Competitive Exam app Dhurina raises $1.2 Mn led by RCVF & LetsVenture

E-learning platform Dhurina, which is dedicated in helping students to prepare for competitive exams, has concluded its second round of funding. The company has raised total $1.2 Mn led by RCVF and other investors including LetsVenture, RBD Publication, India Accelerator, Precision Startup Advisory, and Pai Ventures. In the previous round, it raised $ 135000 funding…

ByGirish ShettiDecember 23, 20210Comments

funding

Jumbotail raises $85 Mn in Series C, Nexus & Kalaari make partial exit

Jumbotail, a online wholesale platform for grocery & vegetable products and new age retail platform, announced on Tuesday that it has raised $85 Mn in a Series C round. Artal Asia Pte Ltd, a company affiliated to U.S. based Invus Group, spearheaded the funding round. Ajax Capital, the family office of the veteran FMGC entrepreneur…

ByGirish ShettiDecember 21, 20210Comments

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Payment gateway startup Razorpay rakes $375 Mn in Series F at $7.5 Bn valuation

Payment gateway startup Razorpay announced on Sunday that it has raked in $375 Mn in its Series F round. Lone capital, Alkeon Capital and TCV spearheaded the fresh round. The Bengaluru based startup has commanded a valuation of $7.5 Bn in the latest round. This makes the Sequoia and Tiger Global backed startup India’s second…

ByGirish ShettiDecember 20, 20210Comments

funding

ShareChat corners $266 Mn in fresh funding round led by Alkeon Capital

Vernacular social media & short video platform ShareChat announced on Thursday that it has raised $266 Mn in a fresh funding round led by Alkeon Capital. Existing investors including Temasek Holdings and Moore Strategic Ventures. The Bengaluru based company said that it has been valued $3.7 Bn in the new funding round. This is…

ByGirish ShettiDecember 16, 20210Comments

funding

Ola Electric raises over 398 Cr in a fresh funding round led by Temasek

Ola Electric makes for a very interesting read-up in India’s fast blazing and dynamic startup industry. Like many unicorn startups, the Bhavish Aggarwal promoted startup proudly wears its unicorn tag on its sleeves and counts Softbank among other marquee investors. But this high-profile startup is yet to deliver a single product to the customer, let…

ByGirish ShettiDecember 8, 20210Comments

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Farm Omnichannel Marketplace AgroStar secures $70 Mn funding in Series D round

Pune based agritech startup AgroStar announced on Tuesday that it has raised $70 Mn in a series D round. The series D round saw funding from a battery of new and existing investors. New investors who reposed their faith in the Pune-based startup include Evolvence, global asset manager Schroders Capital, Hero Enterprise and UK’s development…

ByGirish ShettiDecember 7, 20210Comments

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Banking giant Citi Bank makes strategic investment in equity management platform Qapita

Banking giant Citi Bank has made a strategic investment in equity and ESOP management platform Qapita. With this strategic investment, Citi has joined Qapita’s ongoing Series A round. The company had already raised $15 Mn in the earlier tranche of Series A that was co-led by East Ventures (Growth Fund) and Vulcan Capital. Qapita…

ByGirish ShettiNovember 30, 20210Comments

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Spinny & Upstox turn unicorn with fresh funding: Report

2021 is likely to go down as the unicorn year for the Indian startup industry unless 2022 proves to be even better year for the unicorn startups. Until then 2021 will be considered as one of the historic years for Indian startups. Adding another important chapter to this unicorn year are two new startups Spinny…

ByGirish ShettiNovember 26, 20210Comments

funding Utility focussed

NoBroker becomes India’s maiden real estate startup unicorn

Bengaluru based startup NoBroker announced on Tuesday that it has raised $210 Mn in its Series E funding round. General Atlantic, Tiger Global and Moore Strategic Ventures spearheaded the funding round. With thi s unicorn, the Bengaluru based startup has become India’s first proptech startup to earn a unicorn tag. The eight year old startup…

ByGirish ShettiNovember 23, 20210Comments

funding

Mensa Brands become India’s fastest unicorn, bags $135 Mn in its Series B

E-commerce roll startup Mense Brands announced on Tuesday that it has raised $135 Mn in a Series B round led by Falcon Edge Capital’s Alpha Wave Ventures. Existing investors Accel partners, Northwest Venture Partners, Tiger Global and Prosus Ventures also contributed to the funding round. The barely six month old company said that it has…

ByGirish ShettiNovember 16, 20210Comments

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