10/07/2020

Poonawalla, Infy co-founder pile into digital content startup JetSynthesys

JetSynthesys Pvt. Ltd, a digital content and technology platform that is part of the diversified JetLine Group of Companies, has raised INR 300 crore funding led by the family offices of Serum Institute of India chief executive officer Adar Poonawalla and Infosys co-founder Kris Gopalakrishnan.  
09/07/2020

SaaS startup Zomentum raises USD 4.1 Million from Accel and SAIF Partners in seed round

SaaS-based startup Zomentum, has raised USD 4.1 million in a seed round of funding from Accel and SAIF Partners.  
09/07/2020

JetSynthesys raises INR 300 crore from existing shareholders

Digital entertainment and technology company JetSynthesys has raised INR 300 crore from Kris Gopalakrishnan, the family office of Adar Poonawalla, and the Navani family-owned Jetline Group. Other shareholders of JetSynthesys include the family offices of Thermax, Triveni Group and DSP Group.  
09/07/2020

WEH Ventures leads pre-seed funding for ice cream brand NOTO

NOTO, a healthy ice cream brand, has raised an undisclosed amount in a pre-seed funding round led by WEH Ventures. The company’s existing investor Lead Angels also participated in this round.  
09/07/2020

Venture Catalysts invests in herbal products brand Green Cure

SPV Laboratories Pvt. Ltd, which operates herbal products brand Green Cure, has raised an undisclosed funding from startup incubator and accelerator Venture Catalysts.  
09/07/2020

Beenext leads seed funding for climate-tech startup Blue Sky Analytics

Xacmaz Technology Pvt. Ltd, which operates climate-tech startup Blue Sky Analytics, has raised USD 1.2 million in a seed funding round led by venture capital firm Beenext. Rainmatter Capital and Stanford Angels & Entrepreneurs also participated in the funding round.  
08/07/2020

Unacademy acquires medical entrance preparation platform PrepLadder for USD 50 million

Sequoia and Facebook-backed education technology startup Unacademy has acquired PrepLadder, a platform for postgraduate medical entrance exam preparation, for USD 50 million in a cash-and-stock deal.  
08/07/2020

Cybersecurity startup Securden raises USD 1.2 Million from Accel, Freshworks founder, others

Chennai and US-based cybersecurity startup Securden Inc, has raised USD 1.2 million in a seed investment round led by Accel with participation from Girish Mathrubootham, founder and CEO of Freshworks and others.  
08/07/2020

Co-living startup Zolostays collects Series C cheques from Investcorp, others

Co-living startup ZoloStays Property Solutions Pvt. Ltd has raised USD 56 million  in a Series C round of funding led by Global alternative asset manager Investcorp. Other participating investors in this round include venture capital firm Nexus Venture Partners, South Korea’s Mirae Asset and venture debt firm Trifecta Capital.  
08/07/2020

Kid services platform PiggyRide raises pre-Series A funding

Kidext Technologies Pvt. Ltd, which operates parent-focused child services platform PiggyRide, has raised INR14 crore  in a pre-Series A funding from Singapore-based venture capital firm JAFCO Investment Asia Pacific, and Artha Venture Fund.  
08/07/2020

Mumbai Angels commits funding to ed-tech startup Edhusk

Edhusk Pvt. Ltd, an education-technology startup that focuses on a hybrid approach for students looking for tutors, has raised an undisclosed amount from investment platform Mumbai Angels Network.  
08/07/2020

Specsmakers gets more capital from Eight Roads

Eye-care products retail chain Specsmakers Opticians Pvt. Ltd, has raised additional INR 23 crore from existing investor Eight Roads Ventures primarily to ramp up its online presence.  
07/07/2020

Four proptech startups from Brigade REAP’s portfolio raise undisclosed amount

Brigade REAP, Asia’s first proptech accelerator, has announced that four startups from its portfolio, including LiveSafe1, Aapka Painter, Renewate, and PropVR have raised an undisclosed amount of funding during the ongoing Coronavirus crisis. These companies impact diverse areas such as sustainability, home improvement, and last yard delivery.  
07/07/2020

Chai Waale secures INR 1.75 crore as funding

Beverage brand Chai Waale has raised INR 1.75 crore from angle investors. Chai Waale is aiming to have 40-45 fully operational outlets by March 2022.  
07/07/2020

Sequoia closes USD 1.35-billion India venture & growth fund

Sequoia Capital has closed a USD 1.35 billion India venture and growth fund, the largest corpus by the blue-chip Silicon Valley fund for the region. The fund has received commitments for two India and Southeast Asia-focused funds a USD 525 million venture fund and a USD 825 million growth fund  […]
07/07/2020

Blue Ashva Capital hits initial close of SME-focussed fund

Blue Ashva Capital, an India- and Singapore-based investment firm that concentrates on sustainable businesses in core sectors, has hit the initial close of a new fund that aims to invest in small and medium-sized enterprises. Blue Ashva Sampada Fund – has received commitments of INR 454 crore.  
07/07/2020

Livestock-focused Brainwired raises funding from Mumbai Angels

Drakon Innovations Pvt. Ltd, which operates livestock-focused agri-tech startup Brainwired, has raised an undisclosed amount from Mumbai Angels Network.  
07/07/2020

Aye Finance raises debt funding from Germany’s Invest in Vision

Non-banking lender and financial technology firm Aye Finance Pvt. Ltd has raised INR 125 crore in debt funding from Invest in Visions, a Germany-based social impact investor that focuses on segments including sustainable agriculture, social enterprises, and social impact lending.  
07/07/2020

TPG’s Rise Fund joins Engie’s impact arm as investor in Frontier Markets

Frontier Markets Consulting Pvt. Ltd, a startup that focuses on last-mile distribution in rural areas, has raised USD 2.25 million in pre-Series A funding led by Engie Rassembleurs d’Energies, The Rise Fund and The Singh Family Trusts. Other participants in the round include China- and Indonesia-based Teja Ventures and affiliates […]
06/07/2020

Online pharmacy 1mg to raise USD 17.8 mn debt from investor consortium

Gurugram-based 1mg Technologies, which operates an eponymous online pharmacy, is raising USD 17.8 million debt from MPOF Mauritius, MAF Mauritius and Swiss healthcare-focused firm HBM Healthcare Investment. Other investors in the round include the family office KWE Beteiligungen and World Bank’s investment arm International Finance Corporation (IFC).  
06/07/2020

Retail-tech startup Gobbly raises seed funding from Sauce.vc

Rudraksha Tech Labs Pvt. Ltd, which operates contactless retail-tech startup Gobbly, has raised INR 3.7 crore  in seed funding from early-stage consumer-focused venture firm Sauce.vc.  
06/07/2020

Deepika Padukone-backed Blu Smart raises funding from Mumbai Angels, others

Blu Smart Mobility Pvt. Ltd, an electric taxi-hailing and riding platform, has raised INR 37 crore in a pre-Series A funding round, from Mumbai Angels Network, Inflection Point Ventures and others.  
06/07/2020

Mumbai Angels Network invests in defence-tech startup Big Bang Boom

Big Bang Boom Solutions (BBBS) Pvt. Ltd, which operates a defence-technology company focused on developing indigenous intellectual property, has raised USD 1 million from Mumbai Angels Network.  
06/07/2020

Better Capital, Snapdeal founders invest in AI startup Inspektlabs

Inspektlabs Inc., an inspection-focused startup based on artificial intelligence , has raised INR 4.5 crore in a pre-Series A funding round led by venture firm Better Capital and Titan Capital. A clutch of angel investors also participated in the funding round.  
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