Interactive online tutoring platform Vedantu on Friday raised $42 million in a Series C funding round led by Tiger Global and WestBridge Capital. Existing investors Accel, Omidyar Network India and TAL Education, as well as Prince Maximilian of Liechtenstein & CEO, LGT group and the founders of...

LivFin, an SME-focused supply chain Fintech startup has raised a $5 million round of funding led by German development finance institution DEG. The funds will be used for expansion of operations and to reach the startup’s AUM target of $40 million by March 2020. — The Economic Times S&R Associa...

Open Secret, a food and beverages startup that is looking to take a swing at the healthy snacks market in India, has raised an undisclosed amount in seed capital led by Matrix Partners. The startup, founded by Ahana Gautam and Udit Kejriwal earlier this year, says it uses nuts and chocolate as the p...

Delhi-headquartered ecommerce company FableStreet, on … December 9 … announced that it has closed $2.95 Mn (INR 20 Cr) Series A funding round. The investment was led by Fireside Ventures, with the participation of Pradeep Parameswaran, president for Uber India and South Asia; Dilip Khandelwal, MD an...

Quadria Capital has invested (via Nile II Investments Holding Pte Ltd) in Asian Institute of Gastroenterology Private Limited, by way of subscription to primary securities and purchase of shares from Samara Capital, aggregating to approximately $52m, according to Khaitan & Co. Khaitan & Co...

Infra.Market, a Mumbai-based B2B online procurement marketplace for real estate and construction materials on Monday said that it has raised $20 million in Series A funding round led by Tiger Global, Nexus Venture Partners, and existing investors Accel Partners. The company plans to use the freshly ...

Bengaluru-based fintech company Cashfree Tuesday said it has secured USD 5.5 million (over 38 crore) in funding led by South Korea’s Smilegate Investment with participation from existing investor Y Combinator. The Series A funding also saw participation from investors such as George Osborne (former ...

New York-based Encourage Capital has invested over Rs 100 crore ($14 million) in Electronica Finance Ltd (EFL) to fund the Pune-based lender’s expansion into the rooftop solar financing business. — VCCircle Desai & Diwanji advised Encourage Capital led by a transaction team of partner Aneesh Gu...

Video ecommerce app SimSim has raised INR 43.49 Cr ($6 Mn) in a Series A funding round led by investment firms Accel India and China-based Shunwei Capital. Other investors participating in the round, included investment firm Good capital, high net worth individuals (HNI) Sunil Kalra and Samarth Bedi...

Venture capital firms Matrix Partners and Sauce.vc have provided seed funding to protein bar maker And Nothing Else, a company launched by a former Unilever executive earlier this year. — VCCircle Rajaram Legal advised Matrix Partners led by a team of partner Prasad Subramanyan , senior associate Ni...

Bengaluru: Wingreens Farms Pvt Ltd, a food and beverage company, has raised ₹125 crore in a Series B round led by Zurich-based private equity fund responsAbility Investments AG, the company said. Existing investor Sequoia India also participated in the round. Existing investor Sequoia India also par...

Premium ayurvedic beauty brand Just Herbs has raised $1.5 million in pre-series A funding led by multi-stage VC fund Roots Ventures as it looks to escalate share and scale in the rapidly growing ayurveda market. Gurgaon-based wealth management and investment banking firm Client Associates advised Ju...

Bajaj Auto Ltd, India’s second largest motorcycle manufacturer, will invest in Bengaluru-based cycle sharing platform Yulu, which offers electric cycles and bicycles on hire for last-mile commute. — Mint AZB & Partners advised Bajaj Auto Limited led by a team of partners Gautam Saha and Sachin ...

Bus-shuttle service startup Shuttl has raised around $18 million (about Rs 128 crore) from Japan’s SMBC Trust Bank (acting as a trustee of Mirai Creation Fund II) and Toyota Tsusho Corporation, a unit of Toyota Group, according to the company’s filings with the Registrar of Companies. — Yourstory Je...

Woovly, an experience discovery platform that enables its users to search and explore ideas, has raised $2.5 million (approximately Rs 17.69 crore at current exchange rates) in a pre-Series A funding round. — VCCircle Antares Legal advised Woovly led by a team of senior associate Surbhi Kothiala wit...

Flipkart has invested $4 million (about Rs 29 crore) in customer engagement and rewards platform EasyRewardz, as the Walmart-owned e-tailer makes a strong push into the offline-to-online segment, while also staving off potential rivals such as Reliance Industries. As part of the investment, both ent...

Prime Venture Partners has led a Rs 11.3 crore investment round in Sunstone Eduversity, an educational technology (edtech) startup offering higher education programs. LetsVenture, PS1 Ventures, and early stage investor Rajul Garg participated in the seed funding round. — Mint Vertices Partners advis...

Amica Financial Technologies, started by Jitendra Gupta, former founder of payments firm Citrus Pay, which was acquired by PayU, has raised a seed funding round of $24 million, valuing it at $70 million even before it has launched its product, said two people aware of the matter, requesting anonymit...

Dvara KGFS on Wednesday announced that it had raised Rs 70 crore from Nordic Microfinance Initiative (NMI) in the final phase to the Series E round of equity infusion. “We look forward to partner with NMI and tap into their significant experience in financial inclusion both in India and overseas,” s...

Vijay Shekhar Sharma, Founder of Paytm, India’s top digital payments firm, invested an undisclosed amount in a Mumbai-based startup Kawa Space in its Pre-Series A funding. Earlier, Bengaluru and Chennai-based SpecialE invested a disclosed funding in the startup. — Yourstory Saakshya Law Advocates &#...