Bharti Airtel announced that it has acquired a strategic stake in Voicezen, an early stage startup focused on conversational AI technologies. The acquisition has been made by the company under its fast expanding Airtel Startup Accelerator Program. Gurugram-based Voicezen has been working on developing advanced solutions that leverage machine learning, AI, speech to text and…
Category: Investment
Abu Dhabi-based ADQ launches $300 mn VC fund to bet on Indian startups
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•ADQ, a public joint stock company headquartered in Abu Dhabi has announced a new $300 million venture capital fund, Alpha Wave Incubation or AWI Fund. The AWI Fund will be investing in early-stage startups across South-East Asia and India, and help them set up base in Abu Dhabi’s Masdar City. According to media reports, AWI…
Mental wellness startup No Worry No Tension Healthcare raises funds from Dabur Chairman Amit Burman
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•Amit Burman, Chairman of Dabur India, said that he has made an investment in emotional and mental wellness platform No Worry No Tension Healthcare (NWNT) as a part of pre-series A funding, according to an ET report. Confirming the development, Burman, said, “This can potentially cause disruption in a society that’s craving for uplift. Stress…
Gurugram-based women-focused network leap.club raises $340K in pre-seed funding
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•leap.club, a Gurugram-based community-led professional network for women, announced that it has raised $340,000 in its Pre-Seed round of funding. The funding round saw participation from Whiteboard Capital (Sandeep Tandon’s VC fund), FirstCheque, Artha India Ventures, Sweta Rau (Founder, White Ventures), Amrish Rau (CEO Pinelabs, Founder Citrus Pay), Deepak Abbot (Former SVP, Paytm), and Harpreet…
Mumbai-based Riskcovry raises pre-Series A funding led by Bharat Inclusion Seed Fund
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•Riskcovry, a Mumbai-based Insurtech startup that helps its customers with SaaS & API-first platform, announced that it has raised an undisclosed amount in its pre-Series A round from Bharat Inclusion Seed Fund, Varanium Capital, and Better Capital. Saras Agarwal, Principal at Bharat Inclusion Seed Fund, said, “Riskcovry brings a fresh approach to digital distribution for…
Amwell raises $194 mn Series C funding from a clutch of investors
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•Amwell, a leading telehealth platform in the United States and globally, connecting and enabling providers, insurers, patients, and innovators to deliver greater access to more affordable, higher quality care, announced that it has closed its Series C financing round, adding $194 million in funding across two tranches. Many early investors and strategic partners participated in…
Gurugram-based Xtracap Fintech raises $1 mn in angel funding
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•Xtracap Fintech, a Gurugram-based startup which is designed to accelerate local GDP by moving small businesses in small towns from unorganized to organized environment, announced that it has raised $1 million in angel round of funding. The company plans to access 500,000 small businesses in a serviceable market of 8 million retailers in small cities…
Edtech streaming platform MasterClass raises $100mn in Series E funding
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•Edtech streaming platform MasterClass recently announced that it has raised $100million in Series E funding round. The fundraiser was led by Fidelity Management & Research Company with participation from new investors including Owl Ventures, 01 Advisors. Existing investors NEA, IVP, Atomico, and NextEquity also participated in the funding round. Founded in 2015, the streaming platform…
CreditMantri to raise funds from existing investors Chiratae, Elevar, Accion Labs
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•CreditMantri, a Chennai-based data-driven platform that provides credit and financial reports to users based on their credit history, is set to raise a little over Rs six crore from a clutch of existing investors, according to a VCCircle report. According to regulatory filings, the company has issued and offered 1.11 lakh Series B4 compulsorily convertible…
Mumbai-based Tring raises funds from a clutch of investors
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•Tring, a Mumbai-based celebrity engagement platform, announced it has raised funds from top entrepreneurs and startup investors including Kalyan Krishnamurthy of Flipkart, Sujeet Kumar of Udaan, Gaurav Munjal of Unacademy, Keshav Sanghi of VentureWorks India, Roman Saini of Unacademy, Hemesh Singh of Unacademy, and Sumit Jain of Opentalk amongst others. Earlier, the startup had raised…
Tapcart raises $10 mn Series A funding led by SignalFire
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•Tapcart, a US-based mobile commerce SaaS platform that integrates directly with Shopify, enabling brands to quickly and easily build native mobile apps for their eCommerce stores, announced that it has secured an additional $10 million in Series A funding led by SignalFire with the participation of previous investors, Greycroft and Amplify. Till now, Tapcart has…
Fintech startup Khatabook raises $60mn in Series B funding
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•Surge-backed fintech startup Khatabook recently raised $60million in Series B funding round. The funding round was led by Facebook co-founder Eduardo Saverin’s B Capital. Khatabook helps small businesses record financial transactions digitally and accept payments. The funding round saw participation from a clutch of new and existing investors including Sequoia India, Partners of DST Global,…
Gurugram-based startup Blue Sky Analytics raises funding
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•Blue Sky Analytics, a Gurugram-based geospatial data intelligence startup focused on environmental monitoring & climate risk assessment, announced it has received $360,000 from a couple of philanthropic organisations, according to a VCCircle report. The company has received much of this capital from the Patrick McGovern Foundation and Schmidt Futures, which are associated with International Data…
Cyberbit raises $70 mn from Charlesbank Capital Partners
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•Cyberbit, an Israel-based startup that provides a unified, product suite for threat detection, incident response, and simulated training, across IT, OT, and IoT, announced that it has received an investment of $70 million from Charlesbank Technology Opportunities Fund, a fund managed by Charlesbank Capital Partners. The deal is a combination of a primary investment and…
Chennai-based Vakilsearch secures funding from Udaan co-founder Sujeet Kumar
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•Vakilsearch, a Chennai-based online professional services platform for lawyers, corporate bodies, and professionals in India, announced it has raised an undisclosed sum from technology growth investor and the Co-founder of B2B ecommerce platform Udaan, Sujeet Kumar, according to a media report. Vakilsearch CEO Hrishikesh Datar said, “At Vakilsearch, we have always focussed on providing businesses…