03/06/2021

Browser Testing Startup LambdaTest Raises USD 16 Million In Series B Funding

Browser testing startup LambdaTest has raised USD 16 Million in a Series B funding round led by Sequoia Capital India and also saw participation from Wamda Capital and Telstra Ventures. The funding will be used to scale its testing ecosystem and to build next-generation cloud infrastructure for users.
03/06/2021

HR Tech Startup Dockabl acquired by Binny Bansal’s xto10x

Flipkart co-founder Binny Bansal owned xto10x acquired SaaS-based HR tech startup, Dockabl for an undisclosed amount to make scaling easier for organizations globally. The deal will strengthen its product suite to allow a comprehensive solution for organizations to align company objectives, link them to employees’ performance, and manage feedback reviews
03/06/2021

FinTech Startup Neokred Raises Undisclosed Seed Capital

Infrastructure neo bank Neokred Technologies Pvt Ltd said it completed its seed round of funding for an undisclosed amount. The investment was led by Virenxia Group and founder of B21 Ltd and PayGlobal Ltd, Nitin Agarwal.
03/06/2021

Holisol raises funding from Northern Arc Capital to scale up its fulfillment network

Supply chain logistics firm Holisol said it raised an undisclosed amount in debt capital from digital debt platform Northern Arc Capital. The company said it intends to use the funds to scale up its fulfillment network across India and support its customers across more than 80 cities in India.
03/06/2021

Fable Fintech raises Series A round to expand its product across Asia, North America, Middle East & African markets

Payment processing platform Fable Fintech raised an undisclosed amount in a Series-A funding round led by Pentathlon Ventures, stock market investors Ashish Kacholia and Lashit Sanghvi, and former Wall Street banker Sumeet Kanwar. Existing investors PayTM and Infibeam Avenues also pooled in money in this round.
03/06/2021

Egreens launches INR 15 Crores fund for agritech bets

Egreens, a Delhi-based investment firm, has launched INR 15 Crores fund to back early-stage agritech startups. The fund will target opportunities in innovative market linkages, artificial intelligence, and machine learning in farming practices and the implementation of IoT (Internet of Things) across the supply chain.
03/06/2021

Prosus, Dragoneer, Wellington lead USD 255 Million round in Urban Co at USD 2.1 Billion valuation

Home services company Urban Company has closed its ongoing growth round of funding of USD 255 Million led by Prosus Ventures, Dragoneer Investment and Wellington Management and also saw participation from Vy Capital, Steadview Capital, Tiger Global and DF International Partners
03/06/2021

WEH Ventures launches second fund with INR 100 crores target corpus

Early-stage venture capital fund WEH Ventures has launched its second fund with a target to raise INR 100 crores, more than double the corpus of its previous fund. The sector-agnostic vehicle will invest primarily in startups seeking to solve India-first problems at an early stage.
02/06/2021

Impact Investor Harsha Moily Launches USD 200 Million Fund To Boost India’s Cleantech Ecosystem

Impact investor and entrepreneur Harsha Moily is launching a USD 200 Million venture fund that will invest in India’s cleantech ecosystem and climate technology sector
02/06/2021

Jio Games Ties Up With Japanese Gaming Giant SEGA To Target Low-End Smartphone Users

Japanese multinational video game developer and publisher SEGA has partnered with Reliance Jio to provide SEGA video games on the Jio Games Store. To begin with, two games from SEGA’s cult classic franchises – Sonic the Hedgehog 2 and Streets of Rage 3- will be available on JioGames
02/06/2021

Confidence Petroleum’s subsidiary acquires over 75% stake in Sarju Impex

Confidence Futuristic Energetech Ltd, a subsidiary of Confidence Petroleum India Ltd has taken over 75% equity of Sarju Impex Ltd.Situated at Dahej SEZ in Gujarat, the unit makes high pressure oxygen and CNG cylinders.
02/06/2021

Diabetes startup Breathe Well-being raises USD 1 million from 3One4 and other angels

Health-tech startup Breathe Well-being has secured USD 1 Million in a pre-Series A funding round led by 3one4 Capital and also saw participation from Ashish Gupta, Anjali Bansal, Suhail Sameer and Stanford Angels & Entrepreneurs India
02/06/2021

