03/11/2016

AI startup Corseco raises INR 1 Crore from Metropolis Healthcare’s Ameera Shah, iProspect CEO

New Delhi-based Corseco Technologies Pvt Ltd, the company which runs and operates Corseco, which provides AI-based Software as a Service (SaaS) solutions to other businesses has raised $150,000 (Rs 1 Crore) in funding from Ameera Shah, managing director and CEO, Metropolis Healthcare Limited, and Vivek Bhargava, CEO, iProspect India for […]
03/11/2016

Healthcare comparison platform LetsMD raises funding from CAN, LetsVenture, others

A clutch of investors including Calcutta Angels Network, LetsVenture, Anupam Mittal and Currae Healthtech Fund have picked up close to 25% stake in Delhi-based LetsMD for an undisclosed amount. Founded in December 2015, LetsMD addresses the discovery, transparency and affordability problem in healthcare through a marketplace-based approach.
03/11/2016

Online insurance player EasyPolicy raises INR 67 Crore from Screwvala, Burmans

Unilazer Ventures, the private investment firm set up by Ronnie Screwvala, and the Burman family office, created by the promoters of domestic FMCG giant Dabur, are infusing fresh capital in their portfolio company, online insurance player EasyPolicy. The funding will be utilized to establish and strengthen distribution system across the […]
03/11/2016

SaaS startup Zarget raises $ 6 Million from Sequoia,others

Zarget, a startup that provides various web optimization solutions as software as a service (SaaS) to enterprises, has raised $6 million (about INR 40 crore) in a round of funding led by venture capital firm Sequoia India. The funding will be utilized to scale marketing automation products and help small […]
02/11/2016

Property brokers network BroEx acquires realty tech startup REXPROP

BroEx, a mobile-based property brokers network, has acquired real estate technology startup REXPROP for an undisclosed amount to expand business and provide better products to its clients. Gurgaon-based REXPROP or ‘Real Estate Property Exchange’ is a startup which offers solutions such as inventory distribution, broker to broker listings and CRM […]
02/11/2016

Laundry services startup PickMyLaundry raises $200K in pre-Series A funding

Mobile-based laundry services startup PickMyLaundry has raised $200,000  in the first tranche of its pre-Series A funding round led by angel investor Kedar Lele. Existing investor GHV Accelerator also participated in this round by investing $100,000. The funding will be utilized to expand services in the entire NCR (National Capital […]
02/11/2016

Freshdesk raises $55 Million in series F from Sequoia Capital India, Accel Partners

Enterprise software maker Freshdesk has raised $55 million in a new round of funding led by Sequoia Capital India, along with existing investor, Accel Partners. Founded in October 2010, Freshdesk is one of the first software-as-a-service (SaaS) companies from India to take on the global market. Its helpdesk software can […]
01/11/2016

Business intelligence and data science company Impact Analytics raises $750K from Aarin Capital & others

Business intelligence and data science company Impact Analytics has raised $750,000 led by early-stage venture capital firm Aarin Capital, which was founded by TV Mohandas Pai and Dr Ranjan Pai. The company provides analytics solutions across sectors including retail, financial services, education, pharma and others.
31/10/2016

Advanced Enzyme Technologies buys 70% stake in JC Biotech for $7.5 Million

Advanced Enzyme Technologies Ltd, India’s leading enzyme maker, has entered into definitive agreements to acquire a 70% stake in Hyderabad-based JC Biotech Pvt Ltd for INR 50 crore. The acquisition will significantly boost market share of Advanced Enzyme Tech in the enzymes space and enable it to enter the biopharmaceutical […]
31/10/2016

Entertainment tech platform TalentNext raises $1 Million in seed funding

Entertainment tech platform TalentNext, which connects actors, screenwriters, choreographers and 43 other related categories to recruiters, has raised a seed round of $1 million in a round led by Karanpal Singh, managing director at KJS Cement and other angel investors. The platform claims to receive over 250 signups through Facebook […]
28/10/2016

Everstone-backed FACES Cosmetics seeks $15 Million for India expansion planss

Canada-based branded cosmetics and skincare products firm FACES Cosmetics Ltd, backed by the India-focused investor Everstone Capital Partners LLR, is looking to raise as much as INR 60-100 crore. The funding will be utilized to accelerate presence in India. Over the next one year, the colour cosmetic firm expects to […]
28/10/2016

Cloud tech firm Sanovi Technologies gets acquired by IBM

American technology firm IBM has acquired Bengaluru-based Sanovi Technologies for an undisclosed sum to bolster its cloud offerings. Sanovi provides hybrid cloud recovery, cloud migration and business continuity software for enterprise data centres and cloud infrastructure.
28/10/2016

