Archive News


Cactus Venture Partners Raises USD 44 Million In 1st Close Of Debut Fund

Mumbai-based venture capital firm Cactus Venture Partners has raised USD 44 Million in the first close of its maiden fund. The fund will focus on investing primarily in clean tech, health tech, and business-to-business (B2B) Software-as-a-Service (SaaS) companies in India.

Crypto Investing App CoinSwitch Launches USD 10 Million Fund To Invest In 100 Web3 Startups

Crypto investing app CoinSwitch launched a fund that will invest in and incubate early-stage startups building blockchain solutions for the Web3 landscape

OYO Acquires Danish Vacation Home Company Bornholmske Feriehuse To Expand Footprint in Europe

Hospitality major OYO announced the acquisition of Danish vacation home company Bornholmske Feriehuse. The acquisition will strengthen OYO’s presence in the region and will enable the company to cater to additional users visiting these vacation homes. The move will also add around 737 vacation homes managed by Bornholmske to OYO’s […]

Proptech Startup Landeed Bags INR 19.5 Cr For Its Property Title Search Engine

Bengaluru-based proptech startup Landeed has bagged INR 19.5 Cr in Pre-Seed funding round led by Clutterbot CEO Justin Hamilton, CRED’s Kunal Shah, Chris Maurice of Yellow Card and Christian Kaczmarczyk of Third Prime VC. Angel investors Manmohan Chandolu, and nine other Y Combinator alum, among others, also took part in […]

DPhi raises funds from Switzerland-based investor Selcuk Boydak

DPhi, an artificial community, has raised seed funding of INR 2.4 Cr from entrepreneur Selçuk Boydak. As part of this investment, DPhi will continue its collaboration with the Swiss scale-up companies AI Business School and Global AI Hub to create a unique global AI ecosystem.

No-Code DevOps platform Humalect raises USD 750K in seed round led by StartupXseed Ventures

Humalect, a no-code platform focused on organization automation, has raised USD 750,000 from early-stage investor StartupXseed Ventures. The fresh funds will be used to build the team efficiently and extend product features.

Gaming Startup Super4 Raises INR 10 Cr In a Seed Round

Gaming app Super4, operated by Techjeux has raised INR 10 Cr in seed funding from a clutch of undisclosed investors. The startup will use the fresh capital to expand and strengthen its team across multiple verticals and kickstart its venture into the fantasy gaming market.

Blockchain-Based Gaming Platform Lysto Raises USD 12 Million In Pre-Series A Round

Lysto, a platform that seeks to bring gamers and their credentials on-chain has raised USD 12 Million in its pre-Series A funding round from a clutch of investors including Square Peg, Beenext, Hashed, Tiger Global and Better Capital. The funding round saw participation from angel investors such as Balaji Srinivasan […]

Orxa Energies Closes Pre-Series A Round To Bring Its Electric Bike Mantis To The Market

Electric motorcycle maker Orxa Energies has closed an undisclosed amount of Pre-Series A funding round from SAR Group’s electric mobility arm Lectrix E-Vehicles. Along with the fundraising deal, Orxa Energies is also getting into a strategic collaboration with Lectrix E-Vehicles.

Sales Acceleration Startup SquadStack Bags USD 17.5 Million To Expand Into New Verticals

SaaS enabled talent marketplace SquadStack has raised USD 17.5 Million in Series B round led by Bertelsmann India Investments, along with existing investors Chiratae Ventures and Blume Ventures. It will use this fresh infusion of funds to hire top talent to strengthen its team for expansion. It also plans to […]

Weave Capital Launches USD 75 Million Fund For Early-Stage Tech Startups

SPVH Group’s venture capital (VC) arm Weave Capital has launched a multi-stage VC fund of USD 75 Million with an aim to participate and lead investments in startups raising capital above seed rounds till Series B rounds. Weave Capital is a sector-agnostic fund with an inclination to fund technology-enabled businesses

Tiger Global Leads Series A Round In Fintech Startup Jodo

Educational payments startup Jodo has raised USD 15 Million led by Tiger Global. The round also saw participation from existing investors, Elevation Capital and Matrix Partners India

