07/12/2016

Health-tech startup THB raises funding from Currae Healthtech Fund, others

Clinical research and data analytics company THB has closed a seed funding round led by former executive of Nokia Ajith Sukumaran and Apoorva Patni-led early stage fund Currae Healthtech Fund. The funding will be utilized to expand technology, data science and clinical teams.
07/12/2016

AI startup Niki.ai raises funding from Haresh Chawla, Ronnie Screwvala

The Bengaluru-based artificial intelligence startup has raised INR 3 crore in a new round of funding led by Haresh Chawla, a partner at India Value Fund Advisors (IVFA). Existing investor Ronnie Screwvala’s Unilazer Ventures also participated in this round, the startup disclosed in its ROC filings.Founded in April 2015 the […]
07/12/2016

Fintech firm WealthApp raises angel funding

Bengaluru-based online investment advisory startup WealthApp Financial Advisors Pvt Ltd has raised INR 3 crore ($440,000) in angel funding from investors including NuVentures managing partner Venk Krishnan and Daksh eServices co-founder MJ Aravind. WealthApp, launched in January this year, offers online financial and investment advice to individuals.
06/12/2016

Food delivery startup Mr. Hot Foods raises funding

Food delivery startup Mr Hot Foods Pvt Ltd has raised an undisclosed amount of seed funding from angel investor Pawan Raj Kumar through the IvyCamp platform. Mr Hot Foods delivers food ordered via its app from local restaurants and tiffin centres in standardised packaging. The startup claims to deliver nearly […]
06/12/2016

Bike rental firm ONN Bikes raises funding from Grace Capital Ventures

Mumbai-based bike rental startup ONN Bikes has raised an undisclosed amount of seed funding from Grace Capital Ventures and four other individual investors. The funding will be utilized to set up hub stations in Bengaluru and Hyderabad.The startup will upgrade its technology database so that hub station owners can keep […]
06/12/2016

Naukri.com parent Info Edge invests afresh in Diro Labs

Hiring portal Naukri’s parent Info Edge (India) Ltd has invested an additional INR 1 crore (roughly $147,000) in contacts management startup Diro Labs. Diro Labs allows users to make groups of contacts, back them up on cloud, and connect contacts with social media. The startup is based out of Delhi, […]
05/12/2016

Core Diagnostics raises $12 Million from Eight Roads Ventures, others

Core Diagnostics Pvt Ltd, which provides specialized diagnostics services, has raised $12 million (INR82 crore) from private equity firm Eight Roads Ventures and US-based F-Prime Capital Partners. The funding will be utilized to introduce multiple new advanced tests for oncology as well as for other segments such as infectious diseases […]
05/12/2016

Online grocery delivery startup urDoorstep raises INR10 crore

Online grocery delivery company urDoorstep has raised INR 10 crore in a bridge round, with a high net-worth individual investing INR 5 crore and an equal amount coming in as debt from Lakshmi Vilas Bank. The platform sources produce from 9,000 farmers across India, depending on seasonal variations, and serves […]
05/12/2016

Logistics app TYGR raises funding from Franchise India

Kolkata-based Savetur Digital Pvt Ltd, which runs logistics app TYGR, has raised a pre-Series A round of funding worth $3 million from Franchise India. TYGR is a platform that tracks and monitors passenger, delivery, logistics and specialty vehicles by integrating Big Data analytics and Internet of Things into logistics.
02/12/2016

Live music streaming app Streo raises funding from Quarizon, others

Live music streaming app Streo has raised seed funding of an undisclosed amount from GEMs Advisory and early-stage VC fund Quarizon. The funding will be utilized to expand into other across Tier I cities in the country.Founded in December 2015, the app  gives users access to the latest trends in […]
02/12/2016

Learning solutions provider Next Education acqui-hires edtech startup Xolvr

Next Education, a Hyderabad-based learning solutions provider for K-12 students, has acqui-hired Gurugram based education technology startup Xolvr. This acqui-hire will add a new element to LearnNext by offering students with a platform to access over 50 tutors.
02/12/2016

CitiusTech sets up Healthcare innovation Fund with SINE

Healthcare technology company Citius Tech has launched a Healthcare Innovation Fund in collaboration with SINE– IITs Society for Innovation and Entrepreneurship. The final decision on what startups are selected rests with SINE, while Citius Tech executives would step in as mentors as and when needed.
02/12/2016

