10/10/2022

Video Aggregator Flickstree Snags Series B Funding

Mumbai-based digital video curation startup Flickstree has raised USD 5 Million as a part of its pre-Series B funding round led by Venture Catalysts. The platform plans to deploy the fresh capital for global expansion, with scaling up its product and technology.
10/10/2022

Saama Capital, Twin Ventures Bet On Legal Tech Firm Oddr

Legal tech startup Oddr has raised seed funding of USD 2 Million co-led by Saama Capital and Twin Ventures. The round also saw participation from angel investors from the US, Singapore and Germany.
07/10/2022

HROne Secures Funding To Help Businesses Automate HR Operations

HRtech startup HROne has raised USD 4 Million in a Series A funding round led by Insitor Partners. Prudent Investment Managers has also participated in the funding round. HROne will use the funds to build its tech platform and expand into new as well as existing markets
07/10/2022

RattanIndia Acquires Micromax Cofounder’s EV Startup Revolt Motors

RattanIndia Enterprises, a flagship company of RattanIndia Group has acquired 100% stakes in electric vehicle manufacturer startup Revolt Motors for an undisclosed amount. RattanIndia had earlier acquired 33.84% shares in Revolt along with an option of increasing its shareholdings in the startup
07/10/2022

Tiger Global Targets USD 6 Billion Fund; To Invest In Enterprise Themes & In India

US-based venture capital firm Tiger Global Management is targeting USD 6 Billion for its next venture fund. The 15th vehicle of the Private Investment Partners Fund called PIP Fund 16 will be India focused and will invest largely in enterprise themes
07/10/2022

Shell-Backed Orb Energy Raises USD 20 Million

Shell Plc-backed integrated solar energy solutions provider Orb Energy announced raising about USD 20 Million in a follow-on funding round from the US International Development Finance Corporation (DFC). The company has received the first tranche of the loan, amounting to USD 10 Million.
07/10/2022

ResultsCX Acquires Bulgaria’s 60K To Expand Europe, UK Ops

In a bid to expand its operations in the UK and Europe, customer experience management (CXM) firm ResultsCX announced the acquisition of Bulgaria-based CXM player 60K for an undisclosed amount. The company also opened its European region headquarters in London.
07/10/2022

Citi Ventures, Accel Invest In Digital Asset Manager Xalts

Citi Ventures and venture capital firm Accel announced an investment of USD 6 Million in xalts, an institution-focused digital asset management and technology firm founded by former HSBC and Meta executives. Following this investment, xalts plans to develop fund-based products including mutual funds or exchange-traded funds listed on global exchanges, […]
07/10/2022

Vanity Wagon Raises Fresh Funding In Round Led By Agility Venture

Clean beauty marketplace Vanity Wagon raised USD 2 million in a pre-Series A round, led by Agility Ventures Partners and Lotus Herbals. The round also saw participation from Inflection Point Ventures, Venture Catalysts, and some high net-worth individuals (HNIs)
06/10/2022

IPO-Bound Ecom Express Raises USD 39 Million From Warburg Pincus, Partners Group

IPO-bound logistics startup Ecom Express has raised USD 39 Million in funding from Warburg Pincus, CDC Group and Partners Group. The fresh round was led by PG Esmeralda Pte Ltd, which infused USD 29 Million
06/10/2022

Home healthcare startup Humors Tech raised INR 54 Lakhs in a pre-seed funding round led by We Founder Circle

Home healthcare startup Humors Tech raised INR 54 Lakhs in a pre-seed funding round led by We Founder Circle. The Bangalore-based healthtech startup plans to use the funds, raised through EvolveX, a global accelerator programme run by We Founder Circle
06/10/2022

BimaKavach has raised USD 2 Million in a seed funding round led by WaterBridge Ventures

Indore-based business insure-tech startup BimaKavach has raised USD 2 Million in a seed funding round led by WaterBridge Ventures, along with investments from Blume Ventures, Arali Ventures, and Eximius Ventures. The startup plans to utilize these funds to invest in its proprietary risk management technology, design new-age business risk covers […]
06/10/2022

