20/10/2022

Building Materials Marketplace GlobalFair Rakes In USD 20 Million From Lightspeed, Saama Capital, Others

Building materials supplier GlobalFairhas raised Series A funding of USD 20 Million in a mix of equity and debt led by Lightspeed Venture Partners, with participation from investors including Saama Capital, India Quotient, AUM Ventures and Stride Ventures.
19/10/2022

MedGenome Keeps USD 40 Million For Acquisitions This FY

MedGenome Inc., which is backed by Sequoia Capital, Novo Holdings, and LeapFrog Investments among investors, has earmarked USD 40 Million for acquisitions this financial year. The genomics research startup is targeting to close three deals in the next two to three months.
19/10/2022

Vertex Ventures Leads USD 9 Million Series A Round In Used Two-Wheeler Etailer BeepKart

Beep Innovations which runs full-stack online retailer for used two-wheelers BeepKart, has secured Series A funding of USD 9 Million led by Vertex Ventures Southeast Asia and India, with participation from existing investors Stellaris Venture Partners and Chiratae Ventures.
19/10/2022

Wipro Consumer’s Venture Arm Backs Indonesia-Based Supplement Brand YOUVIT

Wipro Consumer Care Ventures, the venture funding arm of Wipro Consumer Care & Lighting has invested in Indonesia-based startup YOUVIT which sells nutraceutical and wellness products for children and adults. This marks the fund’s first direct investment in a south-east Asia startup.
19/10/2022

Weh Ventures, Rainmatter, Others Invest In Reusable Packaging Platform InfinityBox

InfinityBox, a reusable packaging platform for single-use plastic containers has raised USD 800,000 in a seed funding round led by Weh Ventures with participation from Nithin Kamath’s Rainmatter, Kolte Patil Family Office, Ankit Kedia of Capital A and Gaurav Thakkar of Rockstud Capital
18/10/2022

BNPL Startup Snapmint Raises USD 21 Million Debt & Equity Funding

Mumbai-based fintech startup Snapmint has raised USD 21 Million in a mix of equity and debt. The equity round was led by Prashasta Seth, CEO and CIO of Prudent Investment Managers, while it also saw participation from both existing and new investors like Kae Capital, 9 Unicorns, Anicut Capital, and […]
18/10/2022

Shopr.TV Gets Funding From BEENEXT, Kunal Shah For Its Live Commerce Platform

Live-commerce startup Shopr.TV has raised USD 1.7 Million seed funding from institutional investors, including BEENEXT, Y-Combinator, Locus Ventures, Shiprocket, Goodwater Capital, and more. Additionally, angel investors such as CRED’s Kunal Shah, Groww’s Lalit Keshre, Afore Capital’s Venky Karnam have also participated in the round.
18/10/2022

Investmint Bags Funding From Nexus For Its Signal Based DIY Trading App

Signal-based trading and investment startup Investmint have raised USD 2 Million in its seed funding round led by Nexus Venture Partners. The startup plans to use the fresh funding to expand its product, engineering, and quantitative research teams
18/10/2022

OhLocal has secured an pre-seed funding from a host of marquee angel investors and venture capital funds

Gurugram-based e-commerce marketplace OhLocal has secured an undisclosed amount of pre-seed funding from a host of marquee angel investors and venture capital funds. Some of the investors who participated in the round included Sunil Kumar Singhvi from JITO Angel Network, Harish Menon, Puneet Verma, Partner at Aquilo LLP and Sahil […]
18/10/2022

Workruit has secured pre-Series A funding of USD 500,000

StoryTech Pvt Ltd, which runs artificial intelligence-backed recruitment startup Workruit has secured pre-Series A funding of USD 500,000 from the US-based family office of Kantamaneni. The firm plans to use the fresh funds to scale its product, expand operations and boost customer acquisition.
18/10/2022

V-Mart Retail Acquire Tiger Global-Backed LimeRoad

Mumbai-listed value retail chain V-Mart Retail Ltd has signed a definitive agreement to acquire LimeRoad, a social commerce platform, in what is also likely another distressed transaction in the consumer facing category. Through the transaction both the parties will leverage each other’s strength to deliver emerging fashion trends to atleast […]
18/10/2022

Kilde Backs Fashion Trade Startup Reevoy In USD 6 Million Debt Round

Fashion trade platform Reevoy Limited has secured INR 48 Cr from Singapore-based private debt investment firm Kilde in a fresh capital raise. The Mumbai-based startup plans to use the fresh funds to boost its invoice financing arm as well as to expand operations and offerings across segments.
18/10/2022

