Inflection Point backs health food startup The Healthy Company

Nutritional food brand, The Healthy Company has secured undisclosed capital in a pre-Series A funding round led by Inflection Point Ventures. The startup plans to deploy the fresh money for marketing, research, and development as well as expansion of channels

Neobanking Startup Niyo Raises USD 30 Million For Brand Building, Expanding Product Suite

Neobanking startup Niyo has raised USD 30 Million in its latest funding round from Multiples Alternate Asset Management. Niyo will use the fresh capital to expand product capabilities and widen its customer base. It will further use funds for brand building and bolstering its team across divisions

Zomato-Backed Shiprocket Acquires Arvind’s Omuni For INR 200 Cr

Zomato-backed logistics and fulfillment startup Shiprocket has completed the acquisition of Arvind’s omnichannel technology business – Omuni. The deal will be a combination of stock and cash for a consideration of INR 200 Cr.

Drone Startup EndureAir Systems Raises Seed Funding To Scale Up Manufacturing

Drone startup EndureAir Systems has raised INR 13.5 Cr as part of its seed funding round led by Asian Paints co-promoter Jalaj Dani. The round also saw participation from the founders of robotics startup Addverb Technologies. The fresh funds will be deployed to ramp up its expansion plans and scale […]

B2B artisan firm Lal10 raises funds from Yuj Ventures, others

Business-to-business (B2B) artisan platform Lal10 has secured pre-Series A funding of USD 5.5 Million co-led by Yuj Ventures (Xander Group) and early-stage venture firm Beyond Capital Ventures. The round also saw participation from Spiral Ventures, Singularity Ventures, Asymmetry Ventures, Stride Ventures, Trica’s investor Network, Blacksoil, Panthera Peak, and Pegasus FinInvest.

AnyMind Group raises USD 29.4 Million to fund future acquisitions

AnyMind Group, a commerce enablement company has raised USD 29.4 Million in its Series D funding round from JIC Venture Growth Investments, Japan Post Investment Corporation and Nomura SPARX Investment. The round also saw participation from Proto Ventures Inc and existing investor Mitsubishi UFJ Capital

2am VC, Finsight Ventures, others back cybersecurity platform BugBase

Bengaluru-based cybersecurity startup BugBase has raised USD 500,000 in a pre-seed funding round led by 2am VC, with participation from Finsight Ventures, Dholakia Ventures and SAT Industries. The fundraise was also joined by a host of marquee angel investors including Neeraj Roy (founder of Hungama Entertainment), Nilesh Sangoi (founding CTO […]

GoIbibo founders-floated Eka Care raises USD 15 Million in Series A

Orbi Health Pvt Ltd, which runs healthtech startup Eka Care, has raised USD 15 Million in a Series A round led by Hummingbird Ventures. The round also saw participation from 3one4Capital, Mirae Assets, Verlinvest, Aditya Birla Ventures, Binny Bansal and Cloud9 Hospitals founder Rohit MA, among others.

Meesho-backer B Capital raises 1st early-stage focused global fund

B Capital Group, backer of startups such as Meesho BlackBuck and Khatabook has closed its first dedicated early-stage fund at USD 250 Million and that it will invest globally with focus on US and Asia, including India.

Sanjay Nayar’s Sorin Investments Raises USD 100 Million In First Close Of Debut Fund

Sorin Investments, a VC firm set up by KKR’s Sanjay Nayar and Caravel Group’s Angad Banga, has raised USD 100 Million from multiple family offices for its debut fund. Sorin Investments will write a dozen cheques worth between USD 2-10 Million for startups in Series A to Series C.

D2C Children Footwear Brand Plaeto Secures Funding To Expand To New Markets

Bengaluru-based D2C footwear brand Plaeto which makes footwear for children raised INR 40 Cr in a Series A round of funding led by Florintree Advisors, with participation from other investors. The startup plans to use the incoming funds to expand to new markets and bring new products to its catalogue.

