Archive News

26/09/2019

Tiger Global-backed Chaayos refills its cuppa, gets a valuation bump

Sunshine Teahouse which runs tea café chain Chaayos, has raised fresh capital at a higher valuation
25/09/2019

Angel Investors Back Robotics Startup Emotix With Fresh Funding

Mumbai-based robotics startup emotix has raised yet another funding round from a clutch of investors
25/09/2019

Reliance-backed Haptik acquires conversational commerce platform Buzzo ai

Haptik, a subsidiary of Reliance Industries has acquired Buzzo ai, a Mumbai-based conversational commerce startup
25/09/2019

OfBusiness raises INR 250 crore

OfBusiness, a startup that lends to small and medium enterprises has raised INR 250 crore led by Norwest Venture Partners with participation from existing investors Falcon Edge and Matrix Partners
25/09/2019

Ex-Uber CEO bets on Rebel Foods

Ride-hailing firm Uber’s co-founder Travis Kalanick has purchased a small stake in Rebel Foods Pvt Ltd, the owner of online kitchen brands including Faasos and Behrouz Biryani, as part of a funding round that was disclosed previously to be worth USD 125 million
25/09/2019

Deepika Padukone’s family office invests in electric taxi startup Blu Smart

Electric taxi startup Blu Smart has raised USD 3 million in an angel funding round from several investors including KA Enterprises LLP, the family office of actor Deepika Padukone.
25/09/2019

Food brand Ketofy chomps through pre-Series A funding from Indiabulls co-founder

Wellversed Health Pvt Ltd, a consumer company that operates online food brand Ketofy has raised USD 250,000 in a pre-Series A funding round from a clutch of investors including Tejinderpal Miglani, co-founder of diversified financial services group Indiabulls
25/09/2019

Morgan Stanley’s private equity unit raises USD 366 Million for fifth Asia fund

Morgan Stanley Private Equity Asia has raised USD 366 million for its fifth Asia fund
25/09/2019

Contrarian Drishti founder to float early-stage fund for technology bets

Somak Ghosh, founder of early-stage investor Contrarian Drishti Partners has teamed up with two investment professionals to float new fund for technology companies
25/09/2019

Impact investor Omnivore backs aquaculture platform Aquaconnect

Aquaconnect, a network of fish farmers has raised USD 1 million in a seed round of funding from impact investor Omnivore and accelerator HATCH.
24/09/2019

Ola lands around INR 36 crore in fresh funding

Ride-hailing firm Ola has raised around 36 crore in fresh funding from an investment fund named ‘ARK Ola Pre-IPO Private Investment Trust’, indicating that the company might have started preparing to go public in the not-so-distant future
24/09/2019

Strategic Ventures Fund II Launches USD 50 Million Accelerator For Early Stage Startups

Strategic Ventures Fund II (SVFII) has launched a USD 50 Million growth accelerator early-stage fund for entrepreneurs and startups in the Indo-Association of Southeast Asian Nations (ASEAN) area
24/09/2019

Avataar Venture Partners to invest USD 300 million in B2B and SaaS companies

Mohan Kumar, a former partner at Norwest Venture Partners and Nishant Rao, the former chief operating officer at the Chennai-based SaaS firm Freshworks, have launched Avataar Venture Partners, whose maiden fund will have HarbourVest, the global fund-of-funds, as its single Limited Partner or sponsor
24/09/2019

IvyCap Ventures injects USD 3 million into Pharmarack via Series A funding

Pharmarack a healthcare-technology platform that lets businesses automate sales and operations has raised USD 3 million in a Series A funding round from Mumbai-based IvyCap Ventures
24/09/2019

Oil spill clean-up firm Log 9 soaks up pre-Series A funding

Log 9 Spill Containment a nanotech company specialising in oil and chemical spill absorbents has raised INR 4 crore in a pre-Series A funding round from angel investors
23/09/2019

Fraud prevention and investigation startup AdvaRisk raises nearly INR 5 crore

Fraud prevention and investigation startup AdvaRisk has raised INR 5 crore in its first round of institutional funding from Sprout Venture Partners, SEA Fund and angel investors
23/09/2019

Tiger Global, General Atlantic eye USD 130 million round in NoBroker

Private equity investors Tiger Global and General Atlantic are set to lead a USD 100-130 million funding round in real estate platform NoBroker, more than doubling its valuation in three months to USD 400 million
23/09/2019

Pharmarack Raises USD 3 Million In Series A From IvyCap Ventures

Pune-based Pharmarack has raised USD 3 Million in a Series A funding round from IvyCap Ventures and as part of the deal the IvyCap Ventures’ founder and managing partner Vikram Singh will join the healthtech startup’s board
23/09/2019

Y Combinator Graduate Digi-Prex Raises around USD 6 Million Seed Funding

Hyderabad-headquartered healthtech startup Digi-Prex has raised around USD 6 Million in a seed funding round
20/09/2019

Spacejoy bags USD 1 million in seed fund from Accel Partners

Home interior design startup Spacejoy has raised USD 1 million in seed funding from Accel Partners, as it looks to grow services to cater to consumers in the US market
20/09/2019

Tiger Global Invests USD 25 Million In Investment App Upstox

Digital stockbroking firm Upstox has raised USD 25 Million in its second round of investment from New York-based investor Tiger Global
20/09/2019

Prop-tech firm Square Yards raises USD 20 million from BCCL, Japanese investor

Square Yards Consulting a tech-enabled real estate brokerage platform has raised USD 20 million from a clutch of investors including media house Bennett Coleman & Co Limited (BCCL)
20/09/2019

Lightbox backs pharmacy chain Generico in debut healthcare bet

Generico a pharmacy retail chain which sells low-cost generic medicines has raised USD 14 million in a new funding round led by venture capital firm Lightbox
19/09/2019

Nestaway Invests USD 10 Million To Its Co-Living Entity Hello World

Home rental startup Nestaway has invested USD 10 Million towards its co-living and student living entity, Hello World, which is being led by the Nestaway co-founder Jitendra Jagadev
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