07/07/2021

Iron Pillar Raises USD 10 Million From Allana Group For Second Growth Stage Fund

Growth stage investor Iron Pillar has announced receiving an investment of USD 10 Million from food and meat export giant Allana Group in its Fund II. The second fund has already invested in SaaS startups CoreStack and Ushur.
06/07/2021

Fintech platform Pine Labs announces USD 600 Million round led by Fidelity and BlackRock

Pine Labs Pvt. Ltd., a payments platform for merchants in India and Southeast Asia, has raised USD 600 million led by Fidelity Management & Research Company and BlackRock Inc. Investors participating in the round included a fund advised by Neuberger Berman Group LLC and India’s IIFL Finance Ltd. and Kotak […]
06/07/2021

Crowdsourcing platform MyMobiForce raises USD 1.42 Million led by Bharat Inclusion Seed Fund

MyMobiForce an online marketplace to connect Field workers with Service companies, has raised USD 1.42 million as part of its pre-Series A round led by Bharat Inclusion Seed Fund, with participation from a group of angels led by Manu Iyer of Bluehill Capital, Acsys Investments, and Ashutosh Agrawal.
06/07/2021

Leadership development startup PeakPerformer raises early-seed round from Antler India

PeakPerformer, a coaching platform for managers, has raised early-seed funding from global venture capital firm Antler India. Gaurav Munjal and Saket Agarwal, Founder of Onnivation also participated in this round.
06/07/2021

Rewards-based payment network TWID raises USD 2.5 Million led by BEENEXT, Sequoia’s Surge

Rewards-based payment network TWID (That’s What I Do) raised USD 2.5 million led by BEENEXT and Sequoia Capital India’s Surge. The round also saw participation from angel investors Kunal Shah, Rajul Garg and YourNest India.
06/07/2021

Assisted living space startup Arcatron Mobility raises growth financing through Klub

Pune based assisted living startup Arcatron Mobility, that manufactures next-generation mobility devices, has raised an undisclosed amount in growth financing through revenue-based financing platform, Klub.
06/07/2021

Leegality Raises Pre-Series A Funding From IIFL

Gurugram-based document execution platform Leegality, has raised pre-Series A funding led by IIFL Securities Capital Enhancer Fund. Existing investors including Mumbai Angels also participated in the round.
06/07/2021

Skylark Drones raises USD 3 Million led by InfoEdge Ventures and IAN Fund

Drone platform startup Skylark Drones, has raised USD 3 million in a pre-series A funding round led by InfoEdge Ventures and IAN Fund with participation from AdvantEdge Founders, Fowler Westrup, Redstart Labs, IKP and Vimson Group.
06/07/2021

Logistics startup Locad gets seed funding from Sequoia Surge, others

Logistics and supply chain management integrator Locad, has raised USD 4.9 million in funding, in a seed round led by Sequoia Capital India’s Surge, with participation from Antler, Febe Ventures, Foxmont, Global Founders Capital, Gokongwei Family, and Hustle Fund.
05/07/2021

Sweden’s MTG acquires Indian games developer PlaySimple for USD 360 million

Swedish gaming company Modern Times Group (MTG) has acquired Bengaluru-based word games developer PlaySimple for USD 360 million, in a cash and stock deal. MTG, which bought the company through subsidiary MTG Gaming, will pay 77% of the acquisition price in cash and the remaining through its Class B shares.
05/07/2021

Furlenco raises INR 1,000 Crore led by Zinnia Global

Furniture rental startup Furlenco, has raised INR 1,000 crore in a mix of debt and equity as part of its latest funding round led by Zinnia Global Fund. Existing investors CE-Ventures and Lightbox Ventures also participated in this round.
05/07/2021

Gaming startup WinZO raises USD 65 million from Griffin Gaming Partners

WinZO, an online gaming and entertainment platform, has raised USD 65 million in a Series C funding round led by California-based Griffin Gaming Partners, a global gaming fund.
05/07/2021

Licious raises USD 192 million led by Temasek, Multiples

Licious, a direct-to-consumer fresh meat and seafood brand, has raised USD 192 million as part of its Series F round, led by the Singapore government’s investment company Temasek, and Multiples Private Equity. Brunei Investment Agency also participated in the round.
02/07/2021

