02/06/2023

Aurum PropTech Takes Over Sequoia-Backed NestAway

Aurum PropTech Ltd (formerly known as Majesco Limited) has completed acquisition of Bengaluru-based online home rental startup NestAway Technologies Pvt Ltd, tech-driven revolution in the rental housing market is in perfect accord with our mission to revolutionise the residential rental industry in India, for USD 11 Million. Jitendra Jagadev will […]
02/06/2023

Google Leads USD 36 Million Round In Spacetech Startup Pixxel

Bengaluru-headquartered spacetech startup Pixxel, a space technology company building a constellation of cutting-edge earth imaging satellites and a software platform to extract imagery insights, raised USD 36 Million from Google in Series B funding round.
01/06/2023

KarmaLife raises INR 44 Cr in pre-Series A extension round

KarmaLife, an earnings-linked financial solutions provider for the gig and blue-collared workforce, has raised INR 44 Cr in an extension to its pre-Series A funding round led by Krishna Bhupal’s family office and existing investor, Artha Venture Fund, amongst others. The round saw participation from other existing investors, including Net […]
01/06/2023

BharatNXT raises USD 1.2 Million in seed round led by Inflection Point Ventures

B2B fintech platform BharatNXT, allows small and medium-sized businesses to use credit cards for their B2B transactions, has raised USD 1.2 Million in a seed round led by Inflection Point Ventures. The round also saw participation from Japanese VC – Spiral Ventures, Keiretsu Forums, and Panthera Peak Capital.
01/06/2023

Capillary raises USD 45 Million from Avataar Ventures and others

Capillary Technologies, a loyalty management and customer engagement technology solutions, has announced the closure of its Series D funding round worth USD 45 Million from a consortium of global investors – Avataar Ventures along with its LPs, Filter Capital, and Innoven Capital.
01/06/2023

YOLO raises pre-seed money from Shuru-Up, Growth91 and others

Fintech startup YOLO, aims at the development of a payments app-based platform tailored specifically for promoting the usage of digital money transactions for teenagers, has raised an undisclosed sum in a pre-seed round led by Shuru-Up, Growth91 and angel investors.
01/06/2023

Business-to-business (B2B)-focused fintech startup BharatNxt has raised USD 1.2 Million in a seed funding round led by Inflection Point Ventures.

Business-to-business (B2B)-focused fintech startup BharatNxt, a payment platform that allows small and medium enterprises (SMEs) to use credit cards for their B2B transactions, has raised USD 1.2 Million in a seed funding round led by Inflection Point Ventures. The round also saw participation from Spiral Ventures, Keiretsu Forums and Panthera […]
01/06/2023

KarmaLife has secured USD 5.3 Million in an extended pre-Series A funding round co-led by Krishna Bhupal’s family office

Gig workers-focused financial services startup KarmaLife, an earnings-linked financial solutions provider for the gig and blue-collared workforce, has secured USD 5.3 Million in an extended pre-Series A funding round co-led by Krishna Bhupal’s family office and existing investor Artha Venture Fund. The round also saw participation from Net Graph Investments, […]
31/05/2023

Scaler acquires Delhi-based edtech platform Pepcoding

Tech upskilling startup Scaler, focuses on upskilling college students and tech professionals, has acquired a Delhi-based edtech platform, Pepcoding, an instructor and content creator to help improve the learner experience, especially in the Low-Level Design (LLD) curriculum, for an undisclosed amount. The acquisition is aimed at further ramping up growth […]
31/05/2023

Cooling solutions startup Tan90 has raised USD 1.3 Million in a pre-Series A funding round co-led by Blue Ashva Capital and Capital A

Cooling solutions startup Tan90, provides its clients with proprietary passive cooling solutions that enable them to transport their perishables with any logistics service including electric vehicles, has raised USD 1.3 Million in a pre-Series A funding round co-led by Blue Ashva Capital and Capital A. The round also saw participation […]
31/05/2023

Climatetech startup Newtrace has raised USD 5.65 Million in a seed funding round co-led by Sequoia Capital India and Aavishkaar Capital

Climatetech startup Newtrace, a climatetech startup that aims to make green hydrogen production cheaper, scalable and efficient by way of its proprietary, patent-pending electrolyzer technology, has raised USD 5.65 Million in a seed funding round co-led by Sequoia Capital India and Aavishkaar Capital. The round also saw participation from existing […]
30/05/2023

LaundryMate has raised INR 50 Cr in Pre-Series A funding from Blume Founders Fund

