04/05/2020

LoadShare raises INR 100 crore from Beenext, others

Tech-enabled logistics platform LoadShare has raised INR 100 crore, led by Beenext with participation from CDC Group and existing investors Stellaris Venture Partners, Matrix Partners and venture debt fund Alteria Capital.
04/05/2020

MetaMorphoSys Gets Backing From US Fund For Southeast Asia Expansion

Pune-based B2B insurance tech startup MetaMorphoSys has raised an undisclosed amount of funding from California-based early-stage VC fund Good Capital in a pre-series A round. Rahul Khanna, Cofounder and MD of venture debt fund Trifecta Capital also participated in the round.
01/05/2020

Inflection Point Ventures bets on ed-tech startup Pedagogy

Ahmedabad based Ed-tech startup Pedagogy has raised INR 3 crore funding from Inflection Point Ventures (IPV).
01/05/2020

Tencent leads Series C funding in self-publishing startup Pratilipi

Nasadiya Technologies, which operates vernacular self-publishing firm Pratilipi, has raised INR 70.68 crore in its Series C funding round. The round has been led by Chinese conglomerate Tencent, with participation from firms including Omidyar Network, Bennett Coleman & Co Ltd (BCCL), Shunwei Capital and Nexus Venture Partners.
01/05/2020

Medical devices maker Consure raises funding from Accel, others

Medical devices maker Consure Medical has raised INR 3.61 crore in funding from Accel Partners and Jayesh Arvind Parekh, who is the managing partner at the Singapore-based Jungle Ventures
30/04/2020

ShopX raises INR 10.6 Crore from existing investor Li and Fung, former Crompton Greaves chairman

Bengaluru-based B2B ecommerce startup ShopX has raised INR 10.67 crore from Rajesh Ranavat, MD of its existing investor and shareholder Fung Group’s investment arm FX Pte Ltd, Li and Fung, and his wife Sandhya Ranavat. The round also saw participation from Kewal Krishnan Nohria, the former Chairman of Crompton Greaves.
30/04/2020

Mysun raises INR 32 crore from existing investors to fund expansion

New Delhi-based solar rooftop technology platform Mysun raised INR 32 crore from its existing investors in a structured equity deal as a part of its pre-series round A funding.
30/04/2020

Fintech startup NIRA raises pre-Series A funding

Shuhari Tech Ventures, which operates the blue- and grey-collar worker-focussed financial technology startup NIRA, has raised USD 2.1 million in its pre-Series A funding round from existing and new angel backers in the UK, Europe and India.
30/04/2020

Venture Catalysts invests in edtech startup Qin1

Venture Catalysts, an integrated incubator and accelerator platform, has invested an undisclosed amount in edtech startup Qin1.
30/04/2020

SARVA raises funds from Mantra Capital

SARVA, a yoga and wellness company, is all set to accelerate its digital footprint with undisclosed funding received from US-based VC Fund Mantra Capital, along with a financial contribution from the Patni Family.
29/04/2020

Digital media startup NewsBytes raises USD 1.5 Million led by North Base Media

Gurugram-based NewsBytes, owned by Elysium Labs, has closed a Series A round of almost USD 1.5 million, led by North Base Media, a global venture capital firm specialising in media.
29/04/2020

Consure Medical has raised INR 3.6 Crore from Accel Partners

New Delhi-based, healthtech startup Consure Medical has raised INR 3.6 Crore from Accel Partners and Jungle Ventures’ Jayesh Arvind Parekh.
29/04/2020

Tessol Raises INR 1.2 Crore Series A Funding

Mumbai-based cold chain logistics startup Tessol has raised INR 1.2 Crore in Series A round led by 1Funds Domestic Scheme 1 with the participation of angel investors.
29/04/2020

Contactless shopping startup Wagonfly raises funding

Wagonfly Smart Shopping Solutions, which provides contactless shopping and delivery experience, has raised approximately INR 3.81 crore in funding from ITI Growth Opportunities Venture Fund.
29/04/2020

Circulate Capital fund invests in plastic recycling firm Lucro

Circulate Capital, the Singapore-based investment management company, has invested an undisclosed amount in Mumbai-based plastic recycling firm, Lucro Plastecycle Pvt Ltd.
29/04/2020

Better Capital-backed fitness platform Fittr raises pre-Series A funding

Squats Fitness, which operates online fitness portal Fittr, has raised USD 2 million in its pre-Series A funding round from Surge the accelerator program operated by Sequoia Capital India.
28/04/2020

Mumbai Angels Network backs investment tech startup AsknBid

Bengaluru-based investment tech startup AsknBid has raised an undisclosed amount of funding from Mumbai Angels Network and other angel investors. The investment was led by Ravikanth Reddy, Partner, Regentway Ventures.
28/04/2020

PhonePe Gets USD 28 Million Top-Up From Flipkart As Digital Payments Take A Hit In Pandemic

In a fresh round of capital infusion, Walmart-owned ecommerce major Flipkart has pumped in USD 28 Million to PhonePe’s Singapore-based parent entity.
28/04/2020

SaaS-based community management platform Convosight raises pre-Series A funding

Convosight, a software-as-a-service (SaaS) platform which allows Facebook community admins to manage their groups, has raised USD 4 million in its pre-Series A round of funding from IvyCap Ventures and Sequoia Capital’s accelerator program called Surge.
27/04/2020

Bira 91 Parent Bags USD 20 Million Amid Dry Spell

Delhi-based craft beer maker B9 Beverages, the parent company of Bira 91, has raised USD 20 Million bridge funding in Pre-Series C round led by existing investors Sequoia Capital India and Belgium’s Sofina Capital.
27/04/2020

SaaSBOOMi Sets Up Debt Fund To Support SaaS Startups Through Crisis

The SaaSBOOMi community has announced a debt fund for SaaS startups affected by the coronavirus pandemic. This debt fund will be structured as revenue financing, where startups will repay the borrowed funds out of their revenue, on a monthly basis.
27/04/2020

SoftBank Will Deploy Unspent Vision Fund Corpus In Indian Startups

Japanese multinational conglomerate SoftBank, with USD 13 Billion left in its corpus for the SoftBank Vision Fund, has been in talks with 15-20 companies to strike new deals in India. SoftBank Vision Fund I and II are both interested in buying secondary positions from early-stage investors who are wanting to […]
27/04/2020

Snapdeal founders back water purifier startup Drink Prime

Water purifier startup Drink Prime has raised over INR 3.6 crore as part of its seed round of funding from a clutch of investors including Snapdeal founders Kunal Bahl and Rohit Bansal.
27/04/2020

IoT-based wireless access control startup Spintly raises pre-Series A funding

Internet of Things (IoT) startup Spintly has raised INR 1.9 crore in its pre-Series A round of funding led by US-based angel investors and Goa-based venture accelerator Saltwater Venture Sparks.
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