20/01/2022

Teenager fintech startup Fyp acquires edtech startup Edunify

Fyp, a neobank for teenagers, has acquired edtech startup Edunify as part of its expansion plans. With this acquisition, the company aims at expanding its user base through school tie-ups pan India.
20/01/2022

Reloy raises INR 5 crore in strategic pre-series A funding round led by IPV

Real estate digital amenities provider Reloy has raised Rs 5 crore in a strategic pre-Series A round led by Inflection Point Ventures, Fawkes Fund, family office of Greenpanel & Greenlam, and a few prominent angels.
20/01/2022

Fintech platform Finsall raises INR 12 crore in pre-series A funding

Insurance-focused fintech platform Finsall, has raised INR 12 crore in a pre-Series A round from its existing investors – Unicorn India Ventures and SEA Fund, along with a clutch of other investors. Finsall is an end-to-end technology process for insurance premium financing. They have built a multi-lender platform for banks […]
19/01/2022

Recruitment startup Kula raises USD 2.7 million from Girish Mathrubootham’s fund, others

Recruitment automation platform Kula, has raised USD 2.7 million in funding from Venture Highway, Together Fund, and Global Founders Capital. Kula is a recruitment platform that widens the talent pool by unifying all sources and automating the candidate outreach and engagement.
19/01/2022

Reliance invests USD 132 Million in robot maker Addverb Technologies

Noida-headquartered robotics and automation solutions provider Addverb Technologies, has raised USD 132 million from Reliance Industries Limited in a strategic round of funding. Reliance will hold around 54% stake in Addverb, becoming a strategic partner.
19/01/2022

Fintech startup Scripbox raises USD 21 Million in Series D round led by Accel Partners

Online wealth manager Scripbox has raised USD 21 million in debt and equity, in a funding round led by Accel Partners. Transpose Platform, DMI Alternative Investment Fund through The Sparkle Fund, InnoVen Capital, Trifecta Capital, KPB Family Trust, Kube VC, and YY Capital LLC also participated in this round.
19/01/2022

Refurbished electronics startup Qarmatek raises USD 3 Million led by GVFL, Caspian Debt

Qarmatek Services Pvt. Ltd., a refurbished and renewed electronics category, has raised USD 3 million in a funding round led by GVFL and Caspian Debt. Qarmatek began as a B2B electronics repair and refurbishment partner for major device manufacturers. They started by repairing set-top boxes and their remote controls for […]
19/01/2022

Chiratae Ventures leads USD 3.2 million round in HUVIAiR

HUVIAiR Technologies, has raised USD 3.2 million as a part of its Series A funding led by Chiratae Ventures. The round also saw participation from SOSV, RMZ Management LLP and Artesian Venture Partners. HUVIAiR offers remote monitoring and management software for construction projects.
19/01/2022

AppX racks up USD 1.3 million in funding led by YCombinator

Online solutions provider to creators, AppX has raised USD 1.3 million in a new funding round led by YCombinator, Global Founders Capital, and Rocket Internet. Other investors who participated as part of the round include Soma Capital, Shrug VC, former AirBnB product lead Lenny Rachitsky James Beshara as well as […]
19/01/2022

Dozee raises INR 71 crore in funding round led by ace techie Gokul Rajaram

Remote health management startup, Dozee, has raised INR 71 crore in an additional funding round led by Gokul Rajaram, Product and Business Helper at Doordash. The round also saw participation from existing investors, including Prime Venture Partners, 3one4 Capital, YourNest, among other angel investors.
19/01/2022

Aerostrovilos Energy secures INR 3.5 crore as part of its seed round

Aerostrovilos Energy, an IIT Madras-incubated organization, has raised a seed round of funding of INR 3.5 crore from Tube Investment of India, a Murugappa Group Company. Aerostrovilos Energy is building an MGT-based powertrain solution for heavy-duty trucks and power generation at reduced costs.
19/01/2022

Edustoke secures INR 3 Crore in seed round

Edustoke, an online platform in preschool to K 12, has raised Rs3 crore in its seed round from Indus Initiatives. Edustoke offers end-to-end information about schooling options to parents. It also enables financing options for the parents if required.
19/01/2022

