MoneyTap, an instant loan service provider, has raised ₹500crores in a Series B funding round led by Aquiline Technology Growth (ATG), RTP Global and Sequoia India. Existing investors Prime Venture Partners and MegaDelta have also participated. The company was founded by Bala Parthasarathy, Kunal Verma, and Anuj Kacker in 2015. The company will use these…
WizKlub, a program that builds Higher Order Thinking Skills(HOTS) in kids, has raised ₹7crore in a seed funding round led by Incubate Fund India, with participation from Insitor Impact Asia Fund. The company was founded by Amit Bansal in 2018. The company will utilize these funds for product and market expansion. In a media statement,…
InterviewBit, a platform to learn skills that you need for technological jobs, has raised $20 million in a Series A financing round led by Sequoia India and Tiger Global. The company was founded by Abhimanyu Saxena and Anshuman Singh in 2015. The company will utilize these funds to scale up enrolment and launch itself in…
Hostel chain Tribe Theory recently announced that it has raised $3.5million from venture Capitalist Tim Draper. The international entrepreneur-focused hostel chain, Tribe Theory was founded in Singapore by Vikram Bharati. The company entered the Indian market after the acquisition of Construkt Startup Hostels founded by Shashikiran Rao and Karan Bahadur. With the recent fundraising, the…
Bizongo, a B2B packaging materials marketplace has raised $30 million in Series C round of funding. The fresh round of funding is led by Schroder Adveq, a Zurich-based hedge fund; along with its existing set of investors, as per the company’s announcement. Earlier, Bizongo, the Mumbai-based company, had raised $22 million in its Series B…
Invento Makerspaces has recently raised ₹2cr in seed funding from Pune-based VC firm Windrose Capital and Mumbai-based ITI Growth Fund. Invento Makerspace is the maker of Mitra Robot which greeted Prime Minister Narendra Modi and Ivanka Trump at the Global Entrepreneurship Summit 2017 held in Hyderabad. Currently, Mitra is being used by companies such as…
American hedge fund company, Tiger Global Management, has closed a $3.75 billion global private investment vehicle, as per media reports. India will be among the three key focus geographies for the new vehicle – Tiger Global Private Investment Partners XII – along with China and the US. The firm had emerged as one of the…
Konfinity, an online coding course provider, has raised its seed funding from AngelList and a cluster of other investors. The company was founded by Navratn Singh and Kamal Pandey in 2017. The company will utilize these funds to expand the startup’s services to over 100 colleges across 12 cities in the next six months. In…
INDwealth, an AI driven financial advisory engine for High Net Worth Individuals (HNI), is now raising its Series C funding round from existing and new investors. The company was founded by Ashish Kashyap, Pratiksha Dake and Varun Bhatia in 2018. The company has raised over $45 million funding in its last two rounds from Steadview…
Noida-based Info Edge has recently announced the launch of its maiden venture capital fund to back tech start-ups in India. Info Edge, which is also the parent company of the online job listing platform Naukri.com, is widely known for backing Zomato and PolicyBazaar. Naming it as Info Edge Venture Fund (IEVF), the new entity is…
TechnifyBiz, an online B2B platform to buy wholesale dry fruits, has raised $2 million in its seed round of funding from agritech-focused venture capital investor Omnivore and social venture capital fund Insitor Impact Asia Fund. The startup was founded by Akash Sharma and Abhishek Agarwal in 2017. Earlier, it had raised angel funding from R…
Eupheus Learning, an ed-tech company, has raised $4.3 million in its Series A round funding through a mix of equity and venture debts. The company was founded by Sarvesh Shrivastava, Ved Prakash Khatri, and Amit Kapoor in 2017. The company will utilize these funds to increase nationwide presence, develop new product offerings, and expand the…
LogiNext, a SaaS company providing solutions to manage and optimize logistics and field service operations, has raised $39 million funding from US-based marquee investors Tiger Global Management and Steadview Capital. The company was founded by Dhruvil Sanghvi and Manisha Raisinghani in 2014. Earlier, it had raised $10 million in a Series A round led by…
Samosa Singh, a Bengaluru-based food startup, announced that the company has raised $2.7 million in a Series A round of funding led by She Capital. The round also saw participation from other investors that include Fireside Ventures, Equanimity Investments, AL Trust, and Japan-based AET Fund. The company will use the funds to scale up its…
Pine Labs, an Indian merchant fintech platform based in Gurugram, announced that it has raised an investment from Mastercard. The amount raised remains undisclosed. As per the company’s press statement the investment is part of a partnership to keep the growth of different electronic payment options for consumers continue across the region. Lokvir Kapoor, Founder…