IvyCap Ventures invests in agri-tech startup RML AgTech

January 25, 2017 | Varun Arora

Mumbai-based RML AgTech Pvt. Ltd, which provides support services to farmers via mobile phones, has raised $4 million (Rs 27.2 crore) from existing investor IvyCap Ventures.

iSPIRT’s Sharad Sharma, Google's Anandan invest more in Wishberry

January 25, 2017 | Varun Arora

Mumbai-based Wishberry Online Services Pvt. Ltd, which runs and operates crowdfunding platform Wishberry for creative artists, has raised an undisclosed amount in pre-Series A funding led by iSPIRT’s Sharad Sharma.

Nudge Foundation to invest $7.3 mn via incubator for non-profit startups

January 25, 2017 | Varun Arora

Nudge Foundation, which is backed by Infosys co-founder Nandan Nilekani, Tata Trusts and other industry heavyweights, has launched N/Core, an incubator for non-profit startups working towards poverty alleviation. 

Impact investor Aavishkaar-Intellecap Group raises $25 mn

January 25, 2017 | Debjyoti Roy

Impact investment firm Aavishkaar-Intellecap Group said on Wednesday it has raised $25 million (about Rs 170 crore) in an equity funding round led by Triodos Investment Management and Shell Foundation.

Exclusive: Travelyaari co-founder, former Ventureast exec to float seed fund

January 24, 2017 | Manu P Toms

A co-founder of travel portal Travelyaari and a former executive at venture capital firm Ventureast are set to launch a seed fund to invest in tech startups, people aware of the matter said.

Germany-based funds Senovo, UVC back SaaS venture Loyalty Prime

January 24, 2017 | Shruti Jain

Software-as-a-Service (SaaS) platform Loyalty Prime has secured a Series A round of funding from a consortium of investors, including Munich-based early stage fund Senovo, Unternehmertum Venture Capital (UVC) and angel investor Alexander Bruehl, the company said in a statement on Tuesday.

Early-stage investor East Ventures backs Betaout

January 24, 2017 | Disha Sharma

Betaout Inc, a customer intelligence and marketing automation platform for e-commerce companies, has raised an undisclosed amount of funding from East Ventures and other South East Asia-based angel investors.

GMO Venture Partners, others back logistics startup LetsTransport

January 24, 2017 | Dearton Thomas Hector

Bengaluru-based Diptab Ventures Pvt. Ltd, which operates tech-enabled logistics startup LetsTransport, has raised $4 million (around Rs 27.2 crore) in its second round of funding, a top company executive told

Iron Pillar, IIFL back online discovery platform NowFloats

January 24, 2017 | Disha Sharma

Hyderabad-based NowFloats Technologies Pvt.

Dell Foundation-backed IEIF invests in ed-tech startup, job portal

January 23, 2017 | Shruti Jain

India Educational Investment Fund (IEIF), an early-stage impact fund established by the Michael & Susan Dell Foundation (MSDF), has invested undisclosed amounts in ed-tech firm ChipperSage and job portal Select Jobs.

CapitalG, Sequoia India invest $15 mn in math learning startup Cuemath

January 23, 2017 | Shruti Jain

Math learning startup Cuemath on Monday said it raised $15 million (nearly Rs 102 crore) in its Series B round of funding from CapitalG (formerly known as Google Capital) and existing investor Sequoia India.

YourNest backs defence IoT startup CRON Systems

January 23, 2017 | Disha Sharma

Defence IoT startup CRON Systems Pvt Ltd on Monday said it raised an undisclosed amount in its pre-series A round of investment from early stage investor YourNest India Fund.

Rajasthan Venture Capital Fund backs B2B artisan marketplace

January 20, 2017 | Shruti Jain

Jaipur-based Rajasthan Venture Capital Fund (RVCF) has invested an undisclosed amount in Direct Create Private Limited (DC), an online and offline B2B marketplace that brings together artisans, designers and buyers, according to a press statement.

IIT Delhi, Wharton alumni back IoT startup Tyre Express

January 20, 2017 | Disha Sharma

Enterprise IoT solutions startup Tyre Express Pvt. Ltd. has raised an undisclosed amount in its seed round from IIT Delhi and Wharton alumni, the company said in a statement.

Former Citigroup executive invests in data analytics firm Connaizen

January 20, 2017 | Arti Singh

Singapore-headquartered and Delhi-based data analytics firm Connaizen has raised an undisclosed amount in pre-seed funding from Umang Moondra, former managing director of Citigroup, Singapore. 

Exclusive: Personal care products maker CleanLife raising angel round

January 20, 2017 | Debjyoti Roy

CleanLife India Pvt. Ltd, a personal care products manufacturer, is in an advanced stage of discussions to raise its angel round of funding from a Mumbai-based investor, a top company executive told VCCircle.

Stellaris, Bessemer & Jungle Ventures back B2B marketplace Wydr

January 20, 2017 | Disha Sharma

Mobile business-to-business (B2B) marketplace Wydr has raised an undisclosed amount in Series A funding from Stellaris Venture Partners, Bessemer Venture Partners and Jungle Ventures, according to a press statement. Axis Capital from Singapore also participated in the round.

IFC to invest $10 mn in logistics startup BlackBuck

January 19, 2017 | TEAM VCC

International Finance Corporation plans to make an equity investment of up to $10 million (Rs 68 crore) in logistics startup BlackBuck for a minority stake, the World Bank’s private-sector arm said.

Saama Capital raises $57 mn under third India VC fund

January 19, 2017 | Ranjani Raghavan

Saama Capital has made a final close of its third venture capital fund raising $57 million (Rs 390 crore), as per a US Securities and Exchange Commission filing.

Noida-based realty developer SD Group backs fitness marketplace Fitnapp

January 19, 2017 | Binu Paul

Delhi-based Metano Technologies Pvt Ltd, which owns and operates fitness app Fitnapp, has raised pre-series A round of funding from Noida-based realty developer SD Group.