raises Archive

Cash Suvidha raises a debt of $2.7 million

New Delhi, December 15, 2017: Delhi-based startup FinTech, Cash Suvidha, trade name of Usha Financial Services Pvt. Ltd., which extends business loans to SMEs, MSMEs, women entrepreneurs & personal loans to individuals, has raised an institutional debt of $2.7 million from various financial institutions since its inception in 2016. The company provides a variety of

Mobycy, India’s first dockless bicycle sharing startup launched; Raises half a million dollars in seed funding to escalate operations

 The Green Tech startup, Co-founded by ex-Marketing Head of Mobikwik, aims at making India a greener, fitter cycling nation New Delhi, December 5, 2017: Driven to solve the growing pollution menace and traffic congestion on roads, Co-Founders Akash Gupta and Rashi Agarwal have launched Mobycy – India’s first dockless bicycle sharing app. Mobycy is the

Lendingkart Technologies raises INR 70 crores (USD 10.51mn) in Equity

~This round was partaken by Sistema Asia Fund and current investors – Bertelsmann India Investment, Mayfield India, Saama Capital, India Quotient and Darrin Capital Management~ Wednesday, 6th September, 2017: Lendingkart Technologies today announced that it has raised INR 70 crores (USD 10.51mn) in the form of equity funds. Singapore-based Sistema Asia Fund along with current

Mobikon, Leading Marketing And Customer Engagement Platform For F&B Industry, Raises $7 Million In Series B Funding

  Round participation by a three-member investor consortium – Sistema Asia Fund (SAF), C31 Ventures (Singapore) and Qualgro & participation from the existing investors, i.e.- Jungle Ventures & Spring Singapore Funds to be deployed by Mobikon in scaling up its operations rapidly across India, South East Asia and Middle East. Mobikon currently has presence in

Lendingkart Finance raises $10 million in a Fresh Round of Debt Funding

~Kotak Mahindra Bank, Aditya Birla Financial Services, and few others have participated in this round~ August 3, 2017: Lendingkart Finance Limited, today announced that it has raised $10 million (INR 67 crores) debt fund from Kotak Mahindra Bank, Aditya Birla Financial Services and other financial institutions. As the company expands its reach to over 700

Epigamia [Drums Food International] raises Series B funding of 90 Crores

Funding round led by Verlinvest and DSG Consumer Partners with participation from InnoVen Capital     July 7, 2017 (Mumbai) – Drums Food International, the parent company of Epigamia Greek yogurt, announced a Rs 90 Crore Series B financing. The round was led by Verlinvest, a Belgium-based consumer focused private equity group created by the founding

Speaking pictures social network VoxWeb raises US$ 1 Million to fuel growth

National, June 23, 2017- VoxWeb, a mobile-first special-purpose social network around “speaking-pics”, has raised US$1million from individual investors. Successfully concluding its third round of funding, VoxWeb promoters and employees will continue to hold 80% ownership rights and 100% voting rights. The funding will be deployed to strengthen backend technologies and to add innovative and engaging

Goodera Raises $5.5 Million in Series A Funding Led by Nexus Venture Partners and Omidyar Network

 Bangalore, June 14 2017: Goodera, a global CSR & Sustainability Management technology platform, co-­‐headquartered in Bangalore and Menlo Park, today announced its Series A round of funding of $5.5mn from Nexus Venture Partners and Omidyar Network. Varsha Rao, previously Head of Global Operations at Airbnb also participated in this round along with other prominent angels.


  New Delhi, 25 May, 2017: Aye Finance, a non-banking finance company (NBFC) committed to transforming micro and small enterprise financing in India, has raised $8 million from Blue Orchard, a leading global impact investment manager. The funds were raised through NCDs (non-convertible debentures) with a maturity period of five years Aye Finance is headquartered

PaySense raises $5.3m in Series A led by Jungle Ventures with participation from Naspers and Nexus Ventures

Mumbai, May 18, 2017:  PaySense, India’s fastest growing digital credit platform, today announced their Series A funding of $5.3 million. The round was led by Jungle Ventures with participation from Naspers Group and Nexus Venture Partners.  The company had raised an earlier round of investment of $2.3 million led by Nexus Venture Partners and prominent