Online fresh meat brand Licious… said it has raised $30 million as part of its Series E funding round led by Singapore-based Vertex Growth Fund. Existing investor 3one4 Capital, Bertelsmann India Investments, Vertex Ventures Southeast Asia and India, and Sistema Asia Fund also participated in the ro...

Non-banking finance company Five Star Business Finance has raised $50 million in a new funding round led by private equity major TPG Capital, valuing the Chennai-based lender at $950 million. The company, which was founded back in 1984, has been on a strong growth trajectory since 2014, creating a b...

Bombay Shaving Company (BSC) has raised Rs 45 crore in a new financing round, led by Sixth Sense Ventures, with participation from existing investor Colgate Palmolive Asia Pacific. Following the fundraising, a clutch of angels and early employees have exited the brand, which has picked up Rs 80 cror...

NEW DELHI: SoftBank has invested about $231 million (Rs 1,645 crore) in Lenskart Solutions after months of negotiations with the eyewear solutions company. The Japanese group will back the Faridabad-based company, now valued at $1.5 billion from its second Vision Fund The financing round was first r...

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...

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...

Beleaguered ecommerce company ShopClues has found an unlikely home. Once a unicorn, the Gurugram-based startup was struggling to keep afloat due to a fund crunch. It was bought by Singapore’s Qoo10 for approximately $70 million in an all-stock deal in early November. Qoo10, barely known in India, is...

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...

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 ...

Darwinbox, a cloud-based end-to-end HR management startup, on Thursday, announced that it had raised $15 million Series B investment led by Sequoia India. The round also saw participation from existing investors Endiya Partners, Lightspeed India Partners, and 3one4 Capital. — Yourstory Rajaram Legal...

Student housing startup Stanza Living has raised an undisclosed amount as a part of its ongoing Series C round, led by Falcon Edge Capital. However, sources close to YourStory said that the investment raised as a part of this round is close to $50 million. — Yourstory Ikigai Law advised Stanza Livin...

Fintech startup Rupeek has raised $30 million, led by Bertelsmann India Investments, with participation from existing investors Accel and Sequoia India. The funding is expected to be completed in two tranches, and will be used for product development and market expansion. Rupeek disburses gold loans...

Hella Infra Market Ltd. (operating under the brand Infra.Market), a company providing materials and solutions to real estate and construction companies with technology as their focal point, has raised Rs. 25 crore in its seed round of funding from Accel partners. Rajaram Legal advised Infra.Market l...

Used car online retailing platform Spinny has raised $13.2 million led by marquee early stage investors Accel Partners and SAIF Partners in a Series A round, the company said in a statement. Its existing investors- Blume Ventures and Similie Ventures also participated. — Mint JoyceLaw acted for Spin...

Ola Electric Mobility Pvt. Ltd has raised about $250 million from SoftBank Group Corp., thus becoming the second company founded by Bhavish Aggarwal to join the coveted unicorn club of startups valued at more than $1 billion. — Mint Khaitan & Co advised Ola Electric Mobility led by a core trans...

Mumbai-based Alteria Capital has written a Rs 80 crore cheque for digital lending firm Lendingkart, the single largest transaction by the venture debt firm till date. The transaction, which is also possibly the largest deal by a venture debt firm for a home-grown startup, will see Lendingkart, which...

Valuedrive Technologies, which owns and operates used-car retailing platform Spinny, has raised a shade more than $13 million (about Rs 92 crore) in equity and debt financing, led by marque investment firms SAIF Partners and Accel Partners. Additionally, the round has seen Raghunandan G, cofounder o...

Bengaluru-based Goddard Technical Solutions Pvt. Ltd, which operates online lending platform Avail Finance, has raised another $9 million (Rs 62.2 crore) as part of its Series A funding round led by existing investor Matrix Partners India. — VCCircle Rajaram Legal advised Matrix Partners led by a te...

Metro Bikes, a rental start-up for scooters and motorcycles, has raised $12.2 million in a Series A funding round led by Sequoia Capital India and Accel Partners, which will help the start-up develop technologies and expand into newer markets. — Mint Link Legal India Law Services advised Wickedride ...