IAN, Native Angels Network back Indian snacks portal Native Special

January 19, 2017 | Varun Arora

Tamil Nadu-based Native Special Products Ltd, which operates Indian sweets and snacks portal Native Special, has raised an undisclosed amount of funding from Indian Angel Network (IAN) and Madurai-based Native Angels Network (NAN).

Exclusive: Singularity Ventures backs wedding planning firm

January 19, 2017 | Arti Singh

Mumbai-based online marketplace for wedding venues and vendors,, has raised nearly $1 million (Rs 6.8 crore) from Singularity Ventures, a person close to the development told Techcircle. Existing investor Sixth Sense Ventures also participated in the round.

New Science Ventures, others invest $12.8 mn in Zeotap

January 18, 2017 | Binu Paul

Bangalore- and Berlin-based mobile data startup Zeotap GmbH has raised $12.8 million (12 million euros) in Series B funding from New Science Ventures (NSV) and Here.

Exclusive: Singapore's SB Ventures invests in PParkE

January 18, 2017 | Dearton Thomas Hector

Bangalore-based Pristech Technologies Pvt Ltd, which runs parking solutions app PParkE, has raised an undisclosed amount in seed funding from Singapore-based early-stage investment firm SB Ventures, one of its co-founders told Techcircle.

Exclusive: Angel investors back construction management platform QwikSpec

January 18, 2017 | Binu Paul

Cloud-based construction field inspection and asset management platform QwikSpec has raised $300,000 (Rs 2 crore) in angel funding, its founders told Techcircle. The amount was raised from a veteran tech angel investor, whose name the founders didn't disclose, and others. 

Exclusive: CX Partners co-founder Ajay Relan invests in fresh produce startup

January 18, 2017 | Joseph Rai & Debjyoti Roy

Ajay Relan, co-founder and former managing partner of private equity firm CX Partners, has made an investment in a Delhi-based fresh produce startup, a top company executive told VCCircle.

Exclusive: Fruits and vegetable retailer Freshworld raises fresh funding

January 18, 2017 | Debjyoti Roy

Retailworx Pvt. Ltd, which owns and operates food and vegetable retailing startup Freshworld, has raised a fresh round of funding from a clutch of angel investors, according to people close to the development.

Exclusive: Healthy snacks brand The Green Snack raises angel round

January 18, 2017 | Debjyoti Roy

Control Alt Foods Pvt. Ltd, which markets healthy snacks under the brand The Green Snack Co, has raised its angel round of funding from two wealthy individuals, a top company executive told VCCircle.

Cleantech firm D.Light raises $10.5 mn from Norfund, others

January 18, 2017 | Debjyoti Roy

D.Light Design Inc., a San Francisco-based solar lighting and power products maker that also operates in India, has raised $10.5 million (Rs 71.4 crore) in a funding round led by Norwegian state-owned investment fund Norfund.

Exclusive: Simplilearn to raise $40 mn from PE firms this year

January 18, 2017 | Manu P Toms

Online certification course provider Simplilearn is planning to raise $30-40 million in Series D funding in the first half of this year, its founder and CEO Krishna Kumar told Techcircle. 

Exclusive: Vehicle maintenance marketplace Hoopy raises angel round

January 18, 2017 | Debjyoti Roy

Vehicle maintenance marketplace Nephonine Solutions Pvt. Ltd, which offers its services under the brand Hoopy, has raised its angel round of funding from a clutch of wealthy individuals, according to people close to the development.

Fireside's Kanwaljit Singh, Mumbai Angels back Vahdam Teas

January 18, 2017 | Debjyoti Roy

Vahdam Teas Pvt Ltd, a Delhi-based tea e-tailer, said on Wednesday it has raised funding from a clutch of angel investors to implement its expansion plans.

Exclusive: Dubai-based angel investors back truck aggregator Ezytruk

January 17, 2017 | Disha Sharma

Bangalore-based logistics and truck aggregator Ezytruk Solutions Pvt Ltd has raised $147,000 (Rs 1 crore) in angel investment from Dubai-based investors Ajith Nair and Anish K.

IDFC Alternatives partners Parampara Capital to enter early-stage investment space

January 17, 2017 | Bruhadeeswaran R

IDFC Alternatives, the private equity arm of IDFC group, is partnering with venture capital firm Parampara Capital to launch an early stage fund targeting at innovative startups, it said in a statement.

Flipkart invests more in parenting social network TinyStep

January 17, 2017 | Debjyoti Roy

Bangalore-based WeHive Technologies Pvt. Ltd, which runs parenting social network TinyStep, has raised Rs 13.6 crore ($2 million) in a fresh round of funding from its existing investor, e-commerce major Flipkart.

Milk Mantra raises Series D round from Neev Fund, existing investors

January 17, 2017 | Debjyoti Roy

Odisha-based dairy startup Milk Mantra Dairy has raised its Series D round of funding led by Neev Fund, which is backed by the country's largest lender State Bank of India, it said in a statement.

India Quotient invests in food-tech startup Ketchupp

January 17, 2017 | Shruti Jain

Online food discovery platform Ketchupp has secured Rs 3 crore ($440,000) in seed funding led by early-stage investment firm India Quotient. A group of unnamed angel investors also invested in the round.

Tencent leads $55-mn round in Practo as 3 new investors get on board

January 17, 2017 | Dearton Thomas Hector

Digital healthcare platform Practo has raised $55 million in Series D funding led by existing investor China's Tencent.

Govt mulls VC fund for minorities despite Dalit fund debacle

January 17, 2017 | Aman Malik

In what is reminiscent of DICCI SME Fund launched by former finance minister P Chidambaram, the government could soon launch a venture capital (VC) fund for minorities and depressed classes as it looks to push social sector reforms.

Zuckerberg-backed Byju’s acquires learning guidance platform Vidyartha

January 17, 2017 | Binu Paul

Ed-tech startup Byju’s has acquired Bangalore-based learning guidance tool and student profile-builder Vidyartha for an undisclosed amount.