30/08/2022

Merak Ventures Launches USD 100 Million Maiden Fund To Back Early-Stage Startups

Gurugram-based early-stage venture capital firm Merak Ventures is raising its debut VC fund with a target corpus of USD 100 Million. The fund will invest in up to 20 startups over the next three to four years.
30/08/2022

Spacetech Startup Pixxel Bags Investment From Accenture

US-listed IT firm Accenture has made a strategic investment in space tech startup Pixxel which recently launched its first full-fledged commercial imaging satellite, Shakuntala, and is bringing in more innovations in earth imaging technology. The terms of the deal were not disclosed.
30/08/2022

ApniBus secures its pre-seed funding from Antler India

Intercity bus platform ApniBus has raised an undisclosed amount of funding in a pre-seed round led by early-stage venture capital firm Antler India. The round also saw participation from GoodWater Capital and angels including Niraj Singh (founder and CEO at Spinny) and Asish Mohapatra (founder and CEO at OfBusiness).
30/08/2022

Perpetuity Capital raises INR 1 Cr in funding from Sungrace

Fintech startup Perpetuity Capital has secured INR 1 Cr in a funding round from Sungrace Finvest. The Company plans to deploy the fresh proceeds to ramp up its tech capabilities. It also looks to expand its EV OEM tie ups and help with financing their B2B and retail sales.
30/08/2022

Nazara Tech Acquires US-Based WildWorks

Listed gaming startup Nazara Technologies Ltd has bought kids’ interactive entertainment firm WildWorks for INR 78 Cr in an all-cash deal, marking the company’s first acquisition in the US. With this acquisition, WildWorks plans to localize the existing Animal Jam apps for new territories and develop new apps and interactive […]
29/08/2022

VC Firm Climate Angels Sets Up Special Cells To Back Climate Tech Startups

VC fund Climate Angels has launched special syndicates to help investors invest in climate tech startups easily. Under these syndicates, Climate Angels will write off cheques between INR 3-10 Cr in climate tech-focused startups for the period of six years.
29/08/2022

Proptech Accelerator Gruhas ASPIRE Finalises Seven Startups For Its First Cohort

Gruhas ASPIRE is a partnership between Gruhas Proptech Fund, DLF Family Office, and Anthill Ventures. Proptech accelerator has selected seven startups as part of its maiden cohort. Under the initiative, the selected startups will be provided with mentorship on a range of domains including market expansion, business model refinement, hiring, […]
29/08/2022

Credence Invests USD 4 Million In EV Startup 3eco & Its Parent 3ev

Bengaluru-based Credence has invested a total of USD 4 Million in Pre-Series A funding rounds of the EV startup, 3ev and its group company – 3eco Systems. The raised funds will be used for expanding capacity and adding fleets in 3Ev.
29/08/2022

Supply Chain Platform Metalbook Raises Seed Funding

Digital supply chain platform Metalbook has raised USD 5 Million in seed funding led by Axilor Ventures. Foundamental, RTP Global, Stride Ventures and a few angel investors also participated in the funding round. The Company plans to use the funds to scale to 12 newer geographies, strengthen its global network […]
26/08/2022

Agritech Startup Harvesting Raises Funds To Expand Its Network To 5 Mn Farmers

Harvesting raised USD 4 Million from Silicon Valley-based Social Capital and angels Peggy Dulany Rockefeller and Elliott Donnelly. Harvesting plans to take its total employee count to 50 by year-end and launch at least one offline centre in each Indian district. The agritech startup supports farmers for buying agri inputs, […]
26/08/2022

Sandeep Nailwal’s Crypto VC Fund Symbolic Capital Raises USD 50 Million

Symbolic Capital has raised USD 50 Million for the VC fund by and for Web3 founders (and from Web3 enthusiasts such as crypto exchanges, family offices, and institutions).
26/08/2022

Energy Storage Firm Cygni Snags USD 12 Million From Meridian, Others

Energy storage startup Cygni Energy has secured USD 12.5 Million from Meridian Global Ventures and Indian Overseas Bank in a mix of debt and equity funding round. The Hyderabad-based firm plans to use the fresh capital to boost product, ramp up business and to roll out greenfield manufacturing plant in […]
26/08/2022

