Social E-Commerce Startup DealShare Raises Rs 25 Crore In Debt Funding
DealShare, a Jaipur and Bengaluru-based hyperlocal eCommerce startup, has raised Rs 25 crore in debt funding from Innoven Capital, making it second fundraising by DealShare in the last six months. In December 2020, DealShare had raised $21 million in Series C funding led by WestBridge Capital. As per the startup, it will […]
Venture Capital Firm Inflexor Ventures Launches Fellowship Programme For DeepTech Startups
Inflexor Ventures, an Indian Venture Capital firm, has launched a DeepTech Fellowship programme that will provide seed to series A funding to startups that are part of their $100 million fund. The Venture Capital firm has also partnered with 100X.VC, a sector-agnostic fund that invests in early-stage startups using iSAFE […]
Aerial Mobility Startup The ePlane Company Raises $1M In Seed Funding
Ubifly Technologies Private Limited, better known as The ePlane Company (TEC), has raised $1 million as part of its seed funding round. The funding round was led by Naval Ravikant (Co-founder, Chairman, and former CEO of AngelList) and deep-tech VC firm Speciale Invest. Java Capital, FirstCheque.vc, and IIM Ahmedabad’s CIIE.CO […]
Bengaluru-Based Cleantech Startup Clairco Raises Rs 4.2 Cr In Angel Funding
Bengaluru-based cleantech startup Clairco has raised Rs 4.2 crore in an angel funding round led by Sanjiv Bajaj (Jt Chairman and Managing Director, Bajaj Capital) at Anicut Angel Fund. The funding round also saw participation from investors like Max Group and Angel List. Clairco plans to use the funds for […]
Mumbai-Based Private Equity Fund OAKS Asset Management Launches Second Fund With Rs500 Cr Corpus
OAKS Asset Management, a Mumbai-based India consumer-focused private equity fund, has launched its second fund, the OAKS India Consumer Fund. It is an Alternative Investment Fund (AIF) – Category II, registered with the Securities and Exchange Board of India (SEBI). The OAKS India Consumer fund will have an INR 500 […]
Edtech Startup ImaginXP Raises $1.5 Million Led By Venture Catalysts
ImaginXP, a Pune-headquartered edtech startup, has raised $1.5 million in funding led by Venture Catalysts, along with co-investors Shashank Deshpande, Krish Kupathil, Samyakth Capital, and others. The current funding round is aimed at accelerating both offline and online degree programmes. As per the startup, it aims to utilise the fresh […]
Agritech Startup Clover Launches Direct-To-Consumer App Deep Rooted
Clover, an agritech startup, has launched its direct-to-consumer app Deep Rooted, as it moves away from its business-to-business (B2B) model to focus on a D2C business strategy. As per the startup, the new consumer brand Deep Rooted. Co is a demand-backed cultivation and supply chain solution for fruits and vegetables […]
Fintech Report: Indian Fintech Companies Receive $2.7 Billion Worth Investments In 2020
According to a report, venture capital funds pumped $2.7 billion into Indian fintech companies in 2020. Despite the COVID-19 induced disruptions, Indian fintech companies received this huge amount of investments from the VCs. Recently, India has also emerged as Asia’s biggest destination for financial technology (fintech) deals, leaving behind China […]
Early-Stage Strategic Investment Fund Tomorrow Capital Earmarks Rs 200 Cr Fund For Startups
Tomorrow Capital, a Mumbai-based early-stage strategic investment fund, said it is scouting for investment opportunities and has set aside Rs Rs 200 crore that will be deployed over the next 12 months. The Mumbai-based company said it has also led a Rs 47 crore Series A round in global education […]
Bengaluru-Based B2B Retail Tech Platform Arzooo Raises $6 Million From Trifecta Capital
Arzooo, a Bengaluru-based B2B retail tech platform, has raised $6 million from Trifecta Capital. Arzooo will leverage the fresh funds for market expansion and scaling its logistics and operational capabilities, as per the press statement. The startup also plans to ramp up its supply chain infrastructure with technology and operational […]