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Investment

Learning platform Kyt raises $2.5 mn funding led by Sequoia’s Surge

Kyt, an online-first, global academy for extracurriculars, designed by the best educators from around the world, announced it has raised $2.5 million in funding led by Sequoia Capital India’s Surge. The capital will be used to expand its online-first, global academy for extracurricular learning. It has plans to add more courses, including chess, various musical […]

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Investment

Mitron raises $5 mn funding led by Nexus Venture Partners

Mitron, the Indian short-form video app, announced that it has raised $5 million in funding led by Nexus Venture Partners. Existing investors 3one4 Capital and Arun Tadanki’s private syndicate on LetsVenture also participated in the funding round. Several notable angles and entrepreneurs like Deep Kalra, Founder and Chairman MakeMyTrip; Anand Chandrasekharan, Former Facebook executive; Karan […]

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Investment

Gurugram-based women-focused network leap.club raises $340K in pre-seed funding

leap.club, a Gurugram-based community-led professional network for women, announced that it has raised $340,000 in its Pre-Seed round of funding.  The funding round saw participation from Whiteboard Capital (Sandeep Tandon’s VC fund), FirstCheque, Artha India Ventures, Sweta Rau (Founder, White Ventures), Amrish Rau (CEO Pinelabs, Founder Citrus Pay), Deepak Abbot (Former SVP, Paytm), and Harpreet […]

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Investment

Chennai-based startup YAP raises $4.5 mn Series A funding led by Beenext

YAP, a Chennai-based API platform has announced that it has raised $4.5 million led by Singapore-based venture capital firm Beenext. Other investors including angel investors that took part in the funding round include 8i Ventures Fund, The DMI Group, Better Capital, Alok Mittal, CEO, Indifi, Ashneer Grover, CEO, BharatPe, Amrish Rau, CEO, PineLabs and Jupiter […]

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Investment

FamPay raises $4.7 mn seed funding led by Y Combinator, Sequoia, Venture Highway & others

FamPay, a teenager-focused payments app, announced it has raised $4.7 million seed funding led by Y Combinator, Sequoia India, Venture Highway and GFC (Global Founders Capital). Angel investors such as Twitch co-founder Kevin Lin, Robinhood co-founder Vladimir Tenev, Cred founder Kunal Shah, and Pine Labs CEO Amrish Rau also participated in the funding round.  The […]

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Executive Movements

Pine Labs appoint Citrus Pay founded Amrish Rau as CEO

Point-of-sale service provider, Pine Labs recently announced that it has appointed Citrus Pay founder Amrish Rau as the company’s new Chief Executive Officer. The announcement comes soon after former CEO of Pine Labs, Vicky Bindra announced his resignation and Rau resigning from PayU India a month earlier. Former CEO Bindra, who was heading Pine Labs […]

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Investment

PayU India co-founder Shailaz Nag’s startup Dot raises $8 million

PayU India co-founder Shailaz Nag’s new startup, Dot, has raised an initial seed funding of around $8 million, led by PayU and Fosun RZ Capital to help offline merchants with their digitization journey. The funding round also saw participation from Info Edge Ventures and other well-known angel investors, which include Snapdeal founders Rohit Bansal and […]