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…
BASIX Sub-K, the Hyderabad-based startup providing technology enabled transactional platform to unbanked and underserved population, has raised $10.5 Mn from Maj Invest to expand it’s human ATM network in Indian villages. BASIX Sub-K was founded in 2010 with an aim to bridge the digital divide and create a financially-inclusive society. It is understood that the…
India- and US-based firm, Inventus Capital Partners, has announced the final close of its third fund at $51.98 Mn. Inventus Capital raised its first fund of $51 million in 2009 and the second one closed with commitments of $106 million in January 2014, both of which had a focus on US and India. The fund…
Gurugram based online premium and luxury brands startup, Smytten, has raised $1.5 million in new funding round from Roots Venture. With this, the company has raised a total of $ 3 million. This round of funding will help Smytten expand their user base, build on their infrastructure and offline reach. Smytten is not like a…
India, is reaching out to top Czech companies to invest and scale up their investment in India in the engineering and technology sector. This is going to be another big step towards direct and indirect employment generation in the sector, while strengthening the Make in India programme. A high level Government – industry delegation led…
During his recent visit to France for the delivery of the first 36 Rafale combat jets, Defence Minister Rajnath Singh, while addressing the business heads of French defence industries – asked them to establish their production bases in India. He highlighted – low wages and availability of technical manpower – as one of the key…
NeuroLeap, a brain enhancement & mental health venture, founded by Kumaar Bagrodia, has raised an undisclosed amount of funding from Rajashree Birla, Chairperson, Aditya Birla centre for community initiatives & rural development and Sminu Jindal, MD, Jindal Saw & founder chairperson, Svayam. NeuroLeap uses advanced BCI Brain Computer Interface technology to safely understand brain activity…