Livspace, a Home design and renovation platform, announced that the company has raised about $60 million. The company gets investments from Hong Kong-based Tahoe Investment Group, and Singapore-domiciled Mercer Investments and EDB Investment, along with Kharis Capital, a European investment management firm and Venturi Partners’ managing director Nicholas Cator, as per their regulatory filings sourced…
GE T&D India Limited announced that it was awarded a Supervisory Control and Data Acquisition (SCADA) and Advanced Distribution Management Solution (ADMS) project by the Jammu & Kashmir Power Development Department (JKPDD) for the distribution operations in the cities of Jammu and Srinagar. The order worth approximately Rs 173 Crores, won through a competitive bidding…
Bounce, an Indian scooter rental start-up, has raised an additional $105mn from Accel Partners and B Capital Group. The latest round is part of the ongoing Series D funding round. The company was founded by Vivekananda H.R., Anil G, and Varun Agni in 2014. Other investors who participated include Sequoia Capital India, Chiratae Ventures, Maverik…
ReNew Power, an Indian renewable energy company, has raised $450 mn funding through a dollar bond issuance. The company was founded by Sumant Sinha in 2011. Earlier, it had raised $350 mn from Goldman Sachs, Canada Pension Plan Investment Board (CPPIB) and Abu Dhabi Investment Authority (ADIA). The company will utilize these funds to refinance…
Crysta, a part of Redcliffe Life Sciences, has recently raised Rs 10 crore in a Pre-Series A funding round led by the family office of Ruchirans and Anuraag Jaipuria.
SmartKarrot, a deep customer insights to automated actions, has raised $1 million in an angel funding round. The company was founded by Prithwi Dasgupta and Arnab Chatterjee in 2019. The company will utilize these funds to enhance its technological infrastructure as well as grow its research, development and market acquisition operations in India. In a…
Tea Trunk, an online tea store, has raised $220k in angel funding led by a group of angel investors and the Rebalance community. The company was founded by Snigdha Manchanda in 2013. Other investors include Anand Sinha, Global Head at Zomato Gold; Anshul Agarwal, Co-head, Consumer, FIG, and Business Services at Avendus Capital; Mandar Vaidya,…
Skylo Technologies has recently announced its latest rounds of investments. The startup raised $13mn through its Series A funding round from Doll Capital Management (DCM), Innovation Endeavors, and Moore Strategic Investors. The startup also announced that through its Series B funding it has raised $103mn from SoftBank Group and existing investors. The San Mateo-based startup…
Park+, a Delhi NCR-based smart parking startup that works toward digitising parking across India, has raised $11 million in a funding round co-led by venture capital funds Sequoia India and Matrix Partners India. Other angel investors that took part in the funding round include Deep Kalra, Rajesh Magow, Ashish Hemrajani, Kunal Shah, Kunal Bahl and…
Insur-tech startup Digit Insurance recently announced that it will raise $84mn in external funding. The investment will be made by growth equity investors A91 Partners, Faering Capital and TVS Capital. Digit has sought approval from the Insurance Regulatory and Development Authority of India to raise the sum. This is the first time the Bangalore-based startup…
Mera Cashier, a mobile app that helps users to digitize the manual debit credit entries, has raised $250,000 in seed funding led by Startup Buddy’s Co-founders Amit Singal and Manish Aggarwal. Other angel investors who participated in the round include Vinod Abrol (Head Private Investments at SAR group, ex Jabong CFO), Sanjeev Dhull (CEO, Radiate…
Samsung Electronics Co, on Monday, announced that it is considering building a factory in India to produce flat-screens under the Samsung Display subsidiary. The company is planning to invest $500million as it is attempting to expand smartphone production in the country. According to a company filing, Samsung Electronics will provide a ₹3,500crore loan and transfer…
Phenom People, a talent experience management platform, has raised $30mn in Series C funding led by WestBridge Capital. The funding round saw participation from New York-based AllianceBernstein Private Credit Investors’ Growth Stage Capital. Existing investors AXA Venture Partners, Sierra Ventures, Omidyar Technology Ventures, Sigma Prime Ventures, and Karlani Capital also participated in the round. The…
Ed-tech startup, ExtraaEdge Technology Solutions Pvt. Ltd, has raised $700,000 in its pre-Series A funding round. The funding round was led by Bengaluru-based Sprout Venture Partners and the Indian Angel Network, ExtraaEdge said in a statement. Others that participated include TiE Pune Angels, First Cheque LLP and UIncept. Abhishek Ballabh, co-founder at ExtraaEdge, said the…
Private equity firm WestBridge Capital has led a $30 million round of investment in the US-based HR technology company Phenom People Inc. The company said to use the fresh capital to grow its operations. American investment firm AllianceBernstein LP also participated in the funding round, Phenom People said in a statement. This is its Series…