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| Jan 13, 2025 | India’s fintech funding dips to $1.9 billion in 2024, yet retains global standing | India’s fintech sector raised funding of $1.9 billion in 2024, a 33 per cent decline from the $2.8 billion secured in 2023 and a significant 66 per cent drop from the $5.6 billion raised in 2022.
Despite the decline, India remained the thir... |
| Aug 14, 2024 | Radio Mirchi’s parent acquired Gaana for Rs 25 lakh | Tencent-backed Gaana and Times Internet merged with Times Group’s listed subsidiary Entertainment Network India Limited (ENIL) in December 2023 following the collapse of possible merger and acquisition negotiations with Airtel Wynk. Nonethe... |
| Jul 5, 2024 | India’s fintech funding plummets amid global slowdown: Tracxn report | The fintech sector recorded funding of $795 million in 2024, a decline of 11 per cent and 59 per cent compared to $896.7 million raised in H2 of 2023 and $1.93 billion in H1 of 2023, respectively, according to report by market intelligence ... |
| Jun 13, 2024 | 360 ONE WAM Forays into WealthTech, Acquires ET Money, India's leading Mutual Fund Platform & Digital Investment Advisor | New Delhi, Delhi, India
360 ONE WAM, India’s premier wealth manager for ultra-high-net-worth individuals and families, has entered into a Definitive Agreement to acquire Times Internet-incubated Wealth-focused fintech ET Money.
ET Money
ET ... |
| Oct 6, 2022 | ET Money Introduces the First-of-its-kind Great Indian Investment Festival: To Reward Users for Building Good Financial Habits | New Delhi, Delhi, India
Users to get rewarded for investing during this festive season with prizes of over Rs. 20 Lakhs up for grabs
Encouraging Indians to save & invest during this festive season, ET Money, one of India's largest wealt... |
| Sep 7, 2022 | ET Money Beats Market Volatility; Crosses Rs. 30,000 Crores of Investments that Get Managed on its Platform | Delhi, India
ET Money, one of India’s largest wealth tech startups, announced that it has crossed Rs.30,000 Crores or approximately $4bn in retail mutual fund investments that are managed on its platform. Out of the Rs.30,000 Crores, Rs.11,... |
| Aug 25, 2022 | ET Money's 'India Investor Personality Report 2022' Decodes Investors' Minds; Gives Insights into Unique Investing Behaviors and Patterns | New Delhi, Delhi, India
Equity allocation of Indian investors is extremely high irrespective of their risk tolerance
Investors with a low comfort level to losses are taking a higher amount of risk
Investors with higher financial mastery are... |
| Jul 6, 2022 | What to do When The Stock Market Tanks | New Delhi, Delhi, India
As fears of spiraling inflation and rising interest rates gripped investors across the globe, it was evident that Indian equity indices would see a steep correction following weakness in global indices. Stock market ... |
| Mar 4, 2022 | ETMONEY's Technology-led Approach is Enabling Investors to Generate better Returns Using Passive Funds | New Delhi, Delhi, India
ETMONEY, one of India's leading wealth management platforms, recently launched a one-of-its-kind membership service ETMONEY Genius. ETMONEY Genius uses a proprietary quant investing model that uses a dynamic asset al... |
| Feb 9, 2022 | ETMONEY Opens Complete Access to Genius, a Premium Membership Service that Delivers Personalized Investing Intelligence for Winning Investment Outcomes | New Delhi, Delhi, India
ETMONEY, India’s leading investment platform had recently revealed a one-of-its-kind membership that will provide personalized investing intelligence to help investors manage their wealth better. In today’s time when... |
| Jan 28, 2022 | What’s the Importance of Long-Term Investment in Mutual Funds? ET Money throws light on the Subject. | Share
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Investing in Mutual Funds with a long term objective is a favorable option as it gives investments time to grow. Investing with a long-term horizon is very important, especially for those who are into equity li... |
| Dec 21, 2021 | Indians Increase their Commitment to SIPs says ETMONEY SIP Insights Report 2021 | New Delhi, Delhi, India
Smaller cities account for 64 per cent of SIP inflows in 2021
Share of income being invested through SIPs increasing yearly
More than 70% of investors now don’t stop SIP once started
Investors have got an average ret... |
| Nov 17, 2021 | ETMONEY Continues its Rapid Growth; Crosses USD 3Bn of Investments being Managed on its Platform | New Delhi, Delhi, India
ETMONEY, one of India’s fastest growing investments and wealth management platform, has crossed the milestone of 3 billion US dollars’ (INR 22,500 Crores) of total mutual fund investments being managed on the platfor... |
| Oct 23, 2021 | Rezolve.ai plans $10 million Series A fundraise | ETtech
Mumbai: Service desk automation startup Rezolve.ai is planning a $10 million Series A fund-raise to fuel its expansion activities and product innovation.
