03/08/2016

Food-tech startup Petoo raises $500K from existing investors, HNIs

Bangalore-based food-tech startup Petoo, owned and operated by Kinematic Foodtech Pvt Ltd, has raised $500,000 from its existing investors and high-net-worth individuals (HNIs) through online deal-making platform LetsVenture. The funding will be utilized for ongoing food research initiatives and to roll out its new products across the country.
03/08/2016

Film discovery app Flickbay raises INR 6 Crore in seed funding

Film discovery app Flickbay, backed by actor and movie director Farhan Akhtar, has raised $890,000 (about Rs 6 crore) in seed funding from Paul Roy, chairman of Dubai-based Riva Digital. The platform provides news, trailers, songs, reviews, ratings, box office collections and information about movies playing in theatres and on […]
03/08/2016

Healthcare startup Xcode Life Sciences raises funding from RoundGlass Partners

Chennai-based Xcode Life Sciences Pvt Ltd has raised an undisclosed amount of funding from US-based venture capital (VC) firm RoundGlass Partners. Founded in 2010 Xcode Life Sciences is a bioinformatics company. The company provides preventive healthcare solutions through research in life sciences and technology. It offers offline testing to its […]
03/08/2016

Infosys to bet closer home, $15 Million for Indian venture capital fund

Infosys has begun discussions for what will be its first investment in an Indian venture capital fund — Stellaris Venture Partners . The software services company could invest up to $15 million in the fund, launched by a team of venture capitalists, who are aiming for a final corpus of […]
03/08/2016

Waste management startup ExtraCarbon to raise $225K from Brand Capital, others

Gurgaon-based waste management firm ExtraCarbon is set to raise $225,000 in a round led by Brand Capital, the ad-for-equity investment arm of Bennett Coleman & Co Ltd (BCCL). One institutional fund and one high net-worth individual (HNI) will also participate in the round.  
02/08/2016

Three start-ups from empoWer raise seed funding from Government and Vodafone

Three start-ups from empoWer, a Zone Startups India accelerator for women entrepreneurs, have received equity-free seed funding from the Department of Science and Technology and Vodafone. Saral Design Solutions Pvt Ltd, which makes sanitary napkins, received Rs.10 lakhs and Shubhpuja Services Pvt Ltd, an online marketplace that provides Hindu religious […]
02/08/2016

Mandala Capital makes first close in second $250 Million fund

Private equity firm Mandala Capital is raising $250 million for a new fund, which will invest in agri-businesses in India. The Mauritius-based firm has invested $180 million so far, all in India-based companies involved in agriculture. Mandala Capital looks for opportunities to provide growth capital in public equity investments. The […]
02/08/2016

CTE’s Cambridge Innovations backs two US-based startups

Cambridge Innovations, the investment and technology platform of Cambridge Technology Enterprises Ltd (CTE), has invested an undisclosed amount of money in two US-based startups, EnerAllies and ComplyGlobal. Cambridge Innovations invests in early-stage ventures and helps them leverage technology, big data and machine learning to disrupt markets through the creation of […]
02/08/2016

Hyperlocal delivery platform Daily Ninja raises funding

Subscription-based hyperlocal delivery platform Daily Ninja has raised an undisclosed amount in a pre-Series A round of funding from LetsVenture and TracxnSyndicate investor network platforms. The round saw participation from angel investor Anupam Mittal and Kunal Shah of Freecharge. Led by NuVentures’ Venk Krishnan, the round also saw participation from […]
02/08/2016

HR tech platform Sheroes raises INR 12 crore in Series-A funding

Sheroes a jobs and career platform for women has raised Rs 12 crore in a Series-A funding led by Lumis Partners as part of a larger commitment. Launched in 2014, Sheroes is looking to expand its footprint from 12,000 companies to 30,000 in the next 18 months. It runs a […]
02/08/2016

Food start-up Yumlane raises seed funding from Binny Bansal, Anupam Mittal, others

QwikPik Technology Pvt Ltd, which runs food start-up Yumlane, has raised funds in a seed round from Flipkart chief executive officer Binny Bansal and People Group founder Anupam Mittal. It said that the funding round was under $1 million. The funding will be utilized for brand building, marketing initiatives and […]
01/08/2016

YepMe to open 400 stores by the end of this financial year

Fashion retailer YepMe planning to hive off the software unit into a separate entity is in talks with investors to raise $15-20 million for that entity, which it targets to be a large business ensuring high margins. It plans to open 400 stores by the end of this financial year […]
01/08/2016

