25/02/2022

Tiger Global Backed Koo Gets USD 10 Million From Over 20 Investors

Indigenous social media platform Koo has raised over USD 10 Million in two tranches from more than a dozen investors including Caspier Venture Partner, Ravi Modi Family Trust, Ashneer Grover among others.
25/02/2022

Animoca Brands, Coinbase, others back NFT-focused platform bitsCrunch

bitsCrunch, a blockchain analytics platform, has raised private funding of USD 3.6 Million in an oversubscribed round led by Animoca Brands, with participation from Coinbase Ventures, Crypto.com Capital, Polygon Studios, and others.
25/02/2022

Yamaha Motor bets on bike rental platform Royal Brothers

Yamaha Motor has invested an undisclosed amount in bike rental company Royal Brothers via its Moto Business Service India (MBSI) subsidiary.
25/02/2022

Prime Venture Partners marks final close of fourth fund at USD 120 Million exceeds target

Early-stage venture capital firm Prime Venture Partners on has marked the final close of its fourth fund at USD 120 Million, exceeding its target corpus of $100 million. The new fund will seek to invest in startups across fintech, edtech, healthtech, consumer internet and global software as a service (SaaS) […]
25/02/2022

Accel, Lightrock co-lead to write USD100 Million cheque to neobanking platform Niyo

Consumer neobanking company Niyo, operated by Finnew Solutions, has racked up $100 million in a Series C funding co-led by Accel and Lightrock India. The round also saw participation from Beams Fintech Fund, Prime Venture Partners and JS Capital, among others.
24/02/2022

Men’s Clothing Brand DaMENSCH Raises USD 16.4 Million From A91 Partners, Matrix

Bengaluru-based men’s clothing D2C brand DaMENSCH is raising USD 16.4 Million in a fresh funding round led by A91 Partners. This will also see participation from its existing investors such as Matrix Partners, Whiteboard Venture Partners, and Saama Capital.
24/02/2022

Finarkein Analytics Raises Funds From Info Edge, IIFL To Build Open Digital Ecosystems

Pune-based data analytics startup Finarkein Analytics has raised an undisclosed seed funding amount co-led by IIFL’s Fintech Fund and Redstart Labs, an Info Edge company. Aaryaman Vir Shah’s Prophetic Ventures, Pearl Agarwal’s Eximius Ventures, and angels such as Shalini Chhabra of Incipia Advisors, Chirag Jain of Ashika Group also participated […]
24/02/2022

Purplle backer IvyCap Ventures marks first close of third fund at USD 214 Million

IvyCap Ventures, has marked the first close of its third fund at INR 1,608 crore. The new fund will continue to focus on sectors such as consumer tech, deep tech, healthtech, fintech, software as a service (SaaS) and edtech.
24/02/2022

Giift, Apis’ fund arm bet USD 30 Million on fintech platform Xoxoday

Private equity fund Apis Growth Fund II, have invested USD 30 Million to acquire a strategic interest in software-as-a-service (SaaS)-focused fintech startup Xoxoday.
24/02/2022

Rakesh Jhunjhunwala-backed Arrivae raises USD 10 Milliion led by Think Investments, Havells Group

Arrivae, a made-to-order furniture manufacturer and home improvement company, has closed its Series B funding round with USD 10 Million led by Think Investments and Havells Group with participation from Emerge Capital and existing investors.
24/02/2022

Accelerator StartupBay invests USD 1.2 Million in Rocket AI

StartupBay, an accelerator, invested USD 1.2 Million in Rocket AI to pick up a 10% stake. This investment is part of the company’s seed funding round.
23/02/2022

Agritech Startup Krishify Raises USD 6.2 Million To Develop Social Network For Farmers, Community

Agritech startup Krishify has secured USD 6.2 Million in Pre-Series A funding with participation from agritech VC fund Omnivore and existing investors Ankur Capital, Omidyar Network India, and Orios Venture Partners.
23/02/2022

