Archive News

05/04/2022

Blue-collar recruitment platform WorkIndia raises funding from PERSOL Group

Blue-collar recruitment platform WorkIndia has recently raised funding led by PERSOL Group, a major comprehensive human resources service provider in the APAC region. The company plans to direct the funds towards extending its product and fraud detection technology across PERSOL’s operations in 13 countries and regions globally.
05/04/2022

Bombay Play raises USD 7 million in Series-A led by Kalaari Capital

Indian gaming studio Bombay Play has raised USD 7 million in its Series-A funding round led by Kalaari Capital.The round also witnessed participation from existing investors – Lumikai Fund, Leo Capital and PlayCo. apart from new investors like Winzo, AdvantEdge VC, AMEA Ventures amongst others.
05/04/2022

Ankur Capital, Omnivore help Agrizy raise USD 4 million seed fund

Bengaluru-based agri-tech start-up Agrizy has raised USD 4 million in a seed round, led by Ankur Capital. This round also saw participation from Omnivore and angels like Rajesh Yabaji (CEO, BlackBuck), and Zetwerk’s co-founders Srinath Ramakkrushnan, Amrit Acharya, Rahul Sharma, and Vishal Chaudhary among others.
05/04/2022

Sequoia-backed Stanza Living buys Singularity Automation in all-cash deal

Shared living operator Stanza Living has acquired Bengaluru-based IoT platform Singularity Automation in an all-cash deal.The acquisition will strengthen Stanza Living’s existing technology ecosystem, and help developing highly-customized IoT-based solutions for the managed accommodation sector.
05/04/2022

Omnivore unveils USD 30 Million fund to back agri, climate sustainability investments

Agritech venture capital platform Omnivore roll out of a third fund with a target of raising USD 130 million to invest in early-stage startups, focused on agriculture, food, climate and rural economy. The firm plans to fund 25-30 new startups with this fund over the following four years.
05/04/2022

Beams Fintech Fund marks first close at USD 36 Million

Venture Catalyst floated Beams Fintech Fund has completed the first close of its maiden growth-stage fund. Beams will invest in early-stage firms that operate at the crossroads of financial services and technology. The fund seeks to attain its target corpus of USD 100 million in the next nine months.
04/04/2022

Bosch Acquires 14% Stake In Deeptech Startup Zeliot

Multinational technology company Bosch Ltd. has acquired a 14% minority stake in Bengaluru-based deeptech B2B startup Zeliot Connected Services. Bosch said that this investment would help the company enhance its role in the mobility landscape through offerings on digital platforms in personalised and connected mobility.
04/04/2022

Sequoia-backed Stanza Living buys Singularity Automation in all-cash deal

Shared living operator Stanza Living has acquired Bengaluru-based IoT platform Singularity Automation in an all-cash deal. The acquisition will strengthen Stanza Living’s existing technology ecosystem, and help developing highly-customized IoT-based solutions for the managed accommodation sector.
04/04/2022

LC Nueva Investment Partners snags USD 30 Million in first close of maiden venture fund

LC Nueva Investment Partners, a partnership between Lighthouse Canton and Nueva Capital, has secured Rs 224.8 crore or USD 30 million, marking the first close of its debut venture fund.
04/04/2022

EnKash raises USD 20 million from Ascent Capital, Baring India and White Ventures

EnKash, a spends management platform and corporate cards company has raised USD 20 million as a part of its Series B round that was led by Ascent Capital with participation from Baring India and Singapore-based White Ventures. The round also saw participation from existing investors, Mayfield India and Axilor Ventures.
01/04/2022

Fintech Startup Finova Capital Bags USD 65 Million From Norwest Venture Partners, Others

Fintech startup Finova Capital has raised USD 65 Million in a funding round led by Norwest Venture Partners. Maj Invest and Faering Capital also participated in the funding round, with Faering returning as an existing investor.
01/04/2022

B2B Agritech Startup AgroStar Acquires INI Farms To Enter Global Food Supply Chain

B2B agri-inputs startup AgroStar has announced complete acquisition (100%) of Mumbai-based startup INI Farms through a combination of cash and stock deal.
01/04/2022

