$14.5 Million in coins to grow this Bitcoin Blockchain Fund

Bitcoin Growth Fund (BGF), a blockchain-based startup fund, closed its first fund raising with approx INR 95 crore as part of its initial coin offering (ICO).

Hyper local discovery co MagicPin raises Series B funding

Gurugram-based hyper local discovery startup MagicPin has raised $7 million towards Series B from existing investor Lightspeed India Partners, Waterbridge Ventures, a $15 million venture fund floated by private equity veteran Manish Kheterpal and two global family offices.

Rohto Pharma invests $5 million in SastaSundar Healthbuddy

Japanese firm Rohto Pharmaceutical Co has invested USD 5 million (over Rs 32 crore) to acquire 13 per cent stake in SastaSundar Healthbuddy Ltd.

Jyoti Bansal invests in marketing automation platform Leadsquared

Silicon Valley-based tech entrepreneur Jyoti Bansal has invested an undisclosed amount in sales execution and marketing automation platform Leadsquared.

Digital lending startup SimpliLend raises angel funding

Delhi-based Simplified Fintech Pvt Ltd, which operates online lending platform SimpliLend, has secured angel funding from HNIs based out of Singapore and India.

Naspers leads $80 Million Series E round in food-delivery startup Swiggy

Online food ordering startup Swiggy, which is run by Bengaluru-based Bundl Technologies Pvt Ltd, has secured $80 million (around Rs 517 crore) in its Series E round of funding led by South African technology group Naspers.

Snapdeal gets $17.5 Million from Nexus, founders

Struggling online retail firm Snapdeal has received INR 113 crore in an emergency financing round from existing investor Nexus Venture Partners and the company’s co-founders Kunal Bahl and Rohit Bansal.

Toro Finserv LLP launches India’s first Healthcare Real Estate Fund of $500 Million

Kapil Khandelwal, an investor, has launched India Healthcare Opportunities Fund (IHOP) as SEBI Alternative Investment Fund under Category 2 with a corpus of $500 million.

Image processing startup Wowflux raises fresh funds

New Delhi-based image processing startup Wowflux Interactive Pvt Ltd has raised fresh funds from two high-net-worth individuals (HNIs) and an existing investor after it raised its first external funding last year.

Mutual fund investment platform Nivesh.com raises angel round

Noida-based Providential Advisory Services Pvt Ltd, which runs mass market mutual fund investment platform Nivesh, has raised an angel round from VCCircle founder PV Sahad, former head of investor relations at Infosys Sandeep Shroff and Right Global Infosolutions CEO Rahul Gupta.

Carpediem Capital invests INR 23 Crore in medical devices distributor Collateral Medical

Collateral Medical, a pan-India online distributor of medical devices, has raised a Series-A investment from Carpediem Capital.

Logistics tech company LoadShare raises funding from Matrix Partners India

Logistics technology company LoadShare has raised an undisclosed amount from Matrix Partners India in a pre-Series A round.

Valley bigwigs invests INR 10 crore in daily consumables startup Supr Daily

Daily consumables subscription firm Supr Daily has raised INR 10 crore from a clutch of Silicon Valley investors.

Helion’s Rahul Chandra floats a $100-million venture capital

Helion Venture Partners’ managing director Rahul Chandra has floated a new venture capital called Unitary Helion, which is planning to raise a $100-million fund focused on deals in the financial technology space.

Citrus Pay co-founder’s Cube Consumer raises seed funding

Mobile banking portal operator Cube Consumer Services Pvt Ltd, which was launched by co-founder of online payments company Citrus Pay, Satyen Kothari, has raised its first external funding.

IFC invests $3 Million in AI-focused fund of pi Ventures now

International Finance Corporation (IFC), the investment arm of the World Bank Group, is investing $3 million in pi Ventures’ maiden fund. An early-stage investment firm, pi Ventures is focused on startups in the area of applied artificial intelligence, machine learning and internet of things (IoT).

Family office of Lahari Music invests in two startups

The family office of Lahari Music, one of South India’s record labels, invested an undisclosed amount in two startups, a move that is aimed at diversifying its businesses beyond music. The investments are in Happn, a Paris-based global dating application with over 25 million users, and WhatsLoan, a fintech platform […]

Foodpanda raises $431.45 Million, aims for a bigger bite of the foodtech pie in India

Prominent foodtech player Foodpanda announced a around INR 3,000 crore round of funding on Monday. South African broad-based multinational internet and media group Naspers has infused these funds into its parent company, the Germany-based food ordering and delivery marketplace Delivery Hero, which acquired Foodpanda from Rocket Internet.

US-based Ebix to invest $120 Million for stake in Indian digital payment provider ItzCash

US-based software firm Ebix Inc will pay INR 800 crore ($120 million) for a majority stake in Indian payment provider ItzCash. Ebix will acquire an 80% stake in ItzCash.

Witlinger beer maker raises pre-Series A round

Delhi-based Kaama Impex Pvt Ltd, which sells craft beer under the brand Witlinger, has raised its pre-Series A round of funding from two high net-worth individuals (HNIs.

BOX8 raises INR 7 Crores of venture debt from Trifecta Capital as part of its INR 50 Crore series B round

Online food tech company BOX8 has raised INR 7 crores in venture debt funding from Trifecta Capital. The capital infusion is in addition to the INR 50 crores that Box8 raised in its series B round from IIFL Seed Ventures Fund & Mayfield.

Japanese VC firm GREE Ventures marks final close of second fund

Japanese venture capital firm GREE Ventures, which has already struck two deals in India, has hit the final close of its second fund at $67 million (around INR 431 crore). GREE Ventures is a subsidiary of GREE Inc, a Japanese gaming and social networking firm.

Acko gets a INR 200-Crore cover from investors

In the first major funding round for a startup in the insurance tech space, Mumbai-based Acko General Insurance, set up by Coverfox founder Varun Dua, has racked up $30 million (INR 200 crore) in its seed round. Investors include high-profile backers like Narayana Murthy and Kris Gopalakrishnan of Infosys, DSP […]

Ummeed Housing Finance raises $5.6 Million in Series B funding

Ummeed Housing Finance Pvt Ltd has raised Series B funding of INR 36 crore from existing investors Lok Capital Growth Fund and Duane Park. The fresh round of investment will help the company expand in new locations in northern and central India. It will also invest in social, mobile, analytics […]