Sheena
1407 stories by Sheena
Aye Finance is raising up to Rs 2,500 crore in debt
Microlending stage Aye Finance is raising up to Rs 2,500 crore in debt. The organization had raised its last value round for example Series E in June 2020. The organization has passed an exceptional goal to support the issuance of non convertible debentures (NCDs) on a private position up to Rs 2,50
Freshworks has initiated an offer of more than $500 million for different shareholders and more
A perfect example of the Indian SaaS space, Freshworks has initiated an offer of more than $500 million for its senior-level leadership, workers and different shareholders, making it one of the biggest cashouts by an Indian startup this year. The organization has documented a re-offer outline with t
R for Rabbit, a D2C baby products brand, has raised Rs 40 Cr or $5.3 million
R for Rabbit, a D2C baby products brand, has raised Rs 40 Cr or $5.3 million in a new round drove by Xponentia Capital Partners. According to the Ahmedabad-based startup, the assets will be utilized to strengthen its brand, ramp up distribution and operations in the homegrown market, enhance its exi
LoveLocal has raised $18 million in its pre-Series B round
Hyperlocal startup LoveLocal (formerly m.Paani) has raised $18 million in its pre-Series B round drove by Vulcan Capital. Flat Capital and Alumni Ventures Group and Commerce Ventures have also joined the new round. Existing backers – Blume Ventures, AC Ventures, HenkelX Ventures, and Chiratae Ventur
Agritech startup Gramophone has raised $10 million in its Series B round
Agritech startup Gramophone has raised $10 million in its Series B round led by Z3Partners. Existing backers Info Edge, Asha Impact, Siana Capital along with new investors have also participated in the round. The startup had raised $3.4 million led by Siana Capital in December 2020. According to the
Coinbase has acquired deep tech startup Agara
The energy in the cryptocurrency space keeps on developing. Coinbase, the cryptocurrency trade monster from the US, has procured Agara, an AI-fueled help platform with activities in India and the US, said Coinbase on Tuesday. This is the first securing for Coinbase which has been employing individua
State legislatures have asked a Parliamentary panel for a decentralized data protection authority
State legislatures have asked a Parliamentary panel pondering on the Personal Data Protection Bill for a decentralized data protection authority (DPA) to alleviate worries of a solitary, all-amazing DPA as right now proposed in the bill, individuals mindful of the matter said. The proposition is pro
Zerodha has created new ESOP plan of Rs 100 Cr
Stockbroking app Zerodha is making this Diwali special for its representatives as the company has created a new worker investment opportunities (ESOP) plan. With this, the company joins the rundown of several development stage companies, for example, Paytm, Swiggy and Rivigo among others who have ei
GoMechanic had raised $42 million in a new round
Tiger Global is known for making large wagers, yet this year it has also shown interest in making smaller wagers between $15-35 million. Small and medium endeavors (SMEs) centered insurance platform Plum and multi-brand car studio and spare parts firm GoMechanic raised early-stage assets from the ce
Purplle has gathered up $75 million in its Series E round
Women centered online beauty and grooming marketplace Purplle has gathered up $75 million in its Series E round led by private value firm Kedaara Capital. This is the second funding round for the Mumbai-based startup in 2021 which raised $45 million in its Series D round in March. Purplle has raised
Neobanking startup Fi has raised around $50 million
Neobanking startup Fi (earlier epiFi) has raised around $50 million in what appears to be a Series B round led by B Capital. This is the second fundraise for the Bengaluru-based startup in 2021. In June, it had raised a $12 million Series A round. Fi has approved the allotment of 1 value and 3,90,53
Adda247 raised $20 Mn in a new round drove by Westbridge
Adda247, an edtech startup zeroed in on the public authority test preparation section, is in advanced stage talks to raise $20 million from a new and existing investor, said two sources aware of the details of the transaction. On September 21, Entrackr had solely announced that Adda247 was scouting
