Matrix Partners leads Series A round for nutrition brand OZiva

Early-stage venture capital firm Matrix Partners India has led a USD 5 million Series A funding round in plant-based nutrition brand OZiva. The company’s existing investor Titan Capital, an investment vehicle of Snapdeal founders Kunal Bahl and Rohit Bansal, also participated in this round.  

Nextbillion.ai raises USD 7 Million funding led by Lightspeed India Partners and Falcon Edge Capital

Nextbillion  which builds mapping and other AI-based services for emerging markets, has raised USD 7 million in Series A funding, led by Lightspeed India Partners and Falcon Edge Capital.  

Amazon pledges USD 2 billion venture capital fund to invest in clean energy

Amazon.com Inc, will launch a USD 2 billion venture capital fund that will focus on technology investments to reduce the impact of climate change and support sustainable development. The Climate Pledge Fund will invest in companies across industries such as transportation and logistics, energy, storage and utilization, manufacturing and materials, […]

CapitalG leads Series E funding round in Aye Finance

Aye Finance Pvt. Ltd, a non-banking financial technology company focussed on micro, small and medium enterprises, has raised INR 210 crore in its Series E funding round. The round has been led by CapitalG and other participants in the round include LGT Lightstone, Falcon Edge, A91 Partners and MAJ Invest. […]

Leo Capital leads pre-Series funding for gaming firm Bombay Play

Early-stage venture capital firm Leo Capital has led a USD 1.5 million pre-Series A round of funding in gaming company Bombay Play.  

Chiratae Ventures invests in bionics company Aether Biomedical

Poland based, Aether Biomedical Sp. z o.o, which operates a medical robotics company that develops rehabilitation-focused devices, has raised an undisclosed funding as part of its seed round from investors including Chiratae Ventures.  

Sequoia India leads seed funding round in quantum computing startup Horizon

Horizon Quantum Computing, which is focussed on developing programming tools for quantum computers, has raised funding in an extension of its seed round, with the exercise being led by Sequoia Capital India. Existing backers including SGInnovate, Abies Ventures, DCVC, Qubit Protocol, Summer Capital and Posa CV also participated in the […]

Co-working space provider 91springboard raises fresh funding

91 Springboard Business Hub Pvt. Ltd, which operates co-working space provider 91springboard, has raised INR 45 crore in a fresh round of funding from its existing investors.  

US-based Rocketship leads INR 30 Crore funding in micro-mobility platform Yulu

Bengaluru-based last-mile micro-mobility platform Yulu has raised a fresh funding of INR 30 crore led by US-based VC firm Rocketship and existing investors.  

Noida-based MergerDomo raises INR 1.5 Crore to scale its business

MergerDomo, a Noida-based global online corporate deal sourcing and consulting marketplace, announced it has raised seed funding of INR 50 lakh from seven individual investors since September 2019, and secured an angel funding of INR 1 crore from Nadir Godrej, MD, Godrej Industries, in March 2020.  

Fashion brand operator High Street Essentials raises pre-Series C funding

High Street Essentials, which operates fashion brands including FabAlley and Indya, has raised INR 20.75 crore in its pre-Series C funding round led by existing investors SAIF Partners and India Quotient.  

Grocery delivery startup Milkbasket bags funding led by Inflection Point Ventures

Aaidea Solutions Pvt. Ltd, which operates contactless delivery service and grocery startup Milkbasket, has raised USD 5.5 million in a fresh funding led by Inflection Point (IP) Ventures. Others that participated in the round include existing backers such as Blume Ventures, Kalaari Capital, Mayfield India, Unilever Ventures and the Singapore-based BeeNext. […]

Edtech startup Instasolv raises USD 2 Million in pre-Series A funding

Instasolv, a Noida-based edtech startup, has raised USD 2 million in pre-Series A funding from undisclosed investors. The company is a doubt-solving app for students from Class 6 to 12 in subjects of science and mathematics and also IITJEE and NEET.  

Milk Mantra scoops up USD 10 million in debt financing from US-backed DFC

Dairy foods startup Milk Mantra has raised USD 10 million in structured debt financing from US International Development Finance Corporation (DFC).  

Citizen safety-focussed platform DROR raises fresh funding

DROR Labs Pvt. Ltd, which operates citizen’s safety technology platform DROR, has raised funding from the US-based entrepreneur and investor Gopi Latpate and Inflection Point (IP) Ventures.  

Furniture rental startup CasaOne secures debt financing from Credit Suisse

La Casa Ventures Inc., which operates Bengaluru and San Francisco-based CasaOne, has raised USD 50 million  in debt financing from multinational financial services group Credit Suisse.  

Fixed-income investment marketplace GoldenPi raises funding from Rainmatter Capital

GoldenPi Technologies, a marketplace platform focused on fixed-income investments, has raised INR 3.5 crore from Rainmatter Capital.  

Sequoia-backed auto maintenance startup raises funding from Pawan Munjal

Targetone Innovations, which operates automobile maintenance and servicing startup GoMechanic, has raised an undisclosed funding from Pawan Munjal, the managing director and chief executive officer of Hero MotoCorp.  

Aavishkaar Capital bets more on Indonesian furniture retailer Fabelio

PT Tiga Elora Nusantara, which operates Indonesian omnichannel furniture retailer Fabelio, has raised USD 9 million in Series C funding round led by Taiwanese venture capital firm AppWorks.  Endeavour Catalyst and MDI Ventures, which is backed by Indonesian conglomerate Telkom Group, also invested, apart from existing backer Aavishkaar.  

Bharti Airtel acquires strategic stake in kids learning startup Lattu Kids

Bharti Airtel, has acquired a strategic stake in edtech startup Lattu Media Pvt Ltd (Lattu Kids) as part of the Airtel Startup Accelerator Program.  

A91 Partners invests INR125 crore in spice and condiments maker Pushp

Indore-based spices and condiments brand Pushp has raised INR 125 crore from A91 Partners, the private equity fund’s sixth investment since it was founded last year.  

Sequoia India signs Series A cheque for Philippine neo-bank Tonik

Tonik Financial Pte Ltd, which operates the Philippines-based neo-bank Tonik, has raised USD 21 million in a Series A funding round led by Sequoia Capital India and US-based Point72 Ventures. Other investors that participated in the funding round include existing backers such as Insignia and Credence.  

Venture Catalysts, former Castrol Asia head invest in robotics startup Peppermint

Aubotz Labs Pvt. Ltd, which operates industrial robotics startup Peppermint, has raised an undisclosed seed funding from startup incubator and accelerator Venture Catalysts and former Castrol Asia head Naveen Kshatriya.  

Rural fintech startup Jai Kisan raises INR 30 Crore in Pre-Series A from Arkam Ventures, NABVENTURES, and others

Mumbai-based rural fintech platform Jai Kisan, has raised INR 30 crore in the Pre-Series A round of funding led by Arkam Ventures, with participation from NABVENTURES Fund I. Existing investors such as Blume, Prophetic Ventures, and Better Capital also participated in the round.