29/04/2022

Temasek Holdings commits USD 162.5 Million in Zomato-backer Info Edge’s three funds

The Temasek arm will invest USD 50 Million in the second scheme of Info Edge Venture Fund (IEVF), follow on of fund I; USD 75 Million in Info Edge Capital’s IE Venture Investment Fund II and USD 37.5 million Rs 287 crore in Capital 2B Fund I
29/04/2022

Kalaari Capital backs AI-based platform Convin.ai in seed funding

AI-driven platform Convin has raised INR 16 crore in its seed funding round led by Kalaari Capital.The Bengaluru-based startup plans to deploy the fresh capital to hone its end-to-end assisted selling platform and expand product and go-to-market teams
28/04/2022

Premium tea brand Teamonk raises INR 3.5 crore in Pre-Series A round led by Inflection Point Ventures

Teamonk has raised INR 3.5 crore in a Pre-Series A round led by Inflection Point Ventures. The funds raised will be utilised for domestic penetration and exploring uncharted territories in international markets.
28/04/2022

Venturi Partners Raises USD 175 Million To Back Indian And SEA Startups

Venturi Partners has fully closed its first consumer-focused fund at USD 175 Million. The VC firm closed the round on Tuesday, according to a press statement.
28/04/2022

Airtel Acquires 7% Stake In NaaS Startup Cnergee

Indian telecom giant Bharti Airtel has acquired a 7% stake in Mumbai-based cloud networking solutions provider Cnergee Technologies under Airtel Startup Accelerator Program for an undisclosed amount.
28/04/2022

Seafood Marketplace Captain Fresh Closes USD 7.3 Million C Series Funding From Evolvence Group

Tech-enabled B2B animal protein marketplace Captain Fresh has raised around USD 7.3 Million from Evolvence Group as a part of its extended Series C round.
28/04/2022

D2C Furniture Startup Wooden Street Secures USD 30 Million To Add New Categories

Jaipur-based D2C furniture startup Wooden Street has raised around USD 30 Million in its Series B funding round in a mix of primary and secondary investments. The round was led by Westbridge Capital.
28/04/2022

Agritech Startup Poshn Raises Funding To Organise Agri-Supply Chain

New Delhi-based agritech startup Poshn has raised INR 28.8 Cr in its seed funding round led by Prime Venture Partners along with Zephyr Peacock.
28/04/2022

Healthtech Startup Ayu Health Raises USD 21 Million From Fundamentum Partnership

Bengaluru-based healthtech startup Ayu Health is raising USD 21 Million in its Series B round of funding. The fresh investment round is being led by Nandan Nilekani’s Fundamentum Partnership. It will also see participation from Stellaris Venture Partners, Vertex Ventures, Waao Partners, Capier Investments, among others.
28/04/2022

WestBridge Capital bets USD 30 Million on furniture brand WoodenStreet

Jaipur-based online furniture platform WoodenStreet has raised Series B funding of USD 30 million from homegrown private equity fund WestBridge Capital. The company will use the fresh funds for geographical expansion, upgrading its technology platform, expansion of supply chain and to roll out new category offerings.
28/04/2022

Vini Cosmetics founder backs EV startup BGAUSS

Electrical equipment maker RR Global-owned electric 2-wheeler brand BGAUSS, Wednesday said it has raised INR 52 crore in a funding round led by Darshan Patel, founder of Vini Cosmetics Pvt. Ltd, along with participation from other investors.
27/04/2022

Zerodha’s Rainmatter Capital invests in Actlogica

Actlogica, a wealth and investment management platform, has raised INR 3 crore in seed funding from Zerodha-backed Rainmatter Capital.
27/04/2022

Investing platform Sateeq raises angel funding

Sateeq, an investing platform, has raised an undisclosed angel round from a clutch of founders and angel investors. The investors include Himanshu Periwal (Founder, unlu), Sarthak Goel (Founder, Y-Combinator backed InVoid), Vaibhav Jalan (Smallcase), Nikunj Jain (Forbes 30-Under-30), Amitesh Sinha (Partner SIMA Funds) and Kunwar & Amit (Founder, UnFinance).
27/04/2022

