01/02/2017

Register My Marriage raises seed funding from Mumbai Angels

Delhi-based marriage registration portal RegisterMyMarriage has raised an undisclosed amount of funding from angel investor network Mumbai Angels in a seed round. The funding will be utilized to expand its registration services to wills, divorces, birth certificates, income certificates, etc.
31/01/2017

OneLoyalCard acqui-hires real-time restaurant deal provider Pocketin

Noida-based Pocketin, a real-time restaurant deal startup, has been acqui-hired by online restaurant reservation portal, OneLoyalCard. Pocketin’s entire team along with its co-founders will join OneLoyalCard. The move is aimed at strengthening latter’s technology and expansion plans across India. OneLoyalCard plans to expand in six cities by the end of […]
30/01/2017

IDG Ventures India closes INR 1,360 Crore fund

IDG Ventures India, which counts Ratan Tata and Infosys cofounder Kris Gopalakrishnan as its advisors, is about to close its third country-focused fund of $200 million (INR 1,360 crore) in a fund-raising that may attract World Bank arm International Finance Corp (IFC).IFC is looking to invest about $20 million in […]
30/01/2017

MyDidi acquires TimeMyTask, merged entity valued at $15 million

On-demand cleaning services provider MyDidi has acquired peer TimeMyTask in an all-stock deal. The Mumbai-based company will absorb all the employees and the technology stack of TimeMyTask through this deal, which values the merged entity at $10-15 million.
30/01/2017

Healthcare startup Yolo Health raises INR 1.6 Crore from Chandigarh Angels Network

Chandigarh Angels Network has invested $235,000 in Mumbai-based healthcare startup Yolo Health. Yolo Health, run by Health ATM India Pvt Ltd, provides a walk-in kiosk with medical devices and staffed by a medical attendant. The focus will to to strength the existing product and technology capabilities to deliver better virtual […]
26/01/2017

AP launches INR 100 Crore fund of funds to prop fintech startups

Having identified fintech as a promising space to generate jobs, Andhra Pradesh announced a INR 100 crore fund of funds to invest in startups in this area. INR 100 crore will be put in initially for a fund of funds which will be managed professionally by a venture capital firm to […]
26/01/2017

Gaming startup 99Games raises funding from Japanese investment firm Dream Incubator, others

Japanese investment firm Dream Incubator which has made its debut investment in India, has led an undisclosed funding round in Udupi-based gaming startup 99Games, accompanied by existing investors Kalaari Capital and Ascent Capital. The funding will be utilized for user acquisition purposes for global games and to build games for the […]
26/01/2017

Healthcare platform Airmed raises INR 10 Crore from Brand Capital

Airmed Path Labs, a home-service health-test platform, has raised about INR 10 crore from Bennet, Coleman and Co Ltd’s (BCCL) investment arm Brand Capital to help fund its expansion and strengthen its brand. The funding will be utilized to increase brand salience and brand awareness to widen customer base and […]
26/01/2017

Impact investor Aavishkaar-Intellecap Group raises $25 Million

Impact investment firm Aavishkaar-Intellecap Group has raised $25 million (about INR 170 crore) in an equity funding round led by Triodos Investment Management and Shell Foundation. The capital will be utilized to consolidate and expand its bouquet of ecosystem building businesses. 
26/01/2017

Nudge Foundation to invest $7.3 Million via incubator for non-profit startups

Nudge Foundation, which is backed by Infosys co-founder Nandan Nilekani, Tata Trusts and other industry heavyweights, has launched N/Core, an incubator for non-profit startups working towards poverty alleviation.  Through N/Core, Nudge will invest more than INR 50 crore over the next five years to incubate and support over 100 non-profit […]
26/01/2017

Wishberry raises additional funding from iSPIRT’s Sharad Sharma, Google’s Anandan

Mumbai-based Wishberry Online Services Pvt Ltd, which runs and operates crowdfunding platform Wishberry for creative artists, has raised an undisclosed amount in pre-Series A funding led by iSPIRT’s Sharad Sharma. Wishberry claims to have raised more than INR 10 crore ($1.5 million) from over 350 crowdfunded projects spanning films, music, theatre, […]
25/01/2017

Endiya Partners raises $25.6 Million for maiden fund

Hyderabad-based Endiya Partners, an early stage venture capital firm, has raised INR 175 crore for its first fund, most of it from four family offices in India and three financial institutions. The fund has already invested in four companies including mobile application platform for developers Hansel, HR software as a […]
25/01/2017

