16/05/2022

Swiggy Acquires Times Internet-Owned Dineout To Take On Zomato’s Dine-In Biz

Food delivery giant Swiggy has signed definitive agreements with Times Internet to acquire its dining and online restaurant table booking service platform Dineout. Following the acquisition, Swiggy will build on Dineout’s strengths and take on Zomato’s dine-in business, bringing dining reservations to its suite of offerings
16/05/2022

Sonam Kapoor Invests In Gaming Startup Metaverse Platform MechaFightClub

Bollywood actress Sonam Kapoor has invested an undisclosed amount in the blockchain-based game MechaFightClub launched by online gaming startup Irreverent Labs.
16/05/2022

India Angel Network, Venture Catalysts, others back agritech firm Fyllo

Agritech startup Fyllo has secured USD 2 Million in a funding round co-led by India Angel Network, Triveni Trust and Ninjacart. The Bengaluru-based platform plans to use the fresh capital to expand its market footprint and focus on research and development to aid crop cultivation
13/05/2022

Vivriti Capital raises additional USD 30 Million from TVS Capital in Series C

Non-bank lender Vivriti Capital has raised an additional USD 30 Million from TVS Shriram Growth Fund as part of its Series C round. The fresh proceeds will be deployed to expand its business and technology footprints, hire new talents as well as step-up product supply and portfolio management
13/05/2022

Tiger Global writes USD 10 Million Series A cheque to Apnaklub

B2B wholesale platform for fast-moving consumer goods Apnaklub has secured Series A funding of USD 10 Million from Tiger Global. The startup plans to use the fresh proceeds to deepen its infrastructure in key states, expand the platform to 20,000 partners and build credit products.
13/05/2022

BLinC Invest marks final close of INR 100 Cr second fund

Venture capital firm BLinC Invest announced final close of its Fund II at INR 100 Cr. The Mumbai-based firm aims to make 5-7 investments across edtech and fintech startups, with an average cheque size of INR 10-20 Cr.
13/05/2022

NIIF leads USD 128 Million investment in Ather Energy

Electric two-wheeler company Ather Energy has raised USD 128 Million in its latest funding round led by National Infrastructure Investment Fund (NIIF) and existing backer Hero MotoCorp. Other existing investors in the company including angel founders also supported the round through minor investments.
12/05/2022

Fintech BharatX Bags USD 4.5 Million From Y Combinator To Help Consumer Companies Launch Credit Products

Bengaluru-based fintech startup BharatX has bagged USD 4.5 Million in its seed round. The fresh investment round was led by Y Combinator, 8i Ventures, Multiply Ventures, and Soma Capital. Existing investor Java Capital also participated in the round, along with angels such as Dropbox’s Arash Ferdowsi, Razorpay’s Harshil Mathur, and […]
12/05/2022

Serial Investor & Aakash Institute-Famed Aakash Chaudhry Backs HRtech Startup HONO In A USD 5 Million Round

Hrtech startup HONO has raised USD 5 Million in its Series A round. The round saw participation from BYJU’S-owned Aakash Institute’s MD Aakash Chaudhry, Aakash’s Group CFO Hemant Sultania, Amaya Ventures’ Amit Khanna and Udayat Group’s Harsh Gupta.
12/05/2022

MoEVing racks up additional USD 5 Million in seed round

Electric mobility technology platform MoEVing has secured additional funding of USD 5 Million through a mix of equity and debt, as a part of its seed round. The firm plans to use the fresh funds to ramp up its technology vertical and expand to 30 cities
12/05/2022

Artha India Ventures debuts in Africa with investment in Badili

Artha India Ventures (AIV), the family office of Ashok Kumar Damani has invested an undisclosed sum in Kenya-based online smartphone buy-back platform, Badili.
12/05/2022

Nithin Kamath, Venture Catalysts, others back fintech firm AssetPlus

Fintech platform AssetPlus has raised USD 3.6 Million in a funding round led by Bhupinder Singh and Nithin Kamath. The round also saw participation from Venture Catalysts and angel investors including Swaroop “Kittu” Kolluri, Amit Nanavati, and Kedar Kulkarni, among others.
12/05/2022

