Accel India Unveils 2nd batch of its Rebound Program

Accel India on Wednesday unveiled the second batch of its Rebound program that has been specially designed for the second and third-time startup entrepreneurs. Accel had started this program in July last year with an aim to allow entrepreneurs to take another shot at their entrepreneurial dreams. Accel India on Wednesday unveiled the second batch of…

ByGirish ShettiAugust 5, 20200Comments

News

1 Mg is planning to raise fresh fund through convertible debenture: Report

Online pharmacy startup 1 Mg is planning to raise fresh funds through debt route from existing investors, according to company’s latest regulatory filings that Techpluto’s team has duly accessed. After accessing the regulatory filings, Techpluto has learnt that 1 Mg has allotted 38,668 class 6 CCD (compulsory convertible debentures) to six existing investors at a…

ByGirish ShettiJuly 6, 20200Comments

Funding News

Has Treebo settled for lower valuation in latest funding (series D) round

Treebo has reportedly raised fresh funds from existing investors through series D funding round. While this should spell good news for the fund starved budget hotel startup, this good news has come with a spoiler. The Bengaluru based startup has agreed to take a cut in its valuation to pave way for fresh capital infusion,…

ByGirish ShettiJune 27, 20200Comments

Funding News

Anthill Ventures leads $1 Mn funding in Virtual Travel Guide Platform QuaQua

Virtual guide platform QuaQua on Tuesday announced that it has secured $1 Mn funding from Anthill Ventures and other existing investors. This is the first round of institutional investment for the Hyderabad headquartered startup. The company said that it will use the funds for improving its user experience and build an end-to-end AI and content-driven travel…

ByGirish ShettiJune 2, 20200Comments

Funding News

Nandan Nilekani backed ShopX raises fresh funds

E-commerce technology platform ShopX has secured a funding of INR 10.68 crore from clutch of independent investors. Three investors along with Fung Capital’s MD, his wife and former chairman of Crompton Greaves spearheaded the funding round. Team of Bengaluru based B2B e-commerce company ShopX Following the fresh fund infusion, the Bengaluru headquartered startup has issued total…

ByGirish ShettiApril 29, 20200Comments

Funding News

Foodtech Major Box8 raises Fresh Funds

The full-stack foodtech delivery player Box8 has raised fresh funds to ramp up its business. The company saw a capital infusion of INR 30 crore in a round that saw a mix of debt and equity investments. The round was led by existing investors IIFL Seed Ventures Fund and Mayfield Fund. Foodtech Major Box8 secures INR…

ByGirish ShettiApril 18, 20200Comments

Funding News

Digital Platform ‘The Morning Context’ Secures Seed Funding

The digital media platform, The Morning Context or TMC, has raised undisclosed amount in seed funding. Headquartered in Singapore, the seed funding round has come barely seven months after the company’s launch. The Morning Context secures undisclosed amount in seed funding... Clutch of independent investors spearheaded the debut funding round for TMC. This includes Ajay Nair, MD…

ByGirish ShettiApril 17, 20200Comments

Funding News

Weekly funding: SMEcorner & Spinny bags Massive Funding Round

This week’s startup funding took place under the shadow of Coronavirus but funding mood managed to stay somewhat optimistic despite the onslaught of the deadly virus. That said, apart from two big ticket funding round that were bagged by SMEcorner and Spinny, the funding scenario largely stayed subdued. Here are this week’s top funding stories covered…

ByGirish ShettiMarch 7, 20200Comments

Funding News

Weekly Funding Roundup: Investors pour huge Capital in BharatPe and Rupeek

In the wake of growing chorus around economic slowdown and impact of coronavirus, this week investor’s appetite for funding promising startups remained pretty resilient. The week witnessed some big funding rounds, after quite a few well known startups from fast rising sectors like fintech, healthcare and other sectors managed to get big funding cheques from investors. Here…

ByGirish ShettiFebruary 29, 20200Comments

Funding News

Real estate Startup Zvesta Raises $5.5 Mn from Hindustan Media Ventures

Zvesta, a Gurugram headquartered real estate startup, has secured USD 5.5 million from Hindustan Media Ventures Limited. Zvesta said that it will utilize the funds for consolidating its brand and collaborative marketing for real estate aggregation across India. Rajan Dang, Founder & CEO of Zvesta Commenting about fundraising, Rajan Dang, Founder & CEO of Zvesta said “Indian real…

ByGirish ShettiFebruary 19, 20200Comments

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