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Topics: investment

Kazam secures Rs 7 crore in Seed round from Inflection Point Ventures & others

India's first intelligent IoT-based charging station, Kazam has raised Rs crore in a seed round led by Inflection Point Ventures. "The raised fund will be...

BimaPe raises $545K in a pre-series seed round to put family insurance on autopilot

Mumbai-based insurtech startup, BimaPe has raised $545,000 in pre-series seed round funding led by Lightspeed Ventures in participation from Titan Capital, iSeed, and Gemba...

Progcap raises $25 Mn from Sequoia Capital India and Tiger Global

Last-mile retail financing solution provider, Progcap has raised $25 million equity capital as part of its Series B investment round led by Tiger Global...

News Briefings: Skillsoft opens in NYSE, Health Startups raises $1 mn, Droom crosses Rs 1000 cr GMV & More

Headlines: Power Gummies raises 1 million dollars from 9Unicorns, Droom crosses Rs. 1000 crores in GMV in March’21, Alteria Capital leads Rs 35 Crore...

Advanced Battery Technology for Electric Two-Wheelers

With the rapid increase in the use of technology, it is apparent that the world needs more power, preferably in a form that is...
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Jana Small Finance Bank offers an interest rate of 0.25% p.a. over the FD interest rate on Overdraft

To offer financial support to many affected by COVID-19, Jana Small Finance Bank Ltd has extended its Overdraft (OD) facility Against Fixed Deposit (FD)...

9Unicorns leads Power Gummies’ $1 million round funding

Nutraceutical startup Power Gummies has $1 million in its second bridge round funding led by 9Unicorns in participation with DSG and Pivot Ventures.  Founded in...

Flexmoney raises $4.8 Mn in series A round

Flexmoney, India's First Full-Lifecycle Digital Credit Network Platform for Lenders and Merchants to offer frictionless, secure checkout finance, has raised US $4.8M in its...

Jumbotail secures Rs 35 crore Debt Round from Alteria Capital

Jumbotail, an India-based new retail platform and B2B marketplace for food and grocery products has raised INR 35 Crore from Alteria Capital.  This venture debt...

Skillsoft makes debuts on NYSE

Skillsoft Corp, a global leader in corporate digital learning, announced that its common stock will commence trading on the New York Stock Exchange (NYSE)...
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D2C home appliance brand Candes raises $3 Mn from family offices of Delhi

Leading Direct to Consumer (D2C) home appliance brand Candes has today announced that it has raised $3m from various marquee family offices of Delhi.  This...

Capital Float secures Rs 50 crore debt round from Triodos IM

India's leading BNPL and Credit platform, Capital Float has raised Rs 50 crore in debt for 3 years from Triodos Microfinance Fund and Triodos...

Kale logistics draws $5 million from Inflexor Ventures

The India-based logistics tech company, Kale Logistics has raised $5 million in series A round funding led by Inflexor Ventures in participation from its...

Eyewear retailer ClearDekho plans to open 200+ stores by 2022

India-based eyewear retailer ClearDekho has announced its plan to open more than 200 stores and expand across 100+ cities by the end of this...

Pune based Greenjoules raises $4.5 Mn from Blue Ashva Capital

Blue Ashva Capital has invested $4.5 million (Rs 33 crore) in Greenjoules Pvt Ltd, a Pune-based green energy technology through its Blue Ashva Sampada...
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Breathe Well-being raises $1 mn in Pre-Series A led by 3one4 Capital

Gurgaon based health-tech startup that helps people prevent, manage and reverse Type 2 Diabetes, Breathe Well-being, has raised $1 million in Pre-Series A round...

PNB Housing Finance draws Rs 4,000 crore from Carlyle and others

PNB Housing Finance Limited on Mondays said, "It's board has approved  a capital raise proposal of up to Rs 4,000 crore, led by entities...

Kotak Mahindra Bank to raise Rs 5,000 crore through debt

Kotak Mahindra Bank on Saturday said, "Its board has approved to raise to Rs 5,000 crore through non-convertible debentures (NCDs)." The bank in a regulatory...

Central Bank of India allots 280 crore preferential shares to GoI for Rs 4,800 crore

India's leading public sector bank, the Central Bank of India has allotted over 280 crore shares to the Government of India for Rs 4,800...

Social finance platform SaveIN secures undisclosed amount in pre-Series Seed round

Social finance-based Neo bank, SaveIN has raised an undisclosed amount in pre-seed funding round from a clutch of Indian and international angel investors and...
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Slice secured Rs 165 crore in debt in FY21

A new-age credit & payment startup slice has today revealed that it has secured a cumulative debt of INR 165 crores in pandemic-struck FY21...

Mahindra Rural Housing Finance scores strategic partnership deal with India Post Payment Bank

Mahindra Rural Housing Finance Limited (MRHFL), a subsidiary of Mahindra and Mahindra Financial Ltd, and India Post Payments Bank (IPPB) today announced a strategic...

Glamplus draws Rs 2 crore in series A round from Inflection Point Ventures & others

Salon-focused SaaS platform Glamplus has drawn Rs 2 crore in pre-Series A round funding led by Inflection Point Ventures. The new round funding also saw...

NiyoX Equitas digital savings accounts 100K customers in 50 days

At a time when more than 80% of the country is under lockdown-like restrictions, the relevance and need of having a digital savings account...

Clarivate to Acquire ProQuest for $5.3 billion

NYSE listed Clarivate Plc on Thursday said that, "It has came into a definitive agreement to acquire ProQuest from Cambridge Information Group, a family-owned...
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Inflection Point Ventures leads Fabheads Rs 8 crore Pre-Series A round

Fabheads, a Chennai-based startup focused on automated manufacturing in the carbon fiber (and other composites) space, has raised Rs 8 crore in a Pre-Series...

ClassMonitor raises Rs 3.5 crore from PATH India Ltd and others

Homeschooling edTech startup ClassMonitor has raised Rs 3.5 crores as a part of its pre-series A round funding from Indian construction company PATH India...

How brands can use data for better customer experience

Countless conversations are taking place around how gathering data is transforming brands - both established ones and startups alike. Data is the new gold,...

BlackSoil clocks 50+ deal exits across its Credit portfolio

BlackSoil has successfully exited 50+ deals since its inception in mid-2016 across its Secured Credit portfolio consisting of venture debt and structured finance, the...

Spark Studio draws undisclosed amount from Better Capital

India based edtech startup Spark Studio has raised an undisclosed amount from Better Capital. "The startup plans to infuse fresh funding for building a strong...
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