16/11/2022

ReadyAssist has raised USD 5 Million from Howen International Fund SPC

Bengaluru-based roadside assistance startup ReadyAssist has raised USD 5 Million from Howen International Fund SPC as a part of its ongoing pre-Series A funding round. The company will use the fresh funds to further boost its service network to bring in speed and availability through technology across India.
16/11/2022

Insight Partners, Georgian Back Contentstack In Series C Round

Content experience platform Contentstack on Tuesday secured USD 80 Million in a series C funding round co-led by existing investors Insight Partners and Toronto-based Georgian Partners. The round also saw participation from Illuminate Ventures.
16/11/2022

Simplilearn Raises USD 45 Million In A Series E Round

Simplilearn Solutions which provides a training destination for professional certification courses raised USD 45 Million in a Series E funding round, from a consortium led by GSV Ventures. The round also saw participation from Clal Insurance, and DisruptAD, ADQ’s venture platform
16/11/2022

Healthtech Platform BeatO Snags USD 33 Million In Series B Round

Diabetes management platform BeatO has raised USD 33 Million in its Series B round of funding led by impact investor Lightrock India. The digital care platform also saw participation from its existing investors including healthcare focussed investor HealthQuad and e-commerce major Flipkart’s VC arm, Flipkart Ventures among others
16/11/2022

SphitiCap Makes Third Bet From Maiden Fund

Sector-agnostic early-stage fund SphitiCap has invested USD 9 Million in Noida-based electric mobility firm Corrit Electric as a part of its Series A funding, marking the third bet from its maiden fund. The startup plans to use the fresh funds to further its vision of onboarding 1.50 lakh e-bikes over […]
16/11/2022

Mirchi Parent ENIL Picks Up Minority Stake In Spardha

Private frequency modulation brand Radio Mirchi has bought a minority stake in online music platform Spardha. It is its first external investment with an aim to deepen strategic bets and build shareholder value and also scale up Mirchi as a mobile-first entertainment brand
15/11/2022

Instant Food Brand Yu Snags Fresh Series A Funding

Yu, an instant food brand secured Series A funding of USD 2.4 Million in a mix of equity and debt. The round was led by independent investor and stock market trader Ashish Kacholia, with existing investors, Asian Paints’ promoter group Manish Choksi and Varun Vakil. Yu will deploy the fresh […]
14/11/2022

Agritech Startup WayCool Backs Logistics Startup AllFresh

Agritech startup WayCool has invested in supply chain management startup AllFresh. The investment is part of Waycool’s strategy to create a Keiretsu in the global food supply chain. Keiretsu refers to building a business network, which is inclusive of diverse companies including manufacturers, supply chain partners, distributors, and financial institutions, […]
14/11/2022

Lentra Raises USD 60 Million In Series B Round

HDFC Bank-backed lending software provider Lentra has raised USD 60 Million in its Series B funding round, led by existing investors Bessemer Venture Partners (BVP) and Susquehanna International Group (SIG) and with participation from Citi Ventures. The latest round valued the company at USD 400 Million.
14/11/2022

Yulu Bikes Rakes In USD 9 Million From US DFC

Yulu Bikes Pvt. Ltd, which operates e-mobility-based transport startup Yulu has secured loan of USD 9 Million from US government’s Development Finance Corporation (DFC). The Bengaluru-based firm will use the fresh funds to further boost its green mobility alternative.
14/11/2022

Ghost Kitchens Buys Ex-Capgemini Exec Floated Restaurant Chain

Foodtech startup Ghost Kitchens has acquired Kolkata-based restaurant chain Where’s The Food for an undisclosed amount in a share swap deal. With this buyout, Mumbai-based Ghost Kitchens aims to scale up its business operations, including partner scrutiny on-boarding process, inventory intelligence and finance reconciliations, among others
11/11/2022

Singaporean BPC Brand Ploughs USD 10 Million In Ahmedabad-Based Iba Cosmetics

Clean beauty platform Iba Cosmetics has secured USD 10 Million from Singapore-based beauty and personal care products company Believe Pte Ltd, in a Series B capital raise. The Ahmedabad-based startup will use the fresh funds to expand its geographical footprint and brand scale up.
11/11/2022

Automovill has raised INR 2.15 Cr funding round led Inflection Point Ventures

Mobility solution provider Automovill has raised INR 2.15 Cr as a part of its pre-Series A funding round led by angel network Inflection Point Ventures. The startup will use the fresh funds to expand its marketing and operations as well as product portfolio.
11/11/2022

