01/07/2021

Inflexor Ventures marks final close of new fund, overshoots target corpus

Early-stage venture capital firm Inflexor Ventures, has marked the final close of its new fund at over INR 600 crore, overshooting its target corpus of INR 500 crore. The fund is sector agnostic with a primary focus on business-to-business enterprise startups leveraging deep technology. It invests in pre-Series A and […]
01/07/2021

Treebo raises USD 16 million Series D funding from Accor and others

Budget hospitality chain Treebo Hotels said it has raised USD 16 million in its Series D funding round from a clutch of investors led by French hospitality major Accor. Others that participated in the funding include Bennett Coleman & Co. Ltd., and the company’s existing investors Elevation Capital, Matrix Partners, […]
01/07/2021

Chargeup Raises Pre-Series A Funding From Mapmyindia

Battery swapping network for e-rickshaws Chargeup, has raised an undisclosed amount in its ongoing Pre-Series A funding. The funding round was led by MapmyIndia with participation from a group of HNIs.
01/07/2021

Powerhouse91 raises money from Crossbeam Venture Partners

Powerhouse91, the tech-driven company that acquires growing e-commerce brands in India, has raised an undisclosed amount in a seed round from Crossbeam Venture Partners. Powerhouse91 follows the successful model of American unicorn Thrasio, which has caught on in India.
01/07/2021

CredR Raises USD 6.5 Million From Yamaha Motors, Omidyar And Eight Roads

CredR, an omnichannel marketplace for used two-wheelers,has raised USD 6.5 Mn in its latest round led by Yamaha Motors. Its existing investors Omidyar Network India,Eight Roads Ventures, and Astarc Ventures also participated in the funding round.
30/06/2021

Edtech startup Quizizz raises USD 31.5 Million in Series B round led by Tiger Global

Student engagement platform Quizizz, has raised USD 31.5 million in an ongoing Series B round led by Tiger Global Management. Existing investors Nexus Venture Partners, GSV Ventures, and Eight Roads Ventures also joined the round along with new backers, including Yahoo Co-founder Jerry Yang.
30/06/2021

AI startup Detect Technologies raises USD 12 Million from Accel Partners, Elevation Capital, others

Industrial AI startup Detech Technologies, has raised USD 12 million in funding led by Accel Partners with significant participation from existing investor Elevation  Capital. Existing investors, including Bharat Innovation Fund, BlueHill Capital, and Axilor Ventures, also participated in the round, while Stride Ventures was the venture debt partner.
30/06/2021

Fireside co-leads USD 40 million seed round in Thrasio-style platform 10Club

Bengaluru-based 10club, an aggregator of third-party sellers on e-commerce platforms, has raised USD 40 million in an outsized seed funding round. The round was co-led by Fireside Ventures and an undisclosed international investor. The round also saw participation from US-based e-commerce aggregator HeyDay, PDS international, Class 5 Global, Secocha Ventures […]
30/06/2021

SaaS startup Intervue raised undisclosed seed round from Titan Capital, Kunal Shah, and others

SaaS-based hiring platform startup Intervue, has raised an undisclosed seed round led by Titan Capital, Kunal Shah, Co-founder of Wag Brendan Rogers, and Founder of 2AM VC Hershel Mehta.
29/06/2021

Airblack raises USD 5.2 million from Info Edge Ventures, Elevation Capital

Airblack, an online makeup and beauty learning platform, has raised USD 5.2 million in a Series A funding round led by Info Edge Ventures and Elevation Capital.
29/06/2021

LocoNav raises USD 37 Million to scale its AI-driven fleet-tech platform

LocoNav Inc, a full-stack fleet software company focused on democratising access to technology for drivers and fleet owners, has raised USD 37 million in a Series B round. The new funding came from Quiet Capital, Anthemis Group, Sequoia Capital India, Foundamental, RIT Capital Partners, Uncorrelated Ventures, Village Global, and others.
29/06/2021

