19/01/2017

Cleantech firm D.Light raises $10.5 mn from Norfund and others

D Light Design Inc, a San Francisco-based solar lighting and power products maker that also operates in India, has raised funding in a round led by Norwegian state-owned investment fund Norfund. It will use the capital to expand its operations and bring off-grid power to low-income families in Africa and […]
19/01/2017

Healthy snacks brand The Green Snack raises angel round from two wealthy individuals

Control Alt Foods Pvt Ltd, which markets healthy snacks under the brand The Green Snack Co, has raised its angel round of funding from two wealthy individuals.The funding will be primarily used to widen its distribution base.
19/01/2017

Fruits and vegetable retailer Freshworld raises fresh funding from a clutch of angel investors

Retailworx Pvt Ltd, which owns and operates food and vegetable retailing startup Freshworld, has raised a fresh round of funding from a clutch of angel investors.Bengaluru-based Freshworld works on a ‘farm-to-home’ concept by organising fruits and vegetables retailing through street vendors using battery-operated carts.
19/01/2017

CX Partners co-founder Ajay Relan invests in fresh produce startup

Ajay Relan, co-founder and former managing partner of private equity firm CX Partners, has made an investment in a Delhi-based fresh produce startup.
19/01/2017

Construction management platform QwikSpec raises funding from Angel investors

Cloud-based construction field inspection and asset management platform QwikSpec has raised $300,000 (Rs 2 crore) in angel funding from a veteran tech angel investor.The Bangalore-based startup will use the capital to scale up its product, apart from investing significantly in customer acquisition.
19/01/2017

PParkE raises funding from Singapore’s SB Ventures

Bangalore-based Pristech Technologies Pvt Ltd, which runs parking solutions app PParkE, has raised an undisclosed amount in seed funding from Singapore-based early-stage investment firm SB Ventures.Funds will be used to develop the product.
19/01/2017

Zeotap raises $12.8 mn from New Science Ventures and others

Bangalore- and Berlin-based mobile data startup Zeotap GmbH has raised 12 million euros in Series B funding from New Science Ventures (NSV) and Here. The company will invest the fresh capital to expand its engineering and data science team in Bangalore as well as on business development, data on-boarding, data […]
18/01/2017

IDFC Alternatives partners Parampara Capital to enter early-stage investment space

IDFC Alternatives, the private equity arm of IDFC group, is partnering with venture capital firm Parampara Capital to launch an early stage fund targeting at innovative startups.The fund, IDFC Parampara Early Stage Opportunities Fund – Series I, seeks to make Series A investments in companies across sectors where technology, intellectual […]
18/01/2017

BYJU’s Acquires Student Assessment Platform Vidyartha

Edtech startup BYJU’s has acquired Bengaluru-based Vidyartha, a data-driven platform offering customised learning guidance to students.The acquisition will help strengthen BYJU’S efforts to create highly personalised learning experiences for the students using the application.
18/01/2017

Bengaluru Based ID Fresh Foods Secures $25 Mn From Premji Invest

Wipro chairman Azim Premji’s family office, PremjiInvest has reportedly invested $25 Mn in Bengaluru-based food company, ID Fresh Foods. With the investment, Premji Invest has acquired a 25% stake in the company at the latter’s valuation of $100 Mn. The company will use the fresh funds to grow its presence […]
18/01/2017

Fintech startup Gumption Labs wins $50,000 from Village Capital

Bengaluru-based fintech startup Gumption Labs has received USD 50,000 in investment from Village Capital.The funds will be used to expand  its team and operation to handle the increasing number of users of platform.
18/01/2017

Parenting social network TinyStep raises funding from Flipkart

Bangalore-based WeHive Technologies Pvt Ltd, which runs parenting social network TinyStep, has raised $2 million in a fresh round of funding from its existing investor, e-commerce major Flipkart. The company said it will use the current funds to innovate on its product and expand its services.
18/01/2017

Truck aggregator Ezytruk raises funding from Dubai-based angel investors

Bangalore-based logistics and truck aggregator Ezytruk Solutions Pvt Ltd has raised $147,000 (INR 1 crore) in angel investment from Dubai-based investors Ajith Nair and Anish K. The startup will use the fresh capital to establish its commercial operations and invest in marketing and Internet of Things (IoT) development.
18/01/2017

