15/04/2022

Bike Taxi Startup Rapido Raises USD 177.5 Million From Foodtech Giant Swiggy, TVS Motor

Bike taxi startup Rapido has raised around USD 177.5 Million in a funding round led by food delivery aggregator Swiggy and also saw participation from another new investor TVS Motors. Existing investors WestBridge Capital, Nexus Ventures, Shell Ventures also infused capital in the round.
15/04/2022

Sequoia leads USD 3.4 Million funding in fintech firm Hubble

Fintech startup Hubble has secured seed funding of USD 3.4 Million in a round led by Sequoia Capital India and also saw participation from angel investors including Kunal Bahl (Snapdeal) and Sateesh Andra (Endiya Partners), among others.
15/04/2022

Web3 firm EPNS raises USD 10.1 Million at USD 131 Million valuation

Web3.0 platform Ethereum Push Notification Service has secured Series A funding of USD 10.1 Million led by Jump Crypto at a valuation of USD 131 Million and also saw participation from Tiger Global, ParaFi, A.Capital, Sino Global, Polygon Studios, Harmony Foundation, Wintermute, Zee Prime, Woodstock Ventures, DCX Ventures, Alpha Wave […]
14/04/2022

MSME Lender Kinara Capital Bags USD 27.3 Million From Nuveen Global Impact Fund

Fintech startup Kinara Capital has raised USD 27.3 Million in a fresh round of funding from Nuveen Global Impact Fund and Triple Jump.The startup plans to utilise the newly raised capital to focus on building a global team for further expansion in the U.S. and APAC markets
14/04/2022

Hrtech Startup Mesh Eyes Expansion After Raising USD 11 Million Funding Led By RTP Global

Performance management startup Mesh has secured USD 11 Million in a Series A funding round led by venture capital firm RTP Global and also saw participation from YC Continuity, Surge and angel investors including Viral Bajaria, Ankit Nagori, Sumon Sadhu and Hemant Bhardwaj.
14/04/2022

E-learning firm MediSage pockets USD 7 Million from Bessemer Venture, others

MediSage, the digital community for healthcare professionals has raised USD 7 Million in funding led by Bessemer Venture Partners and also saw participation from Rahul Mukim (Carlyle), TP Devarajan (Invascent), Vijay Datt (Citadel Management ), and Siddharth Sikchi (Clean Sciences and Technology).
14/04/2022

Tiger Global leads Series A round in cybersecurity firm Securden

US and India-based Securden Inc, an IT security startup have raised USD 10.5 Million as part of its Series A funding led by Tiger Global. New investor Together Fund and existing investor Accel also participated in the round
14/04/2022

Upsparks, Superb Capital back fintech firm Leaf Round

Alternative investment platform Leaf Round has raised USD 300 K in pre-seed funding from micro venture capital firm Upsparks and Superb Capital. Other investors who took part in the round include senior business leaders from McKinsey & Company, Bain & Company, Barclays, and Adobe
14/04/2022

SoftBank Vision Fund leads USD 125 Million round in Nexus Venture-backed Observe.ai

Observe.ai, AI-powered speech analytics, and quality management platform have raised USD 125 Million in a Series C funding led by SoftBank Vision Fund 2. The round also saw participation from Zoom and existing investors Menlo Ventures, Scale Venture Partners, and Nexus Venture Partners.
14/04/2022

Travel SaaS firm ITILITE snags USD 29 Million from Tiger Global, Tenacity Ventures, others

Travel management startup ITILITE Technologies has secured Series C funding of USD 29 Million led by Tiger Global and Dharana Capital with participation from existing investors Matrix Partners India and Tenacity Ventures.
13/04/2022

B2B Healthtech Startup Medikabazaar Bags USD 65 Million

Mumbai-based Medikabazaar, an online aggregator for medical equipment and supplies has raised USD 65 Million in a funding round led by Lighthouse India Fund and also saw participation from existing investors such as Creaegis, Health Quad, Ackermans & van Haaren, British International Investment and KOIS Holdings. With this funding round, […]
13/04/2022

TV Actor & Cricket Presenter Gaurav Kapur Invests In D2C Startup Flatheads

Direct-to-customer (D2C) online casual sneakers brand Flatheads has received an undisclosed amount of funding from TV actor and cricket presenter Gaurav Kapur. Kapur also joined as its brand ambassador. The brand is planning to launch back-to-back digital campaign with the help of this partnership
13/04/2022

