Entreprenuernewsnetwork

Cityfurnish Raises USD 2.5 Million in Debt Funding Round

Cityfurnish today announced the close of a $2.5M financing round, including debt and equity bringing the total amount raised to date to $10M in equity and debt, to further its mission of bringing unprecedented ease and flexibility to the home furnishing experience. The debt round was led by Northern Arc Capital along with participation from Western Capital and UC Capital … Read more

Online Bio-Fuel Marketplace, BuyoFuel Raises 11.5 Cr in Pre-Series A Funding

Online alternate fuel marketplace Buyofuel has raised over Rs 11.5 Cr in a Pre-Series A round led by Inflection Point Ventures (IPV). The round also saw participation from Venture Catalysts, LetsVenture, Lead Angels Fund, and Gruhas Proptech. The funds raised will be utilised towards expanding the services across geographies, development of product offerings as well … Read more

Simplilearn raises $45M in funding led by GSV Ventures

Simplilearn,the world’s leading online Bootcamp for digital skilling training, announced its fresh round of fundraising from a consortium led by GSV Ventures, a multi-stage venture capital firm. In addition to GSV Ventures, Clal Insurance,  and DisruptAD, ADQ’s venture platform, are also participating in this round. The current investment brings in USD 45 mm into the company, further boosting its growth across the … Read more

Xiaomi founding member and Founders of Bounce Infinity and Jar App invest Rs. 3 cr in seed round in Selligion Technologies

Selligion has conceptualised, designed, and developed the world’s first consumer cloud computer and have set out to reimagine computing for India by building a hardware and cloud-based software ecosystem that can deliver powerful computing to every Indian for Rs. 399 a month or less. The team is currently piloting the world’s first cloud-based computer they … Read more

IndiaRF Announces INR 550 Crores Investment in Impresario Entertainment and Hospitality Private Limited

Piramal Enterprises Limited and Bain Capital have announced an investment of INR 550 crores in Impresario Entertainment and Hospitality Private Limited through their renowned India-focused investment vehicle, India Resurgence Fund. Following the transaction, IndiaRF has taken over as Impresario’s largest stakeholder. The fresh capital will help fuel the further expansion of Impresario’s business, which also … Read more

Cloud Lending Platform Lentra Closes Series-B Funding Round of $ 60 Mn

Lentra, the class leading Cloud lending platform, has closed its Series B funding round with a transaction value of USD 60 mn, led by existing investors Bessemer Venture Partners and SIG Venture Capital with participation from Citi Ventures. Masterkey Capital were the Investment Bankers. The funding will be used for products+platform strengthening and also for … Read more

3D Modeling Company MY3DMeta Raises ₹10.5 Cr In Funding

MY3DMeta a 3D Modelling tech company, secured an investment of over Rs. 10.5cr from The Chennai Angels, Dholakia Ventures, AccelNest, Karn Nagpal, Badri Raghavan, IIT-IIM Angels, Hyderabad Angels, and others. MY3DMeta plans to utilize the fund for building tech, IP, and business development. Founded in 2016, MY3DMeta is making cutting-edge progress in 3D modelling with … Read more

Ayu Health receives additional funding enters Hyderabad market

Ayu Health Hospitals, a fast-growing healthcare start-up with a network of 100+ hospitals across India, today announced its maiden entry into Hyderabad. With the aim of providing healthcare for all, the company will be adding more hospitals to its existing portfolio of 19 hospitals and 1500 beds in the region. Recently, the company secured an … Read more

Zerodha’s Rainmatter invests in smart connected home appliance company – Up

Consumer Hardware Startup, Up (previously React Labs) raised $500,000 from Nithin Kamath led Rainmatter as a part of its pre-seed funding. Founded by Mahek Mody and Mohit Sharma, the Bengaluru based startup closed its pre-seed round at a total of $1.3 Million. Up has received investment from co-founders of Ather Energy, Unacademy and the Stanford … Read more

Mobility Solution Provider Automovill Raises ₹ 2.15 Cr in Pre-series A Round

Full-Stack Mobility solution provider Automovill has raised Rs 2.15 crore in a Pre-Series A round led by Inflection Point Ventures. Following a hybrid & flexible business model, Automovill has the 3rd largest presence across India, while catering to 0.15Mn+ customers, Automovill has enhanced its technology offerings to strengthen and organize the auto after-service and maintenance … Read more

Bangalore Based InPrime FinServ Raises $1.45 Mn in Seed Round

Bangalore based tech enabled financial services start-up InPrime has raised $1.45 Mn in seed money from InfoEdge Ventures, Titan Capital, Kettleborough VC and other marquee investors. As a new entrant into the financial sector, InPrime will strategically focus on the emerging financial needs of the prime layer of customers within informal segment. The firm plans … Read more

Hyderabad based HR Tech startup Keka raised USD 57 Mn in Series A funding

Westbridge Capital has invested USD 57 million in the HR-tech startup Keka. According to the Hyderabad-based startup, this is the highest series-A funding in the funding market for software as a service (SaaS). The startup, which was founded in 2016 and provides services to over 5,500 small businesses, was initially bootstrapped. Telugu’s word for fantastic … Read more

Kneady raises undisclosed funding from Raghu Subramanian’s family office,1Digi Ventures

1Digi Ventures, the family office of founder and global CEO of actyv.ai, Raghu Subramanian, has announced that it is investing an undisclosed amount in a B2B ecommerce platform Kneady, a one-stop marketplace for hotels, restaurants, and catering businesses.  Kneady (https://www.kneady.in/) is the first of its kind startup that caters to everyday requirements of hotels and … Read more

Indian Start-up working on replacement of Diesel Generators by making ESS for Indian conditions

Indian start-up Su-vastika Solar has launched ESS Energy Storage systems of variable capacities ranging from 10 KVA to 250 KVA, which can be put in series to increase the capacity size; for example, five units of 100 KVA can produce 500 KVA size ESS. Similarly, four nos. of 250 KVA capacity can build 1MW of … Read more

CashKaro raises Rs 130 cr in Series C funding

The cashback and coupon platform CashKaro revealed on Thursday that it had successfully raised 130 crore ($15.7 million) in a Series C investment round led by Affle Global Pte. Ltd. Ratan Tata is backed the platform’s operator, Pouring Pounds India Pvt Ltd. This current funding was led to Pouring Pounds UK, the parent business of … Read more

Shopify for Doctors Remedo Raises Funds from SucSEED Indovation

Remedo, which helps doctors build their digital identity and convert patient engagement into a better reputation online, has secured an undisclosed amount in Fundraise from Hyderabad headquartered SucSEED Indovation Fund and other investors, Whiteboard capital, Titan capital, Suashish family office and angel investors such as Shashvat Nakrani (BharatPe), Krishnan Menon (Lummo) and Varun Sadana (Supertails) as … Read more