BigBasket Cofounder’s LaundryMate, an online laundry services startup founded by Bigbasket co-founder Abhinay Choudhary, has raised INR 50 Cr in Pre-Series A funding from Blume Founders Fund and several angel investors.
30/05/2023

Kisankonnect has secured an undisclosed amount in a funding round from actress Shilpa Shetty Kundra

Agritech startup Kisankonnect, an agritech platform that provides farm fresh vegetables, fruits, village staples, millets and homemade food to its customers via its online platform, has secured an undisclosed amount in a funding round from actress Shilpa Shetty Kundra.
30/05/2023

ShipEase has secured INR 4.5 Cr in a funding from revenue-based financier Recur Club

SaaS startup ShipEase, a SaaS-based supply chain solution for D2C and small and medium enterprise (SME) customers, has secured INR 4.5 Cr in a funding from revenue-based financier Recur Club.
30/05/2023

Balwaan Krishi has raised USD 2 Million as a part of its pre-Series A funding round led by Caspian Equity’s agriculture-focused fund

Agritech startup Balwaan Krishi, n agricultural technology company specialising in small farm machines, has raised USD 2 Million as a part of its pre-Series A funding round led by Caspian Equity’s agriculture-focused fund Caspian Leap for Agriculture Fund. The round also saw participation from a clutch of angel investors including […]
30/05/2023

LaundryMate has raised USD 6.25 Million in a pre-Series A funding round from Blume Founders Fund

New Age Consumer Services Pvt Ltd, which owns online laundry services brand LaundryMate, has raised USD 6.25 Million in a pre-Series A funding round from Blume Founders Fund, along with a host of angel investors including Ankit Bhati (Ola), Charudatta Deshpande (Cilix Capital), Jignesh Bhate (Molecular Connections), Karan Singh (Trilegal), […]
30/05/2023

Aeravti Ventures Hits First Close For Maiden Early-Stage VC Fund

Early-stage venture capital firm Aeravti Ventures has hit the first close for its maiden fund that aims to raise as much as INR 100 Cr. The fund will back startups across sectors such as deep-tech, deep sciences, biosciences, agri-tech, climate and enterprise tech. It will make investments between pre-seed and […]
29/05/2023

Atomberg raises USD 86 Million in Series C round led by Temasek and Steadview

Consumer appliances brand Atomberg has raised USD 86 Million in its Series C funding round led by Temasek and Steadview Capital with participation from Trifecta Capital and existing investors Jungle Ventures and Inflexor Ventures via a mix of primary and secondary transactions.
29/05/2023

Legal-tech startup Clara raised an undisclosed amount from Silicon Valley’s innovation platform Plug and Play.

Legal-tech startup Clara, it acilitates digitization and automation of legal tasks for entrepreneurs, raised an undisclosed amount from Silicon Valley’s innovation platform Plug and Play.
29/05/2023

Saudi Arabian B2B online furniture marketplace Baytonia raised seed funding of an undisclosed amount, led by Khwarizmi Ventures

One-year-old Saudi Arabian B2B online furniture marketplace Baytonia raised seed funding of an undisclosed amount, led by Khwarizmi Ventures with participation from angel investors. It aims to expand its offerings across Saudi Arabia and scale its operations.
29/05/2023

Lifemost raised USD 650 K in a pre-seed funding round from a group of angel investors

The UAE-based B2B health-tech startup Lifemost, an app-based platform for corporates to provide employees with mental healthcare services, raised USD 650 K in a pre-seed funding round from a group of angel investors to support product development and explore expansion into new Middle East and North African markets.
29/05/2023

ZainTech acquired cloud-native engineering firm Adfolks for an undisclosed amount

ZainTech, the digital and ICT solutions arm of Zain Group, acquired cloud-native engineering firm Adfolks for an undisclosed amount to expand its technology offerings and to widen its customer base. The acquisition will facilitate Zain’s plans to transform from a mobile operator to a multi-core digital ICT entity.
26/05/2023

Capri Global Acquires Majority Stake In Car Selling Platform

Capri Global Holdings Pvt Ltd (CGHL), the holding company for Capri Global Capital Ltd, has acquired a 51% stake in new-car selling platform CarLelo to expand its lending business. Capri Global is making an investment of INR 150 Cr for the acquisition. Capri Loans, will look to expand its presence […]
25/05/2023

Lightspeed-backed XFlow Raises USD 10.2 Million in Pre-Series A Round

Established in 2021 by Anand Balaji and Ashwin Bhatnagar, XFlow, a financial services and infrastructure company that simplifies the cross-border payments experience for businesses, has raised USD 10.2 Million in its pre Series A round. The round was led by Square Peg with participation from Moore Strategic Ventures and existing […]
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