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Topics: Business News

TrulyMadly raises INR 16 Crore in pre-Series A round from Venture Catalysts, Vijay Shekhar Sharma, and others

India-based online dating app TrulyMadly has raised Rs 16 crore in Pre-Series A round funding. The round saw participation from Venture Catalysts, 9 Unicorns, early-stage...

Inflexor Ventures leads an investment round in Vitra

Inflexor Ventures, a leading deep-tech VC, has invested an undisclosed amount in content translation platform, Vitra.ai, as a part of its DeepTech Fellowship Program...

Bitex to provide mandatory cryptocurrency investment disclosure report

UAE-based global cryptocurrency Exchange Bitex announced that it has commenced providing 'Investment Declaration Report' for all its retail and institutional investors, becoming the first...

Stride Ventures disbursals cross Rs 200 crores in 2021

India-based debt round investor, Stride Ventures has disbursed over INR 200 crores across 10 deals that were sanctioned in 2021. The firm has also...

Acies launches Funding & Tech Development Program for Startups and Entrepreneurs

Global technology and advisory firm, Acies has announced the launch of a special initiative aimed at supporting budding entrepreneurs and startups that face technological,...
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ixamBee mergers with online competitive Exam Preparation platform TargetRBI

Leading edtech platform ixamBee has announced the merger of online competitive exam preparation platform TargetRBI.  TargetRBI is an initiative launched in 2012 by former RBI...

We Founder Circle leads Avni $75K seed round

We Founder Circle (WFC), a startup investment platform, in continuation of its mission to seed fund early-stage startups, has invested in Avni, a startup...

Neobank Fi partners with Federal Bank to launch its service India

Neobank for salaried millennials Fi has today announced the launch of its service in India. Fi, was established with a strong purpose to help people...

M1xchange scores $10 mn from Amazon and others

M1xchange, a Reserve Bank (RBI) approved Trade Receivable Discounting System (TReDS) license holder has raised $10 million in new round funding led by Amazon. The...

Three Wheels United, Porter partners to enter in cargo segment

Bengaluru based tech-enabled financier of light electric vehicles, Three Wheels United has announced its partnership with city logistics company Porter to enter into the...
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Inflection Point Ventures leads AnKa SumMor Rs 3 crore pre-Series A round

AnKa SumMor, a sales and Distribution (S&D) platform for FMCG has raised Rs 3 crore in pre-Series A round funding led by Inflection Point...

Flipkart acquires 100% stake in online travel company ClearTrip

Walmart-owned e-commerce company Flipkart has announced the acquisition of online travel company ClearTrip for an undisclosed amount. "Under the terms of the agreement, Cleartrip operations...

Larsen & Toubro Infotech names Anil Rander as CFO

Technology consulting company Larsen & Toubro Infotech (LTI) has announced the appointment of Anil Rander as its new Chief Financial Officer (CFO). Anil Rander holds...

Footwear startup Solethreads scores Rs 13 crore in Series A round

India-based youth-centric footwear startup Solethreads has announced the completion of its Rs 13 crore series A round of funding led by DSG Consumer Partners...

Bharat Petroleum Corporation Ltd, Accenture teams up to digitize sales and distribution network

India's largest oil and gas company, Bharat Petroleum Corporation Ltd (BPCL) has announced its partnership with Accenture to digitize its sales and distribution network. "As...
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India-EU trade deal negotiations to re-start from next month

"The trade deal negotiation between India, and the European Union (EU) on a free trade agreement that has been stalled since 2013, will restart...

Pine Labs acquires Fave in $45 mn cash and stock deal

Pine Labs, a digital payment and commerce solution provider to merchants has announced the acquisition of Malaysia-based Fintech startup Fave for $45 million in...

BlackSoil Capital pumps Rs 12 crore in Freightwalla, UpMoney and Rapidox

Debt round venture fund BlackSoil Capital has invested over Rs 12 crores in digital freight forwarding startup Freightwalla, UpMoney NBFC, and D2C affordable fashion...

Dybo raises Rs 1.2 crore in series seed round

Bangalore based product visualization technology startup, Dybo has raised $1.2 crore in series seed round funding. The round was led by Singapore based VC firm...

Morgan Stanley India Infrastructure acquires stake in iBus Network for Rs 150 crore

Morgan Stanley and iBus Network ("iBus") today announced that Morgan Stanley India Infrastructure has invested ₹150 Crores (US$ 21 Million) to acquire a stake...
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Inflection Point Ventures leads Rs 5.5 crore pre-Series A round in PumPumPum

Used car leasing platform, PumPumPum has raised Rs 5.5 crore in pre-Series A round funding led by Inflection Point Ventures in participation with Lets...

Pitstop raises $3.5 Mn in pre-Series B round led by Ventureast

Multi-brand car service provider Pitstop has raised $3.5 million in a pre-Series B funding round led by Ventureast. The round also saw participation from ACKO...

U GRO Capital, SBM Bank partners to launch credit card for MSMEs

Small business financier U GRO Capital has announced its partnership with SBM Bank to launch 'GRO Smart Business' credit cards for small and medium...

Edelweiss Wealth Management appoints Pankaj Razdan as MD & Vice Chairman

Edelweiss Wealth Management (EWM), has today announced the appointment of Pankaj Razdan as Vice Chairman and Managing Director. "In his new position, Razdan will lead...

Spinny draws $65 million in series C round

India settled used cars retailing platform Spinny has raised $65 million in series C round funding . Led by General Catalyst, in participation with new...
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Cashinvoice records Rs 2,100 crore of throughput in FY20-21

The digital supply chain finance marketplace has recorded a transaction throughput of Rs 2,100 crores in FY 2020-21. Launched in 2018, Cashinvoice offers end-to-end Supply...

We Founder Circle leads $250K seed round in Karnival

A SaaS-based customer engagement platform for retailers and brands, Karnival has raised $250K in series seed round funding led by We Founder Circle. The round...

Jana Small Finance Bank partners with Axis Securities to offer investment services

Jana Small Finance Bank has today announced its partnership with Axis Securities to offer investment services to its customers through a 3-in-1 account. "As a...

PM Narendra Modi criticizes CM Mamta’s poor industrial policy

Prime Minister Narendra Modi on Saturday, criticized CM Mamta Banarjee's government Industrial policy that has affected local industries. Addressing a political rally at Hooghly, West...

Bollywood Actor Salman Khan invests in short video app Chingari

India-based short video app Chingari has raised $13 million in a new round of funding led by OnMobile Global. The round also saw participation from...
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