B2B automobile spares startup Koovers has raised $1.5 million
B2B automobile spares startup Koovers has raised $1.5 million led by Inflection Point Ventures (IPV), JPIN-VCats and Venture Catalysts. According to the Delhi-based startup, the assets will be utilized to expand its quality across India, expand its item portfolio, and upgrade its innovation platform
Acko has raised $255 million in a new round led by General Atlantic and Multiples Private Equity
Digital insurance supplier Acko has raised $255 million in a new round led by General Atlantic and Multiples Private Equity. The round also saw participation from CPPIB, Lightspeed Growth and existing investors Intact Ventures and Munich Re Ventures. According to Acko, the new assets have been raise
OneCard in talks to wipe up $100 million in a new round from new and existing investors
Mobile-first credit card company OneCard, possessed by FPL Technologies, is in talks to wipe up $100 million in a new round from new and existing investors, according to two sources aware of the details of the conversation. This will be the third infusion in the Pune-based company in 2021 which had
D2C petcare brand Wiggles has brought $5.5 million up in a new round
D2C petcare brand Wiggles has brought $5.5 million up in a new round drove by Anthill Ventures. Panthera Peak Ventures alongside a few new and existing investors, for example, Varun Alagh, Nikhil Bhandarkar and Nachiket Deshpande have additionally partaken. The funding cash will be utilized for R&am
Healthcare Edtech startup Virohan has brought extra $1.3 million up in a bridge round
Healthcare edtech startup Virohan has brought extra $1.3 million up in a bridge round from its existing benefactors like Keiretsu Forum, Priya Shah, Better Capital, Vikas Gambhir and Joydeep Battacharya. According to Virohan, the assets will be utilized to grow to new topographies PAN India, to crea
Cloudphysician has raised $4 million in its pre-Series A round
Cloudphysician, a healthcare and innovation arrangements supplier, has raised $4 million in its pre-Series A round drove by Elevar Equity. According to the Bengaluru-based startup, the assets will be utilized to expand its critical care footprint globally, foster adjacent arrangements and develop it
LoveLocal has raised $18 million in its pre-Series B round
Hyperlocal online business startup LoveLocal (in the past m.Paani) has raised $18 million in its pre-Series B round drove by Vulcan Capital. Flat Capital and Alumni Ventures Group and Commerce Ventures have also joined the new round. Existing backers – Blume Ventures, AC Ventures, HenkelX Ventures,
SupplyNote has raised $1.2 million in its pre-Series A round
SupplyNote, a SaaS startup zeroed in on helping F&B businesses, has raised $1.2 million in its pre-Series A round drove by Venture Catalysts. The US-based Astor Management, SOSV, Riso Capital Manjal Investments, Angelbay, SucSEED Ventures, DevX Fund, Sarcha Advisors, and Faad Network have also p
DeHaat has gathered up $115 million in Indian agritech space
DeHaat, an online commercial center for ranch administrations and items, has gathered up $115 million in what appears to be the largest funding round for an agritech startup in India. The organization’s Series D round was driven by Belgium based investment firm Sofina and Lightrock India. Tema
Swiggy has allotted stock options of Rs 329 Cr to its employees
Foodtech major Swiggy has distributed value shares under its representative stock ownership plan (ESOP) and the board stock ownership plan (MSOP) to its employees and top executives individually. According to Swiggy’s regulatory filings, it has designated ESOP Equity shares worth Rs 132.5 cror
Instoried has brought $8 million up in a new round
Instoried, an AI-drove content intelligence stage, has brought $8 million up in a new round drove by Pritt Investment Partners and 9Unicorns. Mumbai Angels, Venture Catalysts Angel Fundm SOSV and a couple of HNIs have additionally joined the round. The funding continues will be utilized to reinforce
Spottabl has raised Rs 3.5 crore in its seed round
Spottabl, a SaaS-enabled full-stack hiring platform, has raised Rs 3.5 crore in its seed round. The round saw participation from Paradigm Shift VC, LetsVenture, Binny Bansal and others. According to Spottabl, the assets will be used towards building a scalable self-serve item and start development i
E42 has raised $5.4 million in its Series A round led by Pavestone Ventures
