Category: Homepage

Ecosystem Weekly | 22nd Aug’21

August 22, 2021

Polygon buys Hermez for first-of-its-kind blockchain network merger
Mark Cuban-backed blockchain scalability platform Polygon Technology has announced the acquisition of Hermez, a zero-knowledge (ZK) cryptography-based scaling project, for $250 million.
Read More

Postman closes $225 million Series D round at $5.6 billion valuation
Postman , the San-Francisco and Bengaluru-based API platform startup, today announced that it has secured $225 million in a Series D round, placing its valuation at $5.6 billion.
Read More

Startup News Snippets

M&A News

Market Pulse

  • Delhi-based fintech startup BharatPe has raised $27 million in debt funding from IIFL Wealth and Asset Management and Northern Arc Capital
  • Chandigarh-based agritech startup AgNext Technologies has raised $21 million in Series A funding from Alpha Wave Incubation, Omnivore and Kalaari Capital
  • Bengaluru-based financing platform Klub has raised $20 million in seed funding from 9Unicorns, Surge, Alter Global and GMO Venture Partners
  • Delhi-based NBFC SATYA MicroCapital has raised $18 million in funding from responsAbility Investments and BlueOrchard Finance Limited
  • Bengaluru-based healthtech Ultrahuman has raised $18 million in Series B funding from Alpha Wave Incubation, Scott Schleifer, Sandeep Singhal, Kunal Shah, Sujeet Kumar, Deepinder Goyal, Gunjan Patidar, Gaurav Munjal, Revant Bhate, Mohit Gupta, Vikram Dhingra and Roman Saini

Ecosystem Weekly | 15th Aug’21

August 15, 2021

Eruditus turns unicorn with $3.2B valuation after $650M round led by Accel, Softbank
Eruditus, the Mumbai headquartered edtech startup that offers professional education courses through collaboration with leading universities, has entered into the coveted unicorn club with a valuation of $3.2 billion.
Read More

Dailyhunt parent VerSe Innovation raises $450M in Series I round
Bengaluru-based VerSe Innovation, a local language technology platform, has announced that it has raised $450 million in a Series I funding round from global investors Siguler Guff, Baillie Gifford and others.
Read More

 

Startup News Snippets

M&A News

Market Pulse

  • Gurugram-based SaaS-based logistics startup Pickrr has raised $12 million in Series B funding from IIFL, Amicus Capital, Ananta Capital, Omidyar Network India and Guild Capital
  • Bengaluru-based battery-tech and deeptech startup Log 9 Materials has raised $9 million in Series A+ funding from ARBL, Exfinity Ventures and Sequoia Capital India
  • Chennai-based digital freight management platform Wiz Freight has raised $4 million in Seed funding from Axilor, Arali Ventures, Foundamental, Ramakant Sharma, LivSpace and Daniel Richner
  • Bengaluru-based community commerce app Ping has raised $4 million in Seed funding from Elevation Capital
  • Delhi-based D2C millennial cigarette brand Hash has raised $4 million in funding from Amrac Investment Trust, Kunal Shah, Jitendra Gupta, Ashneer Grover, Ankur Jain, Anshoo Sharma and Suhail Sameer

Ecosystem Weekly | 08th Aug’21

August 8, 2021

BharatPe joins unicorn club with $370M infusion led by Tiger Global at $2.85B valuation
Fintech startup BharatPe has raised $370 million in Series E round led by Tiger Global at a post money-valuation of $2.85 billion to turn into a unicorn.
Read More

Infra.Market raises $125M from Tiger Global at $2.5B valuation
Construction materials marketplace Infra.Market on Tuesday said it raised $125 million in Series D funding from Tiger Global, which valued the company at $2.5 billion, a statement said.
Read More

