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...

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...

Aquaconnect … announced that it raised $1.1 million in seed funding led by Omnivore and HATCH. — Yourstory IC Universal Legal Advocates and Solicitors advised Omnivore Partners led by a team of partner Sameena Chatrapathy , senior associate Janani Dinesh , associate Raghavi Raj , company secretary a...

Fintech firm Cred has raised $120 million (Rs 862 crore) in a new funding round, founder Kunal Shah tweeted… according to filings with the Ministry of Corporate Affairs, Cred has raised Rs 730.02 crore from a clutch of investors in its Series B funding round. Ribbit Capital, a fintech-focused global...

S amvad Partners has hired Nisha Mallik , former associate partner at Themis Associates who had left in March of this year. She joined Samvad this month in Mumbai, as Samvad Partners ’ 15 th partner. Before Themis she worked at Sand Hill Counsel. The 2006 SLS Pune graduate specialises in venture cap...

Healthcare delivery startup Pristyn Care has raised $4 million in Series A funding led by Sequoia India.The company plans to use the funds raised to improve its medical capabilities, invest in technology and expand its team of medical professionals.Started in late 2018 by Harsimarbir Singh, Dr Vaibh...

Grocery and milk delivery startup MilkBasket has raised $7 million in a Series A round of funding led by Kalaari Capital, along with BeeNext and existing investors Unilever Ventures and Blume Ventures. This is the latest funding in the milk and grocery delivery space, with players such as DailyNinja...

Milkbasket, owned and operated by Doorstep Retail Solutions Pvt. Ltd, has raised $10.5 million in a round led by Unilever Ventures, the daily grocery delivery services startup said on Tuesday. Mayfield India, Kalaari Capital and Blume Ventures, besides a few Indian family offices also participated i...

Online pharmacy 1mg has closed a $70 million investment round led by Corisol Holdings, a European family office, with participation from the World Bank’s investment arm IFC, at a valuation of around $200 million. The Series-D round also saw South Korea’s Redwood Global and Korea Omega Healthcare fun...

Two-wheeler rental startup Bounce raised $72 million in its series C funding round led by global technology fund B Capital Group and Falcon Edge Capital, a New York-based hedge fund. Accel Partners India, Accel Partners USA, Chiratae Ventures, Maverick Ventures, Omidyar Network India, Sequoia Capita...

Cloud kitchen platform Rebel Foods, formerly known as Faasos, has raised Rs 110 crore in funding from existing investors Sequoia Capital India, Lightbox Ventures and Evolvence India as part of its Series D1 round, regulatory documents sourced from business intelligence platform paper.vc show. The in...

Sequoia Capital invested ₹ 65 crore in mattresses and sleep-products company Wakefit in exchange for 31.9% equity. With that investment, the previously bootstrapped start-up’s valuation now stands at over ₹ 210 crore, Wakefit said in a statement on Tuesday. — Mint Samvad Partners advised Wakefit Inn...

Delhi-based fleet management startup BT TechLabs, the parent company of LocoNav, has raised $4 Mn (INR 28 Cr) in a Series B round of funding. According to the Ministry of Corporate Affairs filings, the investment has come in from the company’s existing investor Sequoia Capital in two tranches from J...

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 ...

Business-to-business platform for custom manufacturing – Zetwerk – has raised $9 million in a Series A round from Accel Partners while existing investors Sequoia Capital and Kae Capital also participated. — Entrackr Samvad Partners advised Zetwerk Manufacturing Businesses Private Limited led by a te...

MSD, an artificial intelligence-based company incorporated under the US laws, represented by its Founders, Ashwini Asokan and Anand Chandrasekhar, has raised Series B round of investment from its lead investor, Falcon Edge and its existing investors, Sequoia Capital Investments and Global Brains, ac...

“Bollywood actress Deepika Padukone has invested in Drum Foods International Pvt. Ltd, the maker of flavoured yogurt brand Epigamia, as part of a strategic partnership that will also see her endorse the brand,” reported Mint . Themis Associates advised Epigamia , owned by Drums Food International Pr...

“Omni-channel nutrition platform HealthKart has raised USD 25 million (over Rs 174 crore) from investment firm Sofina in a fresh round of funding. The company will use the funds to expand its offline store network, develop additional direct-to-consumer nutrition brands and strengthen its vertical in...

“In a bid to tap into the test prep market, online education startup Unacademy has acquired Jaipur-based online exam preparation platform Wifistudy. The deal size is $10 million, mostly consisting of stock,” reported The Economic Times . Themis Associates advised Unacademy , owned by Sorting Hat Tec...

“Micro-delivery startup, Milkbasket, has raised $7 million as part of its Series A funding round led by Mayfield Advisors, the company said on Tuesday. Existing investors, including Kalaari Capital, Unilever Ventures and Beenext Pte Ltd, also participated in the round,” reported Mint . Joycelaw advi...