Binny Bansal co-founded xto10x, a Bengaluru-based startup consulting and SaaS tech company, announced it has acquired Delhi-based HR tech startup Dockabl for an undisclosed value. Founded in 2017 by Samarth Masson and Sanjeev Grover, Dockabl provides HR-focused solutions for employee performance management through a SaaS model. Saikiran Krishnamurthy, Co-founder, xto10x, said, “Dockabl is an easy…
Binny Bansal and the Azim Premji Foundation backed Alteria Capital is planning to raise Rs 1000 crore and a green-shoe option of Rs 750 crore after receiving approval from the Securities and Exchange Board of India Rebel Foods, Lendingkart, Zestmoney, Dunzo, Portea, Toppr, Spinny, Stanza, Vogo, Melorra, Mfine, Generico, Loadshare, LBB, Maverix, Country Delight, Clover,…
Avail Finance, a Bengaluru-based financial care service provider for the unorganised workforce of India, announced that it has raised about Rs 87 crore in a Series B funding round, led by Falcon Edge Capital, as per Entrackr report. Existing investor Matrix Partners also participated in the funding round. Alphawave Incubation, which is managed by Falcon…
Yumlane, a Mumbai-based cloud kitchen startup owned by Qwikpik Technology Pvt Ltd, announced that it has raised $1 million pre-Series A funding led by Jetty Ventures. Yumlane will utilise the funds for expansion in new cities and hiring. The startup currently has 30 PoDs across Bengaluru and Pune. The startup was founded in March 2016…
Bengaluru-based Arkam Ventures, formerly known as Unitary Helion, recently announced the first close of ₹325Cr of its maiden ₹700Cr startup fund. The company says it will focus on early-to-growth-stage startups in Series A, Series B stages across financial services, healthcare, food, agriculture, and mobility space. The new fund is backed by investors like Small Industries…
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.…
Acko, a private sector general insurance company, has raised fresh funding of $16 million from growth stage investment firm Ascent Capital. A few media reports suggest that the Binny Bansal, ex-CEO and founder of Flipkart, may have invested around $20 million in Acko. The company was founded by Varun Dua in 2016. Last year, Acko…
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…