Date | Title | Description |
23.07.2024 | Exclusive: Education finance firm Auxilo raises $12 Mn more in debt | Education-focused non-banking financial corporation (NBFC) Auxilo has secured Rs 100 crore (approximately $12 million) in a debt financing round.
The board at Auxilo has issued non-convertible debentures (NCDs) at an issue price of Rs 1,00,... |
20.05.2024 | Propelld's Edgro Secures $25 Million in Debt Funding to Revolutionize Education Finance Expansion | Propelld, a pioneering education-focused lending platform, has recently made waves in the financial sector by successfully securing a substantial $25 million in debt funding for its NBFC subsidiary, Edgro. This significant funding milestone... |
17.05.2024 | Propelld raises $25 Mn debt for NBFC arm Edgro | Propelld, an education-focused lending platform, has secured $25 million debt funding for its wholly-owned NBFC subsidiary Edgro.
Edgro has raised the amount from nine lenders such as Credit Saison India Private Limited, AU Small Finance Ba... |
19.03.2024 | Engrail Therapeutics raises $157M Series B | Engrail Therapeutics, a precision neuroscience company focused on the development of transformational therapies to improve the lives of patients, today announced that it has closed an oversubscribed $157 million Series B financing round.
Th... |
05.03.2024 | Lending company mPokket raises $60 Mn debt from BPEA Credit | Digital lending platform mPokket has raised Rs 500 crore (approximately $60 million) in debt capital from private credit platform of BPEA Credit, the credit arm of Baring Private Equity Asia.
The company last raised $2.24 million in funding... |
21.02.2024 | IndiaMart-backed EasyEcom’s revenue grows 65% in FY23, losses balloon 18X | Saas-based ecommerce enablement solutions provider EasyEcom has continued its growth journey as its operating scale grew by 64.5% in FY23. However, its losses surged over 18X in the same period.
EasyEcom’s revenue from operations grew to Rs... |
20.12.2023 | Plasmagen Biosciences raises 225 crores | Our partner company, Plasmagen Biosciences, a biopharmaceutical company focused on blood plasma-derived pharmaceutical products for India and emerging markets, has raised INR 225 crores, led by UK based Artian Investments, prominent public ... |
13.08.2023 | Обзор технологических стартапов в образовании за последнюю неделю | Субраманиан Вишванатан и Кулджит Чадха, соучредители Disprz
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В порядке возрастания раскрытых привлеченных инвестиций.
OILA
Образовательное пр... |
23.07.2023 | Обзор технологических стартапов в образовании за последнюю неделю | Соучредители Preply: Сергей Лукьянов (руководитель отдела дизайна), Дмитрий Волошин (технический директор) и Кирилл Бигай (генеральный директор)
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Что стало известно об инвестировании в стартапы EdTech за прошедшую... |
12.07.2023 | Indian micro VC eyes $24.3m for pre-series A investments | NewsStartups
Shadine Taufik · 12 Jul 2023 · 2 min readIndian micro VC eyes $24.3m for pre-series A investments
Photo credit: Rudra Narayan Mitra / Shutterstock
CapFort Ventures, an India-based micro VC firm, is raising 2 billion rupees (US$... |
10.07.2023 | Byju's: The Rise and Fall of India's Valued Start-up | Fei Ruby, Tech Times 10 July 2023, 04:07 pm
Due to operational and financial problems, Byju's, a once highly valued edtech start-up, has gone under a severe decline. According to experts, this is a necessary adjustment to the Indian startup... |
09.06.2023 | Eupheus Learning scales 3X during FY22, losses shrink 35% | B2B edtech firm Eupheus Learning made a comeback with a three-fold growth in scale in FY22 after recording a dip in the previous fiscal year owing to the pandemic-driven restrictions. The Delhi-based startup also managed to control losses b... |
24.05.2023 | Laced, a UK-based resale marketplace for authenticated premium sneakers, raises $12M | The $79 billion sneakers (or “trainers,” for our U.K. readers) industry has spawned a lucrative resale market, expected to hit $30 billion by the end of the decade — up from $5 billion in 2020. Some have even called sneakers an alternative ... |
28.04.2023 | Cervin Q1 2023 Newsletter | Venture capital activity continues its decline in 2023
Venture capital funding, led by a decline in late stage funding, continued its slowdown that began in 2022. Only 19 late stage mega-rounds occurred in Q1 2023 - compared with 98 in Q1 2... |
03.04.2023 | Обзор технологических стартапов в образовании за последнюю неделю | Основатели Upgrade: Mayank Kumar, Falguna Kommepalli, Ravijot Chugh, Ronnie Screwvala, Tammy Sons
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Что стало известно об инвестировании в стартапы EdTech за прошедшую неделю
В порядке возрастания привлеченных инве... |
29.03.2023 | UpGrad raises Rs 300 Cr from existing backers | Edtech platform upGard has announced that it has raised Rs 300 crore via right issue from Temasek and Ronnie Screwvala among others. This is the first fundraise of the Mumbai-based unicorn in 2023.
