Mobikon invests in beverage discovery and gifting app Hipcask

October 20, 2016 | Binu Paul

Restaurant marketing and customer engagement platform Mobikon Asia Pte Ltd has led an undisclosed amount of seed funding in Hipcask, a beverage discovery and gifting platform.

Exclusive: iD Fresh Food nears Series B funding from stage-agnostic investor

October 19, 2016 | Debjyoti Roy & Swet Sarika

Ready-to-cook packaged food company iD Fresh Food (India) Pvt. Ltd is in the last leg of raising the Series B round of funding to drive its expansion plans in India and abroad, two people familiar with the development told VCCircle.

Nandan Nilekani, Helion and others write another cheque for RailYatri

October 19, 2016 | Dearton Thomas Hector

Noida-based Stelling Technologies Pvt Ltd, the company which runs, a platform which gives railways-related information, has raised a fresh round of funding from all its existing investors—Nandan Nilekani, Helion Ventures, Omidyar Partners and Blume Ventures.

Exclusive: Aerospace and defence tech startup Aadyah raises pre-Series A investment

October 19, 2016 | Manu P Toms

Aerospace and defence technology startup Aadyah Aerospace Pvt. Ltd has received pre-series investment of Rs 13 crore ($2 million) within seven months since its launch in April, said its chairman and managing director Shaju Stephen.

Saama Capital invests $1.1 mn in fintech startup Fisdom

October 19, 2016 | Dearton Thomas Hector

Bengaluru-based Finwizard Technology Pvt. Ltd, which runs wealth management app Fisdom, has raised $1.1 million (Rs 7.3 crore) from Saama Capital. 

The company will invest these funds in technology, to expand its team and acquire customers, it said in a statement.

Lightbox, Axis Capital lead Series B round in online furniture rental startup Furlenco

October 19, 2016 | Disha Sharma

Bangalore-based online furniture rental startup Furlenco has raised $15 million (Rs 100 crore) in its Series B round of funding led by existing investor Lightbox Ventures along with Axis Capital Partners, a Hong Kong-based venture capital fund.

Exclusive: Geist craft beer maker raises fresh funding

October 18, 2016 | Debjyoti Roy

Craft beer maker Beer Works Restaurants and Microbrewery Pvt. Ltd, which markets products under the brand Geist, has raised its second round of external funding from a clutch of high net-worth investors, a person privy to the development told VCCircle.

General Catalyst Partners invests $2.5 mn in solar marketplace MYSUN

October 18, 2016 | Disha Sharma

Delhi-based solar marketplace MYSUN, run by Eastern Light and Power Pvt. Ltd, has raised $2.5 million (Rs 16.63 crore) from General Catalyst Partners, a US-based venture capital firm focused on early stage and growth investments, it said in a statement.

TVS Capital’s Gopal Srinivasan, others invest in International Money Matters

October 18, 2016 | Bruhadeeswaran R

TVS Capital’s chairman Gopal Srinivasan and financial services industry veteran Narayan Seshadri have picked a majority stake in International Money Matters Pvt.

Seattle-based RoundGlass invests in parenting platform BabyChakra

October 18, 2016 | Disha Sharma

BabyChakra, which connects parents to services and products for babies, has raised an undisclosed amount of funding in its Series A round from RoundGlass Partners, a Seattle-based investor.

Exclusive: Hyderabad Angels backs EPaathSala

October 18, 2016 | Disha Sharma

EPaathSala, run by Bengaluru-based Kahan Technologies Pvt. Ltd, has raised an undisclosed amount in its pre-Series A round of investment led by Hyderabad Angels, the software-as-a-service provider’s founder told VCCircle.

Former Zensar Tech chairman Ganesh Natarajan invests in Studio Coppre

October 18, 2016 | Binu Paul

Ganesh Natarajan, former chief executive officer of Zensar Technologies Ltd and chairman of Nasscom Foundation, has invested an undisclosed amount in Studio Coppre, an online retailer and manufacturer of handcrafted copper artwork.

Travel insurance and forex marketplace YuMiGo raises first round of funding

October 17, 2016 | Priya Singh

YuMiGo, a discovery and transaction platform on web and mobile for foreign exchange and international SIM card services, has raised $300,000 (Rs 2 crore) in its first round of funding, according to a company statement.

Exclusive: Bike tour operator Enfield Riders raises angel funding

October 17, 2016 | Debjyoti Roy

Enfield Riders Pvt. Ltd, a Mumbai-based startup that conducts motorcycle tours, has raised its angel round of funding from a Mumbai-based wealthy individual, a top company executive told VCCircle.

Sports startup Rooter gets seed funding from Boman Irani, others

October 17, 2016 | Disha Sharma

Rooter, a sports social gaming platform, has raised an undisclosed amount of investment from actor Boman Irani.

The seed round also saw participation from Dhruv Chitgopekar, partner at Kwan Entertainment, and Prantik Dasgupta, a corporate professional and avid sports enthusiast.

Ummeed Housing Finance raises $3.5 mn from Lok Capital, Duane Park

October 17, 2016 | Bruhadeeswaran R

Delhi-based Ummeed Housing Finance Pvt. Ltd has raised $3.5 million (around Rs 23.4 crore) in a Series A round of funding from impact investor Lok Capital and Duane Park.

DSG Consumer Partners invests under $230K in bike rental startup Tazzo

October 15, 2016 | Dearton Thomas Hector

Hyderabad-based tech-enabled motorbike rental startup Tazzo Technologies Pvt. Ltd has received seed funding worth Rs 1.5 crore (around $227,000) from DSG Consumer Partners.

Matrix, Sequoia-backed DailyHunt raises $25 mn in Series D round

October 15, 2016 | Dearton Thomas Hector

Ver Se’ Innovation Pvt. Ltd, which runs vernacular news aggregator DailyHunt, has raised $25 million (Rs 168 crore) in a fresh round of funding from Chinese content provider ByteDance, it said in a statement.

Is the worst over for venture capital dealmaking in India?

October 14, 2016 | Joseph Rai

Venture capital (VC) firms who had tightened their purse strings almost a year ago and the number of VC deals has been sliding ever since, seem to be returning to the negotiating table to invest in startups.

Exclusive: Innov8 gets funding from former Flipkart executive

October 14, 2016 | Disha Sharma

Former Flipkart chief product officer (CPO) Punit Soni has invested an undisclosed amount of capital in Innov8, a sector agnostic co-working space. Innov8 is one of the three Indian companies selected by Y Combinator, a famous Silicon Valley incubator, for its summer batch of 2016.