22/03/2022

Times Internet Infuses USD 60 Million In Social Media Unicorn ShareChat

Indigenous social media platform ShareChat has added Times Internet to its captable. ShareChat is raising around USD 60.5 Million from the Gurugram-based Indian internet giant.
22/03/2022

Tiger Global-Backed Bizongo Buys Clean Slate To Equip Indian Factories With IoT Solutions

Mumbai-based B2B packaging and textile startup Bizongo has acquired internet-of-things (IoT) startup Clean Slate for an undisclosed amount. Through this acquisition, the startup would equip Indian factories with its IoT-powered cloud factory solution by 2023.
22/03/2022

Walmart’s PhonePe Acquires B2B Micro-Entrepreneur Platform GigIndia

Walmart-backed digital payments platform PhonePe has acquired GigIndia, a B2B marketplace for on-demand work completion for freelance micro-entrepreneurs, for an undisclosed amount.
22/03/2022

CommerceIQ turns unicorn with USD 115 Million funding led by SoftBank Vision Fund 2

Algorithmic platform CommerceIQ, has raised Series D funding of USD 115 million led by SoftBank Vision Fund 2 at unicorn valuation. The round also saw participation from existing investors including Insight Partners, Trinity Ventures, Shasta Ventures and Madrona Venture Group.
22/03/2022

Tiger Global-backed Bizongo buys IoT firm Clean Slate

Business-to-business (B2B) e-commerce and supply chain enablement platform Bizongo, has acquired Mumbai based IoT, and real-time location services solutions provider Clean Slate Technologies Pvt Ltd for an undisclosed amount.
22/03/2022

Edtech startup Leverage Edu pockets USD 22 Million in Series B round

Leverage Edu, has raised USD 22 million in its Series B round of funding from a bunch of funds, family offices and HNI (high networth individual) investors, besides existing backers. The new investors included UAE-based NB Ventures and 9Unicorns. Chona Group (behind Havmor ice cream brand), FMCG player Vicco, Mankind […]
22/03/2022

Ola Electric backs Israeli battery tech firm StoreDot

Ola Electric, the electric vehicle arm of ride-sharing startup Ola Cabs, on Monday, said it has invested an undisclosed amount in Israeli battery technology company StoreDot.
22/03/2022

Kotak investment arm, Unicorn India, others back healthtech firm FutureCure

Healthtech platform FutureCure Health has racked up Series A funding of USD 4 million from a clutch of investors including Kotak Investment Advisors Limited (KIAL), Unicorn India Ventures and RVCF India Growth Fund, among others.
21/03/2022

Sequoia Buys The Dip, Picks Up USD 94.8 Million Worth Of Freshworks’ Shares

Venture Capital firm Sequoia India has picked up USD 94.8 Million worth of Freshworks’ shares.
21/03/2022

HealthQuad, Sabre Partners lead Series B round in ekincare

Artificial intelligence-based health benefits startup ekincare on has raised USD 15 million as part of its Series B funding led by HealthQuad and Sabre Partners. Existing investors Eight Roads Ventures, Ventureast, Siana Capital and Endiya Partners also participated in the round.
17/03/2022

Deal Announcement: Maritime Procurement Startup Shipskart raises Series A funding round via Enablers

Shipskart, Singapore-based B2B supply chain startup in the maritime and offshore segment has raised USD 2.7 million in Series A round led by Trail Mix Ventures (TMV) and Hermes Offshore. Strategic investors including Motion Ventures, Tradeworks.vc and Eternia Investments also participated in the round. ValPro’s startup advisory vertical, Enablers, was […]
17/03/2022

Razorpay Marks Fifth Acquisition, Buys Payments Technology Startup IZealiant Technologies

Fintech unicorn Razorpay has acquired IZealiant Technologies, a fintech startup, marking its fifth acquisition in four years. However, the financial details of the deal were not disclosed by the unicorn.
17/03/2022