Startup News Snippets

M&A News

Market Pulse

  • Mumbai-based mortgage finance startup Easy has raised $15 million in Series A funding from Xponentia Capital Partners, Harbourfront Capital, Finsight VC, RaSa Future Fund, Navida Capital AB, Helena Wasserman Eriksson and Integra Software
  • Jaipur-based skincare brand Minimalist has raised $15 million in Series A funding from Sequoia Capital India and Unilever Ventures
  • Bengaluru-based fintech startup Slice has raised $10 million in debt funding from Northern Arc Capital, Niyogin Fintech Limited, Credit Saison India and Vivriti Capital
  • Bengaluru-based real-estate investment startup Strata has raised $6 million in Series A funding from Kotak Investment Advisors Limited, Gruhas Proptech, Sabre Investments, Elevation Capital, Mayfield India and Gemba Capital
  • Mumbai-based clean-label food brand The Whole Truth has raised $6 million in Series A funding from Sequoia Capital India, Matrix Partners India, Sauce.Vc, Kalyan Krishnamurthy, Sujeet Kumar, Ashneer Grover and Shashvat Nakrani

 

Ecosystem Weekly | 01st Aug’21

August 1, 2021

Byju’s continues acquisition spree, acquires Toppr and Great Learning
Edtech unicorn and India’s most valuable startup Byju’s is continuing its acquisition spree by buying after-school learning app Toppr and upskilling platform Great Learning in a cash and stock deal.
Read More

 

Moj, ShareChat owner raises $145M at $2.8B valuation from Temasek, others
Mohalla Tech, the parent company behind Moj and ShareChat, has raised $145 million as an extension of its Series F round. The investment has been led by Singapore state investor Temasek, Moore Strategic Ventures (MSV), along with participation from Mirae-Naver Asia Growth fund.
Read More

 

Startup News Snippets

M&A News

Market Pulse

  • Mumbai-based mortgage finance startup Easy has raised $15 million in Series A funding from Xponentia Capital Partners, Harbourfront Capital, Finsight VC, RaSa Future Fund, Navida Capital AB, Helena Wasserman Eriksson and Integra Software
  • Jaipur-based skincare brand Minimalist has raised $15 million in Series A funding from Sequoia Capital India and Unilever Ventures
  • Bengaluru-based fintech startup Slice has raised $10 million in debt funding from Northern Arc Capital, Niyogin Fintech Limited, Credit Saison India and Vivriti Capital
  • Bengaluru-based real-estate investment startup Strata has raised $6 million in Series A funding from Kotak Investment Advisors Limited, Gruhas Proptech, Sabre Investments, Elevation Capital, Mayfield India and Gemba Capital
  • Mumbai-based clean-label food brand The Whole Truth has raised $6 million in Series A funding from Sequoia Capital India, Matrix Partners India, Sauce.Vc, Kalyan Krishnamurthy, Sujeet Kumar, Ashneer Grover and Shashvat Nakrani

Ecosystem Weekly | 25th July’21

July 25, 2021

Byju’s acquires US-based reading platform Epic for $500 mn
BYJU’s has acquired Epic, a Redwood City, California based digital reading platform for children for $500 million (Rs 3,730 crore per current exchange rates).
Read More

Lenskart raises $220M led by Temasek and Falcon Edge
Lenskart, the omni-channel D2C eyewear brand and a unicorn startup, has raised $220 million led by Temasek, the sovereign wealth fund of Singapore, and Falcon Edge Capital.
Read More

Startup News Snippets

M&A News

Market Pulse

  • Bengaluru-based agritech startup Vegrow has raised $13 million in funding from Lightspeed Venture Partners and Elevation Capital
  • Bengaluru-based B2B tech marketplace for seafood Captain Fresh has raised $12 million in Series A funding from Accel Partners, Matrix Partners India, Ankur Capital, Incubate Fund, Jitendra Gupta, Asish Mohapatra, Ruchi Kalra, Souvik Sengupta, Rajesh Yabaji, Revant Bhate, Ramakanth Sharma and Amrish Rau
  • Bengaluru-based fintech platform SmartCoin Financials has raised $11 million in debt funding from Northern Arc, Vivriti Capital, MAS, India SME and other HNIs
  • Gurugram-based agritech startup Otipy has raised $10 million in Series A funding from SIG, Omidyar Network India, Innoven Capital, IPV, Pravega and FactorE
  • Gurugram-based online D2C personal care brand Bella Vita Organic has raised $10 million in funding from Ananta Capital

