raises Archive

BIRA91 – FIRST CRAFT BEER BRAND IMAGINED IN INDIA RAISES USD 6 MILLION IN SERIES A FUNDING

New Delhi, India, January 5, 2016: B9 Beverages, India’s first Craft Beer company has raised a Series A funding of USD 6 million from Sequioa Capital, and others. The specially brewed beer has been able to achieve a penetration of 70% in all its markets within a year of its launch. Growing at an exponential

Edutainment start-up ConveGenius raises INR 2 Cr. in a fresh round of funding via Enablers

New Delhi, November 17, 2015: Noida and Singapore based Ed-tech start-up, ConveGenius, has raised INR 2 Cr. in a fresh round of funding aided by ‘Enablers’(www.enablersinvestment.com), a web-based platform, connecting and facilitating fundraising transactions between investors and startups. The investment comes as a pre-Series A round while the company prepares for the larger Series A

Online Retailer Daraz Raises EUR 50m

Daraz, the leading online retailer in Asian frontier markets, has secured EUR 50m (USD ~55m) in its first major financing round. The investment comes from the CDC Group – the UK Government’s Development Finance Institution (DFI) focused on supporting and developing businesses in Africa and South Asia – as well as Daraz’s existing investor Asia

Zomato raises USD 60 million from Temasek and Vy Capital

7th September, 2015: Zomato, the restaurant search and discovery app, announced today that it has raised USD 60 million in a fresh round of funding that is being led by Singapore investment company, Temasek with participation from existing investor Vy Capital and will use the investment to further grow its new business verticals. This takes Zomato’s total funding

foodpanda raises additional USD 100 Million in funding led by Goldman Sachs

Investment to be used to expand foodpanda’s last-mile delivery operations and further improve customer experience 01 MAY 2015, BERLIN Together with the last funding of USD 110 Million in March 2015, foodpanda has now raised over USD 310 Million since its launch in 2012. After acquiring key competitors in India, Mexico, Russia, Brazil, Eastern Europe

THE BODY SHOP INDIA SUCCESSFULLY RAISES OVER INR 3 MILLION FOR S.H.E. – SUPPORT HER EDUCATION

S.H.E. – Support Her Education, A campaign aimed at providing education, nutrition, healthcare & self-defense training to 100 Girls from rural and underprivileged background.   A big thank you and congratulations to the very compassionate customers of The Body Shop India who have made this campaign a success with their generous contribution.   We are

UrbanClap raises INR 10 crores in seed funding to build out the m-commerce for services

Investors are SAIF Partners, Accel Partners and the Snapdeal founders New Delhi, April 16, 2015- UrbanClap, India’s largest mobile services marketplace, has raised 10 crores in funding from SAIF Partners, Accel Partners and the founders of Snapdeal, Kunal Bahl and Rohit Bansal. The company, currently serving Delhi-NCR, plans to invest the funds in strengthening its

CarDekho.com raises USD 50 Million

Girnar Software, parent company of CarDekho.com, valued at USD 300 Million     Bangalore, 28 January 2015: CarDekho.com, the flagship portal of GirnarSoft announced the closure of second round of funding with a raise of USD 50 Million. The funding was led by Hillhouse Capital with participation from Tybourne Capital and Sequoia Capital. The single

foodpanda group raises another $60 Million, aiming leadership in emerging markets

Global food delivery marketplace to strengthen and expand position in existing countries Berlin, August 11th 2014 – foodpanda, together with its affiliated brands hellofood and Delivery Club, today announced another financing round of $60 Million from a group of investors, including various existing investors, Falcon Edge Capital and Rocket Internet AG. Since its launch in 2012, foodpanda/hellofood

J.Kumar Infraprojects Limited Raises INR 1.37 bn Through a Qualified Institutions Placement

Mumbai July 23, 2014: J. Kumar Infraprojects Limited (“JKIL”), a leading civil engineering and construction company having over three decades of experience in transportation engineering has concluded its fund raising exercise through Qualified Institutions Placement (QIP) Process. The Company raised INR 1.37 bn through the QIP route, which saw participation by some highly reputed investors