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| Sep 17, 2021 | ETtech Deals Digest: Apna, Mobile Premier League enter unicorn club | ETtechIndia has minted 27 startup unicorns in 2021 so far. (Illustration: Rahul Awasthi/ETtech)
Mumbai: India’s startup ecosystem minted two new unicorns this week—one of them the youngest to enter the coveted billion-dollar valuation club.... |
| Sep 17, 2021 | Ease of investment regulations will make India a more attractive destination: Asha Jadeja | Interview with Asha Jadeja Motwani – Founder Motwani Jadeja Family Foundation
Ms. Asha Jadeja Motwani is the founder of Motwani Jadeja Family Foundation, a philanthropist, angel investor, and an NFT evangelist. She has invested in over 100 ... |
| Sep 16, 2021 | Chat app Discord raises $500 million in new funding | ReutersDiscord grew at a lightning pace during the Covid-19 pandemic and was first used by videogamers, though the app has now expanded across communities and for events ranging from comedy clubs to karaoke parties.
Bengaluru: Chat platform... |
| Sep 16, 2021 | Agritech startup BharatAgri raises $6.5 million from Omnivore, India Quotient | ET TechBharatAgri cofounders Sai Gole and Siddharth Dialani.
Mumbai:
Agritech startup
BharatAgri has raised $6.5 million in a Series A round led by agri-focused fund Omnivore. The Bengaluru-based startup intends to use this Series A funding... |
| Sep 16, 2021 | Ayu Health gets $6.3-million funding from Vertex, Stellaris and others | ETtechFounded in 2019 by Karan Gupta, Himesh Joshi and Arjit Gupta, Ayu Health has more than 20 hospitals in its network in Chandigarh and Bengaluru.
Mumbai: Ayu Health, a health-tech startup that connects hospitals, has raised $6.3 million... |
| Sep 16, 2021 | Atomberg Technologies raises undisclosed sum from Ka Enterprises | ETtechIllustration: Rahul Awasthi
Smart fan maker Atomberg Technologies has raised an undisclosed sum from Ka Enterprises, the family office of Bollywood actor Deepika Padukone, as part of its extended Series B round.
The company previously... |
| Sep 16, 2021 | Fintech startup Bright Money gets $31 million from Sequoia, others | ETtechThe team at Bright Money.
Fintech startup Bright Money has raised $31 million in series A round from Sequoia Capital India, Falcon Edge Capital and Hummingbird Ventures for an undisclosed valuation, the company announced on Thursday.
... |
| Sep 16, 2021 | Mobile Premier League becomes unicorn after lockdowns drive growth | ETtechMobile Premier League cofounders Sai Srinivas (right) and Shubham Malhotra
Mumbai: Esports and online gaming platform Mobile Premier League (
MPL) said it has raised a fresh round of funding led by Legatum Capital, a UAE-based investm... |
| Sep 16, 2021 | Bidgely raises $26 million from Moore Strategic Ventures, others | AgenciesThe SaaS (Software-as-a-service) startup had raised Rs 15 crore from IvyCap Ventures in March this year
New Delhi: Tech firm Bidgely on Thursday said it has raised $26 million (about Rs 190.8 crore) in funding led by Moore Strategic... |
| Sep 16, 2021 | IPO-bound Pine Labs raises $100 million from US investment fund | ETtechPine Labs CEO Amrish Rau.
Mumbai: Pine Labs, which plans to go public in the US next year, said on Thursday that it has raised $100 million from US-based Invesco Developing Markets Fund. The new funding comes just months after it rais... |
| Sep 16, 2021 | Andreessen Horowitz in talks to make first India investment in CoinSwitch Kuber | ETtechCoinSwitch founders (from left) Ashish Singhal, Vimal Sagar and Govind Soni.
Bengaluru | Mumbai: Andreessen Horowitz is in talks to invest in CoinSwitch Kuber, a cryptocurrency platform for retail traders, people familiar with the mat... |
| Sep 16, 2021 | Liquor startup Boutique Spirit Brands raises Rs 80 crore | ETtechRahul Gagerna, founder and CEO, Boutique Spirit Brands
Indian startup Boutique Spirit brands today announced raising Rs 80 crore in a combination of equity and debt by IIFL, Anicut Angel Fund, Kae Capital, Narendra Madhusudan Murkumbi... |
| Sep 16, 2021 | Flatheads raises $1 million in funding from We Founder Circle, Dexter Angels | AgenciesThe pre-series A funding round also witnessed participation from other investors including Gaurav Kapur (TV presenter and founder, Oaktree Sports), Sahil Barua (co-founder, Delhivery) and Radhika Ghai (Co-founder, ShopClues).