Ecosystem Weekly | 18th July’21

July 18, 2021

OYO raises $660M term loan funding from institutional investors
Oyo has announced that it has raised a Term Loan B (TLB) funding of $660 million from global institutional investors. The hospitality unicorn in its statement said that the offer was oversubscribed by 1.7 times.
Read More

Reliance Retail to acquire 66.95% stake in Just Dial for $469 mn
Reliance Retail Ventures Limited (RRVL) announced it will acquire a controlling 66.95% stake in local search engine platform Just Dial Ltd for Rs 3,497 crore ($469 million).
Read More

Startup News Snippets

M&A News

Market Pulse

  • Vadodara-based specialty chemical manufacturer Tatva Chintan Pharma Chem has raised $21 million in funding from Goldman Sachs India, Abu Dhabi Investment Authority, Aberdeen Standard Asia Focus Plc, Malabar India Fund, Axis Mutual Fund, ICICI Prudential MF, HDFC MF, SBI MF, Aditya Birla Sun Life MF and SBI Life Insurance
  • Bengaluru-based business-in-a-box platform for professionals Protonn has raised $9 million in seed funding from Matrix Partners India, 021 Capital, Tanglin Venture Partners, Binny Bansal, Kalyan Krishnamurthy, Neeraj Arora, Sujeet Kumar and Kunal Shah
  • Bengaluru-based reseller platform OneCode has raised $5 million in funding from Surge, Nexus Venture Partners, WaterBridge Ventures, Aakrit Vaish, Amrish Rau, Anand Chandrasekaran, Arjun Vaidya, Ashish Dave, Cloud Capital, Gaurav Munjal, Harshil Mathur, Jitendra Gupta, Kunal Shah, Lalit Keshre, Miten Sampat, Pravin Jadhav, Rahul Mathur, Sandeep Srinivas, Sujeeth Kumar, Sweta Rau and Vivek Ananda
  • Chennai-based aqua farmers’ network Aquaconnect has raised $4 million in pre-Series A funding from Rebright Partners, Flourish Ventures, AgFunder, 6G Capital, Omnivore, HATCH
  • Bengaluru-based electric vehicle maker Ati Motors has raised $4 million in pre-series A funding from Blume Ventures, Exfinity Venture Partners and other HNIs

Ecosystem Weekly | 11th July’21

July 11, 2021

Fintech platform Pine Labs announces $600M round led by Fidelity and BlackRock
Fintech unicorn Pine Labs, on Tuesday announced an investment round of $600 million led by Fidelity Management & Research Company and BlackRock Inc.
Read More

MTG acquires India-based PlaySimple; Chiratae, Elevation Capital exit
Sweden-based Modern Times Group ( MTG) said on Friday it has acquired Chiratae Ventures and Elevation Capital-backed Indian word games developer PlaySimple.
Read More

Startup News Snippets

M&A News

Market Pulse

  • Delhi-NCR based healthtech platform BeatO has raised $6 million in funding from W Health Ventures, PharmEasy, Merisis VP, Orios VP, Leo Capital and other HNIs
  • Bengaluru-based construction management app Powerplay has raised $5 million in funding from Accel Partners, Surge and other HNIs
  • Bengaluru-based marketplace for commercial vehicles Vahak has raised $5 million in pre-Series A funding from RTP Global, Luxor Capital, Leo Capital, Kunal Shah, Jitendra Gupta, Vidit Aatrey, Sanjeev Barnwal, Mohd Farid, Amrish Rau, Harsimarbir Singh, Kunal Bahl and Ravish Naresh
  • Bengaluru-based drone analytics platform startup Skylark Drones has raised $3 million in pre-series A funding from InfoEdge Ventures, IAN Fund, AdvantEdge Founders, Fowler Westrup, Redstart Labs, IKP and Vimson Group
  • Bengaluru-based rewards-based payment network TWID has raised $3 million in funding from BEENEXT, Surge, Kunal Shah, Rajul Garg and YourNest India

Ecosystem Weekly | 04th July’21

July 4, 2021

EdTech platform Saarthi Pedagogy to empower Indian schools with Rs 7 crore of fresh funding led by Ecosystem Ventures
Ecosystem Ventures which invests in disruptive startups and helps them scale has recently invested in Ahmedabad-based EdTech startup, Saarthi Pedagogy, which provides a Technology Platform to integrate all segments of K-12 education for enabling stellar learning outcomes.
Read More