Social music app Humit raises pre-seed round led by Antler India

Social media platform for bite-sized audio sharing and discovery app Humit, raised an undisclosed pre-seed round led by Antler India, with participation from First Cheque.
29/06/2021

Ayurvedic wellness startup Auric raises USD 2 Million in pre-Series-A round led by Venture Catalysts, others

Ayurvedic health and wellness startup Auric, has raised USD 2 million in a pre-Series-A round co-led by Venture Catalysts, Cactus Venture Partners, and 9Unicorns. Karthik Bhat via AngelList and Capital-A (Manjushree Ventures) also participated in the round.
29/06/2021

Online teaching academy enabler Edmingle raises USD 300K from SucSEED Indovation Fund, Mumbai Angels, others

Edmingle, the online teaching academy enabler, has secured USD 300,000 from Hyderabad-headquartered SucSEED Indovation Fund, Mumbai Angels, and other angels.
28/06/2021

Content startup Pratilipi raises INR 20 crore debt from Alteria Capital

Venture debt firm Alteria Capital, has invested INR 20 crore in regional language self-publishing platform Pratilipi.
28/06/2021

Krafton invests in Indian video game streaming startup Loco

Loco, a streaming platform for video games, has received USD 9 million from investors including South Korean gaming company Krafton Inc. in its first fundraising effort to capitalize on the growing popularity of games-based entertainment in the South Asian nation.
28/06/2021

Logistics startup GoBolt raises USD 20 million from Paragon Partners, others

GoBolt an end-to-end logistics solutions provider that gives line haul express solutions to the e-commerce and non-e-commerce industry, has raised USD 20 million in its Series B round, led by Paragon Partners Growth Fund II. Existing investor Aavishkaar Capital also participated in the funding round. The capital raising round includes […]
28/06/2021

Fintech startup Slice raises USD 20 million from Gunosy, Blume Ventures

Fintech startup Slice, which offers customers flexibility in paying credit card bills and reward points on transactions, has raised USD 20 million in equity funding from existing investors Gunosy and Blume Ventures at an undisclosed valuation.
28/06/2021

Abu Dhabi Investment Authority picks up minority stake in MobiKwik for USD 20 Million

The UAE’s sovereign wealth fund Abu Dhabi Investment Authority has picked up a minority stake in the IPO-bound digital payments player MobiKwik for nearly USD 20 million, valuing it at USD 700 million.
28/06/2021

WealthDesk closes its pre-Series A funding round at USD 3.2 million

WealthDesk, an investment technology platform, has raised USD 3.2 million in its pre-Series A round from former Blackstone Group executive Mathew Cyriac.
25/06/2021

Tiger Global leads USD 65 million Series C round in Classplus

Classplus, a SaaS based platform that digitises offline coaching institutes, has closed its Series C round at USD 65 million. The round was led by alternative investment firm Tiger Global Management and valued Classplus parent Bunch Microtechnologies at USD 250 million. GSV Ventures, Alpha Wave Incubation, Blume Ventures and RTP […]
25/06/2021

LegalPay raises additional capital, ventures into Interim Financing

Tech-based litigation platform LegalPay, has raised an undisclosed funding round led by the former head of Thomas Cook, Ashwini Kakkar. 9Unicorns, an accelerator VC fund, also participated in the round.
25/06/2021

B2B social commerce platform ApnaKlub raises undisclosed amount in pre-Series A round from Blume Ventures and Whiteboard Capital

ApnaKlub, a homegrown social commerce platform, has raised an undisclosed amount in pre-Series A round led by Blume Ventures and Whiteboard Capital. Bengaluru-based startup aims to disrupt the traditional wholesale FMCG distribution landscape in India through its reseller-led B2B platform for retailers and wholesalers based in Tier II, Tier III […]
25/06/2021

Wellness startup Green Cure raises pre-Series A round from Venture Catalysts

Delhi-based wellness startup Green Cureon, has raised an undisclosed pre-Series A round from Venture Catalysts.
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