Travelyaari co-founder, former Ventureast exec to float seed fund

The domestic fund to be floated by Arjun Rao, who quit Travelyaari in 2015, and Vishesh Rajaram will have initial capital of $15 million (around INR 100 crore). The fund will make seed investments of INR 1-2 crore ticket size.
25/01/2017

SaaS venture Loyalty Prime raises funding from Germany-based funds Senovo, UVC

Software-as-a-Service (SaaS) platform Loyalty Prime has secured a Series A round of funding from a consortium of investors, including Munich-based early stage fund Senovo, Unternehmertum Venture Capital (UVC) and angel investor Alexander Bruehl. The funding will be utilized to expand its business across Europe, the US and Asia in a […]
25/01/2017

SaaS start-up Betaout raises funding from Early-stage investor East Ventures, others

Betaout Inc, a customer intelligence and marketing automation platform for e-commerce companies, has raised an undisclosed amount of funding from East Ventures and other South East Asia-based angel investors.The funding will be utilized to strengthen its operations in Indonesia and other parts of South East Asia, expand clientele, and for […]
25/01/2017

BookMyShow acquires Hyderabad-based online ticketing platform MastiTickets

Online ticketing portal BookMyShow has acquired Hyderabad-based online ticketing platform MastiTickets in an undisclosed, all-cash deal. The acquisition is largely targeting regional markets, specifically Andhra Pradesh and Telangana.BookMyShow already has partnerships with 4,000 screens across India, with 530 screens being prevalent in the Andhra Pradesh and Telangana market
25/01/2017

RML AgTech raises $4 Million in Series B funding from IvyCap Ventures

RML AgTech, a company providing agriculture support solution on mobile phones to farmers, has raised $4 million from IvyCap Ventures, a private equity firm. The funding will be utilized to strengthen the company’s IT infrastructure and to bring in new products and features on its current offerings.
25/01/2017

The Kochi Post raises first round of angel funding

The Kochi Post, run by Kochi Post Media LLP, the Kerala focussed English language online newspaper has received their first round investment from Angel Investor Rajesh Yohannan and Singapore based VC, Puthen & Cole. The Kochi Post was started in 2013 as an independent English media platform. In a short […]
24/01/2017

Mobile Social Platform For Sports Khel Now Secures $500K Funding

Mobile-based social networking platform for sports, Khel Now has received $500K in funding from Thailand-based Indochine International company.The startup plans to use the funds to expand its network and services across Southeast Asian countries. The company is also planning to add sports such as tennis, basketball, badminton and Thai martial […]
24/01/2017

NowFloats raises $10 million in a Series-B round

NowFloats, a firm which helps businesses get online, has received a funding of $10 million in a Series-B round from a clutch of investors including Iron Pillar and IIFL along with Blume Ventures & Omidyar Network.The company plans to invest the money on sharpening its technology stack that drives customer […]
24/01/2017

Last-mile logistics co LetsTransport raises INR 27 cr from Japan’s GMO

Last-mile logistics provider LetsTransport has raised INR 27 crore ($4 port has raised $4 million) in a Series-A round of funding led by Japan’s payment gateway company GMO. The round also saw participation from Neelesh Bhatnagar, former CEO of Landmark Arabia. With the current round of capital,company will be building a […]
24/01/2017

Math learning startup Cuemath raises $15 mn from CapitalG and Sequoia India

Math learning startup Cuemath  raised $15 million (nearly Rs 102 crore) in its Series B round of funding from CapitalG (formerly known as Google Capital) and existing investor Sequoia India. The company said that the funds will be used to develop its learning system and to expand to more cities […]
24/01/2017

Dell Foundation-backed IEIF invests in ed-tech startup, job portal

India Educational Investment Fund (IEIF), an early-stage impact fund established by the Michael & Susan Dell Foundation (MSDF), has invested undisclosed amounts in ed-tech firm ChipperSage and job portal Select Jobs. ChipperSage Education Pvt Ltd offers English proficiency solutions that aim to improve school students’ comprehension and communication.Select Jobs, run […]
23/01/2017

MessaGif raises $50k angel funding from ex-Google exec

MessaGif Inc, a New Delhi-based social messaging platform, has raised $50,000 angel funding from a unnamed Silicon-based angel investor.The company plans to use the proceeds raised in angel round for technology, marketing and R&D.
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