21/04/2022

Pantomath announces 1st close of pre-IPO fund, targets INR 500 crore

Pantomath Group announced the first closing of its pre-initial public offering (IPO) focused fund with a target of raising INR 500 crore including a green shoe option of INR 250 Cr. The ‘India Inflection Opportunity Fund’ is a category-II alternate investment fund that aims to invest in diverse pre-IPO opportunities […]
20/04/2022

Mokens League raises USD 2 Million in seed funding, launches its in-game token

NFT-based eSports platform Mokens League has raised USD 2 million from its seed funding round. The company will utilize the proceeds to finish the development cycle of the game as well as installing and maintaining game servers worldwide to provide a latency-free gaming experience.
20/04/2022

Flipkart Acquires D2C SaaS Startup ANS Commerce To Provide Tech Enablement To Brands & Sellers

Walmart-owned ecommerce marketplace Flipkart has acquired a direct-to-consumer (D2C) software-as-a-service (SaaS) startup ANS Commerce for an undisclosed amount.
20/04/2022

Agritech Startup Eeki Foods Raises USD 6.5 Million In Series A Funding

Agritech startup Eeki Foods has raised Series A funding of USD 6.5 Million led by General Catalyst (GC) with participation from Avaana Capital and Better Capital. A few other angel investors such as Irving Fain, CEO and founder of Bowery Farming; Subbu Palaniappan, director and head of Amazon Prime India; […]
20/04/2022

Bollywood Actress Anushka Sharma Invests In D2C Snack Brand Slurrp Farm

Children-focussed snack brand, Slurrp Farm has recently raised an undisclosed investment from Anushka Sharma. Anushka Sharma will join Slurrp Farm’s parent company, Wholsum Food as a brand ambassador.
20/04/2022

Nazara’s Subsidiary NODWIN Gaming Acquires 35% Stake In Gaming Accessories Brand Wings

Gaming and sports company Nazara Technologies has acquired a 35% stake, valued at INR 10.01 Cr, in gaming accessories brand Wings.
20/04/2022

BlackSoil writes USD 1.5 Million cheque to jobs platform WorkIndia

Eloquent Info Solutions Pvt Ltd has secured USD 1.5 million funding from venture debt firm BlackSoil. The Bengaluru-based startup plans to use the fresh proceeds to expand its product footprint across India and ramp up its fraud detection technology.
20/04/2022

IndiaMART invests more capital in Truckhall via convertible debentures

IndiaMART Intermesh Ltd, one of India’s largest business-to-business (B2B) marketplaces has invested another INR 7.5 crore in Truckhall in which the company already holds over 25% stake, through convertible debentures.
20/04/2022

Elevation Capital leads USD 10 Million Series B round in audio OTT firm Headfone

Headfone has raised USD 10 million in a Series B funding round led by early-stage venture capital firm Elevation Capital.
20/04/2022

Recur Technologies pockets USD 30 Million from InfoEdge, Incred, others

Recur Technologies PTE, a financing platform has raised USD 30 million in a mix of equity and debt led by InfoEdge Ventures and Village Global, with participation from Aditya Birla Finance Ltd and Incred Financial Services. The round also saw participation from Titan Capital, Kotak Investment’s MD S. Srinivasan, AZB […]
20/04/2022

Elevation Capital-backed insurtech platform Loop Health raises USD 25 Million

Healthcare and insurance technology platform, Loop Health has raised USD 25 million in its Series B funding round co-led by General Catalyst and Elevation Capital (formerly Saif Partners). The round also saw participation from leading Silicon Valley investors, Vinod Khosla and Khosla Ventures, along with a new investor, Optum Ventures.
20/04/2022

Y-Combinator-backed SaveIN raises USD 4 Million from Nordstar, Kube VC, others

Credit-focused fintech platform SaveIN has secured seed funding of USD 4 million from Y-Combinator, 10X Group, Leonis VC, Goodwater Capital, Nordstar, Rebel Fund, Pioneer Fund, Soma Capital and SCM Advisors. The round also saw participation from Oliver Jung, Grant Park Ventures, Leblon Capital, Almagro GmbH, MyAsiaVC, Kube VC, Spenmo Founder […]
20/04/2022