Mumbai... |
| Sep 15, 2021 | Anar B2B app gets seed funding from Elevation Capital, Accel India | ETtechLaunched in 2020 by Nishank Jain (left) and Sanjay Bhat, Anar caters primarily to small and medium enterprises across the value chain, helping them connect and interact with one another.
Mumbai: Anar, a business-to-business networking... |
| Sep 15, 2021 | Canva's valuation more than doubles to $40 billion in latest funding round | ETtechIllustration: Rahul Awasthi
Graphic design and collaboration platform Canva said on Tuesday that it is now valued at $40 billion after the company raised $200 million in a funding round led by investment management firm T.Rowe Price.
... |
| Sep 14, 2021 | Edtech startup Eupheus Learning raises $10 million from Lightrock India | ETtech(From Left to Right) Ved Prakash Khatri (cofounder) Sarvesh Shrivastava, cofounder & Managing Director & Amit Kapoor, (cofounder) of Eupheus Learning
Eupheus Learning, a New Delhi-based B2B edtech company, said on Tuesday that... |
| Sep 14, 2021 | Hexahealth raises Rs 33 crore from Omidyar, others | AgenciesRepresentative image.
Mumbai: Healthcare startup Hexahealth on Tuesday said it has raised Rs 33 crore in funding led by impact investor Omidyar Network and Chiratae Ventures. The seed funding round, which aims to transform surgery e... |
| Sep 14, 2021 | Vahan bags $8 million funding led by Khosla Ventures | ETtechMadhav Krishna, cofounder and CEO, Vahan
Vahan, a recruitment platform for blue-collar workers, has raised $8 million in its Series A round, led by existing investor Khosla Ventures.
Airtel, Shakti VC, Pioneer Fund (Y Combinator alumn... |
| Sep 14, 2021 | China self-driving firm DeepRoute raises $300 million from Alibaba, others | ReutersThe investment comes as automakers and technology firms are ploughing in billions of dollars into autonomous driving, aiming to take an early lead in what many see as the future of mobility.
Beijing: Chinese autonomous driving startu... |
| Sep 14, 2021 | SaaS startup GTM Buddy gets $2 million seed funding from Stellaris | ThinkStock PhotosGTM Buddy's SaaS platform helps sellers to accelerate their deals and improve win rates by delivering relevant information and messages to their prospective buyers.
Mumbai: GTM Buddy, a tech-enabled sales enablement platfor... |
| Sep 13, 2021 | Onesto Labs gets $2.5-million funding from Sanjay Nayar, others | AgenciesFounded in 2018 by Rohit Chawla (in photo), Sifat Khurana and Vimal Bhola, Onesto’s brands Bare Anatomy and Chemist at Play sell personal care products on their own websites and etail platforms like Amazon India and Nykaa.
Mumbai: O... |
| Sep 13, 2021 | BetterPlace raises $24 million funding led by Jungle Ventures, CX Partners | ETtechIllustration: Rahul Awasthi
BetterPlace, a technology platform for blue-collar workforce management, has raised $24 million in Series-C funding. The round is led by Delhi-based CX Partners and Singapore-based Jungle Ventures. This com... |
| Sep 13, 2021 | Jungle Ventures raises $225 million to invest in India, Southeast Asia startups | AgenciesThere has been a flurry of fundraising activities and initial public offerings in Southeast Asia and India, where the tech industry is having a boom year.
Jungle Ventures raised $225 million in the first close of its fourth fund as ... |
| Sep 11, 2021 | Accel, Premji Invest and others invest over $100 million in Amagi | Getty ImagesWith over 800 channels on its platform, including playout and redundancies, Amagi has emerged as one of the largest cloud deployment partners in the world, with distribution in 40 countries across cable, connected TV and OTT.
