UrbanPiper Technology Pvt. Ltd, a software-as-a-service platform that enables online ordering for restaurants, said on Wednesday it has raised $7.5 million (Rs 68 crore) in its Series A round of funding led by Tiger Global Management and Sequoia Capital. — VCCircle Khaitan & Co advised Urbanpip...

Iluminar Media, which owns and operates Little Black Book (LBB) a platform to find and shop from local brands and businesses said it has raised $ 5 million in Series A led by Inventus India and IAN Fund. Japanese investors Dream Incubator and Akatsuki Entertainment Technology (AET) Fund, and existin...

While last-mile connectivity on four or two wheels is inexpensive, little known Loca Rides is claiming to provide cab option cheaper than a bike ride. The solution appears to have impressed the early-stage investors as well. The Bengaluru-based startup, mainly for metro passengers, has picked up $1 ...

Fyle, a startup which provides expense management software, said on Thursday that it has raised $4.5 million led by US-based hedge fund Steadview Capital. Existing investors Tiger Global, Freshworks, and Pravega Ventures also participated in the round. — Mint L&L Partners advised Steadview Capi...

Chinese technology giant Tencent is leading a $110-million (about Rs 780 crore) financing round in video-streaming platform MX Player, valuing it at around $500 million (around Rs 3,545 crore) post the investment, said sources close to the matter. This will be MX Player’s first external fund-raising...

Premium beer brand White Owl on Thursday said it has raised Rs 40 crore funding led by IIFL India Private Equity Fund, and supported by its existing investors. According to the company, the new funds will be used to deepen White Owl’s presence in its existing markets, expand the brand’s presence to ...

Hygiene and wellness brand Pee Safe on Wednesday said it has raised Rs 30 crore in Series A funding led by Alkemi Growth Capital. The company, which has raised $2 million previously (June 2017 and January 2018), will use the capital for strengthening R&D, product development and strengthening d...

Trivest Partners, LP (“Trivest” or the “Firm”) announces it has made an investment in Quatrro Business Support Services (“QBSS” or “the Company”). The QBSS transaction represents the 9th platform company investment in the Trivest Growth Investment Fund (“TGIF”), a $225 million fund dedicated to maki...

Amazon is investing Rs 51 crore in Quess Corp, a provider of logistical, staffing and infrastructural solutions to businesses, for a 0.51% stake, the company disclosed in a regulatory filing. The investment will be going into the company’s subsidiary Qdigi Services, which provides after sales servic...

Miko, an India-based robotics company, on Wednesday announced a $7.5 million Series A round led by Chiratae Ventures (formerly IDG Ventures India), YourNest Venture Capital, investor Bruno Raschle’s family office, and a group of angel investors consisting technology evangelists. — Mint Saakshya Law ...

Desai & Diwanji advised Atomberg Technologies Pvt Ltd and the promoters and A91 Partners an

Supply chain company Leap India Private Limited has seen an investment of around $7m by Sargam Retails Private Limited. Rajani Associates advised Leap India Private Limited led by a team of managing partner Prem Rajani , principal associate Pearl Boga and associate Karen Issac . 2019-11-04 Deal valu...

Private equity firm Blackstone Group LP will invest in omni-channel education and test preparation firm Aakash Educational Services Ltd, the PE firm said… The PE firm is expected to pick up a 36.5% stake in Aakash for ₹1,350 crore at a valuation of over $500 million… Aakash is one of India’s largest...

Bangalore-based Datasigns Technologies Private Limited (“Shubh Loans”), has raised ₹34 crore from Omidyar Network India who led the round with participation from existing investors, Saama Capital, Beenext, SRI Capital, and Pravega Ventures. — Mint Saakshya Law Advocates & Solicitors advised Dat...

Fintech startup Crediwatch has raised $3.2 million in a Series A funding round, led by ARTIS Labs. Abstract Ventures also participated in this round, Crediwatch said, in a statement… Prior to this round, the statement added, Crediwatch raised $1.6 million from Modern India Ltd, the family office of ...

Softbank Vision Fund seeks to increase its stake in logistics courier service company Delhivery, according to regulatory filings sourced by data intelligence platform paper.vc. As per the filings, the venture capital firm plans to take the secondary transaction route by purchasing shares from an exi...

Chinese smartphone manufacturer Xiaomi and its investment unit, Shunwei Capital, are close to buying around a 10% stake in chalo.com, a daily commute solutions startup, for about Rs 50 crore, two people with direct knowledge of the matter said. The deal, which is part of Xiaomi’s efforts to increase...

Education technology startup 3rdFlix Visual Effects Pvt. Ltd has raised $5 million in a pre-series A investment round led by Exfinity Venture Partners, a top company executive said. — Mint Vertices Partners advised 3RDFlix Visual Effects led by a team of managing partner Vinayak Burman and associate...

Online used car marketplace Cars24 has closed a $100 million (about Rs 714 crore) equity financing round from a clutch of new and existing investors, including Unbound, the London-based investment firm founded by Bharti Airtel scion Shravin Mittal. A second new investor, New York-based investment fi...

Svasti Microfinance Pvt. Ltd has raised Rs 34 crore ($4.8 million) from a clutch of investors including Nordic Microfinance Initiative (NMI) and Serum Institute of India CEO Adar Poonawalla, the Mumbai-based lender said on Tuesday. — VCCircle Vertices Partners advised Nordic Microfinance Initiative ...