18/05/2020

Indian School Finance Company Raising INR 40 Crore From Gray Matters

Hyderabad-based fintech startup Indian School Finance Company is raising INR 40 Crore fresh funding from US-based impact investor Gray Matters Capital Inc.  
18/05/2020

Health-tech startup DeepTek bags funding from GHV Accelerator, others

DeepTek Medical Imaging, which operates an artificial intelligence-enabled radiology platform, has raised funding from a clutch of investors, including Green House Ventures, Japanese medical imaging solution provider Nobori Ltd and NTT Data.  
15/05/2020

Organic Skincare Brand Juicy Chemistry Raises around INR 5 crore from Akya Ventures

Coimbatore based home grown brand Juicy Chemistry, has closed a series A round of funding of around INR 5 crore  from Akya Ventures.  
15/05/2020

RentoMojo enters USD 100 million valuation club with fresh VC funding

The Bengaluru-based firm, operated by Edunetwork, has raised nearly INR 24.5 crore from its existing backers, including Chiratae Ventures, Accel, Bain Capital and French entrepreneur Renaud Laplanche.  
15/05/2020

Sequoia India bets more on Indonesian coffee chain Kopi Kenangan

Sequoia Capital India Advisors , the domestic arm of the global venture capital firm, has led a USD 109 million Series B funding in Kopi Kenangan, an Indonesian beverage retailer. Facebook co-founder Eduardo Saverin’s B Capital, Horizons Ventures, Verlinvest, Kunlun, Sofina and Alpha JWC Ventures also participated in the round. […]
14/05/2020

B2B startup GroCurv raises seed funds from Unicorn Investments

GroCurv, a Gurugram-based technology powered marketing and sales services procurement startup, has raised an undisclosed amount of seed funding from Singapore’s early-stage venture capital firm, Unicorn Investments Pte Ltd.
14/05/2020

Tiger Global, Avatar and others put USD 44 million in SirionLabs

SirionLabs, a startup that provides contract management software to enterprises has raised $44 million in fresh funding, led by Tiger Global and Avatar Growth Capital.
14/05/2020

Hyperlocal discovery startup Magicpin valued around USD 150 mn in new funding round

Samast Technologies , which operates hyperlocal discovery startup Magicpin, has raised INR 29.27 crore fresh funding from a clutch of investors led by Lightspeed Venture Partners.
14/05/2020

Saama Capital leads Series A funding in agri-tech startup Intello Labs

Artificial intelligence-focussed agricultural technology startup Intello Labs  has raised INR 45 crore  in its Series A funding round led by new investor Saama Capital along with global agritech funds GROW (Singapore) and SVG Ventures THRIVE (US). Existing investors Omnivore and Nexus Venture Partners also participated in this round.
13/05/2020

Innoven Capital Investing In LetsTransport’s Series B Round

Innoven Capital India Private Limited is investing around INR 1.43 Crore in tech-enabled logistics marketplace LetsTransport .
13/05/2020

Vogo is raising fresh funds in ongoing Series C round

Bengaluru-based two-wheeler rental platform, Vogo has raised an additional INR 2 Crore from Exponentially I Mobility LLP.
13/05/2020

Electric vehicle charging startup Charge+Zone raises funding from Mumbai Angels

Tecso Charge Zone , which operates electric vehicle (EV) charging startup Charge+Zone, has raised undisclosed capital from Mumbai Angels Network.
13/05/2020

Health-tech startup Doceree secures seed funding

Doceree Inc., which operates an eponymous health-technology firm focussed on physician engagement, has raised USD 1 million in its seed funding round led by Beyond Codes founder and CEO Kumar Gaurav, with participation from a group of angel investors in India and the US.
13/05/2020

Refrens raises funding from Paytm founder, others

Refrens Internet , which operates an eponymous payments, invoicing and expense management system, has raised undisclosed capital from high-profile angel investors. Paytm founder Vijay Shekhar Sharma, Shaadi.com founder Anupam Mittal were among the high-profile backers in this funding round.
12/05/2020

Microfinance company Sindhuja Microcredit raises USD 8.7 Millio in Series B from NMI and Carpediem Capital

Sindhuja Microcredit, a new generation digital and rural-focused Micro Finance Institution providing financial services to the bottom of the pyramid self-employed women entrepreneurs, has raised a Series B funding round of USD 8.7 million from Norway-based Nordic Microfinance Initiative (NMI) and Carpediem Capital.
12/05/2020

AI-based business photography firm Spyne raises pre-Series A funding

Eventila Technologies , which operates artificial intelligence-based business photography firm Spyne, has raised undisclosed  funding as part of its pre-Series A round led by AngelList, with participation from the Smile Group.
12/05/2020

Logistics-tech firm Shiprocket raises Series C funding

BigFoot Retail Solutions , which operates e-commerce-focussed logistics-technology firm Shiprocket, has raised USD 13 million  in its Series C funding round led by the US-based Tribe Capital, with other participants including InnoVen Capital and existing backer Bertelsmann India Investments.
11/05/2020

Steadview Capital invests INR 67 crore more in Nykaa

Asia-focused hedge fund Steadview Capital has invested an additional INR 67 crore in online beauty retailer Nykaa.
11/05/2020

Medical advice platform DocsApp scores cash injections from Fusian Capital, others

Phasorz Technologies, which operates medical consultation platform DocsApp, has raised USD 9.6 million in funding led by Fusion Capital. Bessemer Venture Partners (BVP) India, Rebright Partners and Milliways Fund has also participated in the round.
11/05/2020

Impact investor Caspian’s debt arm raises funding from US International DFC

Digital corporate lending financial services firm Caspian Debt has raised USD 20 million as long-term debt from the US International Development Finance Corporation (USIDFC), an arm of the US government that provides finance to impact-oriented projects.
11/05/2020

Space-tech startup VestaSpace secures funding from Next Capital

VestaSpace Technology, which operates a space-technology startup focussed on providing small and medium businesses with access to satellites, has raised USD 10 million in funding from Next Capital, US-based investment management and advisory services firm.
11/05/2020

Ratan Tata invests in Generic Aadhaar to bring affordable medicines to masses

Ratan Tata, has  invested an undisclosed amount in pharmaceutical venture Generic Aadhaar. It follows a pharmacy-aggregator business model sourcing generic drugs directly from the manufacturer and providing it to the retailers, thereby cutting out the middlemen completely and delivering medicines to masses at a much lesser cost.
11/05/2020

Fintech firm LoanAdda bags funding from ah! Ventures, others

Aadventure Infotech , which operates small-ticket loans-based financial technology firm LoanAdda, has raised undisclosed funding from ah! Ventures, the Mumbai-based investment manager and platform. PRAAK Investments and Ahmedabad-based Ratnaafin Group also participated in the funding round.
08/05/2020

Voicebot startup for enterprises Vernacular.ai raises Series A funding

Vernacular.ai, which offers a multilingual artificial intelligence (AI) platform for businesses, has raised USD 5.1 million  in its Series A round of funding led by Exfinity Ventures and IAN Fund.
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