Fraazo raises USD 15 million from Sixth Sense Ventures, others

Fraazo, a direct-to-consumer brand in the fresh vegetables and fruits space, has raised USD 15 million in a Series A funding round led by Sixth Sense Ventures. Nabventrues and existing investors Equanimity Ventures, Apar Group and Asian Paints’ Manish Choksi also participated in the current round.
02/07/2021

Enterprise commerce AI provider Hypersonix raises USD 35 Million in Series B round led by B Capital Group, others

Hypersonix, an enterprise AI platform for commerce, has raised USD 35 million as part of its Series B funding round led by existing investor B Capital Group, with participation from Intel Capital, Firebolt Ventures, Magicus Ventures and Gokul Rajaram, among others. The round values the company at USD 200 million.
02/07/2021

ION Energy raises USD 3.6 Million from Amazon’s Climate Pledge Fund, others

ION Energy, an energy-tech startup building advanced electronics and software platforms for new energy enterprises, has raised USD 3.6 million in Pre-Series A funding. The round was raised from Amazon’s Climate Pledge Fund and joined by Silicon Valley-based Climate Capital, early-stage investor YourNest Venture Capital, Riso Capital, Venture Catalysts, and […]
02/07/2021

The Sleep Company raises INR 13.4 Crore in Pre-Series A round led by Fireside Ventures

SmartGRID mattress manufacturer The Sleep Company, has raised INR 13.4 crore in pre-Series A round. The round was led by Fireside Ventures and also saw participation from LogX Ventures and Mamaearth founder Varun Alagh.
02/07/2021

F&V startup Gourmet Garden raises INR 25 Crore led by Beyond Next Ventures, M Venture Partners and others

Bengaluru-based fruits and vegetables brand Gourmet Garden which uses its patented naturoponic farming approach to grow its produce,has raised INRF 25 crore in its latest round led by Beyond Next Ventures, M Venture Partners, and existing investors Incubate India and Whiteboard Capital, among others.
02/07/2021

Deeptech startup peAR raises INR 2.5 Crore in pre-Series-A1 led by Inflection Point Ventures

Deeptech computer vision and augmented reality (AR) specific startup peAR Technologies, has raised INR 2.5 crore in a pre-Series A1 round led by Inflection Point Ventures. The startup has developed an AR application peAR-Food Menu for restaurants to offer customers the chance to watch the entire menu in 3D AR […]
01/07/2021

Licious executives launch digital pet care platform; raise USD 2.6 Million in pre-series A round led by Saama Capital, DSG Consumer Partners

Digital petcare startup Supertails, has raised over USD 2.6 million in pre-Series A round led by Saama Capital and DSG Consumer Partners. Other investors include global Indian icon Deepika Padukone, Titan Capital, Sauce VC, and Whiteboard Capital.
01/07/2021

Meddo closes pre-Series A round at USD 6 Million led by SRI Capital, Picus Capital, and Alkemi Capital

Meddo an online doctor consultation and appointment booking platform, has closed pre-Series A round at USD 6 million led by SRI Capital, Picus Capital, and Alkemi Capital.
01/07/2021

Edtech startup Nalanda Learning raises INR 40 Crore from Aavishkaar Capital

Kolkata-based chain of affordable preschools startup Nalanda Learning, has raised INR 40 crore from Aavishkaar Capital. Having established market leadership in West Bengal through its chain of ‘Little Laureates’ pre-schools, the company has now set its sights on expanding nationally through its high-quality integrated platform of digital content, curriculum, and […]
01/07/2021

Online Pharmacy TABLT raises USD 3 Million in Series A round from Siti Cable

TABLT, a Bharat focussed Online Pharmacy which deals in medicines and healthcare products has raised USD 3 million in a Series A round from Siti Cable, a unit of Siti Network.
01/07/2021

Inflexor Ventures marks final close of new fund, overshoots target corpus

Early-stage venture capital firm Inflexor Ventures, has marked the final close of its new fund at over INR 600 crore, overshooting its target corpus of INR 500 crore. The fund is sector agnostic with a primary focus on business-to-business enterprise startups leveraging deep technology. It invests in pre-Series A and […]
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