Not to be outdone by fellow food delivery rival Zomato, foodtech unicorn Swiggy is in the final stages of closing an $800 Mn Series J funding round, which is likely to see the company reach close to $5 Bn in valuation, a jump from its previous reported valuation of $3.6 Bn in 2020. — Inc42 AZB &...

Brighton Park Capital and Indegene, the Bangalore-headquartered enterprise healthtech solutions provider, today announced that Carlyle and Brighton Park Capital will acquire minority stakes in the company for US$200 million. The transaction, which is subject to customary regulatory approvals, consis...

Social buying platform DealShare said it has raised $11 million (Rs 78 crore) in two investment rounds led by Matrix Partners and Falcon Edge, along with participation from the partners of DST Global and Omidyar Network. The company, whose model mirrors that of China’s Pinduoduo, focuses on group bu...

Skin and hair care brand mCaffeine … said it had raised $2 million as a part of its 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 Investments. — Yourstory Veeksha Law advised Lets Venture Fu...

BENGALURU: Fintech platform SuperMoney has raised $1 million (Rs7 crore) from early-stage investor Unitus Ventures.

— Mint

Samisti Legal LLP advised Super Money led by a team of partner Prashant Jain, principal associate Anita Dugar.

Deal value: INR 7 crores (USD 1 million)

2020-02-06

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Matrix Partners India along with Accel Partners have invested over INR 44 crores (USD 6 million approx) in an education startup, Openhouse Technologies on a Series A equity funding round, as reported by VC Circle . Rajaram Legal acted as the legal counsel for Matrix Partners India led by a team of p...

“Energy-efficiency-as-a-service startup Smart Joules has raised $4.1 Mn in its Series A funding round from various investors, namely ADB Ventures, the venture arm of Asian Development Bank (ADB), Sangam Ventures, Max I. Limited, cKinetics Accelerator, Dabur family’s Saket Burman and six other angel ...

BQE Software, a leading cloud-based software provider to professional service firms, announced a significant growth investment from Serent Capital, a growth-focused firm that invests in technology and tech-enabled services companies. BQE Software’s flagship product, BQE Core, is a native cloud-based...

Zydus Animal Health and Investments Limited (ZAHL) a wholly owned material subsidiary of Cadila Healthcare Limited, has entered into a Business Transfer Agreement (BTA) and other ancillary agreements to sell and transfer its Animal Healthcare Established Markets Undertaking to Multiples Alternate As...

Spice Route Legal team advised Berlin based global venture capital fund, Foundamental GmbH in its investment of USD 2 million into fleet management solutions company, LococNav, as reflected by Foundamental on its site. Spice Route Legal advised Foundamental GmbH led by a team of Mathew Chacko, Aadya...

ProEves India’s largest and fastest-growing childcare discovery and booking platform announced its first round of institutional funding around Rs 3.6 Crore. The seed round was led by 1Crowd, and also saw participation by several leading angel investors, including Japan Vyas, Swati Salgaocar, Lloyd M...

UpGrad on Monday said it has raised $120 million in funding from Singapore-based Temasek. The investment, which the company claims to be its first external funding, reportedly values the ed-tech firm at an estimated $575-$675 million. upGrad did not disclose the valuation. — The Financial Express On...

“Captain Fresh, a business-to-business (B2B) marketplace for seafood, has raised $3 million in a seed funding round co-led by Matrix Partners India and Ankur Capital. Incubate Fund and angel investors, including Jupiter Money’s Jitendra Gupta and Pine Labs’ Amrish Rau, also participated in the round...

“Online fashion retailer Bewakoof has raised Rs 30 crore from homegrown venture capital fund IvyCap Ventures. The funds will be used to improve branding and technology, as well as launch new product categories.”, reported The Economic Times . Stratage Law Partners advised IvyCap Ventures Fund led by...

“Pre-owned cars platform Spinny … said it has raised $65 million (Rs 481.7 crore) as part of its Series C round from new and existing investors.”, reported Techcircle Samvad Partners advised the existing investors The Fundamentum Partnership Fund I led by a team of partner Junaira Rahman , partner A...

“Edtech startup Doubtnut has raised INR 224 Cr (about $31 Mn) in a round led by Hong Kong-based venture capital firm SIG Investments and James Murdoch’s Lupa Systems. Existing investors Sequoia Capital India, Omidyar Network India and Waterbridge Ventures also participated in this round. With this r...

Groww has raised $83 million in a Series D funding round led by Tiger Global, making the online investment platform the latest entrant into India’s startup unicorn club. This is the third investment by New York-based investment fund Tiger Global in the sector after Upstox and IndWealth. Existing inv...

“Stealth mode edtech startup Crejo.Fun has secured ₹22 crore in pre-seed funding from Matrix Partners India and Flipkart co-founder Binny Bansal-backed venture capital firm 021 Capital, two people briefed on the deal told VCCircle,” as per the reports by Mint Rajaram Legal advised Matrix Partners In...

“Augmented reality technology startup PlayShifu raised Series B funding of $17 million from Inventus Capital India with Inflexor Ventures joining as a new investor. Existing investors Chiratae Ventures and Bharat Innovation Fund also participated in this round”, as per the report by YourStory . Desai...

“Byju’s has raised over $1 billion from investors led by Baron Funds, Facebook co-founder Eduardo Saverin’s B Capital Group, and US-based investment hedge fund XN Exponent Holding, regulatory filings with the Ministry of Corporate Affairs—sourced from business intelligence platform Tofler—showed.” r...