Business news

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Hero MotoCorp records highest ever monthly sales in October

02 Nov 2020

Hero MotoCorp records highest ever monthly sales in October

India's battered auto sector is finally seeing signs of recovery as more and more auto giants register exceptional growth. Hero MotoCorp Ltd. has recorded its highest ever monthly sales in October, with a stunning 35% year-on-year increase in its domestic wholesales.

RailYatri raises over Rs. 100 crore in funding: Details here

25 Feb 2020

RailYatri raises over Rs. 100 crore in funding: Details here

RailYatri, a travel-tech start-up, has raised over Rs. 100 crore in the latest funding round led by Entrust Family Office (NRJN Family Services), Infosys co-founder Nandan Nilekani, and Samsung Venture Investment.

Microfinance start-up Prayaan Capital raises $1.2 million seed funding

21 Feb 2020

Microfinance start-up Prayaan Capital raises $1.2 million seed funding

Chennai-based Prayaan Capital, a fin-tech start-up that offers microloans to small and medium-sized businesses (SMBs), has received $1.2 million in a seed round of funding.

Brick&Bolt receives $1.5 million Pre-Series A funding

13 Feb 2020

Brick&Bolt receives $1.5 million Pre-Series A funding

Brick&Bolt, a real estate start-up that provides an online marketplace for end-to-end construction services, has raised $1.5 million in a Pre-Series A round of funding.

Tea cafe chain Chaayos raises $21.5 million funding

11 Feb 2020

Tea cafe chain Chaayos raises $21.5 million funding

Chaayos, a technology-led cafe chain which sells a variety of tea and snacks, has raised $21.5 million in a mix of equity and debt funding round led by Think Investment.

Tencent leads $15 million Series A funding in Doubtnut

02 Feb 2020

Tencent leads $15 million Series A funding in Doubtnut

Gurugram-based Doubtnut, an ed-tech start-up which provides interactive video solutions to students' queries via its mobile application, website, YouTube and WhatsApp channels, has raised $15 million in a Series A round of funding led by Chinese conglomerate Tencent.

Scooter rental start-up VOGO raises $35 million funding

01 Feb 2020

Scooter rental start-up VOGO raises $35 million funding

VOGO, a Bengaluru-based start-up that provides last-mile connectivity solutions in the form of self-drive rental scooters, has raised $35 million in a Series C round of funding led by Lightstone Aspada.

Bike rental start-up Bounce raises $105 million Series D funding

23 Jan 2020

Bike rental start-up Bounce raises $105 million Series D funding

Bounce (formerly known as Metro Bikes), a Bengaluru-based start-up that provides last-mile connectivity solutions, has raised $105 million in a Series D round of funding.

Park+ raises $11 million from Sequoia Capital, Matrix Partners

22 Jan 2020

Park+ raises $11 million from Sequoia Capital, Matrix Partners

Park+, a Delhi-based start-up that provides smart parking solutions through its mobile application, has raised $11 million in funding.

JioTV beats rivals convincingly, now offers 679 Live TV channels

22 Jan 2020

JioTV beats rivals convincingly, now offers 679 Live TV channels

JioTV, the Reliance Jio-owned Live TV streaming platform has expanded its catalog of channels to beat rivals like Airtel Xstream and Vodafone Play.

Vehicle rental start-up Zoomcar raises $30 million in funding

21 Jan 2020

Vehicle rental start-up Zoomcar raises $30 million in funding

Zoomcar, a Bengaluru-based start-up that allows individuals to rent cars as per their convenience, has raised $30 million in funding.

Online beauty store Purplle raises $8 million in funding

14 Jan 2020

Online beauty store Purplle raises $8 million in funding

In a new development, Purplle, a Mumbai-based e-commerce company dealing in beauty and personal care products, has raised $8 million.

Rivigo raises $20 million in Series F funding round: Report

06 Jan 2020

Rivigo raises $20 million in Series F funding round: Report

Gurugram-based unicorn Rivigo has raised $20 million (Rs. 142 crore) in a Series F round of funding.

Lenskart raises $231 million, enters the elite unicorn club

20 Dec 2019

Lenskart raises $231 million, enters the elite unicorn club

Lenskart, a Faridabad-based start-up providing a platform to buy eyewear online, has reportedly raised $231 million in a Series G round of funding led by Japanese conglomerate SoftBank.

Ed-tech start-up Springboard raises $11 million

18 Dec 2019

Ed-tech start-up Springboard raises $11 million

Springboard, a San Francisco-headquartered company that provides career upscaling solutions with courses for data science, design, analytics, etc, has raised $11 million in post-Series A funding round.

Food-tech start-up HungerBox raises $12 million in funding

17 Dec 2019

Food-tech start-up HungerBox raises $12 million in funding

HungerBox, a Bengaluru-based B2B food and beverage technology company that provides solutions for corporate, has raised $12 million in funding.

Marketing intelligence start-up Slintel raises $1.5 million seed funding

16 Dec 2019

Marketing intelligence start-up Slintel raises $1.5 million seed funding

Slintel, a San Francisco-headquartered SaaS start-up which provides lead intelligence and sales enablement support to businesses, has raised $1.5 million in a seed round of funding.

