Archive News


A91 may put USD 10 million in Atomberg Tech

A91 Partners the investment fund founded by three former managing directors of Sequoia Capital is close to investing USD 10 million in energy efficient and connected fan maker Atomberg Technologies

Cred closes USD 120 million round as valuation jumps to USD 450 million

Fintech startup Cred has closed a USD 120 million funding round led by existing backers Ribbit Capital, Gemini Investments, a personal investment vehicle of Yuri Milner’s DST Global and Sequoia Capital

Iron Pillar leads Series B funding in Freshtohome

Bengaluru-based online fish and meat seller Freshtohome Foods Pvt Ltd has raised USD 20 million in its Series B round of funding led by venture capital firm Iron Pillar

BharatPe raises USD 50 million from Ribbit, Steadview

BharatPe, a QRcode based payments app for offline merchants has closed its USD 50 million financing led by US-based financial technology focused investor Ribbit Capital.

Zendrive bags USD 37 million in Series-B round

Driving analytics platform Zendrive has raised USD 37 million in a Series-B funding round led by XL Innovate with participation from Hearst Ventures and existing investors including ACME Capital, BMW iVentures, NYCA and SignalFire, among others  

Norwest backs a property & project management company

SILA Solutions Pvt Ltd, a property and project management company has raised INR 56 crore from multi-stage investment firm Norwest Venture Partners.

Steadview Capital invests in spa and salon software provider Zenoti

Zenoti, a software provider to salons and spas has raised USD 20 million in a round of funding from alternative asset management firm Steadview Capital.

INDwealth Bags USD 15 Million Funding from Tiger Global

Fintech startup INDwealth which is based in Gurugram has raised USD 15 Million in a funding round from New York based hedge fund Tiger Global.

Utsav Somani & Abhishek Madhavan lead Seed Funding in Dose FM

Mumbai-based audio streaming platform Dose FM has raised an undisclosed amount of seed funding from Abhishek Damodara and includes AngelList syndicate led by Utsav Somani and other angel investors such as Abhishek Madhavan of Loco and MPL.

Nazara gets 67% stake in Sportskeeda

Mumbai based mobile gaming startup Nazara Technologies invested INR 44 Crores for 67% stake in sports content website Sportskeeda

RPS Ventures leads funding round in fintech firm Tala

FinTech company Tala has raised USD 110 million in Series-D funding led by RPS Ventures.

Bharat Innovation Fund & Falcon Edge back AI-based firm vPhrase Analytics in Series A round

vPhrase Analytics Solutions Pvt Ltd, an artificial intelligence (AI) based natural language generation technologies has raised USD 2 million in its Series A funding round.

Australia’s Growth DNA & others invest in Ed-tech startup AdmitKard

Ed tech startup AdmitKard has raised USD 1 million from Australia-based ed tech fund Growth DNA and Dheeraj Bhatia, the founder of Kips Learning, a professional computer education firm.

Venture Catalysts invests in online gaming company Global eSports

Global eSports, an online gaming company has raised an undisclosed amount of money in a seed funding round from incubator and accelerator Venture Catalysts.

PayU in talks to buy consumer lending platform PaySense

PayU is in talks to acquire online consumer lending platform PaySense, in a potential cash- and-stock deal that is likely to value the Mumbai-based company at USD 60-70 million.

Former MakeMyTrip execs’ travel-tech startup RedDoorz gets Series C cheque

Singapore-based budget hotel accommodation firm RedDoorz has raised USD 70 million in its Series C round of funding.

TVS invests in US-based artificial intelligence, industrial IoT startup Predictronics

TVS Motor Company Ltd has invested in Predictronics Corp, a US-based maintenance analytics firm.

Naukri parent Info Edge, others invest in B2B e-commerce platform ShopKirana

ShopKirana E-Trading Pvt Ltd, an e-commerce platform, has raised around USD 10 million in a funding round led by existing investor Info Edge (India) Ltd, which owns portals including job site Naukri

Housing financier Aviom raises Series B funding from Japanese, Dutch investors

Delhi-based Aviom India Housing Finance Pvt Ltd has raised around series B round from Japan’s Gojo & Company and Dutch investor Capital 4 Development (C4D) Asia Fund

Venture Catalysts invests in AI-based vernacular content startup Instoried

Instoried, an artificial intelligence-driven tech content startup, has raised USD 500,000 in a seed funding round from incubator and accelerator Venture Catalysts.

Vir Sanghvi invests in product review startup Mishry

Senior journalist and entrepreneur Vir Sanghvi has invested an undisclosed amount in startup Mishry, which reviews products in the cooking and dining segment.

Accel, former Tiger Global exec Lee Fixel invest in SaaS startup Ally

Ally, a business execution management software startup has raised USD 8 million in its Series A round of funding led by venture capital firm Accel.

Goldman Sachs, China insurer Ping An’s fund lead funding in Nexus-backed H2O ai

H2O ai Inc, an artificial intelligence startup whose algorithms are used by firms to predict fraud, customer churn etc has raised a Series D funding round.

SoftBank Fund makes energy-storage bet

Vision Fund which is created by Japanese tech giant SoftBank Group Corp is investing USD 110 million in Energy Vault, a Swiss startup that use cranes and concrete to store energy