19/06/2018

Chinese recommerce giant Aihuishou backs used gadgets marketplace Cashify

Cashify, an online platform for selling used electronics, raised undislosed amount from Chinese recommerce giant Aihuishou.
19/06/2018

Sequoia-backed MobiKwik buys into data science startup Pivotchain

Digital payments firm One MobiKwik Systems Pvt Ltd has invested INR 2 crore (USD 294,000) in Pune-based data science company Pivotchain Solutions Technologies Pvt Ltd.
18/06/2018

Edtech startup Unacademy may soon raise USD 30 million funding

Bengaluru-based edtech startup Unacademy may soon raise USD 25-30 Million in Pre Series A funding round led by Sequoia Capital India and other investors.
18/06/2018

SeaLink buys out OrbiMed from Surya Children’s Medicare, injects fresh funds

Mid-market private equity firm SeaLink Capital Partners has invested INR 200 crore in mother- and child-care company Surya Children’s Medicare Pvt Ltd.
18/06/2018

Helix Investments backs cybersecurity firm Network Intelligence

Cybersecurity specialist Network Intelligence (NII) has raised INR 33 crore in fresh capital from private equity firm Helix Investments.
18/06/2018

Packaged foods firm EGK raises pre-seed money

EGK (Everyday Gourmet Kitchen) Foods Pvt Ltd, which sells packaged crispy fried onions, has raised INR 2 crore (around USD 300,000) in its pre-seed round of funding from a Nashik-based wealthy individual.
18/06/2018

Crowdfunding platform 1Crowd backs smoothies brand

Smoodies, which makes fruit and vegetable smoothies, has raised USD 500,000 in a pre-Series A round of investment from equity crowdfunding platform 1Crowd.
15/06/2018

YES Bank goes sector agnostic, launches YES SCALE acceleration programme

After the successful graduation of the second cohort of YES Fintech, YES Bank has diversified its interests beyond fintech, launched YES SCALE — a multi-sector acceleration programme
15/06/2018

Zomato invests USD 15 million in Loyal Hospitality

Restaurant listings and food delivery firm Zomato has invested USD 15 million in Bengaluru-based Loyal Hospitality
15/06/2018

Ad-for-equity investor BCCL backs interior design solutions marketplace HomeLane

Six months after raising USD 10 million, interior design solutions marketplace HomeLane has struck an INR 24 crore deal with Brand Capital, the ad-for-equity investment arm of media firm Bennett, Coleman and Company Ltd (BCCL).
15/06/2018

Angel investor backs digital media startup Pixr8

Pixr8 Media LLP, which runs business news portal Pixr8 News, raised INR 25 lakh (USD 37,000) in seed funding from an unnamed angel investor.
14/06/2018

Bharat Forge invests USD13.3 million to develop EV solutions

Auto components major Bharat Forge Ltd has done the strategic investment of USD 13 Mn in UK-based electric powertrain solutions provider Tevva Motors.
14/06/2018

China’s Fosun International to now back early stage Startups in India

Shanghai-based, Chinese investment company Fosun International is planning to back the early stage startups in the country.
14/06/2018

WeWork is raising funds at USD 35 billion value according to Softbank

WeWork Cos is seeking to raise funds at a USD 35 billion valuation that would place the co-working startup above companies like Airbnb and SpaceX.
14/06/2018

Truecaller buys Indian mobile payments startup Chillr

Stockholm-based Truecaller, owned by True Software Scandinavia AB acquired Mumbai-based mobile payments start-up Chillr (Backwater Technologies Pvt Ltd) for an undisclosed amount.
13/06/2018

Paytm Mall bags the last tranche of USD 445 million funding from SoftBank, Alibaba

After receiving the commitment of USD 445 million from SoftBank and Alibaba, Paytm Mall has received the final tranche of USDS 225 million from both its investors.
13/06/2018

Micro delivery startup DailyNinja raises USD 3 million funding from Saama, Sequoia Capital

Bengaluru-based hyperlocal subscription-based delivery startup DailyNinja has raised USD 3 million from Saama Capital and existing investor Sequoia Capital
13/06/2018

Mutual funds investment platform Nivesh gets USD 444,000 seed funding

Nivesh,com, a Noida-based mass market mutual funds investment platform, has secured seed funding of INR 3 crore through a clutch of investors including Google India MD Rajan Anandan and ex-Infosys global sales head Basab Pradhan
13/06/2018

NirogStreet bags USD 300,000 seed funding from Spiral Ventures, others

NirogStreet, a healthcare startup that is creating a community of Ayurveda doctors, has raised USD 300,000 as seed funding from early-stage Japanese venture fund Spiral Ventures, Internet and Mobile Association of India president Subho Ray and Samir Kumar, director of derivatives at Deutsche Bank in Singapore
13/06/2018

FabIndia founder backs Wow! Momo

William Bissell, managing director of ethnic products brand Fabindia, has invested INR 3-4 crore in in Kolkata based quick-service restaurant chain Wow! Momo
13/06/2018

Axilor to make early-stage bets from new USD 30 million seed fund

Axilor Ventures, the early-stage investment firm and accelerator led by Infosys founders Kris Gopalakrishnan and SD Shibulal, has launched an INR 200 crore (around USD 30 million) seed fund
12/06/2018

Rannvijay Singh invests in What’s Up Life, becomes Brand Ambassador

Gurugram-based online lifestyle media platform What’s Up Life has raised undisclosed amount of funding from actor and television personality Rannvijay Singh Singha, who also joins as the Brand Ambassador.
12/06/2018

JD,com in talks to invest in Shadowfax’s USD 25 million funding round

Chinese e-commerce major JD,com is in talks to participate in Indian B2B logistics platform Shadowfax‘ Series C round of funding.
12/06/2018

Ascension Ventures partners Unicorn India to launch Indo-UK fund

London-based early stage venture capital firm Ascension Ventures has partnered with Unicorn India Ventures to launch a cross-border UK-India Enterprise Investment Scheme (EIS) Fund.
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