Country Delight, a startup that produces and distributes good quality and unadulterated milk at doorstep, has raised $25 million in its Series C funding led by Elevation Capital (formerly SAIF Partners). IIFL AMC along with existing investors Matrix Partners India and Orios Venture Partners also pumped in additional money, the company said in a statement.…
Treebo Hotels, the Bengaluru-headquartered budget hospitality chain, announced that it has raised $6 million in fresh funding led by its existing set of investors – Matrix Partners India, SAIF Partners, Ward Ferry and Bertelsmann India, according to ETtech report. The latest round of financing comes more than three years after Treebo raised $34 million in…
Facebook announced that it has tied-up with early stage VC fund Matrix Partners to scale small businesses in India by providing them with digital skilling support. The tie-up with Matrix Partners is a part of Facebook’s VC Brand Incubator Program that collaborates with venture capital funds to help early-stage small and medium businesses (SMBs) to…
Foxy parent EkAnek Networks, a startup focussed on beauty, grooming and personal care, announced it has raised Rs 40 crore funding led by Alpha Wave Incubation. Existing investors Sequoia Capital India, Lightspeed India, and Matrix Partners India also participated in the funding round. The company will use the funding to expand its presence to Abu…
Ola Financial Services, the financial arm of ride-aggregator Ola cabs recently announced that it has raised ₹200Cr in fresh funding from Matrix Partners and Falcon Edge. According to regulatory filings, Gemini Investments LP, Arun Sarin’s family office, and Alpha Wave Holdings also participated in the round.The company is currently in its fundraising mode and is…
Itilite Technologies, a Bengaluru-based digital travel management startup that offers SaaS-based integrated travel desk solution for corporates, announced that it has raised $13 million Series B funding led by Greenoaks Capital and Vy Capital. Existing investors Matrix Partners India and others participated in the funding round. The company will utilise the current funding to fuel…
Vogo Automotive, an on-demand transportation solutions provider, announced raising $20 million in a funding round led by LGT Lightstone Aspada. Existing investors such as Matrix Partners India, Kalaari Capital and Stellaris Venture Partners also participated in the current funding round. As per the regulatory filings, the funds will be utilised to help Vogo expand across…
Toddle, an all-in-one platform for planning, portfolios, reports, and family communication, has raised an undisclosed amount in a seed funding round led by Matrix Partners India. The round also witnessed participation from seed-stage fund Better Capital and angel investors such as Swiggy cofounder Rahul Jaimini among others. The company was founded by Misbah Jafary, Gautam…
Quikr.com, India’s leading classifies web site & a platform to sell, buy, rent or find something, has seen fresh round of funding lead by Warburg Pincus along with its existing investors. The present round of funding is $32 million in fresh funds and has participation from eBay Inc., Matrix Partners, and Norwest Venture partners.…