Topics: Startup

Grab is raising $856 million from Mitsubishi UFJ Financial Group, and TIS Inc

Singapore based ride-hailing startup Grab on Tuesday said that “It is raising $706 million from Mitsubishi UFJ Financial Group Inc (MUFG), and $150 million...

Blume Ventures raises $41 million in Fund IIA

One of India's leading Venture Capital, Blume Ventures has announced that it has raised $41 million in Fund IIA. In an official statement, Blume Ventures...

Report: India to import record high volumes of LNG, as prices hit an all-time low on coronavirus outbreak

India is set to import record volumes of liquefied natural gas (LNG) this month, data shows, taking advantage of the super-chilled fuel's price hitting...

EduTech startup Vedantu swipes $24 million in Series C round funding from GGV Capital

In participation with existing investors, Vedantu, a Bengaluru based online education startup, has raised $24 million in series C round funding from GGV Capital...

Offline-to-Online fintech startup ‘Dot’ swipes $8 Mn in seed funding from PayU & others

Gurugram based online-to-offline (O2o) commerce and fintech startup Dot has raised $8 million in series seed round funding from Prous and Fosun RZ Capital. The...

Edu-tech startup BYJU’S scores $200 million in funding from General Atlantic

India-based online education startup BYJU'S has raised undisclosed funding from its existing investor General Atlantic. But, according to the media sources, “The investment from General...

Logistics startup Fleetx secures $2.8 million in series A round funding

Gurugram-based logistics startup Fleetx has announced that it has secured $2.8 million in series A round funding from Singapore based Venture capital firm Beenxt...

Nikhil Arora of GoDaddy India says, “This budget is a reflection of government's commitment toward delivering inclusive growth"

Speaking on the union budget 2020, that was presented in the parliament by Finance Minister Nirmala Sitharaman on Saturday. Nikhil Arora, Vice President and Managing...

Budget 2020: Reaction on budget from Industry, Startup founders, Investors, and Analysts

With the bid to boost the economy through the multiple investment announcements in the different sectors like health, rural, education, startups, agriculture and Infrastructure,...

MoneyTap collects Rs 500 crore in series B round funding from Aquiline Technology Growth, RTP Global, and Sequoia India

Online consumer lending startup MoneyTap on Monday announced that it has raised Rs 500 crore in series B round funding from Aquiline Technology Growth...

EdTech startup WizKlub secures Rs 7 crore from Incubate Fund India and Insitor Impact Asia Fund

Bengaluru -based edtech startup, WizKlub has announced that “It has raised Rs 7 crore in series seed round funding from Japan's early-stage VC Fund,...

Startup India tableau to be the part of Republic Day 2020 parade

The Department for Promotion of Industry, and Internal Trade (DPIIT) has said that “The Ministry of Commerce and Industry will showcase a tableau on...

US venture capital funding decline by 42.5% in last quarter of 2019

US venture capital-backed companies raised $23 billion in the last quarter of 2019, down 42.5% from the same period a year ago, according to...

Snack startup Samosa Singh bags $2.7 mn in A round funding from She Capital, Fireside Ventures and others

In participation with Equanimity Investments, and AL Trust. The Bengaluru -based snack startup Samosa Singh has advanced $2.7 million in series A round funding...

Bike rental startup Bounce snaps $105 Mn from B Capital, Accel Partners, and Others

India-based bike rental startup Bounce has raised $105 million in series D round funding from Accel Partners India, B Capital, and others. The new round...

Samridhi Highway Solutions launches “Fuel Humsafar,” a door-to-door fuel delivery service in Delhi NCR

Delhi-based fuel delivery startup Samridhi Highway Solutions has announced the launch of 'Fuel Humsafar,' a doorstep fuel delivery service in Delhi NCR. The new service...

Nestle to invest $2.1 billion to reduce the use of virgin plastics

In an attempt to reduce the use of virgin plastics. The Swiss largest food and beverage company Nestle has announced that “It will invest...

TypingDNA closes $7 million in series A round funding from Gradient Ventures, GapMinder, Techstars Ventures, and others

A New York-based behavioral biometrics company, TypingDNA has raised $7 million in series A round funding from Gradient Ventures, Google AI-focused venture funds, and...

SoftBank's $3 billion WeWork rescue plan, in talk with Japan's three largest banks

SoftBank Group Corp's talks to secure $3 billion from Japan's three biggest banks have stalled as the lenders have hit internal lending limits to...

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...

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...

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...

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...

RSS economic wing call for a complete ban on TikTok and Helo app

In the name of protection of the national security and startup ecosystem, Swadeshi Jagran Manch (SJM), an economic wing of Rashtriya Swayamsevak Sangh (RSS),...

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...

Toch secures pre-series A round funding from Mumbai Angels Network, Hyderabad Angels, Mihir Modi, and others

Toch, a Mumbai-based interactive video platform which uses deep learning and AI technology, has secured an undisclosed amount in its pre-series A round funding...

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