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…
SenseHawk, a leader in AI-powered software for the entire solar lifecycle, announced that it has raised $5.1 million in Series A1 funding led by Alpha Wave Incubation (AWI), a $300m venture fund, managed by Falcon Edge Capital, a leading global alternative asset manager, and backed by ADQ, one of the largest regional holding companies based…
Able Jobs, a Bengaluru-based startup that helps companies get entry-level non-tech deployable talent, announced that it has raised $1.8 million in a seed funding round led by SAIF Partners, according to an ETtech report. Other investors that participated in the funding round include Silicon Valley-based startup incubator Y Combinator, Snapdeal founders Kunal Bahl and Rohit…
Affle, a global technology company with a proprietary consumer intelligence platform that delivers consumer engagements, acquisitions and transactions through relevant Mobile Advertising, announced the signing of definitive agreements to acquire 8.0% ownership in Talent Unlimited Online Services Private Limited (Bobble AI), India. As part of the deal, Affle has secured exclusive global ad monetization rights…
Zomentum, a startup that builds sales solutions for managed services providers, announced that it has raised $4.1 million seed funding from Accel and SAIF Partners. The company will utilise the fund infusion to hire sales teams to service locations outside of North America, apart from investing in building its product and adding more tools to…
Noida-based High Street Essentials, the parent company of women’s fashion brands FabAlley and Indya, recently announced that it has raised ₹20.75Cr in a fresh round of funding led by existing investors, SAIF Partners and India Quotient. A company statement read, the pre-series C round involves a convertible note, which will be converted during the series…
FarEye, a SaaS-based logistics startup has announced that it has raised $25 million in Series D funding round led by M12 (Microsoft’s venture fund) Other investors that took part in the funding round include Eight Roads Ventures and Honeywell Ventures. Existing investor SAIF Partners also participated in the funding round. “We will use this investment…
Capital Float, a Bengaluru-headquartered non-Banking Finance company, announced it has raised $15 million (about Rs 110 crore) from its existing investors. Ribbit Capital, Amazon, SAIF Partners and Sequoia Capital India participated in the latest round. The company will use the funds to bolster its capital base and expand its lending operations to small and medium…
The ongoing COVID-19 pandemic has become a major crisis for young business owners. With employees unable to attend offices, operations temporarily suspended and a government-imposed 21-day lockdown, everything for some time has come to a halt. The unprecedented health crisis is going to have a deep impact on every aspect of Indian society and the…
Camp K12, a Gurugram-based education technology startup, announced it has raised $4 million seed funding co-led by Matrix Partners and SAIF Partners. The company has built an online tutoring platform for students in kindergarten to 12th grade, which it has rolled out in India first. The startup was initially started out as a code school,…
Bengaluru-based real-estate tech startup, Strata recently announced that it has raised $1.5mn in a seed funding round led by SAIF Partners and Mayfield India. PropStack, a real-estate data analytics platform, along with three other angel investors also participated in the round. The company plans to use these funds for hiring in tech and investor relations…
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…
Insurance aggregator Coverfox is a boat floating in hot waters. The firm’s Co-founder and Chief Technology Officer Devendra Rane had resigned from his position a month ago and now the company’s Chief Executive Officer Premanshu Singh has resigned due to uncertainty about the company’s future. According to a report by Entrackr, the company’s executives had…
Pune-based baby products marketplace Firstcry has recently raised $296mn (approx 2120Cr) in Series E funding from Japanese conglomerate Softbank’s Vision Fund. With the latest infusion of funds, Firstcry has entered the Unicorn Club. According to the company filing submitted to the Ministry of Corporate Affairs, a Cayman Island-based subsidiary of Softbank SVF Frog has invested…
Chaayos, a multicity chain of tea cafes company, announced that it has raised $21.5 million funding led by Silicon Valley-based Think Investments. Existing investors SAIF Partners, Tiger Global and others also participated in the fresh funding round, including a $3 million debt investment from Innoven Capital. Earlier, Chaayos had raised $20 million in funding. According…