23/09/2022

Early Stage VC Leo Capital Marks First Close Of Third Fund

Singapore-based early stage VC firm Leo Capital has marked the first close of its third fund. The fund was announced in November 2021 and has been targeting a total corpus of USD 125 Million.
23/09/2022

Savart Raises USD 1.5 Million In Pre-Series A Funding

Hyderabad-based wealthtech firm Savart has raised USD 1.5 Million in a pre-Series A funding round led by 9Unicorns and Venture Catalysts’ Angel Fund. The round also saw participation from existing investor Beenext Asia Fund and a host of angel investors.
23/09/2022

Univest raises pre-Seed round from a clutch of angels

Fintech platform Univest has raised INR 3.8 Cr in a pre-seed funding round from a clutch of angel investors. The firm will use the fresh money for product launches and team building. The company offers a unique investment ecosystem enabling influencers and investors to discover stocks, research, trade, share information […]
23/09/2022

Aye Finance Raises Debt Funding Of INR 65 Cr

Fintech firm Aye Finance has secured INR 65 Cr in a debt funding from Geneva-based market access platform Symbiotics Investments. The firm plans to use the fresh funds to scale its credit portfolio bringing a larger population of the underserved population of micro enterprises into the folds of organized lending
23/09/2022

Deep Rooted Raises Series A Funding To expand Its Footprints Across Southern Pockets & Boost Technology Stack

Deep Rooted, a farm-to-consumer (F2C) brand for fruits and vegetables has raised USD 12.5 Million as a part of its Series A funding round led by IvyCap Ventures with participation from existing investors including Accel, Omnivore and Mayfield.
22/09/2022

MapmyIndia Acquires 26% Stake In Traveltech Startup KOGO

Listed geotech startup MapmyIndia has invested INR 10 Cr to acquire a 26.37% stake in gamified social travel commerce platform KOGO, with an option to raise the stake to 50% in two years. With this investment, MapmyIndia will also give KOGO access to its Mappls technology suite, which was recently […]
22/09/2022

Info Edge Invests INR 80 Cr in Test-Prep Startup Adda247, Increases Stake To 23.01%

Noida-based internet giant Info Edge announced an investment of INR 80 Cr in vernacular test-prep startup Adda247. Post this investment, Info Edge will own 23.01% stake in Adda247 on a fully converted and dilut
22/09/2022

Farmers Fresh Zone Buys Milk Delivery Chain AM Needs

Omnichannel farm produce startup Farmers Fresh Zone has acquired Kerala-based milk delivery chain AM Needs for an undisclosed amount. With this acquisition, Farmers Fresh Zone claims to have forayed into the country milk and value-added products vertical.
22/09/2022

Math-Learning Platform Bhanzu Bags USD 15 Million In Series A

Hyderabad-based Math-learning platform Bhanzu has raised USD 15 Million in Series A round, led by venture capital firm Eight Roads Ventures. B Capital and existing investor Lightspeed also participated in the round.
22/09/2022

IGP, Interflora Parent Raises USD 23.5 Million In Series B Round

Join Ventures which runs gifting platform IGP.com, Interflora India has raised USD 23.5 Million in a Series B round, led by MO Alternate Investment Advisors Private Limited (Mo Alts). The round also saw participation by Convivialité Ventures, Pernod Ricard’s VC arm and existing investors DSG Consumer Partners, Venture Catalysts, ZNL […]
22/09/2022

Fable Street Raises Rs 50 Cr From Fireside Ventures, Others

D2C company Fable Street Lifestyle Solutions has raised a Pre-Series B round of INR 50 Cr led by its existing investor, Fireside Ventures. Startup founders Ghazal Alagh, co-founder of MamaEarth, Mehul Agarwal & Vikram Chopra, co-founders of Cars24; Malika Sadani, founder of The Moms Co., and Ruchi Kalra, co-founder of […]
21/09/2022

EV Startup Esmito Raises Seed Funding To Strengthen Battery Swapping Infra

EV startup Esmito has raised USD 1.2 Million in its seed funding round led by Unicorn India Ventures. Esmito plans to use the capital to strengthen its battery swapping solutions and expand the technology team
21/09/2022

Murf AI Secures USD 10 Million To Offer Synthetic Human Voice Over Solutions

Artificial intelligence startup Murf AI has raised USD 10 Million in its Series A funding round led by Matrix Partners India. Existing investor Elevation Capital and angel investors– Ajay Arora from Disney Streaming and founders of Ola, Mad Street Den, Drip Capital and Vymo also participated in the round.
21/09/2022

