23/07/2018

Health-tech firm WelcomeCure bags fresh funds from Bollywood couple

Mumbai-based WelcomeCure Pvt Ltd, an online homeopathic healthcare platform, has raised an undisclosed amount from Bollywood couple Riteish and Genelia Deshmukh and LC Singh, chief executive of IT services company Nihilent Technologies
20/07/2018

Deep-tech startup Steradian gets first cheque from venture capital investor

Steradian Semiconductors Pvt Ltd, a deep-tech startup that is developing high-performance sensors for autonomous vehicles, has raised its first round of institutional funding from Endiya Partners.
20/07/2018

Multiple investors pump fresh funds into bike taxi startup Baxi

Gurugram-based bike taxi startup Baxi has raised an undisclosed amount of fresh funding from Ramesh Awtaney, from ISON Technologies; Mohit Khurana and Deekshant Sahrawat, co-founders of Roots Education; and Ashish Chhaparwal, founder of KidzJet.
20/07/2018

Food-tech company SmartQ buys Goodbox Cafeteria business

YourNest Angel Fund-backed SmartQ, a food-tech startup, has acquired Nexus Venture Partners-backed Goodbox’s cafeteria business for an undisclosed sum.
20/07/2018

Unibev may raise INR100 crore to fund expansion

Unibev is looking to raise INR 100 crore to fund an expansion drive planned by the premium alcohol startup which enables them to garner around a tenth of India’s premium alcohol market.
20/07/2018

IIM Ahmedabad incubator marks first close of USD 100 million deep-tech VC fund

Bharat Innovation Fund has marked the first close of its USD 100-million venture fund that focuses on early-stage deep-tech investments from marquee institutional investors and others.
20/07/2018

Rajasthan Venture Capital Fund bets on furniture e-tailer Woodenstreet.

Jaipur-based online furniture platform Woodenstreet has raised USD 1 million  in a Series A round of funding led by Rajasthan Venture Capital Fund (RVCF).
19/07/2018

PharmEasy may raise USD 50 million from Fundamentum, others

Nandan Nilekani and Sanjeev Aggarwalled investment firm Fundamentum Advisors and Eight Roads Ventures, the proprietary investment arm of Fidelity International, are in talks to lead a USD 40-50 million funding round in online pharma company PharmEasy.
19/07/2018

Singapore’s Symple Wellness buys AllizHealth

Singapore-based health tech startup Symple Wellness Platform (SWP) has acquired Pune-based wellness and health analytics platform AllizHealth (AIH) for an undisclosed amount.
19/07/2018

TPG Growth leads USD 100 million Series D funding round in India’s BookMyShow

Bigtree Entertainment Pvt Ltd, which owns and operates online entertainment ticketing platform BookMyShow has raised USD 100 million in a Series D funding round led by TPG Growth, the middle market and growth equity investment platform of alternative asset firm TPG.
19/07/2018

Rajasthan Venture Capital Fund bets on furniture e-tailer Woodenstreet

Jaipur-based online furniture platform Woodenstreet has raised USD 1 million in a Series A round of funding led by Rajasthan Venture Capital Fund (RVCF).
19/07/2018

Omidyar Network invests in Series A round of news portal The Ken

The Ken, a subscription-based online news platform has raised around INR 10 crore in a Series A funding round led by impact investor Omidyar Network.
19/07/2018

Mahindra Finance invests in P2P lending startup RupeeCircle

Mumbai-based peer-to-peer (P2P) lending startup RupeeCircle will receive INR 4 crore (around USD 588,000) from non-banking financial company Mahindra Finance
18/07/2018

Cars24 tanks up for a INR 340 crore ride

Cars24, the online marketplace for buying and selling used cars, has completed an investment raise of about USD 50 million (INR 340 crore) to fuel its expansion from Sequoia Capital India and two of Cars24’s existing investors — Cayman Islands-based Kingsway FCI Fund and Toronto-based KCK Global.
18/07/2018

Amazon injects USD 34 million in payments arm

E-commerce giant Amazon has invested INR 230 crore (USD 34 million) into its Indian digital payments arm Amazon Pay.
18/07/2018

Zaggle buys payments firm Click&Pay

Zaggle, a payments and group dining company backed by Dubai-based investors has acquired Hyderabad-based payments firm Click&Pay in a cash-and-stock deal.
18/07/2018

Foyr raises USD 4 Million extended Series A

Singapore-headquartered home decor solutions startup Foyr has raised around USD 4 million in an extended Series A round of funding from early-stage venture capital firm SRI Capital, property consultancy firm Jones Lang LaSalle (JLL).
18/07/2018

SaffronStays gets USD 2 million in Pre-series A fund round

Micro-hospitality startup has raised about USD 2 million from consumer-centric venture capital firm Sixth Sense Ventures the pre-series A investment marks the first institutional round into the firm.
18/07/2018

Creation Investments, Falcon Edge lead Series C funding round in OfBusiness

OFB Tech Pvt Ltd, which operates fin-tech platform OfBusiness, has secured USD 29 million (INR 200 crore) in a Series C round of funding led by Creation Investments and hedge fund Falcon Edge investors.
18/07/2018

Former Mu Sigma, Ola top execs & others invest in photo-sharing app Vebbler

Photo-sharing app Vebbler has raised an undisclosed amount in a pre-Series A round of funding from Ambiga Subramanian, former chief executive of big data firm Mu Sigma; Dino Morea, film actor; Nikhil Chinapa, television host and disc jockey; Anurakt Jain, vice president at ad-tech firm InMobi; Sanjay Ramakrishnan, former senior director […]
17/07/2018

Times Internet-backed Affle at USD 375 Million

Indian hedge fund values local arm of Times Internet-which manages assets worth over USD 15 billion, has agreed to buy shares for USD 375 million in the local arm of Singapore-based mobile solutions company Affle Holdings Pte Ltd.
17/07/2018

Japanese gaming firm, People Group’s Anupam Mittal back StayAbode

Bengaluru-based StayAbode Ventures Pvt Ltd, a startup that provides co-living spaces, has raised an undisclosed amount in a pre-Series A round of funding from Anupam Mittal, CEO at People Group, the parent of matrimonial website Shaadi.com, Vineet Sekhsaria.
17/07/2018

Sequoia, three other VC firms invest USD 21 million more in Unacademy

Online learning platform Unacademy has raised USD 21 million (INR 144 crore) from existing investors Sequoia Capital, Nexus Venture Partners and SAIF Partners.
16/07/2018

Reliance Entertainment backs Wishberry

Crowdfunding platform Wishberry has raised INR 10 crore in a Series A round of funding with participation from Anil Ambani’s Reliance Entertainment, early-stage investment firm 3one4 Capital, and Sunil Patil, a director on the board of digital cinema firm Scrabble Entertainment.
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