Ne... |
| Sep 10, 2021 | Amagi secures over $100 million in secondary funding; Emerald Media, Mayfield India exit | ETtechIllustration: Rahul Awasthi
Amagi, a global leader in cloud-based SaaS technology for broadcast and connected TVs, has secured over $100 million in secondary funding from Accel, Avataar Ventures, Norwest Venture Partners, and existing... |
| Sep 10, 2021 | ETtech Deals Digest: Delhivery, Leap raise funds this week | ETtechIllustration: Rahul Awasthi
India’s startup ecosystem witnessed bigger funding rounds this week compared to the previous one. Logistics startup Delhivery and overseas education platform
Leap were among the companies that raised funds.... |
| Sep 10, 2021 | Lido Learning raises $10 million funding from Ronnie Screwvala's Unilazer Ventures | Lido Learning said it is currently on track to reach a $100 million run rate by end of the financial year.
New Delhi: Edtech startup Lido Learning on Friday said it has raised $10 million (about Rs 73.4 crore) from Ronnie Screwvala's Unilaz... |
| Sep 10, 2021 | Lido Learning bags Rs 41 crore in funding | ETtechIllustration: Rahul Awasthi
Edtech startup Lido Learning will raise about Rs 41 crore from angel investor Ronnie Screwvala and ZNL Growth Fund Scheme 1.
Lido Learning passed a special resolution to approve the allotment of 1,41,493 Se... |
| Sep 10, 2021 | Fintech startup FinMind gets angel funding amid plans to go global | AgenciesFinMind, which currently provides services to several well-known brands and financial institutions, is now looking to go global.
Mumbai: Fintech startup FinMind has raised an undisclosed amount in angel funding from well-known inves... |
| Sep 9, 2021 | Sea looks to raise $6.3 billion in Southeast Asia's biggest fundraising | ReutersSea, the biggest among all Southeast Asian companies by market value, plans to use the proceeds for general corporate purposes, including strategic investments and acquisitions.
Hong Kong/Singapore: E-commerce and gaming company Sea ... |
| Sep 9, 2021 | Biotech startup immunitoAI raises $1 million in seed funding | ETtechIllustration: Rahul Awasthi
Biotech startup immunitoAI today announced that it has raised $1 million in seed funding.
The funding round was led by pi Ventures, with existing investor Entrepreneur First also participating.
The company ... |
| Sep 9, 2021 | HomeLane raises $50 million from IIFL AMC fund, others | ETtechSrikanth Iyer and Tanuj Choudhry, cofounders of HomeLane.
Mumbai: HomeLane, a home interior solutions platform, has raised $50 million in a Series E funding round led by IIFL AMC’s Late Stage Tech Fund, Oman India Joint Investment Fun... |
| Sep 9, 2021 | Suumaya Industries picks up minority stake in Nysaa Retail | ETtech
Mumbai-based ethnic apparel manufacturer Suumaya Industries has picked up a minority stake in Nysaa Retail Pvt Ltd, which runs the value retailing chain 1-India Family Mart, for about Rs 5 crore, according to two people familiar with... |
| Sep 8, 2021 | WeRize gets $8-million funding from 3one4, Kalaari and others | ETtechVishal Chopra (left) and Himanshu Gupta, cofounders of WeRize.
Mumbai: WeRize, which sells credit, group insurance and savings products in more than 1,000 small cities, has raised $8 million in its Series A funding round, led by 3one4... |
| Sep 8, 2021 | Edtech startup Leap raises $55 million funding led by Owl Ventures | ETtechLeap Finance founders Arnav Kumar and Vaibhav Singh
Overseas education company
Leap announced on Wednesday that it has raised $55 million (Rs 400 crore) in Series C funding, led by Owl Ventures.
The round also saw participation from H... |
| Sep 8, 2021 | CollegeDekho raises $26.5 million led by Winter Capital, ETS and Man Capital | ETtechIllustration: Rahul Awasthi
College admissions platform CollegeDekho today announced that it has raised $26.5 million in a Series B funding round led by Winter Capital Partners, ETS Strategic Capital, Calega and existing investors Man... |
| Sep 8, 2021 | Edtech startup Stride Ahead raises $100,000 in pre-seed funding round | ETtechStride Ahead founder Piyush Gupta.
Bengaluru: Stride Ahead, an AI-enabled student mentorship platform, has raised $100,000 in pre-seed funding from Rachit Poddar, cofounder of Marwari Catalysts Ventures. The Delhi-based edtech startup... |
| Sep 8, 2021 | Vahdam India bags Rs 174 crore in funding led by IIFL AMC's PE fund | ETtechBala Sarda, founder, Vahdam
Vahdam India, a maker of teas, spices and superfoods, has raised Rs 174 crore in its Series D funding round, led by IIFL AMC’s private equity fund.
