10/05/2017

Blockchain incubator Satoshi Studios invests in Curie Labs

Southeast Asia-based blockchain incubator Satoshi Studios has made its first investment in Delhi-based energy analytics startup Curie Labs. Satoshi Studios, which was launched in December 2016, provides startups $50,000 in funding for an 8-15% equity stake as part of its incubation programme.
10/05/2017

Former Snapdeal exec Anand Chandrasekaran backs Uncanny Vision

Former Snapdeal chief product officer Anand Chandrasekaran has invested an undisclosed amount in Uncanny Vision. Uncanny Vision Solutions Pvt. Ltd is a business-to-business (B2B) startup that offers computer vision solutions for robotics, android applications, video surveillance and advanced driver assistance systems.
10/05/2017

Video analytics firm Vidooly raises fresh funding

Video analytics startup Vidooly Media Tech Pvt Ltd has raised a round of fresh funding from Gujarat Venture Finance Ltd, an Ahmedabad-based venture capital firm, and existing investor Times Internet to fund its expansion into Southeast Asian markets and hire more people. The Noida-based firm, which tracks user engagement of […]
10/05/2017

Cybersecurity startup Lucideus gets funding from Google’s Anandan, others

Delhi-based Lucideus Tech Pvt Ltd, an IT risk assessment and cybersecurity platform, has raised angel investment from a clutch of investors. Founded in 2012 the company builds and delivers information security platforms and services, both generic and customised, to proactively secure, continuously monitor and reactively respond to cyber threats to […]
09/05/2017

CureFit launches operations, bags $3 Million from Ratan Tata’s UC-RNT Fund

Bangalore-based CureFit Healthcare Pvt Ltd, which operates health and fitness platform CureFit, has secured $3 Million in a fresh round of funding from UC-RNT Fund. Other investors who participated in the round include Gokul Rajaram, product engineering lead at US-based mobile point of sale provider Square; Aditya Agarwal and Ruchi […]
09/05/2017

IAN, others back room booking app NightStay

Delhi-based NightStay, a mobile-based marketplace for last-minute hotel bookings, has raised an undisclosed amount in a pre-Series A round led by IAN and others. In August 2015, NightStay had raised $500,000 in a seed round from Vivek Bihani of Bedrock Venture Management Pvt. Ltd, Rajesh Sawhney, founder of GSF, and […]
09/05/2017

GVFL, Unicorn India Ventures invest in cybersecurity startup Sequretek

Venture capital firm GVFL and Unicorn India Ventures have invested an undisclosed amount in cybersecurity startup Sequretek, which works with large banks and financial services clients. This is the first funding announcement by Gujarat-based GVFL through its GVFL Startup Fund, the firm’s eighth fund with a target corpus of INR […]
09/05/2017

SaaS startup Anchanto raises money from Luxasia, TCI Funds

Pune-based ecommerce logistics and selling platform Anchanto has raised an undisclosed amount from Singapore-headquartered omnichannel retailer Luxasia Group and its existing investor, Transcosmos Japan (TCI). Anchanto, which provides enterprise SaaS products that empowers ecommerce logistics and online selling, will use the funds to reinforce its operation in India, Malaysia, Thailand, […]
08/05/2017

Ecommerce consultancy Ace Turtle receives Series-A funding

The venture capital arms of Singapore’s sovereign fund Temasek and Southeast Asia’s largest real estate developer CapitaLand have teamed up to invest more than $5 million in Bengaluru-based ecommerce consultancy Ace Turtle. Temasek’s Vertex Venture led the Series-A funding and CapitaLand’s C31Ventures is the co-investor in Ace Turtle, an omni-channel […]
08/05/2017

MyGreens raises INR 3-5 Crore in angel funding

Delhi-based cold pressed juice maker MyGreens has raised INR 3-5 crore in an angel round. MyGreens will use the capital raised to launch a new range of beverages in keeping with its vision to be a ‘clean label’ fast-moving consumer goods brand by early 2018.
08/05/2017

Tech-focused VC firm Iron Pillar makes first close of its maiden fund with INR 129 crore

Tech-focused venture capital firm, Iron Pillar, has made the first close of its maiden India fund at INR 129 crore, bringing on board two major anchor investors, Small Industries Development Bank of India (SIDBI) and diversified financial services player IIFL.
08/05/2017

