23/08/2022

Fintech Startup EarlySalary Raises USD 97 Million From TPG Growth, Norwest Capital

Pune based Fintech Startup EarlySalary raises USD 97 Million from TPG Growth, Norwest Capital. The funding round also saw participation from Piramal Capital and Housing Finance Limited
23/08/2022

Rivigo Kicks Off Series H Round For Funding

Trucking logistics firm Rivigo raised INR 16 Cr in a Series H round led by existing investors Elevation Capital and Warburg Pincus affiliate Spring Canter Investment.
23/08/2022

B Capital Leads USD 20.6 Million Series A Round In Healthtech Startup Mojocare

Healthtech startup Mojocare has raised USD 20.6 Million in a Series A funding round led by B Capital Group. The round also saw participation from existing investors Chiratae Ventures, Sequoia India’s Surge and Better Capital with angel investors like Vineet Jain (Times Group), Kunal Shah (Cred), Ankit Nagori (Curefoods), Adrian […]
22/08/2022

Surge Announces 7th Cohort With 15 Indian, Southeast Asian Startups

Surge, the Sequoia Capital India and Southeast Asia’s rapid-scale up program, has announced the launch of its seventh cohort comprising 37 founders across 15 early-stage startups. The seventh cohort includes vertical software-as-a-service (SaaS) company Attentive, fintech platform enabling frictionless payment experience for sellers and shoppers Beam, design-to-build automation platform Boxs, […]
22/08/2022

Webnyay has raised undisclosed capital in a seed funding round

Chandigarh-based grievance redressal firm Webnyay Pvt. Ltd has raised undisclosed capital in a seed funding round led by Inflection Point Ventures, with participation from SucSEED Innovation Fund. The platform plans to deploy fresh proceeds for product scaling, building AI and machine learning, and NLP capabilities, boosting security, and enhancing the […]
22/08/2022

Supply Chain Firm Magma Raised USD 515 K in Pre Seed Round

Cross border business-to-business (B2B) supply chain enablement startup Magma has secured USD 515,000 in a pre-seed funding round led by WEH Ventures. The round also saw participation from All in Capital, PointOne Capital and Angelist India, with marquee angels including Revant Bhate (co-founder at Man Matters), Subin Mitra and Pratik […]
19/08/2022

The Health Factory has secured seed capital of INR 2 Cr from Venture Garage

Mumbai-based direct-to-consumer (D2C) brand The Health Factory has secured seed capital of INR 2 Cr from Venture Garage, Happilo founder Vikas Nahar and other marquee angels. Company will use the funds raised to scale operations and manufacturing processes and improve our IT infrastructure
19/08/2022

Lending Finverv has raised USD 600 K round led by Antler India

Lending infrastructure startup Finverv has raised USD 600 K as a part of its pre-seed funding round led by Antler India. The round also saw participation from Force Ventures, Asan Ventures, Luckbox Ventures and angels including Ashish Taneja (GrowX Ventures), Anuj Khosla (CEO, Hitachi Payments), Nitin Gupta (CEO, Uni Cards), […]
19/08/2022

Coffeee.io has secured pre-seed funding of INR 4.7 Cr from a clutch of angel investors and networks.

Tech recruitment platform Coffeee.io has secured pre-seed funding of INR 4.7 Cr from Supermorpheus, Lets Venture, Kunal Shah (founder at Cred), Prabhu R (founder at M2P), Amit Lakhotia (founder at Park+), Vikas Garg (CFO at Paytm), Pratekk Agarwal (ex-Bharatpe, serial entrepreneur), Chinmaya Sharma (partner at Info Edge) and Rameez Menon […]
19/08/2022

Keiretsu Forum, Virya Mobility 5.0 Co-Lead Seed Round In Electric Tractor Firm

Mumbai-based electric tractor startup AutoNxt Automation has secured seed funding of INR 6.4 Cr co-led by Keiretsu Forum and Virya Mobility 5.0. The round also saw participation from angel investors including Chand Das (former CEO at ITC), Nitin Johar (CFO for IDO at Government of Ras Al Khaimah) and Suveer […]
19/08/2022

Open English Acquires Learning App Enguru

Miami-based online learning firm Open English has made its first bet in India with the acquisition of Bengaluru-based mobile language-learning app Enguru for an undisclosed amount in a share swap deal.
19/08/2022

Edtech Company Sunstone Bags USD 35 Million In Series C

Edtech startup Sunstone Education Technology has raised USD 35 Million in its Series C funding round led by WestBridge Capital. Alteria Capital also participated in the round. Sunstone is planning to utilize the fresh funds to expand its presence from the current 35+ cities to 100 cities across India.
19/08/2022