Founded by Indian founders with a significant focus on the US and European mark... |
| Oct 22, 2021 | ETtech Deals Digest: PharmEasy, Cred raise funds this week | ETtechIllustration: Rahul Awasthi
Online pharmacy PharmEasy and credit card repayment platform Cred were among the startups that raised funds this week with a significant bump up in their valuations.
Meanwhile, MyGlamm parent Good Glamm Gro... |
| Oct 21, 2021 | Regulatory tech startup IDfy raises Rs 86 crore in Series D round from TransUnion, Blume Ventures | ETtechIDfy founder and CEO Ashok Hariharan.
Mumbai: Regulatory technology startup IDfy has raised Rs 86 crore in its Series D round of funding led by TransUnion and Blume Ventures, the firm announced on Thursday.
The Mumbai-based startup sp... |
| Oct 21, 2021 | Questt raises $6.75 million funding from Celesta Capital, Premji Invest, others | ETtechQuestt plans to use the funds from this round to build deep-tech capabilities to increase its user base.
New Delhi: Edtech startup Questt on Thursday said it has raised $6.75 million (Rs 50 crore) in funding, led by Celesta Capital an... |
| Oct 21, 2021 | Sourcewiz gets $3 million seed funding from Blume Ventures, Alpha Wave | ETtechThe team at Sourcewiz.
Chennai: Sourcewiz, a software-as-a-service (SaaS) platform that digitalises operations for exporters, has raised $3 million in a seed funding round led by Blume Ventures and Alpha Wave Incubation.
The fundraisi... |
| Oct 21, 2021 | Big get bigger as select startups gain most amid funding boom | ETtechIllustration: Rahul Awasthi
Select companies have gained the most from a sustained funding boom in the domestic market, amid an unprecedented inflow of risk capital and steep valuations.
Data sourced by ET from industry tracker Ventur... |
| Oct 20, 2021 | ClearDekho raises $4 million funding led by Aroa Ventures | ETtechIllustration: Rahul Awasthi
Eyewear brand ClearDekho on Wednesday said it has raised $4 million in pre-Series A funding led by Aroa Ventures which happens to be the family office of Oyo founder Ritesh Agarwal.
The company said it will... |
| Oct 20, 2021 | Trifecta Capital invests Rs 400 crore in four Indian tech companies | ETtechAs of September 30, 2021, Trifecta has raised over Rs 1,500 crore across two venture debt funds and Rs 1,200 crore in its equity fund. Trifecta Capital recently also launched its third venture debt fund.
New Delhi: Trifecta Capital on... |
| Oct 20, 2021 | RevFin raises $4 million in pre-series A funding round | ETtechRevFin founder Sameer Aggarwal.
New Delhi: EV financing digital platform RevFin on Wednesday said it has raised $4 million (nearly Rs 30 crore) in pre-series A funding round with both equity and debt.
The round was led by Redcliffe fo... |
| Oct 20, 2021 | Dhani Services to raise Rs 1,200 crore from General Catalysts, others | Getty ImagesIndiabulls cofounder Sameer Gehlaut rebranded Indiabulls Ventures as Dhani Services after exiting Indiabulls Housing Finance in August last year.
Mumbai: The board of Dhani Services Ltd. has approved a equity fundraise of Rs 1,2... |
| Oct 20, 2021 | CredAble bags $30 million in Series B funding | ETtech
Mumbai: CredAble, a
fintech startup focused on supply chain financing, has raised $30 million in its Series B funding round co-led by Plutus Management LLP and existing investor Oaks Asset Management.
The funding comes amid growing i... |
| Oct 20, 2021 | Sun Mobility raises $50 million from Vitol | ETtechSun Mobility aims to set up 500 SWAP Points in India by the end of 2022 and plans to roll out new products to enhance the swap experience.
