QTalk, a smartphone dialer designed to make phone calls stress free has now secured $1.6 million in the seed funding round led by the LightSpeed Venture Partners and Accel India to accelerate product and market development. QTalk is the only public product of Quiph Media Private Limited that initiated operations in early 2018. Founded by…
Bengaluru-based virtual meetup startup Airmeet recently announced that it has raised $3mn in funding. The funding round was led by Accel India with participation from VentureHighway and Global Founders Capital. Other investors like CloudCapital, BetterCapital, 100x Entrepreneur Fund, and Sequoia Scout also participated in the funding round. Entrepreneurs and CXOs like Gaurav Munjal, Co-founder, Unacademy;…
Spinny, an online platform for selling used cars, announced it has raised $43.7 million Series-B funding led by Fundamentum Partnership along with US-based General Catalyst Partners, South Korea-based KB Financial Group. Existing investors such as Accel, SAIF Partners and Alteria Capital also participated in the funding round. Post funding, the company is valued at nearly…
Bengaluru-based online money lending startup Rupeek, recently announced that it has raised $60mn in funding across two rounds from investors including Flipkart co-founder Binny Bansal and GGV Capital. Other investors like Tanglin Venture Partners and KB Investments also participated in the funding. Existing investors Sequoia Capital and Accel were also present during the funding rounds.…
Gurugram-based Simsim, a social commerce startup recently announced that it has raised $16 million in seven months of its existence. The funding rounds happened in quick succession over the past few months and were led by Accel Partners, Shunwei Capital, and Good Capital. Founded in July last year by Amit Bagaria, Kunal Suri, and Saurabh…
Greenhouse agritech startup Clover recently announced that it has raised $5.5mn in Series A funding round from Omnivore. The funding round also saw participation from existing investors Accel and Mayfield. In a press release Avinash BR the Co-founder of Clover, said “We are thrilled to partner with Omnivore, Accel, and Mayfield as we scale our…
Zodius Growth Fund, an Avendus Capital sponsored fund, announced that it has made its first investment in Onsitego, India’s leading after-sales services firm. The company has raised $19 million in Series B round led by Zodius Growth Fund with participation from existing investor, Accel Partners. The investment will be utilized for consolidating its market position…
Zetwerk, a Bengaluru-based manufacturing services platform has recently raised $2.2million in a fresh funding round from InnoVen Capital. The company was founded by Amrit Acharya, Srinath Ramakkrushnan and Vishal Chaudhary. The company specializes in connecting manufacturing companies with vendors and suppliers for customized products. On the other hand, the company also has a demand model…
United State’s based Accel Partners, a venture capital firm, has raised about $550mn for its 6th fund specifically for investments in India’s booming start-up ecosystem. This fund is a notch higher than its 5th fund which set a figure of about $450mn in 2016. Accel has so far raised $1 billion capital across five rounds…
Moglix, the Ratan Tata-backed B2B e-commerce start-up, is looking to expand to Eastern India, starting with Kolkata in West Bengal. The company currently has 10 warehouses across 8 cities including Delhi NCR, Kolkata, Chennai, Pune, Ahmedabad, Mumbai, Aurangabad, and Pantnagar. With the further expansion, the company has ambitious plans to increase its hiring by 30…