Category: Investment

VNDLY raises $35 million in Series B funding round

VNDLY, Inc., a cloud-based Work Management System (WMS) announced that it has closed a $35 million Series B funding round led by Insight Partners. The funding round saw participation from Battery Ventures, Hyde Park Venture Partners, EPIC Ventures, Bowery Capital, and the Cintrifuse Syndicate Fund. This new funding round brings VNDLY’s total funding to $49…

Henry & Smith raises $1 mn in seed round funding

Henry & Smith, a digital native brand focused on bottom wear, has raised $1 million in seed round, led by WEH Ventures and Rukam Capital. The round also saw participation from angel investment platform LetsVenture. The company was founded by Gaurisha Gupta and Nikhil Goyal in 2014.

HungerBox raises $12 million from Paytm and others

HungerBox, a full-stack B2B food and beverage technology company, has raised $12 million from Paytm and others. New investors who participated in the round is NPTK. Existing investors Sabre Partners and Neoplux also participated. The company was founded by Sandipan Mitra and Uttam Kumar in 2015.

Crestline invests additional $10mn in Riversand

Riversand, a leading software-as-a-service (SaaS) Master Data Management (MDM) provider, has received an additional funding of $10mn from Crestline Investors (Crestline). The company was founded by Upen Varanasi in 2001. In 2017, Crestline invested $35 million in Riversand in Series A round funding.  The additional investment will be used to continue Riversand’s product innovation as…

Avathon Capital leads $35 mn funding round in EdCast

EdCast, a category-defining leader in AI-powered personalized learning and knowledge management for enterprise customers, announced the close of its $35 million Series D financing round led by Avathon Capital, an investment platform headquartered in Chicago and a part of Sterling Partners. Other Series D participants included new EdCast investor National Grid Partners and existing EdCast…

Licious raises $30 mn in series E funding round

Licious, a gourmet meat brand, run by Delightful Gourmet Pvt. Ltd has raised $30 million in a series E round, led by Singapore-based Vertex Growth Fund. Existing investors 3one4 Capital, Bertelsmann India Investments, Vertex Ventures Southeast Asia and India, and Sistema Asia Fund also participated in the round. The company was founded by Vivek Gupta…

Box8 raises Rs 12 Cr from Trifecta Capital

Box8,  an on-demand food delivery company, has raised Rs 12 crore debt via debentures from Trifecta Capital in three equal tranches — in August, October, and December. The company was founded by Amit Raj and Anshul Gupta in 2012. Earlier, Box8 had raised $6.2 million in a Series C funding round from ReDefine Capital and…

truMe has raised $1,45,000 from angel investor Rajan Kaistha

truMe, an IoT based global Identity and Access Management platform, has raised $1,45,000 from Rajan Kaistha, an angel investor in the US. The company was founded by Babu Dayal, Pramod Uniyal and Lalit Mehta in 2016. The startup will utilise these funds in expanding its footprint in Delhi-NCR and expand operations to Mumbai and Bengaluru.…

Paytm raises about $660 Million from Alipay, SVF, T Rowe Price

One97 Communications Limited (OCL), parent company of Paytm, has secured latest funding of nearly 660 Million from its existing investors T Rowe Price, Alipay, SoftBank and others.  Earlier in November, Paytm had raised fresh equity funds amounting to $1 billion led by T Rowe Price, with participation from existing investors – Ant Financial and SoftBank…

Rivigo seeks to raise $20 million as part of its Series F

Rivigo, a technology company that is building the material movement pipeline, seeks to raise $20 million in Series F round of funding from SAIF and Spring Canter Investment. The company was founded by Gazal Kalra & Deepak Garg in 2014. Earlier, Rivigo had raised $65 million in its Series E round from its existing investors…

Slintel raises $1.5 mn in funding led by Stellaris and Accel

Slintel, a personalized recommendation platform for sales and marketing, raised $1.5 million in its seed funding round led by Stellaris Venture Partners. The round also saw participation from Accel. The startup was founded by Ranjana TN, Rahul Bhattacharya and Deepak Anchala in 2016. Earlier, the startup had raised funds from GSF Accelerator. The funds will…

Awign Enterprises raises $4 million in Series A round funding

Awign Enterprises, a tech platform to take up on-the-ground work from businesses, has raised $4 million in a Series A funding round led by Work10M, Michael and Susan Dell Foundation, Eagle10, and existing investors, Unitus Ventures. The company was founded by IIT-alumni Annanya Sarthak, Gurpreet Singh, and Praveen Sah in 2016.

Purplle raises $30 mn in series C funding

Purplle.com (Purplle), an online space for beauty and wellness needs, has raised $30 million in series C funding round, led by Goldman Sachs. The round also saw participation from existing investors IvyCap Ventures, Blume Ventures, and JSW Ventures. The company was founded by Manish Taneja and Rahul Dash in 2012.  The company had raised $10…

Magma Fincorp raises 350Cr from the Dutch Development Bank

Mumbai-based asset finance company, Magma Fincorp Limited today announced that the company has raised INR 350 Crore by way of Non- Convertible Debentures (NCDs) from Nederlandse Financierings Maatschappij Voor Ontwikkelingslanden N.V. (FMO), a Dutch Entrepreneurial Development Bank, to support the company’s on-going growth plans. The NCDs issued on a private placement basis are unlisted, redeemable,…

Flexiwork start-up TapChief raises a pre-series A funding of $1.5 mn

TapChief, an online platform connecting professionals, freelancers and businesses, has raised a pre-series A round of $1.5 million led by Blume Ventures. The company was founded by Shashank Murali, Binay Krishna and Arjun Krishna in 2016. The platform allows professionals to network with others in their domain, sign up for freelance assignments. The platform also…