New Delhi: Electric vehicle energy infrastructure firm Sun Mobility on Wednesday said it has cl... |
| Oct 19, 2021 | Agri startup Onato raises $2.2 million led by Vertex Ventures | Agencies
Onato, a business-to-business (B2B) platform for fresh produce, has raised $2.2 million in a seed financing round led by Vertex Ventures Southeast Asia & India, with participation from Omnivore.
The Bengaluru-based company, whi... |
| Oct 19, 2021 | Delivery Hero buys minority stake in grocery delivery startup Gorillas | The purchase means Delivery Hero owns 8% of the fast-growing startup, which operates more than 180 warehouses in nine countries and has coveted 'unicorn' status little more than a year after its foundation.
Berlin: Delivery Hero on Tuesday ... |
| Oct 19, 2021 | M2P Fintech in funding talks with Insight Partners a week after Tiger Global-led round | ETtechM2P Fintech cofounder Madhusudanan R. (Illustration: Rahul Awasthi/ETtech)
Bengaluru | Mumbai: M2P Fintech, which provides digital banking infrastructure to fintech and internet companies, is in talks with top-tier venture capital fun... |
| Oct 19, 2021 | ConveGenius raises $5 million to launch its conversational AI platform | ETtechJairaj Bhattacharya, founder and chief executive officer at ConveGenius.
Mumbai: ConveGenius, an edtech startup backed by Michael and Susan Dell Foundation, has raised $5 million in a pre-seed funding round led by BAce Capital, Herita... |
| Oct 19, 2021 | Aviom India Housing Finance raises $8 million in Series C funding | Getty ImagesAviom India Housing Finance, which deals in micro mortgages, has raised $8 million in a Series C funding round led by Sabre Partners.
Chennai: Aviom India Housing Finance, which deals in micro mortgages, has raised $8 million in... |
| Oct 19, 2021 | Finland's Aiven raises $60 million at $2 billion valuation | AgenciesFinland-based cloud software firm Aiven plans to go public in future but not in the next 18 months
Stockholm: Finland-based cloud software firm Aiven has raised $60 million from existing investors World Innovation Lab,
IVP and Atomi... |
| Oct 18, 2021 | Numadic gets $2.5 million funding from 9Unicorns, Venture Catalysts, others | ETtechThe team at Numadic.
Mumbai: Numadic, a vehicle interface platform, has raised $2.5 million in a funding round led by 9Unicorns and Venture Catalysts at a post-money valuation of $20 million.
Google and Chona Family Office, as well as... |
| Oct 18, 2021 | PharmEasy closes pre-IPO funding round at $5.6 billion valuation | ETtechIllustration: Rahul Awasthi
Online pharmacy PharmEasy has closed a funding round worth nearly $350 million ahead of filing its draft red herring prospectus (DRHP) before an Initial Public Offering (IPO), according to regulatory docume... |
| Oct 18, 2021 | SaaS Labs raises $17 million in maiden funding round | Getty Images
Mumbai: SaaS Labs, a cloud-based automation platform, has raised $17 million (about Rs 125 crore) from Base 10 Partners and Eight Roads Ventures in its maiden funding round.
The capital will be used to expand the customer base ... |
| Oct 18, 2021 | SaaS Labs lands $17 million in funding from Base 10 Partners, Eight Roads Ventures | Getty Images
SaaS Labs, a cloud-based platform that builds productivity and business process automation software for enterprises, has raised $17 million in Series A funding, from Base 10 Partners and Eight Roads Ventures.
This is the first ... |
| Oct 15, 2021 | Tala bags $145 million in funding led by Upstart | ETtechTala founder and CEO Shivani Siroya
Bengaluru-based fintech company Tala has raised $145 million in its Series E funding round, led by Upstart and participation from the Stellar Enterprise Foundation.
New investors Kindred Ventures an... |
| Oct 14, 2021 | Cannabis e-commerce platform Dutchie raises $350 million, valued at $3.75 billion | ETtechIllustration: Rahul Awasthi
Cannabis e-commerce platform Dutchie on Thursday said it raised $350 million in its latest funding round that valued the company at $3.75 billion.