upGrad co-founder and chairperson Screwval... |
24.03.2023 | Blow to startups as angel tax to come into effect from April 1, 2024 | The Indian government has proceeded with the changes to the so-called angel tax, which may have a big impact on the Indian startup ecosystem.
Centre on Thursday presented the Finance Bill 2023 in Lok Sabha that makes it
“applicable to share... |
19.03.2023 | Made at Intel. Acquisitions -3 | Сегодня у нас на очереди третья заключительная часть повествования о приобретениях Интел (начало – здесь и здесь). Я сразу оговаривался о том, что вряд ли смогу осветить всю M&A активность, поэтому сфокусируюсь на наиболее знаковых и па... |
19.03.2023 | Made at Intel. Acquisitions -3 | Часть 1 >> Часть 2 >> Часть 3 >> Часть 4 >> Часть 5 >> Часть 6 >> Часть 7 >> Часть 8 >> Часть 9 >> Часть 10 >> Часть 11 >> Часть 12 >> Часть 13 >> Часть 14 >&g... |
17.03.2023 | ACKO Acquires Digital Health Platform Parentlane To Expand Beyond Core Insurance Offerings | Founded in 2015, Parentlane provides young millennial parents with healthcare solutions from preconception to early childhood development phase
The insurtech unicorn said that the deal would help it in building a digital healthcare ecosyste... |
09.03.2023 | The Week in AgriFoodTech: Chromologics raises $7.5m, Next Gen Foods dabbles in alt-dairy, Amazon shutters Go stores | This week in foodtech, natural food color company Chromologics raised seed funding and Singapore’s Next Gen Foods acquired an alt-dairy startup. Agtech funding was all about ecosystem restoration projects, while down in Australia, a cultiva... |
21.02.2023 | Mintoak raises $20 Mn in Series A led by PayPal Ventures | Mintoak, a software-as-a-service (SaaS) platform focused on merchant services, has raised $20 million in a Series A funding round led by PayPal Ventures with participation from British International Investment, HDFC Bank, Pravega Ventures, ... |
15.02.2023 | India adds over 1,300 tech startups in 2022: Nasscom | Priyal Mahtta 15 Feb, 2023
Even as India retained its position as the third largest technology-driven startup ecosystem globally, the number of new tech startups were 40% lower in 2022, against those founded in 2021. Last year, India added ... |
13.02.2023 | Garuda Aerospace raises $22 mn in Series A round | K Amoghavarsha 13 Feb, 2023
Drone maker Garuda Aerospace has raised $22 million (around Rs 182 crore) in a Series A round, led by early-stage venture capital company SphitiCap.
The round - that also saw participation from other global inves... |
06.02.2023 | FireCompass Raises $7M in Funding | The round was led by Silicon Valley-based Cervin and Athera Venture Partners (previously Inventus Capital) along with existing investor BIF (Bharat Innovation Fund). The investment will be used to expand FireCompass' operations across U.S. ... |
02.02.2023 | Crop health company Enko raises $80 million | Enko, the crop health company, announced that it has raised additional funding from our Eight Roads Ventures China and India teams, Nufarm, Endeavor8, and Akroyd LLC. This raise, brings the company's overall capital raised to date to $150 m... |
25.01.2023 | 'APAC's cybersecurity M&As dropped last year on market volatility, other woes' | Priyal Mahtta 25 Jan, 2023
Consolidation activity in Asia-Pacific's cybersecurity market dipped 12% year-on-year in 2022, mainly dragged by global market volatility and looming fears of a recession, a report by GlobalData has said.
