09/06/2020

Infibeam Avenues acquires Cardpay Technologies

Fintech solutions provider Infibeam Avenues Ltd (IAL) has acquired Bengaluru-based Cardpay Technologies. The deal has taken place at an initial cash consideration of INR 45 lakh.  
09/06/2020

Venture Catalysts bets on blue-collar worker-focussed platform MyKaam

Jobshob Tech Pvt. Ltd, which operates the blue-collar worker-focussed employment and recruitment platform MyKaam, has raised funding from startup incubator and accelerator Venture Catalysts.  
09/06/2020

Mumbai Angels Network invests in news distribution platform Knocksense

Knocksense Media Services , a local news discovery and distribution platform, has raised an undisclosed capital from Mumbai Angels Network.  
08/06/2020

Nexus leads USD 3.3 million Series-A in Yolobus

Yolobus, a startup looking to standardise inter-city bus travel, has raised USD 3.3 million in a Series-A funding round led by Nexus Venture Partners . The funding also saw participation from India Quotient.  
08/06/2020

Arkam Ventures Announces First Close Of Maiden Fund At INR 325 Crore

Bengaluru-based Arkam Ventures, formerly known as Unitary Helion, has announced the first close of INR 325 Crore of maiden INR 700 Crore startup fund. It will focus on early-to-growth-stage startups in Series A, Series B stages across financial services, healthcare, food, agriculture, and mobility space.  
08/06/2020

Japan’s Gojo & Company invests in Aviom India Housing Finance

Gojo & Company, Inc, a Japan-based firm that holds stakes in microlenders, has made a USD 3.7 million investment in its portfolio firm Aviom India Housing Finance Pvt. Ltd.  
08/06/2020

ReNew Power, Northern Arc get debt funding from US development bank

The US International Development Finance Corporation (DFC) is extending about USD 300 million in loans to a bunch of Indian companies including green energy developer ReNew Power Pvt. Ltd and non-bank lender Northern Arc. DFC is offering USD 142 million in debt to ReNew Power to help the company develop […]
05/06/2020

Info Edge Targets INR 750 Crore Corpus To Invest In Tech Startups

Noida-based Info Edge (India) Ltd, the parent company of online job listing platform Naukri, has proposed to set up INR INR 750 Crore fund.  Info Edge along with its wholly-owned subsidiaries in their capacity as LP committed INR 350 Crore and has already disbursed INR 150 Crore from that till […]
05/06/2020

Bessemer-backed DocsApp raises Series B funding as it merges with MediBuddy

Venture capital-backed doctor consultation platform DocsApp has merged with the Bengaluru-based digital consumer health business of MediBuddy. The merged firm has received USD 20 million as part of its Series B round of funding. However, the financial details of the merger per se were not disclosed.  
04/06/2020

Fertility platform IVF Access raises USD 5 Million from Vertex Ventures SEA & India

IVF Access, a Bengaluru-based healthcare startup focused on providing In Vitro Fertilisation (IVF) treatments in India, has raised USD 5 million in Series A funding.  The investment was made by Vertex Ventures Southeast Asia and India.  
04/06/2020

Building automation firm Hipla gets angel funding from HNIs

Hipla Technologies, which offers SaaS-based office automation solutions, has raised INR 2.6 crore  in funding from a clutch of wealthy individuals from India and Singapore.  
04/06/2020

Ed-tech firm iNurture bags funding from Dubai family office

Bengaluru-based ed-tech startup iNurture Education Solutions, a provider of formal higher education programmes in India, has raised USD 4 million from Kimera Ltd, a Dubai-based family office.  
04/06/2020

Temasek, Warburg Pincus infuse fresh capital into CarTrade

Automobile classifieds portal CarTrade.com has raised INR 321 crore from two of its existing investors in its Series H round of financing.  
04/06/2020

Hero Group’s Sunil Munjal pumps more money into beauty products e-tailer Nykaa

Beauty products e-tailer Nykaa is raising INR 19.6 crore additional capital from its existing investor Sunil Kant Munjal, one of the founder promoters of Hero Group.  
03/06/2020

Logistics solutions provider LetsTransport raises INR 10 crore from Blacksoil

Bengaluru-based intra-city logistics provider LetsTransport, has raised INR 10 crore from venture debt firm Blacksoil Capital.  
03/06/2020

Debt resolution startup Credgenics raises seed round led by Titan Capital

Debt resolution platform Credgenics, which combines the power of artificial intelligence with data science, has raised a seed round of funding led by Titan Capital a fund backed by SnapDeal Founders Kunal Bahl and Rohit Bansal.  
03/06/2020

Logistics marketplace Vahak raises seed funding from Leo Capital

Vahak, an online road transport marketplace, has raised an undisclosed capital in a seed funding round led by venture capital fund Leo Capital.  
03/06/2020

Agritech startup Crofarm raises USD 1 Million from Smile Group and others, enters B2B2C biz with Otipy

Farm to retail agritech startup, Crofarm, said it has raised USD 1 million in a funding round led by Smile Group, and entered the business-to-business-to-consumer (B2B2C) space with the launch of Otipy, a community-based platform that connects consumers, resellers and farmers.  
03/06/2020

Travel-tech firm QuaQua bags funding from Anthill Ventures

QuaQua Experiences, a platform that provides real and virtual travel experiences, has raised USD 1 million from Anthill Ventures and other existing investors.  
03/06/2020

IAN Fund leads funding in customised furniture startup WoodenStreet

Jaipur-based online furniture platform WoodenStreet has raised USD 3 million in funding led by IAN Fund, the eponymous debut fund of the Indian Angel Network (IAN). Existing investor Rajasthan Venture Capital Fund (RVCF) also participated in this round.    
03/06/2020

BankBazaar raises INR 45 crore in ongoing funding round led by WSV

A&A Dukaan Financial Services, which owns and operates online financial services marketplace BankBazaar, has received INR 45 crore in fresh financing as part of its ongoing Series D round. The latest capital infusion has been led by WSV-a joint venture fund of Walden International and Korean company SKTA-with BankBazaar’s existing […]
02/06/2020

Cube Wealth raises mid-series funding, launches SaaS solution for fund managers

Technology-based investment startup Cube Wealth has raised mid-series funding of USD 500,000, led by founder Satyen Kothari, along with existing investors Singapore-based venture fund Beenext and Japan-based Asuka Holding participating in the round.  
02/06/2020

Munich Re may lead USD 70 million round in Acko

Munich Re Ventures, the strategic corporate venture capital arm of Munich Reinsurance, is in the final stages of leading a USD 60-70 million financing round in Acko Technology. Other existing investors, such as Amazon, former SoftBank executive Kabir Misra’s RPS Ventures and Intact Ventures, will likely participate in the ongoing […]
02/06/2020

VC firm Antler hires Urban Ladder co-founder Rajiv Srivatsa for India entry

Singapore-based venture capital firm Antler is starting its India operations and has appointed Urban Ladder co-founder Rajiv Srivatsa to lead its local operations. Antler plans to bet on as many as 40 companies in India through a country-focused fund within a year.  
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