29/07/2020

Home services startup Rekla pulls in seed funding

Rekla, which offers manpower for home services as well as delivers essential items, has raised an undisclosed seed funding from angel investors.  
28/07/2020

GigIndia raises INR 7.3 crore Pre-Series A round from Incubate Fund India, others

Pune based, B2B gigs marketplace GigIndia has raised INR 7.3 crores in Pre-Series A led by Incubate Fund India with participation from Beyond Next Ventures. Existing angel investors also participated in the round.
28/07/2020

Legal-tech startup Lawyered raises bridge round

Sproutech Solutions, a Delhi-based company that owns and operates legal-tech platform Lawyered, has raised an undisclosed amount in a bridge round of funding led by angel investors from the US, UK and Canada.  
28/07/2020

SATYA MicroCapital raises INR 72.5 crore from BlueOrchard Finance

New Delhi-based microfinance startup SATYA MicroCapital Limited has announced that it has raised INR 72.5 crore led by Swiss impact investor, BlueOrchard Finance Limited.  
28/07/2020

IFC to offer USD 30 million to vaccine maker Biological E

The International Finance Corporation (IFC), the private-sector investment arm of the World Bank, has proposed to provide a loan of up to USD 30 million to Hyderabad-based vaccine manufacturer Biological E Ltd.  
27/07/2020

Matrix Partners, SAIF invest in seed funding round of fintech firm Jodo

Bharosepe Technology Services Pvt. Ltd, which operates financial-technology firm Jodo, has raised INR 28.5 crore in seed funding from investment firms including Matrix Partners, SAIF Partners, and a clutch of high net-worth angel investors.  
27/07/2020

Electric scooter maker Ather Energy snags fresh funding from Hero MotoCorp

Electric scooter maker Ather Energy Pvt. Ltd has raised INR 84 crore from existing backer Hero MotoCorp Ltd as an extension of its Series C funding round. The fresh investment will increase its stake in the startup to 38.57% from 34.58%.  
27/07/2020

Snacks brand SnackAmor pulls in funding from former Ola adviser

Mumbai-based healthy snacks maker SnackAmor has raised an undisclosed funding from Srinivas Chunduru, a former adviser to cab aggregator Ola. Chunduru invested via his family office VANS Investments.  
24/07/2020

India Angel Fund backs content startup WYN Studio

Content startup WYN Studio has secured INR 50 lakh in a seed funding round from India Angel Fund. The investment round was led by Sanjeev Sinha, CEO,India Japa n partnership fund; Pranay Anthwal, Narendra Firodia, founder, Sohamm Unicorp and Rahul Narvekar, co-founder, India Angel Network.  
24/07/2020

Autodesk acquires construction software provider Pype at an undisclosed amount

Nasdaq listed Autodesk Inc, one of the global leaders in computer-aided design (CAD) software, has signed a definitive agreement to acquire Pype, a AI based construction software provider, at an undisclosed amount.  
23/07/2020

Vernacular Edtech Startup Entri Raises USD 3.1 Million To Capitalise On Growth Spike

Vernacular edtech startup Entri has closed its pre-Series A funding round at USD 3.1 Million after raising an additional USD 1.7 Million led by Good Capital. HyperTrack founder Kashyap Deorah and BigBasket HR head Hari TN also participated in this round along with several angel investors from Silicon Valley and […]
23/07/2020

Solar solution startup Fourth Partner Energy raises USD 15 Million in third round from responsAbility

Bengaluru-based solar solution startup Fourth Partner Energy, has raised USD 15 million in its third round of funding from Zurich-based development asset manager ResponsAbility Investments AG.  
22/07/2020

Jewellery retailer BlueStone raises inside round from Accel, Kalaari

BlueStone Jewellery and Lifestyle, which owns and operates omni-channel jewellery brand BlueStone, has raised INR 14.73 crore from  Accel, Kalaari Capital, Iron Pillar and others.    
22/07/2020

Mobile Premier League raises fresh capital from Singapore-based parent

Bengaluru headquartered mobile fantasy esports platform Mobile Premier League (MPL) has raised INR 64.93 crore  from its Singapore-based parent entity M-League.  
22/07/2020

Singapore-based marketing SaaS startup Insider gets USD 32 million to enter the US

Insider a Singapore-based startup that develops software to help clients make marketing decisions, has raised USD 32 million Series C. The round was led by Riverwood Capital, with participation from Sequoia India, Wamda and Endeavor Catalyst.  
22/07/2020

Edtech firm iNurture raises debt funding from existing backer BlackSoil

iNurture Education Solutions Pvt. Ltd, a provider of formal higher education programmes in India,  has raised INR 10 crore in debt funding from existing investor BlackSoil Capital Pvt. Ltd.  
22/07/2020

Sequoia, Matrix write Series A cheques to B2B marketplace Bijnis

Bijnis, an online business-to-business (B2B) marketplace for fashion and lifestyle, has raised USD 10 million in a Series A round of funding. The round was led jointly by venture capital firms Sequoia Capital and Matrix Partners.  
21/07/2020

Agritech startup Vegrow raises USD 2.5 Million led by Matrix Partners India, Ankur Capital

Vegrow, a Bengaluru-based agritech startup focussed on aggregating small farms, has raised USD 2.5 million in seed funding from Matrix Partners India and Ankur Capital.  The round also saw participation from Better Capital, Titan Capital, as well as angel investors.  
21/07/2020

Nexus leads Series A round for connected vehicle platform Sibros

Sibros Technologies Inc., a Silicon Valley- and Pune-based startup that is focussed on connected vehicle software, has raised USD 12 million in a Series A funding led by venture capital firm Nexus Venture Partners, Other participating investors include California-based Moneta Ventures and artificial intelligence-focussed Twin Ventures.  
21/07/2020

StyleDotMe raises pre-Series A funding from Hero Group’s Suman Kant Munjal, others

Styledotme Fashion and Lifestyle Pvt. Ltd, which operates fashion-technology company StyleDotMe, has raised INR 3.5 crore in a pre-Series A funding round led by Survam Partners, the family office of Hero MotoCorp’s Suman Kant Munjal. Other participants include Jewlex India director Bobby Kothari and existing investor Indian Angel Network (IAN). […]
21/07/2020

Unicorn India Ventures leads pre-Series A funding for neo-bank Finin

Dinero Innovations Pvt. Ltd, which operates neo-banking startup Finin, has raised an undisclosed amount as part of its pre-Series A round of funding led by early-stage investor Unicorn India Ventures. Other participants in the round include PointOne Capital and Astir Ventures.  
20/07/2020

MPowered raises USD 21 million from group of US-based HNIs

Gurgaon-based asset management firm, MPowered has raised USD 21 million in a pre-series A round, from a group of US-based HNIs investors. The round is led by serial entrepreneurs Ashok and Shelly Nichani.  
20/07/2020

Crio.do scores funds from 021 Capital

Bengaluru-headquartered skill development and learning platform for developers, Crio.do, raised INR 7 crore in a bridge funding round, dubbed pre-Series A, led by 021 Capital.  
20/07/2020

Health and wellness startup ThriveFNC raises seed round

ThriveFNC, a Pune-based startup focussed on reversing lifestyle disorders, has raised an undisclosed amount of funding from Rajesh Ranavat, Executive Director at Fung Strategic Investments.  
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