Archive News


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

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

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

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

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

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.

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

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

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

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.

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

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

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

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

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

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

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

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

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

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

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

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)

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

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