Last yea... |
24.01.2023 | Обзор технологических стартапов в образовании за последние две недели | Основатели Hack The Box (слева направо) Джеймс Хукер, Харис Пиларинос и Арис Зикопулос | Фото Hack The Box
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Что стало известно об инвестировании в стартапы EdTech за прошедшие две недели
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24.01.2023 | Bowled.Io taps Harsha Bhogle as strategic investor | K. Amoghavarsha 24 Jan, 2023
Fanengage Pvt Ltd, which runs play-to-earn gaming platform Bowled.io, on Tuesday said it has roped in cricket commentator Harsha Bhogle as a strategic investor to the company.
Bhogle will lead Bowled.io’s think ... |
24.01.2023 | Tiger Global, Mubadala-backed unicorn Innovaccer fires 15% staff | Priyal Mahtta Aman Rawat 24 Jan, 2023
Healthtech startup Innovaccer Inc, on Tuesday said it has laid off 245 employees or about 15% of its workforce, becoming the latest entity in a long list of Indian companies that are slashing their head... |
23.01.2023 | InMobi fires nearly 3% staff | Priyal Mahtta 23 Jan, 2023
Advertising technology platform InMobi, which operates business-to-consumer (B2C) service Glance, has laid off nearly 3% of its 2,600-strong workforce amounting to around 50-70 employees.
The layoffs, as per a sta... |
23.01.2023 | Zomato says Instant not shutting down, but rebranding on the cards | Zomato has turned down a report that claimed that it was shutting down its 10-minute food delivery service, Zomato Instant.
The company, however, added that it was rebranding the business and that no people were affected by the move.
“Insta... |
20.01.2023 | Swiggy lays off 380 employees | Priyal Mahtta 20 Jan, 2023
Food and grocery delivery aggregator Swiggy has laid off 380 employees or nearly 6% of its 6,000-strong staff, becoming the latest entity to join the flurry of layoffs in India’s startup ecosystem.
Tech firms acro... |
16.01.2023 | Google-backed ShareChat lays off 20% staff | Anuj Suvarna Gaurav Laghate 16 Jan, 2023
Google and Temasek-backed Mohalla Tech Pvt. Ltd, which runs social media platform ShareChat and short video platform Moj, said on Monday that it had laid off around 20% of its employees due to "... |
16.01.2023 | Google-backed Dunzo fires 3% staff | Aman Rawat 16 Jan, 2023
Google-backed delivery platform Dunzo has laid off 3% of its workforce last week citing restructuring, joining the long list of Indian startups that have recently trimmed their headcount to cut costs.
According to Li... |
14.01.2023 | Ola terminates staff as part of “restructuring process” | Ola Cabs, a taxi aggregator with offices in Bengaluru, has terminated the employment of several of its staff as part of a “restructuring exercise”.
The number of employees who were impacted by the transfer was not disclosed by the firm.
Acc... |
12.01.2023 | G.O.A.T Brand Labs acquires five D2C brands including Chumbak | E-commerce roll up G.O.A.T Brand Labs has acquired five D2C brands, including home and lifestyle brand Chumbak. With these acquisitions, the size of G.O.A.T Brand Labs’ portfolio reaches 20.
Last year G.O.A.T Brand Labs had acquired multipl... |
11.01.2023 | Investment in crypto companies drops by 42% in 2022 | K. Amoghavarsha 11 Jan, 2023
Investments in cryptocurrency companies fell 42.5% to $21.26 billion year-on-year, amid bearish market conditions, a report by CoinGecko has said. However, the cumulative fund raised was still higher than the to... |
05.01.2023 | Eight VC Funding Tips For Digital Health And Wellness Startups | Jeff Yasuda is the CEO and cofounder of Feed Media Group, which powers music for apps and websites. |
05.01.2023 | Indian startups take 5 years to scale from 0 to $100 mn: Report | Aman Rawat 5 Jan, 2023
With India’s startup ecosystem maturing since the last decade, the time taken by new-age tech companies to reach $100 million revenue has reduced significantly, says a new study.
