IndianWeb2

startup funding

Elucidata Corporation, a data science company focused on developing tools and software solutions for drug discovery, announced today that it has raised $1.7 million in seed funding. The financing round was led by Hyperplane Venture Capital along with several prominent angels. The startup is headquartered in...

Mobile wallet company Mobikwik has announced today that it has invested Rs 2 crore in Pune-based Pivotchain Solutions, a data science startup focused on deep learning and advanced analytics. With this investment, Mobikwik aims to strengthen its fintech offeringsFounded in 2017 by Deepak Rao and Yogendra Pratap Singh, Pivotchain...

India's auto component giant Bharat Forge has made a strategic investment of $13.5 million (£10 million) or about Rs.90 crores in Tevva Motors, a British and Israeli electric truck company incorporated and registered under the Companies (Jersey) Law 1991 carrying out its operations from Chelmsford, UK.As part of...

Hyderabad-based solar energy solution startup Fourth Partner Energy announced that it has raised $70 million in Series B funding from The Rise Fund, a global impact investment fund managed by TPG Growth. The fresh round of funding comes after three years of last fundraise that happened...

After raising $10 million last December, HomeLane.com, India’s leading online home interiors brand today announced that it has raised fresh Rs 24 Crores from Brand Capital, the strategic investment arm of the media giant Bennett, Coleman and Co. Ltd (the Times Group) in a fresh round of funding....

Gurgaon-based NirogStreet, a one of its kind technology-led Ayurveda platform, has raised $300,000 (~ Rs 2 Crore) in funding from Japanese venture fund Spiral Ventures.Other investors who also participated in this round include Subho Ray, president of the Internet and Mobile Association of India (IAMAI) and Samir Kumar, Director...

Bangalore-based DailyNinja, a hyper-local delivery startup for milk and groceries, has raised $3 million in a fresh funding round led by venture capital firm Saama Capital, along with participation of existing investor Sequoia Capital.The startup will use the funds to expand its business by acquiring more customers across Bangalore,...

Gurgaon-based Aye Finance, a provider of loans to small businesses, has raised $21.5 million (~₹145.2 crore) in its Series C round led by CapitalG (formerly Google Capital), the venture capital fund owned by Google'a parent Alphabet Inc., reported LiveMint.Other investors who also participated in this...

Ratan Tata-founded RNT Capital Advisors will invest about $150 million in the mega financing round of Ant Financial Services, an affiliate company of the Chinese Alibaba Group and also the world’s most highly valued private technology company, said a report by Economics Times, citing two people...

Bangalore-based Meesho, a social commerce platform that helps both resellers and emerging brands build businesses using social media, has raised an $11.5 million Series B funding round led by Sequoia India.Existing investors SAIF Partners, Y Combinator and Venture Highway also participated in the round.Earlier in October 2017,...