Foodtech startup, based in Mumbai, Thrive has secured an undisclosed Pre-Series A investment from Whiteboard Capital and Ahimsa Capital. The firm plans to use the funds raised to augment its product offering and to add new restaurants to its platform. To make Thrive more accessible to restaurants that are small or independent, the startup will…
Category: Investment
EY announces acquisition of Zilker Technology
by
•Ernst & Young announced that Zilker Technology (Zilker), a digital consultancy and systems integrator, has joined the EY organization. The acquisition will help elevate its global e–commerce, digital and cloud capabilities, EY said in a statement. “As businesses continue to tackle large-scale transformation initiatives, this acquisition offers EY clients the unique ability to build engaging,…
US-based Padre Media acquires India-based consumer tech content destination Guiding Tech
by
•Padre Media, a leader in the Digital Publishing space focussed in consumer technology, has announced its latest acquisition of guidingtech.com – a leading technology and how-to site for all things tech. Apart from this, the company also acquired top global YouTube channels Guiding Tech and GT Hindi. “Guiding Tech is a leading technology destination for…
True Balance bags $28 mn from SoftBank Ventures Asia, others
by
•A mobile financial platform developed by Gurugram-based Balancehero India Pvt. Ltd has raised $28 million in series D funding round. SoftBank Ventures Asia, Naver, BonAngels, Daesung Private Equity, and Shinhan Capital participated in the funding round. Headquartered in Seoul and Gurgaon, the fintech firm has raised about $90 million to date. The firm will use…
Delhi-based personal care startup Arata raises $1 mn in pre-Series A funding round
by
•Arata, a Delhi-based personal care startup that sells nature-derived, vegan and chemical free unisex skin and hair care products, announced it has raised $1 million in pre-Series A funding round from Nikhil Vora (Founder and CEO of Sixth Sense Ventures) and Rohan Vaziralli. Existing investor DSG Consumer Partners also participated in the funding round. The…
Deep Tech Content Startup Instoried raises Rs 3.2 crore from Mumbai Angels, others
by
•Instoried Research Labs Pvt. Ltd, an artificial intelligence driven deep tech Content Startup has raised Rs 3.2 crore in the second round of investment. This round was led by Mumbai Angels Network and other investors. The startup has raised around Rs 7 crore in a pre-Series A fundraise. Founded in 2018, the Bengaluru-based startup is…
MediaTek acquires Intel’s Enpirion power solutions business for $85mn
by
•MediaTek, a Taiwan-based global fabless semiconductor company, has acquired Intel Enpirion power management chip product line-related assets, via its subsidiary Richtek, for about $85 million, as per media reports. Post acquisition, MediaTek aims to expand its product line to offer integrated power solutions used in FPGA, SoC, CPU, and ASIC for the enterprise-level system applications.…
Healthtech startup Prescribe raises Rs1 cr in seed funding
by
•Prescribe, a healthtech startup that provides IT solutions to doctors, clinics & hospitals by leveraging user friendly platforms, has raised Rs 1 crore in seed funding round led by Titan Capital, along with AngelList syndicate and Curofy founders. The startup will use the current financing to fuel expansion, grow its sales team, engage in strategic…
Indian healthtech firm – Clinikk raises undisclosed funds
by
•Indian Healthcare start-up, Clinikk has raised undisclosed funds in its Pre-Series A funding round from Emphasis Ventures, a financial technology Venture Capital Company. The round also saw participation from existing investors – Times Internet, WEH Ventures, First Principles and 500 Startups’ 500 Durians fund. Angel investors including former product vice president at Google, Anjali Joshi…
Blue Planet secures $10 mn investment from Sysma Holdings
by
•Blue Planet, a Singapore-headquartered company driving regional sustainability through technology-driven and IP based end-to-end solutions for waste management and upcycling, has announced an investment of US$10 million from Sysma Holdings Limited, a Singapore-listed investment holding. The investment will be used to deploy integrated, inclusive and sustainable waste management solutions around the region, the company said…
Zeotap bags $18.5 mn Series C funding from SignalFire
by
•Zeotap, a Customer Intelligence Platform (CIP) that helps companies better understand their customers and predict behaviors, announced it has raised an additional $18.5 million in Series C funding round from SignalFire, a data-driven venture capital firm. The company has also added Chris Scoggins and Taylor Barada to its board. The latest investment was made from…
US-based Foxx Life Sciences opens new Asia headquarters and distribution center in India
by
•Foxx Life Sciences, a privately held world leader in custom single-use systems, has announced that it will open the new international Asia headquarters in Medchal, Hyderabad, India. The latest expansion comes with strong growth and performance in Asia and the continued expansion of Biopharmaceutical manufacturing in the region. “Foxx is proud to expand in Asia…
Turtlemint raises $30 mn in Series D funding led by GGV Capital
by
•Turtlemint, a Mumbai-based insurance-technology platform, has raised $30 million in a Series D funding round led by global venture capital firm GGV Capital. Other investors American Family Ventures, MassMutual Ventures and SIG, along with existing investors Sequoia Capital India, Blume Ventures, Nexus Venture Partners, Dream Incubator and Trifecta Capital participated in the round. Founded in…
Mumbai-based PlayerzPot raises around $3 mn in Series A funding round
by
•Fantasy gaming startup PlayerzPot announced that it has raised around $3 million in Series A funding round, according to YourStory report. The startup will utilise the current funds to expand its verticals and introduce concepts to enhance user experience, make advancements in RMG, and its overall brand building. Commenting on the development, Yogesh Doiphode, Founder…
NSE Academy acquires majority stake in ed-tech firm TalentSprint
by
•NSE Academy Limited, a wholly owned subsidiary of the National Stock Exchange of India Ltd (NSE) announced acquisition of Deep Tech education firm TalentSprint Private Ltd. Headquartered in Hyderabad, the ed-tech company is an education technology provider in the professional learning and executive education space. Its acquisition will augment NSE Academy’s objective to expand its…