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BharatX raises $4.5 Mn in seed round from YC, others

Consumer credit venture BharatX has raised $4.5 million in a seed round from Y Combinator, 8i Ventures, Multiply Ventures, Soma Capital and other investors. Existing investor Java Capital also participated in the round. The funds raised will be used to build & expand the team, enhance & develop the product further and for market expansion, […]

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Fintech startup Open becomes India’s 100th unicorn, raises $50M in Series D led by IIFL

SME-focused neobanking platform Open on Monday announced $50 million in its Series D round from IIFL, along with existing investors  Temasek Holdings, Tiger Global Management, and 3one4 Capital. To date, the Bengaluru-based startup has raised over $140 million in funding, backed by global investors — including Temasek, Google, Visa, Tiger Global, Beenext, Recruit Strategic […]

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CredAvenue acquires majority stake in Corpository

Online debt marketplace CredAvenue has acquired a majority stake in Corpository, a full-stack corporate credit underwriting company at a valuation of Rs 100 crore. CredAvenue will acquire the majority stake through a combination of primary investment and secondary purchase from existing shareholders. Following the transaction, all lenders on CredAvenue’s platform will be able to evaluate […]

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Crypto startup Flippy raises seed round

New age social crypto discovery platform Flippy has announced the launch of its mobile app in India with a fundraising of $1.15 million in a seed round. Redstart Labs, a wholly-owned subsidiary of InfoEdge, has led the round with participation from Entrepreneur First, Justin Caldbeck, Alex Lin, and Anirudh Rastogi. The funds will be used […]

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Trade finance startup Vayana Network closes Series C at Rs 397 Cr

Trade finance startup Vayana Network on Wednesday said it has raised Rs 114 crore from International Finance Corporation (IFC) and Prosus-owned PayU in its Series C round, in addition to the Rs 283 crore it had raised as part of the round earlier. New and existing investors such as Chiratae Ventures, March Capital, Marshall Wace, […]

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Recur Club raises $30M in seed round

Recur Club, the fintech startup whose platform enables companies to raise capital in a non-dilutive manner, has raised $30 million in seed round of funding through a combination of debt and equity. The funding round was led by InfoEdge Ventures and Village Global with participation from Aditya Birla Finance, U GRO CAPITAL, and Incred Financial […]

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Fintech lender Kinara Capital secures Rs 380 Cr in equity led by Nuveen

Kinara Capital, an MSME fintech, on Tuesday announced that it has raised a fresh equity round of Rs 380 crores led by Nuveen , a global investment manager with over $1.3 trillion of assets under management, with participation from Triple Jump, a Dutch impact-focused investment manager advising the ASN Microkredietfonds. With this funding, Kinara Capital […]

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SaaS platform Expertia AI raises $1.2 Mn seed round

SaaS startup Expertia AI  has raised $1.2 million in a seed round led by Chiratae Ventures and Endiya Partners with participation from Entrepreneur First and angel investor Archana Priyadarshini. The funds will be used for assembling a team of AI researchers and software engineers and creating brand, and product awareness in the Indian market, said […]

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Leaf Round raises $300K, Sat Industries backs 18 early-stage startups, Pine Labs invests in Mosambee

Leaf Round, an alternative investments platform, has raised $300,000 in a pre-seed funding from micro VC firm Upsparks, Superb Capital and senior business leaders from McKinsey, Bain, Barclays, and Adobe. The startup will use the funds to further its product building efforts and create market awareness about the company and its offerings. It will also […]

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OneCode raises $13M in Series A round led by General Catalyst

Bengaluru-based business-to-consumer (B2C) fintech and financial services company Onecode has raised $13 million (Rs 100 crore) in its Series A funding round led by venture capital firm, General Catalyst. Returning investors Sequoia Capital India’s Surge, Nexus Venture Partners, and Waterbridge Ventures also participated in the round. OneCode had raised $5 million led by Surge and […]

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