IndianWeb2

startup funding

Bangalore-based Naffa Innovations Pvt. Ltd, which operates digital payments startup ToneTag, has raised $8-10 million from a clutch of marquee, strategic investors led by Amazon Inc. and Mastercard, reported LiveMint, citing three people directly aware of the development. ToneTag’s existing investors include Manipal Global Education chairman Mohandas...

Mumbai-based Oro Wealth, a leading fin-tech company and India’s first zero commission Direct Mutual Fund Platform, today announced that it has raised $1.6 mn in Series A funding. Orowealth has raised $1.6 mn in Series A funding round led by Powerhouse Ventures with participation by Money Forward Inc., one...

Mumbai-based home healthcare services aggregator HealWell24 has raised $200,000 (~ Rs 1.4 crore) in its Pre-Series A round of funding from bunch of angel investors including Prashant Mehta, Mitali Pawar, Nikhil G and Bhavesh P, members of Indian Cooperative Oncology Network (ICON), and R Ranganathan, reported...

US based e-commerce giant Amazon has led a $12 million ( ~ ₹81.27 crore) funding round in Acko Technologies, which is a digital-only insurance startup headquartered in Mumbai, reported ET Tech. The financing round also saw the participation of Ashish Dhawan, the founder of PE firm...

Delhi-based clean tech product startup Bonphul Air Products, the maker of OxyMax, India's first -- and the world's second -- oxygen optimizer, has raised ₹2 Crore in an Angel Investment Round from Rx Infotech and Karmesh Global Technologies. The startup, co-founded by Prodyut Bora who's the founder of BJP...

In order to regulate India's $500 billion start-up funding market, the government is considering to set up a regulating institution named 'Alternate Markets Commission' (AMC), which would be responsible for drafting regulations to infuse confidence and make it easier for unlisted firms to raise money from investors. Interestingly and a...

Gurgaon headquartered mobile-based news and entertainment content aggregator NewsDog has raised $50 million in a Series C round of funding led by Chinese internet giant Tencent, reported Economic Times. The funding is being touted as one of the largest start-up deals in the news and entertainment...

Bangalore-based retail technology startup Mobisy, which helps companies increase their sales and streamline supple chain through its mobile first saas solution, has announced on Monday that it has received a second round of venture capital funding of $3.5 million ( ~ Rs 24 crores), led by SIDBI Venture Capital...

Hyderabad-based FreightBazaar, which that connects Truck suppliers with Truck users online, has raised undisclosed amount in Pre-Series A round of financing led by Omphalos Ventures India along with participation of ah! Ventures, reported BWDisrupt. FreightBazaar platform addresses the challenges of unorganized and unreliable long-haul transportation by instituting...

Bangalore-based mfine, an app-based on-demand healthcare service provider, has raised $4.2 million in Series A funding led by Prime Venture Partners along with participation of existing investors Stellaris Venture Partners and Mayur Abhaya (CEO and MD of LifeCell). The startup will use freshly raised funds to build larger hospital network,...