Archive News


Matrix Partners leads Series A funding in OTO Capital

OTO Capital, which provides financing option for two-wheeler buyers, has raised USD 6 million as part of its Series A funding round led by Matrix Partners India. Existing and new investors such as Prime Venture Partners, 9Unicorns, and Better Capital also participated in the funding round.

Studio Sirah raises USD 830K for India-first mobile games

Studio Sirah, a Bengaluru-based studio that makes mid-core India-first games, has raised seed investment of USD 830,000 led by Lumikai an Indian gaming-focused venture capital fund. The round also saw participation from a group of strategic angels, including Akshat Rathee, Founder of Nodwin Games, Alexis Bonte, COO of Stillfront Games […]

D2C Sports Brand Elevar Raises INR 19 Crore Led By Kalaari Capital

D2C sports brand Elevar, has raised INR 19 Crore in series A round led by venture capital firm Kalaari Capital with participation from Dream Capital of Dream Sports. Elevar is a direct-to-consumer sports brand that currently has two core product categories, Athletic Performance Footwear, and Cricket bats.

B2B SaaS startup Factors.AI raises USD 2 Million co-led by Elevation Partners, Emergent Ventures, a next-generation augmented marketing analytics platform, has raised USD 2 million in seed funding co-led by Elevation Partners and Emergent Ventures. The round also saw participation from a few angel investors. Factors.AI mines customer data for insights through its proprietary AI engine, resulting in better campaign decisions and amplified […]

Fintech startup Karbon Card raises capital from Y Combinator

Karbon Card, a fintech company providing corporate cards to Indian start-ups, has raised an undisclosed sum in growth capital from accelerator Y Combinator.

Extracurricular Learning Platform Spark Studio Gets Funding From Y Combinator

Bengaluru-based extracurricular learning startup, Spark Studio has secured an investment from Y Combinator as part of the latter’s S21 batch. Spark Studio has over 15 courses across music, communications, and visual arts. Parents enroll their kids in courses such as debate, storytelling, photography, stop motion animation, guitar and keyboard.

Indiagold gets USD 12 million funding from PayU, others as gold loans surge

Indiagold a gold-focused digital alternative credit platform, has raised USD 12 million in fresh funding led by PayU, the payments, and fintech business of Prosus, and Alpha Wave Incubation Fund. Better Tomorrow Ventures, 3one4 Capital, RainmatterCapital, and existing investor, Leo Capital will also participate in the round.

B2Brain Raises USD 1 Million In Seed From Ideaspring Capital And Arka Venture Labs

B2Brain, an early-stage B2B SaaS company empowers sales teams with contextual intelligence on their target accounts, has raised USD 1 million in its seed from Ideaspring Capital and Arka Venture Labs.

Game development startup SuperGaming raises USD 5.5 Million in Series A round

Homegrown game development company SuperGaming, has raised USD 5.5 Million in Series A funding from Skycatcher, AET Fund, BAce Capital, Dream Incubator, 1Up Ventures, and Monish Darda. SuperGaming is a multiplayer or social gaming experience where individuals can compete with their friends or team up for various casual, social and […]

Advantage Club raises USD 1.7 million from Y Combinator, Broom Ventures, others

Employee engagement platform Advantage Club has raised USD 1.7 million from Y Combinator, Broom Ventures, and Cred founder Kunal Shah. and other leading angel investors from the United States, Middle East and Southeast Asia also participated in the round.

Ruptok Fintech Secures INR 14 Crore Debt Funding From Eclear Leasing & Finance

Ruptok Fintech Pvt. Ltd., an online gold loan service provider, has secured debt funding of INR 14 Crore from a New Delhi based NBFC Eclear Leasing & Finance Pvt. Ltd. The funds raised will be utilised to venture into co-lending agreement with Eclear through a strategic alliance.

Sports-focused startup Sporjo raises USD 2 Million in pre-Series A funding

Sporjo, an online education, training & employability company focused on sports, has raised USD 2 million in a Pre Series A round led by private investor Punit Balan, Chairman Punit Balan Group & Punit Balan Studios, in participation with other private investors.

