13/07/2021

Mirae Asset, others lead funding in social commerce platform Trell

Trell Experiences Pvt Ltd, which operates a lifestyle community commerce platform, has raised USD 45 million in its Series B funding round led by Mirae Asset, H&M Group and LB Investments. Existing investors KTB Network, Samsung Ventures, and Fosun RZ Capital have also participated in this round.
13/07/2021

Gulf Islamic Investments leads Series B funding in two-wheeler maker Hero Electric

Hero Electric Vehicles Pvt Ltd, which manufactures lithium-ion battery-powered two-wheelers, has raised INR 220 crore in the first part of its Series B round of funding led by Gulf Islamic Investments, a UAE-based financial services firm. Existing investor OAKS Asset Management also participated in this round.
12/07/2021

Instawork raises USD 60 Million in Series C round to expand work marketplace

Flexible staffing solution provider Instawork, has raised USD 60 million in Series C financing led by Craft Ventures for expanding into new markets and job categories. Other investors including Greylock, Corner Ventures, Four River Group, WndrCo, and Tilman Fertitta, also participated in this round along with the existing investors Benchmark, […]
12/07/2021

Tiger Global leads Series D funding in pre-owned cars platform Spinny

Full-stack used car retailing platform Spinny, has raised over USD 103 million in its Series D round led by Tiger Global. Tiger Global has invested around USD 75 million followed by Avenir Growth and General Catalyst which invested USD 17 million and USD 10 million respectively. FJ Labs and GC […]
12/07/2021

Construction Management App Powerplay Raises USD 5.2 Million Funding

Construction management app Powerplay, has raised USD 5.2 million in funding led by Accel Partners and Sequoia Capital India’s accelerator program, Surge. India Quotient and Snapdeal founders also participated in the round. Powerplay is a free mobile app that connects multiple stakeholders involved in construction, enabling them to communicate and […]
09/07/2021

Interactive coding platform Codedamn raises undisclosed pre-seed round from Antler India

Interactive coding platform Codedamn, has raised an undisclosed pre-seed round from Antler India. Codedamn provides an interactive learn-to-code platform to first-time coders and experienced developers to learn, practice, build projects, and get instant feedback in real-time.
09/07/2021

Backpacker hostel startup goSTOPS raises USD 1 Million in pre-Series A round led by IAN, Yuj Ventures

Backpacker hostel brand goSTOPS, has raised USD 1 million in a pre-Series A round led by Indian Angel Network (IAN) and Yuj Ventures.
09/07/2021

Vahak raises USD 5 million in funding led by RTP Global

Vahak, a Bengaluru-based marketplace for road transport businesses and individual commercial vehicle owners, has raised USD 5 million in a pre-series A funding round led by RTP Global with participation from Luxor Capital and Leo Capital.
09/07/2021

DealShare raises USD 144 million from Tiger Global and others

Social commerce platform DealShare, has raised USD 144 million in its latest funding round, at a valuation of USD 455 million. The round was led by Tiger Global and co-led by WestBridge Capital, Alpha Wave Incubation, and Z3Partners. It also included partners of DST Global, Matrix Partners India, and Alteria […]
09/07/2021

Learn Capital returns to lead funding in edtech startup Teachmint

Live teaching platform Teachmint, has raised USD 20 million in a pre-Series B funding round led by global edtech-focused venture capital firm Learn Capital. Existing investor CM Ventures, which focuses on early-stage technology companies, also participated in this round.
09/07/2021

CRMNEXT raises USD 16 million from Avataar Ventures, Ascent Capital

CRMNEXT, a startup that provides enterprise solutions for banks and financial services companies, has raised USD 16 million as part of its Series B funding round led by Avataar Ventures and Ascent Capital.
09/07/2021

Modulor Capital, Pentathlon Venture lead funding in cyber security SaaS startup Botman

