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FUNDING

April 19th, 2018 Grail Inc, the cancer-detection startup backed by two world's wealthiest men is planning to raise $1 billion to push growth much ahead of its Initial Public Offering in Hong Kong. The very first product that will focus on screening test for nasopharyngeal cancer will be launched this year informed Grail Incorporation.Nasopharyngeal...
FUNDING

April 18th, 2018 Delhi based offline entertainment app GoldSeat looking to raise $3 million funding to expand its operations further in India. Earlier GoldSeat has raised USD 160K worth funding. Founded in 2016, by Nischal Khetarpal & Gaurav Kapahi, GoldSeat has its application running across 250 buses which includes buses of Uttar Pradesh...
FUNDING

April 18th, 2018 Chennai based mini-truck aggregator platform raises ₹20 Cr funding from its existing investor, Ramco Group and the promoters - P.R. Venketrama Raja (Chairman, Ramco Systems) and his son Abinav Raja(Co-founder, Lynk). Founded by Abinav Raja and Shekhar Bhende, Lynk is an intra-city on-demand last mile technology platform that...
FUNDING

April 17th, 2018 Accel Partners, a private equity investment firm has invested about Rs 40 crore in online freight logistics firm Cogoport. In a press release, the Cogoport said, "it has secured Series A funding round from Accel Partners, however, the company did not disclose the amount it has raised but according to our sources the amount is around...
FUNDING

April 17th, 2018 Delhi based icanstay.com, an online luxury hotel booking platform for business travelers has raised a fresh round of funding of Rs 1.30 Cr from an angel investor Mr. Manoj Prasad, executive chairman at Singapore-based venture capital and management advisory firm MP Morgan Capital Partners Pte. Ltd. Earlier the online platform has...
FUNDING

April 17th, 2018 SHOPX, India’s fastest growing digital offline platform, fueling retailers in India, has received ₹12.99 Cr of fresh capital from existing investor, Nandan Mohan Nilekani. ShopX has so far raised a total of ₹122 Crore of which Mr Nilekani's contribution has been almost all of it. The former UDAI Chairman and Infosys...
FUNDING

April 16th, 2018 Bengaluru based logistics company Pando has raised $2 Million seed funding led by Nexus Venture Partners. Kashyap Deorah at Hypertrack, Girish Mathrubootham at Freshdesk, Nishant Rao at Sirion Labs (Ex-LinkedIn India MD), and P Balaji at Vodafone (Ex-Nokia, Sony Erickson India MD) also participated in this round. Digital enabled...
FUNDING

April 16th, 2018 Bengaluru based India's first electric bike Emflux Motors has secured ₹2 Cr in fresh capital from existing and new investors. The investors participated in this round were R Gopal Reddy, MD of Concorde Group, Narendra Sujan, Director of Sujan Group, Fabian Brian Crain, Co-founder of Chorus One and Epicenter, and existing investors...
FUNDING

April 14th, 2018 Reliance Jio, the telecom operator recently raised funding worth Rs 3250 crore as Samurai term loan from Japanese banks. A samurai loan is a low interest loan from Japanese investors and this deal with Reliance Jio represents the largest samurai loan an Asian company ever signed. A statement released from Reliance Jio read,...
FUNDING

April 14th, 2018 AffordPlan, the healthcare financial planning platform recently raised a funding round of Rs 55.8 crore in a Series B funding round from Lok Capital and Omidyar Network. This funding round also saw the participation of existing investors Prime Venture Partners and Kalaari Capital. The company which is owned and operated by Usekiwi...
FUNDING

April 13th, 2018 US based Digital marketing firm Punchh has raised USD 20 million funding in a Series B round led by Sapphire Ventures. Cervin Ventures also participated in this round bringing the total funding close to USD 31 million till date. Company's R&D and development center are based out of Jaipur, India. With the fresh funding round,...
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