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startup funding

Just two months back an India Startup Outlook Report 2018 released by InnoVen Capital said that many startups in India, especially early-stage ones, expected the fundraising environment to be difficult in 2018 compared to the previous year. The study seems to come out true when it comes to...
Gobumpr

Chennai-based automobile aftermarket platform, GoBumpr, has raised around $600k in Pre-Series A funding led by the existing investors - The Chennai Angels (TCA), Keiretsu Forum and individual investors. The investment round was led by Mr. Vinod Kumar Dasari (MD, Ashok Leyland) and saw participation from Shankar V (Director,...

Ammedabad-based internet-based startup Fixpocket secured USD 250,000 seed funding from La Gajjar Group, a private investment group based in Ahmedabad. Following the venture, the two companies together formed Kasova Ventues Private Limited, which currently owns and operates Fixpocket.The capital has been utilised for setting up the initial team,...

Gurgaon-based startup Sqrrl Fintech has raised USD 1 million in their Pre-Series A funding round from Equanimity Venture Fund. Launched in March 2017 by trio Samant Sikka, Dhananjay Singh and Sanjeev Sharma the app is aimed at helping young Indians to build the habit of savings and investments. It...

Palo Alto-based artificial intelligence startup Frontdesk AI, which was founded by Indian-orgin entrepreneurs Srivatsan Laxman and Supriya Rao -- both alumni of Indian Institute of Science (IIS), Bangalore, has raised $1.1 million funding from Speciale Invest and a group of angel investors from the Bay Area.Founded in 2016, FrontDeskAI...

Gurgaon-based ZunRoof, a rooftop focused solar startup, has raised a second round of angel funding of Rs 1.66 crore ($0.25mn) from i3N (led by Pradeep Tharakan, Sr. Energy Specialist at ADB and Vismay Sharma, MD, L'Oreal, UK & Ireland), Paipal Ventures’ Ajith Pai, Gaurav Gupta, Asia Director, Dalbergr and...

Kurawar, Madhya pradesh-based egg producer and agri-tech startup Eggoz has raised Rs 1.2 crores from clutch of angel investors including Narendra Sankar, Sunil Mishra, Vishal Sharma, Anurag Jhanwar and Mohini Jhanwar.Founded by IIT Kharagpur alumni Abhishek Negi, Uttam Kumar, Aditya Singh and Pankaj Pandey in December 2017, Eggoz operates...

Bengaluru-headquartered alcoholic beverages company, United Spirits Ltd (USL) has invested Rs 27 crore to pick up 26 percent stake in payment technology startup, Hip Bar Private Ltd, in its bid to drive sales through e-commerce route.The entire investment for stake acquisition was paid by UCL in cash. Following the...

Last year, blockchain Startups across the globe have raised around $1.3 billion through venture capital (VC) funds alone, not counting other funding sources such as individual investors and institutions, or through initial coin offerings (ICOs). And when it comes to India, blockchain startups in the country have raised mere...

Mahindra-owned baby products startup Firstcry is reportedly in talks to raise $100-150 million from new and existing investors as it seeks to increase its lead in the market.According to the LiveMint report, citing three people privy to the matter, Firstcry has fortifed talks with Singapore-based Temasek...