Archive News

26/10/2020

CredAble Raises INR 18.14 Crore From V’Ocean Investment & Others

Mumbai-based Supply chain financing startup CredAble has raised INR 18.14 Crore from V’Ocean Investment & others.
26/10/2020

Jumbotail Bags USD 10.5 Million From JumboFund, Heron Rock

Bengaluru-based online B2B marketplace for food and grocery, Jumbotail, has raised USD 10.5 Million in a funding round led by USA-based JumboFund1 with Canada-based Heron Rock AL Access Funds and its JUM Fund II also participated in this round. About 22 investors had participated in this round, including Nexus Ventures, […]
23/10/2020

Tencent leads USD 5.6 million round in audiobooks platform Pocket FM

Gurugram-based Pocket FM, which operates an eponymous vernacular audiobooks platform, has raised USD 5.61 million from Tencent Cloud Europe, along with venture capital firm Lightspeed India and media house BCCL.
23/10/2020

Medtech startup EzeRx raises INR 1.75 Crore in seed round from clutch of angel investors

EzeRx, the Kolkata-based medtech startup, has raised a seed round of INR 1.75 crore led by Odisha-based incubator KIIT-TBI. Other angel investors from US and India, including Sudip Row Chowdhury, Sri Krishna Chakravarty, Manoj Patra, and Shradha Sharma, also participated in the funding round.
23/10/2020

Anand Mahindra’s family office backs ed-tech firm Ahaguru

Online learning platform Ahaguru Education Technology Pvt. Ltd, has raised an undisclosed Series A funding round led by the family office of Anand Mahindra, chairman of Mahindra Group.
22/10/2020

Fintech startup Signzy raises USD 5.4 Million led by Arkam Ventures and Mastercard

Bengaluru-based ‘no code AI platform’ Signzy, has raised fresh round of USD 5.4 million from Arkam Ventures and Mastercard. Its existing investors Kalaari Capital and Stellaris Venture Partners also participated in the current round.
22/10/2020

Venture Catalysts’ 9Unicorns leads seed funding in TagZ Foods

Qans Consumer Products Pvt Ltd, which operates Generation Z-focussed snacks brand TagZ Foods, has raised an undisclosed sum in a seed funding led by 9Unicorns, the venture fund set up by startup incubator and accelerator Venture Catalysts. Other participants include Dailyhunt co-founder Umang Bedi, NetApp cloud business head Malhar Anaokar, […]
22/10/2020

A91 Partners-backed SUGAR Cosmetics gets debt funding from Stride Ventures

Make-up brand SUGAR Cosmetics, which is backed by venture capital firm A91 Partners, has raised USD 2 million in debt led by venture debt firm Stride Ventures.
22/10/2020

Supply chain automation platform Supplynote raises INR 4.4 crore in bridge funding

Supplynote, a supply chain automation platform operated by Adcount Technologies Pvt Ltd, has raised INR 4.4 crore in a bridge funding round led by the United States-based SOSV and Australia’s Artesian Ventures. Others that participated include existing investors such as SucSEED Ventures, CIO Angel Network, Venture Catalysts and angel backers […]
21/10/2020

Legaltech startup SoOLEGAL raises USD 4 Million from private investors, family offices

SoOLEGAL, a New Delhi-based online discovery platform that allows people to seek lawyers and law firms for counsel, has raised USD 4 million in a funding round led by private investors and family offices in India.
21/10/2020

Slintel raises USD 4.2 Million investment led by Accel Partners

Sales and marketing intelligence platform Slintel, has raised USD 4.2 million funding led by Accel Partners. The round saw participation from Sequoia Capital India and its existing investor, Stellaris Venture Partners.
21/10/2020

Medtech startup InnAccel raises USD 1.5 Million in pre-Series A round led by Mount Judi Ventures

Bengaluru-based medtech startup InnAccel Technologies Pvt Ltd has raised a pre-Series A funding of USD 1.5 million led by a venture capital fund Mount Judi Ventures.
21/10/2020

