14/05/2020

Hyperlocal discovery startup Magicpin valued around USD 150 mn in new funding round

Samast Technologies , which operates hyperlocal discovery startup Magicpin, has raised INR 29.27 crore fresh funding from a clutch of investors led by Lightspeed Venture Partners.
14/05/2020

Saama Capital leads Series A funding in agri-tech startup Intello Labs

Artificial intelligence-focussed agricultural technology startup Intello Labs  has raised INR 45 crore  in its Series A funding round led by new investor Saama Capital along with global agritech funds GROW (Singapore) and SVG Ventures THRIVE (US). Existing investors Omnivore and Nexus Venture Partners also participated in this round.
13/05/2020

Innoven Capital Investing In LetsTransport’s Series B Round

Innoven Capital India Private Limited is investing around INR 1.43 Crore in tech-enabled logistics marketplace LetsTransport .
13/05/2020

Vogo is raising fresh funds in ongoing Series C round

Bengaluru-based two-wheeler rental platform, Vogo has raised an additional INR 2 Crore from Exponentially I Mobility LLP.
13/05/2020

Electric vehicle charging startup Charge+Zone raises funding from Mumbai Angels

Tecso Charge Zone , which operates electric vehicle (EV) charging startup Charge+Zone, has raised undisclosed capital from Mumbai Angels Network.
13/05/2020

Health-tech startup Doceree secures seed funding

Doceree Inc., which operates an eponymous health-technology firm focussed on physician engagement, has raised USD 1 million in its seed funding round led by Beyond Codes founder and CEO Kumar Gaurav, with participation from a group of angel investors in India and the US.
13/05/2020

Refrens raises funding from Paytm founder, others

Refrens Internet , which operates an eponymous payments, invoicing and expense management system, has raised undisclosed capital from high-profile angel investors. Paytm founder Vijay Shekhar Sharma, Shaadi.com founder Anupam Mittal were among the high-profile backers in this funding round.
12/05/2020

Microfinance company Sindhuja Microcredit raises USD 8.7 Millio in Series B from NMI and Carpediem Capital

Sindhuja Microcredit, a new generation digital and rural-focused Micro Finance Institution providing financial services to the bottom of the pyramid self-employed women entrepreneurs, has raised a Series B funding round of USD 8.7 million from Norway-based Nordic Microfinance Initiative (NMI) and Carpediem Capital.
12/05/2020

AI-based business photography firm Spyne raises pre-Series A funding

Eventila Technologies , which operates artificial intelligence-based business photography firm Spyne, has raised undisclosed  funding as part of its pre-Series A round led by AngelList, with participation from the Smile Group.
12/05/2020

Logistics-tech firm Shiprocket raises Series C funding

BigFoot Retail Solutions , which operates e-commerce-focussed logistics-technology firm Shiprocket, has raised USD 13 million  in its Series C funding round led by the US-based Tribe Capital, with other participants including InnoVen Capital and existing backer Bertelsmann India Investments.
11/05/2020

Steadview Capital invests INR 67 crore more in Nykaa

Asia-focused hedge fund Steadview Capital has invested an additional INR 67 crore in online beauty retailer Nykaa.
11/05/2020

Medical advice platform DocsApp scores cash injections from Fusian Capital, others

Phasorz Technologies, which operates medical consultation platform DocsApp, has raised USD 9.6 million in funding led by Fusion Capital. Bessemer Venture Partners (BVP) India, Rebright Partners and Milliways Fund has also participated in the round.
11/05/2020

Impact investor Caspian’s debt arm raises funding from US International DFC

Digital corporate lending financial services firm Caspian Debt has raised USD 20 million as long-term debt from the US International Development Finance Corporation (USIDFC), an arm of the US government that provides finance to impact-oriented projects.
11/05/2020

Space-tech startup VestaSpace secures funding from Next Capital

VestaSpace Technology, which operates a space-technology startup focussed on providing small and medium businesses with access to satellites, has raised USD 10 million in funding from Next Capital, US-based investment management and advisory services firm.
11/05/2020

Ratan Tata invests in Generic Aadhaar to bring affordable medicines to masses

Ratan Tata, has  invested an undisclosed amount in pharmaceutical venture Generic Aadhaar. It follows a pharmacy-aggregator business model sourcing generic drugs directly from the manufacturer and providing it to the retailers, thereby cutting out the middlemen completely and delivering medicines to masses at a much lesser cost.
11/05/2020

Fintech firm LoanAdda bags funding from ah! Ventures, others

Aadventure Infotech , which operates small-ticket loans-based financial technology firm LoanAdda, has raised undisclosed funding from ah! Ventures, the Mumbai-based investment manager and platform. PRAAK Investments and Ahmedabad-based Ratnaafin Group also participated in the funding round.
08/05/2020

Voicebot startup for enterprises Vernacular.ai raises Series A funding

Vernacular.ai, which offers a multilingual artificial intelligence (AI) platform for businesses, has raised USD 5.1 million  in its Series A round of funding led by Exfinity Ventures and IAN Fund.
06/05/2020

Agri-tech startup Clover raises debt funding from Alteria Capital

Clover Ventures, which operates an agricultural-technology firm focussed on providing greenhouse-grown fresh produce, has raised INR 7 crore in debt funding from Alteria Capital.
06/05/2020

Health-tech platform Phable collects pre-Series A cheque

Early-stage investor Inflection Point Ventures has led a USD 1 million pre-Series A round of funding in mobile-first healthcare services platform Phable.
05/05/2020

Classplus raises USD 9 Million to grow its Shopify-like platform for teachers and coaching centers in India

Edtech startup Classplus has raised USD 9 million in its Series A financing round led by RTP Global. Existing investors Blume Ventures, Sequoia Capital India’s Surge, Spiral Ventures, and Strive also participated in the round.
05/05/2020

Jio Gets INR 5,655 Crore Investment From PE Giant Silver Lake

Mukesh Ambani-led Reliance’s Jio Platforms, raised an additional INR 5,655 Crore from private equity firm Silver Lake at an equity value of INR 4.90 Lakh Crore and an enterprise value of INR 5.15 Lakh Crore.
05/05/2020

Payment solutions firm Mintoak raises INR 15 cr in pre-series A from Pravega Ventures

Mintoak, a Mumbai based merchant payments solutions company, set up by former top officials of Visa, has raised close to INR 15 crore in a pre-Series A round of fund raise led by Pravega Ventures.
05/05/2020

Children-focused snacks startup Lil’ Goodness secures seed funding

Happytizers, a Bengaluru-based company that sells snacks for children under the Lil’ Goodness brand, has raised INR 5 crore in its seed round of funding led by Beyond Next Ventures (BNV), a Japanese venture capital fund.
05/05/2020

Rooter bags USD 1.7 million in new funding round

Sports fan engagement platform Rooter has raised USD 1.7 million in a fresh funding round led by Paytm, Adidas family-backed leAD Sports, Rockstud Capital, and Founder Bank Capital—the early-stage arm of RB Investments.
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