Category: Investment

m.Paani raises $5.5 million in Series A funding round

m.Paani, a local retailer digitization platform, has raised $5.5m in a Series A investment round led by AC Ventures, Henkel, Candy Ventures,along with angel investors Kevin Aluwi, CEO and Co-Founder of Gojek, Ryu Suliawan, and Suvir Varma. Existing investors Chiratae Ventures and Blume Ventures also participated in the round. The company was founded by Akanksha…

Freightwalla raises $4 million in Series A

Freightwalla, a digital freight forwarding startup, has raised $4 million in Series A funding led by global venture capital firms Amplo, FJ Labs and Rogue One Capital. Existing investors Kae Capital and Tekton Ventures also participated in this round. The company was founded by Sanjay Bhatia, Bharat Tanvi and Punit Java in 2017. It is…

Zetwerk raises Rs 225 crore Series B round funding

Zetwerk,a pioneering digital marketplace for corporate buyers and suppliers, has raised Rs 225 crore Series B round led by Lightspeed and Greenoaks Capital. Existing investors Sequoia India, Accel, and Kae Capital also participated in the round. The company was founded by Amrit Acharya, Srinath Ramakkrushnan, Rahul Sharma, and Vishal Chaudhary in 2018. Earlier, the company…

Cuemath raises $5.5 million in extended Series B funding

Cuemath, a math learning program for KG to 10th grade students, has raised $5.5 million in its extended Series B funding round led by Manta Ray Ventures Limited and saw participation from existing investors Capital G by Google and Sequoia India. The company was founded by Manan Khurma in 2011. Earlier, Cuemath had raised $4.1…

KredX raises $26 mn in series B round

KredX, a Invoice Discounting Platform, has raised $26million in series B funding round led by Tiger Global Management, along with participation from existing investors for a minority stake in the company. The company was founded by Manish Kumar and Anurag Jain in 2015. Earlier, the company raised funds from Sequoia Capital and Prime Ventures Partners…

HappyEasyGo raises Rs 350 cr in series B round

HappyEasyGo, an online flight and hotel booking platform, has raised Rs 350 crore in Series B round from its investment partners, including Korea Investment Partners (KIP), Samsung Venture Investment Corporation (SVIC), UOB Venture, 10 Fund, CVCapital, Zero2IPO Ventures, and M&S Partners. The startup will use these funds to further strengthen its air-ticketing business and develop…

Observe.AI raises $26 mn in Series A round

Observe.AI, the leader in AI-powered agent enablement for voice customer service, has rasied $26 million Series A round led by Scale Venture Partners, with participation from Nexus Venture Partners, Steadview Capital, 01 Advisors, and Emergent Ventures. The company was founded by Akash Singh, Sharath Keshava, and Swapnil Jain in 2017.

O4S raises an undisclosed amount in an extended Pre-Series A round

O4S, a three-year-old Gurugram-based SaaS Company, has raised an undisclosed amount in an extended Pre Series A funding by strategic investors. The investors include Amit Singhal, former head of Google search, Subhrakant Panda, CEO, MD at Indian Metals & Ferro Alloys Ltd, Siddharth Bhavnani, Founder at Antares Legal and Bikram Singh Bedi, President Strategy and…

PiBeam raises Rs 5 Cr from GAIL (India)

PiBeam, an electric vehicles start-up , has raised Rs 5 Crore from GAIL (India) Ltd. The company was founded by Visakh Sasikumar in 2013. The startup, was initially incubated at IIT Madras. It is understood that these funds will help the company in business growth, technology upgradation and team expansion. In a media statement, Founder…

FableStreet raises Rs 21 Cr in Series A funding

FableStreet raised Rs 21 crore in Series A led by Fireside Ventures. The company was founded by Ayushi Gudwani in 2015. Other investors include Pradeep Parameswaran, President for Uber India and South Asia; Dilip Khandelwal, MD and Head of Technology of Deutsche Bank, and Suhail Sameer, CEO at RP-Sanjiv Goenka Group (FMCG). All the investors…

Nivesh.com raises $600k from Windrose Capital

Nivesh.com, mutual funds investment platform, has raised $600,000 led by Windrose Capital’s The Next Billion Fund, along with other marquee investors as well. The company was founded by Anurag Garg and Sridhar Srinivasan in 2016. These funds will be used by the company to attract talent and accelerate growth. It will also utilize the funds…

SARVA raises Rs 20 Cr from Fireside Ventures

SARVA, a fitness enthusiasts community, has raised Rs 20 Cr in funding led by Fireside Ventures. The company was founded by Sarvesh Shashi in 2016.  The startup will use the funds for retail expansion, marketing, and launching an integrated digital service. It also plans to double its footprint in the next 12 months. In a…

Zolostays raise $7 million from Trifecta Capital

Zolostays, a Co-Living Spaces, has raised $7 million in funding led by Trifecta Capital, India’s largest venture debt provider. Also, the company is in advanced talks to start a Series C round of funding. The company was founded in 2015 by Nikhil Sikri, Akhil Sikri, and Sneha Choudhary.  Earlier, the startup had raised $30 million…

CarDekho raises $70 million in Series D round

CarDekho, India’s leading car search venture, has raised $70 million in Series D round funding led by Ping An Global Voyager Fund. With this latest round, CarDekho has managed to raise more than $250 million in funding to date. The company was founded by Amit Jain in 2008. Apart from Ping An Global Voyager Fund,…

Smart Institute secures $1.5 million from HNIs

Smart Institute, a part of Shahani Group, has raised $1.5 million in funding from a group of HNI Investors and Family Offices led by ah!Ventures. The company is also planning to raise another round of funding next year. The company was founded by Akhil Shahani & Maya Shahani in 2008. The company is planning to…