Tiger Global makes its maiden investment in GoMechanic

Car servicing startup GoMechanic announced on Wednesday that it has raised $42 Mn in Series C round. The fresh fund infusion has further consolidated Delhi-based startup’s reputation as one of the most well-funded startups in the car-servicing space. By the way, Tiger Global has the led the Series C round to continue with its ongoing funding…

ByGirish ShettiJune 24, 20210Comments

Funding News

HomeLane raises INR 15 Cr debt funding from Stride Ventures

Home Interior Service startup HomeLane has raised INR 15 Cr from Stride Ventures. This is an exclusive report from Techpluto. According to MCA filings, HomeLane has issued 1,500 NCDs or non-convertible debentures at 14.25% interest rate to Stride Ventures for raising 15 Cr debt. Stride Ventures has issued the NCDs under its Stride Ventures Debt…

ByGirish ShettiJune 21, 20210Comments

Funding News

Kalaari Capital pumps seed funding in Fitness and Wellness Startup Portl

Home fitness and wellness start-up Portl announced on Monday that it has raised an undisclosed amount in its Seed round of funding from Kalaari Capital. Last week, Kalaari Capital had led a $1.8 Mn Seed Funding round in SimpliContract. No other VC firm or angel investor has participated in the funding round. Portl says that it…

ByGirish ShettiJune 21, 20210Comments

Funding News

Apna get a $70 Mn funding boost in Series B round at $570 Mn valuation

Blue collar job platform Apna has secured $70 Mn fund infusion in a series B round. The Bengaluru based startup has commanded a valuation of $570 Mn in the latest round. The latest round has come barely two months after the startup scooped $12.5 Mn as a part of its Series A round. Tiger Global and…

ByGirish ShettiJune 16, 20210Comments

Funding News

Sequoia backed Skillmatics raises INR 22.47 Cr in Series A round

Skillmatics, which offers products for child skill enhancement, has raised INR 22.47 Cr in Series A round. According to MCA filings, Skillmatics placed a private placement offer in April to issue total 2,50,807 series A convertible preference shares to raise funding of nearly INR 22 Cr. Smiti Holding and Trading Company has led the Series A…

ByGirish ShettiJune 14, 20210Comments

Funding News

Kalaari Capital leads $1.8 Mn Seed Funding round in SimpliContract

Indian VC giant Kalaari Capital has led a $1.8 Mn seed funding round in contract lifecycle management (CLM) platform. Other investors that have participated in this round includes Picus Capital, Arka Ventures, and Digital Sparrow Capital. Founded in 2020, SimpliContract leverages cutting edge technologies like AI and NLP to streamline the contract process. It aims to…

ByGirish ShettiJune 14, 20210Comments

Funding News

India SME invests INR 60 Cr in KreditBee through Equity & Debt Funding

NBCF and digital lending startup KreditBee announced on Thursday that it has raised INR 60 Cr from India SME. The latest funding infusion is part of the Series C round that was initiated earlier this year and fetched nearly $145Mn or INR 1070 Cr for KreditBee. India SME has invested INR 60 Cr through debt and…

ByGirish ShettiJune 3, 20210Comments

Funding News

Urban Company joins the ‘Unicorn Club’ with $255 Mn Series F Funding Round

Home service marketplace Urban Company announced on Wednesday that it has raised $255 Mn in a Series F round. The funding marks Bengaluru-based company’s entry in the coveted unicorn club. It has become the 15th unicorn of 2021. The latest funding values the seven year old startup at an eye-popping valuation of $2.1 Bn. Prosus Ventures,…

ByGirish ShettiJune 2, 20210Comments

Funding News

Plum Secures $15.6mn Series A funding led by Tiger Global

Plum, a group health insurance startup, has raised $15.6 Mn in a Series A round. VC giant Tiger Global spearheaded the round while slew of existing & angel investors have also participated in the round. The startup did not disclose about the exact valuation it commanded in the funding round. Existing investors that participated in the…

ByGirish ShettiMay 31, 20210Comments

Funding News

Twitter’s Rival Koo raises fresh funding led by Tiger Global at $100Mn Valuation

Koo app is all set to take a big flight as it raises $30Mn in a fresh round. International VC giant Tiger Global has led the round while existing investors have also participated in the round. Existing investors that participated in the round include Blume Ventures, Accel and 3one4 Capital. The Bengaluru-based company has raised the…

ByGirish ShettiMay 26, 20210Comments

Funding News

Best Choice for Creatives