Treebo Hotels, the Bengaluru-headquartered budget hospitality chain, announced that it has raised ₹10 crore from a group of angel investors. The list includes Vijay Shekhar Sharma, founder and CEO of Paytm; Jaydeep Barman, co-founder and CEO of Rebel Foods (Faasos); and Deepak Parayanken, Managing Director of Mozambique Holdings. Shantanu Deshpande, co-founder and CEO of Bombay…
Freshokartz Agri Products Pvt. Limited, a Jaipur-based agri-tech startup that provides soil data based crop and fertilisers to farmers, announced it has received $1.4 million in pre-series A funding from Rajasthan Venture Capital Fund (RVCF) and AWE (Achieving Women Equity) Funds. The company will utilise the funds raised for expansion within Rajasthan and other nearby…
FreshToHome, the Bengaluru-based online fish and meat ecommerce startup, announced it has raised $121 million in Series-C funding round led by Investment Corporation of Dubai (ICD). Other investors that participated in the funding round are Investcorp, Ascent Capital, DFC, and the Allana Group. Existing investor Iron Pillar invested $19 million in the current funding round. Commenting…
Betterplace, a Bengaluru-based tech platform delivering digital solutions for blue-collar workforce management throughout the value chain, announced that it has raised $10 million in a Series B funding round led by Jungle Ventures. Existing investors that participated in the funding round are Unitus Ventures, 3One4 Capital, and Venture Highway. Post this funding, the company is…
Nexus Venture Partners, Jumbofund, Siddhi Capital, Pimpernal Holdings, Reaction Fund, HNIs and a few industry leaders also participated in the series B2 round.Wholesale online marketplace for Kirana Stores, Jumbotail has raised $11 million in series B2 funding round led by Heron Rock. Nexus Venture Partners, Jumbofund, Siddhi Capital, Pimpernal Holdings, Reaction Fund, HNIs and a…
InVideo, a video creation platform to create video ads, promo videos, social media videos and more has announced that it has raised $15 million in Series A funding led by Sequoia Capital India. Other investors that participated in the Series A funding round are Tiger Global, Hummingbird, RTP Global, and Base Ventures. The online video…
Origo, a complete post-harvest management services for agricultural commodities has said that it has raised Rs 35 crore debt from Northern Arc Capital and other investors, according to PTI report. Origo group firms Origo Commodities and Origo Finance, will use the fund for securitizing the agricultural markets and streamlining the supply chain mechanism for agri…
Hubilo, a global intelligent virtual events platform that brings Experience & Intelligence together, announced that it has raised $4.5 million in a seed funding led by Lightspeed Venture Partners. Angel investors that participated in the current financing round include Freshworks chief executive Girish Mathrubootham, former LinkedIn India CEO Nishant Rao and Slideshare cofounder Jonathan Boutelle. …
Rokt, the global leader in e-commerce technology, announced it has raised $80 million in Series D funding round led by TDM Growth Partners. Existing investor Square Peg also participated in the funding round. Post funding, Rokt’s valuation has increased to $450 million. The company will use the capital to accelerate research & development and support…
Svami, a Mumbai-based FMCG startup that sells non-alcoholic aerated beverages, announced that it has raised Rs 6.5 crore in a bridge round led by Mumbai Angels Network, according to YourStory report. Other investors that participated in the funding round are Rukam Capital Trust; Niren Shah, Managing Director of Norwest Venture Partners; and Ashish Chand’s family…
Jumbotail, a B2B e-commerce marketplace for food and grocery products, announced that it has raised $11 million as part of its Series B2 funding round led by Heron Rock. Other investors that participated in the current funding round include Jumbofund, Nexus Venture Partners, Siddhi Capital, Reaction Fund, Pimpernel Holdings and a group of HNIs. Founded…
Tech Mahindra, a part of the Mahindra Group that offers innovative and customer-centric information technology experiences, announced the strategic acquisition of Momenton, a digital enterprise technology firm, offering consultancy and implementation services, and Tenzing Limited, a technology consulting company. According to the press statement, Tech Mahindra has acquired 100% equity in both the organizations, and…
Aditya Birla Fashion and Retail Limited (ABFRL) has announced that it has approved the raising of Rs. 1500 crore by way of preferential issue to Flipkart Group, according to the company’s exchange filings. With this infusion, Flipkart Group will own 7.8% equity stake in ABFRL on a fully diluted basis. The promoter and promoter group…
NeoDove, a leading AI driven contact center automation platform, announced that it has raised an undisclosed amount of funding led by Ankit Garg, founder of WakeFit and others. The startup boasts of over 100 clients from 16 states across Finance, Education, Automobile, NGOs and other industries. More than 1000 users are using their solution for…
AhaGuru, a Chennai-based online learning platform, announced that it has raised a Series A funding round led by an investment firm managed by Anand Mahindra’s family office. The company will use the funds to develop new technology features and online courses for high school students and increase its student base across the country as well…