Archive News

21/07/2022

Watertech Startup DrinkPrime Raises INR 60 Cr In Debt & Equity To Scale Up Operations

Bengaluru-based water purifier startup DrinkPrime has raised INR 60 Cr in a mix of debt and equity as part of its series A funding round led by Omidyar, Surge and 9Unicorns. The round also saw participation from Aureolis Ventures, Kwaish Ventures, ZNL Growth Fund, and Unitus Capital.
21/07/2022

Edtech Startup Creative Galileo Raises USD 7.5 Million To Offer Vernacular Learning Programs, Foray In SEA Market

Edtech startup Creative Galileo has raised USD 7.5 Million in its Series A funding round from Kalaari Capital, Affirma Capital, East Ventures, Valiant Employee Investment Fund, and a slew of other angel investors. Creative Galileo will use the fresh capital to scale its business, accelerate hiring across teams
21/07/2022

Amazon Smbhav Venture, Fireside lead Series A round in Fitterfly

Fitterfly Healthtech has raised USD 12 Million in a Series A funding round led by Amazon Smbhav Venture Fund and Fireside Ventures. The fresh funds will be used to expand Diabefly’s reach, which is their digital therapeutics program to prevent, manage and reverse diabetes
21/07/2022

Tiger Global backed-M2P Fintech marks 3rd acquisition in 2022

Payments infrastructure platform M2P Fintech has acquired identity verification service provider Syntizen, in its third acquisition this year. The deal was valued at USD 10-12 Million. The acquisition will bolster M2P Fintech’s approach to providing a comprehensive platform for financial institutions
21/07/2022

Infrastructure automation platform Adaptive raises pre seed funding round

Infrastructure automation company Adaptive has raised undisclosed seed capital from Antler India, Pareto Holdings, Adept Ventures, Hustle Fund, and Haresh Chawla (partner at True North). The platform will use the fresh money to hire talent and build products.
21/07/2022

We Founder Circle Leads USD 400,000 Seed Round For Seekho

Edutainment startup Seekho has secured USD 400,000 as a part of its seed funding round led by We Founder Circle. The round also saw participation from SucSEED Innovation Fund, with Toppr’s Co-founder Hemanth Goteti and other executives.
21/07/2022

IITians led train ticket booking startup Trainman raises USD 1 Million in funding

Gurugram-based online train ticket booking platform Trainman has marked the closure of its seed round after raising USD 1 Million from Goodwater Capital, Hem Angels, and others. The round also saw the participation of angel investors including Justin Hamilton and Ivy Growth Associates.
21/07/2022

Geekster raises USD 1.3 Million in pre-series A round, aims to expand team

Edtech platform Geekster has secured pre-Series A funding of USD 1.3 Million led by Inflection Point Ventures, with participation from Japan-based publishing firm MyNavi Corporation. The round also saw participation from existing investors We Founder Circle and ah! Ventures.
21/07/2022

Brighton Park invests USD 20 Million in automation platform AppView X

Network infrastructure management company AppViewX has raised a Series B funding of USD 20 Million from existing investor Brighton Park Capital. The company plans to use the fresh funds to scale its market operations, product development and overall revenue growth strategies.
21/07/2022

LetsVenture’s Shanti Mohan launches micro-VC fund

Investment platform LetsVenture’s co-founder Shanti Mohan has launched an INR 50 Cr micro venture fund to invest in early-stage startups. The fund Propell is aiming to deploy in a total of 30 startups across sectors like e-commerce, fintech, SaaS and D2C
21/07/2022

Burger Singh raises INR 30 Cr in Series A funding led by Negen Capital

Burger chain Burger Singh has secured INR 30 Cr as a part of its Series A funding round led by Negen Capital with participation from LetsVenture, Mumbai Angels, Old World Hospitality and Jasleen Royal. The round also saw participation from existing investors RB Investments, Rukam, KCT FO and VM Salgaocar […]
21/07/2022

Info Edge backs agritech startup Growcoms

Kerala-based agritech startup Growcoms has raised pre-series A funding of USD 1 Million led by pure-play internet company Info Edge. The company plans to use the fresh funds to scale up its tech platform and expand its market reach.
21/07/2022