The findings by consultancy firm Redse... |
04.01.2023 | Shark Tank India judges Peyush Bansal and Aman Gupta invest in Hoovu Fresh - Here’s all about this floral startup | Hoovu Fresh featured on the premiere episode of Shark Tank India S2 and received an offer from Sharks Peyush Bansal (co-founder Lenskart) and Aman Gupta (co-founder boAt).
The Bengaluru-based startup received pre-Series A funding of ₹6.45 c... |
27.12.2022 | Gig workers' pay improves, flexibility is hard to come by: Report | K. Amoghavarsha 27 Dec, 2022
Gig workers are seeing improvement in terms of fair pay but work flexibility in gig economy comes at a cost, a report has said.
According to a report by Fairwork India, while some gig platforms are paying minimu... |
25.12.2022 | Обзор технологических стартапов в образовании за последнюю неделю | Правин Агарвала и Саураб Тандан, соучредители BetterPlace
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Что стало известно об инвестировании в стартапы EdTech за прошедшую неделю
В порядке возрастания привлеченных инвестиций.
Bigyellowfish
Платформа для сотрудн... |
23.12.2022 | IPO-bound PhonePe concludes separation from Flipkart | Aman Rawat 23 Dec, 2022
Walmart-owned Flipkart and digital payments platform PhonePe, on Friday announced the full ownership separation of PhonePe as the company gears up for its initial public offering (IPO) plans. Walmart will continue to... |
19.12.2022 | YouTube in process of launching new education, healthcare products | K. Amoghavarsha 19 Dec, 2022
Online audio-visual content platform YouTube has announced new features to fetch more healthcare-based and educational content from creators.
It plans on launching an AI-enabled solution, Aloud, that will allow ... |
02.12.2022 | ShareChat shuts down Jeet11, fires 5% workforce | Priyal Mahtta 2 Dec, 2022
Google and Temasek-backed Mohalla Tech Pvt. Ltd, which runs social media platform ShareChat and short video platform Moj, on Friday announced the closure of its fantasy gaming platform Jeet11, thus, laying off abou... |
29.11.2022 | Kotak Alternatives arm launches maiden data centre fund, aims to raise up to $1 bn | Beena Parmar 29 Nov, 2022
Kotak Alternate Assets, managed by Kotak Investment Advisors Limited (KIAL) has announced Kotak Data Centre Fund to bet big on data-backed digital economy, enterprise cloud, 5G and IoT (internet of things).
The Kot... |
18.11.2022 | Zepto Incurs INR 390 Cr Loss In First Year Of Operations; FY22 Sales At INR 141 Cr | Zepto spent INR 175.5 Cr on advertisement and promotional expenses in FY22, almost 33% of its total expenses
Zepto’s last valuation of $900 Mn is 48X times of its total revenue in FY22
Zepto spent INR 3.7 to earn a single rupee in FY22
Mumb... |
14.11.2022 | Fintech SaaS startup Lentra bags $60 Mn from Bessemer, SIG and Citi Ventures | Pune-based fintech SaaS startup Lentra has scooped up $60 million in a Series B round led by existing investors Bessemer Venture Partners and the Susquehanna International Group (SIG) Venture Capital. Citi Ventures, a subsidiary of the New ... |
07.11.2022 | Meta likely to begin large-scale layoffs this week: Report | Sohini Bagchi 7 Nov, 2022
Facebook parent Meta Platforms is reportedly planning to start large-scale layoffs this week that is likely to affect thousands of employees.
A report by the Wall Street Journal said that Meta plans to lay off empl... |
06.11.2022 | Обзор технологических стартапов в образовании за последнюю неделю | Севетри Уилсон, основатель Resilia
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Что стало известно об инвестировании в стартапы EdTech за прошедшую неделю
В порядке возрастания привлеченных инвестиций
Ruba
Обеспечивает ежемесячную плату за обучение, универсаль... |
03.11.2022 | 'Indian gaming industry may rack up $513 mn by CY22 end' | Shubhobrota Dev Roy 3 Nov, 2022
Indian gaming industry is in the process to raise $513 million (around Rs 4,000 crore) by the end of this calendar year, according to a report.
