Zodius Technology Fund invests more in lingerie e-tailer Zivame

Lingerie e-tailer Zivame has raised INR 60 crore in a bridge round of funding.

TPG’s INR 100 crore to take Nykaa’s valuation to INR 5 k crore

Online beauty and skincare retailer Nykaa has raised INR 100 crore in primary capital from TPG Growth.

Mirae Asset leads USD150-million investment round in BigBasket

SuperMarket Grocery Supplies Pvt Ltd, which owns online grocer BigBasket, is raising USD 150 million in a fresh round of funding led by South Korean firm Mirae Asset.

Tomorrow Capital backs interior home design company Bonito

Interior home design company Bonito Designs Pvt Ltd has raised INR 43 crore as part of its pre-Series A funding round  from early-stage strategic investment fund Tomorrow Capital.

China’s BabyTree invests in Omidyar-backed parenting platform Healofy

Vivoiz Healthtech Pvt Ltd, which owns and operates maternity and childcare social networking platform Healofy, has raised USD 8 million  in fresh funding.

PharmEasy and Ascent Health in merger talks

Online drugs retailer PharmEasy and pharmaceutical distribution company Ascent Health and Wellness are in talks for merger.

Paytm raising up to USD 2 billion; valuation may soar to USD 18 billion

Online payments services company Paytm is in the midst of raising USD 2 billion from existing investors SoftBank Vision Fund and Alibaba’s financial affiliate Ant Financial.

Sequoia, Leo Capital invest in MakeMyTrip co-founder’s new venture

Influencer-driven online commerce app Bulbulshop Shopping Network has raised around USD 2 million in funding from a clutch of investors.

Stanza Living secures venture debt from Alteria Capital

Delhi-based student accommodation platform Stanza Living has raised INR 30 crore in venture debt from Alteria Capital

Oyo in talks to acquire China’s Qianyu

Oyo Hotels & Homes is in talks to acquire Qianyu, a midsize hotel brand in China.

Manufacturing services startup Zetwerk raises USD 9 million in Series-A round

Online marketplace for manufacturing services Zetwerk has raised USD 9 million in Series-A funding coled by Accel Partners and Sequoia Capital India.

Milkbasket acquires Veggie India to boost household base

Grocery and milk delivery startup Milkbasket has acquired Noida-based grocery delivery platform Veggie India for an undisclosed amount.

Times Internet leads USD 8 million round in student housing startup OxfordCaps

Student housing startup OxfordCaps has raised USD 8 million in a Series-A funding round led by Times Internet. OxfordCaps will use the money to fuel its growth plans.

Unitus Ventures bets on blockchain startup New Street Technologies

New Street Technologies Pvt Ltd, which builds and operates blockchain-enabled platforms for institutional clients in the financial services segment, has raised USD 2 million in a seed funding round led by impact investment firm Unitus Ventures.

Angels invest in wedding venue startup VenueLook

Online-to-offline venue booking platform VenueLook has raised an undisclosed amount of funding in its pre-Series A round from a clutch of angel investor.

PharmEasy in early funding talks with SoftBank to raise up to USD 100 million

Japan’s SoftBank Group Corp is in early talks to invest close to USD 100 million in online medicine startup PharmEasy.

Delhivery gets USD 400 million from SoftBank, Carlyle

Delhivery has raised more than  USD 400 million in its latest round of equity financing, which has been led by Japanese investor SoftBank.

SoftBank and Amazon in talks to invest in Drivezy ​​

The Bengaluru-and Silicon Valley-based two-wheeler self-drive platform Drivezy is in talks with Softbank and Amazon to raise a fresh round of funding.

Byju’s value at USD 5.4 billion via new USD 25 million round

Education technology platform Byju’s has raised USD 25 million from existing backer General Atlantic at  INR 37,000 crore valuation.   

Pine Labs buys gifting startup Qwikcilver for USD 110 million

Pine Labs, one of the largest point of sales deploying companies in India, has acquired Bengaluru-based gifting startup Qwikcilver for USD 110 million.  

Cred plans to raise another USD 100 million in new funds

Kunal Shah founded Cred is looking to raise USD 75-100 million.

Hyundai Motor, Kia to invest USD 300 million in Ola

Ride-hailing company Ola has raised USD 300 million from South Korean automakers Hyundai Motor Co and Kia Motors Corp, as it diversifies its investor base and boosts its war chest to compete with main rival Uber Technologies Inc.

Jungle Ventures, Illuminate Financial lead investment in regulatory-tech startup Tookitaki

Tookitaki, a software-as-a-service (SaaS) firm which develops artificial intelligence-based sustainable compliance solutions for financial institutions, has raised around INR 54 crore in a Series A round of funding.

Mobility startups attract big bucks

Startups in the urban mobility space — like bike taxi player Rapido, car & bike pooling venture Quick Ride, and bike rental startup Bounce — are in advanced discussions to raise growth capital from such large investors as private equity firm WestBridge Capital, South African media giant Naspers, venture firm […]