Healthtech Startup Phablecare Acquires Fused Training To Scale Up Type-1 Diabetes Vertical

Healthtech startup Phablecare has acquired Fused Training, a Type-1 Diabetes health management startup. With this acquisition, Phablecare plans to strengthen its Type-1 Diabetes vertical.
01/04/2022

Fintech Startup OneCode Raises USD 13 Million In Series A Round Led By General Catalyst

Fintech startup OneCode has raised USD 13 Million in Series A funding led by General Catalyst. The startup will use the fresh capital for hiring across functions and accelerating product and tech development.
01/04/2022

Sequoia-backed LambdaTest raises USD 45 Million led by Premji Invest

Sequoia Capital India-backed LambdaTest, an end-to-end cloud-based test orchestration platform, has raised USD 45 million in a venture round led by Premji Invest. The funding round saw participation from existing investors Sequoia Capital India, Telstra Ventures, Blume Ventures, and Leo Capital.
01/04/2022

HealthQuad bumps up target corpus for new fund, closes at USD 162 Million

Healthcare focused venture capital firm HealthQuad Advisors Pvt Ltd has announced the final closure of its second fund at USD 162 million more than 2.2 times greater than its target size at launch.
01/04/2022

Tiger Global leads USD 36 Million funding in supply chain firm Wiz Freight

Radar Ventures Pvt Ltd, which runs full-stack digital cross-border supply chain platform Wiz Freight, has secured INR 36.6 million in a mix of equity and debt led by Tiger Global Management.The round also saw participation from Axilor Ventures, Foundamental, Arali Ventures, Stride Ventures and Alteria Capital, with angel investors Ramakant […]
01/04/2022

Multiple PE leads USD 111 Million bet on lender Kogta Financial

Non-bank lender Kogta Financial (India) Ltd has raised USD 111 million as a part of its Series D funding led by homegrown private equity fund Multiples Alternate Asset Management. The Canada Pension Plan Investment Board (CPPIB) also joined the round as new investor, Morgan Stanley Private Equity Asia and Creador […]
31/03/2022

INDmoney Raises USD 11 Million From Sixteenth Street Capital, Peyush Bansal, Ankur Warikoo In Series D Funding Round

Neobanking platform INDmoney has completed its Series D round by raising USD 11 Million from Singapore-based Sixteenth Street Capital, Peyush Bansal, founder, Lenskart, and influencer and founder of Nearbuy.com, Ankur Warikoo.
31/03/2022

D2C Personal Care Startup mCaffeine Raises USD 31 Million To Fuel International Expansion

Single-ingredient D2C personal care startup, mCaffeine has raised more than USD 31 Million as part of its Series C funding round led by Paragon Partners.
31/03/2022

Binny Bansal-Backed 021 Capital Invests USD 5.5 Million In Grocery Retail Startup SuperK

Kadapa-based SuperK, has secured USD 5.5 Million in a Pre-Series A round led by Binny Bansal-backed 021 Capital with participation from other investors. The investors who participated in the grocery startup’s funding round include Curefoods founder Ankit Nagori, Razorpay founders’ Harshil Mathur and Shashank Kumar investment fund–MarsShot Ventures, Blume Founders […]
31/03/2022

SaaS Startup OSlash Raises USD 5 Mn To Grow Its Universal Search Tool

OSlash, a SaaS startup working to facilitate cross-sharing of information in a workplace, has raised USD 5 Million at a valuation of USD 50 Million in a post-seed funding round from more than 40 operators.
31/03/2022

Cleantech Startup EdgeGrid Raises USD 6 Million To Strengthen Technology Infrastructure

Hyderabad-based B2B cleantech startup EdgeGrid has raised USD 6 Million in a funding round led by Lightrock India, with participation from Theia Ventures and other angel investors.
31/03/2022

Surge-Backed Edtech Seekho Raises USD 3 Million To Achieve 7 Mn User Base By 2023

AI-enabled upskilling and career development startup Seekho has raised USD 3 Million in a Pre-Series A funding round. The round also saw participation from other investors including the family office of the JM Financial Group, LetsVenture, Trica, Super Morpheus, Yuj Ventures, and Sequoia Capital India’s Surge and angel investors– Varsha […]
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