The sector has witnessed a funding jump of 380% from 2019 and by... |
31.10.2022 | Former Krafton exec joins JetSynthesys’ gaming vertical | Shubhobrota Dev Roy 31 Oct, 2022
Gaming firm JetSynthesys Pvt. Ltd on Monday said it has roped in former Krafton India’s senior executive Anuj Tandon as the chief executive officer of its gaming vertical.
“With its strongest play in gaming ... |
27.10.2022 | The Week in Agrifoodtech: Trigo’s $100m, Dutch gov’t backs cultivated meat, Bill Gates wants to decarbonize rice | This week, foodtech startup Trigo landed funds for its automated checkout system that lets shoppers purchase goods without waiting for a cashier. The Dutch government is allocating new funds to cultivated meat initiatives, and Bill Gates an... |
13.10.2022 | Agritech firm DeHaat taps SAP to improve decision making | Sohini Bagchi 13 Oct, 2022
German software company, SAP, has collaborated with Patna-headquartered agritech startup DeHaat, in which the latter will utilise a single integrated cloud platform- RISE With SAP, a subscription-based service tha... |
05.10.2022 | Miko acquires majority stake in AI gaming startup | Priyal Mahtta 5 Oct, 2022
Miko, an AI robot maker for kids, on Wednesday 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... |
29.09.2022 | JetSynthesys makes first meta bet; earmarks $50 mn to invest in next three years | Shubhobrota Dev Roy 29 Sep, 2022
Gaming firm JetSynthesys Pvt Ltd has bought Bengaluru-based Web3 product studio Metaphy Labs for an undisclosed amount, marking its first acquisition in the metaverse.
Speaking to VCCircle, Rajan Navani, Fou... |
23.09.2022 | Early Stage VC Leo Capital Marks First Close Of Third Fund | Singapore-based Leo Capital’s SEC filing reveals that the firm has made an offering of $125 Mn towards its third fund
“We are still raising funds,” a company spokesperson said, indicating that this is an ongoing raise
Leo Capital’s cofounde... |
22.09.2022 | The Week in Agrifoodtech: Swiftly bags $100m for grocery tech, Pano’s $20m to fight wildfires with AI | This week, retail and grocery tech startup Swiftly bagged a mega-round while front-of-house restaurant software startup Zenchef cooked up new financing to expand its presence. In agtech, Pano raised funds to fight wildfires with AI and Land... |
19.09.2022 | Harappa makes key hires to boost growth | Shubhobrota Dev Roy 19 Sep, 2022
Harappa, an online learning platform focused on behavioural, social and cognitive skilling, on Monday said it has made three appointments to fuel its business growth strategy.
The New Delhi-based company, wh... |
15.09.2022 | The Week in Agrifoodtech: PepsiCo. & ADM partner on regen ag, Biden bets on cultivated meat | This week, PepsiCo. and ADM made a major announcement that could boost regenerative agriculture practices in the US, while President Biden signed an executive order impacting cultivated meat. France’s Capagro launched a $200 million agrifoo... |
08.09.2022 | Digital currency to be launched as pilot project this year: RBI Deputy Governor | Sohini Bagchi 8 Sep, 2022
Reserve Bank of India's (RBI) Deputy Governor T. Rabi Sankar has confirmed that the central bank will launch its digital currency, Central Bank Digital Currency (CBDC), as a pilot project this year.
