23/06/2020

Grocery delivery startup Milkbasket bags funding led by Inflection Point Ventures

Aaidea Solutions Pvt. Ltd, which operates contactless delivery service and grocery startup Milkbasket, has raised USD 5.5 million in a fresh funding led by Inflection Point (IP) Ventures. Others that participated in the round include existing backers such as Blume Ventures, Kalaari Capital, Mayfield India, Unilever Ventures and the Singapore-based BeeNext. […]
22/06/2020

Edtech startup Instasolv raises USD 2 Million in pre-Series A funding

Instasolv, a Noida-based edtech startup, has raised USD 2 million in pre-Series A funding from undisclosed investors. The company is a doubt-solving app for students from Class 6 to 12 in subjects of science and mathematics and also IITJEE and NEET.  
22/06/2020

Milk Mantra scoops up USD 10 million in debt financing from US-backed DFC

Dairy foods startup Milk Mantra has raised USD 10 million in structured debt financing from US International Development Finance Corporation (DFC).  
22/06/2020

Citizen safety-focussed platform DROR raises fresh funding

DROR Labs Pvt. Ltd, which operates citizen’s safety technology platform DROR, has raised funding from the US-based entrepreneur and investor Gopi Latpate and Inflection Point (IP) Ventures.  
22/06/2020

Furniture rental startup CasaOne secures debt financing from Credit Suisse

La Casa Ventures Inc., which operates Bengaluru and San Francisco-based CasaOne, has raised USD 50 million  in debt financing from multinational financial services group Credit Suisse.  
22/06/2020

Fixed-income investment marketplace GoldenPi raises funding from Rainmatter Capital

GoldenPi Technologies, a marketplace platform focused on fixed-income investments, has raised INR 3.5 crore from Rainmatter Capital.  
22/06/2020

Sequoia-backed auto maintenance startup raises funding from Pawan Munjal

Targetone Innovations, which operates automobile maintenance and servicing startup GoMechanic, has raised an undisclosed funding from Pawan Munjal, the managing director and chief executive officer of Hero MotoCorp.  
22/06/2020

Aavishkaar Capital bets more on Indonesian furniture retailer Fabelio

PT Tiga Elora Nusantara, which operates Indonesian omnichannel furniture retailer Fabelio, has raised USD 9 million in Series C funding round led by Taiwanese venture capital firm AppWorks.  Endeavour Catalyst and MDI Ventures, which is backed by Indonesian conglomerate Telkom Group, also invested, apart from existing backer Aavishkaar.  
18/06/2020

Bharti Airtel acquires strategic stake in kids learning startup Lattu Kids

Bharti Airtel, has acquired a strategic stake in edtech startup Lattu Media Pvt Ltd (Lattu Kids) as part of the Airtel Startup Accelerator Program.  
18/06/2020

A91 Partners invests INR125 crore in spice and condiments maker Pushp

Indore-based spices and condiments brand Pushp has raised INR 125 crore from A91 Partners, the private equity fund’s sixth investment since it was founded last year.  
18/06/2020

Sequoia India signs Series A cheque for Philippine neo-bank Tonik

Tonik Financial Pte Ltd, which operates the Philippines-based neo-bank Tonik, has raised USD 21 million in a Series A funding round led by Sequoia Capital India and US-based Point72 Ventures. Other investors that participated in the funding round include existing backers such as Insignia and Credence.  
18/06/2020

Venture Catalysts, former Castrol Asia head invest in robotics startup Peppermint

Aubotz Labs Pvt. Ltd, which operates industrial robotics startup Peppermint, has raised an undisclosed seed funding from startup incubator and accelerator Venture Catalysts and former Castrol Asia head Naveen Kshatriya.  
17/06/2020

Rural fintech startup Jai Kisan raises INR 30 Crore in Pre-Series A from Arkam Ventures, NABVENTURES, and others

Mumbai-based rural fintech platform Jai Kisan, has raised INR 30 crore in the Pre-Series A round of funding led by Arkam Ventures, with participation from NABVENTURES Fund I. Existing investors such as Blume, Prophetic Ventures, and Better Capital also participated in the round.  
17/06/2020

Biotech startup Biomoneta raises undisclosed round, will take germicidal tech to market

Bengaluru-based biotech startup Biomoneta has raised an undisclosed round of funding from Beyond Next Ventures (BNV) along with ArthaVida Ventures, and IVF specialist and angel investor, Dr Aniruddha Malpani.  
17/06/2020

Cricketer Shikhar Dhawan invests in yoga-based startup SARVA

SARVA, a yoga-based wellness startup, has raised an undisclosed amount of funding from ace cricketer and entrepreneur Shikhar Dhawan.  
17/06/2020

Agri-tech startup Agro2o raises funding from Mumbai Angels Network

New Delhi based Concinnity Agro2o, which owns and operates an eponymous agri-tech startup, has raised an undisclosed sum in a bridge funding round, dubbed pre-seed, from Mumbai Angels Network.  
17/06/2020

Beenext raises USD 110 million fund to invest in India, Southeast Asia

Singapore-based venture capital firm Beenext, has raised USD 110 million  for a fund aimed at startups in India and Southeast Asia. The India and Southeast Asia-focused fund aims to invest about 50% of the raised amount in Indian startups. The fund will seek to invest in early-stage startups in the […]
16/06/2020

Logistics startup LetsTransport raises INR 10 Crore from Stride Ventures

Venture debt fund Stride Ventures, has invested INR 10 crore in Bengaluru-based LetsTransport, an aggregator for fulfilling intra-city last-mile deliveries for enterprise customers.  
16/06/2020

Nexus leads USD 18-m round at Jiffy.ai

Palo Alto-based enterprise automation platform Jiffy.ai has raised USD 18 million in Series-A funding led by Nexus Venture Partners along with participation from Rebright Partners, W250 Venture Fund and a group of C-level executives from Atlassian, Costco, among others.  
16/06/2020

Artha India Ventures bets on Israeli startup offering Covid-19 diagnosis solutions

Israel-based Binah.ai Ltd, a startup that provides contactless healthcare applications, has raised funding from Artha India Ventures.  
16/06/2020

Actor Suniel Shetty invests in edtech arm of Sai Estate Consultants

The edtech arm of Sai Estate Consultants Chembur Pvt. Ltd has raised an undisclosed funding from actor-producer and entrepreneur Suniel Shetty.  
16/06/2020

Ed-tech startup Edvizo gets seed funding from Inflection Point Ventures

Edvizo Media Pvt. Ltd, an education-technology startup that acts as a marketplace for competitive exam institutes, has raised INR 1.14 crore in seed funding from Inflection Point (IP) Ventures.  
15/06/2020

Ekcle Ventures, others pour out seed funding for cocktail brand Jimmy’s

Indian cocktail brand Jimmy’s Cocktails, has raised INR 2.64 crore in seed funding led by Ekcle Ventures. Vidur Talwar, managing director at Mercedes-Benz T&T Motors, and Angad Bhatia, operations chief of Indiatimes Lifestyle Network, also participated in this funding round.  
15/06/2020

Sequoia’s Surge, Nexus lead seed funding in expense management startup Quolum

Quolum Inc., a startup focussed on expense management tools for software-as-a-service subscriptions, has raised USD 2.75 million in a seed funding round. The round has been led by Sequoia Capital accelerator Surge and Nexus Venture Partners.  
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