Existing investors Sixth Sense Ventures, the Mankind Group... |
| Sep 7, 2021 | GoKwik gets $5.5 million funding from Matrix India, others for overseas expansion | ETtechGoKwik founders (from left) Ankush Talwar, Chirag Taneja and Vivek Bajpai.
Mumbai: GoKwik, an ecommerce enablement platform, has raised $5.5 million in a funding round led by Matrix Partners India along with participation of RTP Globa... |
| Sep 7, 2021 | On-demand staffing platform Gigforce raises $3 million from Endiya Partners, angels | ETtechIllustration: Rahul Awasthi
Gigforce, an on-demand staffing platform providing pre-screened and pre-trained gig workers, has raised $3 million (about Rs 22 crore) in pre-Series A funding led by Endiya Partners. Existing backer Unitus ... |
| Sep 7, 2021 | COGOS Technologies raises $2 million from Dubai, New York investors | ETtechIndia’s logistics market is pegged at $215 billion and is growing at a compounded annual growth rate of 10.5%, COGOS Technologies says citing research reports.
Bengaluru: COGOS Technologies, a Bengaluru-based enterprise logistics comp... |
| Sep 7, 2021 | Zoho invests in homegrown MRI tech startup Voxelgrids | ETtechIllustration: Rahul Awasthi
Zoho Corp., India's largest SaaS company on Tuesday announced that it has invested $5 million (₹35 Crores) in Voxelgrids, an Indian startup that builds Magnetic Resonance Imaging (MRI) scanners, in order to... |
| Sep 7, 2021 | Flipspaces raises $2 million to grow its newly launched SaaS vertical | AgenciesFounded in July 2015 by Kunal Sharma, Ankur Muchhal, Vikash Anand, Mrinal Sharma, Prafful Sahu and Ritesh Ranjan, Flipspaces focuses on the $5-billion commercial interior design and build market in India.
New Delhi: Flipspaces, a te... |
| Sep 7, 2021 | ShopUp gets $75 million from Peter Thiel's Valar Ventures, Prosus and others | ETtechIllustration: Rahul Awasthi
ShopUp, a business-to-business commerce startup in Bangladesh which merged with India's fashion focused etailer Voonik in 2020, has raised $75 million in a new round of funding led by Peter Thiel’s Valar Ve... |
| Sep 6, 2021 | Dukaan gets $11-million funding from 640 Oxford Ventures, others | ETtechFounded in 2020 by Subhash Choudhary (left) and Suumit Shah, Dukaan helps merchants with no programming skills to set up their ecommerce stores using smartphones.
Dukaan, an online retail platform that helps businesses digitalise oper... |
| Sep 6, 2021 | Biddano raises $2 million from Coinbase, Pinterest board member, others | ETtechFounded in 2016 by Talha Shaikh and Ashok Yadav, Biddano pivoted to the business-to-business model in late 2018. The company now connects local distributors with pharmacies and fulfills orders in under three hours.
Mumbai: Biddano, a ... |
| Sep 6, 2021 | Lee Fixel's Addition puts $76 million in IPO-bound Delhivery | Agencies
Lee Fixel, the former partner at New York-based investment firm Tiger Global who fueled the first boom in the Indian consumer Internet ecosystem with investments in startups like Flipkart and Ola, has picked up shares in one of his... |
| Sep 3, 2021 | Bikayi raises $10.8 million in funding led by Sequoia Capital India | ETtechIllustration: Rahul Awasthi
Bikayi, which helps small businesses digitise their offerings, has raised $10.8 million in a Series A funding round led by Sequoia Capital India.