Edtech firm MyCaptain nets USD 3 million in Ankur Capital-led round

MyCaptain, a city-based online mentoring startup, has raised $3 million as a part of its pre-Series A funding led by Ankur Capital. The round also saw participation from Inflection Point Ventures (IPV), Firstport ventures and IIM-CAN – a network of alumni of IIM Calcutta.
18/01/2022

nCORE Games raises USD 10 Million in Series A round

Bengaluru-based gaming startup nCORE Games, has raised USD 10 Million in a Series A round which was co-led by Galaxy Interactive and Animoca Brands. Polygon and HyperEdge also participated in the round along with Amitabh Singhal, Sandeep Naiwal, Kanwaljit Bombra, Ashish Chand, among others. nCORE Games intends to expand its […]
18/01/2022

Tiger Global, Steadview others bet USD 75 million on investment platform INDmoney

INDmoney, an investment management platform operated by Finzoom Investment Advisors Pvt Ltd, has raised USD 75 million as a part of its Series D funding round, from Steadview Capital, Tiger Global Management, and Dragoneer Investment Group.
18/01/2022

D2C fashion platform Cloud Tailor raises capital

Cloud Tailor, a direct-to-consumer platform that enables personalised women’s fashion, has raised USD 1 million (around Rs 7 crore) in a pre-series A funding round led by 35North Ventures along with MergerDomo.
18/01/2022

Student housing-focused Your-Space raises USD 10 million

Your-Space, a student housing company, has raised uSD 10 million in a Series A funding round led by Shantanu Rastogi, Managing Director of personal investment firm General Atlantic, and Ajay Gupta of Capital Foods’ family office. The round also saw participation from AJAX Capital, Holy Basil Consultancy Pvt Ltd, Manish […]
18/01/2022

Grain commerce platform Arya.ag raises USD 60 million from Asia Impact SA, others

Noida-headquartered integrated grain commerce platform Arya, has raised USD 60 million in a Series C round of funding in a mix of equity and debt. The USD 44 million equity component was led by Asia Impact SA and returning investors Lightrock India and Quona Capital. The debt funding round was […]
18/01/2022

Chingari raises USD 15 million in Series A extension round led by Republic Capital

Tech4Billion Media, which operates video-sharing platform Chingari, has raised an additional USD 15 million in an extended Series A round led by Republic Capital. The round saw participation from Onmobile, JPIN Venture Catalysts, Hill Harbour, Angellist, Venture Collective, Makan Family, Cowa Ventures, MVC Friends, Protocol Labs and other family offices.
18/01/2022

NewsReach Raises Undisclosed Funding

NewsReach, an Ahmedabad-based digital media tech startup, has raised undisclosed funding. A consortium of investors like JITO Angel Network, Beyond Partners, CIIE initiative startup oasis and a few HNIs. NewsReach is serving the content creators and vernacular publishers in the creator economy domain with unparalleled demand.
17/01/2022

Tata Capital Fund invests USD 10 million in ZingHR

ZingHR. a cloud based human resource management software and payroll solutions, has raised USD 10 million from Tata Capital Growth Fund. With this investment, Tata Capital’s private equity arm will own a 33% stake in the company.
17/01/2022

Heaps Health Solutions raises USD 7.45 million in Series A round

Artificial intelligence-driven healthtech startup Heaps Health Solutions has raised USD 7.45 million in Series A funding round led by NVS Wealth Managers. Heaps, a network-as-a-service provider that offers AI-based patient engagement platforms to insurers, hospitals and corporations.
17/01/2022

Electric commercial vehicle startup EVage gets funds from RedBlue Capital

Indian all-electric commercial original equipment manufacturer EVage, has raised USD 28 million from the US-based venture capital firm RedBlue Capital. EVage has developed a platform for industry-ready electric vehicles that exceed the quality of comparable options available in India and other emerging markets at far lower costs, passing on the […]
17/01/2022

Flipkart acquires electronics recommerce firm Yaantra

Flipkart Group has acquired electronics recommerce firm Yaantra to enhance its after sale offerings for its consumers in the smartphone segment. The company did not disclose size of the deal. Yaantra, repairs and sells refurbished consumer tech products such as smartphones and laptops.
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