Sheena
1407 stories by Sheena
Gurugram SaaS startup is building programming quicker via mechanizing the whole QA measure
Organizations think that its difficult to hold existing clients, and it is an additional weight in groups when clients leave unannounced. Truth be told, nine out of 10 clients leave to stay away forever when they discover blunders in applications, which stays uncertain for a really long time. Organi
Sharechat has raised $502 million from Tiger Global Management and LightSpeed Ventures
Indian online media stage ShareChat has raised $502 million from Tiger Global Management and LightSpeed Ventures, while Snap Inc, Twitter and India Quotient, as well, partaken in the round. With the most recent venture, the startup’s valuation has gone up to $2.1 billion. The venture makes Sha
Brazil’s Nubank, others lead $44 mn Series B financing in neobank Jupiter
Brazil based Nubank and others have driven a $44 million Series B financing round in Mumbai and Bengaluru headquartered neobanking startup Jupiter. The round was likewise driven by Global Founders Capital, Sequoia Capital India, and Matrix Partners India. Mirae Assets Venture additionally joined the
OfBusiness has raised $160 Mn drove by SoftBank at $1.6 Bn valuation
Business to business e-commerce stage OfBusiness has raised a new round from SoftBank Vision Fund II and existing investor Alpha Wave Incubation. This is the second investment round for the Gurugram-based startup in 2021 which scooped up $110 million in a round led by Alpha Wave in April. OfBusiness
Zorro has brought $3.2 million up in a seed round
Zorro, a pseudonymous interpersonal organization, has brought $3.2 million up in a seed round from in excess of 16 unicorn founders including Vijay Shekhar Sharma, Ritesh Agarwal, Kunal Shah, Ankiti Bose, Ashneer Grover, Lalit Keshre, Gaurav Gupta and different other private supporters. Investment f
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Direct to purchaser (D2C) brands have been the kind of the year. Other than subsidizing and development in their scale in FY21, these local brands are becoming worthwhile securing recommendations for enormous scaled organizations. After the procurement of Dot&Key by Nykaa, the last option’
Shiprocket has brought $185 million up in a Series E round
Shiprocket has brought $185 million up in a Series E round co-drove by Zomato, Teamasek and Lightrock India. Existing financial backers InfoEdge Ventures and March Capital alongside Moore Strategic Ventures and 9unicorns additionally took part in the round. This is the third subsidizing round of the
Clensta has raised Rs 20 cr in a Series A funding
D2C brand Clensta has raised Rs 20 cr in a Series A funding drove by Venture Catalysts and Inflection Point Ventures. Stitch Angels, N+1 Capital (RBF) and different investors also participated in the round. The subsidizes raised will be utilized to scale up the company’s sales, help marketing
Tenantcube has raised $250K in a pre-Seed round from angel investors
Proptech platform Tenantcube has raised $250K in a pre-Seed round from angel investors including Archana Priyadharshini, Ashish Sharma and Rob K. Dawson. Girish Mathrubootham and Arvind Parthiban are the existing investors. The finances will be utilized for additional expansion of the sales and admi
In November PhonePe had the most UPI transactions
PhonePe and Google Pay keep on driving the UPI biological system in November with PhonePe, the Walmart-claimed organization supporting its lead of the beyond 11 months. PhonePe has enrolled 1,911.21 million transactions somewhat recently adding up to Rs 3,65,044.32 crore followed by Google Pay’
Ola scored valuations by $139 million in its continuous Series J round
Ola scored valuations by $139 million in its continuous Series J round drove by Edelweiss. The new tranche additionally saw the interest of 20 different financial backers including monetary companies, family workplaces, people and key financial backers. This is the second financing tranche for Ola i
Sequoia Spark Fellowship, a $100,000 plus mentorship to assist with empowering to become businesswoman
Sequoia India reported today the dispatch of Sequoia Spark Fellowship, a $100,000 award in addition to mentorship program to assist with empowering more ladies in India and Southeast Asia to become business people. In view of tracxn and crunchbase information, starting at 2020 only 12% of adventure
PlanetSpark has raised $13.5 million from Prime Venture Partners and more
Edtech platform PlanetSpark has raised $13.5 million from Prime Venture Partners and angels including Binny Bansal, Deep Kalra, Ashish Gupta, Gokul Rajaram, and Shirish Nandkarni, in a Series-B round. PlanetSpark had recently raised $3.7 million in past rounds from Prime Ventures, FIITJEE and severa