The company had secured $2 million in August 2020 as a part ... |
| Sep 3, 2021 | Village commerce startup 1Bridge raises $2.5 million funding | ETtechIllustration: Rahul Awasthi
Village-tech enterprise RubanBridge (1Bridge), a last-mile supply chain and distribution network focussed on the villages in rural India on Wednesday announced that it has raised $2.5 million in a fresh rou... |
| Sep 3, 2021 | ETtech Deals Digest: Skit, Bikayi raise funds; Prosus acquires BillDesk | ETtechIllustration: Rahul Awasthi
India's digital payments space witnessed its biggest acquisition deal this week. Prosus, the global investment arm of South African multinational Naspers, said it would acquire Indian payments gateway firm ... |
| Sep 2, 2021 | Dezerv Investments raises $7 million in maiden institutional funding | ETtechDezerv cofounders (from left) Sandeep Jethwani, Sahil Contractor and Vaibhav Porwal. The seed funding offers the company a run-way of another two to three years, the cofounders say.
Mumbai: Dezerv Investments, a wealth management star... |
| Sep 2, 2021 | AppsForBharat raises $10 million from Elevation Capital, others | ETtechPrashant Sachan, cofounder of influencer-led social commerce platform Trell, incubated AppsForBharat while at the company and later spun it off as a separate entity.
Mumbai: AppsForBharat, a product studio for spiritual and devotional... |
| Sep 2, 2021 | EV infra startup Revos bags $4 million in funding | ETtechMohit Yadav (right) and Jyotiranjan Harichandan, cofounders of Revos.
Electric vehicle (EV) infrastructure startup Revos has received $4 million from venture capital firms, US-based Union Square Ventures (USV) and Bengaluru-headquarte... |
| Sep 1, 2021 | Savings startup Jar raises $4.5 million from Arkam Ventures, Tribe Capital and others | ETtechIllustration: Rahul Awasthi
Jar, a six-month-old savings platform that lets users invest in gold, has raised $4.5 million led by Arkam Ventures in its first institutional funding. Silicon Valley-based early-stage fund Tribe Capital an... |
| Sep 1, 2021 | Voice AI startup Skit raises $23 million to fuel its US expansion plans | ETtechSkit founders Saurabh Gupta (left) and Akshay Deshraj.
Mumbai: Skit, the voice automation startup formerly known as Vernacular.ai, has raised $23 million in a Series B funding round led by WestBridge Capital, at a time when the AI-fir... |
| Sep 1, 2021 | Peppermint gets Rs-5 crore funding from Venture Catalysts, others | ETtechFounded in 2019 by Runal Dahiwade, Peppermint was incubated at IIT Bombay’s Society for Innovation and Entrepreneurship as an industrial robotics firm.
Chennai: Peppermint, an industrial robotics startup, has raised Rs 5 crore in a fu... |
| Sep 1, 2021 | Codingal raises $1.2 million in seed funding round | ETtechCodingal cofounders
Edtech startup Codingal announced today that it has raised $1.2 million in its seed funding round led by Y Combinator, Summer Capital, Day One Syndicate, and Rebright Partners. Prominent angel investors Nate Lipsco... |
| Sep 1, 2021 | Skeps raises $9.5 million in funding led by Bertelsmann India Investments | ETtechIllustration: Rahul Awasthi
Financial technology startup Skeps has raised $9.5 million (about Rs 70 crore) in series A funding round led by Bertelsmann India Investments. Existing investor
Accel also participated in this round, the co... |
| Aug 31, 2021 | Two-wheeler financing startup OTO Capital raises $6 million from Matrix, others | ETtechSumit Chhazed (right) and Harsh Saruparia, cofounders, OTO
OTO Capital, a startup that helps customers buy or lease two-wheelers, has raised $6 million in a Series A investment round led by Matrix Partners India.
The round also involv... |
| Aug 31, 2021 | Sparks Studio gets $125,000 funding from Y Combinator | ETtech(From left) Kaustubh Khade, Namita Goel and Anushree Goenka, cofounders, Sparks Studio
Virtual extracurricular platform Sparks Studio has secured $125,000 in funding from San Francisco-based Y Combinator, which has previously backed c... |
| Aug 30, 2021 | D2C sports brand Elevar raises $2.5 million from Kalaari, Dream Capital | ETtech(From left) Kunal Joshi and Aayush Tapuriah, cofounders, Elevar
Mumbai: Elevar, a maker of sporting goods, has raised Rs 19 crore (about $2.5 million) in a Series A funding round led by Kalaari Capital, at a time when direct-to-consum... |
| Aug 30, 2021 | VC firm Accel launches Atoms programme to back early-stage startups | ETtechConvertibles are a way of investing in startups in which valuation is decided at a future date. This helps very early or pre-seed startups since it's difficult to agree on the valuation of such a company.