In Its First investment Post Listing, Fino Picks Up 12.19% Stake In Fintech Startup Paysprint

Fino Payments Bank announced that its board had approved a strategic investment in fintech startup, Paysprint. As part of the deal, the payments bank will acquire a 12.19% stake in Paysprint for an undisclosed amount. The acquisition will be executed by way of subscription of shares.
13/04/2022

Deeptech Startup Spyne Secures USD 7 Milliom Funding Led By Accel To Fuel Global Expansion

Delhi NCR-based deeptech startup Spyne which helps businesses create high quality product images and videos using AI has raised USD 7 Million in its latest funding round. The round was led by Accel with participation from oStorm Ventures, Smile Group, Pentathlon Ventures, Core91, and prominent founders/CXOs
13/04/2022

Edtech Startup Newton School Bags USD 24.7 Million From Steadview, Nexus

EdTech Startup Newton School has closed around USD 24.7 Million fresh round of funding led by its new investor – Steadview Capital. RTP Global, SAMA Trust, and Nexus Partners also participated in the round.
13/04/2022

Last9 Raises USD 11 Million Series A Round Led By Sequoia Capital India

Software reliability platform Last9 has raised USD 11 Million in a Series A funding round led by Sequoia Capital India, with participation from co-investor Better Capital and angel investors. Recent fundraise paves its way to continue investing heavily in engineering and product with a focus on reducing alert fatigue for […]
13/04/2022

Glip Raises USD 3 Million Funding To Help Gamers Build And Monetise Games

Bengaluru-based gaming startup Glip, a creator tool suite for gamers to create and monetise games, has raised USD 3 Million in its Pre-Series A round led by Prime Venture Partners and also saw participation from existing investors Better Capital and iSeed. Angel investors include Paavan Nanda (WinZO), Nilay Arora (Tencent), […]
13/04/2022

Leo Capital, iSeed Ventures, others bet USD 3.5 Million on fintech firm EximPe

B2B fintech firm EximPe has secured seed funding of USD 3.5 million led by Leo Capital and also saw participation from RB investments, Founder Bank Capital, iSeed Ventures, 2am VC and LetsVenture. The round also saw participation from angel investors including Kunal Shah, Rajesh Raju, Ankit Nagori among others
13/04/2022

Stellaris Venture leads USD 4.2 Million seed round in AI chatbot firm LimeChat

Wavicle Technologies Pvt Ltd, which owns and operates artificial intelligence-based chatbot startup LimeChat has raised USD 4.2 Million in seed funding led by Stellaris Venture Partners. The round also saw participation from Pi Ventures, Titan Capital, and a few angel investors
13/04/2022

Arkam Ventures hits final close of first fund at USD 106 Million, exceeds target corpus

Arkam Ventures, a venture capital firm floated by former executives at Helion Venture Partners and Kalaari Capital has marked the final close of its first fund at USD 106 Million.The fund was oversubcribed against its original target of INR 650 Cr
13/04/2022

LenDenClub set to launch VC fund, eyes to back up to 25 startups

LenDenClub, a peer-to-peer (P2P) lending platform will be launching a venture fund to back fintech startups in seed and pre-Series A stage. The company will allocate up to USD 2-3 Million with an aim to back around 20-25 startups
12/04/2022

Home Interiors Ecommerce Marketplace YOUKRAFT Secures USD 10 Million Funding For Pan India Expansion

Home interiors and construction ecommerce marketplace YOUKRAFT has secured USD 10 Million in seed funding from the Goel Family Office including Manav Goel.
12/04/2022

MyShubhLife Raises USD 13.18 Million In Series B Funding From Gojo To Grow Its NBFC Book

Bengaluru-based lending tech startup MyShubhLife has raised USD 13.18 Million from Gojo & Company, a global investment holding company, to grow its Non-Banking Financial Company (NBFC) book.
12/04/2022

Blume Ventures-backed Medfin snags USD 15 Million from Arka Nxt, Axilor, others

Day-care surgeries focused Medfin has secured Series B funding of USD 15 million from Arka Nxt, Singapore-based HealthXCapital, Blume Ventures, Axilor Ventures, Sony and Kotak Investments.
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