CometChat has raised $10 million in a Series A round drove by Signal Peak Ventures
SaaS company CometChat has raised $10 million in a Series A round drove by Signal Peak Ventures, including participation from existing investors Matchstick Ventures, Range Ventures, Unbound VC among others. Already, CometChat had raised $1.6 million in a Pre-Series A round. The funding will be used
Pocket FM has raised $22.4 Mn in a round drove by Lightspeed
Pocket FM, (OTT) audio-centered app, has raised $22.4 Mn in a round drove by Lightspeed. Times Group and Tanglin Ventures have also joined the new round. According to the Gurugram-based startup, the assets will be utilized to ramp up its operations and to assemble a larger substance creator local ar
Startup CHARGE+ZONE has raised $10 million as a bridge round
EV-charging infra startup CHARGE+ZONE has raised $10 million as a bridge round drove by Venture Catalysts and others, and will additionally raise Series A funding worth $50 million in 2022. The funding will assist Charge+Zone in amping up its already existing charging organization of more than 1000
LoanKuber has brought pre-Series A round of Rs 13 crores
LoanKuber has brought pre-Series A round of Rs 13 crores drove by Lets Venture which saw participation from Inflection Point Ventures among different investors. LoanKuber said it will utilize the returns towards building and expanding the team, enhancing the existing tech stack, onboarding 1000 MSME
Simplilearn has announced its first-ever ESOP buyback worth Rs 48.74 crore
Edtech platform Simplilearn has announced its first-ever ESOP buyback worth Rs 48.74 crore. The buyback was undertaken as part of the new investment by Blackstone earlier this year. The company had offered active workers to liquidate up to 25% of their vested ESOPs as part of this buyback, out of wh
Parablu has raised more than $1 million in pre-Series A funding round
SaaS platform Parablu has raised more than $1 million in pre-Series A funding round drove by Inflection Point Ventures. The funds raised will be used primarily for sales and marketing, targeted towards expanding appropriation channels and penetrating new markets in North America and to accelerate th
Airmeet is raising around $25-30 million at over $150 million in valuation
Virtual occasion organization startup and Zoom’s greatest rival in India Airmeet is in late-stage conversations to gather up a new round from new and existing backers, according to two individuals aware of the details of the potential transaction. The Accel-backed startup had last raised $12 m
Simpl has raised $40 million in a Series B round
Fintech platform Simpl has raised $40 million in a Series B round drove by Valar Ventures and IA Ventures with participation from LFH Ventures and other internal investors. This investment brings the total capital raised by the company to $83 million. Launched in 2015, Simpl enables merchants to pos
Swiggy jumped to $700 Mn in Instamart
At this very moment grocery conveyance business has turned hyper-cutthroat in 2021 and Swiggy’s Instamart is also set to guarantee grocery conveyance within 15 minutes. The Bengaluru-based company has announced that it will start the 15 minutes administration from January 2022. To develop Inst
Nxtwave has raised $2.8 million in a pre-Series A funding led by Orios Venture Partners and more
Edtech startup Nxtwave has raised $2.8 million in a pre-Series A funding led by Orios Venture Partners and Better Capital along with popular angels including Ravi Bhushan, Ramakant Sharma, Vikram Kailas, Umang Kumar, Chakradhar Gade, Anupam Mittal, Vikas Malpani, Rajesh Shawney, Nandu Nandkishore an
Startup BizzTm has raised $1.2 million led by 2 am VC along with Axilor Ventures and more
Startup BizzTm has raised $1.2 million led by 2 am VC along with Axilor Ventures, Let’s Venture, IIMI Fund, Qua Capital, Incisive Ventures, and angel investors like Anupam Mittal , Ramakant Sharma, Abhishek Nag, Ryan Valles and family offices like Patni, Supriyajith Family Trust, and Almoayed
Agritech startup Veg Route has raised $125K in a pre-seed round of funding
Agritech startup Veg Route has raised $125K in a pre-seed round of funding led by Mohan K, Jai Kumar, Prabhu R and Omar Bin Brek. Veg Route intends to use the fresh assets to expand in Tier-2 and Tier-3 cities by employing technology and building a solid in-house team. Founded in 2020 by Anand Alaga
Tiger Global has driven a $40 million round in EatClub Brands