SphitiCap, Venture Catalysts, Others Invest USD 5 Million In Eyewear Brand ClearDekho

Eyewear retailer ClearDekho has raised USD 5 Million in a Series A funding round co-led by early-stage fund SphitiCap and Venture Catalysts. The round also saw participation from Dholakia Ventures, NB Ventures, Estrela Ventures and Cornerstone, among others.
17/10/2022

Faad Network Launches Early-Stage Startup Accelerator

Angel network Faad Network has launched an accelerator program to mentor early-stage startups so that they receive further seed funding. The network will invest INR 25 Lakhs each in five startups during the first cohort, focused on fintech firms, with certain companies receiving further investment.
17/10/2022

Avataar’s New Fund To Back B2B, SaaS Startups

Avataar Venture Partners has launched a new venture capital fund with a target corpus of USD 350 Million The fund will invest in 12-15 growth-stage startups that operate on business-to-business (B2B) and software-as-a-service (SaaS) models.
17/10/2022

Beams Fintech Fund Joins Progcap As New Investor In USD 50 Million Round

Venture Catalysts’ floated Beams Fintech Fund invested in Progcap i.e. an SME-focused financing provider in its ongoing Series C round of USD 50 Million. The round also saw participation from existing investors including Google, Tiger Global, Creation Investments and Sequoia Capital, with participation from GrowX, CIBIL Chairman MV Nair and […]
17/10/2022

Alteria Capital Hits First Close Of Third Venture Debt Fund

Alteria Capital, the biggest venture debt fund in India, has announced the first close of its third fund at INR 1,000 Cr.The fund will back early and growth-stage startups, which have raised funding to provide a range of specialty debt solutions and offer cheque sizes of up to INR 150 […]
14/10/2022

WeWork India Invests In Bengaluru-Based Zoapi To Enhance Hybrid Work Experience

Coworking space provider WeWork India announced its first investment in Bengaluru-based conferencing and collaboration platform Zoapi. Through this, WeWork India continues to reinforce its commitment to offering innovative and immersive solutions across different spheres by scaling up platforms like Zoapi
14/10/2022

Vedantu Acquires Test Prep Platform Deeksha For USD 40 Million To Strengthen Offline Presence

Edtech unicorn Vedantu has acquired a majority stake in Karnataka-based test preparation platform Deeksha (Ace Creative Learning) for USD 40 Million to further strengthen its offline presence. Through this partnership, Vedantu is looking to leverage its technology and integrate it into offline centres to create a scalable hybrid model, especially […]
14/10/2022

Terra Food Co has raised USD 1 Million by Faad network

Cloud kitchen start-up Terra Food Co has raised USD 1 Million led by Faad network with participation from LV, IPJ (Japanese Angel Network), Chennai Angels, Agility Ventures and angel investors. TFC will be using the fresh funds to deploy in business expansions, increasing portfolios of brands, building innovative food technology, […]
14/10/2022

Catalysts Group invested in the health-focused D2C brand WickedGud.

Incubator and early-stage investment platform Venture Catalysts Group invested an undisclosed sum in the health-focused direct-to-consumer (D2C) brand WickedGud. The round also saw participation from investors such as Bunty Sajdeh (Cornerstone Sport Entertainment Pvt. Ltd); Sahil Gilani (Gits Foods); Binoy Khimji (UBR Capital), and others.
14/10/2022

Supernova has raised USD 1.1 Million led by gaming-focused venture fund Lumikai

Gaming-focused edtech startup Supernova has raised USD 1.1 Million led by gaming-focused venture fund Lumikai. The round also saw participation from Kae Capital, All In Capital, Goodwater Capital and strategic angel investors like Nandan Reddy and Phani Kishan; Founders of Swiggy, Nitin Gupta: Founder of PayU and Uni, Prashan Aggarwal: […]
14/10/2022

Delta Corp-Backed Three Wheels United Enters Two-Wheeler EV Financing

Electric vehicle financing startup, Three Wheels United has marked its foray into the EV two-wheeler financing space with an aim to fund 2,000 electric two-wheelers over the next six months across Karnataka and Delhi-NCR. The new move comes five months after Three Wheels United raised USD 10 Million as a […]
13/10/2022

Tiger Global, Blume, Others Invest In Vecmocon

Deeptech electric vehicle (EV) startup Vecmocon Technologies has secured USD 5.2 Million in a pre-Series A funding round from Tiger Global and Blume Ventures, with participation from a host of strategic angel investors.
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