29/09/2021

Agritech startup SuperZop gets USD 4 million from Belgium-based Incofin’s India Progress Fund

Business-to-business agricultural-commerce platform SuperZop, has raised USD 4 million in Series A funding from Belgium-based Incofin Investment Management’s India Progress Fund. SuperZop uses its platform to help small kirana stores acquire staples such as rice, wheat, and pulses directly from farmers, farmer producer organisations, and mills.
28/09/2021

Ummeed Housing Finance raises INR 270 crore led by Norwest Venture Partners

Ummeed Housing Finance, an affordable housing finance company, has raised INR 270 crore in a Series E funding round led by Norwest Venture Partners. Existing investor Morgan Stanley Private Equity Asia participated in the latest round. The company caters to the informal and the low-income households predominately in Tier II […]
28/09/2021

Manch Technologies secures USD 1.1 Million pre-Series A round led by Bharat Inclusion Seed Fund

Bengaluru-based Manch Technologies, a SaaS-based zero-coding digital transformation platform, has raised USD 1.1 million pre-Series A round led by Bharat Inclusion Seed Fund with participation from Pentathlon Ventures.
28/09/2021

Fintech startup Capital Float raises USD 50 Million from Lightrock India

Buy Now Pay Later and credit platform serving the financial needs of salaried & self-employed individuals Capital Float, has raised USD 50 million in a round led by private equity firm Lightrock India. The equity round also saw participation from existing investors Sequoia Capital India, Ribbit Capital, and Creation Investments.
28/09/2021

PredictiVu raises USD 1.5 Million from Market Xcel, Nomura, Infobridge Asia

AI power analytics startup PredictiVu has announced it is raising USD 1.5 million in a Pre-Seed funding round led by Market Xcel Data Matrix, backed by Nomura Research Institute and Infobridge Asia (Japan). PredictiVu’s AI-enabled dashboard integrated with India’s largest, proprietary, weekly consumer purchase data, market intelligence and web insights, […]
28/09/2021

WinZO announces third Game Developer Fund of USD 20 Million

WinZO, a vernacular social interactive gaming platform, announced the third edition of its Game Developer Fund (GDF) with the largest ever corpus of USD 20 million. WinZO made investments in the range of USD 100,000-USD 500,000 in each of the partnership varying from concept stage to near completion stage in […]
28/09/2021

Bijnis raises USD 30 million Series B funding from WestBridge Capital, Info Edge, others

Bijnis, a platform that puts factories and direct manufacturers directly in touch with retailers, has raised USD 30 million as a part of its Series B round led by WestBridge Capital. The round also saw existing investors Info Edge, Matrix Partners India, and Sequoia Capital India, among others.
28/09/2021

Fin-edtech startup Akudo raises USD 4.2 million seed round from Y Combinator, others

Akudo, a learning-focused neobank for teenagers, has raised USD 4.2 million in funding led by Y Combinator, JAFCO Asia, Incubate Fund India, and AET Fund. The round also saw participation from Tribe Capital, Cabra Capital and few angels. Akudo provides personalised prepaid Visa cards to teens and promotes a financial […]
28/09/2021

Feminine hygiene brand Sanfe raises USD 1 million in Series A funding

Sanfe, a women hygiene and intimate skincare brand, has raised a fresh Series A round of USD 1 million. The participants in the investment round include, Ajay Garg, mCaffeine CEO Tarun Sharma, Arjun Vaidya, Dhimant Parekh, and others.
28/09/2021

Premier League players invest in golf performance app Upgame

Upgame, a data intelligence, practice tracking and coaching platform for golfers, has raised an undisclosed amount from Premier League players James Milner and Adam Lallana through their firm White Rose Sports Management. The round also saw Danny Conway, Andreesen Horowitz, Pawan Munjal of Hero MotoCorp, and RN Sports Management.
27/09/2021

Nodwin Gaming buys NH7 Weekender, other IPs from OML Entertainment

Home-grown electronic sports firm Nodwin Gaming has acquired the Gaming and adjacent IP (Intellectual Property) business from media and entertainment firm OML Entertainment for Rs 73 Cr.As part of the deal, Ajay Nair, Managing Director of OML Entertainment will join the gaming company’s board.
27/09/2021

