South Korean Financial Giant Mirae Asset launches $35 Mn Indian Startup Corpus

Over the last decade, several international investors have thronged India to repose their faith in the Indian startup industry. Seoul headquartered financial services group Mirae Asset has also been one of the most active international investors in India’s startup ecosystem. over several years, it has backed many unicorn startups including Zomato, BigBasket, ShadowFax and Ola. VC…

ByGirish ShettiJanuary 4, 20210Comments

Funding News

(Updated) GigIndia closes Pre-series A Funding with fresh funding influx

B2B gig marketplace GigIndia on Tuesday announced that it has raised fresh funding as part of its pre- series A funding and has closed the pre-series A funding at Rs 7.6 Crore. The company has raised fresh funding from angel investors Anjali Bansal and Vineet Patni. GigIndia's co-founders Sahil Sharma and Aditya Shirole The Pune based startup…

ByGirish ShettiDecember 30, 20200Comments

Funding News

Micro-enterprise focused digital Lender Aye Finance raises Debt Funding

Fintech startup Aye Finance has raised debt funding worth $10 Mn from Cataylst Trusteeship Limited. This development was first reported by the news portal Inc42. The funding has reportedly happened through Cataylst’s two investment arms – AAV Sari and Masala Investment Sari. Logo of fintech startup Aye Finance...Image source: Techpluto This is Delhi based startup’s second fundraising…

ByGirish ShettiDecember 28, 20200Comments

Funding News

Pine Labs Valuation exceeds $2 Bn after fresh Capital Infusion

B2B Fintech startup Pine Labs, which offers POS solutions to merchants, has witnessed fresh bump up in its valuation following fresh capital infusion. The startup on Monday announced that it has raised undisclosed amount of funding from Lone Pine. Logo of fintech startup Pine Labs Pine Labs is currently India's third-largest Fintech startup following Paytm and PhonePe.…

ByGirish ShettiDecember 21, 20200Comments

Funding News

Post-Harvest Agri startup Arya raises $21 Mn

Agri Startup Arya has raised $21 Mn in a series B round, which was funded via equity as well as debt route. Quona Capital spearheaded the round while existing investors including LGT Lightstone Aspada and Omnivore also invested in the round. Debt financing, on other hand, was backed by multiple independent investors. This fresh investment is…

ByGirish ShettiDecember 15, 20200Comments

Funding News

Delhivery gives exit to early investors as Steadview makes secondary Investment

E-commerce focused logistic startup Delhivery has received $25 Mn from global tech Fund Steadview through secondary transaction. Since this investment has been made through sale of secondary shares, Delhivery will be using the investment purely for giving exit to early investors. However, the names of existing investors who have sought to make an exit have not…

ByGirish ShettiDecember 15, 20200Comments

Funding News

Online Math Learning startup CueMath raises $40 Mn Funding

CueMath, one of India’s rising edutech startups, has just raised $40 Mn in a series C funding round. This comes on the top of the extended series B round worth $5.5 Mn that took place in December last year. However, the Bengaluru based startup’s valuation continues to hover around the lower benchmark, with reports claiming that…

ByGirish ShettiDecember 8, 20200Comments

Funding News

Nano influencer marketing startup TagMango secures Seed Funding

Content Monetization startup TagMango has secured a seed funding of worth Rs 5.5 Cr. Y Combinator spearheaded the seed funding round while XRM Media, Pioneer Fund and Twitch Co-founder Kevin Lin had also participated in the round. Photo of TagMango's team at their Kolkata head office The one-year-old startup plans to utilize the funds for strengthening…

ByGirish ShettiDecember 4, 20200Comments

Funding News

Browser Testing Platform LambdaTest raises $6 Mn in Series A Round

Cloud-based Browser testing platform LambdaTest has raised $6 Mn funding in an apparent Series A funding round. The round was led by Sequoia Capital India’s accelerator program Surge while existing investors Blume Ventures and Leo Capital also participated in the round. Logo of cloud-based software testing platform Lambda Test LambdaTest is part of the Surge’s on-going fourth…

ByGirish ShettiDecember 3, 20200Comments

Funding News

Online Kids Hobby startup KYT raises seed funding from Surge & Others

Former Uber India Chief Bhavik Rathod’s edutech startup Kyt Academy has raised $2.5 Mn or 18 Cr in a seed funding round. Sequoia Surge led the funding while Titan Capital and clutch of angel investors also participated in the round. KYT academy is a part of the fourth cohort or edition of Sequoia Surge. Photo of kids…

ByGirish ShettiNovember 30, 20200Comments

Funding News

Best Choice for Creatives