01/06/2021

Ananth Narayanan’s Thrasio-Styled Startup Mensa Brands Raises USD 50 Million In Series A Funding

Direct to consumer (D2C) startup Mensa Brands has raised USD 50 Million in a mix of equity and debt in its Series A Funding round from Accel Partners, Falcon Edge Capital, Norwest Venture Partners as well as prominent angel investors such as Kunal Shah, Mukesh Bansal, Rahul Mehta of DST […]
01/06/2021

FundEnable raises seed round from BRTSIF

FundEnable, a platform that upskills and prepares entrepreneurs to raise capital, has raised an undisclosed amount from BSE’s BIL Ryerson Technology Startup Incubation Foundation. The funds were raised from the government’s NIDHI Seed Support System and other angels including Rachit Poddar
01/06/2021

Accio Robotics raises fresh round of funding by Uday Sodhi

Accio Robotics, a robotics automation company has raised a fresh round of funding led by Uday Sodhi, co-founder of Founder’s Room Capital and also saw participation from Jignesh Kenia, Utpal Doshi, Girish Jain, and Pankaj Bhargava and others from the CIO Angel Network.
01/06/2021

Jobsgaar raises funding to establish proof of concept and fund its product development and growth

Hyperlocal job search platform Jobsgaar Technologies secured an undisclosed amount in cash from Hyderabad-based SucSEED Indovation Fund and other angels include Rohit Chanana, Jasminder Singh Gulati, Poonam Kaul, Sunil Kamath, Mandeep Singh and Gunjan Paharia.
01/06/2021

Fidelity leads pre-IPO round in Delhivery

Ahead of its proposed public offering, logistics company Delhivery has raised nearly USD 277 Million from a group of investors led by US investment firm Fidelity. Singapore sovereign wealth fund GIC, Chimera Investment LLC, and UK’s Baillie Gifford participated in the round
01/06/2021

Tiger Global leads Series A funding in group health insurance startup Plum

Group health insurance startup Plum has raised INR 113 crores in Series A funding led by Tiger Global Management and angel investors including Kunal Shah, Gaurav Munjal etc and also saw participation from existing investors Sequoia Capital India’s Surge, Tanglin Venture Partners, Incubate Fund, and Gemba Capital
01/06/2021

Mirae Asset leads USD 30 Million Series A in Jai Kisan

Rural fintech startup Jai Kisan has raised USD 30 Million in a Series A round of funding led by Mirae Asset and also saw participation from Syngenta Ventures and existing investors Blume Ventures, Arkam Ventures, NABVENTURES, Prophetic Ventures, and Better. The round’s debt component was financed by Blacksoil, Stride Ventures, […]
31/05/2021

Dream11’s FanCode Gets USD 50 Million Infusion From Parent Firm

Mumbai-based sports tech startup Dream Sports, the parent company of fantasy gaming unicorn Dream11, has infused USD 50 Million funding in one of its subsidiaries FanCode, which is a multisport aggregator platform. The investment was carried through Dream Sports’ investment arm Dream Sports Investments (DSI).
31/05/2021

Tata Digital Acquires Majority Stake In BigBasket

Tata Digital Limited, a 100% subsidiary of Tata Sons has acquired a majority stake in Supermarket Grocery Supplies Bigbasket that is India’s largest e-commerce player in the food and grocery segment. The board of BigBasket has approved the sale of a majority stake to the Tata Group
31/05/2021

Electric tractor startup Cellestial raises USD 500K in pre-Series A round

Electric tractor startup Cellestial E-mobility said it has raised USD 500 K in a pre-Series A round, bringing its valuation to USD 35 Million from Electric Motor Company co-founder Ashik Karim, Gurj Aujla and other rich persons from Canada with links to agriculture, commercial banking and wealth management.
31/05/2021

ah! Ventures invests in beverages startup Barbrew

Fundraising platform ah! Ventures have invested an undisclosed amount in beverages startup Barbrew. Barneys Hard Seltzer is an alternative drink to beer, wine, and cocktails, being produced by Barbrew.
31/05/2021

