Ola, an Indian transportation network company offering services that include peer-to-peer ridesharing, ride service hailing, taxi and food delivery, is in advanced talks with tech giant Microsoft to raise about USD 150-200 million in funding. As per sources, the deal is likely to be closed in the next couple of weeks. Ola is presently backed…
HowNow, the workforce learning platform raises $3 million in a “pre-series A” funding round. The round is led by Mark Pearson’s Fuel Ventures and brings the total raised by the startup to $4.5 million. Other investors include Andy Murray OBE; Michael Whitfield and Chris Bruce (founders of Thomsons Online Benefits); Bernie Sinniah (former managing director…
Ally, a leading goal-setting and business performance management software provider, has announced a $15 million Series B funding round led by Tiger Global Management, LLC, a New York based investment firm known for investing in strategic, innovative companies such as Facebook, Flipkart, Slack, and Stripe. Previous investors Accel, Vulcan Capital, and Founders Co-op also participated…
Mobikon, a data exchange platform for the F&B ecosystem, has raised a Series B round of $12.5 million led by entrepreneur and venture capital visionary, Binny Bansal. So far Mobikon has raised a total of $25 million in primary investments. It was founded by Samir Khadepaun in 2011. It is understood that Mobikon will utilise…
Loca, last-mile connectivity provider, has raised an undisclosed amount of funding in its 1st round of investment led by Stellaris Venture Partners, China-based Fosun RZ Capital and a group of individuals including Aprameya Radhakrishna (co-founder of Taxiforsure), Mayank Bidawatka (co-founder of Vokal) and Rohit MA (co-founder of Cloud Nine). It was founded by Gautam Patil…
Actor Ayushmann Khurrana joins the list of Bollywood celebrities investing in a startup. The actor invested an undisclosed amount in Helios Lifestyle, the parent entity of The Man Company, a men’s grooming brand. The actor will also be the company’s brand ambassador. According to Hitesh Dhingra, Founder and Managing Director, The Man Company, said that…
Toilet Hygiene Brand PeeSafe has raised Rs 30Cr in Series A led by Alkemi Growth Capital. It was founded by Vikas Bagaria. Last year the company had raised about $1 million from a group of investors including Rahul Maroli from Ola, Mitesh Shah from BookMyShow. Earlier, in 2017, the company received investment from Venture Catalyst.…
Gurugram-based legal tech startup Legalkart has raised a seed funding of around $492,000 from a clutch of angel investors. It was founded by Arvind Singhatiya, Partha Sen and Deepak Prajapati in 2018. According to Arvind Singhatiya, Founder and CEO, Legalkart – through this app they are looking at – “Making every step of a legal…
Bengaluru-based mobile-based dermatology consultation platform, Remedico has raised $500,000 in a seed round from Venture Catalysts. It was Founded by Ranjit Bhatia in 2017. Ranjit was earlier associated with Craftsvilla where he had come on a secondment from Sequoia and moved on to become the VP of Product. This funding round also had participation from…
Bengaluru-based security management startup for gated communities MyGate has raised $56 million as part of its Series B funding. The company was named one of India’s most innovative start-ups by Inc 42 in 2018 and one of India’s coolest start-ups by Business Today in 2019. The company was founded in 2016 by Vijay Arisetty. The…
CleverTap, a SaaS based mobile analytics and mobile marketing company based in California, has raised $35 million in a Series C round, led by existing investors Tiger Global Management and Sequoia Capital. With this round of funding, the company is valued at $385 million. CleverTap’s customer lifecycle and user retention platform leverages machine learning to…
Ratan Tata would be investing in Pune-based e-bike startup Tork Motors. Tork Motors is an electric vehicle and charging infrastructure manufacturing venture. The company was founded by Kapil Shelke in 2010. The company is due for the commercial launch of T6X, its flagship offering. With this launch, Tork T6X will be India’s first electric performance…
CarDekho.com is India’s leading car search venture. The company is planning to raise a $100 Mn Series D funding round led by Chinese investor Autohome Inc. at a valuation of $700 million. Apart from Autohome, Sequoia Capital will also be an investor in Series D round. Recently, India is experiencing a slowdown in the automobile…
Vahdam Teas, an India-based e-commerce startup that sells fresh tea in international markets, has raised $11 million in its Series C financing round. This funding round is led by consumer fund Sixth Sense Ventures, and has participation from a host of investors. The startup was founded by 28-year-old Bala Sarda, who comes from a family…
Hong-Kong based ad-tech startup OneOneDay, has raised $1.3 Mn in a pre series A funding led by Chinese investors, with participation from Indian angel investor Rohan Malhotra, founding partner at Tiberius Holdings. OneOneDay, was founded by Rick Tsing in year 2017. The company has raised $2.3 Mn till now. The company recently launched its app…