07/06/2017

India-focused Lightbox may raise new fund of $100 Million next year

Venture capital (VC) firm Lightbox, which has so far raised two India-focused funds and backed start-ups such as Faasos, Embibe, Furlenco and Droom, may raise a new fund next year with a corpus of $100 million after completing the last few investments from its current fund.
07/06/2017

India Quotient to invest in 25 startups through its new fund

Early stage-investor India Quotient is looking to invest seed capital in around 25 startups through its new fund with a target corpus of around $50 million going to $80 million with a greenshoe option.
07/06/2017

Health-tech startup Healthbuds raises seed round

Healthbuds, a portfolio company of accelerator Neoleap Business Ventures LLP, has raised an undisclosed amount from Kolkata-based angel investors Arun Patodia and Bharat Kedia at a pre-money valuation of INR 9 crore.
07/06/2017

Blume Ventures invests more in BHIVE Workspace

Bangalore-based Tusker Workspace Pvt Ltd, which runs co-working startup BHIVE, has approximately INR 8 crore in fresh funding led by existing investor Blume Ventures, Ramesh Aravind, managing director of construction firm SKCL Meera Reddy and some high net-worth individuals.
06/06/2017

Ftcash gets funds from 500 Startups

Mumbai-based payments startup Ftcash has raised an undisclosed amount in funding from Silicon Valley based venture capital fund 500 Startups as part of its pre-series-A round.
06/06/2017

Spinny gets $1 Million in seed funding

Gurgaon-based used car platform Spinny has raised $1 Million in a seed-funding round led by Blume Ventures, Indian Angel Network and FreeCharge co-founders Kunal Shah and Sandeep Tandon.
06/06/2017

Alibaba Pictures acquires majority stake in Chennai-based TicketNew

Alibaba Group’s entertainment arm Alibaba Pictures has acquired a majority stake in India’s second-largest online ticketing platform, TicketNew.
06/06/2017

IDG Ventures-backed Aasaanjobs acquires rival mHire

Recruitment services marketplace Aasaanjobs has acquired Noida-based rival mHire in a cash-and-stock deal to increase its presence in north India and expand its client base.
06/06/2017

Sundaram Finance backs online education loans marketplace GyanDhan

GyanDhan, an online marketplace for education loans operated by Delhi-based Senbonzakura Consultancy Pvt Ltd, has secured an undisclosed amount from Sundaram Finance Holdings, a subsidiary of Chennai-based Sundaram Finance Ltd.
06/06/2017

Fintech platform MaxMyWealth raises funds from two UK firms

London- and India-based Heathwalk Advisors Pvt Ltd, which runs financial technology platform MaxMyWealth, has raised an undisclosed amount in funding from an alternative asset management firm, an investor in the blockchain ecosystem Global Advisors (Jersey) Ltd and diversified investment company Horseferry.
05/06/2017

Fosun Kinzon Capital aims to deploy $100 mn in India by year-end

Fosun Kinzon Capital, the venture capital arm of Chinese conglomerate Fosun International, aims to invest $100 million in Indian companies by the end of 2017.
05/06/2017

Online insurance broker Coverfox raises Series C round

Mumbai-based online insurance broking firm Coverfox has raised its Series C funding round from a bunch of new and existing investors.
05/06/2017

Sequoia Capital tops up Fund IV with $125 million

Silicon Valley venture capital firm Sequoia Capital has added $125 million to the fund, which will take its overall corpus to over $850 million.
05/06/2017

Goomo Gets $50 million package from emerging India

Singapore and Mumbai-based Goomo Holdings, which owns and operates travel tech startup Goomo has raised $50 million (about INR 332 crore) in funding from private equity firm Emerging India.
02/06/2017

Quintype’s Amit Rathore setting up two new funds for US, India investments

Silicon Valley-based Indian entrepreneur and investor Amit Rathore and two other US-based investors are launching two new funds with a combined corpus of about $244 million to invest in early-stage and late-stage technology ventures in countries including the US and India.
02/06/2017

Travel ERP platform Tripeur raises seed funding

Bangalore-based Shorebird Technologies Pvt Ltd, which operates travel enterprise resource planning platform Tripeur, has secured an undisclosed amount in seed funding led by Grace Grace Techno Ventures LLP.
02/06/2017

Beauty services platform Zooty raises follow-on funding

DocSuggest Healthcare Services Pvt Ltd, which runs beauty services app Zooty, has raised a follow-on round of funding from existing and new investors.
02/06/2017

Mumbai-based ​​Adesaa Welln​​ess raises angel funding

Adesaa Wellness Pvt Ltd, a Mumbai-based wellness startup, has raised an undisclosed amount of funding from angel investors.
01/06/2017

Quintype’s Amit Rathore setting up two new funds for US, India investments

Silicon Valley-based Indian entrepreneur and investor Amit Rathore and two other US-based investors are launching two new funds with a combined corpus of about $244 million to invest in early-stage and late-stage technology ventures in countries including the US and India.These two funds are going to invest in early-stage and […]
01/06/2017

$14.5 Million in coins to grow this Bitcoin Blockchain Fund

Bitcoin Growth Fund (BGF), a blockchain-based startup fund, closed its first fund raising with approx INR 95 crore as part of its initial coin offering (ICO).
31/05/2017

Hyper local discovery co MagicPin raises Series B funding

Gurugram-based hyper local discovery startup MagicPin has raised $7 million towards Series B from existing investor Lightspeed India Partners, Waterbridge Ventures, a $15 million venture fund floated by private equity veteran Manish Kheterpal and two global family offices.
31/05/2017

Rohto Pharma invests $5 million in SastaSundar Healthbuddy

Japanese firm Rohto Pharmaceutical Co has invested USD 5 million (over Rs 32 crore) to acquire 13 per cent stake in SastaSundar Healthbuddy Ltd.
31/05/2017

Jyoti Bansal invests in marketing automation platform Leadsquared

Silicon Valley-based tech entrepreneur Jyoti Bansal has invested an undisclosed amount in sales execution and marketing automation platform Leadsquared.
31/05/2017

Digital lending startup SimpliLend raises angel funding

Delhi-based Simplified Fintech Pvt Ltd, which operates online lending platform SimpliLend, has secured angel funding from HNIs based out of Singapore and India.
Top