Zetwerk raises Rs. 225 crore in Series B round

13 Dec 2019

Zetwerk raises Rs. 225 crore in Series B round

Zetwerk, a Bengaluru-based B2B online marketplace that connects buyers and suppliers for manufacturing jobs, has raised Rs. 225 crore ($32 million) in a Series B round of funding.

Nivesh.com raises $600k in seed round of funding

07 Dec 2019

Nivesh.com raises $600k in seed round of funding

Nivesh.com, a Noida-based mutual funds investment platform, has raised $600k (approximately Rs. 4.3 crore) in a seed round of funding.

CarDekho raises $70 million in Series D funding round

05 Dec 2019

CarDekho raises $70 million in Series D funding round

CarDekho, a Jaipur-headquartered company providing enterprise mobility solutions as well as a platform to buy/sell used vehicles, has raised $70 million in a Series D round of funding.

Hyderabad-based Froogal raises $1 million in Pre-Series A round

04 Dec 2019

Hyderabad-based Froogal raises $1 million in Pre-Series A round

Froogal, a Hyderabad-based loyalty and engagement platform which rewards users for their shopping habits, has raised $1 million in a Pre-Series A funding round.

Online insurance provider Acko raises $16 million from Ascent Capital

30 Nov 2019

Online insurance provider Acko raises $16 million from Ascent Capital

Mumbai-based insurance-tech start-up Acko General Insurance, a digital first platform which primarily offers two-wheeler and four-wheeler insurance, has raised $16 million in funding from Ascent Capital.

Biotechnology start-up Zumutor Biologics raises $4 million: Details here

28 Nov 2019

Biotechnology start-up Zumutor Biologics raises $4 million: Details here

Zumutor Biologics Inc., a biotechnology start-up founded in Bengaluru, has raised $4 million in a fresh round of funding.

Logistics start-up BlackBuck raises Rs. 56 crore from Trifecta

27 Nov 2019

Logistics start-up BlackBuck raises Rs. 56 crore from Trifecta

BlackBuck, a Bengaluru-based logistics start-up, has raised Rs. 56 crore (approximately $7.83 million) in debt and equity round from venture debt firm, Trifecta Capital.

Bike-sharing start-up Yulu raises $8 million from Bajaj Auto

26 Nov 2019

Bike-sharing start-up Yulu raises $8 million from Bajaj Auto

Yulu, a Bengaluru-based start-up, has raised $8 million in the latest funding round led by India's leading two wheeler manufacturer, Bajaj Auto.

Paytm raises $1 billion, becomes most valued Indian start-up

25 Nov 2019

Paytm raises $1 billion, becomes most valued Indian start-up

One97 Communications, a Noida-based company that owns digital payments platform Paytm, has raised around $1 billion in a recent funding round.

Social commerce start-up WMall receives Rs. 64 crore funding

21 Nov 2019

Social commerce start-up WMall receives Rs. 64 crore funding

WMall, a Bengaluru-based social commerce start-up that sells kitchen items as well as women's beauty products, has raised Rs. 64 crore (approximately $9 million) in a Series B round of funding.

Med-tech start-up Medikabazaar receives $15.8 million funding

18 Nov 2019

Med-tech start-up Medikabazaar receives $15.8 million funding

Medikabazaar, a start-up offering B2B online marketplace for medical devices and supplies, has raised $15.8 million in a Series B funding round.

Insurance aggregator Policybazaar raises $150 million from Tencent

11 Nov 2019

Insurance aggregator Policybazaar raises $150 million from Tencent

Insurance aggregator company Policybazaar, which compares financial services from major insurance companies for instant purchases, has raised $150 million in a funding round led by Tencent Holdings Ltd.

YourOwnROOM raises $1.3 million in seed round of funding

07 Nov 2019

YourOwnROOM raises $1.3 million in seed round of funding

YourOwnROOM, a Bengaluru-based start-up that helps students and working professionals find an ideal residential place, has raised $1.3 million in a seed round of funding.

Vernacular news aggregator start-up Lokal raises $3 million

05 Nov 2019

Vernacular news aggregator start-up Lokal raises $3 million

Lokal, a Bengaluru-based local content aggregator that serves news to vernacular audiences based on their location, has raised $3 million in a new round of funding.

Fisdom raises $11 million from fintech giant PayU and others

01 Nov 2019

Fisdom raises $11 million from fintech giant PayU and others

Fisdom, a Bengaluru-based wealth management start-up that offers investment advisory services through its mobile application, has raised $11 million in a fresh round of funding.

Binny Bansal invests $12.3 million in customer engagement platform Mobikon

26 Oct 2019

Binny Bansal invests $12.3 million in customer engagement platform Mobikon

Mobikon, a marketing and data-exchange platform for restaurants, has raised $12.3 million in Series B round of funding.

AI-based fintech start-up Crediwatch raises $3.2 million: Details here

24 Oct 2019

AI-based fintech start-up Crediwatch raises $3.2 million: Details here

Bengaluru-based fintech start-up Crediwatch has raised $3.2 million in Series A round of funding.

Kogta Financial raises Rs. 300 crore in Series C round

07 Oct 2019

Kogta Financial raises Rs. 300 crore in Series C round

Kogta Financial (India) Limited, a Jaipur-based non-banking financial company (NBFC), has raised Rs. 300 crore in Series C round of funding.