Post PayU-BillDesk Deal, Razorpay in talks to raise $250 Mn at $4bn valuation

Fintech unicorn Razorpay is in talks to raise fresh funds in the tune of $200-250 Mn from high profile investors, according to a report published in Livemint. The Bengaluru based startup is seeking a valuation of nearly $4Bn in the latest round. The company is currently engaged in talks with global investors like Tiger Global…

ByGirish ShettiSeptember 2, 20210Comments

Funding News

Kalaari Capital leads Series A round in D2C sports brand Elevar

Innovative sports brand Elevar said on Monday that it has raised INR 19 Cr in Series A round led by Kalaari Capital. Dream Capital (DreamCap), the Corporate Venture Capital and M&A arm of Dream Sports, also participated in the funding round. The company said that it will utilize the funds towards expanding its product portfolio,…

ByGirish ShettiAugust 30, 20210Comments

Funding News

Kavin Mittal’s Hike raises Fresh Funds from High-profile Angel Investors

Messenger app Hike to layoff workforce by 20-25% Kavin Mittal promoted startup Hike on Tuesday announced that it has raised undisclosed amount of funding from several high profile angel investors. The high profile angel investors include the who’s who of the Indian startup ecosystem, including big names like SoftBank’s Rajeev Misra, Zeta’s Bhavin Turakhia, Cred’s…

ByGirish ShettiAugust 24, 20210Comments

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Nexus & Blume backed Ultrahuman Scoops $17.5 Mn in Series B

Metabolic fitness platform Ultrahuman announced on Tuesday that it has raised $17.5 Mn in Series B round. The round saw participation from well-known VC firms including Alpha Wave Incubation, Steadview Capital, Nexus Venture Partners, Blume Ventures and Utsav Somani’s iSeed fund. Many high-profile HNIs and angel investors also took part in the series B round.…

ByGirish ShettiAugust 17, 20210Comments

Funding News

Healthifyme announces Equity Buyback worth $12Mn for Employees & Early Investors

Health tech Startup Healthifyme announced on Monday an equity buyback program worth $12 Mn or INR 90 Crore. The buyback program will give scores of its employees and early angel investors handsome return on their investment. The company said in its press release that nearly 100 employees constituting former and current employees will get benefit…

ByGirish ShettiAugust 16, 20210Comments

Funding News

Dailyhunt raises its largest funding round ($450 Mn) at $3Bn Valuation

Dailyhunt and Josh apps’ parent company VerSe Innovation on Thursday announced that it has raised $450 Mn from slew of existing and new PE investors. Siguler Guff, Baillie Gifford, Carlye Asia Partner Growth are among new PE investors who participated in the latest Series I round. Although the company hasn’t shed light on the post-funding…

ByGirish ShettiAugust 12, 20210Comments

Funding News

Nexus Venture Partner leads $2.5Mn Seed Funding Round in Mudrex

Crypto investment platform Mudrex announced on Tuesday that it has raised $2.5Mn in a seed funding round led by Nexus Venture Partner. The round also saw participation from Village Global as well as slew of angel investors including Cred’s Kunal Shah, Anand Chandrashekharan, and Anjali Bansal. Notably, the startup had earlier raised $750,000 from Y…

ByGirish ShettiAugust 10, 20210Comments

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UpGrad secures Unicorn Tag with $185 Mn fund raise

Ronnie Screwvala promoted edtech firm upGrad has successfully graduated to the unicorn category with a new fundraise of $185 Mn. Existing investor Temasek and two new investors International Finance Cooperation and IIF participated in the new round. The latest round, by the way, has propelled the Mumbai based startup to the coveted unicorn category. The…

ByGirish ShettiAugust 9, 20210Comments

Funding News

Remote Sales Platform Goodmeetings raises Pre-Series A funding

Tech startup Goodmeetings, which defines itself as a remote sales platform, announced on Friday that it has raised $1.7 Mn in a Pre-series A funding round. The announcement of Pre-series A round implies that the startup has raised a seed funding round, which probably wasn’t officially announced by the company. Chiratae Ventures spearheaded the pre-series…

ByGirish ShettiAugust 6, 20210Comments

Funding News

BharatPe gets $370 Mn funding led by Tiger Global at $2.85 Bn valuation

B2B fintech startup BharatPe has seen its valuation more than triple with its latest Series E round led by VC giant Tiger Global. More importantly, the fintech major is now the newest unicorn on India’s startup horizon, precisely it is the 19th startup to surpass the $1 Bn valuation in the current year. Equally important…

ByGirish ShettiAugust 4, 20210Comments

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