Archive News

20/04/2022

Recur Technologies pockets USD 30 Million from InfoEdge, Incred, others

Recur Technologies PTE, a financing platform has raised USD 30 million in a mix of equity and debt led by InfoEdge Ventures and Village Global, with participation from Aditya Birla Finance Ltd and Incred Financial Services. The round also saw participation from Titan Capital, Kotak Investment’s MD S. Srinivasan, AZB […]
20/04/2022

Elevation Capital-backed insurtech platform Loop Health raises USD 25 Million

Healthcare and insurance technology platform, Loop Health has raised USD 25 million in its Series B funding round co-led by General Catalyst and Elevation Capital (formerly Saif Partners). The round also saw participation from leading Silicon Valley investors, Vinod Khosla and Khosla Ventures, along with a new investor, Optum Ventures.
20/04/2022

Y-Combinator-backed SaveIN raises USD 4 Million from Nordstar, Kube VC, others

Credit-focused fintech platform SaveIN has secured seed funding of USD 4 million from Y-Combinator, 10X Group, Leonis VC, Goodwater Capital, Nordstar, Rebel Fund, Pioneer Fund, Soma Capital and SCM Advisors. The round also saw participation from Oliver Jung, Grant Park Ventures, Leblon Capital, Almagro GmbH, MyAsiaVC, Kube VC, Spenmo Founder […]
20/04/2022

KuCoin-backed firms launch USD 100 Million fund for early-stage NFT projects

KuCoin Ventures and its NFT marketplace, Windvane, have launching a USD 100 million “creators fund”. The fund will support and incubate early-stage non-fungible token (NFT) projects, covering fields such as arts, sports, PFPs, Asian culture, celebrities, GameFi, etc.
19/04/2022

CoinDCX raises USD 135 Million in funding as valuation doubles to USD 2.15 Billion

Crypto trading exchange CoinDCX has raised USD 135.9 million from investors led by Pantera Capital and Steadview Capital, doubling its valuation to USD 2.15 billion in less than a year to become the most valued crypto trading platform in India.
19/04/2022

SpiceJet promoter Ajay Singh invests in healthcare startup Flebo

SpiceJet promoter Ajay Singh has invested in healthcare startup Flebo which provides sample collection services to medical diagnostic labs.
19/04/2022

Microsoft To Join B2B Unicorn Udaan’s USD 250 Million Debt Round

Microsoft Corporation has joined Bengaluru-based B2B ecommerce giant Udaan’s USD 250 Million debt funding round.
19/04/2022

Edtech Startup Financepeer To Raise USD 35 Million In Funding Led By QED Investors

Mumbai-based edtech startup Financepeer is raising around USD 35 Million in a Series B round of funding. The fresh round will be led by new investor QED Investors, in participation with Atlanta US and Avishkar Capital.
19/04/2022

Bollywood Actor Rakul Preet Backs D2C Startup Wellbeing Nutrition

D2C health and nutrition startup Wellbeing Nutrition has received an undisclosed amount of investment from Bollywood actor Rakul Preet Singh.
19/04/2022

EV Startup Prakriti Secures Funding From IEG As Part Of Its USD 5 Million Funding Round

Electric mobility startup Prakriti E-Mobility has secured an undisclosed amount of lead investment as part of its pre-Series A funding round, led by IEG Investment Banking Group.
19/04/2022

EV Startup Euler Motors Raises USD 5 Million From Moglix

New Delhi-based EV manufacturing startup Euler Motors has raised about USD 5 Million as a part of the Series B funding round from Moglix. It plans to close the current Series B funding round at around USD 60 Million.
19/04/2022

Agritech Startup DeHaat Acquires 75% Stake In Processed Food Startup YCook

Agritech startup DeHaat is acquiring a majority stake in Bengaluru-based ready-to-cook processed food startup YCook. DeHaat is infusing USD 3.1 Million in YCook to acquire 75.5% stake on a fully diluted basis in YCook.
19/04/2022

Fractional ownership platform Myre Capital set to launch INR 500 Cr AIF

Neo-realty investments platform Myre Capital will launch a real estate alternative investment fund (AIF) worth INR 500 crore as it has been witnessing a surging demand in commercial real estate investment from HNIs, family offices, institutional and retail investors.
19/04/2022

