Page 11 - Startup Funding

Virat Kohli-backed insurance startup hits $3.5-bn value after fresh funding

The company is raising $200 million from Sequoia Capital India, existing investor Faering Capital Pvt and others

EdTech start-up Nalanda Learning raises Rs 40 cr from Aavishkaar Capital

Education technology start-up Nalanda Learning Systems has raised Rs 40 crore from Aavishkaar Capital to expand operations nationally.

CredR raises $6.5 million in its latest round led by Yamaha Motors

CredR has raised $6.5 million in its latest round led by Yamaha Motors, existing investors Omidyar Network India and Eight Roads Ventures, with participation from automotive focused Astarc Ventures

Airblack raises $5.2 mn funding from Info Edge Ventures, Elevation Capital

Online makeup and beauty learning platform Airblack said it has raised $5.2 million in funding, co-led by Info Edge Ventures and Elevation Capital

Game streaming platform Loco raises $9 mn from Lumikai, Korea's Krafton

The round also saw participation by Hashed, Hiro Capital, North Base Media, Axilor Ventures, and 3one4 Capital

BharatPe in talks to raise $250 mn led by Tiger Global, says Report

Fintech major BharatPe, that hit a new high with 106 million monthly transactions in UPI in March this year, is reportedly raising nearly $250 million in its next funding round led by Tiger Global

Google Ventures-backed talent engagement startup Sense raises $16 mn

The company specialises in artificial intelligence-driven talent engagement and communication

Jobs platform Apna raises $70 mn from Insight Partners, Tiger Global

With this investment, Apna has now raised over $90 million and is now valued at $570 million, within 16 months of launch

Jumbotail raises Rs 35 cr from Alteria Capital in venture debt round

This venture debt round comes after a $25 million equity round concluded in January 2021

SimpliContract raises $1.8mn in seed-funding round led by Kalaari Capital

SimpliContract democratises contract authoring and establishes powerful post-signature contract management practices by leveraging AI and NLP

Anthill Ventures to roll out global fund, eyes big-ticket investments

Will invest in global startups looking to raise Series A, B and C round, size of fund is likely to be about $150 mn

EdTech startup Tekie raises $1.5mn in seed fund from GSV, Multiply Ventures

Better Capital has also participated in the round

Pristyn Care's valuation crosses $550 mn, raises $53 mn in funding round

Healthcare startup specialises in surgeries, plans to expand its business in more cities and towns.

Meesho becomes unicorn after SoftBank-led $300-million fundraise

Social commerce opportunity in India is pegged at $16-20 billion by 2025

With help from angel networks, investors get to back rising startups

Angel networks allow people to make collective investments and bring quality startups to their table

Singapore-founded IP platform raises $300 million to become unicorn

PatSnap, an intellectual property platform, has raised $300 million in its latest funding round led by SoftBank Vision Fund 2 and Tencent Investment, joining a list of global technology unicorns.

Klarna funding round makes it Europe's most valuable startup at $31 bn

It also puts the Swedish fintech on a par with many of Europe's biggest listed financial houses

FundVice to support startups with Rs 330 crore fund, accelerate 50 deals

Investment banking firm FundVice on Friday said it will support startups in India with a corpus of Rs 330 crore, which includes funding from its new fund Ryoma Ventures. The company has plans to raise up to Rs 250 crore and accelerate at least 50 deals by 2021-end. In addition, Fundvice has announced to set-up a sector-agnostic fund with about Rs 80 crore. "We have seen exciting start-ups that are revenue-generating but what they lack is the right support of investors. Various incubators, accelerators and mentors have been supporting the team of FundVice to support start-ups reach the heights they are at, but still lack investors. "To support them, we took the decision to start this fund, with the support of everyone, as the next step towards making a dent in the start-up ecosystem," Heena Aroora, Managing Director - FundVice and Ryoma Ventures, said in a statement. The company said it plans to close this fund soon with its present investors and is also looking at collaborations w

India set to have 150 unicorns, $1 bn startup funding deals: Experts

Big tech companies such as Facebook, Google and Microsoft are also eyeing large strategic investments in Indian startups

Fintech lending startup KreditBee raises $75 mn in Series C equity round

Bengaluru-headquartered fintech lending startup KreditBee has concluded its Series C equity round worth USD 75 million from Premji Invest, Mirae Asset Naver Asia Growth Fund, Alpine Capital and Arkam Ventures consisting of both primary and secondary investment. "With a larger portfolio of loan products, our objective is to provide credit to over 180 million new-to-credit customers who were not provided formal credit earlier. This investment would help us take more positive steps towards achieving that," Co-Founder & CEO of KreditBee Madhusudan E said. The holding entity has previously raised over USD 43 million cumulatively in equity from investors including ICICI Bank and Arkam Ventures, it noted in a statement on Monday. Registered in March 2016, the group entity also holds Krazybee Services Private Limited, Systemically important non-deposit taking non-banking financial company (NBFC-ND-SI) registered with the Reserve Bank of India since May 2017. The group ...