17/06/2020

Beenext raises USD 110 million fund to invest in India, Southeast Asia

Singapore-based venture capital firm Beenext, has raised USD 110 million  for a fund aimed at startups in India and Southeast Asia. The India and Southeast Asia-focused fund aims to invest about 50% of the raised amount in Indian startups. The fund will seek to invest in early-stage startups in the […]
16/06/2020

Logistics startup LetsTransport raises INR 10 Crore from Stride Ventures

Venture debt fund Stride Ventures, has invested INR 10 crore in Bengaluru-based LetsTransport, an aggregator for fulfilling intra-city last-mile deliveries for enterprise customers.  
16/06/2020

Nexus leads USD 18-m round at Jiffy.ai

Palo Alto-based enterprise automation platform Jiffy.ai has raised USD 18 million in Series-A funding led by Nexus Venture Partners along with participation from Rebright Partners, W250 Venture Fund and a group of C-level executives from Atlassian, Costco, among others.  
16/06/2020

Artha India Ventures bets on Israeli startup offering Covid-19 diagnosis solutions

Israel-based Binah.ai Ltd, a startup that provides contactless healthcare applications, has raised funding from Artha India Ventures.  
16/06/2020

Actor Suniel Shetty invests in edtech arm of Sai Estate Consultants

The edtech arm of Sai Estate Consultants Chembur Pvt. Ltd has raised an undisclosed funding from actor-producer and entrepreneur Suniel Shetty.  
16/06/2020

Ed-tech startup Edvizo gets seed funding from Inflection Point Ventures

Edvizo Media Pvt. Ltd, an education-technology startup that acts as a marketplace for competitive exam institutes, has raised INR 1.14 crore in seed funding from Inflection Point (IP) Ventures.  
15/06/2020

Ekcle Ventures, others pour out seed funding for cocktail brand Jimmy’s

Indian cocktail brand Jimmy’s Cocktails, has raised INR 2.64 crore in seed funding led by Ekcle Ventures. Vidur Talwar, managing director at Mercedes-Benz T&T Motors, and Angad Bhatia, operations chief of Indiatimes Lifestyle Network, also participated in this funding round.  
15/06/2020

Sequoia’s Surge, Nexus lead seed funding in expense management startup Quolum

Quolum Inc., a startup focussed on expense management tools for software-as-a-service subscriptions, has raised USD 2.75 million in a seed funding round. The round has been led by Sequoia Capital accelerator Surge and Nexus Venture Partners.  
12/06/2020

Wipro ventures invests in Yugabyte, plans to take its open source SQL database to its clients

Wipro Ventures, the venture arm of Wipro has participated in USD 30 million investment in Yugabyte, a open source database company and plans to take the product to its over 1000 clients globally. The funding was led by 8VC with existing investors Lightspeed Venture Partners and Dell Technologies Capital participating […]
12/06/2020

Nexus leads Series A funding in enterprise automation startup JIFFY.ai

JIFFY.ai, the US and -India based enterprise automation startup, has raised USD 18 million  in its Series A funding round led by Nexus Venture Partners. Rebright Partners and W250 Venture Fund also participated in this funding round.  
12/06/2020

Wipro Ventures bets on cloud-focussed security platform CloudKnox

Wipro Ventures, the corporate investment arm of multinational information technology services firm Wipro Ltd, has invested an undisclosed amount in CloudKnox Security Inc, a US-based cloud security-focused company.    
12/06/2020

Nexus-backed Postman snags Series C funding at USD 2 billion valuation

Postman Inc., which operates an eponymous application programming interface (API) testing platform, has raised USD 150 million in a Series C round of funding led by Insight Partners. Existing investors CRV and Nexus Venture Partners also put in fresh money.  
12/06/2020

Myelin Foundry raises funding from Infosys co-founder’s family office

Myelin Foundry Pvt. Ltd, which operates an eponymous deep technology startup focussed on streamlining content creation, has raised funding from Pratithi, the family office of Infosys co-founder Kris Gopalakrishnan.  
11/06/2020

Microsoft’s M12 Fund Sets Up India Office For Growth-Stage Investments

Microsoft venture fund, M12, has set up an office in Bengaluru to bolster fundraising and partnership opportunities for Indian growth stage startups Series A to Series C.  
11/06/2020

WayCool Foods receive USD 5.5 million debt financing from IndusInd Bank

WayCool Foods, an agriculture and technology firm engaged in food development and distribution, has received USD 5.5 million debt financing from IndusInd Bank. US International Development Finance Corporation has extended a one hundred percent guarantee to the company’s latest round of fundraising.  
11/06/2020

Anand Mahindra bets on Gurugram-based startup Hapramp Studio

Mahindra Group chairperson Anand Mahindra has invested USD 1 million in a seed funding round in Hapramp Studio, which is seeking to build out an Indian-owned and regulated social media creative platforms.  
11/06/2020

Sequoia, Lightspeed’s Indian arms lead seed funding in Indonesian startup Ula

Ula, a marketplace platform that focusses on modernizing distribution and credit processes in the traditional retail sector, has raised USD 10.5 million in a seed funding led by the Indian arms of venture capital Sequoia and Lightspeed. Other investors that contributed to the round include SMDV, Quona Capital, Saison Capital […]
11/06/2020

VC-backed fintech firm Innoviti raises Series C funding from FMO, others

Innoviti Payment Solutions, which operates an eponymous payments-focussed financial technology firm, has raised an undisclosed funding as part of its Series C round. The round has been led by Dutch development bank FMO and the US-based Bessemer Venture Partners.  
11/06/2020

Device management platform Servify raises Series C funding

Service Lee Technologies, which operates device management and support platform Servify, is raising INR 85.87 crore Series C funding from Iron Pillar, the Luxembourg-based Tetrao SPF, and Blume Ventures via Milestone Trusteeship Services Pvt. Ltd.  
11/06/2020

Retail aggregator F5 raises seed funding from Venture Catalysts

Kaivalya Foods and Beverages India , which operates retail aggregator F5, has raised an undisclosed seed funding from startup incubator and accelerator Venture Catalysts.  
10/06/2020

PoS Startup Innoviti Chases Profitability After Raising Series C

Bengaluru-based digital payments solutions startup Innoviti has raised an undisclosed amount in Series C funding from Netherlands-based FMO-Entrepreneurial Development Bank, along with existing investor US-based Bessemer Venture Partners.  
10/06/2020

Ameliorate Biotech raises INR 2 crore as angel investment from PadUP, Vinners, others

PadUp montored company Ameliorate biotech recently raised INR 2 crore as angel investment for their product ASSURED, a device used for detection of malaria, chikungunya and dengue.  
10/06/2020

AI-based vision inspection startup Lincode raises seed funding

US- and India-based Lincode Labs Inc, an artificial intelligence (AI) vision inspection startup focused on the manufacturing industry, has raised an undisclosed capital in its seed round of funding from US-based early-stage investment firms Come Back Capital.  
09/06/2020

HealthPlix Technologies raises USD 6 million in Series-B funding

Healthcare venture HealthPlix Technologies has raised USD 6 million in Series B round led by JSW Ventures and participated in by existing investors Chiratae Ventures, and Kalaari Capital.  
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