20/07/2020

Edtech startup Uable secures seed round led by 3one4 Capital

Online life-skills development platform for children, Uable has raised an undisclosed seed round from 3one4 Capital. Other angel investors who participated in the round include Amrish Rau of PineLabs; Jitendra Gupta of Jupiter; Global Founders Capital; Inflection Point Ventures; and AngelList.  
20/07/2020

Fashion commerce platform 6Degree raises funding from SucSEED Ventures

Protinus Fashion Networking Pvt. Ltd, which operates fashion commerce and retail management platform 6Degree, has raised funding from SucSEED Ventures as part of its pre-Series A round.  
17/07/2020

Magicpin raises USD 7 Million from Samsung Venture, existing investors

Hyperlocal discovery platform magicpin, has raised USD 7 million  from Samsung Venture Investment Corporation (SVIC), and saw participation from existing investors Lightspeed and WaterBridge.  
17/07/2020

The Chennai Angels backs edtech startup uFony

uFony Services Pvt Ltd, a Pune-based edtech startup, has raised an undisclosed amount of funding from The Chennai Angels and other independent investors for School Diary, a platform that brings education to smartphones.  
17/07/2020

Nutrition tech platform Ripsey raises INR1 Crore through ah! Ventures

Mumbai-based deep tech platform Ripsey has raised INR1 crore from a US based investor in its ongoing Pre-Series Round of INR 2 crore through ah! Ventures angel platform.  
17/07/2020

Ed-tech startup Vedantu scoops up USD 100 million in Series D funding

Vedantu Innovation Pvt. Ltd, which operates a live tutoring-focussed education-technology platform, has raised USD 100 million in a Series D funding led by the US-based investment firm Coatue Management. Existing investors also participated in the round.  
17/07/2020

Customer intelligence firm Zeotap raises Series C funding

Zeotap Gmbh, a customer intelligence platform focused on helping clients understand and predict consumer behaviour, has raised USD 42 million in a Series C funding round from Neue Capital, Coparion, a Berlin- and Cologne-based fund, Kathaka, the family office of Caroline Rupert and MathCapital.    
16/07/2020

PolicyBazaar gets INR 356.6 crore as SoftBank releases second tranche of growth round

ETechAces Marketing and Consulting, which owns online insurance aggregator PolicyBazaar, has raised INR 356.6 crore in the second tranche of a growth funding round from Japanese conglomerate SoftBank.  
16/07/2020

Better Capital leads pre-seed funding round in neo-bank Walrus

Walrus Labs Pvt. Ltd, which operates an eponymous neo-banking platform primarily aimed at teenagers, has raised a pre-seed funding in a round led by early-stage venture firm Better Capital.Other investors in the round include Myntra co-founder Raveen Sastry and Taxiforsure founder Raghunandan G.  
15/07/2020

Edtech platform Unacademy leads a strategic investment of USD 5 Million in Mastree

Bengaluru-based edtech platform, Unacademy, has led a strategic investment of USD 5 Million to acquire a majority stake in Mastree, a leading K12 learning platform. With this investment, Mastree will join the Unacademy Group.  
15/07/2020

Insurance-tech startup Plum Benefits raises funding from Incubate Fund, others

Plum Benefits Pvt. Ltd, which helps companies set up group health insurance programmes, has raised INR 7 crore in a seed funding led by seed-focused Incubate Fund, with participation from Gemba Capital and Tracxn Labs.  
15/07/2020

Matrix Partners leads seed funding in fintech startup goDutch

GoDutch Technologies Pvt. Ltd, which operates an eponymous financial technology startup focussed on group payments, has raised USD 1.7 million in a seed funding led by Matrix Partners India. Other investors in the round include Y Combinator, Global Founders Capital, Soma Capital and VentureSouq.  
15/07/2020

OTT content-focussed social platform Flyx snags pre-seed funding

Flyx, an over-the-top (OTT) content-focussed discovery and social interaction platform, has raised INR 1.5 crore a in pre-seed funding from Raj Mishra, the founder and chairman of software development and services provider AIT Global Inc.  
14/07/2020

Incnut Digital raises USD 4 million in series A funding led by RPSG Ventures

Media and e-commerce startup Incnut Digital has raised around USD 4 million in a Series A funding round led by RPSG Ventures, an early stage consumer-centric venture capital fund backed by RP-Sanjiv Goenka Group.  
14/07/2020

Incubate Fund India, Beyond Next Ventures back B2B jobs marketplace GigIndia

Pune-based B2B jobs marketplace GigIndia has raised INR 7.3 crore in a bridge funding round, dubbed pre Series A round, led by Japanese venture capital firm unit Incubate Fund India. The round also saw participation from Tokyo-based venture capital firm Beyond Next Ventures and others.  
14/07/2020

Parking spot reservation platform ParkSmart raises INR 1.5 Crore from ah! Ventures, Marwari Angels

Delhi-based parking spot reservation platform ParkSmart has raised INR 1.5 crore from ah! Ventures, with participation from Marwari Angels.  
14/07/2020

Yumlane gets fresh funding after pivoting from food startup to cloud kitchen

Mumbai-based QwikPik Technology Pvt. Ltd, which operates cloud kitchen platform Yumlane, has raised USD 1 million  funding round led by Singapore-based Jetty Ventures.  
13/07/2020

Jio Platform sells 0.15% stake to Qualcomm for USD 97 millioJio Platform sells 0.15% stake to Qualcomm for $97 mnn

Wireless technology major Qualcomm has announced an investment of USD 97 million in Jio Platforms, the technology subsidiary of Reliance Industries (RIL). The capital infusion, made at an enterprise value of USD 68 billion was carried out through investment unit Qualcomm Ventures.  
13/07/2020

Airfare marketplace Mystifly raises USD 3.3 Million in pre-Series B round led by Recruit

Singapore and Bengaluru-based air retailing and payments platform Mystifly, has raised USD 3.3 million in a pre-Series B round of funding from existing investor Recruit Co., Ltd.  
13/07/2020

IoT-based security solutions firm Openapp nabs fresh funding

Open Appliances Pvt. Ltd, which operates internet-of-things security solutions startup Openapp, has raised 3.76 crore funding from early-stage investment firm Unicorn India Ventures, an existing investor in the company.  
10/07/2020

Flipkart to invest INR 260 crore in Arvind Fashions’ arm

Walmart-owned Flipkart has picked up about 27% stake in Arvind Fashions Ltd’s subsidiary Arvind Youth Brands for INR 260 crore. As the homegrown ecommerce company looks to strengthen its mid-market fashion portfolio.  
10/07/2020

Mumbai-based SaaS startup BrowserStack acquires Bay Area company, Percy

BrowserStack, the Mumbai-based software-as-a-service (SaaS) company, has completed a cash and stock deal to acquire Percy, a San Francisco Bay Area-based company, for an undisclosed sum. Percy, the five-year-old company, specialised in automating visual testing for applications.  
10/07/2020

Edtech startup Cuemath raises USD 2.7 million from Trifecta Capital

Bengaluru headquartered CueLearn, which runs edtech platform Cuemath, has raised USD 2.7 million in a mix of equity and debt issue from Trifecta Capital’s venture debt fund.  
10/07/2020

CARS24’s Financial Services raises 10 Cr debt funding from Vivriti Capital

CARS24 Financial Services, the lending arm of auto-tech-startup CARS24, has secured its first debt funding of INR 10 crore from Vivriti Capital.  
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