The massive funding round is Dutchie’s second this year. Th... |
| Oct 14, 2021 | Duroflex gets first funding in three years from Norwest Venture Partners | ETtechDuroflex Managing Director Mathew Chandy.
Mumbai: Duroflex Pvt. Ltd., which sells mattresses under the labels of Duroflex and Sleepyhead, has raised $60 million in a funding round led by Norwest Venture Partners.
The latest fundraisin... |
| Oct 14, 2021 | WayCool Foods gets $13 million as part of largest agritech funding in India | Agencies
Chennai: WayCool Foods and Products Pvt. has raised $13 million in the second tranche of a Series D round, which a source claimed would be the largest for the agritech space in India upon completion.
The round would be closed in a ... |
| Oct 13, 2021 | Insurtech startup GramCover raises $7 million in a Series A round | ETtechIllustration: Rahul Awasthi
Insurtech startup GramCover on Wednesday announced that it has raised $7 million in a Series A round co-led by Siana Capital and Inflexor Ventures in a Series A round.
The fresh capital will be used to stre... |
| Oct 13, 2021 | Carl Pei's Nothing raises $50 million, partners with Qualcomm | ETtechNothing founder Carl Pei
Technology company Nothing, founded by OnePlus cofounder Carl Pei, on Wednesday said it has raised $50 million from strategic and private investors, and has partnered with U.S. chipmaker Qualcomm.
The company ... |
| Oct 13, 2021 | CarDekho enters unicorn club with $250 million funding led by Leapfrog Investments | Agencies
Girnar Software-owned automobile portal CarDekho has become the latest entrant to the
unicorn club after closing a $250 million round of funding led by Leapfrog Investments.
The round includes $200 million Series E equity and $50 m... |
| Oct 13, 2021 | D2C greengrocer Fraazo raises $50 million from WestBridge, others | ETtechFounded in 2019, Fraazo owns the integrated supply chain for fresh produce, enabling swift movement, ensuring timely deliveries and reducing food wastage.
Mumbai: Fraazo, a direct-to-consumer (D2C) brand in the fresh vegetables and fr... |
| Oct 13, 2021 | Blockchain startup Arcana Network raises $2.3 million from Republic Crypto, others | ETtechArcana founders (from left) Abhishek Chaudhary, Mayur Relekar and Aravindh Kumar
Mumbai: Arcana Network, a blockchain startup that offers decentralised storage and data privacy platform for Ethereum, has raised $2.3 million led by Rep... |
| Oct 13, 2021 | Exclusive: Pristyn Care in talks to close new round at over $1.2 billion valuation | ETtechPristyn Care, cofounded by Harsimarbir Singh (centre) along with doctors Vaibhav Kapoor and Garima Sawhney, differentiates itself from hospitals by providing end-to-end healthcare services.
Mumbai: Pristyn Care, a three-year-old Gurug... |
| Oct 13, 2021 | Melorra gets $24 million funding from 9Unicorns, others | ETtechSaroja Yeramilli, founder and chief executive of Melorra.
Mumbai: Direct-to-consumer jewellery brand Melorra has raised $24 million in a funding round led by 9Unicorns, Symphony International Holdings Limited, Value Quest, Venture Cat... |
| Oct 12, 2021 | Neobanking startup Open raises $100 million from Temasek, Google, others | ETtechOpen founders.
Bengaluru: Neobanking startup Open has raised $100 million in a funding round led by Singapore’s sovereign wealth fund Temasek, along with participation from other new investors like tech major Google, card operator Vis... |
| Oct 12, 2021 | Silk B2B startup ReshaMandi raises $30 million in funding | ETtech(From left) Saurabh Agarwal, chief technology officer, Mayank Tiwari, CEO and Utkarsh Apoorva, cofounder and CBO at ReshaMandi
ReshaMandi, a business-to-business marketplace focused on silk products, has raised $30 million, or about R... |
| Oct 12, 2021 | Crypto analytics firm Elliptic raises $60 million from SoftBank, others | Shutterstock.comElliptic, established in 2013, tracks the movement of cryptocurrencies on blockchain - the technology underpinning them - to help financial crime compliance.
London: Cryptocurrency analytics firm Elliptic said on Monday it h... |
| Oct 12, 2021 | Hubilo raises $125 million in round led by Alkeon Capital | ETtechHubilo founders Mayank Agarwal and Vaibhav Jain.