Addressing the ... |
08.09.2022 | Decoding Akshayakalpa Organic’s $15 Mn Series B round | Organic dairy startup Akshayakalpa Organic has raised $15 million in its Series B round from British International Investment, Rainmatter Foundation, and its existing investor Venture Dairy. The new round has come after three years for the ... |
06.09.2022 | Reliance Industries picks up majority stake in VC-backed SenseHawk | Debjyoti Roy 6 Sep, 2022
Billionaire Mukesh Ambani-led Reliance Industries Ltd on Tuesday announced that it has signed definitive agreements to acquire a majority stake in solar software startup SenseHawk Inc for a total transaction value o... |
02.09.2022 | Healthtech startup Innovaccer lets go around 100 employees | Shubhobrota Dev Roy 2 Sep, 2022
Healthtech unicorn Innovaccer, backed by Tiger Global Management and Mubadala Capital, has asked its nearly 100 employees to resign amid financial troubles within the company, two people close to the developm... |
01.09.2022 | Rezo.AI expands services to 10 Indian languages targeting 260m rural users | Team TC 1 Sep, 2022
Artificial Intelligence (AI)-powered customer contact centre Rezo.AI has expanded its services to 10 Indian languages. So far, it was availing services only in English, now its portfolio includes Hindi, Hinglish, Punjabi... |
19.08.2022 | With high one-time expenses, Dunzo Daily lost Rs 230 per order in H1 2022 | The first half of 2022 has been an expensive several months for Dunzo. The hyperlocal quick delivery startup burnt (EBITDA loss) over Rs 176 crore in June, according to an internally shared slideshow last month. Entrackr has seen a copy.
Th... |
18.08.2022 | The Week in Agrifoodtech: Oatside secures $65m for Singapore’s first oat milk, input supplier iProcure scores $10m | Singapore’s first-ever oat milk brand Oatside made headlines this week with news of its sizable Series A round while iProduce landed funds to expand its input distribution tech across Africa. Fashion designer Stella McCartney is helping lau... |
09.08.2022 | SquadStack scores $17.5 Mn from Bertelsmann, Chiratae and Blume | SquadStack, a SaaS-enabled talent marketplace for sales, has raised $17.5 million in a round led by Bertelsmann India Investments, along with existing investors Chiratae Ventures and Blume Ventures.
With the new fundraise, SquadStack aims t... |
09.08.2022 | CoinSwitch launches new fund to incubate early-stage startups | Anuj Suvarna 9 Aug, 2022
Crypto trading platform CoinSwitch has announced a “Web3 Discovery Fund” to incubate and invest in early-stage blockchain startups, the company said on Tuesday.
The fund will curate portfolio startups and provide si... |
08.08.2022 | Biotech Startup Eyestem Raises $6.4 Mn To Build Cell Therapy Products | The round was led by Biological E. Ltd, Alkem, NATCO, Anurag Bagaria and Karan Bagaria from Kemwell Biopharma
Eyestem will use the capital to solidify its cell therapy platform and conduct early clinical trials of its patented product
Its p... |
01.08.2022 | Insitor Partners leads Cambodian agritech startup’s pre-series A round | InvestmentsNewsStartups
Thao Lam La · 1d ago · 2 min readInsitor Partners leads Cambodian agritech startup’s pre-series A round
Azaylla, a Cambodia-based agritech startup, has raised an undisclosed amount of pre-series A money from Insitor ... |
29.07.2022 | SoftBank-backed Ola to hand more pink slips citing restructuring | Shubhobrota Dev Roy 29 Jul, 2022
Cab aggregator Ola is in the process of cutting more jobs even as it has scaled its hiring spree across the electric mobility business, two people aware of the development told VCCircle.
According to one of ... |
26.07.2022 | Biz2Credit Announces ESOPs Worth $12.25 Mn For 500+ Indian Employees | The ESOP monetisation scheme will cover the entire Indian workforce of the digital lending platform
The ESOP plan reflects our company's priorities and balances key financial measures with individual performance and tenure considerations: C... |
22.07.2022 | upGrad acquires Harappa Education for Rs 300 Cr | Higher education platform upGrad announced that it has acquired online learning institution Harappa Education for Rs 300 crore or $38 million in a cash and stock deal.
This will be the 10th acquisition for Ronnie Screwvala-led upGrad in the... |
18.07.2022 | Softbank-backed Cars24 sees senior exits | Anuj Suvarna 18 Jul, 2022
Used car marketplace Cars24 Services Pvt Ltd, which is backed by investors such as Softbank, Tencent and DST Global, will see three senior executives leave over the next quarter, people aware of the matter said.
