Ecosystem Ventures M&A Archives - Page 24 of 34

Ecosystem Weekly | 14th Mar ’21

March 14, 2021

Mumbai-based online insurance platform Turtlemint on Tuesday said it has raised a fresh round of growth financing from Singapore-based Jungle Ventures, bringing its Series D fundraise to $46 million.
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NODWIN Gaming, a subsidiary of Nazara Technologies, has raised Rs 164 crore (approximately $22.5 million) from Krafton, the South Korean developer of PUBG.
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Bengaluru-based oncology technology startup 4baseCare has raised $2 million in pre-Series A funding from Mount Judi Ventures, growX Ventures, Season Two Ventures, First In Ventures and other HNIs
Gurugram-based co-working aggregator platform Stylework has raised $548K in pre-Series A funding from Inflection Point Ventures
Delhi-based OTT platform STAGE has raised $480K in angel funding from Inflection Point Ventures, Vijay Shekhar Sharma, Sprout Investments Fund and Giri Malpani
Delhi-based student housing community Ezstays has raised $400K in seed funding from Richard Rekhy and other HNIs

Ecosystem Weekly | 7th Mar ’21

March 7, 2021

Chennai-based digital debt platform Northern Arc on Tuesday announced it has received $50 million in debt financing from US International Development Finance Corporation (DFC).
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Open-source distributed SQL database Yugabyte announced a $48 million funding round, led by Lightspeed Venture Partners with participation from Greenspring Associates, Dell Technologies Capital, Wipro Ventures, and 8VC.
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Sales engagement platform Outplay has raised $2 million in funding from Sequoia Capital India’s Surge
Indian mid-core sports studio All-Star Games has raised $1.5 million in pre-series A round from gaming-focused venture fund Lumikai along with Play Ventures
Pune-headquartered ed-tech startup ImaginXP has raised $1.5 million from Venture Catalysts, along with co-investors Shashank Deshpande, Krish Kupathil, Samyakth Capital, and others
IIT Madras-incubated startup Ubifly Technologies has raised $1 million in a seed funding round from Naval Ravikant, Java Capital, FirstCheque.VC, and IIM Ahmedabad’s CIIE.CO
Mumbai-based drone startup ideaForge has raised $1 Mn from BlackSoil. This announcement comes in right after IT services major Infosys announced its investment of $1 million in the company

Ecosystem Weekly | 28th Feb ’21

February 28, 2021

Info Edge on Monday said its investee company Zomato has raised $250 million (over Rs 1,800 crore) in funding from Tiger Global, Kora, and others, valuing the online food ordering platform at $5.4 billion.
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Infra Market joins the unicorn club, raises $100 million in a Series C round led by Tiger Global. The new fund raise will enable Infra. Market to enhance its technological offerings, seed newer markets and advance their initiatives.
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Bengaluru-based real estate company Settlin has raised $410 K from GSF Accelerator and ah! Ventures
Bengaluru-based healthcare robotics startup Comofi Medtech has raised $290 K from CIIE.CO, JITO Angel Network, and KIIT-TBI
New Delhi-based B2B fashion tech startup Couch Fashion has raised $150,000 in seed funding from We Founder Circle
Delhi-based podcast hosting, creation and distribution company Hubhopper has raised an undisclosed amount from Hindustan Media Ventures

Ecosystem Weekly | 21st Feb ’21

February 21, 2021

Tata Group plans to acquire 68% stake in BigBasket for Rs 9,500 crore

In yet another blow to China, the Tata Group is plannuing to acquire 68 per cent stake in online grocery platform BigBasket.

Fintech lending startup KreditBee raised $75 Million in Series C funding round

Fintech lending startup KreditBee said it has raised $75 million in a Series C funding round from investors such as Premji Invest, Mirae Asset, Alpine Capital, and Arkam Ventures.

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Kolkata-based conversational AI platform Mihup Communications has raised $2 Mn in Series A round. The funding is led by Accel Partners, Ideaspring Capital, venture capitalists Rajesh Jain and Jayant Kadambi
Bengaluru-based digital radiology platform 5C Network has raised pre Series A funding of $1 Mn from Unitus Ventures and Axilor Ventures
Mumbai-based social gaming startup Bombay Play has raised $1 Mn in seed funding led by Lumikai
Mumbai-based Ethereum Push Notification Service has raised $750 K in seed funding from prolific angel investors and HNIs
US-based private equity firm TPG will acquire a 7% stake in Mumbai-based online pharmacy Pharmeasy
California-based customer service platform for the e-commerce industry Richpanel has raised an undisclosed investment from Sequoia Capital India’s Surge

Ecosystem Weekly | 14th Feb ’21

February 14, 2021

Fintech platform BharatPe raises $108 M in series D round

Fintech startup for merchants, BharatPe, on Thursday announced that it has raised $108 million in Series D equity round, at a valuation of $900 million.

VerSe Innovation raises $100M from Qatar Investment Authority, Glade Brook Capital Partners

VerSe Innovation said it plans to deploy the funding steadily in scaling up the short video platform, Josh.

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Mumbai-based beauty and wellness company Scentials Beauty Care and Wellness has raised $6 Mn in funding from TIW Private Equity
Bengaluru-based edtech startup Newton School has raised $5 Mn in Series A funding from RTP Global
Mumbai-based real estate buying platform Method & Madness Technology has raised $2 Mn in seed funding from Justin Mateen and other HNIs
Gurugram-based B2B cross-border trading platform GlobalFair has raised $2 Mn in seed funding from Saama Capital and India Quotient
Gurugram-based watertech startup Swajal has raised $1.6 Mn in Pre-Series A funding from RVCF, Pramod Agarwal and other HNIs