Alpha Wave Incubation leads Series A funding in edtech firm Kyt

Kyt Technologies Pvt Ltd, which operates a platform focussed on extracurricular learning for children, has raised USD 5 million funding led by Alpha Wave Incubation. Other participants in this round include Sequoia Capital India’s Surge, January Capital, Titan Capital, and angel investors.

Venture debt firm Stride Ventures leads fresh funding in Pocket Aces

Digital entertainment startup Pocket Aces Pictures Pvt. Ltd, has raised INR 17 crore in a funding round led by venture debt firm Stride Ventures.

Made in India brand boAt raises USD 100 Million from Warburg Pincus, plans to expand its product line

Boat, an electronics and lifestyle startup, has secured USD 100 million in funding from Warburg Pincus. Company will use the funding to invest in research and development and set up local manufacturing.

BharatPe raises funding from InnoVen Capital

Resilient Innovations Pvt Ltd, which operates the payments and financial services-focussed startup BharatPe, has raised INR 60 crore from venture debt firm InnoVen Capital.

IAN leads pre-Series A funding in fintech startup Zerone

Fintech startup Zerone Microsystems Pvt Ltd, has raised INR 9.5 crore as part of its pre-Series A funding round led by the Indian Angel Network (IAN). The Chennai Angels also participated in this round.

Air pollution-focussed Devic Earth raises funding from Blue Ashva

Devic Earth Pvt Ltd, a startup focussed on air-pollution control equipment, has raised INR 10 crore in its first institutional funding round from Blue Ashva Capital.

Insuretech startup Finsall raises INR 2.4 crore in seed round from Unicorn India Ventures, others

Finsall, a Bengaluru-based insurtech startup, has raised INR 2.4 crore in a seed round from Unicorn India Ventures. The investment round saw participation from SEA Fund and other angel investors.

Hyderabad startup Practically raises USD 4 Million in Pre-Series B round led by Siana Capital

Practically, a Hyderabad-based interactive and immersive learning app, on Tuesday said it has raised USD 4 million in a Pre-Series B round led by Bengaluru-based deep tech investor Siana Capital. Existing investors YourNest Venture Capital and Exfinity Ventures also participated in the investment round.

Bira 91 raises USD 30 million from Japan’s Kirin Holdings

Sequoia-backed craft beer maker Bira 91 has raised USD 30 million from Japanese integrated beverages company Kirin Holdings, its first investment in India.

Cred raises Series C funding; buys back ESOPs worth USD 1.2 mn

Dreamplug Technologies, which owns and operates credit card payment platform Cred, has raised USD 81 million in a Series C round led by returning investor DST Global. Sequoia Capital, Ribbit Capital, Tiger Global, General Catalyst, Sofina, Coatue and Satyan Gajwani of Times Internet also participated in the round. The investment […]

Mirae launches India-focused fund to back early-stage startups

South Korean financial services company Mirae Asset group is betting on early-stage Indian startups with the launch of an India-dedicated fund. Mirae Asset Venture Opportunities Fund 1, with a corpus of USD 35 million and an option to take it up to USD 75 million, will cut cheques for seed […]

MyClassboard raises INR 4.5 crore funding from ICICI Bank

MyClassboard, an end-to-end school management software provider, has raised INR 4.5 crore in pre-Series A funding from ICICI Bank.

Unacademy makes its fifth acquisition of 2020 in NeoStencil

SoftBank-backed edtech startup Unacademy has acquired test preparation platform NeoStencil for an undisclosed sum, in a bid to grow its footprint into Tier II and Tier III cities.

Incubate Fund India leads pre-Series A funding in jobs marketplace GigIndia

Explorium Innovative Technologies Pvt Ltd, which operates business-to-business jobs marketplace GigIndia, has raised INR 7.6 crore in pre-Series A funding led by Incubate Fund India with participation from Beyond Next Ventures, Avaana Capital’s Anjali Bansal, and Vineet Patni.

Venture Catalysts leads seed funding in agri-tech startup Qzense

Qzense Labs Pvt Ltd, an agri-tech startup focussing on quality control and fresh produce management, has raised INR 4.5 crore in seed capital led by incubator and accelerator Venture Catalysts. Other participants in this round include 9Unicorns, The Chennai Angels, Entrepreneur First, and Lumis Partners.

Menstrual hygiene management startup PadCare Labs raises pre-seed round from Venture Center

Pune-based menstrual hygiene management startup, PadCare Labs, raised an undisclosed amount in its pre-seed funding round from technology startup incubator Venture Center under BIRAC’s LEAP Fund.

Agri-tech firm Gramophone snags funding from Siana Capital, others

Agstack Technologies Pvt. Ltd, which operates agricultural-technology platform Gramophone, has raised INR 25 crore capital led by Siana Capital, a Bengaluru-based fund focussed on investing in companies during their early to middle stages of growth. Other participants in this round include Info Edge Ventures fund, Asha Impact and Better Capital.

Bharat Inclusive Tech Fund leads Series A funding in Pariksha

Knoctowl Technologies Pvt Ltd, which operates education-technology firm Pariksha, has raised capital in a Series A round that has vaulted its valuation to nearly INR 100 crore. Pariksha has raised around INR 13.16 crore in a round led by Bharat Inclusive Technology Fund.

Venture Catalysts, PointOne lead pre-seed funding in escrow platform NCOME

NCOME Tech Solutions Pvt Ltd, which operates a platform offering escrow-as-a-service, has raised INR 3.6 crore in a pre-seed funding round led by Venture Catalysts and PointOne Capital.

Crypto-based lending platform Vauld raises USD 2 million for India expansion

Vauld, a cryptocurrency-based lending and decentralised finance platform, has raised USD 2 million funding from Pantera Capital, Coinbase Ventures, CMT Digital, Gumi Cryptos Capital and LuneX Ventures. Other participants in this round include Robert Leshner- and Taun Chitra-managed Robot Ventures, CoinShares, Better Capital, New Form Capital, and IntoTheBlock CEO Jesus […]

Collaborative learning edtech platform Krayonnz raises INR 1 Crore led by GSF Accelerator

Vedarsy Technologies Pvt Ltd, a peer to peer collaborative learning edtech startup, has raised INR 1 crore as part of a pre-seed round of funding led by GSF Accelerator.

Agritech startup Aqgromalin raises INR 2 Crore from angel investors

Agritech startup Aqgromalin, has raised INR 2 crore from angel investors participating from the Middle East. The company aims to utilise the capital in setting up 500 micro-farms in the states of Tamil Nadu, Telangana, and Andhra Pradesh.

Former Fosun RZ partner founded virtual stock trading platform StockGro raises angel round

StockGro, a virtual stock trading platform, has raised INR 6 crore from a group of angel investors including Bounce co-founder and CEO Vivekananda Hallekere, Moglix founder Rahul Garg and Livspace co-founder Ramakant Sharma.

Healthcare startup Medfin raises Series A round led by HealthXCapital, Blume Ventures

Healthcare startup Medfin, has raised an undisclosed Series A funding round led by Singapore-based HealthXCapital and Blume Ventures. Dream Incubator and existing investor Axilor also participated in the round.