25/05/2020

IFC to come in as limited partner in Endiya Partners’ new fund

International Finance Corporation (IFC) plans to invest in venture capital firm Endiya Partners’ new fund. IFC will invest USD 10 million  in the venture capital firm’s second fund — Endiya Partners Fund II.  
22/05/2020

Professional women network leap.club raises USD 340K in a Pre-Seed round

Leap.club, a Gurugram-based community-led professional network for women, has raised USD 340K in its Pre-Seed round. The round saw participation from some of angels and funds including Whiteboard Capital , FirstCheque, Artha India Ventures, Sweta Rau Founder, of White Ventures, Amrish Rau CEO of Pinelabs and others.    
22/05/2020

SaaS Startup Mobisy Raising INR 11.4 Crore From IndiaMART, Triton

Bengaluru-based Mobisy, a SaaS-based distribution technology solutions provider is raising INR 11.4 Crore from B2B ecommerce platform IndiaMART and Triton Alternative Investment Trust.  
22/05/2020

Reliance Jio To Raise INR 11,367 K Crore From KKR

Reliance Jio Platforms, has raised INR 11,367 Crore funding from American global investment firm KKR, in exchange for 2.32% equity stake on a fully diluted basis. This transaction values Jio Platforms at an equity value of INR 4.91 Lakh Crore and an enterprise value of INR 5.16 Lakh Crore.  
22/05/2020

Persistent Systems founder backs medical device startup Sushrut

Medical devices startup Sushrut Designs has raised capital in its first external funding round from a clutch of angel investors.  
22/05/2020

Bharti Airtel picks up stake in conversational AI tech startup Voicezen

Bharti Airtel Ltd has acquired a 10% stake in Voicezen India , an early-stage startup focused on conversational artificial intelligence technologies, as part of its strategy to offer differentiated offerings to its customers.  
22/05/2020

Bharat Inclusion Seed Fund bets on insure-tech startup Riskcovry

UMBO InsurDataTech Systems, which operates insurance-technology startup Riskcovry, has raised undisclosed  funding in its pre-Series A round led by Bharat Inclusion Seed Fund. Other investors who participated in the round include Varanium Capital and Better Capital.  
21/05/2020

Tring raises funds from Flipkart’s Kalyan Krishnamurthy, Udaan’s Sujeet Kumar, others

Mumbai-based celebrity engagement platform Tring has raised funds from top entrepreneurs and startup investors including Kalyan Krishnamurthy of Flipkart, Sujeet Kumar of Udaan, Gaurav Munjal of Unacademy, Keshav Sanghi of VentureWorks India, Roman Saini of Unacademy and others.  
21/05/2020

Dabur chairman, Amit Burman, buys wellness startup stake

Packaged consumer goods maker Dabur India chairman Amit Burman has picked up stake in emotional and mental wellness platform No Worry No Tension Healthcare (NWNT) in his personal capacity in a deal that is part of pre-series A funding.  
21/05/2020

Abu Dhabi’s ADQ floats fund for early-stage businesses in India, Southeast Asia

State entity ADQ, formerly known as Abu Dhabi Developmental Holding Company, one of the region’s largest holding companies,  has launched a INR 2,247 crore  fund to invest in early-stage businesses in India and Southeast Asia.  
20/05/2020

Digital credit ledger, Khatabook, raises INR 454 crore

Digital credit ledger Khatabook has raised INR 454 crore in a fresh equity financing round led by B Capital Group, the investment firm founded by Facebook cofounder Eduardo Saverin. A range of other new and existing investors, including Sequoia India, Partners of DST Global, Tencent, GGV Capital, RTP Global, Hummingbird […]
20/05/2020

AI-based climate-focused startup Blue Sky pockets a cheque

Xacmaz Technology , which operates climate action-focused data startup Blue Sky Analytics, has received INR 2.72 crore from the Patrick McGovern Foundation and Schmidt Futures.  
20/05/2020

Ed-tech startup Illumnus Education raises seed funding

Illumnus Education Technologies, which operates an eponymous education technology startup focussed on developing collaborative learning management systems, has raised USD 100,000 in seed funding from from a clutch of HNIs and angel investors from Dubai.  
20/05/2020

Health and wellness platform Stepathlon raises funding from angel investors

Health and wellness platform Stepathlon Lifestyle  has raised undisclosed funding from nine investors across several countries including Josh Liberman, a high net-worth individual from Australia, and Mark Adams, former managing director of IMG Singapore and ex-senior vice-president of IMG Golf Asia.  
19/05/2020

Ola co-founder, other angel investors invest in AI-based edtech startup Winuall

Bengaluru-based Winuall, an edtech startup helping coaching institutes go digital, has raised an undisclosed amount from Ankit Bhati, Co-founder of Ola, and Nitin Gupta, Head of Engineering, Milkbasket, along with other angel investors.  
19/05/2020

Fintech Startup CreditMantri Raising INR 6 Crore From IDG Capital, Others

Chennai-based fintech startup CreditMantri is raising INR 6 Crore fresh funds from its existing investors IDG Ventures, Elevar Equity and impact investor Accion.  
19/05/2020

Lendingkart Raising INR 86 Crore From Fullerton, Bertelsmann & Others

Ahmedabad-based fintech startup Lendingkart is continuing its Series D funding round with a new investment from its existing investors Fullerton India Credit Company , Bertelsmann, Sistema Asia Fund and India Quotient.  
19/05/2020

Lead Angels Network invests in specialty tea brand Teamonk

Specialty tea brand Teamonk Global has raised funding from Mumbai-based Lead Angels Network, an angel investment platform.  
19/05/2020

Poultry-focussed startup Eggoz raises second round of seed funding

Nupa Technologies , which operates agricultural-technology and poultry farming startup Eggoz, has raised INR 2.5 crore in a seed funding round from Tracxn Labs, Angellist, Tri-Deep Capital and the founders of LetsTransport.  
19/05/2020

Iron Pillar tops up debut fund to help portfolio firms tide over virus crisis

Venture capital firm Iron Pillar, which provides growth capital to mid-stage technology companies in India, has topped up its first fund with USD 45 million.    
19/05/2020

Logistics startup LetsTransport raises venture debt from InnoVen

Diptab Ventures , which operates last-mile-based intra-city logistics marketplace LetsTransport, has raised INR 13 crore  in funding from venture debt firm InnoVen Capital.  
19/05/2020

Mumbai Angels Network bets on ed-tech startup Any Time Classes

Any Time Classes Educational Services , which operates an eponymous education startup focussed on app-based visual content, has raised undisclosed funding from the Mumbai Angels Network.  
18/05/2020

Indian School Finance Company Raising INR 40 Crore From Gray Matters

Hyderabad-based fintech startup Indian School Finance Company is raising INR 40 Crore fresh funding from US-based impact investor Gray Matters Capital Inc.  
18/05/2020

Health-tech startup DeepTek bags funding from GHV Accelerator, others

DeepTek Medical Imaging, which operates an artificial intelligence-enabled radiology platform, has raised funding from a clutch of investors, including Green House Ventures, Japanese medical imaging solution provider Nobori Ltd and NTT Data.  
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