Park+, a Delhi NCR-based smart parking startup that works toward digitising parking across India, has raised $11 million in a funding round co-led by venture capital funds Sequoia India and Matrix Partners India. Other angel investors that took part in the funding round include Deep Kalra, Rajesh Magow, Ashish Hemrajani, Kunal Shah, Kunal Bahl and…
A booster dose to the start-up ecosystem in India, G7CR Technologies, a global information technology and cloud services company has announced the launch of the SSB 360 program in partnership with Microsoft. The initiative will provide for start-ups and small businesses benefits of up to $3 million and strategic association. The program will focus on…
Zoomcar, a self-drive car rental platform, raised $30 million in a fresh funding led by Sony Innovation Fund, the venture arm of Japanese electronics giant Sony. The funding is a part of Series D funding round, in which existing investors took part in the investment. Zoomcar will utilise the funds for further expansion of its…
The Catalyst Fund has gained $15 million from JP Morgan and UK Aid as a means to support and back 30 fintech startups in Africa, Asia, and Latin America in the next three years. Catalyst Fund, a Boston based accelerator, provides mentorship and non-equity funding to early-stage tech ventures that are primarily focused on driving…
Zomato raises ₹353.58 crore in fresh funding from Antfin Singapore, according to the company’s filings reported in the business intelligence platform Tofler. The funding, part of the Zomato’s Series J financing round, is the first tranche of the $150-million fund raise announced by the company last week. Post this investment, Zomato’s fund tally will stand…
PNC Infratech Limited has been declared the L1 bidder for National Highways Authority of India’s EPC Project of “Four laning with paved shoulders from Meerut to after bridge over river Yamuna, Haryana via Shamli of NH 709A in the State of Uttar Pradesh” for a quoted price of ₹639.0 crore. The scope includes construction of…
Mumbai-based Manash Lifestyle Pvt. Ltd, which operates beauty products and services marketplace Purplle.com, has secured funding of ₹56 crore from Belgian private investment firm Verlinvest SA in an extended Series C round. The funds will be used to strengthen Purplle’s supply chain, innovation and technology capabilities as well as for brand-building, according to a press…
Techbooze Consultancy Services Private Limited, a Business Development, Consulting and “Funding” facilitator for Startups & Enterprise, announced on January 10, 2020 that it has raised Series A funding of $15 milllion, led by Space Capital. Techbooze Consultancy Services has been in the market for over 4 years now, and has been raising capital for over…
With this investment, HighRadius becomes the first start-up to become a Unicorn in 2020. The SaaS-based startup is now valued at $1bn. Software as a service or SaaS, based financial start-up HighRadius has recently announced that it has raised $125mn in Series B round funding led by ICONIQ Capital. Existing investors like Susquehanna Growth Equity…
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…
Indian scooter rental start-up Bounce raised $150 million in an ongoing funding round led by its existing investors Eduardo Saverin’s B Capital and Accel Partners India. The current financing round, dubbed as Series D funding raised the market value of Bounce to $500 million. Earlier this year in June, during its Series C funding, the…
Health and fitness start-up CureFit is set to receive an investment of $100 million. As per a Mint report, Singapore’s government-owned investment firm Temasek is reportedly in talks with CureFit to invest $100mn. The transaction is expected to conclude in the next six to eight weeks. It is understood that the Singapore-based investment firm has…
ChrysCapital has invested $45 million (Rs 250 crore) into the Chennai-headquartered fast-moving consumer goods major, CavinKare Pvt Ltd. It is learnt that, following the investment ChrysCapital will have one nominee on the board of CavinKare. CavinCare makes hair and skin care products such as Chik, Spinz and Nyle. In a statement, C.K.Ranganathan, Chairman & MD,…
If you think that the e-commerce and online business space is facing the heat because of high burn rates, low margins & disappearing investments, have a re-look. There are some stronger players still attracting investments, and at hiringsquare.com, when we see investments in any business or a sector, we clearly assume that a decent chunk…
Nobel Hygiene, India’s first and only baby and adult diaper manufacturer, has received the first tranche of funding boost to the tune of $11.5 Mn through Access India Fund and its co-investors. Nobel Hygiene, headquartered in Mumbai, was promoted by its first generation promoter, Kamal Kumar Johari, in 2000. The company also manufactures baby…