On... |
07.07.2022 | The Week in Agrifoodtech: Green Generation Fund raises $120m, Amazon takes Grubhub stake | This week, Germany’s Green Generation Fund landed more capital to invest in alt-protein startups, while Israeli foodtech firm Phytolon scored funding for its natural food coloring tech.
In the food delivery realm, Amazon bought a stake in G... |
24.06.2022 | PagarBook to buy Indonesian staff management firm | NewsStartups
Samreen Ahmad · 2d ago · 1 min readPagarBook to buy Indonesian staff management firm
PagarBook, an India-based payroll and staff management app, is set to acquire Indonesia-based Vara for US$5.6 million in an all-stock deal, En... |
23.06.2022 | The Week in Agrifoodtech: WayCool bags $40m, Rohlik raises $231m despite e-grocery woes | Indian farmer-to-business marketplace WayCool landed another round of funding this week, as did Czech e-grocery startup Rohlik. Elsewhere, France’s HappyVore secured nearly $40 million to open a facility for plant-based meat, and cereal gia... |
17.06.2022 | Sequoia, Falcon Edge, others invest $40 mn in esports firm FanClash | Shubhobrota Dev Roy 17 Jun, 2022
Fanbuff Technology India Private Limited, which runs e-sports platform FanClash, on Friday said it has raised Series B funding of $40 million (around Rs 308 crore) from Sequoia Capital India, Falcon Edge, In... |
02.06.2022 | The Week in Agrifoodtech: Synthesis Capital closes $300m foodtech fund, e-grocer Astro bags $60m | Though many “instant” grocery delivery startups are in the midst of layoffs, one company in Indonesia bagged a healthy Series B round this week.
Elsewhere, US ag robotics specialist FarmWise teased a new weeding implement along with its lat... |
28.05.2022 | Why Web3 represents a new frontier for personal data ownership | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
The idea of handing over personal data and access... |
26.05.2022 | Fintech Startup ShopSe Bags USD 6.1 Mn In Its Series-A Funding Round | ShopSe, the instant no-cost EMI digital platform, has raised $6.1 million as a part of its strategic series A funding from investors such as BeeNext, Chiratae Ventures, and White Venture Capital, a fund backed by Amrish Rau and Jitendra Gup... |
25.05.2022 | Motilal Oswal PE Has Invested Rs 85 crores In Bengaluru-based Jewellery Retailer Kushal’s | Homegrown private equity fund Motilal Oswal Private Equity (MOPE) has struck yet another consumer facing bet by committing Rs 85 crore ($11 million) in Bengaluru-based omni-channel fashion jewellery retailer Kushal’s Retail Pvt Ltd. The com... |
03.05.2022 | Lifechart secures pre-seed funding from Nazara founder | Shubhobrota Dev Roy 3 May, 2022
Healthtech platform Lifechart on Tuesday said it has secured a pre-seed funding of $200,000 from Nazara Technologies’ founder Nitish Mittersain and Expert Dojo.
The firm, which claims to be India's first digi... |
03.05.2022 | Women Focussed Social Commerce Platform Frendy Raises Funding | The round saw participation from an existing investor, the Desai Family office and Centera Fund UK
Frendy claims to have expanded in stealth mode to more than 25 cities in India with over 4,500 products
In December 2021, it secured INR 10 C... |
06.04.2022 | World Bank’s IFC To Invest USD 450 million In Cholamandalam Finance and Manappuram Finance | International Finance Corporation (IFC), the private investment arm of the World Bank, has proposed to make debt investments of up to $450 million (around Rs 3,465 crore) in two Indian non-bank lenders, Cholamandalam Investments & Finan... |
30.03.2022 | Games24x7 raises $75 Mn to enter unicorn club | Multi gaming platform Games24x7 has raised $75 million, the company announced on Wednesday. The firm develops RummyCircle, a hugely popular game that has over 30 million players, according to its website.
