23/11/2016

AYE Finance raises Series B funding from new and existing investors

Delhi-based non-banking financial company AYE Finance (AYE) has closed its Series B round of funding worth INR 70 crore from LGT Impact Ventures and existing investors SAIF Partners and Accion.The funding will be utilized to grow outreach across the country with a target loan portfolio of more than Rs 2,000 […]
23/11/2016

Vocabulary learning firm VoLT raises funding from YMS Mobitech

Ed-tech startup VoLT, run by Edutainment Spearheads Pvt Ltd, has raised an undisclosed amount of seed funding from YMS Mobitech, a tech-based distribution company.VoLT (Vocabulary Learning Technique) simplifies vocabulary learning process using creative teaching methodologies, mnemonics, anecdotes and colored pictures for better retention.
23/11/2016

Digital media venture Awesummly raises angel funding

Bengaluru-based NitroLabs Technology Pvt Ltd, the company which runs and operates news summarisation app Awesummly, has raised $146K (Rs 1 crore) in funding from Vivek Bhargava, chief executive, iProspect and Ameera Shah, promoter and managing director of Metropolis Healthcare. Awesummly is a machine-intelligence powered short news app which provides personalised […]
23/11/2016

Networking startup Nodd raises funding from former Just Dial CTO, others

Mumbai-based Nodd Ventures Pvt Ltd, the company which operates networking app Nodd, has raised INR 1 crore ($146,000) in funding from former Just Dial Ltd chief technology officer Sandipan Chattopadhyay, IKYA Global associate partner Jaison Jose and other investors. The funding will be utilized to scale up its operations and […]
23/11/2016

JLL, HDFC Red eye Housing.com; SoftBank comes in with bridge round

Japanese telecom and Internet conglomerate SoftBank Group Corp, a leading investor in several Indian tech startups, has put in an additional $5 million (Rs 34 crore) in a bridge round in real estate portal Housing.
23/11/2016

CRM firm Helpshift raises $23 Million in Series B funding round from Cisco Investments, others

Cisco Investments has joined the Series B funding round of Pune- and San Francisco-based mobile customer relationship management (CRM) firm Helpshift Inc. The firm had raised raised $23 million (around Rs 153.6 crore). Helpshift and Cisco will explore opportunities to integrate Helpshift’s in-app customer support solutions with Cisco’s leading contact […]
22/11/2016

Fintech startup Datasigns Technologies raises angel funding

Bengaluru-based Datasigns Technologies Pvt Ltd, a mobile first financial technology start-up, has raised an undisclosed amount in angel funding led by Sanjai Vohra, former managing director of JP Morgan and UBS, and V Bunty Bohra, managing director and India CEO of a large global investment bank. The startup works on […]
22/11/2016

UClean raises seed funding from Franchise India

Tech enabled laundry service provider, UClean, has raised an undisclosed amount in seed funding in a round led by franchise and retail solution group, Franchise India.The funding will be utilized to develop UClean into a 500+ laundromats chain over the next five years.
22/11/2016

Quikr acquires home rental marketplace Grabhouse

Online classifieds portal Quikr India Pvt Ltd has acquired Bangalore-based home rental marketplace Grabhouse for an undisclosed amount. As part of this deal, Quikr will integrate Grabhouse’s products and technology stack into QuikrHomes while also reaping strong synergies the business has with its other verticals. Post deal, Grabhouse will continue […]
22/11/2016

Analytics firm Vymo raises $5 Million from Sequoia India

Bengaluru-based predictive sales analytics start-up Vymo has raised $5 million in a series A round of fundraising from the venture capital firm Sequoia India. The funding will be utilized to deepen research and development (R&D) initiatives and expand presence in international markets in regions such as the Middle East and […]
22/11/2016

Late-night food delivery firm Bats on Delivery raises angel funding

Bats on Delivery, an on-demand food and essential commodities delivery services firm, has raised an angel round of funding from a Delhi-based businessman. The funding will be utilized to set up a centralized kitchen in Gurgaon and several physical take-away outlets in Delhi-NCR. The startup has  raised INR 60 Lakh […]
22/11/2016

Fintech firm numberz.in raises funding from Kae Capital, Khosla Impact

Gurgaon-based Paradime Technologies Pvt Ltd, which runs cash-flow management startup numberz, has raised seed funding of $650,000 from investors Kae Capital and Khosla Impact. The startup helps small and medium enterprises (SMEs) to manage their cash flow better including services like invoice management and expense management.
21/11/2016