Menterra Social Impact Fund invest in iDreamCareer

Career counselling start-up iDreamCareer (iDC) has received INR 12.5 crore in a round led by Menterra Social Impact Fund.The round saw participation from Swiss-based Artha Impact and follow-on participation from existing investors Atlanta, US-based Gray Matters Capital (GMC).
27/04/2022

Global Ecommerce Software Company Assembly Acquires Chennai-Based DaaS Startup PipeCandy

Chennai-based data-as-a-service (DaaS) startup PipeCandy has been acquired by the US-based ecommerce software company Assembly for an undisclosed amount. The acquisition will help Assembly to offer data sets on DTC ecommerce brands. It will further help PipeCandy to scale its product and business insight offerings to brands and ecommerce operators.
27/04/2022

Web3, Crypto-Focused Investor Amesten Capital Bags USD 9 Million To Focus On DeFi Finance, Gaming Space

Web3 and crypto-focused investor Amesten Capital has secured USD 9 Million from family houses in the Middle East and Europe to set up a new fund to be focussed on gaming space, decentralised (DeFi) finance, and infrastructure.
27/04/2022

Fintech Unicorn CredAvenue Acquires 82% Stake In SaaS Startup Corpository

Fintech unicorn CredAvenue has acquired an 82% stake in SaaS startup Corpository through a combination of primary investment and secondary purchase from existing shareholders.
27/04/2022

Westbridge Capital leads USD 22 Million round in telehealth platform Truemeds

IntelliHealth Solutions Pvt.Ltd has raised USD 22 million in a Series B funding round led by private equity fund Westbridge Capital. The fresh funds will be used to accelerate growth in the untapped domestic market and expand its coverage across the country.
27/04/2022

3one4 Capital, PointOne Capital, others bet on water delivery app GoPaani

GoPaani has secured seed funding of USD 600,000 from 3one4 Capital and PointOne Capital. The round also saw participation from other angel investors including Mukund Jha (Co-Founder, Dunzo), Rohit Gupta (CEO, Dream Game Studios), Sharath Gururaj (India Head, Cermati.com), Devendra Laulkar (Co-Founder, Avoma) and Satish Thakur (AVP, Swiggy), among others.
27/04/2022

AI consulting startup Navikenz raises USD 4 Million in seed funding

Artificial intelligence (AI) consulting company, Navikenz has raised USD 4 million in its seed funding round led by Sudip Nandy, ex-CEO of Aricent and Sekar PRC, ex-CEO of Hexaware, among other high networth individuals (HNIs).
27/04/2022

Staqu seeks to bolster demand for its proprietary AI tech via pre-Series A round

Staqu has raised INR 11 crore as part of its pre-series A funding round from Mount Judi Venture and SIS Limited. Existing investor Indian Angel Network (IAN) exited the company partially in this round.
26/04/2022

BNPL Fintech Startup Zenda Raises USD 9.4 Million From VentureSouq, Others

Buy now pay later (BNPL) fintech startup zenda has raised USD 9.4 Million in an oversubscribed seed funding round. The round saw participation from STV, COTU, Global Founders Capital, and VentureSouq.
26/04/2022

FreshMenu Bags USD 6.5 Million From Former Blackstone MD’s Fund

Foodtech and cloud kitchen startup FreshMenu will be raising USD 6.5 Million from former Blackstone India MD Cyriac Mathew’s Florintree Advisors.
26/04/2022

Edtech Platform Veranda Learning To Acquire Test-Prep Institute T.I.M.E. For INR 287 Cr

Edtech platform Veranda Learning has signed a definitive agreement to acquire test-preparation institute T.I.M.E. for INR 287 Cr.The acquisition will enable Veranda to expand its footprint across the country. Once the deal goes through, it will also mark Veranda’s foray into the MBA, NEET and JEE test-prep segment.
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