14/04/2022

Upsparks, Superb Capital back fintech firm Leaf Round

Alternative investment platform Leaf Round has raised USD 300 K in pre-seed funding from micro venture capital firm Upsparks and Superb Capital. Other investors who took part in the round include senior business leaders from McKinsey & Company, Bain & Company, Barclays, and Adobe
14/04/2022

SoftBank Vision Fund leads USD 125 Million round in Nexus Venture-backed Observe.ai

Observe.ai, AI-powered speech analytics, and quality management platform have raised USD 125 Million in a Series C funding led by SoftBank Vision Fund 2. The round also saw participation from Zoom and existing investors Menlo Ventures, Scale Venture Partners, and Nexus Venture Partners.
14/04/2022

Travel SaaS firm ITILITE snags USD 29 Million from Tiger Global, Tenacity Ventures, others

Travel management startup ITILITE Technologies has secured Series C funding of USD 29 Million led by Tiger Global and Dharana Capital with participation from existing investors Matrix Partners India and Tenacity Ventures.
13/04/2022

B2B Healthtech Startup Medikabazaar Bags USD 65 Million

Mumbai-based Medikabazaar, an online aggregator for medical equipment and supplies has raised USD 65 Million in a funding round led by Lighthouse India Fund and also saw participation from existing investors such as Creaegis, Health Quad, Ackermans & van Haaren, British International Investment and KOIS Holdings. With this funding round, […]
13/04/2022

TV Actor & Cricket Presenter Gaurav Kapur Invests In D2C Startup Flatheads

Direct-to-customer (D2C) online casual sneakers brand Flatheads has received an undisclosed amount of funding from TV actor and cricket presenter Gaurav Kapur. Kapur also joined as its brand ambassador. The brand is planning to launch back-to-back digital campaign with the help of this partnership
13/04/2022

In Its First investment Post Listing, Fino Picks Up 12.19% Stake In Fintech Startup Paysprint

Fino Payments Bank announced that its board had approved a strategic investment in fintech startup, Paysprint. As part of the deal, the payments bank will acquire a 12.19% stake in Paysprint for an undisclosed amount. The acquisition will be executed by way of subscription of shares.
13/04/2022

Deeptech Startup Spyne Secures USD 7 Milliom Funding Led By Accel To Fuel Global Expansion

Delhi NCR-based deeptech startup Spyne which helps businesses create high quality product images and videos using AI has raised USD 7 Million in its latest funding round. The round was led by Accel with participation from oStorm Ventures, Smile Group, Pentathlon Ventures, Core91, and prominent founders/CXOs
13/04/2022

Edtech Startup Newton School Bags USD 24.7 Million From Steadview, Nexus

EdTech Startup Newton School has closed around USD 24.7 Million fresh round of funding led by its new investor – Steadview Capital. RTP Global, SAMA Trust, and Nexus Partners also participated in the round.
13/04/2022

Last9 Raises USD 11 Million Series A Round Led By Sequoia Capital India

Software reliability platform Last9 has raised USD 11 Million in a Series A funding round led by Sequoia Capital India, with participation from co-investor Better Capital and angel investors. Recent fundraise paves its way to continue investing heavily in engineering and product with a focus on reducing alert fatigue for […]
13/04/2022

Glip Raises USD 3 Million Funding To Help Gamers Build And Monetise Games

Bengaluru-based gaming startup Glip, a creator tool suite for gamers to create and monetise games, has raised USD 3 Million in its Pre-Series A round led by Prime Venture Partners and also saw participation from existing investors Better Capital and iSeed. Angel investors include Paavan Nanda (WinZO), Nilay Arora (Tencent), […]
13/04/2022

Leo Capital, iSeed Ventures, others bet USD 3.5 Million on fintech firm EximPe

B2B fintech firm EximPe has secured seed funding of USD 3.5 million led by Leo Capital and also saw participation from RB investments, Founder Bank Capital, iSeed Ventures, 2am VC and LetsVenture. The round also saw participation from angel investors including Kunal Shah, Rajesh Raju, Ankit Nagori among others
13/04/2022