Ex-Uber exec Amit Jain’s new Web3 venture raises USD 25 Million led by Sequoia

Amit Jain – who recently quit as a managing director at Sequoia Capital India – has raised about USD 25 Million for his new venture, named Zamp. The round, led by Sequoia Capital and a clutch of high-profile individual investors, values Jain’s startup at almost USD 160 Million

Ex-Google exec, Saama Capital, others back fashion discovery platform Shouto

Shouto Technologies which runs fashion discovery firm Shouto has secured pre-seed funding of USD 1.6 Million led by Saama Capital, with participation from Amit Singhal (former head of search at Google), Whiteboard Capital and Arjun Vaidya (Founder of Dr. Vaidyas), among others

MediBuddy Acquires Healthtech Startup Clinix To Expand Reach In Rural India

Healthtech startup MediBuddy has acquired rural India-focused online consultation platform Clinix for an undisclosed amount. The deal will enable MediBuddy to further expand its reach in non-metro areas of the country. MediBuddy will leverage Clinix’s network across 20 Tier-2, 3 cities to increase its user base and further scale their […]

ZKX Raises Seed Funding To Simplify Crypto Trading For Mobile-Friendly Markets Like India

Web3 startup ZKX has raised USD 4.5 Million in seed funding from StarkWare, Alameda Research, Amber Group, Huobi, Crypto.com and others. The Dubai-based startup plans to enter emerging markets, including India, with its decentralised exchange that is currently under development and expected to be launched in the fourth quarter of […]

Ronnie Screwvala-led Upgrad buys recruitment firm Wolves India

Upskilling unicorn Upgrad has acquired Bengaluru-based recruitment and staffing platform, Wolves India for an undisclosed sum. Founded in 2016, Wolves India specializes in placing tech talent across startups, along with mid and large-sized organizations in India and overseas.

OneCard becomes unicorn after USD 100 Million round

Credit card startup OneCard’s parent FPL Technologies has raised USD 100 Million in a Series D round led by Singapore-based Temasek Holdings, making it the latest entrant into the much-coveted unicorn club. The round also saw participation from Matrix Partners, QED Investors, Hummingbird Ventures, Sequoia Capital, and Sarv Investments.

Agritech startup Faarms pockets USD 10 Million in funding

Faarms, an agritech startup has raised USD 10 Million in the latest round of funding from a clutch of individual investors. The Bengaluru-based startup has raised funding from serial entrepreneur Dr Cornelius Boersch and Singaporean angel investor Koh Boon Hwee.

Y Combinator, Khosla Ventures back fintech startup Swadesh

Cross-border fintech platform Swadesh Digital has secured pre-seed funding of USD 2.25 Million from Y Combinator, Khosla Ventures, 8VC and Section 32. The company plans to use the fresh capital to onboard more customers and boost product suite of NRI-focused financial products

Mental health startup Wysa snags Series B funding from HealthQuad, BII, others

Mental health platform Wysa has raised USD 20 Million as part of its Series B funding round led by venture capital firm HealthQuad. UK’s British International Investment and existing investors W Health, Kae Capital, Google Assistant Investments and pi Ventures also contributed to the funding round

Prosus leads USD 28 Million round in AI-based SaaS startup Detect Technologies

Detect Technologies, an artificial intelligence-based SaaS startup, has raised USD 28 Million in a Series B round led by Prosus Ventures. The round saw participation from existing investors Accel and Elevation Capital, Shell Ventures, Bharat Innovation Fund and BlueHill Capital.

Fintech SaveIN racks up fresh seed fund from Bayhouse Capital, others

Healthcare-focused fintech startup SaveIN has raised fresh funding as part of its two seed rounds from existing investors Guernsey-based Bayhouse Capital and 10X Group founders.

5ire raises USD 100 Million in Series A

Level-1 blockchain network, 5ire, has raised USD 100 Million at a valuation of USD 1.5 Billion in a Series A round of funding from UK-based conglomerate SRAM & MRAM Group, becoming India’s 105th unicorn and 20th in this calendar year.

Rocketship.vc Raises USD 125 Million In First Close Of Third Fund

The Silicon Valley-based venture capital firm Rocketship.vc has raised USD 125 Million in the first close of its third fund. Rocketship.vc will continue to invest in Indian startups. The vc firm also plans to use the remaining capital from the second fund to deploy the same for follow-on investments in […]