Topics: Funding

Shadowfax raises $60 million in series D round funding from Flipkart, Eight Roads Venture, World Bank’s IFC, and others

India based logistics startup Shadowfax has raised $60 million in series D round funding from Flipkart, Eight Roads Ventures, and few others. The new round...

Dhruva Space secures Rs 5 crores in collective funding from Mumbai Angels, Ravikanth Reddy, and others

A Hyderabad-based end to end solution provider for building small satellites, Dhurva Space has secured Rs 5 crores in a collective angel round funding...

Argentina's fintech startup Uala plans for expansion with Tencent, SoftBank, and Pierpaolo Barbieri

Argentine digital banking startup Uala is looking to more than double in size, expand its product range and leverage expertise from new investors including...

India’s forex reserves increase by $441 million to a new lifetime high of $448.2 billion

India's forex reserves rose by $441 million to a fresh lifetime high of $448.249 billion in the week to November 15 on an increase...

Bookingjini scores Rs 3 crore from Mumbai Angels, Apurva Salarpuria and others

Bookingjini, a Bhubaneshwar-based online platform that allows hotels to generate direct booking on its platform, has scored Rs 3 crores in its seed...

pre-IPO round: Freshworks secures $150 million funding from Google, Sequoia, Accel Partners

Valuing the company at $3.5 billion, the Chennai-based customer engagement software company, Freshworks, has secured $150 million in new round funding from its existing...

RBI Deputy Governor Viral Acharya: Govt of India needs to undertake heavy disinvestment programme

The Indian government needs to reduce its reliance on bond markets and undertake a heavy disinvestment programme along with urgently implementing land, labour and...

Debunking Four Myths About International Debt Collection

“The borrower is a servant to the lender,” says a passage in The Bible, but if you are the creditor on an unpaid loan,...

Wipro Consumer Care Ventures to fund —India, Southeast Asian consumer brands startup

India’s leading FMGC company, Wipro Consumer Care and Lighting have announced a launch of its new venture fund called “Wipro Consumer Care Venture,” to...

Groww raises $21.4mn from Ribbit Capital, Sequoia India, and Y Combinator

A Bengaluru-based investing platform, Groww has raised $21.4 million in series B round funding from U.S. based Venture Capital firm Ribbit Capital, and others. The...

United States unveils plans to extend scrutiny of foreign investments

The US government outlined more detail on September 17 on its plans to beef up foreign investment oversight, including a proposal to permit the...

Air India Assets Holdings Ltd secures Rs 7,000 crore through bond issue

Air India Assets Holdings Ltd (AIAHL) on Monday raised Rs 7,000 crore through bonds issue, which was oversubscribed. AIAHL is a special purpose vehicle...

Kedaara Capital to infuse $55 million in retail eye-wear company Lenskart

Lenskart, an India-based eye-wear retail company, will be is raising Rs 392 crore (approx. $55 million) from private equity firm Kedaara Capital, a newspaper...

Ed-tech startup WhiteHat Jr secures $10Million from Nexus Venture Partners, Owl Ventures, and others

A Mumbai-based, Ed-tech startup WhiteHat Jr has secured $10 million in series A round funding from Nexus Venture Partners, and Omidyar Network. The new round...

LenDenClub raised $1 million in Pre-series A round funding from Artha Venture Fund, Transworld Group, Shuchi Kothari and others

Mumbai based, Peer-to-Peer (P2P) lending platform LenDenClub has raised $1 million in Pre-series A round funding from Artha Venture Fund, Transworld Group, and others. “With...

Samsung Venture funds $8.5 million in 4 Indian startups, plans to support 100 more startups in next 3-5 years

Samsung Venture Investment Corporation (SVIC), the investment arm of the South Korean tech giant, on July 10 said it has made its maiden investment...

Bengaluru based Fintech startup BharatPe secures $15.5 million in series A round funding from Insights Partners, Sequoia and Beenext

A Bengaluru-based fintech startup, BharatPe has announced that "it has raised $15.5 million in series A round funding from Insight Partners and few others. The...

OxfordCaps secures $8 million in Series A round funding from Times Internet, 500 Startups and others

A Singapore based student housing startup, OxfordCaps has announced that it has secured $8 million in series A round funding from Times Internet and...

Tata Capital bags $100 million in funding through ECB

Tata Capital, the financial services arm of the diversified conglomerate, will be raising $100 million in foreign borrowings through an arm by next week,...

Infosys partners with The House Fund II plans to invest $10 mn in AI focused startups from the University of California – Berkeley

Information Technology giant Infosys on Friday announced that "It has partnered with The House Fund ll, L.P. to invest $10 million in AI-focused fund...

China helps Pakistan with $2.1 billion loan

Cash-strapped Pakistan will receive over USD 2 billion loan from its "all-weather" ally China by Monday to provide a boost to its ailing economy,...

InstaReM secures another $20 million in series C round funding from Vertex Growth Fund and Atinum Investment

Ahead of making its plan to Initial public offering in 2021, Asia's leading cross border digital payment company InstaRem on Tuesday announced that "It...

Grab plan to raise more funding from SoftBank Vision fund and other strategic investors

Grab is considering raising more funds from strategic investors, the president of Southeast Asia's top ride-hailing firm said, after raking in over $4.5 billion...

TCIL plans to raise Rs 1,500 crore through IPO

State-owned Telecommunications Consultants India Ltd (TCIL) expects to raise roughly Rs 1,500 crore from its planned IPO and wants to retain part of the...

Hyperlocal video platform Awaaz secures seed round funding from Matrix Partners

In an aim diversify its offering into more regional languages, An Uttar Pradesh based hyperlocal video platform, Awaaz has raised the undisclosed amount in...

Ola secures $74 million in J series round funding from SteadView Capital

India's ride-hailing company, Ola, has reportedly secured $74 million (Rs 520 crore) in series J round funding from Hong Kong-based capital management firm, Steadview...

G7 logistics secures $300 Mn from HOPU investment, Tencent and others

G7 a Beijing based fleet management company which runs a proprietary platform for trucks, shippers, drivers has announced that it has secured $320 million...

Lendbox raises Rs 6 crore in pre-A series round funding from IvyCap Ventures

Venture garage on Saturday announced that its portfolio startup "Lendbox, a peer-to-peer lending platform, has secured Rs 6 crore in a pre-A series round...

Quikr secures Rs 55 cr from InnoVen Capital, in deb round funding

InnoVen Capital, a debt venture on Thursday, announced that it had invested Rs 55 crore (approx $7.5 million) in online classified company Quikr. The deal...

A premium Sauce and Dip brand Fric Bergen secures First round funding from Mumbai Angels

Mumbai Angels on Thursday announced that "A Gurgaon based Premium Sauce and Dip maker Fric Bergen, has raised the undisclosed amount from MA Network." A...

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