Elda Health raises seed funding of USD 1.5 Million from Avaana Capital, Orios Ventures, and Ananth Narayanan Family office

Elda Health, a women-led one stop holistic health platform for the mid-age urban woman, has raised USD 1.5 million in a seed round from Avaana Capital, Orios Ventures, and Ananth Narayanan Family Office.

Online marketplace IsGoingOnline raises INR 1.5 Crore in pre-Series A round

Kochi-based digital catalogue and marketplace IsGoingOnline, has raised INR 1.5 crore in a pre-Series A round led by Artha Venture Fund. The round also saw participation from Unicorn India Ventures, SEA Fund, and Devdatt Shah. IsGoingOnline leverages AI to offer a holistic services stack that enables SMEs to set up […]

Healthtech startup NeoDocs raises pre-seed round from Y Combinator, 9Unicorns and Titan Capital

AI-enabled healthtech platform NeoDocs, has raised an undisclosed amount in pre-seed round led by 9Unicorns along with Y Combinator and Titan Capital. Other investors that participated in the round include Gemba Capital, Prophetic Ventures, and other angel investors.

FanPlay raises USD 1.2M in pre-Series A round led by Upsparks, others

FanPlay, a platform for social media influencers, helping them monetize by playing mobile games with their fans and followers, has raised USD 1.2 million in a pre-Series A round led by Upsparks, with participation from CRED Founder Kunal Shah, Goodwater Capital, Atrium Angels, IIM-Indore Angel Fund, and others.

Winvesta raises seed round from Speciale Invest, Blume Founders Fund, Kunal Shah

Winvesta, a neobank building cross-border banking and wealth management that enables Indians to open multi-currency accounts and invest globally, has raised an undisclosed amount as part of its Seed round from Speciale Invest, a Seed-stage venture capital firm, Blume Founders Fund, and Kunal Shah.

Agritech Robotics Startup TartanSense Raises USD 5 Million To Help Farmers Improve Income

Agritech robotics startup TartanSense, has raised USD 5 Mn in Series A funding. The round was led by FMC Ventures and Omnivore, with participation from existing investor Blume Ventures. TartanSense builds small agricultural robots, equipped with AI-assisted computer vision, to help small farms reduce their expenditures and improve their incomes.

Foodtech startup Ai Palatte raises USD 4.4 Million from pi Ventures, others

Singapore-based foodtech startup Ai Palette Tuesday raised $4.4 million in a Series A round led by pi Ventures and Exfinity Ventures. The round also saw participation from Hyderabad-based Anthill Ventures and existing investors, including Silicon Valley-based investment firm AgFunder, among others.

D2C fashion brand Bewakoof raises INR 60 Crore led by InvestCorp

D2C fashion brand Bewakoof has raised INR 60 crore in its latest round led by InvestCorp. IvyCap Ventures and Spring Marketing Capital also participated in the round. Bewakoof is a fashion brand built on social media, with content marketing being a key growth strategy.

Edtech Camp K12 raises USD 12 million in Series A led by Matrix and Elevation Capital

Edtech startup, Camp K12, has raised USD 12 million as a part of its Series A funding round co-led by Matrix Partners India and Elevation Capital.Camp K12 connects students in the age group of 5-18 with teachers for live interactive online courses across categories such as coding and english.

Prime Venture Partners secures USD 75 million towards first close of fourth fund

Prime Venture Partners, an early-stage venture capital firm, has raised USD 75 million towards the first close of its USD 100-million fourth fund, amid unprecedented deal activity in the Indian startup ecosystem.

Ankit Nagori’s Curefoods raises capital from Iron Pillar

Curefoods, a cloud kitchen startup floated by cofounder Ankit Nagori, has raised USD 13 million as part of its Series A funding round led by Iron Pillar. The series A round also saw participation from Nordstar and Flipkart co-founder Binny Bansal. Curefoods, which commenced operations in 2020, operates brands […]

Furniture-Rental Startup Furlenco Bags USD 15 Million From TradeCred

Furniture rental startup Furlenco has raised USD 15 Million from TradeCred. House of Kieraya, an umbrella brand that houses both Furlenco and Furbicle has entered into an asset financing deal with TradeCred. House of Kieraya was formed last month to offer rental furniture, appliances, and remanufactured furniture under one roof.