India Startups

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Indian Social Media Platform ShareChat Cashes in on US$40M Pre-Series E

With the funding, ShareChat is looking to give a boost to its TikTok alternative Moj Indian social media company ShareChat has raised US$40 million in a pre-Series E round of financing, the company announced in a statement late last week. Investors in the pre-Series E include SAIF Partners, Twitter, Lightspeed Ventures and India Quotient, joined

Indian Social Media Platform ShareChat Cashes in on US$40M Pre-Series E Read More »

With the funding, ShareChat is looking to give a boost to its TikTok alternative Moj Indian social media company ShareChat has raised US$40 million in a pre-Series E round of financing, the company announced in a statement late last week. Investors in the pre-Series E include SAIF Partners, Twitter, Lightspeed Ventures and India Quotient, joined

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Indian Fintech Startup Vivriti Capital Secures US$13.5M Series B+

Vivriti Capital’s enterprise debt platform CredAvenue has facilitated debt processing of over US$4 billion since its inception in 2017   Enterprise debt and asset management startup Vivriti Capital has raised approximately US$13.5 million (INR 100 crores) in its Series B extension round led by U.S.-based Creation Investments Capital Management, the startup announced in a press

Indian Fintech Startup Vivriti Capital Secures US$13.5M Series B+ Read More »

Vivriti Capital’s enterprise debt platform CredAvenue has facilitated debt processing of over US$4 billion since its inception in 2017   Enterprise debt and asset management startup Vivriti Capital has raised approximately US$13.5 million (INR 100 crores) in its Series B extension round led by U.S.-based Creation Investments Capital Management, the startup announced in a press

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Australian Education Company iCollege Acquires Indian Bootcamp Operator The Hacking School

iCollege’s acquisition of The Hacking School will enable it to introduce its programs to India, and scale The Hacking School’s bootcamps globally India-based coding bootcamp services provider The Hacking School has been acquired by Australian education company iCollege, according to a statement released by the company yesterday. The deal, negotiations for which were underway for

Australian Education Company iCollege Acquires Indian Bootcamp Operator The Hacking School Read More »

iCollege’s acquisition of The Hacking School will enable it to introduce its programs to India, and scale The Hacking School’s bootcamps globally India-based coding bootcamp services provider The Hacking School has been acquired by Australian education company iCollege, according to a statement released by the company yesterday. The deal, negotiations for which were underway for

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Indian Edtech Giant Byju’s Acquires Virtual Simulations Startup LabInApp

LabInApp offers virtual simulations to help students learn about science experiments online through its interactive platform   Indian edtech decacorn Byju’s has acquired Unitus Ventures-backed LabInApp for an undisclosed amount, according to a statement released yesterday.   With the latest investment, Unitus Ventures, which had invested in LabInApp’s seed round in 2015, will exit the

Indian Edtech Giant Byju’s Acquires Virtual Simulations Startup LabInApp Read More »

LabInApp offers virtual simulations to help students learn about science experiments online through its interactive platform   Indian edtech decacorn Byju’s has acquired Unitus Ventures-backed LabInApp for an undisclosed amount, according to a statement released yesterday.   With the latest investment, Unitus Ventures, which had invested in LabInApp’s seed round in 2015, will exit the

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Contact Center AI Startup Observe.AI Raises US$54M Series B

Observe.AI was accepted into the Microsoft for Startups program last year and has raised US$88 million to date   U.S.- and India-based startup Observe.AI, which builds artificial intelligence (AI)-powered solutions for call centers, has raised US$54 million in a Series B round of financing led by Menlo Ventures, the startup announced in a press release on Tuesday.

Contact Center AI Startup Observe.AI Raises US$54M Series B Read More »

Observe.AI was accepted into the Microsoft for Startups program last year and has raised US$88 million to date   U.S.- and India-based startup Observe.AI, which builds artificial intelligence (AI)-powered solutions for call centers, has raised US$54 million in a Series B round of financing led by Menlo Ventures, the startup announced in a press release on Tuesday.

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Twitter-backed Social Media Platform ShareChat Acquires HPF Films to Bolster Content Capabilities

A 25-member team from HPF Films will be joining ShareChat as part of the deal India-based social media platform ShareChat has acquired video production company HPF Films for an undisclosed amount, according to a statement by the company yesterday. The acquisition will enable ShareChat and its affiliate short video content brand Moj to build their

Twitter-backed Social Media Platform ShareChat Acquires HPF Films to Bolster Content Capabilities Read More »

A 25-member team from HPF Films will be joining ShareChat as part of the deal India-based social media platform ShareChat has acquired video production company HPF Films for an undisclosed amount, according to a statement by the company yesterday. The acquisition will enable ShareChat and its affiliate short video content brand Moj to build their

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Amazon-Backed Indian Insurtech Startup Acko Bags US$60M Series D

Acko has issued over 650 million policies to over 60 million unique customers to date   Acko General Insurance, which claims to be the first Indian insurtech startup, has raised US$60 million in its Series D round of financing led by Munich Re Ventures, a strategic partner of Acko since its inception, the startup announced

Amazon-Backed Indian Insurtech Startup Acko Bags US$60M Series D Read More »

Acko has issued over 650 million policies to over 60 million unique customers to date   Acko General Insurance, which claims to be the first Indian insurtech startup, has raised US$60 million in its Series D round of financing led by Munich Re Ventures, a strategic partner of Acko since its inception, the startup announced

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Indian Cashback Site CashKaro Raises US$10M Series B

CashKaro recently launched a social cashback app called EarnKaro   India-based cashback and coupons site CashKaro has roped in US$10 million in Series B funding, the company announced in a statement yesterday.   The Series B funding was led by Korea Investment Partners and the company’s existing backer Kalaari Capital, the statement noted.   The

