22/04/2022

Mom Care Brand Mylo Raises USD 17 Million To Launch Health Service Vertical, Expand Operations

Mylo raised the funds from W Health Ventures, ITC Ltd and Endiya Partners. Riverwalk Holdings, Alteria Capital and Innoven Capital also participated in Mylo’s Series B round, taking the total fund raised by the startup to USD 24 Million.
22/04/2022

Dream Capital leads USD 120 Million funding in cricket NFT platform Rario

Dream Capital, the corporate venture capital and acquisitions arm of Dream Sports has led a USD 120 million Series A funding round in cricket non-fungible token (NFT) platform Rario.
22/04/2022

Accel-backed personal care brand Believe raises USD 55 Million in Series C round

Singapore-based beauty and personal care (BPC) products company, Believe Pte Ltd has raised USD 55 million in its Series C funding round. New investors Venturi Partners and IIFL AMC participated in the funding round along with existing Jungle Ventures, Accel, Alteria Capital and Genesis Alternative Ventures, the company said in […]
22/04/2022

Steadview Capital leads USD 25 Million Series B round in Newton School

Incanus Technologies Pvt. Ltd, which runs edtech startup Newton School, has raised Series B funding of USD 25 million led by Steadview Capital, with participation from existing investors Nexus Venture Partners and RTP Global.
22/04/2022

Cold Chain Start-up Celcius Raises USD 4.5 Million From Mumbai Angels, Others

Celcius Logistics Solutions Pvt Ltd, which operates the cold chain start-up Celcius has raised USD 4.5 million in a bridge funding round led by Mumbai Angels. Other investors who took part in this funding round include Supply Chain Labs, Endurance Capital, VCats, Keiretsu Forum, Huddle, among others.
21/04/2022

Rural tech start-up Hesa acquires GullyBuy

Rural technology start-up Hesa has announced the acquisition of GullyBuy, a digital marketing technology platform, based out of Pune.
21/04/2022

IFC, PayU invest INR 114 crore in Vayana Network

Vayana Network has raised a further INR 114 crore as part of its Series C funding from International Finance Corporation (IFC) and PayU.
21/04/2022

Ola, is acquiring neobank Avail Finance for USD 49.6 Million

In a resolution passed by ANI Technologies, its board approved an investment of USD 49.6 Million in Goddard Technical Solutions, which operates Avail Finance. Ola owned 9% shares in Avail Finance and will now be acquiring the remaining 88.8% stake in the startup.
21/04/2022

Enterprisetech Unicorn Gupshup Continues Acquisition Spree; Buys AI Startup AskSid To Strengthen Product Offerings

Enterprisetech unicorn Gupshup has acquired a 100% stake in conversational AI provider AskSid in an all-cash deal.
21/04/2022

Cold Chain Startup Celcius Raises USD 4.5 Million To Help Small-Scale Regional Transporters Across India

Mumbai-based cold chain startup Celcius has raised USD 4.5 Million as a part of a Series A funding round led by Mumbai Angels. It aims to close the Series A round at USD 10 Million in the coming months. The round saw participation from investors such as Mumbai Angels, Supply […]
21/04/2022

BookMyShow Acquires Majority Stake In Media & Entertainment Startup TribeVibe

Online ticketing platform BookMyShow has acquired a majority stake in TribeVibe, which provides a one-stop solution for college events, for an undisclosed amount.
21/04/2022

Nat Habit Bags USD 4 Million Funding In Series A Round To Fuel Offline Expansion

Personal care brand Nat Habit has raised USD 4 Million in its Series A funding round led by Fireside Ventures with participation from existing investors. The capital infusion will also see Dipanjan Basu, partner at Fireside Ventures, joining the board of Nat Habit. As part of the deal, many of […]
21/04/2022

Sequoia, Accel, others invest USD 10 Million in influencer-focused platform Rigi.Club