Yunus Social Business launches India-focused impact fund

Germany-headquartered Yunus Social Business Global has launched a new fund, Yunus Social Business Fund Bengaluru (YSBFB), to invest in enterprises that provide business solutions to bring about significant social transformation. The fund will focus on sectors like education, healthcare, housing and agriculture. It will back 4-5 social business companies in […]
21/11/2016

Online hiring platform WorkIndia raises funding from Japan’s Asuka Holdings

WorkIndia, a job portal for blue-collar workers, has raised an undisclosed amount in investment from Japanese venture capital investor Asuka Holdings. Launched in 2015 , WorkIndia helps in the placement of delivery boys, office assistants, field sales executives, tele-callers and counter sales people in companies. It has 60,000 monthly active […]
18/11/2016

Product photography start-up Pictor Imaging raises funding from Quarizon

Private equity fund Quarizon has invested INR 1 Crore in early-stage funding of Pictor Imaging Pvt Ltd, a product photography start-up. The funding will be utilized for strengthening technology, team size and for business development.
18/11/2016

OrbiMed to invest $40 Million in Suraksha Diagnostics

Marquee healthcare investor OrbiMed is finalising about $40-million investment in Kolkata-based Suraksha Diagnostics, which operates a chain specialising in pathology and radiology services across the national capital region (NCR), Bihar and West Bengal.  The funding will be utilized to expand the laboratory network and invest in equipment and the tech […]
17/11/2016

Online fashion store Koovs raises $13.5 Million funding from Times Group, others

Koovs plc, a Delhi- and UK-based fashion etailer has raised funding from existing investors including Ruffer, Coller Capital and others. It raised a strategic investment of about $4.8 Mn from the Times of India Group and a further $8.7 Million investment by new and existing shareholders. The funding will be […]
17/11/2016

Online Travel Portal Trip Tap Toe raises funding from former Chairman and MD of ONGC

Gurugram-based travel portal and travel concierge app, Trip Tap Toe has raised fresh capital in exchange of 26% stake for an undisclosed amount. R.S Sharma, former Chairman and Managing Director of Oil and Natural Gas Corporation (ONGC) invested through his son Nayan Parashar, Director at Trip Tap Toe.The funding will […]
17/11/2016

Foodtech startup Tpot raises Pre-Series A funding

Tpot, a Delhi-based foodtech startup focused on serving the ‘chai-nashta’ segment, has raised an undisclosed amount in Pre-Series A funding. The investment was led by principal investor at Tpot, Ashish Gupta, Founder & Trustee of Ashoka University and Ex-co-founder & COO of Evalueserve. Tpot currently has 21 outlets across Delhi/ […]
17/11/2016

Marketplace for luxury brands vClusive raises $ 6.3 Million from Hunch Ventures

vClusive, an omni-channel marketplace for luxury brands, has raised funding in a round led by venture capital firm Hunch Ventures. A clutch of angel investors also took part in the round. The funding will be utilized for technology development, marketing and branding campaigns.
17/11/2016

Legal tech startup LawRato raises funding from IAN

LawRato, a Delhi-based legal tech startup, has raised an undisclosed amount in its pre Series A round of funding from Indian Angel Network (IAN). The funding round was led by IAN co-founder Alok Mittal.  As a part of the investment, IAN members VP Rajesh and Srikant Sastri will join the […]
17/11/2016

Health-tech startup Aermed raises seed funding

Aermed, a full-service online pharmacy and lab aggregator, has raised an undisclosed amount of seed funding in a round led by Hitesh Windlass, CEO of Windlas Healthcare. The company which was bootstrapped until now has got its first major influx of money to expand operations.
16/11/2016

TV Mohandas Pai-backed realty fund raises nearly $ 30 Million

Neev Asset Advisors LLP, a new real estate-focused investment firm, backed by Manipal Education Group chairman Mohandas Pai and chief executive of Manipal Education and Medical Group, Ranjan Pai, and other investors, has raised INR 200 crore and made its first investment in a project in Bengaluru. The fund, Neev […]
16/11/2016

Data analytics firm Scienaptic raises funding from former Genpact head

Data analytics firm Scienaptic Systems Inc has received an undisclosed amount of funding from Genpact founder and former Nasscom chairman Pramod Bhasin. The two-year-old startup is headquartered in New York and has an engineering centre in Bengaluru. The funding will enable Scienaptic to continue developing its unique big data platform, […]
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