EdTech Platform Avishkar raises pre Series A round to expand portfolio

Edtech startup Avishkaar has raised INR 5 crore in a pre-Series A funding round from Auxano, Mumbai Angels, Alok Mittal, head of Indifi Technologies, and Varun Aggarwal, co-founder of Aspiring Minds. Avishkaar plans to use the capital raised to increase hiring, develop its product and expand its portfolio.
01/06/2021

Convin raises funding to develop its products and build the core team to achieve product-market fit

Convin, a startup that specializes in conversation analysis for remote and inside sales teams, has raised INR 2.5 crore in a funding round, dubbed pre-seed, led by Titan capital and 9Unicorns. Cred founder Kunal Shah; Abhishek Goyal and Ramakant Sharma were among a clutch of angels who participated in the […]
01/06/2021

Ananth Narayanan’s Thrasio-Styled Startup Mensa Brands Raises USD 50 Million In Series A Funding

Direct to consumer (D2C) startup Mensa Brands has raised USD 50 Million in a mix of equity and debt in its Series A Funding round from Accel Partners, Falcon Edge Capital, Norwest Venture Partners as well as prominent angel investors such as Kunal Shah, Mukesh Bansal, Rahul Mehta of DST […]
01/06/2021

FundEnable raises seed round from BRTSIF

FundEnable, a platform that upskills and prepares entrepreneurs to raise capital, has raised an undisclosed amount from BSE’s BIL Ryerson Technology Startup Incubation Foundation. The funds were raised from the government’s NIDHI Seed Support System and other angels including Rachit Poddar
01/06/2021

Accio Robotics raises fresh round of funding by Uday Sodhi

Accio Robotics, a robotics automation company has raised a fresh round of funding led by Uday Sodhi, co-founder of Founder’s Room Capital and also saw participation from Jignesh Kenia, Utpal Doshi, Girish Jain, and Pankaj Bhargava and others from the CIO Angel Network.
01/06/2021

Jobsgaar raises funding to establish proof of concept and fund its product development and growth

Hyperlocal job search platform Jobsgaar Technologies secured an undisclosed amount in cash from Hyderabad-based SucSEED Indovation Fund and other angels include Rohit Chanana, Jasminder Singh Gulati, Poonam Kaul, Sunil Kamath, Mandeep Singh and Gunjan Paharia.
01/06/2021

Fidelity leads pre-IPO round in Delhivery

Ahead of its proposed public offering, logistics company Delhivery has raised nearly USD 277 Million from a group of investors led by US investment firm Fidelity. Singapore sovereign wealth fund GIC, Chimera Investment LLC, and UK’s Baillie Gifford participated in the round
01/06/2021

Tiger Global leads Series A funding in group health insurance startup Plum

Group health insurance startup Plum has raised INR 113 crores in Series A funding led by Tiger Global Management and angel investors including Kunal Shah, Gaurav Munjal etc and also saw participation from existing investors Sequoia Capital India’s Surge, Tanglin Venture Partners, Incubate Fund, and Gemba Capital
01/06/2021

Mirae Asset leads USD 30 Million Series A in Jai Kisan

Rural fintech startup Jai Kisan has raised USD 30 Million in a Series A round of funding led by Mirae Asset and also saw participation from Syngenta Ventures and existing investors Blume Ventures, Arkam Ventures, NABVENTURES, Prophetic Ventures, and Better. The round’s debt component was financed by Blacksoil, Stride Ventures, […]
31/05/2021

Dream11’s FanCode Gets USD 50 Million Infusion From Parent Firm

Mumbai-based sports tech startup Dream Sports, the parent company of fantasy gaming unicorn Dream11, has infused USD 50 Million funding in one of its subsidiaries FanCode, which is a multisport aggregator platform. The investment was carried through Dream Sports’ investment arm Dream Sports Investments (DSI).
31/05/2021

Tata Digital Acquires Majority Stake In BigBasket

Tata Digital Limited, a 100% subsidiary of Tata Sons has acquired a majority stake in Supermarket Grocery Supplies Bigbasket that is India’s largest e-commerce player in the food and grocery segment. The board of BigBasket has approved the sale of a majority stake to the Tata Group
31/05/2021

Electric tractor startup Cellestial raises USD 500K in pre-Series A round

Electric tractor startup Cellestial E-mobility said it has raised USD 500 K in a pre-Series A round, bringing its valuation to USD 35 Million from Electric Motor Company co-founder Ashik Karim, Gurj Aujla and other rich persons from Canada with links to agriculture, commercial banking and wealth management.
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