Weekly Funding: Future Coupons, Zendrive, Zenoti and others raised funds

Defying all the talks about economic slowdown and liquidity crunch, this week Indian startups had a pretty decent run on the fundraising front. The funding environment may further improve in the coming weeks following Finance Minster Nirmala Sitharaman’s announcement on Friday that the controversial Angel Tax will be removed. Here are the top 10 funding…

ByGirish ShettiAugust 24, 20190Comments

Funding News

Co-living Startup ZoloStays in Advanced Talks to raise $100 Mn: Report

Co-living platform ZoloStays is in advanced talks with new as well as existing investors to rake up nearly $100 Mn as part of its series C round. The funding round is likely to be a mix of equity as well as debt options, according to people privy with the matter. ZoloStays in early talks to raise…

ByGirish ShettiAugust 22, 20190Comments

Funding News

Tiger Global Pumps $15 Mn in Fintech Startup INDwealth

INDwealth - Artificial Intelligence (AI) and Machine learning (ML) based financial advisory platforms for HNIs - has raised $15 million from New York headquartered hedge fund Tiger Global. According to media reports, no other prominent investors participated in the funding round. The latest funding comes barely 10 months after INDwealth secured whopping $30 Mn capital…

ByGirish ShettiAugust 22, 20190Comments

Funding News

Paytm invests in B2B Foodtech Startup HungerBox: Report

India’s largest digital payment company Paytm has invested $2.23 Mn (INR 15.99 Cr) in B2B food tech startup Hunger Box, according to reports. Private equity fund and existing investor Sabre Partners also participated in the funding round. B2B Foodtech Startup Hunger Box secures investment from Paytm As per the Ministry of Corporate Affairs filings accessed by…

ByGirish ShettiAugust 20, 20190Comments

Funding News

Weekly Funding Roundup: Meesho & ShareChat Raised this Week’s Biggest Funding

Some big names and big funding rounds. This is the most apt way to describe this week’s funding activities as India’s startup story continues to stay resilient amid the talks of economic slowdown. Here are the top 10 funding activities of this week as we rap up our weekly funding roundup section. Image by TheDigitalWay from…

ByGirish ShettiAugust 17, 20190Comments

Funding News

Twitter & others Pump $100 Mn in Regional Social Media Platform ShareChat

When ShareChat was founded four years ago, many were cautiously optimistic that there is a place for multi-language social media network for linguistically diverse country like India. Today this guarded optimism got its strongest validation after social media giant Twitter along with TrustBridge Partners pumped $100 Mn in ShareChat. Existing investors like Shunwei Capital, Lightspeed…

ByGirish ShettiAugust 16, 20190Comments

Funding News

Meesho in Talks to Raise $150 -200 Mn from SoftBank

After becoming the first Indian startup to attract investment from Facebook, Meesho is likely to add another high-profile investor in its boardroom. According to sources, Bengaluru based startup is in talks with Japanese tech giant SoftBank to raise $150-200 million. Existing investors are also likely to participate in the fundraising exercise but the talks are…

ByGirish ShettiAugust 12, 20190Comments

Funding News

News aggregator startup Dailyhunt raises Rs 21 Cr in Series F funding

News aggregator startup Dailyhunt has secured $3 Mn (INR 21.75 Cr) in the ongoing Series F funding round. Stonebridge Capital was the sole investor in this round. It is still not clear whether the Bengaluru based startup will formally close the Series F round following the latest funding. News aggregator startup Dailyhunt secures Rs 21…

ByGirish ShettiAugust 9, 20190Comments

Funding News

Startup Accelerator ‘Risers Accelerator’ Picks up Stake in Three Promising Startups

Startup accelerator specialist 'Risers Accelerator' has funded three start-ups -- Cosmeto Food, Zeleno, and Playtoome - with a total investment of approx. Rs 11 Crore. Risers Accelerator is a conglomerate of 35 individuals based out of Delhi and has been aggressively promoting start-ups with good business potential. Delhi based startup accelerator ‘Risers Accelerator’ invests Rs 11…

ByGirish ShettiAugust 8, 20190Comments

Funding News

Co-working startup GoWork secures $53 Mn Debt funding from BlackRock

BlackRock, the world’s largest asset management company, has staged a comeback after a long time with $53 Mn (nearly Rs 375 crore) debt investment in co-working startup GoWork. The New York headquartered investment giant made the investment proceedings through a private fund. The financing will be done for over the period of two years or…

ByGirish ShettiAugust 6, 20190Comments

Funding News

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