28/09/2021

Fin-edtech startup Akudo raises USD 4.2 million seed round from Y Combinator, others

Akudo, a learning-focused neobank for teenagers, has raised USD 4.2 million in funding led by Y Combinator, JAFCO Asia, Incubate Fund India, and AET Fund. The round also saw participation from Tribe Capital, Cabra Capital and few angels. Akudo provides personalised prepaid Visa cards to teens and promotes a financial […]
28/09/2021

Feminine hygiene brand Sanfe raises USD 1 million in Series A funding

Sanfe, a women hygiene and intimate skincare brand, has raised a fresh Series A round of USD 1 million. The participants in the investment round include, Ajay Garg, mCaffeine CEO Tarun Sharma, Arjun Vaidya, Dhimant Parekh, and others.
28/09/2021

Premier League players invest in golf performance app Upgame

Upgame, a data intelligence, practice tracking and coaching platform for golfers, has raised an undisclosed amount from Premier League players James Milner and Adam Lallana through their firm White Rose Sports Management. The round also saw Danny Conway, Andreesen Horowitz, Pawan Munjal of Hero MotoCorp, and RN Sports Management.
27/09/2021

Nodwin Gaming buys NH7 Weekender, other IPs from OML Entertainment

Home-grown electronic sports firm Nodwin Gaming has acquired the Gaming and adjacent IP (Intellectual Property) business from media and entertainment firm OML Entertainment for Rs 73 Cr.As part of the deal, Ajay Nair, Managing Director of OML Entertainment will join the gaming company’s board.
27/09/2021

Myntra Gets Fresh Infusion Of INR 492 Cr Ahead Of Festive Season

Flipkart-owned fashion ecommerce platform Myntra has received fresh capital infusion of INR 492 Cr from its parent ahead of the festive season sales.
27/09/2021

Logistics Unicorn Delhivery Raises USD 125 Million From Lee Fixel’s Addition

Logistics unicorn Delhivery has raised INR 558 Cr from Lee Fixel’s Addition LLC as part of its Series I round. This is the second investment in an Indian startup by Lee Fixel-led Addition, a USD 1.3 Billion venture capital fund launched last year
27/09/2021

Udaan Bags INR 50 Cr In Debt Round From Blacksoil

B2B ecommerce marketplace Udaan is raising INR 50 Cr in debt through multiple tranches from venture debt firm Blacksoil
27/09/2021

Mohandas Pai, Aarin Capital Partners lead pre-Series A round in 88academics India

New Delhi based 88academics, an online education provider, has secured equity financing of about USD 3 Million in a pre-Series A round led by Aarin Capital Partners and also saw participation from Piyush Gupta, Vinod Gupta, P S Jayakumar, Ramesh Swaminathan, Ajay Abrol, Prem Rajani, Akshay Gupta and N Jayakumar
24/09/2021

Agritech Startup Aqgromalin To Raise INR 38.43 Cr From Sequoia, Omnivore

Chennai-based agritech startup Aqgromalin is raising INR 38.43 Cr in a fresh round of funding from Sequoia Capital India, Omnivore and Zephyr Peacock India.
24/09/2021

Fitness Startup Fittr Raises USD 11.5 Million In Series A To Fuel International Expansion

Pune-based fitness startup Fittr (previously known as SQUATS) has raised USD 11.5 Million in a Series A round led by Dream Capital and Elysian Park Ventures. The round also saw the participation of existing investor Sequoia Capital India’s Surge whereas Ambit acted as the exclusive financial advisor to Fittr.
24/09/2021

Y Combinator Backed Corporate Card Startup Karbon Bags USD 12 Million In Pre-Series A

Bengaluru-based fintech startup Karbon Card has raised USD 12 Million in Pre-Series A round from US-based fintech unicorn Ramp. The investment round also saw participation from Rainfall Ventures, Roka Works and Y Combinator among others
24/09/2021