Vernacular Audio Platform Kuku FM Bags USD 21.8 Million In Round Led By Fundamentum

Vernacular audio platform Kuku FM has raised USD 21.8 Million in its Series B1 funding round led by Fundamentum Partnership. The round also saw participation from Paramark Ventures and Kuku FM’s existing investors KRAFTON, 3one4 Capital, Vertex, among others.
21/09/2022

AI-Backed Recruitment Firm TurboHire Pockets Pre-Series A Funding

Hyderabad-based AI recruitment startup TurboHire has secured USD 2 Million as a part of its pre-Series A funding round co-led by Pentathlon Venture Capital and The Chennai Angels. The round also saw participation from Telangana Fund, Purvansh Holdings, as well as Mumbai and Hyderabad Angels, with Samir Khosla and Francisco […]
21/09/2022

Alyf Raises Seed Funding From 9Unicorn, Venture Catalysts

Holiday home fractional ownership platform Alyf has raised $1.5 million (Rs 11.25 crore) in seed round led by 9Unicorns and Venture Catalysts. Startup founders including Saurabh Garg, Amit Agarwal, Akhil Gupta of NoBroker.com, Kunal Shah of Cred, Arjun Vaidya of Dr. Vaidya’s, Dr. Ritesh Malik of Innov8, Pravin Agarwal of […]
21/09/2022

Outscal Closes Seed Round With Funding From Kalaari

Delhi-based edtech company Outscal has closed its seed funding round with USD 1.5 Million funding from venture capital firm Kalaari Capital. Founded by Mayank Grover, Outscal is building a community-first, ed-tech platform to upscale talent in the gaming industry. It helps candidates excel in their game development, and Web 3 […]
20/09/2022

TrueFoundry Raises Funding From Sequoia India, Others To Help Enterprises Deploy ML

Machine learning (ML) developer platform TrueFoundry has raised USD 2.3 Million in its seed funding round led by Sequoia India and Southeast Asia’s Surge. The round also saw participation from Eniac Ventures and angel investors such as AngelList cofounder Naval Ravikant.
20/09/2022

Zopper Pockets USD 75 Million In Series C Round

Noida-based digital insurance solutions provider Zopper has secured a Series C funding of USD 75 Million led by private equity fund Creaegis Principals LLP. ICICI Venture, Bessemer Venture Partners, and Blume Ventures also participated in the round.
20/09/2022

Smart parking start-up ParkMate raises seed funding from We Founder Circle

Smart parking solutions platform ParkMate has secured an undisclosed amount of funding led by We Founder Circle. The startup plans to deploy the fresh proceeds for team expansion and technology development.
20/09/2022

MoneyPlanned raises INR 2.5 Cr in seed funding led by Inflection Point Ventures

Fintech startup MoneyPlanned has raised over INR 2.5 Cr in a seed funding round led by Inflection Point Ventures. The round also saw participation from Expert Dojo, Joseph R Saviano (Partner at Dot Capital), Sameer Khan along with other strategic angel investors.
20/09/2022

AI-Backed Recruitment Firm TurboHire Pockets Pre-Series A Funding

Hyderabad-based AI recruitment startup TurboHire has secured USD 2 Million as a part of its pre-Series A funding round co-led by Pentathlon Venture Capital and The Chennai Angels and also saw participation from Telangana Fund, Purvansh Holdings, as well as Mumbai and Hyderabad Angels, with Samir Khosla and Francisco Arcilla […]
19/09/2022

StartupXseed Closes USD 30Million+ Worth Fund II To Back Deeptech Startups

StartupXseed Ventures has closed its second fund (Fund II) after raising INR 243 Cr. The second has been oversubscribed by 20% as compared to its initial target. Fund II will invest between INR 5 Cr and INR 12 Cr in 8-10 enterprise SaaS and deeptech startups in the next 12 […]
19/09/2022

Cred To Acquire A Minority Stake In LiquiLoans

Dreamplug Technologies Pvt. Limited, which operates fintech unicorn Cred is looking to pick up a minority stake in its Mumbai-based lending partner LiquiLoans with an investment of up to USD 10 Million. Last year, Cred had entered into ties with LiquiLoans, operated by Trillionloans Fintech Pvt. Limited, to roll out […]
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