30/04/2020

SARVA raises funds from Mantra Capital

SARVA, a yoga and wellness company, is all set to accelerate its digital footprint with undisclosed funding received from US-based VC Fund Mantra Capital, along with a financial contribution from the Patni Family.
29/04/2020

Digital media startup NewsBytes raises USD 1.5 Million led by North Base Media

Gurugram-based NewsBytes, owned by Elysium Labs, has closed a Series A round of almost USD 1.5 million, led by North Base Media, a global venture capital firm specialising in media.
29/04/2020

Consure Medical has raised INR 3.6 Crore from Accel Partners

New Delhi-based, healthtech startup Consure Medical has raised INR 3.6 Crore from Accel Partners and Jungle Ventures’ Jayesh Arvind Parekh.
29/04/2020

Tessol Raises INR 1.2 Crore Series A Funding

Mumbai-based cold chain logistics startup Tessol has raised INR 1.2 Crore in Series A round led by 1Funds Domestic Scheme 1 with the participation of angel investors.
29/04/2020

Contactless shopping startup Wagonfly raises funding

Wagonfly Smart Shopping Solutions, which provides contactless shopping and delivery experience, has raised approximately INR 3.81 crore in funding from ITI Growth Opportunities Venture Fund.
29/04/2020

Circulate Capital fund invests in plastic recycling firm Lucro

Circulate Capital, the Singapore-based investment management company, has invested an undisclosed amount in Mumbai-based plastic recycling firm, Lucro Plastecycle Pvt Ltd.
29/04/2020

Better Capital-backed fitness platform Fittr raises pre-Series A funding

Squats Fitness, which operates online fitness portal Fittr, has raised USD 2 million in its pre-Series A funding round from Surge the accelerator program operated by Sequoia Capital India.
28/04/2020

Mumbai Angels Network backs investment tech startup AsknBid

Bengaluru-based investment tech startup AsknBid has raised an undisclosed amount of funding from Mumbai Angels Network and other angel investors. The investment was led by Ravikanth Reddy, Partner, Regentway Ventures.
28/04/2020

PhonePe Gets USD 28 Million Top-Up From Flipkart As Digital Payments Take A Hit In Pandemic

In a fresh round of capital infusion, Walmart-owned ecommerce major Flipkart has pumped in USD 28 Million to PhonePe’s Singapore-based parent entity.
28/04/2020

SaaS-based community management platform Convosight raises pre-Series A funding

Convosight, a software-as-a-service (SaaS) platform which allows Facebook community admins to manage their groups, has raised USD 4 million in its pre-Series A round of funding from IvyCap Ventures and Sequoia Capital’s accelerator program called Surge.
27/04/2020

Bira 91 Parent Bags USD 20 Million Amid Dry Spell

Delhi-based craft beer maker B9 Beverages, the parent company of Bira 91, has raised USD 20 Million bridge funding in Pre-Series C round led by existing investors Sequoia Capital India and Belgium’s Sofina Capital.
27/04/2020

SaaSBOOMi Sets Up Debt Fund To Support SaaS Startups Through Crisis

The SaaSBOOMi community has announced a debt fund for SaaS startups affected by the coronavirus pandemic. This debt fund will be structured as revenue financing, where startups will repay the borrowed funds out of their revenue, on a monthly basis.
27/04/2020

SoftBank Will Deploy Unspent Vision Fund Corpus In Indian Startups

Japanese multinational conglomerate SoftBank, with USD 13 Billion left in its corpus for the SoftBank Vision Fund, has been in talks with 15-20 companies to strike new deals in India. SoftBank Vision Fund I and II are both interested in buying secondary positions from early-stage investors who are wanting to […]
27/04/2020

Snapdeal founders back water purifier startup Drink Prime

Water purifier startup Drink Prime has raised over INR 3.6 crore as part of its seed round of funding from a clutch of investors including Snapdeal founders Kunal Bahl and Rohit Bansal.
27/04/2020

IoT-based wireless access control startup Spintly raises pre-Series A funding

Internet of Things (IoT) startup Spintly has raised INR 1.9 crore in its pre-Series A round of funding led by US-based angel investors and Goa-based venture accelerator Saltwater Venture Sparks.
27/04/2020

Fintech startup Finaureus Technologies bags pre-Series A funding

Fintech startup Finaureus Technologies has raised undisclosed funding from proprietary investment firm Pinetree Capital.
27/04/2020

Korean gaming company presses funding button for Delhi lender DMI

Delhi-based DMI Group, which operates in consumer lending and affordable housing segments, has raised USD 123 million of equity capital from South Korean gaming company Nexon, which is listed on the Tokyo Stock Exchange.
24/04/2020

Investors Clinic, Kocreate to invest INR 10 crore in a coworking joint venture

Real estate consultant Investors Clinic and coworking space provider Kocreate have agreed to invest INR 10 crore in an equal joint venture for creating new shared workplaces, hoping to benefit from an expected rise in demand for co-working spaces after the Covid-19 crisis ends.
24/04/2020

IT solutions startup Indusface gets USD 5 million in funding

Indusface, a start-up providing IT security solutions, has received USD 5 million funding from Tata Capital Growth Fund II.
24/04/2020

Gray Matters-backed ed-tech firm Guvi raises pre-Series A funding

Guvi Geek Network, which operates vernacular language-based education technology company Guvi, has raised INR 6 crore in its pre-Series A funding round from Education Catalyst Fund, a sector-focused venture capital fund managed by CBA Capital.
24/04/2020

Another Asian investor piles into edtech firm Vedantu with Series C money

Online tutoring platform Vedantu Innovations has secured USD 7 million capital from South Korea’s KB Global as part of its extended Series C round of fundraising.
23/04/2020

Bugworks Raises USD 7.5 Million Series B To Kill Multiple Drug-Resistant Bacteria

Bengaluru-based biotech startup Bugworks Research has raised USD 7.5 Million in Series B funding round led by Japan-based University of Tokyo Edge Capital (UTEC) and Global Brain Corporation along with the participation of existing investor South Africa-based Acquipharma Holdings.
23/04/2020

Binny Bansal’s BTB Ventures backs Zomato co-founder’s health-tech startup

Blacktail Mindhouse, which operates health-technology company Mindhouse, has raised INR 5.2 crore in a funding round led by Binny Bansal’s BTB Ventures. Other investors that participated in the round include GGV Capital and the Aartieca Family Trust.
23/04/2020

Eight Roads-backed CredR raises venture debt from Stride Ventures

Mumbai-based refurbished two-wheeler reseller CredR has raised venture debt funding from Stride Ventures.Existing investors Eight Roads Ventures, GrowthStory and AngelList also participated in the funding round.
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