The year may be coming to an end soon, but Tiger Global’s investment spree in Indian startups doesn’t appear to halt. The investment firm has driven a $40 million round in EatClub Brands, which operates cloud kitchen brands like BOX8 and MOJO Pizza. The Mumbai-based full-stack foodtech p
CollegeDekho has shut its $35 million round
College admission platform CollegeDekho has shut its $35 million round with the arrival of Disrupt ADQ and QIC. The round was driven by Winter Capital, ETS Strategic Capital, Calega and existing investor Man Capital. The Gurugram-based company had already raised $26.5 million in this round in Septem
Startup Nxtwave brings up $2.8 million in a pre-Series A funding round
Startup Nxtwave brings up $2.8 million in a pre-Series A funding round funding drove by Orios Venture Partners and Better Capital along with popular angels including Ravi Bhushan, Ramakant Sharma, Vikram Kailas, Umang Kumar, Chakradhar Gade, Anupam Mittal, Vikas Malpani, Rajesh Shawney, Nandu Nandki
Digiboxx has raised new assets and is presently esteemed at $15 million in pre-series A financing
Distributed storage as-a-administration startup Digiboxx has raised new assets and is presently esteemed at $15 million in pre-series A financing. The financing round was driven by CapGro Private Ltd. The organization intends to utilize the capital in item advancement, infiltrating further into curr
Ugaoo has raised $2 million in a pre-Series A round
D2C home gardening brand Ugaoo has raised $2 million in a pre-Series A round drove by DSG Consumer Partners and RPG Ventures. The startup plans to use the funds to expand its regional presence with center points and garden centers in Bangalore, Delhi, Kolkata and collaborate with international plant
Rebel Foods has topped up its Series F round with $14.5 million
Faasos parent Rebel Foods has topped up its Series F round with $14.5 million. The company had as of late gathered up $175 million in this round at a $1.4 billion valuation to turn into the first full-stack foodtech brand to enter the pined for club of unicorns this year. Rebel Foods has passed a [&
Indifi has raised Rs 340 crore or close to $47 million in a mixed round
Indifi, which operates an online lending stage that offers outsider credits to micro, little and medium enterprises, has raised Rs 340 crore or close to $47 million in a mixed round of equity and debt led by CX Partners and OP Finnfund Global Impact Fund I. Existing investors CDC Group, Omidyar Netw
Spinny has turned unicorn after raising around $248 million in its Series E round
Full-stack used vehicle retailing stage Spinny has turned unicorn after raising around Rs 1,849 crore or $248 million in its Series E round from new and existing investors. The fresh round has come after four months for the Gurugram-based organization which raised over $100 million in its Series D r
Drona Pay has raised $500K in a seed round
Mumbai-based SaaS instrument Drona Pay has raised $500K in a seed round from Varanium Capital, Credit Saison and from fintech veterans including Kunal Shah, Jitendra Gupta, Amrish Rau and a few others. The seed round will expand the technical and item team as the stage is witnessing footing from fin
Edtech startup Vedantu has initiated its first ESOP liquidity plan worth Rs 20 crore
Edtech startup Vedantu has initiated its first ESOP liquidity plan worth Rs 20 crore for its representatives under the startups ESOP linked reward pay-out plot, according to an internal organization email. The organization will accomplish more comparable rounds later on while expanding the extent of
Adonia Hospitality has brought $1 million up in a seed round
Food-tech startup Adonia Hospitality has brought $1 million up in a seed round from Pepperfry founders Ambareesh Murthy and Ashish Shah. The subsidizes will be conveyed to set up 6 extra eateries in the following a half year. The four-months-old organization is right now operating in the relaxed din
Mentorship platform MentorKart has gathered up $100K in it’s extended round of funding
Mentorship platform MentorKart has gathered up $100K in its stretched out round of funding from LetsVenture and entertainer Ashish Vidyarthi taking absolute assets raised to date to $250K. According to MentorKart, it will use the assets for its go-to Market plans, enhancing its platform, strengtheni
OfBusiness turned into the 18th startup to arrive at the unicorn by raising $360 million
OfBusiness turned into the 18th startup to arrive at the unicorn achievement recently subsequent to raising $360 million in progressive rounds drove by Softbank and Tiger Global within a range of 2 months. That makes it one of a handful of new businesses among the 39 that became unicorns this year.