Fundamentum Partnership Raises USD 227 Million For Its Second Fund

Fundamentum Partnership, floated by Infosys co-founder Nandan Nilekani and Helion Ventures co-founder Sanjeev Aggarwal has raised USD 227 Million for its second early-growth stage fund . The fund will be backing 4-5 startups each year, it plans to lead or co-lead USD 25-40 Million rounds.
18/08/2022

Shiprocket Turns Unicorn, The First One In Nearly A Month

Logistics platform Shiprocket became the latest entrant in the much-coveted unicorn club after raising INR 260 Cr in fresh capital by existing investors Temasek Holdings and Lightrock India. The round pushed the company’s valuation to USD 1.2 Billion.
18/08/2022

PhysicsWallah Marks First Acquisition After Becoming Unicorn

Edtech unicorn PhysicsWallah backed by marquee investors like Westbridge and GSV Ventures, has acquired Jaipur-based doubt-solving and resource management startup, FreeCo for an undisclosed amount. This marks the Noida-based company’s first acquisition after turning unicorn in June
18/08/2022

Flipkart To Invest In 6 Early-Stage Startups Via Venture Arm

Walmart-owned Flipkart will be investing in six startups via its USD 100 Million venture fund, Flipkart Ventures. The six startups – Dopplr, Livwell, LogisticsNow, NeuroPixel.AI, Rightbot Technologies, and Sellerapp – will receive an equity investment of up to USD 500,000 from the e-commerce player. The investment will be a part […]
18/08/2022

Lending Platform Abhi Loans Raises Fresh Funding

KNAB Finance Advisors, a non-banking financial company has raised USD 4.5 Million in a mixture of debt and equity for its digital lending platform, Abhi Loans led by DMI Sparkle Fund and with participation from angel investors Niten Malhan, Ashvin Chadha and SK Jain.
18/08/2022

Axilor, Foundamental Lead Prolance’s Pre-Series A Round

Automation platform Prolance Services has raised USD 2 Million in Pre-Series A round led by Foundamental and Axilor. Other investors who participated in the funding mop-up include Arali Ventures and Force Ventures.
17/08/2022

Ankur Capital Invests In Agri Insurtech Startup IBISA’s Seed Round

Early-stage venture capital (VC) fund Ankur Capital has invested an undisclosed amount in Luxembourg-based agri insurtech startup IBISA’s seed funding round. Through this partnership, Ankur Capital aims to transform the scale of available parametric insurance options in countries like India, which have a vast addressable market.
17/08/2022

Ecommerce Solutions Provider Graas Raises USD 40 Million To Scale Operations, Ramp Up Hiring

Ecommerce solutions platform Graas has raised more than USD 40 Million as part of the first close of its Series A funding round. The round was led by venture capital (VC) firm Kejora-led special purpose vehicle (SPV) Galaxy, Performa, Integra Partners, Yuj Ventures and AJ Capital.
17/08/2022

Insurtech Startup MetaMorphoSys Raises Funding To Help Businesses Launch Insurance Products

Insurtech startup MetaMorphoSys has secured USD 3 Million in its Pre-Series A funding round led by Capital 2B along with angel investors–Pavitar Singh and Dhruv Dhanraj Behl. MetaMorphoSys will use the fresh capital to develop and scale its platform, expand product offerings and grow the sales team across geographies. It […]
17/08/2022

DMI Sparkle Fund Leads USD 4.5 Million Investment Round In Digital Lending Platform Abhi Loans

A regulated non-banking financial company (NBFC) registered with the Reserve Bank of India (RBI) has raised USD 4.5 Million in a mix of debt and equity rounds for its digital lending platform Abhi Loans. The funding round was led by DMI Sparkle Fund. The round also saw participation from other […]
17/08/2022

Nazara-Backed Rusk Media Bags USD 9.5 Million+ To Build UGC-Led Social Gaming Platform

Digital entertainment startup Rusk Media has raised over USD 9.5 Million in its follow-on Series A funding round led by Seoul-based DAOL Investment and Audacity Ventures. Existing investors–InfoEdge Ventures, Mistry Ventures and Survam Partners also participated in the round.
17/08/2022

Hot Sauce Firm Naagin Racks Up Seed Funding

Naagin, a fast-moving consumer goods (FMCG) startup in the hot sauce segment, has secured over USD 1 Million as a part of its seed funding round from actor Abhishek Bachchan, Eight Innovate Fund-I, and high-net-worth individuals. The Mumbai-based firm will deploy the fresh proceeds to expand its online and offline […]
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