02/08/2022

Logistics Unicorn Xpressbees Bags INR 195 Cr From Avendus Future Leaders Fund II

Logistics unicorn Xpressbees has secured INR 195 Cr as a secondary investment from Avendus’ fund called Avendus Future Leaders Fund II. The logistics startup claims to be operating in 3000 Indian cities and delivering more than 1.5 Million packages per day.
02/08/2022

WebEngage raises USD 20 Million in round led by Singularity Ventures, others

WebEngage, a user engagement software-as-a-service startup has raised USD 20 Million led by Singularity Growth and SWC Global. The round also saw participation from existing investors India Quotient, Blume, and IAN with family offices Unmaj Corporation, NB Ventures and few individual investors
02/08/2022

B2B SaaS startup Emitrr secures fresh funding from existing investors

Sofware-as-a-service company Emitrr has raised USD 4 Million in a pre-Series A round of funding led by existing investors Chiratae Ventures, Venture Highway, FortyTwo VC, and Axilor Ventures. The company will primarily use the newly infused funds to scale its go-to-market efforts
02/08/2022

EV 2-wheeler maker River raises USD 11 Million in Series A

Electric two-wheeler startup, River has raised USD 11 Million in a Series A round led by Chris Sacca’s Lowercarbon Capital, with participation from Toyota Ventures. Company is looking to open a manufacturing facility by the end of this year, with a capacity of 100,000 units as it aims to enter […]
01/08/2022

Combonation, India’s 1st and Only Combo Deal E-Commerce Platform, Raises USD 2 Million in Pre-seed Funding

Delhi-based e-commerce platform Combonation has raised USD 2 Million as a part of its pre-seed funding round led by Coloressence promoter RK Nanda, with participation from other private investors. The startup plans to deploy the fresh proceeds for expansion and scale technology as well as hiring.
01/08/2022

Digital Marketing Platform Logicserve Bags INR 80 Cr Funding, Rebrands As LS Digital

Digital marketing startup Logicserve Digital has raised funding from alternate asset management firm Florintree Advisors. LS Digital will use the funding to strengthen existing media capabilities and formulate an inorganic growth strategy to expand to other territories.
01/08/2022

Ratan Tata-Backed Pharma Startup Generic Aadhaar Bags Funding To Offer Low-Cost Generic Medicines

Pharmaceutical startup Generic Aadhaar has secured an undisclosed investment in its ongoing Pre-Series A funding round from Japanese VC company Beyond Next Ventures. Generic Aadhaar will use the fresh capital to grow its franchisee store count to 3000 across India.
01/08/2022

Fintech Startup Tartan Raises Funding To Scale Its Go-To-Market Operations

Bengaluru-based fintech startup TartanHQ Solutions has secured pre-Series A funding of USD 4.5 Million from a clutch of investors including 500 Global, 9Unicorns, InfoEdge Ventures, AngelList Quant Fund, WorldQuant Ventures and Varanium GenNext Fund, among others
29/07/2022

Property Price Management Startup PriceLabs Bags USD 30 Million From Summit Partners

Pune and Chicago-based cloud-native revenue management startup PriceLabs has bagged USD 30 Million from US-based investor Summit Partners. While the startup is profitable, PriceLabs intends to use the funds for product expansion in the revenue management solutions category and fuel global team growth.
29/07/2022

ARTPARK Foundation Sets Up USD 100 Million Venture Fund To Back 10-15 AI, Robotics Startups

Bengaluru-based AI and robotics foundation ARTPARK has launched a USD 100 Million venture fund to invest in 10-15 early and growth-stage AI and robotics startups building products for education, mobility, and healthcare sectors over a period of three years.
29/07/2022

PhonePe Acquires Content & App Discovery Platform OSLabs After A Year-Long Wait

After a year-long wait, fintech giant PhonePe has finally announced the acquisition of Indus OS’ parent OSLabs – a mobile platform that enables content and app discovery for users and app developers and the fintech giant will acquire Affle’s entire stake at a premium.
29/07/2022

Summit Partners invests in revenue management platform PriceLabs

PriceLabs Inc, a platform that provides pricing and revenue management solutions has raised USD 30 Million as a part of its Series A funding round from global alternative investment firm, Summit Partners.
29/07/2022