Ratan Tata-backed NestAway buys home rental firm Zenify

Home rental startup NestAway has acquired rental management company Zenify in an all stock deal. The acquisition will help NestAway expand its services for families.
08/05/2017

Yepme raises $700K in bridge round, eyes $1.5 Million more

Fashion e-commerce firm Yepme, operated by VAS Data Services Pvt Ltd, has raised around $700,000 in bridge funding. The company raised the capital by issuing optionally convertible debentures to Kolkata-based Rainbow Digital Services Pvt. Ltd and Noida-based ILearnFinance Academy Pvt. Ltd.
05/05/2017

Fintech startup Balance raises INR 1.5 crore from Zerodha’s rainmatter fund

Fintech startup Balance has raised funding from discount broking firm Zerodha, which has invested through its Rainmatter fund. Balance is set to launch an app designed to help individuals make smart savings and invest in low-risk mutual funds.
05/05/2017

DriveU acquires driver services provider DriversKart

DriveU, an on-demand driver aggregator, has acquired Chennai-based DriversKart for an undisclosed amount. With this acquisition, DriveU continues to consolidate its position as India’s premier driver aggregator for both consumers and businesses.
05/05/2017

IndoStar’s CEO infuses INR 100 cr for 5% stake

R Sridhar, who recently joined Everstone-backed IndoStar Capital Finance, has infused around INR 100 crore into the company. The financial-services veteran has joined IndoStar as executive vice-chairman and chief executive officer, taking over from Vimal Bhandari, who had led the firm since 2011.
05/05/2017

CarTrade buys vehicle inspection co Adroit Inspection

MXC Solutions India Pvt Ltd – which operates online automobile classifieds platform CarTrade has acquired vehicle inspection and valuation venture Adroit Inspection in an all-cash deal.
05/05/2017

Rana Kapoor’s family offices plans to invest $150 Million in startups

The family office of YES Bank founder and chairman Rana Kapoor, which is run by his three daughters, plans to invest $150 million to incubate and fund new businesses. The family office named The Three Sisters is keen to invest in sectors including education, tourism, family entertainment centres, and agri-logistics.
05/05/2017

Hinduja Family backs sports & fitness startup UACTIV

The Hinduja family has picked up a stake in UACTIV, a social networking and discovery platform for sports and fitness enthusiasts, for an undisclosed amount. UVACTIV plans to spend a majority of the funding in strengthening its technology while the remaining would be spent on marketing and operational expenses.
05/05/2017

Quikr acquires home services startup Zimmber in $10 Million all-stock deal

Online classifieds company Quikr India Pvt Ltd has acquired home services start-up Zimmber (Rejuvenate Solutions Pvt Ltd) for about $10 million in an all-stock deal, in the attempt to strengthen its position in the segment. Mumbai-based Zimmber is Quikr’s fourth acquisition in the home services vertical in the last 12 […]
04/05/2017

Beenext-backed Healthians secures funding from Japan’s Asuka

Healthians, a diagnostics and wellness startup, has secured an undisclosed amount of funding from Japanese firm Asuka Holdings. Last October, Healthians received $3 million in Series A round led by Singapore-based Beenext in which Digital Garage, Beenos and some other undisclosed investors also participated.
04/05/2017

Natural food startup ONTHERUN gets funding

ONTHERUN, a natural food startup run by Stayfit Enterprize Pvt Ltd, has received an undisclosed amount of funding from actor and fitness icon Milind Soman. ONTHERUN energy bars are currently available in six variants – fig & sate, caffeine rush, prune & raisin, hazelnut magic, ginger crunch, oats and apricot.
04/05/2017

Brinton raises $4 million from Tata Capital

Brinton Pharmaceuticals, which provides healthcare products and services for various therapeutic segments, has raised $4 million from Tata Capital Healthcare Fund, as the firm looks to enter into newer areas such paediatrics and gynaecology and expand its international operations.
03/05/2017

Ola raises $104 Million more from Falcon Edge, Ratan Tata fund

Cab-hailing firm Ola, operated by ANI Technologies Pvt Ltd, has raised INR 670 crore in a fresh round of funding from Falcon Edge Capital and Ratan Tata’s RNT Capital Advisers. The latest funding round takes the total Ola has raised so far to $1.5 billion.
Top