Archive News

05/09/2019

First Principles Labs Technologies raises INR 32 crore from Matrix, Sequoia

First Principles Labs Technologies has raised INR 32 crore from Matrix Partners India and Sequoia India
05/09/2019

Consumer tech startup Atomberg raises Series A funding from A91 Partners

Atomberg Technology a consumer technology company has raised USD 10 million in its Series A funding round led by venture capital firm A91 Partners
05/09/2019

Ed-tech startup 3RDFlix pockets pre-Series A cheque

3RDFlix Visual Effects Pvt Ltd has raised pre Series A funding from three early-stage investment firms
05/09/2019

Accion Venture Lab raising new fintech focussed fund

Seed-stage impact investor Accion Venture Lab is raising a USD 33 million fund that will use third-party capital for the first time
04/09/2019

Deep tech startup Myelin Foundry raises USD 1 million in seed round

Myelin Foundry raises seed-round of USD 1 million led by Endiya Partners
04/09/2019

Vyapar lands INR 36 crore in Series A fund

Vyapar Tech Solutions, a fintech startup offering billing software for small businesses has raised INR 36 crore in its series A round of funding led by listed marketplace Indiamart
04/09/2019

Matrix leads first funding round in neo bank Yelo

New-age digital banking services provider Yelo has raised its first round of institutional funding from Matrix Partners India with participation from Omidyar Network Flourish VC and Better Capital
04/09/2019

Cashflo gets INR 29 crore in Series A round

Mumbai-based invoice discounting company Cashflo has raised INR 29 crore in a SAIF Partners led series A funding round to fuel its expansion plan
04/09/2019

B2B e-commerce platform Udaan bags USD 300 million in Series D funding

Business-to-business e-commerce platform Udaan has raised around USD 300 million in its Series D funding round from a clutch of investors including Altimeter Capital and Footpath Ventures
03/09/2019

Snapdeal Founders Kunal Bahl, Rohit Bansal Set Up Titan Capital Investment Fund

Gurugram based ecommerce company Snapdeal founders Kunal Bahl and Rohit Bansal have now come together to set up an investment vehicle Titan Capital
03/09/2019

Oyo acquires Copenhagen based data science company Danamica for an undisclosed sum

Oyo Hotels & Homes has acquired Copenhagen based data science venture Danamica for an undisclosed sum
02/09/2019

Lenskart Could Enter Unicorn Club With Kedaara Capital Investment

Private equity firm Kedaara Capital is reportedly in talks to acquire stakes of the eyewear retailer Lenskart and this deal is expected to value the company at USD 1 Billion
02/09/2019

South Africa’s Naspers may lead USD 55 million round in logistics startup ElasticRun

Logistics and distribution startup ElasticRun is in talks to raise USD 50-55 million led by South African internet and media group Naspers
02/09/2019

Binny Bansal sells Flipkart shares worth USD 14 million to Tiger Global

Flipkart co founder Binny Bansal has sold additional shares worth about USD 14 million in the company to investor Tiger Global Management
02/09/2019

Impact investor LGT Lightstone Aspada to raise next fund

LGT Lightstone Aspada formed after the recent acquisition of India-focused impact investment fund Aspada by Swiss investor LGT plans to raise a new fund of over USD 250 million
02/09/2019

Sid Yug, DSG Consumer invest in organic QSR chain Suzette Gourmet

Suzette Gourmet Pvt Ltd, which runs organic quick service restaurant (QSR) chains under the brands Kitchen Garden and Suzette has raised INR 10 crore in a new funding round
30/08/2019

Hyperlocal Delivery Startup Dunzo Raises INR 34 crore To Fend Off Swiggy Challenge

Hyperlocal delivery platform Dunzo has raised INR 34 Crore funding by issuing debentures as well as Series C1 preference shares to existing investor Alteria Capital
30/08/2019

Healthtech Startup Innovcare Lifesciences Raises INR 450 million From JM Financial

Mumbai based healthtech company Innovcare Lifesciences has raised INR 450 million from JM Financial Private Equity Fund II
30/08/2019

LenDenClub Raises USD 1 million Pre-Series A Funding Led By Artha Venture Fund

Mumbai-based peer-to-peer lending platform LenDenClub has raised USD 1 million in a Pre-Series A funding round
30/08/2019

Edtech startup Vedantu secures USD 42 million from Tiger Global, WestBridge Cap

Edtech platform Vedantu has raised USD 42 million in fresh funding led by New York-based Tiger Global Management and WestBridge Capital
30/08/2019

Flipkart close to investing USD 40 million in logistics startup Shadowfax

Flipkart is close to investing around USD 40 million in logistics startup Shadowfax as the e-commerce major looks to spruce up last mile delivery before the festive season
30/08/2019

Steadview Capital leads Chargebee’s Series D funding round

Subscription management platform Chargebee has raised USD 14 million in its Series D round of funding led by London-based hedge fund Steadview Capital
30/08/2019

Shell invests INR 55 crore in biomass firm Punjab Renewable

Shell India, the local arm of the Netherlands based Royal Dutch Shell Plc has made an equity investment of INR 55 crore in biomass company Punjab Renewable Energy Systems Pvt Ltd
29/08/2019

GrowX Ventures leads pre-Series A funding in HR-tech startup Advantage Club

Gurugram-based employee rewards and recognition platform Advantage Club has raised USD 1 million as part of its pre Series A round of funding led by GrowX Ventures and joined by early stage investor Sprout Venture Partners among others
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