KreditBee grabs $75Mn funding boost, opens door for exit of Chinese investors

Credit lending and Fintech startup KreditBee has got a $75 Mn funding boost that will help the Bengaluru based company in ramping up its loan portfolio. The funding infusion was part of the series C round that saw participation of Premji Invest, Mirae Asset Naver Asia Growth Fund, Alpine Capital and other investors. KreditBee Logo The round…

ByGirish ShettiFebruary 15, 20210Comments

Funding News

Koo looking to raise fresh funds from BookMyShow’s Ashish Hemrajani, Zerodha’s Nikhil Kamat & others

The buzz around Koo is getting louder and so does investor’s appetite to invest in the micro-blogging platform, which seems to be giving major headache to Twitter. The unprecedented hype around Koo has come at a time when Twitter is locked in a row with the Indian government over censorship issues. Antagonized by Twitter’s refusal…

ByGirish ShettiFebruary 11, 20210Comments

Funding News

Y Combinator backed Decentro raises fresh Capital in ongoing Seed Funding Round

Decentro, banking API Integration platform for businesses, has announced that it has raised fresh capital in the ongoing seed funding round. However, the startup did not disclose the exact amount of the funding. Decentro logo FundersClub spearheaded the latest capital infusion while VentureSouq, Locus Ventures, Constellation Capital, and a popular Angelist syndicate Unpopular Ventures also participated in…

ByGirish ShettiFebruary 11, 20210Comments

Funding News

On-demand manufacturing platform Karkhana.io Scoops up Seed Funding

Vertex Ventures Southeast Asia & India has spearheaded a seed funding round in B2B on-demand manufacturing platform Karkhana.io. The seed funding round was worth USD 1.5mn and the round also saw participation of other investors. However, the names of other investors were not disclosed. Seed Funding in startups. The startup said that it will use the seed…

ByGirish ShettiJanuary 12, 20210Comments

Funding News

Jumbotail wraps up Series B2 round with $14.2 Mn add-on Funding

Jumbotail has completed its series B2 round by raising $14.2 from investors on Friday. With the latest capital infusion, the Bengaluru based startup raised total $25 Mn in the series B2 round. The company had initiated the series B2 round in October last year after it raised $11 Mn from investors. Photo of B2B marketplace startup…

ByGirish ShettiJanuary 9, 20210Comments

Funding News

Ahmedabad based LegalTech startup Legalwiz raises INR 3.8 Cr

LegalTech startup Legalwiz.in announced on Tuesday that it has raised Rs 3.8 crores of funding from ContCentric IT Services Private Limited. No other investors participated in the funding round. VC investment in startups Based in Ahmedabad, Legalwiz helps StartUps & SMEs in fulfilling legal, financial, corporate & taxation compliances. Founded in 2016 by legal industry veteran Shrijay…

ByGirish ShettiJanuary 5, 20210Comments

Funding News

South Korean Financial Giant Mirae Asset launches $35 Mn Indian Startup Corpus

Over the last decade, several international investors have thronged India to repose their faith in the Indian startup industry. Seoul headquartered financial services group Mirae Asset has also been one of the most active international investors in India’s startup ecosystem. over several years, it has backed many unicorn startups including Zomato, BigBasket, ShadowFax and Ola. VC…

ByGirish ShettiJanuary 4, 20210Comments

Funding News

Micro-enterprise focused digital Lender Aye Finance raises Debt Funding

Fintech startup Aye Finance has raised debt funding worth $10 Mn from Cataylst Trusteeship Limited. This development was first reported by the news portal Inc42. The funding has reportedly happened through Cataylst’s two investment arms – AAV Sari and Masala Investment Sari. Logo of fintech startup Aye Finance...Image source: Techpluto This is Delhi based startup’s second fundraising…

ByGirish ShettiDecember 28, 20200Comments

funding

Dailyhunt becomes the latest and probably the last unicorn of 2020

With barely nine days to go to wrap up the coronavirus-inflicted 2020, Dailyhunt has now become the latest startup to enter the coveted unicorn club. The startup, which operates news aggregator platform, announced that its market valuation has exceeded $1 Bn after raising fresh rounds from Google, Microsoft and Alpha Wave Incubation. Logo of news aggregator…

ByGirish ShettiDecember 22, 20200Comments

Funding News

Post-Harvest Agri startup Arya raises $21 Mn

Agri Startup Arya has raised $21 Mn in a series B round, which was funded via equity as well as debt route. Quona Capital spearheaded the round while existing investors including LGT Lightstone Aspada and Omnivore also invested in the round. Debt financing, on other hand, was backed by multiple independent investors. This fresh investment is…

ByGirish ShettiDecember 15, 20200Comments

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