Pidge has raised $1 million from Indian Angels Network (IAN)
Logistics platform Pidge has raised $1 million from Indian Angels Network (IAN). Before this round, the founders self-funded the organization with $2 million. The Gurugram-based startup will utilize the funds for expanding its essence to Chandigarh where they have as of late dispatched, upgrading it
WaterBridge Ventures has raised $150 million for its Fund II
Beginning phase VC firm WaterBridge Ventures has raised $150 million for its Fund II, half more than the arranged size, owing to elevated investor interest in view of unrivaled development of the Indian startup biological system. The final close has drawn near a year for the firm which reported its
D2C home gardening brand Ugaoo has raised $2 million in a pre-Series A round
D2C home gardening brand Ugaoo has raised $2 million in a pre-Series A round drove by DSG Consumer Partners and RPG Ventures. The startup plans to use the assets to expand its regional presence with centers and garden focuses in Bangalore, Delhi, Kolkata and collaborate with international plant comp
Short story media platform Sutradhar has raised $500K in a seed round
Short story media platform Sutradhar has raised $500K in a seed round drove by Venture Catalysts and LetsVenture. Existing investor Titan Capital along with angels like Sahil Barua, Shashvat Nakrani, Kush Agarwal also participated in the round. The fundraise will enable the platform in operational d
In Bengaluru BigBasket has introduced first physical store Fresho
Basic food item marketplace BigBasket has forayed into offline retail by opening another tech-driven Amazon Go like self-administration Fresho store at Basaveshwar Nagar, Bengaluru. Entrackr had only revealed the advancement on October 28 With this, clients can now place orders online and handpick f
Salesken has brought $22 million up in a Series B round
SAAS startup Salesken has brought $22 million up in a Series B round of funding drove by M12 and took part by existing investor Sequoia India. The organization will be using the assets to speed up venture into the North American market and invest further into their restrictive profound tech item. Es
Biryani By Kilo has brought $35 million up in a Series B round
D2C food-tech startup Biryani By Kilo [BBK] has brought $35 million up in a Series B round drove by Falcon Edge Capital with support from SBI and existing investor IvyCap Ventures. IvyCap Ventures had driven $5 million Series A round in the Gurugram-based startup BBK will utilize the new assets to e
iZooto has declared its maiden ESOP buyback program worth $1.35 million for all investors
Crowd marketing platform iZooto has declared its maiden ESOP buyback program worth $1.35 million for all investors including current and previous workers. Presently, 40% of iZootos workers with vested choices are eligible to sell up to 25% of their vested units, where the offer costs are esteemed at
Bengaluru-based NFT startup Lysto has raised $3 million seed capital
Bengaluru-based NFT startup Lysto has raised $3 million seed capital from BEENEXT, Better Capital and Cloud Capital. Angel investors including Binny Bansal, Kunal Shah, Ashish Hemrajani, Parikshit Dhar, Anupam Mittal, Ashish Gupta and Kumar Sudarsan also partook in the round. The recently raised fun
Knocksense has raised a bridge round worth $150K
Hyperlocal Content Platform Knocksense has raised a bridge round worth $150K drove by Applyhigh and others including We Founder Circle, Mumbai Angels and LetsVenture. The startup has raised $0.5 million in total to date. Established in 2016 by Vibhore and Varul Mayank, Knocksense is a platform that
VC firm 3one4 capital has raised Rs 1000 crore for its third flagship fund
Early-stage VC firm 3one4 capital has raised Rs 1000 crore for its third flagship fund from CDC Group, the Japan-India Fund-of-Funds, Nippon India Digital Innovation AIF (NIDIA) and South Korean video gaming giant KRAFTON. Prominent Indian gifts, for example, Catamaran, Premji Invest along with a co