Licious raises $192M in Series F round led by Temasek and Multiples PE
Hyderabad-based Fourth Partner Energy on Wednesday announced that it has raised $125 million in equity funding from Norfund – the Norwegian Investment Fund – and existing shareholder The Rise Fund, TPG’s global impact investing platform.
Read More

Startup News Snippets

M&A News

Market Pulse

  • Mumbai-based D2C brand FRAAZO has raised $11 million in Series A funding from Sixth Sense Ventures, NABVENTURES, Equanimity Ventures; Manish Choksi and Apar Group
  • Bengaluru-based gaming platform Loco has raised $9 million in seed funding from Krafton, Lumikai, Hashed, Hiro Capital, North Base Media, Axilor Ventures and 3one4 Capital
  • Bangalore-based used motorcycles brand CredR has raised $7 million in funding from Yamaha Motors, Omidyar Network India, Eight Roads Ventures and Astarc Ventures
  • Gurgaon-based healthtech startup Meddo has raised $6 million in pre-Series A funding from SRI Capital, Picus Capital and Alkemi Capital
  • Kolkata-based edtech startup Nalanda Learning Systems has raised $5 million in funding from Aavishkaar Capital

 

Ecosystem Weekly | 27th June’21

June 27, 2021

Temasek, TPG Growth backed PharmEasy to buy listed diagnostics firm Thyrocare
Private equity and venture capital backed PharmEasy has signed a definitive agreement to acquire a majority stake in diagnostics firm Thyrocare Technologies for Rs 4,546 crore ($613 million).
Read More

Piramal Pharma’s contract division completes acquisition of Hemmo
The contract development and manufacturing organisation of Piramal Pharma Ltd on Wednesday said it has completed the acquisition of Hemmo Pharmaceuticals Pvt Ltd.
Read More

 

Startup News Snippets

M&A News

Market Pulse

  • Bangalore-based social community platform Kutumb has raised $26 million in Series A funding from Tiger Global
  • Gurgaon-based social commerce startup CityMall has raised $23 million in Series B funding from General Catalyst, Jungle Ventures, investors Accel, Elevation Capital and WaterBridge Ventures
  • Delhi-based real estate company MYRE Capital has raised $7 million in funding from undisclosed investors
  • Mumbai-based full-stack D2C brand Skillmatics has raised $6 million in Series A funding from Sequoia Capital India, Jalaj Dani Family Office and other HNIs
  • Delhi-based healthcare startup Synapsica Healthcare has raised $4 million in Series A funding from IvyCap Ventures, Endiya Partners, Y Combinator and other HNIs

Ecosystem Weekly | 20th June’21

June 20, 2021

BYJU’S surpasses Paytm to be India’s most valuable startup after raising $350M
Edtech unicorn BYJU’S has surpassed fintech major Paytm to become India’s most valuable startup after its latest round of funding.
Read More

Apna raises $70M in Series B round led by Insight Partners and Tiger Global
Bengaluru-based professional networking and jobs platform Apna has raised Series B funding of $70 million led by Insight Partners and Tiger Global, at a valuation of $570 million.
Read More

Startup News Snippets

M&A News

Market Pulse

  • Mumbai-based digital credit network Flexmoney has raised $5 million in Series A funding from Pravega Ventures, Z5 Capital and other HNIs
  • Bengaluru-based retail platform for food and grocery products Jumbotail has raised $5 million in debt funding from Alteria Capital
  • Surat-based men’s innerwear and comfort-wear brand XYXX has raised $4 million in Series A funding from DSG Consumer Partners, Synergy Capital Partners and Sauce.VC
  • Delhi-based insurtech platform Vital has raised $3 million in pre-Series A funding from BLinC Invest, Venture Catalyst, Survam Partners and other HNIs
  • Bengaluru-based contract lifecycle management platform SimpliContract has raised $2 million in seed funding from Kalaari Capital, Picus Capital, Arka Venture Labs and Digital Sparrow Capital
« First‹ Previous2223242526Next ›Last »