Vahdam Teas raises funding from Mumbai Angels, Fireside’s Kanwaljit Singh & Singapore Angel Network

Vahdam Teas Pvt Ltd, a Delhi-based tea e-tailer has raised funding from a clutch of angel investors to implement its expansion plans. The firm has raised $650,000 from early-stage investment firm Fireside Ventures’ Kanwaljit Singh, Mumbai Angels and Singapore Angel Network.
17/01/2017

Odisha-based Milk Mantra raises INR 66.5 crore from Neev Fund and others

Odisha-based dairy startup Milk Mantra Dairy has raised about $10 million in a fresh round of funding that has been led by State Bank of India-backed Neev Fund. Company’s focus has been to establish dominance in eastern Indin.They are looking at multiple acquisitions in Jharkand, Chhattisgarh and Bengal. They are […]
17/01/2017

Food-tech startup Ketchupp raises INR 3 crore seed fund

Meta search engine for online food ordering Ketchupp has raised INR 3 crore in a seed round led by India Quotient and a clutch of angel investors. Ketchupp will use the capital raised to develop its technology in a bid to hone the platform from just a search engine to […]
17/01/2017

Education startup Curiositi raises Rs 3.5 Cr funding from Menterra

Menterra Social Impact Fund I has invested  in education startup Curiositi Learning Solutions in a fresh funding round.Its Curiositi School Programme offers a new way of activity-based learning of science and mathematics.
17/01/2017

MUrgency raises $100,000 funding from Wipro’s Rishad Premji

Wipro’s scion Rishad Premji is the latest Indian corporate honcho to back emergency response startup MUrgency after Ratan Tata and Infosys cofounders Kris Gopalakrishnan and SD Shibulal through their investment venture Axilor.The Silicon Valley-based start-up provides emergency response services by tying up with professionals on location and bills on its […]
17/01/2017

Leadburg raises angel round from Former SAP veteran, OpsVeda COO

Personality development app Leadburg has raised an undisclosed amount in angel funding led by former SAP veteran Harsh V Pant and OpsVeda Asia president and COO Ratheesh Raveendran.The games on Leadburg employ analytics to enable those planning their careers to understand their strengths and validate their skills.
17/01/2017

SaaS ad platform Oi Media raises funding from Early-stage VC fund Quarizon

Oi Media, a unit of OurInitiative Media Pvt Ltd, a software-as-a-service (SaaS) platform for out-of-home (OOH) advertising, has raised an undisclosed amount in seed funding from early stage venture capital (VC) fund Quarizon. The company founded in 2015 enables media sellers and buyers to connect and transact in a transparent […]
16/01/2017

Cybersecurity startup Kratikal Tech raises close to $500k in seed funding

Cybersecurity start-up Kratikal Tech Pvt Ltd has raised approx $500,000 seed funding from former director of Microsoft India Praveen Dubey, along with Amajit Gupta, former managing director Juniper Networks India and JP Bhatt, chief executive of ImpactQA. The funding will be utilized for product development and building training modules.
16/01/2017

Online B2B furniture solutions startup Hipcouch raises $700k in angel funding

Hipcouch, an online B2B furniture solutions startup founded by Indian School of Business (ISB) alumni Parikshat Hemrajani and Pankaj Poddar has raised around $700,000 in angel funding from a clutch of individuals that includes founders of public limited companies and fund managers. Hipcouch connects designers of customised furniture to established […]
16/01/2017

ZoloStays raises INR 26 Crore funding led by Nexus Venture Partners

Marquee venture capital investor Nexus Venture Partners has led a INR 26-crore round of funding in Bengaluru-based ZoloStays Property Solutions, which owns and operates managed accommodation platform Zolo. The series-A round also includes a venture debt component of Rs 4.5 crore, extended by venture debt firm InnoVen Capital. The funding […]
13/01/2017

IDFC Alternatives Launches Fourth Startup Fund With A Corpus Of $100 Million

The private equity arm of IDFC Group, IDFC Alternatives has launched its fourth fund, with a corpus of $100 million, to invest in approximately 10 startups with a ticket size of around $30-50 Million.
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