Amazon Makes First Venture Fund Bets With USD 150 Million For Underrepresented Founders

Amazon.com Inc is investing in outside venture capital funds for the first time. The online retailer said it is aiming to put money into more than 10 funds supporting some 200 companies at or before the seed stage of investment, through 2023. It is focused on Black, Latino, female, Indigenous […]
06/10/2022

Miko Acquires Majority Stake In AI Gaming Startup

Miko, an AI robot maker for kids acquired a 70% stake in gaming platform Square Off for an undisclosed sum. The acquisition will allow a complete exit for Square Off’s existing investors; however, the startup’s leadership is expected to stay onboard post the acquisition
06/10/2022

Real Time Angel Fund Launches INR 100 Cr Fund

Early-stage investor Real Time Angel Fund (RTAF) announced the launch of its INR 100 Cr fund. The fund will invest in pre-seed to pre-series startups with a ticket size of INR 1 Cr per startup over the next five years.
06/10/2022

Waaree Engineers Raises INR 1,000 Cr

Solar panel manufacturer Waaree Energies Ltd has raised nearly INR 1,000 Cr from high net-worth individuals and family offices to expand production capacity for solar modules and foray into solar cell manufacturing
06/10/2022

SphitiCap Launches Maiden Early-Stage Fund

Sector-agnostic early-stage fund SphitiCap on Tuesday launched its maiden venture fund with an aim to raise a corpus of around USD 500 Million, targeting enterprises focused on sustainability, growth and impact.
04/10/2022

Bessemer Leads Seed Round In SaaS Startup Zenskar

SaaS startup Zenskar has raised USD 3.5 Million in a seed funding round led by Bessemer Venture Partners, with participation from Shine Capital, Basecamp Fund and Converge. The New York and Bengaluru-based startup will use the funds to invest in engineering talent, accelerate product development and advance their go-to-market initiatives.
04/10/2022

GIC leads USD 27 Million round in Euler Motors

Electric vehicle startup Euler motors raised USD 27 Million led by Caladium Investments (GIC Ventures). Following the investment, Caladium Investments holds 14.83% of Euler while existing investors QRG Investments command 7.70%.
03/10/2022

Aarav Solutions Acquires AI Startup Froot Research For USD 4 Million

Ahmedabad-based IT company Aarav Solutions has acquired AI startup Froot Research for USD 4 Million. With this acquisition, Aarav will expand in the AI space and also launch AI-related products and platforms. The acquisition will further help Aarav tap into deep research-based work done by IITs, NITs and MIT, and […]
03/10/2022

Crypto-Native Banking Platform Juno Raises USD 18 Million To Launch Tokenised Loyalty Programme

Bengaluru-based crypto-native banking platform Juno has raised USD 18 Million in a Series A funding round led by ParaFi Capital’s Growth Fund. Hashed, Jump Crypto, Uncorrelated Fund, Greycroft, Mithril, Antler Global, 6th Man Ventures and Abstract Ventures also participated in the funding round as well.
03/10/2022

Mufin Green Finance Raises Series A Funding

Listed non-banking financial company (NBFC) Mufin Green Finance has raised INR 45 Cr in a Series A funding round from Incofin India Progress Fund (IPF). Company is planning to disburse income-generating loans worth INR 5,000 Cr in the next 5 years
03/10/2022

Hummingbird Ventures Leads Seed Funding Round In Vance

Cross-border neobanking platform Vance has raised USD 5.8 Million in a seed funding round led by Hummingbird Ventures. The round also saw participation from Global Founders Capital, YCombinator, Soma Capital and seasoned angels such as Alan Rutledge and Gokul Rajaram.
03/10/2022

Listed U Gro Capital Raises Funding Via ECB Route

Listed-fintech lending platform U Gro Capital Ltd has raised USD 5 Million via external commercial borrowings (ECB) from Liechtenstein-based EMF Microfinance Fund, AgmvK. U Gro Capital plans to use the funds to extend credit to underserved business sections, the company said in a release.
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