New Delhi: Virtual and hybrid events platform Hubilo on Tuesday said it has raised $125 million (about Rs 943 crore) in funding, led by Alkeon Capital. Lightspeed Venture Partners and B... |
| Oct 12, 2021 | M2P Fintech raises funds from Tiger Global, others at $335 million valuation | ETtechMadhusudan R, cofounder and chief executive, M2P Fintech.
Mumbai: M2P Fintech, which specialises in providing digital banking infrastructure to other fintech firms as well as banks, has raised $35 million in a Series C funding round l... |
| Oct 12, 2021 | Edtech startup Creative Galileo raises $2.5 million in funding from Kalaari Capital, others | ETtechIllustration: Rahul Awasthi
Edtech startup Creative Galileo has raised $2.5 million in a round led by Kalaari Capital contributing $2.1 million and remaining from angel investors such as Harish Bahl, Shashin Shah, Jinesh Patel, Atul N... |
| Oct 12, 2021 | FloCareer raises $5.7 million from Data Point Capital, others | ETtechMohit Jain and Mehul Bhatt, cofounders, and chief operating officer and chief executive officer, respectively, of FloCareer.
Bengaluru: FloCareer, a business-to-business startup that is ‘Uberizing’ white and grey collar job interviews... |
| Oct 11, 2021 | Investors line up for cloud kitchens, online food delivery brands | AgenciesCloud kitchens are facilities set up for the preparation of delivery-only meals.
Mumbai: Hygiene BigBite — a cloud kitchen backed by Serial entrepreneur K Ganesh — has raised $15 million from Falcon Edge, two people familiar with th... |
| Oct 11, 2021 | Policybazaar subsidiary invests $7.5 million in Visit Health | ETtechIllustration: Rahul Awasthi
Health tech startup Docprime, a subsidiary of Policybazaar parent PB Fintech, said it has invested $7.5 million in AI-driven telehealth and wellness platform Visit Health as part of its Series A funding rou... |
| Oct 10, 2021 | AMO Mobility plans to raise around $200 million in three years to fund expansion | AgenciesAMO Mobility looks to invest at least 40% of the total budget towards development of futuristic technology.
New Delhi: Electric mobility startup AMO Mobility plans to raise around $200 million (nearly Rs 1,500 crore) in the next thr... |
| Oct 9, 2021 | Ola Electric said to raise $200 million at over $5-billion valuation | AgenciesOla Electric currently sells two electric scooters — the S1 and S1 Pro.
New Delhi: Ola Electric has raised $200 million, or about Rs 1,500 crore, from a clutch of investors in a fresh funding round, valuing the electric vehicle make... |
| Oct 9, 2021 | Byju's raising Rs 2,200 crore in new round at $18 billion valuation | ETtechByju Raveendran, cofounder, Byju's
Bengaluru: Edtech major Byju's has raised an additional funding of around ₹2,200 crore led by Oxshott Venture Fund, regulatory filings sourced through business intelligence platform Tofler showed. Ed... |
| Oct 8, 2021 | Exclusive: CarDekho set to turn unicorn with Mirae, AIA Group-led funding round | AgenciesCarDekho is targeting a double-digit market share in India’s pre-owned cars space over the next five years but faces stiff competition from Cars24, Spinny and now Ola Cars.
Mumbai: Automobile marketplace CarDekho is in advanced talk... |
| Oct 8, 2021 | Short-video app Chingari raises $19 million in crypto funding | ETtechChingari CEO Sumit Ghosh.
Mumbai: Chingari, a short-video sharing platform, has raised $19 million in crypto tokens from over two dozen venture funds and individuals, including RepublicCrypto, Solana Capital and Kraken, a US-based cry... |
| Oct 8, 2021 | ETtech Deals Digest: Three more unicorns, Byju’s gets even bigger | Agencies
Mumbai: India’s biggest startup got even bigger in the week to Oct. 8, even as the unicorn club added three more members. The ‘Unicorn Class of 2021’ has 31 startups now.
Byju’s $300 million funding round
Byju’s is raising Rs 2,200... |
| Oct 8, 2021 | Log 9 Materials raises $2 million from Petronas Ventures | ETtechAkshay Singhal, cofounder and CEO, Log 9 Materials.