Hyperlocal grocery delivery startup Tokri raises $2.5 Million from Syska

Pune-based hyperlocal delivery startup Tokri has raised a pre-Series A round of funding from Syska LED group. The firm has raised $2.5 million (around Rs 16.7 crore), with a commitment from Syska to put in more money. The funding will be utilized to  upgrade technology in a bid to improve […]
01/08/2016

Ovum raises INR 33 crore from Norwest, IL&FS Invest

Bengaluru-based Neonatal Care & Research Institute (NCRI), which runs Ovum hospitals for pediatric and neonatal care, has raised INR 33 crore from IL&FS Investment Managers Limited and Norwest Venture Partners. The company is the latest among mother-and-childcare hospital chains to get funding from venture capital and private equity investors in […]
01/08/2016

Fintech startup EarlySalary.Com to raise $ 6 Million

EarlySalary, a fintech startup that offers personal loans, will raise $5-6 million in the coming months as it looks to expand its presence across cities like Hyderabad, Visakhapatnam and Jaipur.The Pune-based firm offers loans ranging from Rs 10,000 to Rs one lakh for a tenure of 7 to 30 days, […]
01/08/2016

Healthcare-focused Fulcrum Ventures India to raise up to $120 Million new fund

Pharmaceuticals and healthcare-focused private equity (PE) firm Fulcrum Venture India is planning a third fund which could attract as much as INR 700-800 crore. The firm is currently working on registering the new fund with the Securities and Exchange Board of India (Sebi), and the process is expected to be completed […]
01/08/2016

Indian gadget servicing startup Repaireasy raises seed funding

Pune-based online gadget servicing startup Repaireasy has raised a round of  around $250,000 as seed funding from a consortium of investors. The funding will be utilized for marketing, hiring and technology.
01/08/2016

Healthkart raises $12 Million from Sequoia, Kae Capital in Series E round

Online health products vendor Healthkart, owned by Bright Lifecare Pvt Ltd, has raised INR 80 crore in a Series E round of funding from existing investors Sequoia Capital India and Kae Capital among others, documents with the Registrar of Companies showed. The funding will be utilized to enhance marketing initiatives […]
01/08/2016

Healthcare startup Medinfi raises $200K from angel investors

Bangalore-based Medinfi Healthcare Pvt Ltd, a pure-play platform for searching doctors and hospitals through web and mobile app, has raised $200,000 in its fifth round of angel funding. The company plans to use the fresh capital to grow its user base 10 times to 5,00,000 by March 2017 by expanding […]
01/08/2016

Fashion marketplace Voonik gets $3 Million debt financing from InnoVen Capital

Voonik Technologies Pvt Ltd, operator of an eponymous fashion marketplace, has raised $3 million (Rs 20 crore) in venture debt financing from InnoVen Capital. The capital will be utilized for marketing, especially via television commercials.
01/08/2016

Solar energy firm Freyr close to raising seed funding

Hyderabad-based solar power services provider Freyr Energy Services Pvt Ltd is in advanced stages of discussions to raise its seed round of funding from a high-profile European investor to support its expansion plans. The company is raising Rs 5 crore ($745,000) from a Dutch government-controlled fund mainly to install solar […]
29/07/2016

Swastika Company backs on-demand laundry startup HelloDhobi

Pune-based HelloDhobi Dry-Cleaners Pvt Ltd, which operates on-demand laundry startup HelloDhobi, has raised an undisclosed amount in angel funding from Hong Kong-based investment firm Swastika Company Ltd and some Mumbai-based affluent individuals. The funding will be utilized to expand operations in Pune and hire staff across verticals.
29/07/2016

Social marketplace GoCoop raises funding from Kris Gopalakrishnan, Saha Fund

GoCoop Solutions and Services Private Limited which runs social marketplace for cooperative enterprises GoCoop has received investment worth $830,000 from former Infosys vice-chairman Kris Gopalakrishnan and Saha Fund. Launched in early 2012, GoCoop.com’s or Global Collabration Platform for Cooperatives’ marketplace acts as an aggregator of listed enterprises. It is a […]
29/07/2016

Machine learning platform Neuron raises $200k and launches a NLP developer platform

Delhi based Neuron, a machine learning platform for text analysis  has raised an angel round of $200,000 led by Harvinder Bhatia, CFO Netmagic and founder of Radiowalla. The funding will be utilized for R&D in machine learning and Natural Language Processing and for hiring talent.
Top