Home utility brand Bonita closes first round of funding from El Capital, others

Home utility products startup Bonita India has closed its first round of funding from El Capital, an offshore boutique debt structuring firm, and a clutch of individual investors. The funding will be utilized for brand-building exercises, investment in new product development and launches, creating product awareness, driving consumption at a […]
02/12/2016

SlideApp raises $3.6 Million in Series A led by Songhyun Investment

SlideApp, a lock screen app that awards Android users for reading content, has raised funding in its Series A round of investment led by Songhyun Investment, a South Korean VC firm. The funding will be utilised to scale user base, develop products and strengthen brand presence in the market.
01/12/2016

Digital healthcare company Sidqam Technologies raises $ 1.2 Million funding

Noida-based digital healthcare company Sidqam Technologies has raised seed funding led by SQue Capital, a Mumbai-based investment firm. Grace Capital Ventures and Soham Vencaps, the family fund of the realestate company Soham Group also participated in the round. The funding will be utilized to expand services beyond the NCR market, […]
01/12/2016

Infuse Ventures, Ankur Capital back thermal-energy storage startup Tessol

Infuse Ventures, an early-stage sustainability and clean-tech fund associated with IIM Ahmedabad’s tech incubator Centre for Innovation Incubation and Entrepreneurship (CIIE) along with Ankur Capital has invested an undisclosed amount in a Series-A funding round in cold chain technology company TESSOL. The funding will be utilized to expand sales and […]
01/12/2016

Student-focused social networking app Pulse raises funding from SAIF Partners

Pulse, a social networking app that enables users to stay connected with their college or school communities, has raised $500,000 in funding from venture and growth capital fund SAIF Partners.The funding will be utilized to expand presence to cities such as Pune, Bengaluru, Mumbai, Chandigarh, Manipal, Chennai and Hyderabad, and […]
01/12/2016

Emotion recognition startup Entropik raises seed funding

Machine learning startup Entropik Technologies Pvt Ltd, which recognises emotions to help companies understand consumer behaviour, has raised $200,000 from two individual investors.The startup raised the funding from Dileep Bhatt, president of downstream operations at JSW Steel Ltd, and Milind Chaudhary, director of Sea Global Services Pvt. Ltd. The funding […]
01/12/2016

Accel Partners raises $450 mn in fifth Indian venture capital fund

Venture capital firm Accel Partners has raised $450 million under a new fund to make seed and early-stage investments in Indian startups. The new capital will be dedicated exclusively to invest in seed and early stage startups in the country.
01/12/2016

Jungle Ventures makes final close of second fund at $100 Million

Singapore-based early-stage investor Jungle Ventures, which has Tata Sons Ltd’s interim chairman Ratan Tata as an adviser, has closed its second venture fund at $100 million. The new fund will primarily invest in Series A and Series B rounds in tech startups in Southeast Asia. It will also look at […]
01/12/2016

Vendor platform TheVetted raises funding from Kae Capital, others

Vendor collaboration platform TheVetted has raised about $500,000 in seed funding from early-stage investment firm Kae Capital and other investors. Angel investor and former Facebook general counsel Rudy Gadre and a few serial entrepreneurs in the US also participated in this round. TheVetted, run by California-based Vetted Inc, removes friction […]
30/11/2016

Indian cricketer Mohit Sharma backs Noida based startup for artists Crossahead

Crossahead, a social networking-based discovery platform for artists, has raised an undisclosed amount of funding from Indian cricketer Mohit Sharma. Founded in July 2015 it is a web-based social networking platform where potential customers can interact with professional artists based on their geographical location and requirements.
30/11/2016

Food-tech startup MonkeyBox raises funding from Blume Ventures

Bengaluru-based MonkeyBox Food Tech Pvt Ltd, which delivers healthy food for children, has raised an undisclosed amount in seed investment from early stage investor Blume Ventures and a clutch of high net-worth individuals (HNIs).The funding will be utlizedfor setting up of kitchen.The startup provides healthy vegetarian meals that are designed […]
30/11/2016

SaaS based corporate training startup HandyTrain raises $1 Million funding

Mobile-based SaaS platform HandyTrain has raised around $1 million in funding from Silver Range Investments,Hong Kong, Lumina Datamatics and Shun Yoshida, Managing Director, Merrill Lynch, Tokyo and other angel investors.Founded in 2015 and incubated at Prototyze, the startup is a mobile platform for corporate training that claims to slash cost […]
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