Bengaluru: Log 9 Materials, a startup building advanced lithium-ion battery and fuel cell technologies, has raised $2 million in funding from Petronas Ventures, the venture capital a... |
| Oct 7, 2021 | LetsVenture's equity management platform trica bags $3 million in seed funding | ETtechIllustration: Rahul Awasthi
LetsVenture, a startup investment marketplace, has launched a unified platform for equity management and private market investments - trica.
The new business entity has secured $3 million in seed funding fr... |
| Oct 7, 2021 | Twin Health raises Rs 1,000 crore to scale its Whole Body Digital Twin technology | ETtechJahangir Mohammed, founder and CEO of Twin Health.
Chennai: Twin Health, makers of the Whole Body Digital Twin precision health technology on Thursday announced $140 million (Rs 1,000 crore) in Series C funding as it is looking to sca... |
| Oct 7, 2021 | Stader Labs raises $4 million in round led by Pantera Capital | ETtechStader Labs founders Amit Gajjala and Sidhartha Doddipalli.
Mumbai: Stader Labs, a cryptocurrency staking management platform, has raised $4 million in a seed round, led by Pantera Capital.
Coinbase Ventures, True Ventures, Jump Capit... |
| Oct 7, 2021 | Startup lender UC Inclusive Credit receives first ECB from US DFC | Getty Images
Mohandas Pai's Aarin Capital Partners-backed start-up lender UC Inclusive Credit (UCIC) has received its first external borrowing from America's International Development Finance Corporation (DFC). The loan—$5 million (Rs 37 cr... |
| Oct 6, 2021 | Qapita raises $15 million in quest to build an ‘operating system’ for private markets | ETtech(From left) Qapita cofounders Ravi Ravulaparthi, Lakshman Gupta and Vamsee Mohan.
Mumbai: Qapita, an equity management platform, has raised $15 million in a Series A funding round led by East Ventures and Vulcan Capital to build an “o... |
| Oct 6, 2021 | Bootstrapped Ozonetel Communications gets first funding in 14 years | Agencies
Bengaluru: Ozonetel Communications, a provider of cloud communication services, has raised its first institutional capital in nearly one-and-a-half decades to make the most of the covid-induced surge in demand for remote working so... |
| Oct 6, 2021 | Andreessen Horowitz's first India bet makes CoinSwitch Kuber a unicorn | ETtechCoinSwitch Kuber was founded by (from left) Vimal Sagar Tiwari, Govind Soni and Ashish Singhal as a global aggregator of cryptocurrency exchanges.
Mumbai | Bengaluru: CoinSwitch Kuber, a cryptocurrency platform for retail traders, has... |
| Oct 6, 2021 | Rakesh Jhunjhunwala-backed Nazara raises Rs 315 crore from marquee investors | ETtechNazara Technologies CEO Manish Agarwal
Nazara Technologies, India's first listed gaming company that is backed by billionaire investor Rakesh Jhunjhunwala, has raised Rs 315 crore from marquee investors by issuing fresh equity to them... |
| Oct 6, 2021 | GetVantage launches Bounce Back Capital to help brands during festive season | ETtechIllustration: Rahul Awasthi
GetVantage, a revenue-based financing fintech, on Wednesday said it has allocated an initial corpus of $5 million that will be deployed through its founder’s platform to help brands of India rebound this fe... |
| Oct 6, 2021 | Sunstone Eduversity raises $28 million from WestBridge, others | Getty ImagesSunstone has now raised close to $34 million so far, including the latest round.
Bengaluru: Sunstone Eduversity, an edtech startup offering higher education programmes, has raised $28 million in a Series B funding round led by W... |
| Oct 6, 2021 | kWh Bikes raises $2 million in seed funding from LetsVenture, others | ETtechKartik Gupta (left) and Siddharth Janghu, cofounders, kWh Bikes
Bengaluru: Electric scooters startup kWh Bikes has raised $2 million in a seed round led by LetsVenture, and participation from Better Capital and Cloud Capital.
The roun... |
| Oct 5, 2021 | Tekion Corp raises $250 million, valuation trebles in just one year | PTITekion Corp, founded by former Tesla executives Jay Vijayan and Guru Sankararaman, was worth $1 billion when it raised $140 million in October 2020.
