Category: Investment

Niki.ai raises an undisclosed amount in Series A funding

Niki.ai, India’s first B2C commerce platform that provides a voice centred and local language based user experience, has raised an undisclosed amount in Series A funding round led by EMVC. Other existing investors including Ratan Tata, Ronnie Screwvala’s Unilazer Ventures, Haresh Chawla, and Japan’s Recruit Partners also participated in this round. The company was founded…

StyleCracker raises $2 Mn to expand Its footprint

StyleCracker, an online personal styling platform backed by Bollywood actor Alia Bhatt, has raised $2 Mn from US-based investor AMJ Ventures. The company was founded by Dhimaan Shah & Archana Walavalkar in 2015. Previously, AMJ has invested in Indian startups like Avail Finance, a Bengaluru-based loan financing service and Propelld, a company which provides finances…

Freshworks Secures $150M Funding and Accel at $3.5 Billion Market Valuation

Freshworks Inc., the customer engagement software company, has secured the signing of definitive agreements for a $150 million series H round of funding at a post-financing valuation of $3.5 billion. The round was led by existing investors Sequoia Capital, CapitalG, and Freshworks’ first investor, Accel. The company was founded by Girish Mathrubootham and Shan Krishnasamy…

Smarten Spaces Secures $12M Series A Funding

Smarten Spaces, a Singapore Headquartered company, has raised close to a $12M Series A investment round. The new investment was made by leading Asia investor Symphony International Holdings Limited (Symphony). The company was founded by Dinesh Malkani, Anushka Verghese and Prithvi Shergill in 2017  The Smarten Spaces platform is quite unique in the industry as…

Recruiter exchange CBREX raises $1.1M funding

CBREX, an AI driven Exchange that used AI /ML to match jobs posted by employers to specialist recruiters/recruiting firms anywhere in the world, has raised $1.1 million in equity funding from a few Indian high net worth investors. The company was founded by Gautam Sinha in 2015.  The startup will invest the funds in business…

Coolberg Raises $3.5 Mn Funding

Coolberg, which offers malt-based, flavored non-alcoholic beers, has raised $3.5 million in  Series A round led by RB Investments (Singapore-based family office) and its existing investor, India Quotient. The round also saw participation from Ashish Goenka, chairman of Suashish Diamonds Ltd, and a pool of investors from Indian Angel Network (IAN). The company was founded…

SpeakIn Finds its Latest Investor in Aditya Ghosh, CEO South Asia OYO

One of Asia’s tallest Expert Networks to have been born out of India, SpeakIn is delighted to announce the latest round funding by none other than Aditya Ghosh backed Homage Ventures. Aditya Ghosh is one of India’s most celebrated and well respected business leaders known for his penchant for consumer business and encouraging disruptive business…

AI-Driven Health Benefits Platform ekincare Raises USD 3.6M

ekincare, a health benefits platform that helps companies administer benefits efficiently, optimize their healthcare spends, has raised USD 3.6M in a Series A funding round led by a new investor, with participation from existing investors including Venture East, Eight Roads and Touchstone equities. The latest round takes the total funding raised by ekincare to $5.6M.…

BookingJini raises Rs 3 Cr in seed round

Bookingjini, a Startup that focuses on Empowering Hotels from all aspects to guarantee Top-line and Bottom-line growth, has raised Rs 3cr in seed round led by Mumbai Angels Network. The deal was led by Apurva Salarpuria, and 18 other investors took part in the round. The company was founded by Sibasish Mishra in 2016.  The…

eBikeGo raises USD 300,000 Funding Led by Startup Buddy

eBikeGo, an electric two-wheeler rental startup has raised $300,000 round led by Startup Buddy. The round also saw participation from other investors like Singer Sukhbir Singh, Rajesh Sawhney (Co-Founder of Innerchef), Rohit Chanana (Founder, Sarcha Advisory), Siddartha Ahluwalia (Founder of 100x Entrepreneur), Boudhik Ventures, Milind Garud, Arun Gholap, Shantanu Vinekar and other senior corporate executives.…

Policybazaar raises $150M from Tencent.

Policybazaar, India’s prominent online life insurance and general insurance aggregator, has raised raised close to $150 million in funding from Chinese technology conglomerate Tencent Holdings Pvt. Ltd. The startup was founded by Yashish Dahiya, Alok Bansal and Avaneesh Nirjar in 2008. With this round, Policybazaar has been valued at a little more than $1.5 billion.…

Amica Financial Technologies secures $24M funding.

Mumbai-based startup Amica Financial Technologies, an upcoming digital retail bank, has received $24 million in its maiden funding round. The funding is backed by a long list of institutional investors including Greyhound Capital, 3One4 Capital, Germany’s Rocket Internet, venture capital funds Matrix Partners and Sequoia Capital. The company was founded by Citrus Pay cofounder Jitendra…

Youth travel hostel startup goStops raises funding.

goStops, a premium chain of youth traveller hostels, has raised an undisclosed amount in its initial funding round from angel investors. It was founded by Pallavi Agarwal in 2014.  goStops will utilise the funds for expanding their presence across the country by doubling its bed capacity in the next one year. The startup will also…

Info Edge picks up 20% stake in Terralytics.

Info Edge (India) Ltd, has invested about Rs. 5 Cr in Terralytics Analysis Pvt. Ltd. Terralytics is engaged in the business of developing real estate intelligence and analytics platform for sale to banks, developers, consulting firms, etc. for diligence, information and other purposes. The aggregate shareholding of Info Edge, post this investment, in Terralytics would…