E42, a no-code AI platform, has raised $5.4 million in its Series A round led by Pavestone Ventures. Founded in 2012 by Animesh Samuel and Sanjeev Menon, E42 makes process-centric and people-centric automation easier across verticals by driving human-like insight across these processes. The automati
Wobb, an influencer marketing automation platform, has raised Rs 2.1 crore in its pre-seed round
Wobb, an influencer marketing automation platform, has raised Rs 2.1 crore or $279K in its pre-seed round drove by Titan Capital, Kunal Bahl and Rohit Bansal (Snapdeal organizers) and Point One Capital. A grasp of marquee angel investors, for example, Alok Kohli, Sanjeev Bhargava among others have a
O4S an IoT SaaS startup, has raised $6 million in its Series A
O4S, an IoT SaaS startup, has raised $6 million in its Series A round drove by Think Investments with participation from existing investor Venture Highway. O4S had raised a total of $3.5 million in various investment rounds backed by Venture Highway and angel investors. According to the Gurugram-bas
BASIC Home Loan has raised $3.5 million in its Series A round
BASIC Home Loan, a fintech startup, has raised $3.5 million in its Series A round drove by Venture Catalysts (VCats) and Gruhas Proptech. Earlsfield Capital and Good Capital, along with existing investor Picus Capital have also participated. Established in 2020 by Atul Monga and Kalyan Josyula, BASI
FarMart has raised $10 million in a funding round drove by Matrix Partners India
FarMart, a SaaS-drove food supply platform, has raised $10 million in a funding round drove by Matrix Partners India. Innoven Capital and existing investors Omidyar Network India, Avaana Capital, and 500 startups have also joined the round. The new round comes soon after four months, when the agrite
IDfy has raised Rs 86 crore or about $11.5 million in its Series D round
IDfy, an ID verification startup, has raised Rs 86 crore or about $11.5 million in its Series D round drove by TransUnion and Blume Ventures. According to the Mumbai-based startup, the assets will be utilized to fortify its item offerings and expand its business and operations. Established in 2011 b
Edtech platform Questt has raised $6.75 million in Series A round
Edtech platform Questt has raised $6.75 million in Series A round drove by Celesta Capital and Premji Invest. Existing backers, for example, AET Fund, Titan Capital, First Check and MarsShot Ventures have also participated, with Chiratae Ventures increasing its shareholding. The new round comes only
Google will cut its application store fees for all subscription-related apps to a limit of 15%
Google will cut its application store fees for all subscription-related apps to a limit of 15% from the very first moment rather than the current 30%, the organization reported on Thursday in the midst of rising regulatory examination of its and Apple’s application store rehearses. For digital
Cloud kitchen brand Rebel Foods gathered up $175 million in its Series F
Cloud kitchen brand Rebel Foods gathered up $175 million in its Series F round drove by Qatar Investment Authority and partook by existing investors. The speculation denoted the passage of the first full-stack food-tech organization into the pined for club of unicorns. In contrast to aggregators, fu
Nykaa has procured Kolkata-based local skincare brand Dot and Key
Excellence driven internet based commercial center Nykaa has procured Kolkata-based local skincare brand Dot and Key only days before the dispatch of its first sale of stock (IPO). Nykaa, in any case, didn’t disclose the subtleties of the exchange. Founded by Suyash Saraf and Anisha Saraf, Dot
CRED is all set to mark its first acquisition with the startup HipBar
CRED is all set to mark its first acquisition with the impending acquisition of Chennai-based alcohol payment and conveyance startup HipBar. The acquisition will facilitate a permit to offer a semi-shut wallet to CRED’s users. Also called a prepaid payment instrument permit (PPI), the semi-shu
BookingJini has raised $3.3 million in its pre-Series A round
BookingJini, a SaaS platform for inns, has raised $3.3 million in its pre-Series A round drove by Mumbai Angels Network. According to the Bhubaneswar-based startup, the assets will be utilized for item advancement and global expansion. Established in 2017 by Sibasish Mishra, BookingJini utilizes mar
