SMB focused Neo Bank FloBiz Raises $31 Mn in Series B from Sequoia, Elevation & Others

FloBiz, a neo bank startup that focuses on India’s SMB segment, announced on Monday that it has raised $31 Mn in a Series B round. Sequoia Capital India, Think Investments and its existing investors Elevation Capital & Beenext spearheaded the funding round. The round also saw participation from many high-profile angel investors including Vijay Shekhar…

ByGirish ShettiSeptember 20, 20210Comments

funding

Apna becomes the fastest Unicorn, after raising $100 Mn at $1.1 Bn Valuation

India’s unicorn world is continuing to grow at an unabated pace as yet another startup has made an entry in the coveted club. But the latest entrant, blue collar job platform Apna, is bit special. Simply because Apna has earned the unique tag of being the fastest unicorn in India’s startup industry. It earned this…

ByGirish ShettiSeptember 16, 20210Comments

funding

MPL raises fresh funds at $2.3 Bn Valuation, earns Unicorn tag

India has just got its second gaming unicorn, after Mobile Premier League announced on Wednesday that it has raised undisclosed amount of funding at an estimated post-funding valuation of $2.3 Bn. This is the second fundraise for the Bengaluru based startup, which raised $95 Mn in a Series D round at a market valuation of…

ByGirish ShettiSeptember 15, 20210Comments

funding

Supply Chain solution platform Geniemode Scoops Up $2.25 Million in seed funding round

Supply Chain solution platform Geniemode announced on Monday that it has raised $2.25 Million in a seed funding round led by Info Edge Ventures. Info Edge Ventures, as is well known, is the investment arm of Info Edge, the parent company of the popular job portal Naukri.com. It was the early backer of IPO bond…

ByGirish ShettiSeptember 6, 20210Comments

funding

Gold-centric Lending Platform India Gold Secures $12 Mn Funding in Series A Round

India Gold co-founders Deepak Abbot and Nitin Mishra sitting alongside each other Gold-centric lending platform, India Gold, has secured a $12 Mn funding in a Series A round. Prosus owned by fintech startup PayU and AplhaWave Incubation led the round. Better Tomorrow Ventures, 3One4 Capital and Rainmatter Capital are among other investors who participated in…

ByGirish ShettiAugust 27, 20210Comments

funding Utility focussed

Agritech Robotic Startup TartanSense raises Series A funding from FMC, Omnivore and Blume Venture

TartanSense announced on Wednesday that it has raised $5Mn in Series A funding round. The round was led by FMC Ventures and Omnivore while existing investor Blume Venture also participated in the round. The Series A funding round has come more than 2 years after TartanSense had raised $2Mn in a seed funding round.…

ByGirish ShettiAugust 25, 20210Comments

funding

Ola raises $500 Mn in a pre-IPO funding from new & existing investors

Home grown cab-hailing giant Ola has raised $500 Mn led by existing investors Temasek Holdings and private equity major Warburg Pincus. Fort Canning and Ola’s CEO Bhavesh Agarwal also participated in the round. The round has been unofficially tipped as the ride hailing major’s pre IPO round. However, the Mumbai-based company may raise more funds…

ByGirish ShettiJuly 9, 20210Comments

funding

Blume Ventures and Gunosy double down on its Investment in Slice

The millennial-focused fintech startup Slice announced on Monday that it has raised $20 Mn in equity funding from existing investors Gunosy & Blume Ventures. This investment is part of its ongoing series A round. Although the Bengaluru based startup has kept silence on its valuation, its valuation may have seen a sizable jump during the…

ByGirish ShettiJune 28, 20210Comments

funding

Pratilipi Raises INR 22CR via Equity & Debt Funding from Aletria Capital

India’s self-publishing platform Pratilipi has raised nearly Rs 22 Cr in equity & debt funding from Aletria Capital. The Bengaluru based firm had raised INR 76 Cr last year in a Series C round led by Chinese tech giant Tencent. According to the regulatory filings, the company has raised INR 2 Cr debt funding while rest…

ByGirish ShettiJune 2, 20210Comments

funding

Homeschooling Edtech Startup ClassMonitor raises INR 3.5 Cr

ClassMonior, an homeschooling edtech startup, announced on Wednesday that it has raised INR 3.5 Cr as part of its pre-series A funding round. The Indian construction company PATH India LTD and clutch of gulf based investors participated in the funding round. Prior to this round, the Indore based startup had raised nearly Rs 2.5 Cr…

ByGirish ShettiMay 19, 20210Comments

funding

Best Choice for Creatives