indian startup funding

Rahul Yadav’s Broker Network raises Rs 90 Cr from Info Edge

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Broker Network, the proptech business founded by Housing.com founder Rahul Yadav, has received another Rs 90 crore from its existing and sole backer, Info Edge. With this latest investment, Info Edge’s subsidiary Allcheckdeals India now owns 59.8% of the Mumbai-based company. According to regulatory filings with the Registrar of Companies, the board of Broker Network’s …

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MedGenome secures $50 million in funding led by Novo Holdings

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MedGenome, a Bengaluru-based genomics research business, has raised $50 million in a strategic investment round headed by life sciences investor Novo Holdings. Other current investors, including LeapFrog Investments and Sofina, also participated in the round. The cash will be used to expand the startup’s geographical impact beyond South Asia into Africa and the Middle East. …

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Meesho develops a logistics SaaS platform to expand its network

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According to people familiar with the situation, e-commerce business Meesho is developing a logistics-focused enterprise software solution that can be utilized by small and medium-sized industrial participants. While the product is still being developed internally, Meesho’s reliance on significant third-party logistics firms such as Ecom Express, Xpressbees, and Delhivery will be reduced over time. Meesho …

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Kedaara Capital invests $50 million in IVF chain Oasis Fertility

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Oasis Fertility announced an investment from Indian private equity firm Kedaara Capital for a sizable minority ownership in the business. This is Kedaara’s second investment in the healthcare industry’s single speciality. With this $50 million deal and a promise to invest more money in smart acquisitions, Kedaara hopes to assist Oasis achieve its goal of …

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Hiver raises $22M in Series B round from K1 Capital, others

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Hiver, a software as a service (SaaS) startup, has raised $22 million in Series B round from K1 Capital. Existing investors including Kalaari Capital, Kae Capital, and AngelList have also participated in the round, according to a release shared by the company. SaaS startup Hiver plans to use the freshly raised capital to accelerate marketing …

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Personal care brand CureSkin raises $5M in Series A round led by JSW Ventures

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Bengaluru-based artificial intelligence-driven beauty and personal care brand CureSkin has raised $5 million in a Series A round led by JSW Ventures with participation from Sharrp Ventures, SenseAI, and other existing investors. According to an official statement, the startup plans to deploy these funds to grow its overall customer base, expand into adjacent categories and …

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Agritech startup Otipy raises $32M in Series B led by Westbridge Capital

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Agritech startup Otipy on Monday said it raised $32 million (Rs 235 crore) in a Series B round led by Westbridge Capital. Existing investors SIG and Omidyar Network India also participated in the round, the startup said in a statement. The Series B funding comes in six months after the Gurugram-based startup raised $10.2 million …

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Captain Fresh raises $50M in Series C round

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B2B animal protein marketplace Captain Fresh has raised $50M in a Series C funding round co-led by its existing investors Prosus Ventures and Tiger Global. The round also saw the participation of existing investors Accel India, Matrix Partners India, Ankur Capital, and Incubate Fund. This was the company’s third investment in 12 months, with its …

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Fintech startup CredAvenue enters unicorn club with $137M funding

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Chennai-headquartered debt marketplace for enterprises CredAvenue announced that it has raised $137 million in a Series B round of funding, catapulting it to the famed startup unicorn club. The round, led by Insight Partners, B Capital Group and Dragoneer Investment Group, valued the company at $1.3 billion post-money, a 3X jump from its $410-million valuation …

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Fintech startup Junio raises $6M in Pre-Series A round led by NB Ventures

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Delhi-based fintech startup Junio on Friday announced that it has raised $6 million (Rs 45 crore) in Pre-Series A funding round, led by UAE-based firm NB Ventures with significant participation from the Rajiv Dadlani Group. According to the official statement, the startup will use the freshly raised capital to bolster its team, roll out new …

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