Sourcewiz has raised $3 million in its seed round
Sourcewiz, a platform for exporters, has raised $3 million in its seed round co-drove by Blume Ventures and Alpha Wave Incubation (AWI). Ravi Bhargava, Rakshita Agrawal, and other marquee angels, for example, Dhruvil Sanghvi, and Ashish Tulsian have also joined the round. According to the Gurugram-b
CarDekho and Droom turned unicorns while Spinny is set to be valued more than $1.5 billion in a new round
The trade-in vehicle fragment has been really bustling this year. CarDekho and Droom turned unicorns while Spinny is set to be valued more than $1.5 billion in a new round. CarTrade appeared in the public market and SoftBank-backed Cars24 gathered up $450 million at around a $2 billion valuation. It
Yu has raised $1 million in its pre-Series A round
Packaged food brand Yu has raised $1 million in its pre-Series A round drove by Manish Choksi and Varun Vakil, part of the Asian Paints advertiser bunch. UK based hospitality bunch, Lalvani family; Nikhil Srivastava, head of India at PAG private value; and Vishal Sampat, organizer, Convonix, among o
Tamasha has raised $3 million in its pre-Series A round drove by Chiratae Ventures
Tamasha, a social gaming app, has raised $3 million in its pre-Series A round drove by Chiratae Ventures. 9Unicorns, Good Capital, Founderbank Capital, FirstCheque, PointOne Capital, Ice.vc, Nitish Mittersain, Siddharth , Navkiran Singh, Harsh Shah and Ramakant Sharma have also participated. Accordi
Biotech startup Metastop has raised Rs 1.3 crore or $173K in its seed round
Metastop Solutions, a biotechnology startup, has raised Rs 1.3 crore or $173K in its seed round drove by CIIE.CO. IKP Knowledge Park and angels have also participated. According to the Bengaluru-based startup, the funds will be utilized to scale its AI-based platform METSCAN, which characterizes can
SaaS Labs has raised $17 million in its Series A
SaaS Labs, an automation startup, has raised $17 million in its Series A round drove by Base 10 Partners and Eight Roads Ventures. According to the Noida-based startup, the new capital will be utilized to expand its client base, recruit talent, for item advancement and to further develop administrat
Unacademy is in talks to control over Swiflearn
The year 2021 has been of fundraising and consolidation for edtech new businesses. The ecosystem has effectively seen over twelve acquisitions this year and seems like the pattern is set to continue. In the wake of acquiring four companies this year, Unacademy is in talks to assume control over anot
CityMall is in talks to raise around $70 Mn in new fundraise
Social commerce stage CityMall is in talks to raise a new round as much as $70 million from new and existing backers, according to three individuals mindful of the arrangement. This will be the third round for the Guguram-based startup in 2021. It had scooped up $11 million Series An in March and $2
Aviom has brought $8 million up in its Series C round drove by Saber Partners
AVIOM India Housing Finance, a micro-contract housing finance company, has brought $8 million up in its Series C round drove by Saber Partners. According to AVIOM, the assets will be utilized to extend its presence and in business development. Established in 2016 by Kajal Ilmi, AVIOM caters to low-i
Wiingy brings has brought $400K up in a heavenly messenger subsidizing round
Wiingy, advanced mechanics edtech startup, has brought $400K up in a heavenly messenger subsidizing round from Aroa Ventures, Abhinav Sinha, Maninder Gulati, Kavikrut, Rohit Kapoor and Ashish Goel, alongside Vineet Nanda and Manish Chopra. As per Wiingy, the new capital will be utilized to create, s
Blockchain startup Arcana Network has brought $2.3 Mn round
Arcana Network, a blockchain startup, has brought $2.3 million up in a round drove by Republic Crypto and Woodstock Fund. Advanced Currency Group (DCG), Hyperedge, Sahil Lavingia’s shl.vc, Fenbushi Capital, LD Capital, and Paradigm Shift VC have additionally taken part in the round. The new ro
On AgriStack, Rainmatter Foundation need a ‘reasonable’ discussion
Rainmatter Foundation, a non-benefit drive by the group behind stockbroker Zerodha, has required a “reasonable and straightforward” public discussion measure for India’s aggressive arrangement to acquaint mechanical measures with the nation’s thriving cultivating biological s