Chalo is in conversation to get Ola-backed Vogo
Business by all accounts back for portability new companies after the passes up the pandemic. The last two-fourth of the ongoing monetary (FY22) have flagged this, just as the development on the fundraising front, with Ola, Ola Electric, Rapido, BluSmart, Zoomcar and Chalo raising new adjusts. The s
Zepto is raising $100 Mn at $500 Mn valuation
On-request basic food item conveyance fragment has turned hot in India and worldwide investors are displaying a solid craving to back this model that has seen a resurgence. Also, Zepto’s new round is a demonstration of that. The half year old startup is in talks to raise $100-125 million at a
Buyofuel has raised Rs 1.6 crore in a seed round
Buyofuel, an online commercial center for biofuels and squanders, has raised Rs 1.6 crore in a seed round drove by Inflection Point Adventures. The returns will be utilized in marketing exercises, business improvement and upgrading the current tech stack. Established in mid 2020, the Chennai-based s
Wakefit has raised Rs 200 crore ($28 million) in a financing round
Startup Wakefit has raised Rs 200 crore ($28 million) in a financing round drove by US-based SIG and participation from existing investors Sequoia Capital India and Verlinvest. Wakefit will utilize the new funds for its omni-channel expansion plans, bolstering its production network, technological t
Capital A has recently announced $25 Mn fund
Capital A, an early-stage focus adventure fund has invested in logistic-tech startup RoaDo. This marks the fund’s maiden investment from its recently announced proprietary fund of $25 million. Capital-A further plans to invest in 8-10 companies in a year with a ticket size of $50K to $500K and
Thrasio-style startup Evenflow has acquired games and wellness brand Xtrim
Thrasio-style startup Evenflow has acquired games and wellness brand Xtrim. With this, Evenflow has made its third acquisition in a month. Already it acquired baby brand BabyPro and Rusabl, an online brand in the daily sustainable category. Evenflow aims to create a solid and affordable local brand
Droom announced its $200 million pre-IPO round
Online pre-owned vehicle marketplace Droom had as of late looked into the unicorn club after announcing its $200 million pre-IPO round. By the numbers, it was the seventeenth unicorn in 2021 (this year India has minted 35 unicorns up until now). Notwithstanding, Droom’s Singapore-based holding
CloudFiles has raised Rs 2.36 crore in a pre-seed round drove by Titan Capital
Saas Startup CloudFiles has raised Rs 2.36 crore in a pre-seed round drove by Titan Capital. Marquee investors Ashish Garg, founder and President at Eltropy and Renil Komitla, Chief at Terralogic Software also participated in the round. The startup will convey the newly raised capital for team expan
Battery Smart has raised a pre-Series A round of $7 million
Battery-as-a-specialist co-op startup Battery Smart has raised a pre-Series A round of $7 million led by Blume Ventures and Orios Ventures. Green Frontier Capital, Baring Private Equity India along with notable angels like Srinivas Anumolu, K Ganesh, Niraj Singh and Amit Bhasin also participated in
Good Glamm Group has gathered up $150 million in its Series D round
Good Glamm Group, which claims direct-to-customer beauty brand MyGlamm, has gathered up $150 million in its Series D round led by Prosus Ventures ( previously Naspers), Warburg Pincus along with the participation from Alteria Capital and existing investors L’Occitane, Bessemer Venture Partners
Cora Health has raised Rs 4.6 crore in seed funding
Bengaluru-based sustenance and health food sources marketplace Cora Health has raised Rs 4.6 crore in seed funding led by angel investors Vishnuraj Kunjur, KRS Jamwal, and Ajay Upadhyaya from Indian Angels Network (IAN). Tholons Capital, Family Office of Apurva Parekh (Executive Director, Pidilite