8i Ventures Raises $50M For Its Fund II, Will Focus On Fintech Startups
8i Ventures, a Mumbai & Bangalore based early-stage fund, has raised $50 million for its Fund II. The fund aims to invest in startups operating in the fintech space as the founder believes that “every consumer friction point in finance and consumer is a billion-dollar startup opportunity”. Speaking on the […]
Report: Around $17.2B Invested In Indian Startup Ecosystem By VC Firms During Jan-July 2021
As per data released by Venture Intelligence (VI) and the Indian Private Equity and Venture Capital Association (IVCA), Venture capital firms invested a total of $17.2 billion into the Indian startup ecosystem during January-July 2021. This invested amount is much higher than the investments made by VCs in 2020 and 2019, $11.1 […]
[Startup Funding] Gurugram-based Startup ChefKart Raises $300K Funding
ChefKart, a Gurugram-based startup providing experienced cooks, has raised $300,000 in a pre-seed round from Titan Capital, Lead Angels, Vipul Allawadhi (Co-founder, Kutumbh), Pravega Ventures, Manyavar Family Office (Ravi Modi), and Puja Vijayvargiya. As per the startup, it will use the funds to develop a product that can help users […]
[Startup Funding] B2B FMCG Wholesale Platform Apnaklub Raises $3.5M Funding
Apnaklub, a B2B wholesale platform for FMCG, has announced that it has raised $3.5 million in a seed round from Sequoia Capital India’s Surge. As per the startup, it will use the funding to expand across more rural areas in India and increase its range of services and products for […]
Social Gaming Startup Eloelo Raises $2.1M In Pre-Series A Funding
EloElo, a creator-led Social gaming & live streaming platform, has raised $2.1 million in a pre-Series A funding round, co-led by Waterbridge Ventures and Lumikai Fund (India’s 1st gaming and interactive media fund). The funding round also saw participation from Better Capital and talent management firm Exceed Entertainment. As per […]
Microlending Platform Pocketly Raises Undisclosed Funding
Microlending platform for college students Pocketly has raised an undisclosed amount of funding. The funding round was led by marquee angels like Ashneer Grover (Founder of BharatPe), Jaimin Bhatt (CFO at Kotak Bank), Siddharth Somaiya (Founder of Organic Riot), and Gaurang Shetty (CEO, RIIDL). Micro VCs such as Prophetic Ventures, […]
[Funding 2021] Indian Startups Receive Around $2 Billion Funding In First Two Months
Despite the COVID-19 crisis in 2020, Indian startups managed to gain the interest of the investors and estimated to have received $10.14 billion in funding across more than 1,200 deals in 2020. Startups from Bengaluru, Delhi NCR, and Mumbai accounted for 90% of the startup investments in the country, indicating the interest […]
Ready-To-Cook Food Brand ‘Fingerlix’ Raises Rs 20 Cr From Swiggy, Accel and Others
Fingerlix, a ready-to-cook food brand, has raised another tranche in its Series C round. The startup has raised around Rs 20 crore from Swiggy and some other investors. First reported by entrackr, Fingerlix has raised Rs 5 crore, Rs 2.5 Crore and Rs 2.33 crore from Rhodium Trust, Accel Partners, […]
Mumbai-Based Hospitality Startup ‘Vista Rooms’ Raises Funding Of Rs 10 Crore
Vista Rooms, a Mumbai-based hospitality brand, has raised Rs 10 crore in funding led by DSG Consumer Partners. The funding round also saw participation from other investors including CA Holdings, Artha India Ventures and Anand Ladsariya. Founded by avid travellers Ankita Sheth, Pranav Maheshwari, and Amit Damani in 2015, Vista […]
Kids-Focused Fintech Platform ‘Junio’ Raises Seed Capital From Kunal Shah
Junio, a kids-focused fintech platform, has raised seed capital from Kunal Shah. As per regulatory filings, Junio has allotted 75,000 convertible debentures at Rs 100 each to Shah’s QED Innovation Labs to raise Rs 75 lakh. First reported by entrackr, the company is also in an advanced stage to raise […]