13/06/2017

Wow Momo gets cooking with INR 44 crore

Kolkata-based Wow Momo Foods, which owns and operates quick service restaurant brand Wow Momo, has raised INR 44 crore in a Series-B round from investors led by venture capital firm Lighthouse Funds.
13/06/2017

AI startup Boxx.ai gets $500k from Unicorn India

Mumbai-based VC firm Unicorn India Ventures has invested $500,000 in artificial intelligence analytics startup Boxx ai.
13/06/2017

Google’s Anandan, Freshworks’ Mathrubootham back Vista Rooms

Mumbai-based Stay Vista Pvt Ltd, which operates budget hotel aggregator Vista Rooms, has raised a little over Rs 5 crore ($776,000) in pre-Series A funding from a bunch of investors including seed-stage investor Artha India Ventures and Singularity Holdings.
13/06/2017

Tata-owned JLR bets on ride-sharing startup Lyft

InMotion Ventures Ltd, the new-generation mobility solutions investment arm of Tata Motors-owned luxury car maker Jaguar Land Rover, has invested $25 million in Silicon Valley-based ride-sharing startup Lyft.
13/06/2017

CSR platform Goodera raises $5.5 Million from Nexus, Omidyar

Goodera, which helps companies manage their corporate social responsibility (CSR) programmes through its technology platform, has raised INR 35 crore in a Series A round of funding from Omidyar Network and Nexus Venture Partners.
13/06/2017

Location tracking tools provider HyperTrack raises Series A round

HyperTrack Inc, a US- and India-based startup that helps businesses track their executives and products in real time, has raised an undisclosed amount in a Series A round of funding led by Nexus Venture Partners and Founders Fund.
12/06/2017

Lending startup Loanmeet raises seed funding

Online peer-to-peer lending platform LoanMeet, which is run by Strivers Solutions Pvt Ltd, has raised an undisclosed amount of seed funding from chinese entrepreneur-turned-investors Cao Yibin and Huang Wei, along with KrazyBee co-founder and CEO Madhusudan E.
12/06/2017

Fintech startup Lendingkart raises $7.7 Million debt from Yes Bank

Financial technology start-up Lendingkart Group has raised a debt of INR 50 crore from Yes Bank Ltd in a move that could see the company gradually shift to banks for loans as against non-banking financial companies (NBFCs), who lend at a higher rate.
12/06/2017

Artha India Ventures plans to float $31 Million early-stage investment fund

Mumbai-based seed stage investor Artha India Ventures is planning to launch its own early-stage investment fund with a target size of INR 200 crore ($31 million) with a greenshoe option of INR 100 crore to invest in startups across seed, pre-series A and series-A rounds of funding.
12/06/2017

Insurance brokerage firm Coverfox raises $15 mn from Transamerica & others

Glitterbug Technologies, which owns and operates online insurance brokerage Coverfox, has raised about INR 96 crore ($15 million) in its series-C round, led by US insurer Transamerica, with its existing investors also participating.
12/06/2017

PeeSafe raises $1 Million from a group of investors

PeeSafe, a toilet seat sanitizer spray, has raised $1 million from a group of investors including Mumbai-based Venture Catalyst, Alfa Capital, Green Shots Capital and Real Time Ventures.
12/06/2017

Azim Premji, Mariwalas & Goenkas back maiden VC fund Fireside Ventures

Fireside Ventures has secured backing for its maiden venture capital fund from some of India’s top family offices including Wipro promoter Azim Premji’s PremjiInvest, consumer goods maker Marico’s Mariwalas and RP-Sanjiv Goenka Group.
09/06/2017

JustCode Acquires Online Job Recruitment Startup Jobspire

JustCode, a New York-based interviewing platform has acquired Bengaluru-based online job recruitment platform Jobspire in a deal which aims to extend JustCode’s operations in the country and to further strengthen its core products for employers.
09/06/2017

SREI, Russia’s Vnesheconombank to create $200 Million IT fund

SREI Infrastructure has signed a pact with Russia’s state development institution Vnesheconombank to set up a $200 million IT and innovation fund to invest in the fields of technology and innovation.
09/06/2017

Lodha Ventures plans to launch $100 Million VC fund

Lodha Ventures, the investment arm of Mumbai-based property developer Mangal Prabhat Lodha family, is planning to launch a $100 million venture capital fund to invest in early-stage consumption-led companies.
09/06/2017

Fitness-tech startup Stratfit secures $232k funding

New York-based Stratfit Technologies Pvt Ltd has secured $232,000 in funding from Bodhtree Consulting Limited (BCL).
09/06/2017

Guiddoo gets $300k funding in pre-Series A round

Travel technology site Guiddoo has received $300,000 in a pre-Series A round of funding from individual investors Manish Prasad, Vineet Varma, Nick Haulkoury and Abhai Rao.
09/06/2017

Chinese smartphone maker iVOOMi to invest INR 250 crore in India

Chinese electronics firm iVOOMi has committed to invest INR 250 crore to further strengthen its entry-level smartphones segment in India.
08/06/2017

Norwest places early-stage bets in Multiplier Solutions, ABI Health

Norwest has invested a total of $3 Million in equal halves in Hyderabad-based Multiplier Solutions and Bengaluru-headquartered ABI Health.
08/06/2017

Gurgaon-based Roofpik buys Shoppist

Gurgaon-based Roofpik, an online property review platform, has acquired personalised product delivery platform Shoppist in order to strengthen its core team and bring personalised property recommendations to its users.
08/06/2017

IDG Ventures, Unilever, AWS team up to invest in Indian early-stage tech startups

Venture capital firm IDG Ventures India Advisors Pvt Ltd has partnered with Unilever Ventures Ltd, the venture arm of consumer packaged goods company Unilever Plc, and Amazon Web Services Inc (AWS) to launch an initiative to invest between $500,000 and $5 million in early-stage tech start-ups of India.
08/06/2017

Growfitter gets $600k funding from VC SQue Capital

Health and fitness discovery platform Growfitter has raised $600k in a pre-Series A round of funding from San Francisco-based VC SQue Capital.
08/06/2017

Hungry Foal secures debt funding from SBI

Hungry Foal, a Gurgaon-based for-profit social venture, which is approaching the issue of malnutrition from an innovative, sustainable and scalable way has raised an undisclosed amount in debt funding from State Bank of India under Stand up India Scheme.
08/06/2017

Online lending platform ZipLoan raises pre-Series A round

Online lending platform ZipLoan, which is operated by Delhi-based Blue Jay Finlease Ltd, has raised $650,000 in its pre-Series A funding round led by WaterBridge Ventures.
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