Jai Kisan snags USD 50 Million in first close of Series B at USD 200-240 Million valn

Rural fintech startup Jai Kisan has raised USD 50 Million in a mix of equity and debt in the first close of its ongoing Series B funding round. The round was raised at a valuation of USD 200-240 Million
29/07/2022

Medical Apparel Brand KNYA Med Raises Seed Funding Led By DSG

Online medical apparel firm Knya Med has raised an undisclosed capital in a seed round led by DSG with participation from the promoter families of Narayana Health and Cipla Health. The startup will deploy the fresh proceeds for product R&D, hiring and branding and marketing
29/07/2022

FinTech Firm Spare8 raises USD 770 K round led by 2am VC

Mumbai-based micro-investment platform Spare8 has secured pre-seed funding of USD 770,000 led by 2am VC and also saw participation from Broom Ventures, Incisive Ventures, Varanium Capital and Magic Fund, with marquee angel investors including Ajay Adiseshan , Anoop Mathur etc
28/07/2022

OfBusiness Invests USD 2.5 Million In Construction Management Startup Tracecost To Drive Digital Adoption

Building material-focused B2B ecommerce platform OfBusiness has reportedly made a strategic investment of USD 2.5 Million in construction management startup Tracecost. The contours of the deal were not immediately clear.
28/07/2022

Threado Raises USD 3.1 Million Seed Funding To Help Businesses Manage Online Communities

Community management platform Threado has raised USD 3.1 Million in a seed funding round led by Vertex Ventures Southeast Asia & India, with participation from other institutional investors such as Gemba Capital, Speciale Invest, and PointOne Capital.
28/07/2022

Hyperlocal Startup ChattyBao Raises USD 5 Million To Bring Kiranas Online Through WhatsApp

Delhi-based hyperlocal startup ChattyBao has raised over USD 5 Million in its seed funding round led by Vertex Ventures Southeast Asia & India and Info Edge Ventures. 7Square Ventures and a slew of angel investors also participated in the funding round.
28/07/2022

Child, maternity products marketplace Nestery raises Rs 6 Cr in funding

Maternity and children’s products startup, The Nestery has raised over INR 6 Cr as a part of its pre-Series A funding led by Inflection Point Ventures. The Company will use the fresh capital for team expansion, strengthen technology and producing original content.
28/07/2022

Food startup GetSupp raises INR 9.5 Cr in funding led by General Catalyst, Better Capital

Artificial intelligence-backed nutrition platform GetSupp has raised INR 9.5 Cr in seed funding led by General Catalyst and Better Capital. The round also saw participation from marquee angel investors including We Founders Circle, Saurabh Garg (NoBroker founder), Ankit Nagori (Curefoods founder), Kunal Shah (Cred founder), Rohit Kapoor (global chief marketing […]
28/07/2022

Zyla Health raises funds from Canara Bank’s venture fund arm, others

Canbank Venture Capital Fund has invested USD 1 Million in personalized healthcare management platform, Zyla Health Pvt. Ltd. The pre-Series A round also saw participation from Seeders and other angel investors.
27/07/2022

Bollywood Actress Shilpa Shetty Invests In D2C Nutraceutical Brands-Fast&Up, Chicnutrix

Bollywood actress Shilpa Shetty has made an undisclosed investment in D2C nutraceutical brands-Fast&Up and Chicnutrix. As part of the deal, Shetty has also joined these brands as a brand ambassador and will work towards strengthening and promoting health and self-care in India.
27/07/2022

Home Furnishing Startup Wify Raises Funding; Aims To Onboard 100K Blue-Collar Workers

Home furnishing startup Wify has raised USD 2 Million in its Pre-Series A funding round led by Blume Founders Fund and Unitus Ventures. Singularity Ventures and HePo NL also participated in the funding round.
27/07/2022

Crypto investment platform Crypso bags funding from Cred’s Kunal Shah, others

Community-led crypto investing platform, Crypso has raised USD 3 Million from Hashed Emergent, Athera Venture, Better Capital and Whiteboard Capital. The round also saw participation from Polygon founders Sandeep Nailwal and Jaynti Kanani, Kunal Shah and other angel investors
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