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Biotech startup Mynvax raises angel funding

Biotech startup Mynvax has raised an undisclosed amount of funds from a clutch of angel investors, as reported by VCCircle. Among other investors, Ajith Sukumaran, former Nokiaexecutive participated in...

Inventus, Ideaspring invest Series A capital in AI startup Worxogo

Bengaluru-based AI-powered employee performance enabler startup Worxogo has raised ₹16.5 crores in its first funding round from venture capital firm Inventus Capital Partners and early-stage venture fund Ideaspring Capital. The funds raised will be used to...

Sequoia-backed refurbished goods marketplace GoZefo

Bengaluru-based online marketplace for pre-owned products GoZefo has raised around ₹21 crores ($3 million) in a fresh funding round led by New York-based stage agnostic investment firm FJ Labs,...

OnMobile Global acquires Swedish Appland AB

Bengaluru-based mobile value-added services provider company OnMobile has acquired one of the largest Swedish-based mobile app distribution startup Appland AB, in a cash deal. According to the report which has been revealed,...

AI-Led Matchmaking Platform Betterhalf.ai Raises $500K

Bengaluru-based AI-powered dating startup Betterhalf.ai has raised around ₹3.7 crores ($500,000) in seed funding from a clutch of angel investors including Shailesh Rao, former managing director of Google India...

India’s Federal Bank Is Building a Remittance App on R3’s Corda

One of the largest state of India that is Kerala has around 35% for all the foreign remittances which has come into India and one bank which is more...

Logistics Tech Startup Blackbuck Raises $27.4 Mn

Bengaluru-based logistics startup BlackBuck has raised ₹202 crores in a fresh funding round from a new investor Sequoia Capital, according to the regulatory filings. Other existing investors that participated...

Temasek-backed UST Global Acquires SeviTech

Singapore state investment firm Temasek-backed UST Global on Wednesday announced that it has acquired Bangalore-based SeviTech Systems, a chip design (VLSI) services company. The acquisition will bring in the advanced...

AI startup Netradyne Gets $8M Investment In Reliance Industries

San Diego and Bengaluru-based AI startup Netradyne has raised around ₹58 crores from Mukesh Ambani-led Reliance Industries for a 37.4% stake in the startup. The investment was made by Reliance Industries through its wholly owned...

OBOPAY acquires consumer-technology firm Mubble

Bengaluru-based mobile banking solutions provider Obopay announced that it had acquired Mubble, a consumer technology startup. The acquisition is expected to help Obopay to enhance data analytics capabilities and mobile app expertise. After the...

Digital lending patform Qbera raises $3 Mn from Essel Group’s subsidiary

Bengaluru-based digital lending startup Qbera has raised around ₹21 crores ($3 million) in an all-equity round led by Mumbai-based E-City Ventures, a subsidiary of Essel Group. This round marks the startup’s first institutional fundraising...

ShareChat raises Rs 720 crore, valuation may touch Rs 3.3k cr

Bengaluru-based vernacular social networking startup ShareChat has raised around ₹720 ($100 million) in a fresh round of funding. The round was led by existing investor Shunwei Capital, along with new investors Hong Kong-based Morningside...

Livspace raises $70 million from TPG Capital, Goldman Sachs, others

Livspace, which is a home and décor startup based out of Bangalore has now raised an amount of ₹509 crores ($70 million) in a funding round which is led by the...

Razorpay Recognised India’s Most Sought-After Startups: Reports

Razorpay, which is the India’s first holistic converged payments solution company having its headquarter based out Bangalore, today announced that it has been named to the 2018 LinkedIn Top Startups...

Ola raises $50M at a $4.3B valuation from two Chinese funds

Bengaluru-based cab-hailing unicorn, Ola has raised ₹362 crores ($50 million) from two new Chinese investors, Sailing Capital and China-Eurasian Economic Cooperation Fund (CEECF). The investments have been made through British Virgin Islands entities of...

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