Shopflo becomes first startup to get seed funding from Tiger Global

SaaS platform Shopflo has become the first startup to receive seed funding from Tiger Global at a pre-product stage. Shopflo has raised USD 2.6 Million in a round from Tiger Global and TQ Ventures. Better Capital and a pool of other angel investors also participated in the round.
12/05/2022

GoKwik snags USD 35 Million in Series B funding

E-commerce enablement platform GoKwik raised USD 35 Million in its Series B round of funding led by Think Investments and RTP Global and also saw participation from existing investors Sequoia Capital India and Matrix Partners India.
11/05/2022

CASHe Enters Wealthtech Space With Acquisition Of Gurugram-Based Sqrrl

AI-driven financial lending platform CASHe has forayed into the wealth management space with the acquisition of Gurugram-based wealthtech platform Sqrrl in an all-cash deal.
11/05/2022

D2C Startup Skillmatics Bags USD 16 Million To Expand To Japan, France, Other Countries

D2C startup Skillmatics which develops educational games and learning resources has raised USD 16 Million in a Series B funding round led by Brussels-based Sofina, with participation from existing investors Sequoia Capital India and Jalaj Dani Family Office.
11/05/2022

IPO-Bound Delhivery Raises INR 2,347 Cr From 64 Anchor Investors

Ahead of its much anticipated initial public offering (IPO), logistics unicorn Delhivery has raised INR 2,347 Cr from 64 anchor investors that includes Tiger Global, Bay Capital, Steadview, Fidelity etc
11/05/2022

BYJU’S-Led Great Learning Acquires Northwest Executive Education For USD 100 Million

Edtech startup BYJU’S group company Great Learning has acquired Singapore-based Northwest Executive Education for about USD 100 Million in a stock and cash deal. The acquisition will help Northwest Executive Education and Great Learning expand their offerings across markets such as India, the US, Europe and Latin America.
11/05/2022

Fintech Startup Multipl Bags USD 3 Million To Help People Invest & Plan Their Expenses Better

Fintech startup Multipl has secured USD 3 Million in a Pre-Series A funding round led by Blume Ventures, GrowX Ventures, IIFL, and Kotak Securities Limited. The fresh capital will be used to increase investment options on the platform and help users plan their expenses better,
11/05/2022

SaaS firm SirionLabs snags USD 85 Million in Series D led by Partners Group

Sirion labs, a SaaS firm focussed on contract lifecycle management has raised USD 85 Million in Series D funding round led by Partners Group. Existing investors Avatar Capital, Sequoia Capital, and Tiger Global participated in the round.
11/05/2022

Higher education-focused iNurture raises USD 15 Million, Ventureast exits

Edtech firm iNurture Education Solutions has raised USD 15 Million in a combination of debt and equity from Hong Kong-based ADM Capital. ADM Capital has also acquired venture capital firm Ventureast’s stake in iNurture, facilitating a complete secondary exit for Ventureast
11/05/2022

CoinDCX launches venture arm to back crypto startups; earmarks INR 100 Cr

Cryptocurrency exchange CoinDCX announced the launch of CoinDCX Ventures to back early-stage crypto and blockchain startups with an allocation of INR 100 Cr to be deployed over the next 12 months.
11/05/2022

Unicorn India Ventures makes investment in edtech firm ForeignAdmits

Bengaluru-based ed-tech startup ForeignAdmits has secured fresh funding of USD 423,000 from early-stage investor Unicorn India Ventures. ForeignAdmits plans to use the fresh capital to ramp up its tech vertical to offer students, partners, and ongoing business development efforts with a better experience.
11/05/2022

Josh Talks raises capital from Ankur Capital, prominent new-age investors

Regional content and upskilling platform Josh Talks has raised INR 27 Cr in a funding round led by Ankur Capital. The startup plans to utilize the fresh capital to scale itself and become a preferred social learning platform in India
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