Myntra Gets Fresh Infusion Of INR 492 Cr Ahead Of Festive Season

Flipkart-owned fashion ecommerce platform Myntra has received fresh capital infusion of INR 492 Cr from its parent ahead of the festive season sales.
27/09/2021

Logistics Unicorn Delhivery Raises USD 125 Million From Lee Fixel’s Addition

Logistics unicorn Delhivery has raised INR 558 Cr from Lee Fixel’s Addition LLC as part of its Series I round. This is the second investment in an Indian startup by Lee Fixel-led Addition, a USD 1.3 Billion venture capital fund launched last year
27/09/2021

Udaan Bags INR 50 Cr In Debt Round From Blacksoil

B2B ecommerce marketplace Udaan is raising INR 50 Cr in debt through multiple tranches from venture debt firm Blacksoil
27/09/2021

Mohandas Pai, Aarin Capital Partners lead pre-Series A round in 88academics India

New Delhi based 88academics, an online education provider, has secured equity financing of about USD 3 Million in a pre-Series A round led by Aarin Capital Partners and also saw participation from Piyush Gupta, Vinod Gupta, P S Jayakumar, Ramesh Swaminathan, Ajay Abrol, Prem Rajani, Akshay Gupta and N Jayakumar
24/09/2021

Agritech Startup Aqgromalin To Raise INR 38.43 Cr From Sequoia, Omnivore

Chennai-based agritech startup Aqgromalin is raising INR 38.43 Cr in a fresh round of funding from Sequoia Capital India, Omnivore and Zephyr Peacock India.
24/09/2021

Fitness Startup Fittr Raises USD 11.5 Million In Series A To Fuel International Expansion

Pune-based fitness startup Fittr (previously known as SQUATS) has raised USD 11.5 Million in a Series A round led by Dream Capital and Elysian Park Ventures. The round also saw the participation of existing investor Sequoia Capital India’s Surge whereas Ambit acted as the exclusive financial advisor to Fittr.
24/09/2021

Y Combinator Backed Corporate Card Startup Karbon Bags USD 12 Million In Pre-Series A

Bengaluru-based fintech startup Karbon Card has raised USD 12 Million in Pre-Series A round from US-based fintech unicorn Ramp. The investment round also saw participation from Rainfall Ventures, Roka Works and Y Combinator among others
24/09/2021

Veranda Acquires Edureka For INR 245 Cr To Strengthen Edtech Play

The Kalpathi AGS Group-owned Veranda Learning Solutions has acquired Edureka, a live-instructor-led online solutions provider for the IT industry. The 100% acquisition marks Chennai-based Veranda Learning Solutions’ second buyout since December 2020.
24/09/2021

Counselling platform Leverage Edu raises funds from Paytm founder, Oyo exec, others

Leverage Edu, an overseas-focused higher education counseling platform has raised an undisclosed amount of growth capital from Vijay Shekhar Sharma, Rohit Kapoor, Amanpreet Bajaj,Lalit Singh, and Mohit Garg
24/09/2021

Auntie Fung’s raises INR 3.35 Cr in angel funding and plans to open cloud kitchens

Bengaluru-based QSR startup Auntie Fung has raised USD 454,000 in an angel round led by India Angel Network. The round saw participation from Anjali Malhotra, Ajay Rajgarhia, Nitin Jain from Lead Angels, LetsVenture, and Chandigarh Angels, respectively
24/09/2021

Streaming social app Frenzi raises seed round from SucSEED Indovation Fund

Frenzi, a streaming social app has secured an early-stage investment from SucSEED Indovation Fund as part of its seed round
24/09/2021

EV Plugs raises funds to expand EV charging network coverage in 150 plus cities

EV Plugs, a charging station aggregator has raised USD 150,000 in a round led by family and friends. The company will use the funds to expand EV charging network coverage in 150 plus cities
24/09/2021

Equity management platform Rulezero closes seed round at USD 2.5 Million

RuleZero, an equity management platform has raised USD 2.5 million in a seed round from US-based fintech fund The Treasury, employees of Valiant Capital, YourNest Venture Capital, Blume Founders Fund, and a few angel investors
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