Bengaluru: Tekion Corp, a cloud-native platform for automotive retail industry, has rais... |
| Oct 5, 2021 | Esper gets $60 million in funding led by Insight Partners | ETtechIllustration: Rahul Awasthi
Android DevOps platform Esper has raised $60 million in Series C funding led by Insight Partners, along with participation from existing investors including Scale Venture Partners, Madrona Ventures and Root... |
| Oct 5, 2021 | 100ms raises $4.5 million in seed funding from Accel, others | ETtechFounded in October 2020 by Kshitij Gupta, Aniket Behera and Sarvesh Dwivedi, 100ms provides infrastructure that allows a company, in any sector, to add Zoom-like video conferencing inside their app.
Mumbai: Live video infrastructure p... |
| Oct 5, 2021 | Chalo raises $40 million in Series C led by Lightrock, Filter Capital | Bengaluru: Chalo, an app which helps riders track buses across cities, on Tuesday announced that it has raised about $40 million in its Series C funding round led by Lightrock India and Filter Capital. The round also saw participation from ... |
| Oct 5, 2021 | Hyperface gets funding from Cred founder Kunal Shah, others | Getty Images
New Delhi: Hyperface Technologies, which designs co-branded credit cards for ecommerce firms and fintech startups, has raised $1.3 million from Cred founder Kunal Shah, Better Capital and Global Founders Capital, among others.
... |
| Oct 4, 2021 | Insurtech startup GramCover raises $7 million in Series A funding | AgenciesThe fundraise also saw the participation of Stride Ventures along with existing backers Omidyar Network India, Flourish Ventures and Emphasis Ventures (EMVC).
Mumbai: Insurtech startup GramCover on Monday said it has raised $7 milli... |
| Oct 4, 2021 | Smartstaff raises $4.3 million from Blume Ventures, others | AgenciesThe funding is part of the rising trend where risk investors are rushing into back platforms that are streamlining hiring and management of the blue-collared workforce.
Mumbai: Blue-collar workforce management platform Smartstaff ha... |
| Oct 4, 2021 | Progcap raises $30 million funding from Tiger Global, Creation Investments, others | ETtechFounded in 2017, by Pallavi Shrivastava and Himanshu Chandra, the company is backed by Sequoia Capital India, Tiger Global, GrowX, Creation Investments, Axis Capital and others.
Mumbai:
Fintech startup Progcap has raised $30 million i... |
| Oct 1, 2021 | Unacademy allocates $20 million to group firm Relevel | AgenciesThe fundraise comes within four months of the launch of Relevel, on the back of strong traction witnessed in user growth, hiring company partnerships, and placement rate.
Bengaluru: Edtech startup Unacademy has allocated $20 million... |
| Oct 1, 2021 | Alteria Capital announces first close of its second fund at Rs 1,800 crore | ETtechAjay Hattangadi and Vinod Murali (right), cofounders, Alteria Capital
Alteria Capital has announced the final close of its second fund at Rs 1,800 crore, the largest venture debt fund to be raised in India so far.
This comes on the ba... |
| Oct 1, 2021 | ETtech Deals Digest: The unicorn stampede | ETtechIllustration: Rahul Awasthi
India minted another
unicorn this week with edtech platform Vedantu becoming the 28th startup in 2021 to enter the coveted club of companies with a valuation of $1 billion or more.
Meesho, Ola Electric, OfB... |
| Oct 1, 2021 | OfBusiness valuation nearly doubles to $3 billion after Tiger Global-led funding | ETtechOfBusiness team
OfBusiness, a business-to-business (B2B) commerce startup, has raised $207 million in fresh funding led by New York-based investment fund Tiger Global.
Its valuation post-money has nearly doubled to around $3 billion f... |
| Sep 30, 2021 | Fidelity, B Capital lead $570 mn funding in Meesho, valuation more than doubles to $4.9 bn | ETtechFounded in 2015 by Vidit Aatrey (left) and Sanjeev Barnwal, Meesho started as a reseller platform for women entrepreneurs. This year, it started focusing on selling directly to consumers in direct competition with Flipkart and Amazon ... |
| Sep 30, 2021 | InnoVen Capital raises Rs 740 crore towards first close of new fund | Getty ImagesInnoVen has executed over 250 transactions with more than 180 startups.