Mumbai:
Accel has launched At... |
| Aug 27, 2021 | Indiagold gets $12 million funding from PayU, others as gold loans surge | ETtechNitin Misra and Deepak Abbot, cofounders of Indiagold.
Bengaluru: Indiagold, a gold-based lending platform started by two former Paytm executives, has raised $12 million in fresh funding to make the most of the pandemic-induced surge ... |
| Aug 27, 2021 | ETtech Deals Digest: Zetwerk turns unicorn, Khatabook gets $100-million funding | ETtechIllustration: Rahul Awasthi
Last week, we reported that contract maker Zetwerk has raised funds, catapulting it into the
unicorn club. The company officially announced the fundraise on Monday.
India’s startup ecosystem witnessed small... |
| Aug 26, 2021 | Camp K12 bags $12 million in funding led by Matrix Partners India, Elevation Capital | ETtechAnshul Bhagi, cofounder and CEO, Camp K12
Ed-tech startup Camp K12 has raised $12 million in its Series A round, co-led by Matrix Partners India and Elevation Capital.
The company will use the capital to hire leaders across functions,... |
| Aug 26, 2021 | Elda Health raises seed funding of $1.5 million | ETtechIllustration: Rahul Awasthi
Women healthcare platform, Elda Health on Thursday said it has raised $1.5 million (around Rs 11 crore) in a seed funding round from Avaana Capital, Orios Ventures and Ananth Narayanan Family office. This a... |
| Aug 26, 2021 | Advantage Club raises $1.7 million from Y Combinator, Broom Ventures, others | ETtechIllustration: Rahul Awasthi
Employee engagement platform Advantage Club has raised $1.7 million from Y Combinator, Broom Ventures, and Cred founder Kunal Shah.
Liquid.vc and other leading angel investors from the United States, Middle... |
| Aug 26, 2021 | Sporjo raises Rs 14 crore in funding at Rs 70 crore valuation | ETtech(Left to right) G Srinivvasan, founder & CEO, Sporjo, Punit Balan, investor, Sporjo, Leander Paes, Strategic Advisor & Ambassador, Sporjo
Sporjo, an online education, training & employability company focused on sports, has... |
| Aug 26, 2021 | SuperGaming raises $5.5 million in Series A round | ETtech
Indian game development studio SuperGaming has raised $5.5 million (about Rs 40.8 crore) in its Series A round from a clutch of ivestors, including Skycatcher, AET Fund, BAce Capital, Dream Incubator, 1Up Ventures and Icertis cofound... |
| Aug 25, 2021 | Curefoods raises $13 million funding from Iron Pillar, Binny Bansal, others | ETtech
Curefoods, which operates the cloud kitchen brand EatFit, on Wednesday said it has raised $13 million (about Rs 96.4 crore) in funding, led by Iron Pillar. The series A round also saw participation from Nordstar and Flipkart co-found... |
| Aug 25, 2021 | TartanSense raises $5 million from FMC, Omnivore and Blume Ventures | Agencies
Mumbai: TartanSense, which makes "small robots for small farms", has raised $5 million in a Series A funding round led by FMC Ventures and Omnivore along with participation of existing investor Blume Ventures.
The
agritec... |
| Aug 25, 2021 | Bewakoof gets Rs 60-crore funding, eyes Rs 2,000 crore in sales by 2025 | ETtech(Photo courtesy: instagram/bewakoofofficial)
New Delhi: Bewakoof, a youth-focused direct-to-consumer brand, has raised Rs 60 crore from InvestCorp, IvyCap and Spring Marketing Capital, with an aim to clock Rs 2,000 crore in sales by 2... |
| Aug 25, 2021 | Omidyar Network India commits $2 million to The/Nudge Foundation | ETtechThe/Nudge founder Atul Satija
Omidyar Network India, a “philanthropic investment firm”, has committed a core grant of $2 million (about Rs 14.5 crore) to The/Nudge Foundation to support the non-profit organisation’s efforts to catalys... |
| Aug 25, 2021 | Neobank Winvesta gets seed funding from Speciale Invest, others | iStock
New Delhi: Winvesta, a financial services startup, has raised an undisclosed amount as seed funding from Speciale Invest, Blume Founders Fund and Cred founder Kunal Shah.
