Exclusive: Grubox raises Fresh Funds in Bridge Round from Benext & Pravega Ventures

Unmanned retail store platform Grubox has raised fresh funds amounting to nearly INR 15 Cr in a bridge round. Existing investors Pravega Ventures and Benext participated in the funding round. The company had raised funds from these two investors in February and March. According to regulatory filings, the Gurugram based company had allotted 348 preference shares…

ByGirish ShettiOctober 27, 20200Comments

Funding News

Exclusive: Cashify raises INR 12 crore from Existing Investor Trifecta Capital

Recommerce startup Cashify, which helps in reselling used mobile phones and other gadgets, has raised nearly INR 12 crore debt funding from existing investor Trifecta Capital. For all those who are not aware, Trifecta Capital is one of the few reputable venture debt specialists operating in India’s startup ecosystem. Cashify secures 12 crore debt funding from…

ByGirish ShettiSeptember 29, 20200Comments

Funding News

Zivame likely to raise fresh debt funding from Trifecta capital; Amir Khan also invests in Zivame

Lingerie startup Zivame is likely to raise fresh debt funding from Trifecta capital and this is probably going to be followed by more capital infusion from investors, according to the regulatory filings accessed by Techpluto. The company recently filed altered articles of Association with ROC wherein it has mentioned that it has granted pre-emptive right…

ByGirish ShettiSeptember 26, 20200Comments

Funding News

Byju’s raises INR 50 Cr in fresh capital infusion by new & existing investors

Byju’s unabated funding spree continues as existing investor General Atlantic and new investor Sand Capital leads fresh 50 Cr fund infusion in the edutech major. BlackRock and Alkeon Capital are other two new investors that will come on company’s board following the fresh fund infusion. Sources privy to the matter claims that this fresh capital infusion…

ByGirish ShettiSeptember 23, 20200Comments

Funding News

Exclusive: Finnova Capital raises INR 10 crore Debt from Punjab National Bank

Rajasthan based NBFC Finnova Capital has raised INR 10 crore debt from Punjab National Bank (PNB). This is second time that the Jaipur headquartered firm has raised fresh fund via debt route in less than a month. Techpluto had exclusively reported that Finnova Capital had raised INR 15 crore debt in the last week of…

ByGirish ShettiSeptember 22, 20200Comments

Funding News

Dunzo gets second tranche in ongoing Series E funding round from Lightbox and Moving Capital

Hyperlocal startup Dunzo has received second tranche from existing investors Lightbox and Moving Capital in the on-going series E round that is nearly worth $28 Mn. While the existing investors Google and Lightstone have already pumped $15 Mn in the first tranche, in the second tranche Lightbox and Moving Capital have collectively infused nearly INR…

ByGirish ShettiSeptember 21, 20200Comments

Funding News

Exclusive: Treebo Raises Rs 10 Crores from Clutch of Investors in Ongoing Series D round

Budget hotel chain startup Treebo has raised Rs 10 crores from clutch of Investors as it looks to stem the storm that has hit the hotel industry in the aftermath of pandemic lockdown. The latest tranche of funding is part of the series D round that was kick-started in June, with the latest round being…

ByGirish ShettiSeptember 18, 20200Comments

Funding News

After Trimming Losses Substantially, CashKaro nabs $10 Mn in Series B Round

After almost five years of hiatus, cashback startup CashKaro has raised $10 Mn in a series B round. New investor Korea Investment Partners (KIP) has led the round while existing investor Kalaari Capital also participated in the round. Ratan Tata, who had backed the company in 2015, has not participated in the round. CashKaro’s parent company…

ByGirish ShettiSeptember 15, 20200Comments

Funding News

Dream 11 grabs $225 Mn in a fresh round, Valuation surges by 1.5x

India’s largest sports gaming company Dream 11 announced on Monday that it has raised $225 Mn in a fresh funding round led by Tiger Global, TPG and Chryscapital. This is the first funding round for the Mumbai based gaming company in 2020 and also the first after it won IPL 2020’s title sponsorship. The company…

ByGirish ShettiSeptember 14, 20200Comments

Funding News

Tiger Global Debuts in Food Tech with $102 Mn funding in Zomato

Zomato has raised fresh $102 Mn or INR 760 crore from Tiger Global in the ongoing series J round, this is a top-up from $62 Mn it secured from existing investor Temasek barely a week ago. Investors are apparently showing palpable confidence in the company despite the fact that foodtech sector was reeling badly in…

ByGirish ShettiSeptember 10, 20200Comments

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