Bike Taxi Startup Rapido Raises $43 Mn In Series C Funding
Rapido, a Bengaluru-headquartered bike taxi startup, has raised Rs 321 Cr or $43.4 Mn in a Series C funding round led by existing investor Westbridge Capital. First reported by Inc 42, the funding round also saw participation from firms including Nexus Ventures, Everblue Bangladesh LLC, Motherson Lease Solutions, MMPL Trust, […]
LEAD School Raises $30 Million In Series D Funding Round
LEAD School, an edtech company, has raised $30 million in its Series D funding round led by GSV Ventures. The funding round also saw participation from LEAD School’s existing investor WestBridge. First reported by entrackr, this is the first investment by the US-based venture capital firm in an Indian edtech […]
Tech-Enabled Car Service Startup Pitstop Raises $3.5M In Pre-Series B Funding Round
Tech-enabled multi-brand car service provider Pitstop has raised $3.5 million in a pre-Series B round led by Ventureast, along with ACKO Technologies, AngelList India, LetsVenture, and Blume Ventures, among others. As per the startup, it will use the funds to strengthen its end-to-end car maintenance operations in the existing cities. […]
Social Commerce Platform Meesho Raises $300 Million In Funding
Meesho, a social commerce platform, has raised $300 million in a new funding round led by Japan’s SoftBank Vision Fund 2. The funding round also saw participation from Meesho’s existing investors Prosus Ventures, Facebook Inc., Shunwei Capital, Venture Highway and Knollwood Investment. As per the startup, it plans to use […]
Neo Banking Startup StashFin Raises $40 Million In Series B Funding Round
Neo banking startup StashFin has raised $40 million in a Series B equity round led by a clutch of global investors, including Altara Ventures and Uncorrelated Ventures. The funding round also saw participation from Integrated Capital, Kravis Investment Partners, Saison Capital and Tencent Cloud Europe BV, along with existing investors, […]
OnMobile Global Invests In Homegrown Short Video App Chingari
Chingari, a video-focused social media platform, has raised $13 million (Rs 95 crore) in its latest funding round led by OnMobile Global. The round also saw participation from Astarc Ventures, Republic Labs US, White Star Capital, ProfitBoard Ventures, JPIN Venture Catalysts, and some UK-based large family office funds. With this […]
Amazon Technologies Acquires Bengaluru-Headquartered Retail Tech Startup Perpule
Amazon Technologies Inc, part of eCommerce giant Amazon, has acquired a Bengaluru-headquartered retail tech startup Perpule for Rs 107.60 crores. First reported by Mint, two individuals aware of the development added that Amazon is expected to pay additional remuneration to Perpule’s employees, which may increase the overall deal value to […]
IIT-Hyderabad Launches Semiconductor Startup Incubation and Acceleration Programme
Fabless Chip Design Incubator (FabCI), IIT Hyderabad and the Ministry of Electronics and Information Technology (MeitY) have collaborated with Dutch semiconductor manufacturer NXP to launch the maiden ‘Semiconductor Startup Incubation and Acceleration Programme.’ The programme aims to find, facilitate, and mentor semiconductor and IP design startups across India. As part […]
Tech Startup Homingos Raises Funding From BITS Spark Angel Network
Tech startup Homingos, with a focus on creating an augmented reality (AR) based social networking platform, has raised an undisclosed round of funding led by BITS Spark Angel Network members Raju Reddy, Sundi Natarajan, Jayan Ramankutty, Shivakumar Ganesan, Rahul Seth, and Srinivas Anumolu. As per the startup, it will use […]
Gurgaon-Based Startup DotPe Raises Funding From PayU, Info Edge Ventures, Google
DotPe, a Gurgaon-based offline-to-online commerce platform, has raised $27.5 million in a Series A funding round led by its early investor PayU. Google joins as a new investor, and Info Edge Ventures has doubled down on its seed investment in the company made last year and more than doubled its […]