Rigi.Club has secured Series A funding of $10 million (around Rs 76 crore) led by Accel India, Sequoia Capital India and Stellaris Venture Partners. The round also saw participation from a clutch of angel investors including Nitish Mittersain (CEO, Nazara), Apaksh Gupta (CEO, OneImpression), Anupam Mittal (Founder, Shaadi.com) and comedian […]
21/04/2022

Chiratae-backed Vayana Network snags USD 15 Million from IFC, PayU

Digital trade financing network Vayana Network Services Pvt Ltd has raised USD 15 million as part of its Series C funding from International Finance Corporation (IFC) and PayU.
21/04/2022

Toch.ai rebrands itself as VideoVerse as it secures USD 46.8 Million in Series B round

VideoVerse raised Series B funding of USD 46.8 million led by A91 Partners, Alpha Wave Global and Flipkart Founder Binny Bansal. The round also saw participation from Stride Ventures, Innoven Capital and Pacific Western Bank among others, the platform run by Multistream Technologies Pvt Ltd.
21/04/2022

Eruditus founder bets USD 32 Million on Innoven Capital India Fund

Ashwin Damera, Founder and Chief Executive Officer of edtech unicorn Eruditus, has invested INR 240 crore in one of Asia’s leading venture debt and specialty finance platforms InnoVen Capital India Fund.
21/04/2022

SaaS firm Everstage pockets USD 13 Million from Elevation Capital, 3one4 Capital

Sales commissions management platform Everstage has racked up Series A funding of USD 13 million from Elevation Capital and existing investor 3one4 Capital.
21/04/2022

Pantomath announces 1st close of pre-IPO fund, targets INR 500 crore

Pantomath Group announced the first closing of its pre-initial public offering (IPO) focused fund with a target of raising INR 500 crore including a green shoe option of INR 250 Cr. The ‘India Inflection Opportunity Fund’ is a category-II alternate investment fund that aims to invest in diverse pre-IPO opportunities […]
20/04/2022

Mokens League raises USD 2 Million in seed funding, launches its in-game token

NFT-based eSports platform Mokens League has raised USD 2 million from its seed funding round. The company will utilize the proceeds to finish the development cycle of the game as well as installing and maintaining game servers worldwide to provide a latency-free gaming experience.
20/04/2022

Flipkart Acquires D2C SaaS Startup ANS Commerce To Provide Tech Enablement To Brands & Sellers

Walmart-owned ecommerce marketplace Flipkart has acquired a direct-to-consumer (D2C) software-as-a-service (SaaS) startup ANS Commerce for an undisclosed amount.
20/04/2022

Agritech Startup Eeki Foods Raises USD 6.5 Million In Series A Funding

Agritech startup Eeki Foods has raised Series A funding of USD 6.5 Million led by General Catalyst (GC) with participation from Avaana Capital and Better Capital. A few other angel investors such as Irving Fain, CEO and founder of Bowery Farming; Subbu Palaniappan, director and head of Amazon Prime India; […]
20/04/2022

Bollywood Actress Anushka Sharma Invests In D2C Snack Brand Slurrp Farm

Children-focussed snack brand, Slurrp Farm has recently raised an undisclosed investment from Anushka Sharma. Anushka Sharma will join Slurrp Farm’s parent company, Wholsum Food as a brand ambassador.
20/04/2022

Nazara’s Subsidiary NODWIN Gaming Acquires 35% Stake In Gaming Accessories Brand Wings

Gaming and sports company Nazara Technologies has acquired a 35% stake, valued at INR 10.01 Cr, in gaming accessories brand Wings.
20/04/2022

BlackSoil writes USD 1.5 Million cheque to jobs platform WorkIndia

Eloquent Info Solutions Pvt Ltd has secured USD 1.5 million funding from venture debt firm BlackSoil. The Bengaluru-based startup plans to use the fresh proceeds to expand its product footprint across India and ramp up its fraud detection technology.
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