Agritech Startup Produze Nets Seed Funding In Accel-Led Round

Cross-border agritech platform Produze has secured seed funding of USD 2.6 Million led by Accel Partners. The round also saw participation from a host of investors including All In Capital, Thirukumaran Nagarajan (CEO at Ninjacart); Kartheeswaran KK, (COO at Ninjacart); Anilkumar SG, (CEO at Samunnati); Pawan Gupta (CEO at Fashinza); […]

100X Entrepreneur Fund, Others Back E-Commerce Marketplace 1digitalstack

Inovedge Commerce which runs e-commerce revenue growth platform for marketplace has secured USD 1.5 Million in a funding round led by 100X Entrepreneur Fund and a host of angel investors and syndicate angel funds. The fundraise also saw participation from CP Gurnani (Tech Mahindra); Jaswinder Chadha (Axtria); Jaideep Mehta […]

Indian Angel Network Leads Series A Round In Cloud Kitchen Startup Bigspoon

Cloud kitchen startup Bigspoon Foods has raised Series A funding of INR 100 Cr led by Indian Angel Network, with participation from NB Ventures, Go-Ventures, Lets Venture, Grip Invest, and Anicut Capital. The fundraise was also joined by celebrity investor Mouni Roy, who will be joining the brand’s incubation and […]

Wealthtech Startup Dezerv Secures USD 21 Million To Offer Customised Investment Opportunities

Wealthtech startup Dezerv has secured USD 21 Million in its Series A funding round led by Accel. Existing investors Matrix Partners India and Elevation Capital also participated in the round. Dezerv plans to use the capital to strengthen its user experience, introduce investment opportunities and grow the talent pool.

Scripbox Acquires Investment Startup Wealth Managers To Grow Cumulative Consumer Base

Wealthtech startup Scripbox has acquired Pune-based startup Wealth Managers for an undisclosed amount. Following the acquisition, Scripbox plans to expand its geographical footprint and customer base.

Axis Bank, Oaks Asset Management Invest In Fintech Player CredAble

Supply chain finance platform CredAble has secured USD 9 Million in a fresh round of funding from Axis Bank and existing investor Oaks Asset Management. Axis Bank will acquire a 5% stake in the startup. The Mumbai-based startup will use the fresh capital to scale its growth plans.

Inflection Point Backs Manufacturing Platform Fabrication Bazar

Ben & Gaws which runs manufacturing and engineering startup Fabrication Bazar has secured INR 7 Cr in a seed funding round, led by Inflection Point Ventures. The New Delhi-based startup plans to deploy the fresh proceeds for team expansion, enhancing technology and scaling operations.

PE-Backed Northern Arc Snags USD 25 Million From Proparco

Private equity-backed debt financier Northern Arc Capital Ltd has raised USD 25 Million in external commercial borrowings (ECB) from AFD Group’s private sector financing arm, Proparco. The long-term funding will be used by Northern Arc (formerly IFMR Capital Finance) to serve MSMEs and women entrepreneurs

Dry Fruit Brand Farmley Raises Series A Funding From DSG, Alkemi, Others

Nuts and dry fruit startup Farmley has secured USD 6 Million as a part of its Series A funding round co-led by Singapore-based venture capital firm DSG Consumer Partners and Alkemi Ventures with existing investors Omnivore, Insitor Partners and other angel investors.

UpGrad Pockets USD 210 Million In Fresh Funding

Upskilling unicorn upGrad has secured USD 210 Million in a fresh round of funding from a clutch of investors including ETS Global, Bodhi Tree (a JV of James Murdoch and Uday Shankar) and Singapore’s Kaizen Management Advisors. The round also saw participation from Bharti Airtel’s family office, Narotam Sekhsaria Family […]

Vaccine Maker Biological E, Kotak PE, Others Invest In Eyestem

Cell therapy startup Eyestem Research has raised Series A funding of USD 6.4 Million from Biological E Limited, Alkem Labs, Natco Pharma and promoters of Kemwell Biopharma and also saw participation from existing investors like Endiya Partners and Kotak Private Equity

Tiger Global-Backed Packaging Startup Bizongo Secures USD 25 Million To Offer Supply Chain And Credit Solutions To Businesses

B2B packaging startup Bizongo has secured USD 25 Million from Liquidity Group’s fund— Mars Growth Capital. Bizongo will use the capital to expand its footprint in Southeast Asia and grow its customer base for supply chain business.