Edtech Creative Galileo snags fresh funding from Kalaari, others

Edtech platform Creative Galileo Edtech has raised USD 7.5 Million in a Series A funding round from Kalaari Capital, Affirma Capital, East Ventures, Valiant Employee Investment Fund and angel investors. The startup will use the fresh capital to hire and strengthen its research and development platform
21/07/2022

Inflection Point backs health food startup The Healthy Company

Nutritional food brand, The Healthy Company has secured undisclosed capital in a pre-Series A funding round led by Inflection Point Ventures. The startup plans to deploy the fresh money for marketing, research, and development as well as expansion of channels
20/07/2022

Neobanking Startup Niyo Raises USD 30 Million For Brand Building, Expanding Product Suite

Neobanking startup Niyo has raised USD 30 Million in its latest funding round from Multiples Alternate Asset Management. Niyo will use the fresh capital to expand product capabilities and widen its customer base. It will further use funds for brand building and bolstering its team across divisions
20/07/2022

Zomato-Backed Shiprocket Acquires Arvind’s Omuni For INR 200 Cr

Zomato-backed logistics and fulfillment startup Shiprocket has completed the acquisition of Arvind’s omnichannel technology business – Omuni. The deal will be a combination of stock and cash for a consideration of INR 200 Cr.
20/07/2022

Drone Startup EndureAir Systems Raises Seed Funding To Scale Up Manufacturing

Drone startup EndureAir Systems has raised INR 13.5 Cr as part of its seed funding round led by Asian Paints co-promoter Jalaj Dani. The round also saw participation from the founders of robotics startup Addverb Technologies. The fresh funds will be deployed to ramp up its expansion plans and scale […]
20/07/2022

B2B artisan firm Lal10 raises funds from Yuj Ventures, others

Business-to-business (B2B) artisan platform Lal10 has secured pre-Series A funding of USD 5.5 Million co-led by Yuj Ventures (Xander Group) and early-stage venture firm Beyond Capital Ventures. The round also saw participation from Spiral Ventures, Singularity Ventures, Asymmetry Ventures, Stride Ventures, Trica’s investor Network, Blacksoil, Panthera Peak, and Pegasus FinInvest.
20/07/2022

AnyMind Group raises USD 29.4 Million to fund future acquisitions

AnyMind Group, a commerce enablement company has raised USD 29.4 Million in its Series D funding round from JIC Venture Growth Investments, Japan Post Investment Corporation and Nomura SPARX Investment. The round also saw participation from Proto Ventures Inc and existing investor Mitsubishi UFJ Capital
20/07/2022

2am VC, Finsight Ventures, others back cybersecurity platform BugBase

Bengaluru-based cybersecurity startup BugBase has raised USD 500,000 in a pre-seed funding round led by 2am VC, with participation from Finsight Ventures, Dholakia Ventures and SAT Industries. The fundraise was also joined by a host of marquee angel investors including Neeraj Roy (founder of Hungama Entertainment), Nilesh Sangoi (founding CTO […]
20/07/2022

GoIbibo founders-floated Eka Care raises USD 15 Million in Series A

Orbi Health Pvt Ltd, which runs healthtech startup Eka Care, has raised USD 15 Million in a Series A round led by Hummingbird Ventures. The round also saw participation from 3one4Capital, Mirae Assets, Verlinvest, Aditya Birla Ventures, Binny Bansal and Cloud9 Hospitals founder Rohit MA, among others.
20/07/2022

Meesho-backer B Capital raises 1st early-stage focused global fund

B Capital Group, backer of startups such as Meesho BlackBuck and Khatabook has closed its first dedicated early-stage fund at USD 250 Million and that it will invest globally with focus on US and Asia, including India.
19/07/2022

Sanjay Nayar’s Sorin Investments Raises USD 100 Million In First Close Of Debut Fund

Sorin Investments, a VC firm set up by KKR’s Sanjay Nayar and Caravel Group’s Angad Banga, has raised USD 100 Million from multiple family offices for its debut fund. Sorin Investments will write a dozen cheques worth between USD 2-10 Million for startups in Series A to Series C.
18/07/2022

D2C Children Footwear Brand Plaeto Secures Funding To Expand To New Markets

Bengaluru-based D2C footwear brand Plaeto which makes footwear for children raised INR 40 Cr in a Series A round of funding led by Florintree Advisors, with participation from other investors. The startup plans to use the incoming funds to expand to new markets and bring new products to its catalogue.
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