07/03/2022

Captain Fresh raises USD 50 Million from Prosus, others at USD 500 Million valuation

Business-to-business (B2B) seafood marketplace platform Captain Fresh,has raised USD 50 million as a part of its Series C funding round led by existing investors Prosus Ventures, and Tiger Global Management. Existing investors including Accel India, Matrix Partners India, Ankur Capital, and Incubate Fund participated in the funding round, which valued […]
04/03/2022

Lightspeed-backed Pocket FM snags USD 65 Million from Goodwater Capital, Tanglin Venture, Naver

Gurugram-based Pocket FM, which runs an eponymous audioshows platform, has secured Series C funding of INR 491 crore led by the US-based venture capital fund Goodwater Capital and South Korean internet conglomerate Naver Corporation. The round also saw participation from the company’s existing investor Tanglin Venture Partners.
04/03/2022

Anthos Capital leads USD 23 Million bet on Better Capital-backed Filo

Edtech startup Filo, has racked up Series A funding of USD 23 Million led by Anthos Capital. The round also saw participation from existing investor Better Capital, with GSV, Sapling Capital, Gokul Rajaram, Rob Frohwein, Mate Pencz and Florian Hagenbuch (Founders, Loft) and Ross Lipson (Co-Founder, Dutchie).
04/03/2022

Sequoia-backed Scaler buys bootstrapped edtech firm AppliedRoots

Sequoia Capital India-backed upskilling startup Scaler Academy on Thursday said it has acquired online learning platform AppliedRoots for USD 50 million.
04/03/2022

Investor Madhusudan Kela’s family office launches INR 600 cr fund

Singularity AMC, backed by investor and former Reliance Capital executive Madhusudan Kela, has set up Singularity Growth Opportunities Fund-1 (SGOF-I) to provide growth capital to technology-driven companies.
04/03/2022

IndiaMART invests in SaaS platform Zimyo

Zimyo Consulting Pvt Ltd, has raised around INR 17 crore from business-to-business (B2B) marketplace IndiaMART Intermesh Ltd.
03/03/2022

Fintech Startup Pocketly Bags Funding For Its Credit And BNPL Offerings

Pocketly, has raised USD 3 Million in a Pre-Series A funding round. According to the lending platform, the raised fund is a mix of debt and equity, with USD 2 Million in debt and USD 1 Million in equity.
03/03/2022

Edtech Startup ENGG Online Raises Funding To Build Immersive Learning Solutions For Engineering Students

Augmented reality-based edtech startup, ENGG Online, has raised USD 3.5 Million in a Pre-Series A round led by ace angel investors including Madhu Kela, PS Jayakumar, and Aamara Capital’s Kishor Shah.
03/03/2022

Kotak Securities acqui-hires social trading platform TradeGyani

Kotak Securities Limited (KSL), has acqui-hired virtual trading and thematic investment platform TradeGyani.
03/03/2022

Inside Accel India’s USD 650 Million seventh venture capital fund

Accel India, has raised USD 650 Million in commitments for its seventh fund to invest in new opportunities like emerging tech across India and Southeast Asia.
03/03/2022

VC-backed shared cooking platform Kitchens@ merges with Kitchens Centre

Trifecta Capital-funded shared cooking platform Kitchens@ on Wednesday merged with cloud kitchen firm Kitchens Centre, making it the biggest player with 1,000 kitchens in over 20 cities.
02/03/2022

Mahindra Logistics Acquires Last-Mile Delivery Startup Whizzard For INR 72 Crores

Anand Mahindra-led Mahindra Logistics Limited (MLL) has acquired a 60% stake in a Telangana-based logistics service startup Whizzard for INR 72 Crores. The deal will help MLL, a listed company to further strengthen its presence in the logistics space
02/03/2022

Infinite Analytics raises funding from a syndicate led by ex Coca-Cola executives

Infinite Analytics raises an undisclosed amount for its AI platform, Sherlock from a syndicate of investors that include marketing execs from Coca-Cola (one of its clients), John Hancock Investments, and others
02/03/2022

Y Combinator-backed Volopay raises USD 29 Million to kickstart India operations

YCombinator backed Volopay which is a corporate cards and payable management has raised USD 29 Million in a mix of equity and debt funding led by Winklevoss brothers for the same. Based in Singapore, Volopay will launch India operations by April this year
02/03/2022

IIFL Wealth’s asset arm picks up minority stake in OmniActive

IIFL Asset Management has acquired a minority stake for an undisclosed sum in TA Associates-backed OmniActive Health Technologies. The investment has been made through IIFL AMC’s special opportunities fund series
02/03/2022

Adani Media Ventures to acquire minority stake in Quintillion Business Media

Digital media group Quint Digital Media has entered into a binding term sheet with the Adani Group which will acquire a minority stake in Quintillion Business Media which is an indirect subsidiary of Quint Digital
02/03/2022

Mindtree founders-backed VC firm marks final close of debut fund at INR 320 Crores

Mela Ventures has marked the final close of its maiden fund to raise USD 42 Million exceeding its target. The fund seeks to invest in startups in B2B focused software as a service or SaaS companies that have proven their product-market fit and have a revenue of USD 250,000 or […]
02/03/2022

West Bridge Capital bets on 8-month old edu fintech firm Kuhoo

Kuhoo Technology Services, which runs edu fintech platform Kuhoo has racked up seed capital of INR 150 Crores from West Bridge Capital. The raised capital will be used to augment technology, data science capacity, and creating product and distribution innovations
02/03/2022

Infibeam Avenues buys contactless tech startup, Season Two Ventures marks exit

Infibeam Avenues which is the parent of payment gateway CCAvenue has acquired contactless technology startup Uvik Technologies for INR 75 Crores in a cash-and-stock deal.As a part of the transaction venture capital firm Season Two Ventures has exited Uvik Technologies
02/03/2022

Prozo Distribution raises USD 10 Million led by Sixth Sense Ventures

Supply chain, warehousing and logistics-focused startup Prozo has raised USD 10 Million led by Sixth Sense Ventures with participation from Jafco Asia and high net worth individuals (HNIs).
01/03/2022

Ecommerce Rollup Startup UpScalio Acquires Stake In Four Consumers Brands

Ecommerce rollup startup UpScalio has acquired a stake in consumer brands including Gizga, Tizum, Aircase, and HomePuff. The brands are category leaders and operate in the next-gen computer, PC and phone accessories, laptop bags, and kitchenware segment respectively.
01/03/2022

Indian Gaming Unicorn MPL Acquires Germany’s GameDuell To Foray Into Europe

Bengaluru-based mobile esports and skill gaming platform, Mobile Premier League (MPL) has acquired GameDuell in line with its strategy to expand operations across key global markets, according to a media report by Business Standard.
01/03/2022

Accel, STRIVE co-lead seed round in test automation platform Testsigma

Testsigma Technologies, has secured seed capital of USD 4.6 Million in a round co-lead by Accel and STRIVE. The fundraise also saw participation from a clutch of investors including BoldCap, Shanmugam Krishnasamy, Kiran Darisi, Parsuram Vijayasankar, Vetri Vellore, Nitesh Banta, CEO at B12 and Ioann Fainsilber, Co-Founder at Pintek, among […]
01/03/2022

Groww chief Lalit Keshre, Cred’s Kunal Shah, others back fintech platform Upswing

Upswing Financial Technologies, which runs the open finance platform Upswing, has raised a funding of USD 4 Million led by QED Investors. The round also saw participation from Kunal Shah (Founder of Cred), Jiten Gupta (Founder and CEO of Jupiter), Rajan Bajaj (Founder and CEO of Slice) and Lalit Keshre […]
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