Encubay Angel Network Closes Its First Investment In Ready Set Jet

Encubay Angel Network, a network of angel investors, aspiring investors, entrepreneurs have made an investment of INR 50 Lakhs in Ready Set Jet, a global lifestyle and Beauty brand. Encubay is a strategic partner of Ready Set Jet in India and this investment aims at encouraging building a sustainable ecosystem
28/05/2021

Agritech startup FarMart raises USD 2.4 Million in pre-series A round led by Omidyar Network India, Avaana Capital

Gurugram-based FarMart, a mobile-based agritech platform that helps large food businesses leverage its network of agri-retailers to source quality produce directly from farmers, has raised USD 2.4 million in pre-series A round led by Omidyar Network India and Avaana Capital. Existing investors Indian Angel Network and LetsVenture also participated in […]
28/05/2021

IIT Delhi-backed personal care startup Clensta raises INR 5 Crore from N+1 Capital

Clensta, a startup in the personal care and homecare space backed by IIT Delhi, has raised INR 5 crore from N+1 Capital. It has recently had a strategic tie-up with the pharma brand Cipla for its first commercialized products Waterless Bodybath and Waterless Shampoo.
28/05/2021

Mobility startup Get My Parking raises USD 6 Million from IvyCap Ventures, IAN Fund

Bengaluru-based mobility and smart parking startup Get My Parking, has raised USD 6 Million in a fresh funding round led by IvyCap Ventures. Existing investor IAN Fund also participated in this round. The startup will use the new funds to scale its IoT platform and extend its footprint in the […]
28/05/2021

Billionaire investor Mark Cuban invests in Indian crypto startup Polygon

Bengaluru-based blockchain technology company Polygon, has raised an undisclosed amount of funding from US-based tech billionaire and serial startup investor Mark Cuban.
28/05/2021

Goat Capital, others invest seed money in corporate card startup Kodo

Kodo, which offers corporate cards and spend management tools for startups, has raised USD 8.7 million seed capital from investors including Brex, Goat Capital, Pioneer Fund and other Silicon Valley players.
28/05/2021

Facebook co-founder’s B Capital leads funding in conversational commerce platform Yalo

Yalo, which describes itself as a chat commerce startup building tools for businesses to use messaging apps as part of their customer outreach and sales strategies, has raised USD 50 million in a Series C round of financing led by existing venture investor B Capital Group.
27/05/2021

Cuvette Tech raises investment from Titan Capital, others

Bangalore-based Cuvette Tech, a platform to connect companies with a verified pool of student software developers on a full-time or a part-time internship basis, has raised USD 180,000 in a seed round of funding. The investment is led by Titan Capital, Varun Alagh, Co-founder Mamaearth, Harish Daiya, Co-founder Lumenci, and […]
27/05/2021

Career discovery startup Mentoria raises INR 1.5 Crore from Indian Angel Network, others

Mentoria, a career discovery platform that enables students and early working professionals to discover themselves and their ideal career paths, has raised INR 1.5 crore in a pre-Series A round of funding from Indian Angel Network (IAN). The round also saw participation from angel investors, including Jayant Mehrotra, and Pradeep […]
27/05/2021

Conversational AI startup Rezo.ai raises seed round led by Modulor Capital, others

Rezo.ai, a conversational AI startup, has raised an undisclosed amount of funding in a seed round led by Modulor Capital, Dexter Angel Network, Veda Labs and prominent angels including Bhavesh Manglani and Devesh Sachdev.
27/05/2021

Y Combinator-backed matchmaking startup Betterhalf.ai raises USD 3M in pre-Series A round

Betterhalf.ai, the AI-driven matrimonial app has raised USD 3 million in a pre-Series A round. The startup saw participation from venture capital firms, including S2 Capital and Quiet Capital and marquee angel investors like Kunal Shah and Samvit Ramadurgam.
27/05/2021

Sentieo raises USD 20 Million in Series B round led by Ten Coves Capital

Sentieo, the US and India based fintech startup, has raised USD 20 million in a Series B round of funding. This round was led by Ten Coves Capital with participation from existing investors Centana Growth Partners and Studio Management.
27/05/2021

GradCapital launches fund to support student startups

Student focused venture capital firm gradCapital, has launched a USD 1 million fund to help graduates grow their ideas into businesses. GradCapitaUSD will invest USD 25,000 in each of the 20 startups it will select over the next year.
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