India Quotient to raise $60 Million as part of third fund in 2017

Early stage fund India Quotient as a part of its third fund, plans to raise $60 million by January/February 2017. The firm aims to spend 30% of the funds on fintech players within lending, insurance and investment sectors. The remaining portion of the funds will be spent on gaming, media, […]
27/10/2016

Renewable energy solutions provider Ezon Energy raises funding

Renewable energy solutions provider Ezon Energy has raised INR 140 crore from Japanese investor Natori Nohisa to set up 140 MW of solar power projects in Karnataka and Kerala. The funding has been structured on equity and project basis, thus avoiding stake dilution in Ezon Energy.
27/10/2016

Agritech startup FR8 raises INR 6.5 Crore from Omnivore Partners

Agritech-focused Omnivore Partners is investing in Chennai-based FR8, a tech startup which develops solutions for the long-haul trucking segment. The funding will be utilized for expansion, technology and talent.
27/10/2016

Content platform Healofy secures benefits worth $40K through FbStart programme

Healofy, a peer-to-peer content platform of moms and moms-to-be, has been selected for Facebook’s FbStart programme and will get upto $40,000 credits and free tools and services from Facebook and its more than 30 partners including Amazon, UserTesting, Dropbox, and MailChimp. Founded in October, Bangalore-based Healofy attracts women around health […]
27/10/2016

Relocation service provider Pikkol raises funding from angel investors

Bengaluru-based relocation service provider Pikkol has received seed funding from a group of angel investors, including Ajay Nanavati, former chairman of 3M India, the Indian arm of US multinational conglomerate 3M Co and Afsal Salu, co-founder of hyperlocal delivery company Delyver. Pikkol, run by Rednile Innovations Pvt Ltd, operates as […]
27/10/2016

Health-tech startup Idea Bubbles raises funding from Eureka Forbes, others

Bengaluru-based health-tech startup Idea Bubbles Consulting Services Pvt Ltd has raised $700K from early stage funding platform 1Crowd, health and hygiene firm Eureka Forbes Ltd, along with its parent Shapoorji Pallonji & Co Pvt Ltd.  Founded in 2014 the startuo has developed ‘Eureka Forbes Good Health’ (EFGH) platform that enables […]
26/10/2016

Products and deals discovery app Scandid acquires local ecommerce platform Snabar

Pune-based mobile-first savings discovery platform Scandid has acquired hyperlocal startup Snabar for an undisclosed deal amount. The acquisition is strategic as Scandid is on the lookout for talent and technology to continue to build a user-friendly shopping and savings assistant platform.
26/10/2016

Yellow Tie to invest $20 Million in chef Harpal Sokhi’s restaurant ventures

Yellow Tie Hospitality Management LLP, a food and beverages franchise management firm, plans to invest up to $15-20 million in five restaurant ventures of Indian celebrity chef Harpal Singh Sokhi’s chain Funjabi Tadka. The funding will be utilized to relaunch some of the existing chains such as Twist of Tadka, […]
26/10/2016

IT Giant L&T Infotech acquires analytics startup AugmentIQ

Global IT services and solutions provider L&T Infotech (LTI) is all set to acquire Pune-based AugmentIQ Data Sciences Pvt Ltd, a startup offering IP-based, big data and analytics solutions that help enterprises derive business benefits from big data.With the acquisition, LTI will gain access to MAXIQ, the big data platform […]
26/10/2016

Social media marketing startup OrangeTwig raises funding from Silicon Valley investor

San Francisco and Delhi based social media marketing startup OrangeTwig has raised a seed round of $1 Million from an undisclosed Silicon Valley investor. An additional $75K has been added from a close friend. The funding will be utilized to hire talent and ramp up marketing and sales operations.
26/10/2016

The Kettlery raises $1 Million from Abhinav Bindra’s venture fund company

Ahmedabad-based The Kettlery, a speciality tea startup raised $1 million from Abhinav Bindra’s Shooting Starts Sports LLP & Franchise India Brands. The funding will be utilized to set up 100 tea boutique outlets in next five year.
26/10/2016

Android utility app SooperMo raises funding from Dubai based investor

Android utility app suite SooperMo, operated by Gurgaon-based SooperMo Appstudio Pte Ltd, has raised $100,000 (Rs 67 lakh) in seed funding from Dubai-based entrepreneur Lalit Vase.  The funding will be utilized to launch the beta version of the utility apps in Middle East, Southeast Asia and Africa.
Top