11/02/2022

Runo raises USD 5,00,000 in a funding round led by Unicorn India Ventures

Call and customer relationship management solution platform Runo has raised USD 500,000 as a part of its pre-Series A round led by Unicorn India Ventures. The firm plans to deploy the fundraise to rev up the product roadmap and expand reach to the Middle East, SEA, and the US market […]
11/02/2022

Better Opinions raised funding to expand their product and tech team

Trading platform Better Opinions has raised pre-seed funding of USD 1 Million from Y Combinator, Java Capital, Soma Capital. The round also saw participation from Mayank Kumar, Sudhanshu Raheja, Pratyush Prasanna and Chinmaya Sharma
11/02/2022

VC-backed Imarticus Learning buys game-based learning platform StratOnBoard

CBA Capital-backed professional education platform Imarticus Learning has bought a game-based learning platform StratOnBoard for an undisclosed amount in a mix of cash and stock deal
10/02/2022

Binny Bansal’s xto10x Raises USD 25 Million From Bansal Himself And 28 Others

SaaS-based consultancy startup xto10x which helps growth-stage startups scale has raised USD 25 Million in its Series A round led by its cofounder Binny Bansal.The round also saw participation from 28 founders including Razorpay’s Shashank Kumar
10/02/2022

Xpressbees Enters Unicorn Club With USD 300 Million Funding From Blackstone, TPG

Logistics startup Xpressbees has become the latest entrant to the unicorn club after raising USD 300 Million in its Series F funding round led by Blackstone Growth, TPG Growth, and ChrysCapital. The round also saw participation from existing investors Investcorp and Norwest Venture Partners
10/02/2022

Alpha Wave Incubation, Savrola Group Pump USD 7.5 Million In Wealth Management Startup Wealthy

Wealth management startup Wealthy has raised USD 7.5 Million in its Series A round led by Alpha Wave Incubation. The round also saw the participation of new investor Savrola Group and existing investors Venture Highway, Good Capital, and Emphasis Ventures.
10/02/2022

Investcorp leads USD 55 Million bet on NDR Warehousing

Bahrain-based global investment manager Investcorp has led a USD 55 million investment in NDR Warehousing which provides construction and leasing of warehouses and factory space.
10/02/2022

Emergent Ventures-backed Oloid bags USD 12 Million in Dell Technologies-led round

Software-as-a-service (SaaS) company Oloid has scooped up Series A funding of USD 12 Million led by Dell Technologies Capital and also saw participation from Honeywell Ventures, Okta Ventures and other existing investors
10/02/2022

GlobalBees acquires sport equipment brand Reach, portfolio grows to a dozen

Softbank and PremjiInvest-backed GlobalBees has added fitness equipment and accessories brand Reach to its portfolio, marking its 12th acquisition. Reach positioned itself as a fitness equipment company that aims to promote exercise at home by renting out equipment and other accessories
10/02/2022

Olive Tree, Orios Venture, others invest in YCombinator-backed Karbon Card

YCombinator-backed fintech platform Karbon Card has secured USD 15 Million in a Series A round led by Olive Tree Capital, Harmony, and Avenir Growth Capital. The fundraise also saw participation from existing investors Ramp, Mercury, and Orios Venture Partners.
10/02/2022

AngelList backs insurtech firm Nova Benefits in first Indian early-stage quant fund bet

Nova Benefits which is a corporate health insurance platform for employees has raised an undisclosed amount from Indian-American entrepreneur and investor Naval Ravikant-backed AngelList Early-Stage Quant Fund
10/02/2022

Former IIFL, Citi banker-owned travel firm Voyaah raises seed funding

Luxury travel platform Voyaah has raised USD 500,000 as seed funding from Shashidhar Sinha, Principal CEO of IPG Mediabrands, the media holding company of the Interpublic Group of Companies.
09/02/2022

Celebrity Couple Anushka Sharma & Virat Kohli Invest In Plant-Based Meat Startup Blue Tribe

