NABARD.
13/06/2023

C4D Makes Partial Exit With Aviom’s USD 30 Million Round

Micro-mortgage lender Aviom India Housing Finance, caters to low-income households in rural and semi-urban areas, has raised USD 30 Million in its Series D equity funding round led by global investment management firm Nuveen. The latest fundraise also includes a secondary component, with private equity firm C4D Partners marking a […]
12/06/2023

Buyofuel has raised INR 4.5 Cr in a funding from revenue-based financier Recur Club.

Buyofuel, an online marketplace for biofeuel-based products, offers all types of biofuels and organic wastes which helps fuel consumers to switch to biofuels and allows biofuel manufacturers to access organic wastes, has raised INR 4.5 Cr in a funding from revenue-based financier Recur Club.
12/06/2023

Business-to-business (B2B) SaaS startup Skills Caravan has raised an undisclosed amount in a seed funding round

Business-to-business (B2B) SaaS startup Skills Caravan, a startup that uses artificial intelligence (AI) to deliver individualized educational resources, optimizing learning roadmaps for organizations, and thereby improving employee potential and job performance, has raised an undisclosed amount in a seed funding round from a host of angel investors including Abhishek Poddar […]
12/06/2023

EV two-wheeler maker Kyte Energy has raised INR 3 Cr in a funding round from ah! Ventures’ angel platform, Soonicorn Ventures, among others.

EV two-wheeler maker Kyte Energy, has currently produces two EV scooters and plans to launch a third one in a few months, has raised INR 3 Cr in a funding round from ah! Ventures’ angel platform, Soonicorn Ventures, among others.
09/06/2023

Revfin raises USD 5 Million in fresh round from DFC

Revfin, a digital lending platform focused on EV financing, has raised USD 5 Million from the United States International Development Finance Corporation (DFC). The fresh funds will be used for new products and expansion to new geographies.
08/06/2023

Capillary makes third acquisition in the US

Customer loyalty and engagement technology solutions provider Capillary Technologies has announced the acquisition of Tenerity’s Digital Connect assets. With this acquisition, Capillary will be the only company with a full suite of end-to-end intelligent loyalty solutions, inclusive of technology platform, consulting, loyalty program design, analytics, full rewards network, and marketing […]
08/06/2023

Cleantech startup Proklean raises USD 4 Million from Raintree Family Office

Cleantech startup Proklean Technologies, has developed proprietary technologies using renewable input materials to make products that provide solutions to problems such as pollution caused by multiple industries and depletion of renewable resources, has raised USD 4 Million in funding from Raintree Family Office.
08/06/2023

Dubai’s Al Futtaim Group Makes Debut India Bet With EV Maker River

Homegrown electric vehicle manufacturer River, has raised USD 15 Million in a funding round led by Dubai-based multinational powerhouse Al Futtaim Group, thus marking its first investment in India. The round also saw participation from existing investors Lowercarbon Capital, Toyota Ventures, Maniv Mobility, and Trucks VC.
08/06/2023

Toro Health Pvt Ltd has raised an undisclosed amount in a bridge funding round co-led by GSK Velu and Callapina Capital.

Toro Health Pvt Ltd, which runs schools-focused healthcare startup Health Basix, has raised an undisclosed amount in a bridge funding round co-led by GSK Velu (Neuburg Diagnostics) and Callapina Capital. The round also saw participation from SapphireInk VC and Supermorpheus.
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