Sequoia, Flourish Ventures lead Series A funding for Bangladesh startup ShopUp

Shopfront Ltd, which operates Bangladesh-based business-to-business (B2B) commerce platform ShopUp, has raised USD 22.5 million in Series A funding. The round in the startup has been co-led by Sequoia Capital India and Flourish Ventures, an early-stage venture fund focussed on investing in startups that promote financial health and prosperity.
21/10/2020

Extra-curricular activities platform HobSpace raises seed round led by Artha Venture Fund

Mumbai-based HobSpace, has raised INR 1.6 crore in seed funding led by Artha Venture Fund (AVF), an early-stage micro-VC fund. Others that participated in this round include investment crowdfunding platform AngelList India, Bengaluru-based early-stage VC firm Upsparks and Icebreaker Tech LLP.
20/10/2020

SAIF Partners rebrands as Elevation Capital, closes USD 400 Million for new India fund

SAIF Partners, one of India’s leading venture capital firms, has rebranded itself as Elevation Capital to reflect its investment ethos and will continue to back founders at a very early stage. Elevation Capital has also closed its latest and seventh fund at USD 400 million.
20/10/2020

IIM Indore alumni launch fund to invest in early-stage startups

The alumni of IIM Indore, one of the leading management schools in the country, has started a venture fund called “Alumni Fund” to back early-stage startups. Alumni Fund has plans to invest in 10-12 startup over the next year.
20/10/2020

E-sports gaming platform GoodGamer raises USD 2.5 Million in seed round

Bengaluru-based daily fantasy sports and true Esports gaming app GoodGamer has raised USD 2.5 million in its seed funding round led by an undisclosed group of investors.
20/10/2020

Ekta Kapoor’s ALTBalaji invests in celebrity engagement platform Tring

ALTBalaji, a wholly-owned subsidiary of Balaji Telefilms Limited, has acquired 17.5 percent stake in the online celebrity digital engagement platform Tring for an undisclosed amount.
20/10/2020

Ultraviolette Automotive raises from GoFrugal Technologies as part of ongoing Series B round

Bengaluru-based startup Ultraviolette Automotive, has raised an undisclosed amount as part of its ongoing Series B round led by Kumar Vembu, CEO of GoFrugal Technologies.
20/10/2020

Animal nutrition startup Krimanshi Feeds raises VC funding

Krimanshi Feeds, a startup working in the animal nutrition sector, has raised INR 5 crore in its first round of institutional funding from Rajasthan Venture Capital Fund.
20/10/2020

Genius Teacher bags angel funding from Freecharge founders, others

Genius Learning Labs Pvt. Ltd, which operates quiz-based education-technology firm Genius Teacher, has raised USD 2 million in angel funding from a clutch of high-profile investors. Participants in the round include Cred founder Kunal Shah, Freecharge co-founder Sandeep Tandon, WhatsApp India head Abhijit Bose and Proptiger CEO Dhruv Agarwal.
19/10/2020

Retail Startup Rare Planet raises Pre Series A from Venture Catalysts and Uni-M Ventures

Kolkata-based Rare Planet, which operates an eponymous ecommerce platform, has raised an undisclosed amount from institutional and angel investors in a fresh funding round, dubbed a pre-Series A round. Uni-M Ventures led the round, with participation from returning investors Venture Catalysts and Sagar Daryani, co-founder of Wow! Momo.
19/10/2020

Lightspeed, Matrix Partners lead seed funding in Dukaan

Mumbai-based Dukaan that offers businesses the ability to create digital storefronts, has raised USD 6 million in a seed funding round from a clutch of institutional and individual investors. The funding round was led by Lightspeed India and Matrix Partners India. Sprout Investments, Weekend Fund, Appyhigh and Venture Catalysts also […]
16/10/2020

Kora Investments adds USD 52 million to Zomato’s pre-IPO round

Gurugram headquartered food delivery unicorn Zomato has raised USD 52 million in an ongoing growth funding round from US investment firm Kora Investments. The fresh infusion is part of a targeted USD 600 million growth funding round, dubbed a Series J round, that Zomato intends to close before it hits […]
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