The new investors join existing advisers and investors—such as... |
| Aug 25, 2021 | Prime Venture Partners raises $75 million towards first close of fourth fund | Getty Images
Mumbai: Prime Venture Partners, an early-stage venture capital firm, has raised $75 million towards the first close of its $100-million fourth fund, amid unprecedented deal activity in the Indian startup ecosystem.
The investor... |
| Aug 24, 2021 | Hike secures new funds from Tinder cofounder Justin Mateen, others | ETtech
Social platform Hike has raised funding from a clutch of investors led by Tinder cofounder Justin Mateen and participation from SoftBank Vision Fund CEO Rajeev Misra, Tinder cofounder Sean Rad and Tribe Capital cofounder Arjun Sethi.... |
| Aug 24, 2021 | Credit Saison puts $47 million in Indian arm | ETtechIllustration: Rahul Awasthi
Credit Saison, a leading consumer finance firm and credit card issuer in Japan, has infused $47 million into its Indian non-bank arm, Kisetsu Saison Finance India (CS India), the company said on Monday.
The... |
| Aug 24, 2021 | Smytten raises $6 million in funding led by Fireside Ventures | ETtech(From left) Swagat Sarangi and Siddhartha Nangia, founders, Smytten
Smytten, a sampling and engagement platform for direct to consumer (D2C) brands, has raised $6 million in its Series A round led by Fireside Ventures. Existing invest... |
| Aug 24, 2021 | Khatabook gets $100-million funding, announces ESOP buyback | ETtechRavish Naresh, cofounder and chief executive of Khatabook.
Digital book-keeping app Khatabook has raised $100 million in its Series C round, led by Silicon Valley-based early-stage fund Tribe Capital and Moore Strategic Ventures (MSV)... |
| Aug 24, 2021 | PEs put $150 million in QuEST Global for minority stake | ETtechIllustration: Rahul Awasthi
Bengaluru: Global private equity firms ChrysCapital, True North and others have invested $150 million in QuEST Global for a minority stake in the engineering solutions provider. The investors purchased a po... |
| Aug 24, 2021 | Ai Palette raises $4.4 mln from pi Ventures, Exfinity Ventures | ETtech
Mumbai: Foodtech startup Ai Palette has raised $4.4 million in its Series A round, led by pi Ventures and Exfinity Ventures, with participation from Anthill Ventures. Existing investors Agfunder and Decacorn also participated in the ... |
| Aug 24, 2021 | Breathe Well-Being raises $5.5 million in funding led by Accel | ETtech(From left) Aditya Kaicker and Rohan Verma, cofounders, Breathe Well-Being
Digital therapeutics company Breathe Well-Being has raised $5.5 million in its Series A round, led by
Accel.
General Catalyst, 3one4 Capital and Scott Shleifer... |
| Aug 23, 2021 | Zetwerk turns unicorn after $150-million funding led by D1 Capital | ETtech(From left) Zetwerk cofounders Amrit Acharya, Srinath Ramakkrushnan, Rahul Sharma and Vishal Chaudhary.
Zetwerk Manufacturing, a contract maker of consumer and capital goods, has raised $150 million in its Series E round, led by D1 Ca... |
| Aug 23, 2021 | Indian startups raised $6.5 bn in April-June 2021, 11 unicorns created | ETtechAt $800 million, Swiggy raised the biggest round in the April-June period, the Nasscom-PGA Labs report said, while the fintech industry was the most well-funded.
New Delhi: Indian startups received $6.5 billion in funding in the April... |
| Aug 20, 2021 | ETtech Deals Digest: Postman, Zetwerk raise funds this week | ETtechIllustration: Rahul Awasthi
SaaS startup Postman became the most valued software-as-a-service firm from India this week. The country also minted another
unicorn.
Postman
SaaS startup Postman has raised $225 million in a new funding ro... |
| Aug 20, 2021 | AI job search firm Hiration gets Rs 21 crore | ETtechIllustration: Rahul Awasthi
Hiration, an AI-powered job search platform, has raised Rs 21 crore ($3 million) from Prime Venture Partners, Venture Highway and Y Combinator.
