Press Release

OneAssist Consumer Solutions Pvt Ltd - a company that provides assistance and protection services to customers in areas of high everyday dependencies like wallets & cards, mobile phones and gadgets, today announced it has closed an $18 million Series C funding. The investment round was led by existing investor...

VoxWeb, a mobile-first special-purpose social network around "speaking-pics", has raised $1 million from individual investors. Successfully concluding its third round of funding, VoxWeb promoters and employees will continue to hold 80% ownership rights and 100% voting rights.The funding will be deployed to strengthen backend technologies and to add innovative...

POKKT, India’s & SEA’s leading smartphone advertising platform for mobile games has announced the appointment of Abdul Wahab as Vice President, Global Delivery Head. Abdul will be responsible for timely delivery of campaigns, optimizing cost, maintain KPIs towards the goals targeted, strengthening and exploring new partnerships with mobile game...

Julia Computing, an open-source language for high-performance technical computing and data science, has raised seed funding of $4.6M from investors General Catalyst and Founder Collective. The company plans to use the raised funding to accelerate product development.“We selected General Catalyst and Founder Collective as our initial investors because of...

MaxWholesale, a mobile based B2B grocery supply chain platform owned and operated by 99 Algorithms Pvt Ltd on Monday raised close to $1 million (Rs 6 crore) in pre-Series A funding led by Indian Angel Network (IAN) and Maple Capital Advisors. Prominent IAN investors include Ambarish Raghuvanshi, Raman Roy,...

Growth Story-backed mobile health company Grow Fit announced USD $4.5 million in Series A funding led by MEMG (Manipal Education and Medical Group), the PE arm of the Manipal Group. With this, Dr. Ranjan Pai, the MD & CEO of MEMG, will be joining the Board of Directors. The...

Mswipe Technologies Private Limited, India's largest independent POS merchant acquirer and network provider, today announced Series D funding of $31 million. UC-RNT fund, a joint venture between Ratan Tata’s RNT Associates and the University of California along with existing investors Matrix Partners India, Falcon Edge Capital, and DSG Consumer...

Fynd, the unique fashion e-commerce portal that sources its inventory directly from the brand store, has closed its Series A round of funding at $3.4 million. Fynd raised $2.4 million from the lead investor, IIFL Seed Ventures followed by an active participation from Kae Capital, FJ Labs, Singularity Ventures,...

Bangalore-based Teamleaf Software Pvt. Ltd which runs an C2C base E-Commerce app, ForeverShop has raised around $300,000 (Rs 2 Crore) in seed funding from a clutch of angel investors.ForeverShop was founded by an international team in 2016: the Indian team mainly focuses on marketing, operation and customer service; the...

Grasshoppers Pvt Ltd, Sri Lanka's innovative logistics solutions provider, and Aavishkaar Frontier Fund have successfully completed negotiations on an investment. This is the second investment of Aavishkaar Frontier Fund in Sri Lanka, after investment in Ma’s Tropical Foods in 2016.Aavishkaar, part of the Aavishkaar - Intellecap Group is a...