Veranda Acquires Edureka For INR 245 Cr To Strengthen Edtech Play

The Kalpathi AGS Group-owned Veranda Learning Solutions has acquired Edureka, a live-instructor-led online solutions provider for the IT industry. The 100% acquisition marks Chennai-based Veranda Learning Solutions’ second buyout since December 2020.
24/09/2021

Counselling platform Leverage Edu raises funds from Paytm founder, Oyo exec, others

Leverage Edu, an overseas-focused higher education counseling platform has raised an undisclosed amount of growth capital from Vijay Shekhar Sharma, Rohit Kapoor, Amanpreet Bajaj,Lalit Singh, and Mohit Garg
24/09/2021

Auntie Fung’s raises INR 3.35 Cr in angel funding and plans to open cloud kitchens

Bengaluru-based QSR startup Auntie Fung has raised USD 454,000 in an angel round led by India Angel Network. The round saw participation from Anjali Malhotra, Ajay Rajgarhia, Nitin Jain from Lead Angels, LetsVenture, and Chandigarh Angels, respectively
24/09/2021

Streaming social app Frenzi raises seed round from SucSEED Indovation Fund

Frenzi, a streaming social app has secured an early-stage investment from SucSEED Indovation Fund as part of its seed round
24/09/2021

EV Plugs raises funds to expand EV charging network coverage in 150 plus cities

EV Plugs, a charging station aggregator has raised USD 150,000 in a round led by family and friends. The company will use the funds to expand EV charging network coverage in 150 plus cities
24/09/2021

Equity management platform Rulezero closes seed round at USD 2.5 Million

RuleZero, an equity management platform has raised USD 2.5 million in a seed round from US-based fintech fund The Treasury, employees of Valiant Capital, YourNest Venture Capital, Blume Founders Fund, and a few angel investors
24/09/2021

My3DSelfie raises Pre Series A round from NEDFi

My3DSelfie, a 3D digital asset company has raised an undisclosed amount in a pre-Series A round led by NEDFi Ventures through its North-East Venture Fund and AccelNest
24/09/2021

SME-focused CredRight raises INR 20 Cr from 9Unicorns, Venture Catalyst, others

Hyderabad-based fintech startup CredRight Pvt Ltd has raised INR 20 Cr in a new financing round from 9Unicorns, Spearhead Capital, Venture Catalyst and also saw participation from existing investors YourNest, Accion Venture Labs, and angels.
24/09/2021

Early-stage SaaS-focused Pentathlon Ventures closes maiden fund at USD 10 Million

Pentathlon Ventures, an early-stage B2B SaaS-focused venture capital firm has closed its first fund at INR 76 Cr.The oversubscribed fund plans to invest in over 20 startups in a year and invest between INR 75 lakh-3 Cr in each firm
24/09/2021

Artha Venture Fund launches Artha Access for pre-seed funding in startups

Artha Venture has launched Artha Access which will invest in pre-seed funding rounds via its associations with multiple accelerators across the country. The corpus from its recently closed fund of Rs 225 crore and will invest up to INR 25 lakh in each transaction. Artha Access will invest in 40 […]
23/09/2021

Klub has raised INR 20 Cr in debt financing from Trifecta Capital

Revenue-based financing platform Klub has raised INR 20 Crores in debt financing from Trifecta Capital. The financing will help to scale their technology, product, and assets under management, and serve as a partnership opportunity for both companies to collaborate on various ways to support digital-first companies
23/09/2021

US-based telehealth firm NOCD raises USD 33 Million Series B funding led by F-Prime Capital

US-based NOCD Inc, a telehealth provider for the treatment of obsessive compulsive disorder (OCD) has raised USD 33 Million as part of its Series B funding round led by global venture firm F-Prime Capital. Eight Roads Ventures India, Eight Roads Ventures Europe and Kaiser Permanente Ventures also participated in the […]
23/09/2021

SaaS startup Lio raises USD 5 Million seed funding led by Sequoia Capital and Lightspeed

Lio, a software as a service (SaaS) company, said it has raised USD 5 Million in seed funding led by Sequoia Capital India and Lightspeed India. The company said it will use the investment primarily to expand the engineering team and increase the number of users of the mobile app
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