KuCoin-backed firms launch USD 100 Million fund for early-stage NFT projects

KuCoin Ventures and its NFT marketplace, Windvane, have launching a USD 100 million “creators fund”. The fund will support and incubate early-stage non-fungible token (NFT) projects, covering fields such as arts, sports, PFPs, Asian culture, celebrities, GameFi, etc.
19/04/2022

CoinDCX raises USD 135 Million in funding as valuation doubles to USD 2.15 Billion

Crypto trading exchange CoinDCX has raised USD 135.9 million from investors led by Pantera Capital and Steadview Capital, doubling its valuation to USD 2.15 billion in less than a year to become the most valued crypto trading platform in India.
19/04/2022

SpiceJet promoter Ajay Singh invests in healthcare startup Flebo

SpiceJet promoter Ajay Singh has invested in healthcare startup Flebo which provides sample collection services to medical diagnostic labs.
19/04/2022

Microsoft To Join B2B Unicorn Udaan’s USD 250 Million Debt Round

Microsoft Corporation has joined Bengaluru-based B2B ecommerce giant Udaan’s USD 250 Million debt funding round.
19/04/2022

Edtech Startup Financepeer To Raise USD 35 Million In Funding Led By QED Investors

Mumbai-based edtech startup Financepeer is raising around USD 35 Million in a Series B round of funding. The fresh round will be led by new investor QED Investors, in participation with Atlanta US and Avishkar Capital.
19/04/2022

Bollywood Actor Rakul Preet Backs D2C Startup Wellbeing Nutrition

D2C health and nutrition startup Wellbeing Nutrition has received an undisclosed amount of investment from Bollywood actor Rakul Preet Singh.
19/04/2022

EV Startup Prakriti Secures Funding From IEG As Part Of Its USD 5 Million Funding Round

Electric mobility startup Prakriti E-Mobility has secured an undisclosed amount of lead investment as part of its pre-Series A funding round, led by IEG Investment Banking Group.
19/04/2022

EV Startup Euler Motors Raises USD 5 Million From Moglix

New Delhi-based EV manufacturing startup Euler Motors has raised about USD 5 Million as a part of the Series B funding round from Moglix. It plans to close the current Series B funding round at around USD 60 Million.
19/04/2022

Agritech Startup DeHaat Acquires 75% Stake In Processed Food Startup YCook

Agritech startup DeHaat is acquiring a majority stake in Bengaluru-based ready-to-cook processed food startup YCook. DeHaat is infusing USD 3.1 Million in YCook to acquire 75.5% stake on a fully diluted basis in YCook.
19/04/2022

Fractional ownership platform Myre Capital set to launch INR 500 Cr AIF

Neo-realty investments platform Myre Capital will launch a real estate alternative investment fund (AIF) worth INR 500 crore as it has been witnessing a surging demand in commercial real estate investment from HNIs, family offices, institutional and retail investors.
19/04/2022

Chiratae Ventures, Endiya Partners back deeptech firm Expertia AI

Expertia AI Technologies which runs deeptech virtual recruitment platform Expertia AI, has secured seed funding of USD 1.2 million co-led by Chiratae Ventures and Endiya Partners. The round also saw participation from UK-based talent investor Entrepreneur First and angel investor Archana Priyadarshini.
19/04/2022

Swiggy, Zomato, others invest USD 24 Million in Sequoia-backed UrbanPiper

UrbanPiper Technologies Pvt Ltd, a restaurant management platform, has racked up USD 24 million as a part of its Series B funding co-led by existing investors Sequoia Capital India and Tiger Global. The round also saw participation from Swiggy and Zomato, with angel investors including Pankaj Chaddah (Shyft), Ankit Nagori […]
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