Tuesday, October 20, 2020

Suviral Shukla

Pollution control startup Chakr Innovation raises ₹19 cr in Series A from IAN Fund

Chakr Innovation, a pollution control device maker tech startup has raised ₹19 crore in Series A funding led by IAN Fund along with Jyoti Sagar and IDFC-Parampara Fund. Delhi-based Chakr Innovation, which focuses on building a suite of products to...

Travel startup TripShire launches its app in India

TripShire, a travel-based startup, has launched its web application in India. The app aims to simplify international holiday planning. A traveler can now just visit their website, customise the trip with real-time price estimates, and book when they’re satisfied...

Foodtech Bonaza? Swiggy, Zomato set to raise over $1 billion funds collectively

Swiggy and Zomato, India's largest online food delivery giants, are on a spree to hunt funding since both the competitors are giving heavy discount in order to rule the market. Where Swiggy is in talks to raise $500-600 million led...

RPSG Ventures invests $2 million in personal care startup mCaffeine

mCaffeine, personal care startup, based out of Bombay has raised $2 million (₹13.8 crore) in Series A funding led by RP-SG Ventures. Other key investors who participated in this round include Apurva Salarpuria, LV Angel Fund, KRS Jamwal, and Telama...

Real estate startup NoBroker bags $51 million from General Atlantic in Series C funding

NoBroker, a technology driven real estate startup has bagged $51 million (approx ₹360 crore) in Series C round funding led by General Atlantic. The round included participation from existing investors SAIF Partners and BEENEXT as well. Whereas, the total funding...

DPIIT claims recognising more than one startup every hour in May

The Department for Promotion of Industry and Internal Trade (DPIIT) has recognised more than one startup every hour in May 2019. While, the total number of identified startups since the launch of Startup India scheme in 2016 is around...

Content startup Pratilipi secures ₹105 crores led by China’s Qiming Venture Partners

Pratilipi, online self publishing platform based out of Bengaluru, has raised ₹105 crore in the latest funding round led by China-based Qiming Venture Partners. Existing investors, including Nexus Venture Partners, Omidyar Network India, Shunwei Capital, Contrarian Vriddhi Fund and WEH...

India’s FabHotels raises $7.8 million from Goldman Sachs, others in Series B1 funding

India's online budget hotel chain FabHotels has raised $7.8 million (approx Rs 54 crore) from Goldman Sachs, Accel Partners and Qualcomm in Series B1 round of funding. The fresh funding from existing investors is expected to help the firm...

National Olympiad Foundation acquires Jaipur based edtech startup Edurer

Edurer, a Jaipur-based edtech startup was recently acquired by National Olympiad Foundation (NOF) in a deal which was part-cash and part-equity. While, the amount of the deal was kept confidential, the founders of Edurer, apart from getting equity will...

SoftBank in talks to invest $500 million in Swiggy

Japanese conglomerate SoftBank Group is, reportedly, planning to infuse up to $500 million (approx ₹3,400 crore) in Swiggy, Mint reported, citing multiple sources. If the deal is approved, it will be the first investment by SoftBank in the food...

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