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FUNDING

June 19th, 2018 A data science company called Elucidata Corporation announced that it raised a seed funding amounting to $1.7 million carried out by Hyperplane Venture Capital. Along with Hyperplane Venture, other angel investors were a part of the seed funding round as well. The backed company has already started working well and has gained...
FUNDING

June 18th, 2018 Unacademy, the popular online learning technology platform is gearing up towards raising a series-C funding round of $25-30 million led by Sequoia Capital along with another clutch of investors. The investment round will bring company's valuation close to around $100 million. Pixr8 had earlier reported Unacademy raising an INR 75...
FUNDING

June 18th, 2018 The biggest multinational tech company Google announced on Monday that it will invest an amount of $500 million in Chinese second largest e-commerce platform called JD.com. Both the companies have mentioned this funding as an association that will help in the promotion of JD.com products on Google’s shopping service. In return for...
FUNDING

June 18th, 2018 Cashify, a Gurugram based online marketplace for used smartphones has partnered with Chinese recommerce firm AiHuiShou as a strategic investor and partner in order to reinforce its international expansion. Though the actual financial details of the deal have not been disclosed by the company, sources have cited that the collaboration...
FUNDING

June 16th, 2018 Mumbai based Everyday Gourmet Kitchen Foods startup raises USD 300k Seed funding from an individual Pradyumna Kokil. The company EGK focusses primarily on onions and its by-products, along with onion processing. Currently, EGK sells 30 metric tonnes of their finished product monthly which translates to about 150 Metric Tonnes of...
FUNDING

June 16th, 2018 The mid-market investment company called SeaLink Capital Partners has invested Rs 200 crore in a women and children healthcare firm known as Surya Children’s Medicare Pvt. Ltd. The transaction included an investment of growth capital into Surya and a purchase of the stake held by the company’s first external healthcare investor...
FUNDING

June 16th, 2018 The cybersecurity service provider, Network Intelligence has raise funds amounting to Rs 33 crore from a non-public fairness agency known as Helix Investments. After the completion of this funding round, the company valuation has crossed Rs 155 crore. The company has plans to utilize these funds for product development and expanding...
FUNDING

June 15th, 2018 Japanese holding company, Softbank Group Corporation is determined to invest funds amounting to $60 billion to $100 billion in a solar power project in India. According to the reports, the funds being invested in the project are supposedly raised by the Softbank from the Saudi Arabia’s government. Saudi Arabia is the biggest...
FUNDING

June 14th, 2018 Nivesh.com, a mutual fund marketplace has raised a seed funding of Rs. 3 crore through LetsVenture along with Google India MD Rajan Ananadan, former Infosys Head Sales Basab Pradhan and others. The startup has customers across 200 cities and partners over 15 cities and is backed by a clutch of prominent investors that include Debasish...
FUNDING

June 14th, 2018 A subscription-based delivery platform Daily Ninja that delivers everyday essentials to its customers has reportedly raised funds from Bengaluru-based Saama Capital and its existing investor Sequoia Capital worth $3 million. Daily Ninja is a unique hyperlocal platform which is based on prepaid subscriptions. The service delivers...
FUNDING

June 13th, 2018 Delhi based Online Business Media Platform Pixr8 News has raised 2.5 Million Seed Funding From an Angel Investor. The digital media house plans to use the newly raised funds in expanding its customer base, acquiring readership and hiring new talent that could boost its market reach and business operations. Currently, with offices in...
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