Stellaris Venture leads USD 4.2 Million seed round in AI chatbot firm LimeChat

Wavicle Technologies Pvt Ltd, which owns and operates artificial intelligence-based chatbot startup LimeChat has raised USD 4.2 Million in seed funding led by Stellaris Venture Partners. The round also saw participation from Pi Ventures, Titan Capital, and a few angel investors
13/04/2022

Arkam Ventures hits final close of first fund at USD 106 Million, exceeds target corpus

Arkam Ventures, a venture capital firm floated by former executives at Helion Venture Partners and Kalaari Capital has marked the final close of its first fund at USD 106 Million.The fund was oversubcribed against its original target of INR 650 Cr
13/04/2022

LenDenClub set to launch VC fund, eyes to back up to 25 startups

LenDenClub, a peer-to-peer (P2P) lending platform will be launching a venture fund to back fintech startups in seed and pre-Series A stage. The company will allocate up to USD 2-3 Million with an aim to back around 20-25 startups
12/04/2022

Home Interiors Ecommerce Marketplace YOUKRAFT Secures USD 10 Million Funding For Pan India Expansion

Home interiors and construction ecommerce marketplace YOUKRAFT has secured USD 10 Million in seed funding from the Goel Family Office including Manav Goel.
12/04/2022

MyShubhLife Raises USD 13.18 Million In Series B Funding From Gojo To Grow Its NBFC Book

Bengaluru-based lending tech startup MyShubhLife has raised USD 13.18 Million from Gojo & Company, a global investment holding company, to grow its Non-Banking Financial Company (NBFC) book.
12/04/2022

Blume Ventures-backed Medfin snags USD 15 Million from Arka Nxt, Axilor, others

Day-care surgeries focused Medfin has secured Series B funding of USD 15 million from Arka Nxt, Singapore-based HealthXCapital, Blume Ventures, Axilor Ventures, Sony and Kotak Investments.
12/04/2022

Alpha Wave Ventures invests USD 100 Million in Lenskart

Eyewear brand Lenskart has secured USD 100 million in a new round from Alpha Wave Ventures.
12/04/2022

Phablecare raises INR 187 Cr from Kalaari Capital, Aflac, others

Chronic disease management platform Phablecare has raised INR 187 crore in a fresh round led by Kalaari Capital. New investors Aflac Ventures, Digital Horizon and Stride Ventures participated in the round, the Press Trust of India reported citing a company statement.
11/04/2022

Ronnie Screwvala-Led upGrad Completes Acquisition Of Higher Education Startup Talentedge

Edtech unicorn upGrad has completed the acquisition of higher education startup Talentedge. Talentedge will continue to operate under the upGrad umbrella carrying its own name
11/04/2022

Walton Street BlackSoil fund invests INR 75 Cr in Shapoorji Pallonji’s JV

Walton Street BlackSoil Real Estate Debt Fund II (WSBREDF II) will invest INR 75 crore in Vakratunda Buildcon Pvt Ltd (VBPL), a joint venture (JV) between Shapoorji Pallonji Group and Vakratunda Group.
11/04/2022

Elevation Capital raises USD 670 Million for fifth India-focussed fund

Venture capital and growth-equity investment firm Elevation Capital has raised USD 670 million for its fifth India-focussed vehicle. The new vehicle just like its predecessors would continue to focus on the Seed and Series A stage.
11/04/2022

Sequoia’s Surge, Nexus Venture, others back one-year-old video platform Dyte

Live video and audio calling platform Dyte announced USD 11.6 million capital raise from Unbound, Sequoia Capital India’s Surge and Nexus Venture Partners in a seed round.
08/04/2022

Foodtech Unicorn Rebel Foods Acquires Majority Stake In Chocolate Brand SMOOR

Foodtech unicorn Rebel Foods has acquired a majority stake in luxury chocolate brand SMOOR to further consolidate its position as the Thrasio of food. The amount of acquisition was not disclosed by either of the companies but Rebel Foods has acquired more than 50% stake in Bengaluru-based chocolate brand SMOOR
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