This round was led by Malabar Inves... |
29.03.2022 | 🇮🇳 Roundup: Lightspeed eyes more Web3 investments | BlockchainInvestmentsNews
Roehl Niño Bautista · 2d ago · 1 min read🇮🇳 Roundup: Lightspeed eyes more Web3 investments
Startups in India, including Pixxel and Classplus, have raised at least US$95.4 million in disclosed funding today from int... |
26.03.2022 | Furniture Rental Startup Furlenco Lays Off 180 Employees To Cut Losses | Bengaluru-based furniture startup Furlenco has laid off around 180 employees as it looks to cut costs. According to several employees, Inc42 spoke to, these layoffs are in line with the startup’s plans to attain profitability ahead of a pub... |
22.03.2022 | AjnaLens, Tata Technologies equips 150 ITIs in Karnataka with VR tools | Team TC 22 Mar, 2022
Extended Reality (XR) startup AjnaLens, which recently secured ₹12 crore Pre-Series A funding, has tied up with Tata Technologies to digitise 150 Industrial Training Institutes (ITIs) in Karnataka. As per the agreement,... |
21.03.2022 | Ola Electric backs Israeli battery tech firm StoreDot | Anuj Suvarna 21 Mar, 2022
Ola Electric, the electric vehicle arm of ride-sharing startup Ola Cabs, on Monday, said it has invested an undisclosed amount in Israeli battery technology company StoreDot.
Ola Electric will invest in StoreDot as... |
09.03.2022 | Tata-Owned Titan Looks To Acquire boAt Rival Noise To Expand Wearables Play | Titan Company Limited, which is a joint venture of The Tata Group and TIDCO, is looking to invest in the Indian wearable market. The company is in discussions to buy a significant stake in the Gurugram-based wearable device startup, Noise.
... |
03.03.2022 | IndiaMART Continues Investment Spree, Invests In HRTech Startup Zimyo | As part of its ongoing investment blitzkrieg, IndiaMART, has now invested INR 17 Cr in SaaS-based human resource startup, Zimyo.
The investment will enable the B2B marketplace to diversify into other domains. The investment is part of India... |
03.03.2022 | [email protected] Merges With Kitchens Centre To Be India’s Biggest Cloud Kitchen Player | In a big development, cloud kitchen startup, [email protected], has merged with Delhi-based Kitchens Centre.
The move will make the combined entity the biggest player in the space with more than 1,000 cloud kitchens spread across 20 cities.... |
16.02.2022 | Edtech Platform Eupheus Learning Has Acquired SaaS-based Startup SchoolMitra For An Undisclosed Amount | Edtech platform Eupheus Learning has acquired SaaS-based startup SchoolMitra for an undisclosed amount. This acquisition will make SchoolMitra’s 21st-century school OS accessible to 20,000+ schools of Eupheus Learning, simplifying the lives... |
11.02.2022 | Moj, MX TakaTak Will Merge To Create India’s 2nd Biggest Short Video Platform! | The deal will create India’s largest short-video platform.
ShareChat will buy OTT service MX Player’s short video app MX TakaTakin in a $600-million deal (Rs 4,500 crore – Rs 5,500 crore).
Contents
1 Deal Structure
2 About ShareChat
3 Signi... |
10.02.2022 | This Pune-Based B2B Startup Becomes Unicorn At Rs 11,000 Crore Valuation: 7th Unicorn Of 2022 | It is owned and operated by Ntex Transportation Services.
Yet another unicorn has arrived and this time it is B2B ecommerce startup ElasticRun.
The startup supplies goods to kiranas and helps them secure inventory and working capital. It al... |
07.02.2022 | MSME-focused U GRO Capital raises $18.5 mn from Swiss impact investor | Fintech platform U GRO Capital Ltd, which is focused on micro, small and medium enterprises (MSMEs), on Monday said it has raised Rs 138 crore (around $18.5 million) as its first impact-focused debt capital from Swiss firm responsAbility. T... |
03.02.2022 | PubG maker Krafton invests in Indian gaming studio Nautilus Mobile | Kaushiki Chatterjee 3 Feb, 2022
JetSynthesys-acquired mobile-focused game development studio Nautilus Mobile on Thursday said it has bagged $5.4 million (around Rs 40 crore) funding from Krafton Inc.
The Pune-based company mulls to use the ... |