Ola Gets USD 20 Million From Axis Growth And Arrow Capital

ANI Technologies which operates cab hailing company Ola, has raised around USD 20 Million from Axis Growth and Arrow Capital as part of its ongoing Series J round.
23/02/2022

Defence Startup NewSpace Secures USD 21 Million From Pavestone Technology Fund

Drone startup, NewSpace Research & Technologies has secured USD 21 Million funding in a round led by Pavestone Technology Fund.
23/02/2022

Kids Snackmaker Slurrp Farm Raises USD 7 Million Funding From ICD, Fireside Ventures

Children-focused healthy snacks brand, Slurrp Farm, has secured USD 7 Million in funding from a clutch of institutional investors. The startup will use the fresh capital to ramp up product development, increase spending on marketing and expand global footprint.
23/02/2022

Logistics Startup Shipsy Raises USD 24 Million From A91 Partners, Z3Partners

SaaS logistics startup Shipsy is raising around USD 24 Million in a fresh round of funding led by A91 Partners. Z3Partners, Sequoia’s Surge, and Info Edge’s Startup Investments Holdings, will also be participating in this round of funding.
23/02/2022

Vymo Bags USD 22 Million Funding To Help Enterprises Automate Sales Engagement

Sales acceleration startup, Vymo, has raised USD 22 Million in Series C funding round led by Bertelsmann India Investments (BII), and also saw participation from existing investors like Emergence Capital and Sequoia Capital.
23/02/2022

India Quotient-funded Fleetx nets USD 19.4 Million in IndiaMart-led round

Fleetx Technologies, which runs fleet management platform Fleetx.io, has secured funding of USD 19.4 Million in a Series B round led by IndiaMart.The fundraise also saw participation from IndiaQuotient and BEENEXT.
23/02/2022

Digital health platform MediBuddy racks up USD 125 Million co-led by Quadria, Lightrock

MediBuddy, has bagged USD 125 Million in a Series C funding co-led by Quadria Capital and Lightrock India, other existing investors Bessemer Venture Partners, India Life Sciences Fund III, Rebright Partners, JAFCO Asia, TEAMFund LP, FinSight Ventures, InnoVen Capital, Stride Ventures and Alteria Capital also participated in the funding.
23/02/2022

BYJU’s owned Great Learning buys Blume-backed recruitment firm Superset

Upskilling platform Great Learning, a part of the BYJU’s group, has acquired Blume Ventures-backed recruitment platform Superset, for an undisclosed amount.
23/02/2022

Ex-Zoho execs’ floated startup bags USD 35 Million led by Zomato-backer Dragoneer

Property operations software platform Facilio, has secured Series B funding of USD 35 Million in a round led by Dragoneer Investment Group, along with participation from Brookfield Growth and existing investors Accel India and Tiger Global Management.
23/02/2022

Hurun India’s Anas Rahman, Callapina, others back SaaS platform CertifyMe

Tech99 Innovations Pvt Ltd., has secured an undisclosed seed capital led by Callapina Capital. The round included participation from Anas Rahman Junaid, and Vinod JosE among others. The company plans to deploy the fresh funds in expanding its range of software-as-a-service (SaaS) products in the digital credentials space.
23/02/2022

Hasura snags USD 100 Million in Series C funding at unicorn valuation

Hasura Inc., has raised USD 100 Million as part of its Series C funding round at a valuation of $1 billion led by Greenoaks. Existing investors Nexus Venture Partners, Lightspeed Venture Partners and Vertex Ventures also participated in this funding round.
22/02/2022

Singapore-Based Wego To Acquire Cleartrip’s Middle East Business From Flipkart

Singapore-based traveltech platform Wego, has signed an agreement with Flipkart to acquire Cleartrip’s Middle East business. The deal includes the sale of Flyin.com and a technology co-operation agreement between Wego and Flipkart. This transaction is expected to close by the second half of 2022.
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