Indian Cashback Site CashKaro Raises US$10M Series B Read More »

CashKaro recently launched a social cashback app called EarnKaro   India-based cashback and coupons site CashKaro has roped in US$10 million in Series B funding, the company announced in a statement yesterday.   The Series B funding was led by Korea Investment Partners and the company’s existing backer Kalaari Capital, the statement noted.   The

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Virtual Events Platform Airmeet Secures US$12M Series A

With the fresh funding, Airmeet aims to scale its virtual events platform globally Bengaluru-headquartered virtual events platform Airmeet has raised US$12 million in a Series A round of funding, the company announced in a statement yesterday. The funding was led by Sequoia Capital India and Redpoint Ventures. Participating investors included the company’s existing backers Accel

Virtual Events Platform Airmeet Secures US$12M Series A Read More »

With the fresh funding, Airmeet aims to scale its virtual events platform globally Bengaluru-headquartered virtual events platform Airmeet has raised US$12 million in a Series A round of funding, the company announced in a statement yesterday. The funding was led by Sequoia Capital India and Redpoint Ventures. Participating investors included the company’s existing backers Accel

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GraphQL Developer Hasura Secures US$5M Series B

Hasura extends its GraphQL engine to MySQL and SQL Server databases Hasura, a data access infrastructure company based in San Francisco and Bengaluru, has raised US$25 million in Series B funding, the company announced in a statement yesterday. The round was led by U.S.-based venture capital firm Lightspeed Venture Partners. It also saw participation from

GraphQL Developer Hasura Secures US$5M Series B Read More »

Hasura extends its GraphQL engine to MySQL and SQL Server databases Hasura, a data access infrastructure company based in San Francisco and Bengaluru, has raised US$25 million in Series B funding, the company announced in a statement yesterday. The round was led by U.S.-based venture capital firm Lightspeed Venture Partners. It also saw participation from

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Indian All-Electric Rides Platform BluSmart Mobility Bags US$7M Pre-Series A Funding

BluSmart Mobility aims to increase its electric vehicle fleet by the thousands next year   Indian all-electric on-demand ride hailing platform BluSmart Mobility has secured US$7 million (INR510 million) in pre-Series A funding from a consortium of investors, the startup announced in a statement yesterday.   Investors who participated in the round include U.S.-based venture

Indian All-Electric Rides Platform BluSmart Mobility Bags US$7M Pre-Series A Funding Read More »

BluSmart Mobility aims to increase its electric vehicle fleet by the thousands next year   Indian all-electric on-demand ride hailing platform BluSmart Mobility has secured US$7 million (INR510 million) in pre-Series A funding from a consortium of investors, the startup announced in a statement yesterday.   Investors who participated in the round include U.S.-based venture

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ICYMI: Last Week’s Funding Wave for Indian Startups

Indian startups took home over US$300 million last week The last week was good to Indian startups in terms of funding, with several new rounds of funding as well as debt investments coming through. Over US$300 million was poured into the country’s startup community through varied funding avenues including early-stage funding, debt financing, and in

ICYMI: Last Week’s Funding Wave for Indian Startups Read More »

Indian startups took home over US$300 million last week The last week was good to Indian startups in terms of funding, with several new rounds of funding as well as debt investments coming through. Over US$300 million was poured into the country’s startup community through varied funding avenues including early-stage funding, debt financing, and in

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Unacademy Snags US$150M Led By SoftBank To Become India’s Second Edtech Unicorn

Unacademy plans to use the latest investments to launch new products and expand its team Bengaluru-based online learning platform Unacademy has raised US$150 million at a valuation of $1.45 billion, to become the second Indian edtech startup to achieve unicorn status after BYJU’s, Unacademy announced in a press release yesterday. The round was led by

Unacademy Snags US$150M Led By SoftBank To Become India’s Second Edtech Unicorn Read More »

Unacademy plans to use the latest investments to launch new products and expand its team Bengaluru-based online learning platform Unacademy has raised US$150 million at a valuation of $1.45 billion, to become the second Indian edtech startup to achieve unicorn status after BYJU’s, Unacademy announced in a press release yesterday. The round was led by

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Cyient and IG Partners Announce Acquisition Plans

Under the deal, IG Partners will come under Cyient ownership India-based global engineering and digital technology solutions company Cyient has made a proposal to acquire Australian consulting firm IG Partners, according to an announcement by the company today. Terms of the acquisition were not disclosed and are pending regulatory approvals. Further, under the transfer of

Cyient and IG Partners Announce Acquisition Plans Read More »

Under the deal, IG Partners will come under Cyient ownership India-based global engineering and digital technology solutions company Cyient has made a proposal to acquire Australian consulting firm IG Partners, according to an announcement by the company today. Terms of the acquisition were not disclosed and are pending regulatory approvals. Further, under the transfer of

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Logistics Tech Company FarEye Extends Series D with US$13M Additional Capital

FarEye’s extension round is aimed at driving global expansion India-based B2B logistics Software-as-a-Service (SaaS) platform FarEye has secured US$13 million additional capital as a Series D extension round, the company said in a statement late last week. The round was led by Indian growth capital fund The Fundamentum Partnership and Korean investment firm KB Global

Logistics Tech Company FarEye Extends Series D with US$13M Additional Capital Read More »

FarEye’s extension round is aimed at driving global expansion India-based B2B logistics Software-as-a-Service (SaaS) platform FarEye has secured US$13 million additional capital as a Series D extension round, the company said in a statement late last week. The round was led by Indian growth capital fund The Fundamentum Partnership and Korean investment firm KB Global