Kedaara Capital Invests USD 50 Million In IVF Chain Oasis

South India-based in-vitro fertilization (IVF) chain Oasis Centre for Reproductive Medicine has raised USD 50 Million in an equity round of funding from homegrown private equity fund Kedaara Capital.
26/08/2022

Healthtech Startup HealthAssure Bags Fresh Funding In Pre-Series B

Healthtech startup HealthAssure has raised INR 50 Cr in a pre-series B funding round led by Rajiv Dadlani Group. Blume Ventures, Leo Capital, an unnamed US-based impact fund, family offices, and high-net-worth individuals also participated in the round.
26/08/2022

GIC Singapore To Invest USD 50 Million In Paper Boat Maker

Hector Beverages Pvt. Ltd, the maker of Paper Boat beverages and packaged foods, has passed a special resolution to raise USD 50 Million in Series D funding from Singapore’s sovereign fund GIC Pte. Ltd
26/08/2022

Web3 cricket strategy game Cricinshots has raised an undisclosed pre-seed capital from Antler India

Web3 cricket strategy game Cricinshots has raised an undisclosed pre-seed capital from Antler India. The company plans to deploy the fresh proceeds to scale its product and strengthen the team.
26/08/2022

Vidcare has secured pre-seed funding of USD 300,000 in a round led by Social Alpha

Pune-based diagnostic startup Vidcare Technologies has secured pre-seed funding of USD 300,000 in a round led by Social Alpha, with participation from Lavni Ventures and Derbi Foundation. The firm plans to use the fresh funds for product development, clinical testing, real-world effectiveness, and early commercialization.
26/08/2022

Processed Flour Startup Floryo Bags USD 2 Million In Pre-Series A

Processed flour under the brand name Floryo has raised USD 2 Million in pre-series A funding round led by 3one4 Capital. The Bengaluru-based startup has also raised $400,000 in venture debt from Alteria Capital. The round also saw participation from prominent investors such as Licious co-founders Vivek Gupta and Abhay […]
25/08/2022

IPO-Bound Pepperfry Acquihires Interior Designing Startup Brandmakerr

Online furniture marketplace Pepperfry has acquihired interior designing startup Brandmakerr for an undisclosed amount. As part of the deal, Brandmakerr’s founder Rahul Kapuria has been appointed as the vice president of Pepperfry.
25/08/2022

Data Security Startup Privado Secures USD 14 Million To Help Businesses Resolve Privacy Issues

Data Security Startup Privado has raised USD 14 Million in its Series A funding round co-led by Insight Partners and Sequoia Capital India. Existing investors–Together Fund and Emergent Ventures also participated in the funding round.
25/08/2022

TVS Motor To Pick 48% Stake In Narain Karthikeyan Co-Founded Startup

Publicly listed 2-wheeler maker TVS Motor will acquire 48% stake in DriveX, a two-wheeler startup co-founded by former Formula 1 driver Narain Karthikeyan for INR 85.4 Cr.
25/08/2022

SaaS Platform Scalenut Raises Funds From Saama Capital, Others

Artificial intelligence-based marketing and SEO startup Scalenut has closed a USD 3.1 Million funding round led by Saama Capital and Amit Singhal, former senior vice president of Google and head of Google Search. The company plans to use the funds to continue building the platform, hire talent and expand to […]
25/08/2022

Singularity, Others Invest INR 90 Cr In Men’s Apparel Brand XYXX

Surat-based men’s apparel brand XYXX Apparels has raised INR 90 Cr as a part of its Series B funding round led by Singularity Growth Opportunities Fund. The round also includes a venture debt of INR 15 Cr from Trifecta Capital. Existing investors Sauce Venture Capital and DSG Consumer Partners also […]
25/08/2022

Ultraviolette Raises Funds From Ferrari Backer EXOR Capital

Electric 2-wheeler startup Ultraviolette Automotive raised funding from Amsterdam-based Exor Capital. The investment is part of an ongoing Series D round of funding. The company did not disclose financial details of the funding round
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