Exclusive: 1mg founders, others back fin-tech startup InMotion

September 23, 2016 | Nishant Sharma

Fin-tech startup InMotion Media Ventures Pvt. Ltd has received an undisclosed amount of funding from online drug marketplace 1mg’s founders Prashant Tandon and Gaurav Agarwal, a top executive at the Noida-based startup told VCCircle.

Exclusive: Lender to low-cost schools ISFC raises fresh venture funding

September 23, 2016 | Debjyoti Roy

Indian School Finance Company Pvt. Ltd (ISFC), a non-banking finance company that provides loans to affordable private schools, vocational colleges and institutes, has raised a fresh round of venture funding from a US-based investor, a person privy to the development told VCCircle.

Startup incubator Idea Wave Labs picks up stake in First Moms Club

September 23, 2016 | Priya Prasad

Singapore-headquartered technology startup incubator Idea Wave Labs has picked up a minority stake in Mumbai-based First Moms Club (FMC), an app-based network of mothers.

Cloudnine Hospitals co-founder Rohit MA invests in ParentLane

September 23, 2016 | Arti Singh

ParentLane, an app-based social platform for babycare and parenting, has received an undisclosed amount of funding from Cloudnine Hospitals' co-founder and managing director Rohit MA. 

Exclusive: Redcliffe's Dheeraj Jain set to launch $50 mn early-stage fund

September 22, 2016 | Varun Arora

Dheeraj Jain, director at London-based investment firm Redcliffe Capital, is set to launch a $50 million early-stage fund to invest in technology startups in India and overseas.

Accel India, Asuka Holding invest in medical journal startup DailyRounds

September 22, 2016 | Priya Prasad

Bengaluru-based DailyRounds Inc, an app-based medical journal for doctors, has raised an undisclosed amount of funding from Accel India and Asuka Holding of Japan.

Carpediem strikes third deal, backs mobile repairing startup Gadgetwood

September 22, 2016 | Debjyoti Roy

Home-grown private equity firm Carpediem Capital has invested nearly Rs 40 crore (around $6 million) in Gadgetwood, an on-demand repair services and refurbishment startup, marking its third investment from its debut fund.

Japan’s Rebright Partners backs mobile gaming startup Flixy Games

September 22, 2016 | Priya Prasad

Mobile games publisher Flixy Games Pvt Ltd has raised $425,000 (Rs 2.8 crore) in seed funding from Rebright Partners, a Japan-based venture capital firm. 

Exclusive: Patni Group's Currae fund, Unicorn India back Pharmarack

September 22, 2016 | Disha Sharma

Pune-based Pharmarack Technologies Pvt. Ltd, which provides software-as-a-service applications for automated order processing and inventory management to pharmaceutical retailers and distributors, has raised Rs 5 crore ($745,000) in its pre-Series A round of funding.

Nexus-backed solar lighting products firm d.light raises $22.5 mn

September 22, 2016 | TEAM VCC

San Francisco-headquartered solar lighting & power products maker d.light has raised $15 million (Rs 100 crore) in Series D round of equity funding from KawiSafi Ventures Fund, Energy Access Ventures, Omidyar Network and NewQuest Capital Partners, it said on Wednesday.

Exclusive: Mobile app developer Hashtaag raises $1 mn in seed funding

September 21, 2016 | Manu P Toms

Bengaluru-based mobile app developer startup Hashtaag has received seed funding of $1 million from three investors, its founders said.

The founders didn’t disclose the names of the investors.

Anglian Omega Network backs sports-focused social platform Khel Now

September 21, 2016 | Disha Sharma

Singapore-based Agnificent Platform Technologies Pte. Ltd that runs Khel Now, a crowd-managed platform that aims to bring sports-related content and social networking together, has raised $350,000 from Anglian Omega Network, it said in a statement.

Pepperfry raises $31 mn from Goldman Sachs, Norwest Venture, others

September 21, 2016 | Disha Sharma

Furniture e-tailer Pepperfry has raised Rs 210 crore ($31.3 million) from existing investors including Goldman Sachs Group Inc., as it looks to expand its network and open more offline outlets to better compete with rivals.

KellyGamma, Lead Angels back healthcare record manager PurpleDocs

September 21, 2016 | Priya Prasad

Gujarat-based PurpleDocs, a healthcare records management startup, has raised an undisclosed amount of funding from investors including KellyGamma, Lead Angels and a few high net-worth individuals (HNIs).

Co-working space provider CoLife raises $1 mn in angel funding

September 20, 2016 | Binu Paul

CoLife Advisory Pvt. Ltd, which operates a network of shared living and working spaces under and, respectively, has raised $1 million (Rs 6.7 crore) in seed funding from a group of undisclosed angel investors.

CIO Angel Network backs customer engagement startup Codemojo

September 20, 2016 | Priya Prasad

Chennai-based customer engagement startup Codemojo has raised an undisclosed amount of funding from the CIO Angel Network. Angel investor Sanjay Mehta and technology evangelist Manoj Chandiramani led the round from the network.

Exclusive: Jabong CTO backs automated chat solution startup Joe Hukum

September 20, 2016 | Nishant Sharma

Joe Hukum, which provides automated chat-based solutions to companies, has received commitment for a pre-Series A round of funding, a co-founder of the startup said.

Exclusive: E-distributor Just Buy Live plans fundraise to enhance presence

September 19, 2016 | Bruhadeeswaran R

Just Buy Live Enterprise Pvt. Ltd, an e-distributor that connects shopkeepers with consumer brands and distributors, is firming up plans to raise its second round of growth capital to enhance market presence, a top executive told VCCircle.

Fresh veg supplier Lawrencedale raises funding from BESTSELLER, Unitus Impact

September 19, 2016 | Binu Paul

Ooty-based Lawrencedale Agro Processing India Pvt.

Bessemer Venture leads $15 mn round in food-tech startup Swiggy

September 19, 2016 | Arti Singh

Bengaluru-based Bundl Technologies Pvt Ltd, which owns and operates online food ordering platform Swiggy, has raised $15 million (Rs 100 crore) in a Series D funding round led by Bessemer Venture Partners.