Amagi Raises Over USD 100 Mn At USD 1.4 Billion Valuation

Media technology startup Amagi has secured over USD 100 Million in a fresh raise from global private equity firm General Atlantic, taking the company’s valuation to USD 1.4 Billion. The Bengaluru-based firm plans to use the fresh funds to strengthen its support infrastructure for customers and invest in artificial intelligence-driven […]
11/11/2022

Alpha Wave, Aspada, Others Back Healthcare Startup Even

Even Healthcare has raised USD 15 Million from Alpha Wave and Aspada. The new investors will join existing investors Khosla Ventures, Founders Fund, Lachy Groom, Palo Alto Networks chief Nikesh Arora, Cred CEO Kunal Shah, and DST Global partner Tom Stafford.
10/11/2022

Bold Finance Bags Seed Fund From Kae Capital, Others; To 3X Its Gold Loan Partners

Fintech startup Bold Finance has raised a seed funding of USD 1.5 Million in a round led by Kae Capital. The funding round also saw participation from existing investors Antler India and Uni Cards’ Nitin Gupta, Stride Venture’s Ishpreet Gandhi McKinsey’s Shashikant Dola, Avail Finance’s Tushar Mehndiratta, ITC PSPD’s Vadiraj […]
10/11/2022

Garuda Aerospace Raises USD 5 Million To Build Advanced Drone Solutions For Armed Forces

Drone startup Garuda Aerospace has secured USD 5 Million in funding from a large infra-development company, a group of HNI and angel investors from India, UAE and Singapore. The startup will utilize the funds to build advanced drone solutions for the armed forces in collaboration with global giants from the […]
10/11/2022

Chiratae Ventures Leads Seed Round For Skye Air Mobility

Drone company Skye Air Mobility has raised USD 1.7 Million in a seed round, led by Chiratae Ventures. The round also saw participation from Lead Angels, O2 Angels, Agility Ventures, Lets Venture and several investors, including Rajeev Chitrabhanu, Ankit Nagori, Varun Alagh, Gautam Badalia, Ayush Lohia and others.
10/11/2022

Goa Brewing Co Raises Fresh Funds In Top-Up Round

The Goa Brewing Company has raised a round of USD 700,000 from marquee investors including K. Ganesh, a serial entrepreneur, and promoter of BigBasket; Samrath Bedi, executive director of beauty brand Forest Essentials; and members of Ekcle Ventures, an angel network. Saama Capital and DSG Consumer Partners had invested in […]
10/11/2022

HDFC Capital Invests In Fintech Startup Monsoon CreditTech

Fintech startup Monsoon CreditTech has raised an undisclosed amount in a funding round led by HDFC Capital, along with the participation of several existing and new investors including The Sparkle Fund by DMI Alternative Investment Fund and US-based Top Shelf Equity Partners. Angel investors such as Vellayan Subbiah and Akash […]
10/11/2022

Consumer Hardware Startup Up Raises Pre-Seed Funding

Up, a consumer hardware startup, has raised USD 500,000 as part of its pre-seed funding from Nithin Kamath-led Rainmatter. The funds raised from the pre-seed round will be used to execute the go-to-market strategy of the company’s first product delishUp. The device features a touch screen with unlimited guided recipes, […]
10/11/2022

Lets Venture, SucSEED, Others Invest In Spintly

Spintly, SaaS (software as a service)-based physical access control and smart buildings-focused startup, has raised USD 2.5 Million in a pre-series A round of funding from Lets Venture and Accel Nest. The round saw participation from Sucseed Indovation, RiSo Capital, Defang Technology, 91 Ventures, Kyto Technology and Life, and other […]
09/11/2022

Nexus Venture Partners Backs US-Based Doola

US-based fintech player Doola, operated by Distributed Inc raised USD 8 Million in a funding round led by Nexus Venture Partners. The round also saw participation from the Y Combinator Continuity Fund, HustleFund, Chris Adelsbach, Sahil Bloom, Alex Cohen, Bart Macdonald, Vibe Capital, among others.
09/11/2022

Pi Ventures Raises Funds From BII For Second Fund

Early-stage venture fund pi Ventures has raised USD 8 Million from UK’s development finance institution and impact investor, British International Investment (BII), for its second fund.The fund – primarily an investor in artificial intelligence (AI) and deeptech – expects to invest in about 20–25 startups.
Top