F2P Gaming Startup LILA Games Raises USD 10 Million For Product Development

F2P Gaming Startup LILA Games Raises USD 10 Million For Product Development led by Rainfall. The round saw participation from investors–BITKRAFT Ventures, Galaxy Interactive, Sequoia Capital, and KRAFTON and angel investors including Ryan Wyatt, CEO of Polygon Studios, Tanay Tayal, cofounder and CEO of Moonfrog Labs, and Thomas Vu, producer […]
17/03/2022

Bioenergy Technology Startup GPS Renewables Raises Funds From Neev Fund II By SBICap Ventures

GPS Renewables, a Bengaluru-based bioenergy technology startup, has raised fresh capital in a Series B funding round from Neev Fund II, a venture capital fund managed by SBICap Ventures.
17/03/2022

Data Engineering Startup Scribble Data Raises Funding From Blume Ventures

Bengaluru-based data engineering startup Scribble Data has raised USD 2.2 Million in seed funding led by early-stage venture capital firm Blume Ventures. Log X Ventures and Sprout Venture Partners also participated in this round of funding.
17/03/2022

Kora Capital-backed Clear buys financing tech platform Xpedize

Online taxation and fintech software provider Clear, has acquired supply chain supply chain financing technology firm Xpedize. The deal value stood at around INR 100 crore.
17/03/2022

Paytm’s Vijay Shekhar Sharma, Elevation Capital, others back one-year-old healthtech firm

Curelink Pvt Ltd, has secured seed capital of USD 3.5 million led by Elevation Capital and Venture Highway. The fundraise also saw participation from Digital Sparrow Capital, with angel investors including Vijay Shekhar Sharma (Chief Executive Officer of Paytm), Ankush Sachdeva and Farid Ahsan (Co-Founders at ShareChat) as well as […]
17/03/2022

Multiplier valuation touches USD 400 Million after Series B co-led round by Tiger Global, Sequoia

Employment management platform Multiplier on Wednesday said it has touched USD 400 million valuation after racking up Series B funding of USD 60 million in a round co-led by Tiger Global and Sequoia Capital India, with DST Global Partners’ participation.
17/03/2022

Tata 1mg makes strategic bet on diagnostic platform 5C Network

Online healthcare firm Tata 1mg has made strategic investment in digital diagnostic platform 5C Network for an undisclosed amount. The round also saw participation from investors including Vikram Vuppala (Founder and CEO at Nephroplus), Om Manchanda (Managing Director at Lal Pathlabs) and Viren Prasad Shetty, (COO of Narayana Health), among […]
17/03/2022

AI-backed tech firm Logically closes USD 24 Million round

Artificial intelligence-backed technology platform Logically on Wednesday said it has closed funding of $24 million (around Rs 183 crore) led by growth investor Vitruvian Partners.The round also participation from Amazon Alexa Fund, existing seed investors XTX Ventures and Northern Powerhouse Investment Fund (NPIF).
17/03/2022

Media SaaS business Amagi raises USD 95 Million at unicorn valuation

Amagi Media Labs Pvt Ltd, has raised $95 million in a new funding round led by Accel. Norwest Venture Partners and Avataar Ventures also participated in this funding round.
16/03/2022

Hero Enterprise Backs Jewellery Startup BlueStone With USD 30 Million Funding

Omnichannel jewellery brand BlueStone has raised USD 30 Million in a funding round led by Hero Enterprise’s Sunil Kant Munjal.
16/03/2022

Zomato Acquires 16.6% Stake In Food Robotics Startup Mukunda For USD 5 Million

Zomato’s board, on March 15, approved the acquisition of 16.66% stake in robotics startups, Mukunda Foods, for USD 5 Million.
16/03/2022

Licious secures USD 150 Million in extended Series F round

Meat brand Licious, operated by Delightful Gourmet Pvt Ltd, has raised USD 150 million in an extended Series F round of funding led by Singapore-based Amansa Capital. New investors, Kotak PE and Axis Growth Avenues AIF-I also invested in the latest funding round of the startup.
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