Orphicy, an edtech startup, has raised Rs 2.5 crore or $331K
Orphicy, an edtech startup, has raised Rs 2.5 crore or $331K from NRI tech fans as of now working in administrative roles at Facebook, McKinsey, at a valuation of Rs 25 crore. IMS Learning Resources additionally got 1% stake in the organization. The first round of financing will be used to reinforce
Toch.ai has brought $11.75 million up in its Series
Toch.ai, an AI-driven SaaS stage, has brought $11.75 million up in its Series A round drove by Moneta Ventures, Baring Private Equity India, Binny Bansal, Ventureast, 9Unicorns, Anthill Ventures, Cathexis Ventures, SOSV, Artesian, and Innoven Capital. As per Toch.ai, the assets will be utilized to i
BlackSoil has contributed Rs 35 Cr in 5 startup
BlackSoil, an endeavor obligation reserve, has contributed Rs 35 crore of development capital as adventure obligation to five new companies to be specific Orange Retail Finance, WebEngage, Habanero Foods and CASHe and a conventional pharma organization. Orange Retail Finance is a Chennai-based, new
Neobanking startup Open has brought $100 million up in its Series C round
Neobanking startup Open has brought $100 million up in its Series C round. The round drove by Temasek was joined by Google and SBI Investment and saw interest from existing financial backers Tiger Global and 3one4 Capital. Open intends to utilize the financing to additionally fortify and speed up it
Creative Galileo has brought $2.5 million up in its seed round drove by Kalaari Capital
Edtech startup Creative Galileo has brought $2.5 million up in its seed round drove by Kalaari Capital with a venture of $2.1 million. Harish Bahl, Shashin Shah, Jinesh Patel, Atul Nishar, Ashwin Puri and Giridhar Malpani have additionally joined the round and put the leftover sum. The new capital w
Graphy, an Unacademy Group organization, has obtained Noida-based edtech startup Spayee for $25 million
Graphy, an Unacademy Group organization, has obtained Noida-based edtech startup Spayee for $25 million. The obtaining is pointed toward fortifying its administrative role in the maker economy, said Graphy in an official statement. Graphy was made as a stage for instructive substance makers to devel
ForeignAdmits has raised Rs 3.45 or $457K in its seed round drove by Unicorn India Ventures
ForeignAdmits, an information driven training stage, has raised Rs 3.45 or $457K in its seed round drove by Unicorn India Ventures. RiDiK Technology from Singapore, Manoranjan Mohapatra, Kumar Siddhartha, Chandra Shekhar Sharma, Sudhanshu Mishra, Sagar Gandhi and Mayank Sharma have additionally join
Chingari has recently affirmed that it has brought $19 million up in a new round.
Chingari has recently affirmed that it has brought $19 million up in a new round. Short video diversion application Chingari is good to go to bring $18-20 million up in a new round from new and existing financial backers, said two individuals mindful of the turn of events. This is the second round o
Dream11 has suspended its activities for clients in Karnataka
Dream sports stage Dream11 has suspended its activities for clients in Karnataka following a first data report (FIR) held up against the organization’s authors for abusing the new law prohibiting betting and wagering in web based games. Dream11 kept on working in the state until the principal
Electric bike maker Ather Energy has raised Rs 130 crore
Electric bike maker Ather Energy has raised Rs 130 crore obligation from existing financial backer Hero MotoCorp. This is the lady implantation in the Bengaluru-based organization this year. It had brought $35 million up in its Series D round in Nov 2020. Ather Energy has gotten an assent letter fro
Freshest unicorn Licious’ working income bounces 3.2X to Rs 420 Cr in FY21
Recently, meat and fish brand Licious turned into India’s first unicorn in the direct to purchaser section. The organization has raised a sum of $244 million during the most recent a half year and as of late recorded its FY21 budget summaries. We should investigate its monetary exhibition duri
Log 9 Materials has brought $2 million up in a new round
Log 9 Materials, a high level battery-tech startup, has brought $2 million up in a new round drove by Malaysia-based Petronas Ventures. The new round comes soon after two months, when the Bengaluru-based startup brought $8.5 million up in its Series A+ round drove by Amara Raja Batteries. Log 9 said