Chiratae Ventures, Endiya Partners back deeptech firm Expertia AI

Expertia AI Technologies which runs deeptech virtual recruitment platform Expertia AI, has secured seed funding of USD 1.2 million co-led by Chiratae Ventures and Endiya Partners. The round also saw participation from UK-based talent investor Entrepreneur First and angel investor Archana Priyadarshini.
19/04/2022

Swiggy, Zomato, others invest USD 24 Million in Sequoia-backed UrbanPiper

UrbanPiper Technologies Pvt Ltd, a restaurant management platform, has racked up USD 24 million as a part of its Series B funding co-led by existing investors Sequoia Capital India and Tiger Global. The round also saw participation from Swiggy and Zomato, with angel investors including Pankaj Chaddah (Shyft), Ankit Nagori […]
19/04/2022

Fluid Ventures hits final close of D2C-focused debut VC fund

Direct-to-consumer (D2C) focused venture capital fund Fluid Ventures announced the final close of its debut fund at INR 50 crore.
18/04/2022

Fintech Startup Stockal Raises USD 9 Million To Enter South East Asian Markets

Bengaluru-based investment platform Stockal has raised USD 9 Million as a part of its Series-A funding round. The round saw participation from investors including Hashed, PEAK6, ARC Group Ventures, Trica, 7Square, AZ Ventures, Czar Capital and Riso Capital.
15/04/2022

Uniphore Acquires Colabo To Help IVAs And Live Agents Deliver Better Customer Interactions

Conversational automation unicorn Uniphore has acquired Colabo, an AI-powered knowledge automation solution provider. The integration of Colabo solutions on the Uniphore platform will help enterprises to leverage AI to extract knowledge entities and graphs from structured and unstructured data
15/04/2022

Bike Taxi Startup Rapido Raises USD 177.5 Million From Foodtech Giant Swiggy, TVS Motor

Bike taxi startup Rapido has raised around USD 177.5 Million in a funding round led by food delivery aggregator Swiggy and also saw participation from another new investor TVS Motors. Existing investors WestBridge Capital, Nexus Ventures, Shell Ventures also infused capital in the round.
15/04/2022

Sequoia leads USD 3.4 Million funding in fintech firm Hubble

Fintech startup Hubble has secured seed funding of USD 3.4 Million in a round led by Sequoia Capital India and also saw participation from angel investors including Kunal Bahl (Snapdeal) and Sateesh Andra (Endiya Partners), among others.
15/04/2022

Web3 firm EPNS raises USD 10.1 Million at USD 131 Million valuation

Web3.0 platform Ethereum Push Notification Service has secured Series A funding of USD 10.1 Million led by Jump Crypto at a valuation of USD 131 Million and also saw participation from Tiger Global, ParaFi, A.Capital, Sino Global, Polygon Studios, Harmony Foundation, Wintermute, Zee Prime, Woodstock Ventures, DCX Ventures, Alpha Wave […]
14/04/2022

MSME Lender Kinara Capital Bags USD 27.3 Million From Nuveen Global Impact Fund

Fintech startup Kinara Capital has raised USD 27.3 Million in a fresh round of funding from Nuveen Global Impact Fund and Triple Jump.The startup plans to utilise the newly raised capital to focus on building a global team for further expansion in the U.S. and APAC markets
14/04/2022

Hrtech Startup Mesh Eyes Expansion After Raising USD 11 Million Funding Led By RTP Global

Performance management startup Mesh has secured USD 11 Million in a Series A funding round led by venture capital firm RTP Global and also saw participation from YC Continuity, Surge and angel investors including Viral Bajaria, Ankit Nagori, Sumon Sadhu and Hemant Bhardwaj.
14/04/2022

E-learning firm MediSage pockets USD 7 Million from Bessemer Venture, others

MediSage, the digital community for healthcare professionals has raised USD 7 Million in funding led by Bessemer Venture Partners and also saw participation from Rahul Mukim (Carlyle), TP Devarajan (Invascent), Vijay Datt (Citadel Management ), and Siddharth Sikchi (Clean Sciences and Technology).
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