Cybersecurity software as a service startup Botman, has raised USD 200,000 as part of its seed funding round co-led by Modulor Capital and Pentathlon Venture.
08/07/2021

PayPal Ventures leads USD 41 million funding round in Shiprocket

Logistics aggregator Shiprocket, has raised USD 41.3 million in a funding round co-led by PayPal Ventures, and existing investor Bertelsmann India Investments. Other existing investors Info Edge Ventures, March Capital, Tribe Capital, and Innoven Capital also participated in the round.
08/07/2021

DanaMojo raises over INR 3 crore in funding

DanaMojo, Bengaluru based startup that provides online payment gateway to non-profit organisations, has raised INR 3.05 crore in its first round of funding from Rohini Nilekani, founder chairperson of Arghyam Foundation and Social Alpha.
08/07/2021

Rhiti and Kanodia Group collaborate for a new venture capital fund

Sports-focused Rhiti Group has collaborated with cement maker Kanodia Group to launch Deep Pockets Capital Venture LLP, a venture capital fund, to incubate budding entrepreneurs as well as fund and scale tech startups. Deep Pockets will focus on tech-specific sectors—including film making, web series and TV shows, sports technology, and […]
08/07/2021

Debt collections platform CanPe raises seed round led by Axilor Ventures, others

CanPe, a Bengaluru-based digital-first intelligent debt collections platform, has raised seed funding led by Axilor. The round also saw participation from Yatra Angel Network, Manipal Technologies, and BetaPlus Capital Partners.
08/07/2021

AI-led startup Fountain9 raises USD 1.9 Million in seed round led by 021 Capital, Y Combinator

AI-led startup in the predictive inventory planning space Fountain9, has raised a seed round of USD 1.9 million from 021 Capital, Y Combinator, Titan Capital, US-based new-age VC firm Globevestor, Harvard Seed Fund, and climate change mission-driven German investment firm Blue Impact Ventures.
08/07/2021

D2C brand Earth Rhythm raises USD 1.2 Million seed round from Anicut Angel Fund

Gurugram-based clean beauty personal care D2C brand Earth Rhythm, has raised USD 1.2 million seed funding from Anicut Angel Fund, the equity arm of Anicut Capital.
08/07/2021

Alteria Capital invests in construction materials marketplace Infra.Market

Infra.Market, a marketplace for construction materials, has raised INR 100 crore in venture debt funding from Alteria Capital.
08/07/2021

BeatO Raises INR 42 Crore Funding Led By W Health Ventures

Digital care ecosystem for chronic condition management BeatO, has raised INR 42 crore in funding led by the US-based venture capital firm W Health Ventures. The funding also saw participation from PharmEasy, Merisis VP, and existing investors Orios VP, Leo Capital, and others.
07/07/2021

Alcobev startup RockClimber raises USD 1 million in pre-Series A funding

RockClimber, an alcoholic beverage brand, has raised USD 1 million from angel investor Anand Prakash Sharma in a pre-Series A funding round.
07/07/2021

Conversational AI startup CoRover raises undisclosed sum from Canbank Venture Capital Fund

Bengaluru-based conversational AI startup CoRover Private Limited, has raised an undisclosed amount from Canbank Venture Capital Fund Ltd (CVCFL). This is the first round of institutional funding raised by the company that claims to be the first human-centric conversational AI company in India.
07/07/2021

Cloud platform Neverinstall raises USD 375K seed round from Speciale Invest

Neverinstall, a startup building a cloud platform to bring any graphical user interface application regardless of OS and device type to the browser, has received around USD 375,000 in seed round. The investment is led by deep-tech venture capitalist Speciale Invest.
07/07/2021

Pocketly raises undisclosed sum from angel investors and micro VCs

Pocketly, a microlending platform for college students, has raised an undisclosed amount of funding led by marquee angels. Other investors were micro VCs such as Prophetic Ventures, Dholakiya Ventures, RIIDL, and Scale VC.
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