$39 Mn funding boost for LogiNext from Tiger Global & Steadview Capital

SaaS startup and logistics automation platform, LogiNext, has raised $39 Mn from VC giant Tiger Global and Steadview Capital. This is a series B round for LogiNext, which has its headquarter in Freemont (California) and also has a branch in India’s financial capital Mumbai. Paytm was one of the important investors in LogiNext’s series A…

ByGirish ShettiJanuary 24, 20200Comments

Funding News

Bounce Speeds into Fast Lane with $105 Mn Funding

Dockless bike rental startup Bounce on Thursday announced fresh fund infusion by raising $105 Mn from investors. This additional fundraising was part of the ongoing series D round that enabled the company to recently raise $97 Mn. Accel Partners and B Capital spearheaded the latest fund infusion ($105 Mn). Several existing investors including Sequoia Capital,…

ByGirish ShettiJanuary 23, 20200Comments

Funding News

Zoomcar eyes Massive Expansion with $30 Mn Fresh Funding

Bengaluru based Zoomcar has started 2020 with a bang after it announced a massive funding round of $30 Mn. The latest fund infusion in one of India’s popular self-driving car rental startup was spearheaded by Sony Innovation Fund, an venture capital arm of electronic giant Sony. Image Source: Youtube.com Some existing investors also reportedly took part in…

ByGirish ShettiJanuary 21, 20200Comments

Funding News

Oyo may have Already Started Laying Off Employees; Over 3000 Workers Laid Off

Last week Oyo Rooms confirmed the worst fears of economic slowdown and consolidation finally hitting the Indian startup industry, after the Gurgaon based company announced that it is firing nearly 20% of its Indian workforce in coming weeks. Company’s founder and CEO Ritesh Agarwal did not specified about any exact deadline though it was assumed…

ByGirish ShettiJanuary 20, 20200Comments

Funding News

Weekly Startup Funding: Fintech Startup EpiFi Raised this Week’s Biggest Funding Round

The dull and subdued funding scenario continued this week as well, with big funding round being conspicuously absent for the second straight week of the New Year. The only silver lining in this otherwise dull week was that there was good number of small funding rounds. This strongly indicates investor’s resilient appetite for funding despite…

ByGirish ShettiJanuary 19, 20200Comments

Funding News

Matrix Partners & Others Pump Funds in Edtech Startup Toddle

Education is one of the evergreen businesses and therefore no wonder edtech has been one of the sunrise sectors. Investors have gone all out to pump capital in the edtech industry and their unwavering support has helped many edtech companies in becoming household brands. Be it the unicorn startup Byju’s, Unacademy or UpGrad. Image Source: Flickr…

ByGirish ShettiJanuary 15, 20200Comments

Funding News

Top Funding News: Testbook and Rheo Scoop up Fresh Funds

We may be barely in the second week of 2020 but Indian startups have already started warming for the fundraising pace to pick up. Whether this pace eventually picks up or not will be known in coming months. However, on Wednesday two exciting startups – Testbook and Rheo - announced that they have raised fresh…

ByGirish ShettiJanuary 8, 20200Comments

Funding News

Weekly Startup Funding: Satin Creditcare & GoMechanic raised the biggest funding round

Sandwiched between the last of week 2019 and first week of 2020, this week the barometer of startup funding remained lackluster. Neither there was any big ticket fundraising nor any high-profile startups raised funds this week. Was this due to any hangover effect or the startup fraternity thought of warming up to the brand new…

ByGirish ShettiJanuary 4, 20200Comments

Funding News

Weekly startup Funding: Eduisfun & Aye Finance Raised This Week’s Biggest Funding

So, how did the Indian startups fared on funding horizon in the last week of 2019. Well, the funding scenario during year’s last week can only be described as tepid or average at the best. But it is still too early to adjudge that economic slowdown has started taking toll on the investment spree. While…

ByGirish ShettiDecember 28, 20190Comments

Funding News

B2B Foodtech player HungerBox scoops up $12 Mn from Paytm & Others

HungerBox, one of India’s largest B2B foodtech sector players, has raised $12 Mn in its latest series C round. Digital payment major Paytm and clutch of international investors including NPTK spearheaded the round. Existing investors including Sabre Partners and Neoplux also infused funds in the funding round. Following the latest funding round, HungerBox’s total fundraising…

ByGirish ShettiDecember 17, 20190Comments

Funding News

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