15/06/2018

Angel investor backs digital media startup Pixr8

Pixr8 Media LLP, which runs business news portal Pixr8 News, raised INR 25 lakh (USD 37,000) in seed funding from an unnamed angel investor.
14/06/2018

Bharat Forge invests USD13.3 million to develop EV solutions

Auto components major Bharat Forge Ltd has done the strategic investment of USD 13 Mn in UK-based electric powertrain solutions provider Tevva Motors.
14/06/2018

China’s Fosun International to now back early stage Startups in India

Shanghai-based, Chinese investment company Fosun International is planning to back the early stage startups in the country.
14/06/2018

WeWork is raising funds at USD 35 billion value according to Softbank

WeWork Cos is seeking to raise funds at a USD 35 billion valuation that would place the co-working startup above companies like Airbnb and SpaceX.
14/06/2018

Truecaller buys Indian mobile payments startup Chillr

Stockholm-based Truecaller, owned by True Software Scandinavia AB acquired Mumbai-based mobile payments start-up Chillr (Backwater Technologies Pvt Ltd) for an undisclosed amount.
13/06/2018

Paytm Mall bags the last tranche of USD 445 million funding from SoftBank, Alibaba

After receiving the commitment of USD 445 million from SoftBank and Alibaba, Paytm Mall has received the final tranche of USDS 225 million from both its investors.
13/06/2018

Micro delivery startup DailyNinja raises USD 3 million funding from Saama, Sequoia Capital

Bengaluru-based hyperlocal subscription-based delivery startup DailyNinja has raised USD 3 million from Saama Capital and existing investor Sequoia Capital
13/06/2018

Mutual funds investment platform Nivesh gets USD 444,000 seed funding

Nivesh,com, a Noida-based mass market mutual funds investment platform, has secured seed funding of INR 3 crore through a clutch of investors including Google India MD Rajan Anandan and ex-Infosys global sales head Basab Pradhan
13/06/2018

NirogStreet bags USD 300,000 seed funding from Spiral Ventures, others

NirogStreet, a healthcare startup that is creating a community of Ayurveda doctors, has raised USD 300,000 as seed funding from early-stage Japanese venture fund Spiral Ventures, Internet and Mobile Association of India president Subho Ray and Samir Kumar, director of derivatives at Deutsche Bank in Singapore
13/06/2018

FabIndia founder backs Wow! Momo

William Bissell, managing director of ethnic products brand Fabindia, has invested INR 3-4 crore in in Kolkata based quick-service restaurant chain Wow! Momo
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.
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