Mumbai: Venture debt firm InnoVen Capital has raised Rs 740 crore ($100 million) towards the first close of its new fund. The target corpus of the fund is R... |
| Sep 30, 2021 | Ola Electric gets $200 million funding at $3 billion valuation | AgenciesThe announcement of the fundraising comes two weeks after Ola Electric sold scooters worth Rs 1,100 crore within two days.
Mumbai: Ola Electric has raised more than $200 million from Falcon Edge, SoftBank Group and others at a valua... |
| Sep 30, 2021 | AlphaSense bags $180 million in Series C funding | ETtechRaj Neervannan, CTO and cofounder of AlphaSense
AI-driven market intelligence platform, AlphaSense, on Thursday announced that it has raised $180 million in its Series C funding round led by Viking Global Investors.
The company, which... |
| Sep 30, 2021 | BP leads $25 million funding round in EV ride-hailing startup BluSmart | BluSmart is India's first and largest integrated EV ride-hailing and charging company, and aims to deliver safer, cleaner and more sustainable mobility.
New Delhi: BP Ventures has made its first direct investment in India by pumping in $13 ... |
| Sep 29, 2021 | Student-focused VC gradCapital launches $500,000 fund for women founders | ETtechIllustration: Rahul Awasthi
Student-focused venture capital firm gradCapital on Wednesday said it is launching a $500,000 fund directed towards female founders named 'Entreprenher'. The Entreprenher team comprises female founders acro... |
| Sep 29, 2021 | SBI exploring ways to back startups with debt financing | AgenciesState Bank of India is doing equity funding through SBI Ventures and recognises that the country needs to support the startup culture, a senior executive says.
Kolkata:
State Bank of India is trying to work out a way to debt finance... |
| Sep 29, 2021 | Exotel bags $35 million in funding led by Sistema, others | ETtechIllustration: Rahul Awasthi
Cloud telephony company Exotel has raised $35 million in its Series C funding round, led by Sistema, CX Partners and existing investor A91 Partners.
IIFL, Synergy Capital, and existing investor Blume Ventur... |
| Sep 29, 2021 | CredAvenue raises $90 million in India's biggest Series A funding round | ETtechCredAvenue founder Gaurav Kumar
Mumbai: CredAvenue has raised $90 million in a Series A funding round, led by Sequoia Capital and co-led by others such as Lightspeed Venture Partners, TVS Capital Funds and Lightrock India.
The round v... |
| Sep 29, 2021 | MFine raises $48 million from Moore Strategic Ventures, BEENEXT, others | MFine founders (left to right) Ashutosh Lawania and Prasad Kompalli.
New Delhi: Digital health startup MFine on Wednesday said it has raised $48 million (about Rs 356.1 crore) in funding, co-led by Moore Strategic Ventures and BEENEXT. The ... |
| Sep 28, 2021 | Leena AI gets $30 million funding from Bessemer, B Capital | ETtechFounded in 2017 by Adit Jain (in photo), Mayank Goyal and Anand Prajapati, the AI-powered employee helpdesk currently has around three million users across 60 countries.
Mumbai: Leena AI, an enterprise software-as-a-service company, h... |
| Sep 28, 2021 | MyGlamm gets additional Rs 255 crore funding as part of Series C round | ETtechIllustration: Rahul Awasthi
MyGlamm has raised an additional Rs 255 crore in a mix of debt and equity as part of its Series C funding round, a cofounder of the direct-to-consumer beauty brand said.
This takes the total proceeds in thi... |
| Sep 28, 2021 | Gaming company Kepler raises $120 million from China's NetEase | Reuters
Stockholm: Kepler Interactive, a game publisher co-owned and run by developers, on Tuesday said it got $120 million in funding from Chinese gaming firm NetEase Inc.
The group, formed with seven gaming companies including Alpha Chann... |
| Sep 28, 2021 | Capital Float raises $50 million from Lightrock India, others | Gaurav Hinduja (left) and Sashank Rishyasringa, co-founders of Capital Float.
Mumbai: Digital lending startup Capital Float has raised $50 million in a round led by private equity firm Lightrock India. The equity round also saw participatio... |
