13/06/2018

Axilor to make early-stage bets from new USD 30 million seed fund

Axilor Ventures, the early-stage investment firm and accelerator led by Infosys founders Kris Gopalakrishnan and SD Shibulal, has launched an INR 200 crore (around USD 30 million) seed fund
12/06/2018

Rannvijay Singh invests in What’s Up Life, becomes Brand Ambassador

Gurugram-based online lifestyle media platform What’s Up Life has raised undisclosed amount of funding from actor and television personality Rannvijay Singh Singha, who also joins as the Brand Ambassador.
12/06/2018

JD,com in talks to invest in Shadowfax’s USD 25 million funding round

Chinese e-commerce major JD,com is in talks to participate in Indian B2B logistics platform Shadowfax‘ Series C round of funding.
12/06/2018

Ascension Ventures partners Unicorn India to launch Indo-UK fund

London-based early stage venture capital firm Ascension Ventures has partnered with Unicorn India Ventures to launch a cross-border UK-India Enterprise Investment Scheme (EIS) Fund.
12/06/2018

Alpha Capital invests in supply chain finance startup CredAble

Mumbai-based supply chain financing startup CredAble has raised INR 100 crore in a Series A round of funding from Alpha Capital.
12/06/2018

Mumbai Angels Network backs diagnostics startup Theranosis

Specialised diagnostics startup Theranosis Life Sciences Pvt Ltd, which focuses on the oncology space, has raised an undisclosed amount from Mumbai Angels Network.
11/06/2018

Ratan Tata’s RNT to invest USD 150 million in Ant Financial Services

Ratan Tata-founded RNT Capital Advisors will invest about USD 150 million in the mega financing round of Ant Financial Services.
11/06/2018

Aye Finance bags USD 21.5 million funding from CapitalG, SAIF Partners, LGT

Aye Finance, a provider of loans to small businesses has raised around USD 21 million in its Series C round led by CapitalG, the venture capital fund owned by Alphabet Inc.
08/06/2018

IIM-Ahmedabad’s CIIE backs campus recruitment solution provider Reculta

IIM Ahmedabad’s incubator-cum-investor, Centre for Innovation Incubation and Entrepreneurship (CIIE), invested an undisclosed amount of seed capital in Noida-based placement solutions provider Reculta.
08/06/2018

Pfizer adds USD 600 million to VC arm; 25% to flow into early-stage neuroscience research

Pfizer Inc said on Wednesday it planned to invest USD 600 million in its venture capital fund, a quarter of which would be earmarked for promising research on neuroscience
07/06/2018

Fund of Funds to provide INR 1 lakh crore to startups

PM Narendra Modi Fund of Funds Startup India initiative has committed INR 1,285 crore towards startups since the launch of the INR 10,000-crore fund in January 2016.
07/06/2018

US firm Vora Ventures acquires Indian B2B online marketplace ShakeDeal

US private equity firm Vora Ventures has acquired ShakeDeal, a Bengaluru-based B2B bulk sourcing online marketplace for industrial goods, supplies, and raw materials.
07/06/2018

Indian microfinance lender Annapurna raises around USD 23 million from Oman fund

Annapurna Microfinance Pvt has raised INR 155 crore from Oman India Joint Investment Fund (OIJIF), a private equity fund backed by Oman’s sovereign wealth fund State General Reserve Fund and India’s largest lender State Bank of India.
07/06/2018

Sequoia leads Series B round in social commerce platform Meesho

Bangalore- and California-based Meesho, an online marketplace for resellers, has raised USD 11,500,000 in a Series B round of funding led by Sequoia Capital India,Y Combinator and Venture Highway.
07/06/2018

Property consultant JLL floats USD100 million fund for Asia-Pacific realty-tech startups

JLL Spark, a division of global property consultant Jones Lang LaSalle Inc, has launched JLL Spark Global Venture Fund to invest in tech-focused real estate companies in the Asia-Pacific region.
07/06/2018

Cisco, others invest in software startup Avi Networks’ Series D round

Avi Networks, which provides software for the delivery of enterprise applications in data centres and the cloud, has raised USD 60 million in a Series D round of funding led by Cisco Investments,DAG Ventures, Greylock Partners, Lightspeed Venture Partners and Menlo Ventures.
07/06/2018

Paytm founder, VC investor float USD 150 million environment fund

Paytm founder Vijay Shekhar Sharma and entrepreneur and venture capitalist Shailesh Vickram Singh have launched a USD 150-million environment protection fund to invest in startups, companies and individuals working on the agenda of pollution reduction aligned with the United Nations Sustainable Development Goals.
07/06/2018

Unicorn India Ventures invests in digital radio solutions startup Inntot Technologies

Kerala-based startup Inntot Technologies Pvt Ltd, which offers software solutions for digital radio receivers, has raised an undisclosed amount in a seed round from venture capital firm Unicorn India Ventures.
06/06/2018

Omidyar Network, Sunil Munjal in talks to invest in Metrobikes

Omidyar Network and Hero Group’s Sunil Munjal are in advanced talks to join the funding round of peer-to-peer motor vehicle rental startup Metrobikes.
06/06/2018

London’s founders factory backs Indian AI startup Orbo to help it scale across Europe

Mumbai-based Orbo, a computer vision, and AI imaging startup has received an undisclosed amount of funding from the London-based incubator and accelerator Founders Factory in a Seed round.
06/06/2018

Ascendas-Singbridge ropes in Temasek as investor for India logistics programme

Temasek and Ascendas-Singbridge Group have jointly committed INR 2,000 crore (around USD 300 million) to invest in logistics and industrial real estate in India.
06/06/2018

Unicorn India eyes first close for venture debt fund at nearly USD 30 million

Early-stage venture capital firm Unicorn India Ventures expects to hit the first close of its maiden venture debt fund at INR 200 crore by the end of July.
06/06/2018

Evalueserve ex-COO’s investment firm backs health-tech startup Navia

Health-tech startup Navia Life Care Pvt Ltd has raised a bridge round of USD 100,000 (INR 67 lakh) from existing investor Benori Ventures LLP, which is led by research major Evalueserve’s former chief operating officer Ashish Gupta
06/06/2018

NB Ventures backs home healthcare aggregator Zoctr

Zoctr, a startup that allows users to buy health-related services and home-based wellness packages online, has raised an undisclosed amount in a pre-Series A round of funding from Dubai-based NB Ventures Ltd
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