The company will use the fresh capital to further develop its ... |
| Aug 20, 2021 | Microsoft Corporation invests $5 million in Oyo | ReutersFILE PHOTO: Smartphone is seen in front of Microsoft logo displayed in this illustration taken, July 26, 2021. REUTERS/Dado Ruvic/Illustration
Tech giant Microsoft Corporation has invested nearly $5 million (about Rs 37 crore) in Oyo... |
| Aug 20, 2021 | Zetwerk set to turn unicorn with $150-million funding | ETtechZetwerk Manufacturing was founded in 2018 by IIT alumni (from left) Amrit Acharya, Srinath Ramakkrushnan, Rahul Sharma and Vishal Chaudhary.
Mumbai: Zetwerk, a contract manufacturer of consumer and capital goods, has raised $150 milli... |
| Aug 19, 2021 | Probus Smart Things raises $500,000 in funding led by Unicorn India Ventures | ETtechIllustration: Rahul Awasthi
Data analytics startup Probus Smart Things has raised $500,000 in a bridge round led by Unicorn India Ventures. The company plans to use the funds to scale up its team and operations within India and abroad... |
| Aug 19, 2021 | PhonePe gets $50 million from Tencent but won't use it in India | AgenciesFlipkart continues to be the largest stakeholder in PhonePe with 87.30% stake, followed by Walmart. Tencent has less than 2% stake.
New Delhi: The Singapore unit of PhonePe has raised $66.5 million (about Rs 500 crore) in a funding ... |
| Aug 19, 2021 | Eduvanz bags Rs 100 crore in funding led by Juvo, Sequoia Capital and others | ETtechVarun Chopra, CEO, Eduvanz
Education loan provider Eduvanz said it has raised Rs 100 crore in a Series B funding round led by Juvo Ventures, Sequoia Capital India, and Unitus Ventures among others.
The startup plans to use the funds r... |
| Aug 19, 2021 | Avendus Future Leaders Fund II hits first closure at Rs 584 crore | ETtechIllustration: Rahul Awasthi
Financial services group Avendus Capital has achieved the fist close of its Future Leaders Fund II at Rs 584 crore.
The fund is looking to hit the final closure at more than Rs 1,000 crore, including a gree... |
| Aug 19, 2021 | AgNext Technologies lands $21 million led by Alpha Wave Incubation | ETtech(From left) AgNext executives Sparsh Kaur, chief of staff, Taranjeet Singh Bhamra, CEO, Subrat Kumar Panda, CTO
AgNext Technologies has raised $21 million in its Series A round, led by Alpha Wave Incubation (AWI), in the largest Serie... |
| Aug 19, 2021 | Rainshine Global in talks to raise $150 million for new fintech ventures | iStock
Mumbai: US-based Rainshine Global, the holding company of Rainshine Entertainment, is looking to raise $150 million in the next 6-9 months to create four new lines of businesses in the fintech space, which will complement its existin... |
| Aug 19, 2021 | Cars24 in talks to close $350-million funding round at $2-billion valuation | Cars24, an online marketplace for used cars, drove into the unicorn club last year after raising $200 million from DST Global and others.
Mumbai | Bengaluru: Cars24, an online platform for selling used cars, is in the final stages of closin... |
| Aug 18, 2021 | GetVantage invests in QSR startup Charcoal Eats | ETtechIllustration: Rahul Awasthi
Food tech brand Charcoal Eats has raised Rs 1 crore in growth capital from revenue-based financing leader GetVantage, and will use the funds to expand its menu and spend on marketing in the next few months.... |
| Aug 18, 2021 | RaRa Delivery raises $3.25 million in funding led by Sequoia's Surge, East Ventures | ETtechKaran Bhardwaj, founder and CEO, RaRa Delivery
Indonesian instant delivery startup RaRa Delivery said that it has raised $3.25 million in funding led by Sequoia Capital India’s Surge and Indonesia’s East Ventures.
In a press statement... |
| Aug 18, 2021 | Smallcase raises $40 million from Amazon, others | Shutterstock.comFounded in 2015 by IIT Kharagpur graduates Vasanth Kamath, Anugrah Shrivastava and Rohan Gupta, Smallcase gives users digital access to capital markets by offering weighted portfolios of stocks and exchange traded funds.
Fin... |
| Aug 17, 2021 | Digital health startup Navia Life Care raises $1 million in funding | ETtechIllustration: Rahul Awasthi
Navia Life Care, a digital health startup, has raised $1 million in funding in a Series A round.
The investment was led by Anicut
Angel Fund, the equity arm of Anicut Capital, with participation from 9Unico... |