Celebrity couple– actress Anushka Sharma and cricketer Virat Kohli, have invested in plant-based meat startup Blue Tribewhich is a meat-alternative startup that provides plant-based meat products such as frozen minced chicken, chicken nuggets, keema, sausages, and momos
09/02/2022

Crypto Investment Platform Mudrex Secures USD 6.5 Million; Plans Global Expansion

Bengaluru and San Francisco-based Mudrex, a crypto investing platform have raised USD 6.5 Million in a Pre-Series A round from Arkam Ventures, Tribe Capital, and Bolt by QED Investors. The funding will help Mudrex accelerate user acquisition, licensing and expansion across India, the US, Europe and Latin America.
09/02/2022

Edtech Startup BrightChamps Marks First Acquisition With Education10x

Goa-based essential skill learning ed-tech startup BrightChamps has marked its first acquisition since its inception in 2020 by acquiring ed-tech startup Education10x. The New Delhi-based ed-tech startup Education10x is a financial education platform for children.
09/02/2022

IPO Bound Pine Labs Acquires Embedded Fintech Startup Qfix

Fintech unicorn Pine Labs has acquired Mumbai-based Qfix Infocommwhich is an online payments startup. While Pine Labs has not disclosed the terms of the deal, the acquisition is aimed to aid the unicorn’s recently launched Plural platform.
09/02/2022

Sprinto Raises USD 10 Million In Series A Funding To Help Companies Automate Compliances

Compliance automation startup Sprinto has raised USD 10 Million in Series A funding led by Elevation Capital and a clutch of other institutional investors. The round also saw participation from Accel and Blume Ventures.
09/02/2022

Biotech Startup Bugworks Raises USD18 Million From Lightrock, Others To Fight Off Drug-Resistant Bacteria

Bengaluru-based biotech startup Bugworks Research has raised Series B1 round of USD 18 Million led by Lightrock India, with participation from existing investors including 3one4 Capital. Kiran Mazumdar-Shaw, CMD, Biocon too participated in the round.
09/02/2022

SoftBank, Prosus, others help ElasticRun join unicorn club with USD 300 Million funding

Japan’s SoftBank Group Prosus Ventures and Goldman Sachs have led USD 300 Million funding round in Pune-based logistics startup ElasticRun propelling the company to the coveted unicorn club.
09/02/2022

Norwest, Elevation lead USD 40 Million bet on IFC-backed Mintifi

Buy now pay later platform Mintifi has secured a Series C funding of USD 40 Million led by Norwest Venture Partners and Elevation Capital. The round also saw participation from existing investors IFC and Lok Capital.
09/02/2022

Octave Ventures debuts India bet on blockchain solutions provider TRST01

TrayamBhu Tech Solutions, which runs blockchain solutions provider TRST01 has raised an undisclosed sum in a seed round led by US-based Octave Ventures and other unrevealed investors.
09/02/2022

Razorpay buys majority stake in Malaysia-based fintech Curlec

Digital payments and financial services unicorn Razorpay have acquired a majority stake in Malaysia-based fintech firm Curlec, marking its first international acquisition. The acquisition values Curlec at USD 19-20 million. Mathur added Razorpay will be buying a 100% stake in Curlec in the next 12-18 months.
09/02/2022

Sequoia-backed Airmeet scoops up Series B funding of USD 35 Million from Prosus Ventures, others

Event-focused management platform Airmeet has bagged USD 35 Million in funding led by novel investors Prosus Ventures, Sistema Asia Fund, RingCentral Ventures, KDDI Open Innovation Fund, DG Daiwa Ventures and Nexxus Global. Existing investors Sequoia Capital India and Accel India also took part in the round.
09/02/2022

Zerodha’s Nikhil Kamath writes USD 4 Million cheque to influencer marketing platform Kofluence

Influencer marketing ad-tech platform Kofluence has racked up pre-Series A funding of USD 4 Million led by Zerodha and True Beacon Co-Founder Nikhil Kamath. The round also saw participation from Kunal Shah, Karan Johar, Apoorva Mehta, Sujeet Kumar, Aprameya Radhakrishna, Kiran Gadela, and Abhijeet Pai.
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