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 […]
Khatabook Acquires SaaS Accounting App Biz Analyst
Khatabook, a digital ledger startup, has announced the acquisition of software-as-a-service accounting app Biz Analyst for $10 million in a mix of cash and equity transaction. It is the first-ever acquisition by Khatabook, and with the acquisition of Biz Analyst, Khatabook will now be able to offer premium subscription services […]
Social Ecommerce Platform CityMall Raises $11 Million In Series-A Funding
CityMall, a social e-commerce and online grocery platform, has raised $11million as part of its Series A funding round led by Accel Partners. The funding round also saw participation from existing investors Elevation Capital, Jungle Ventures and WaterBridge Ventures. As per the startup, it will use the funding to strengthen […]