We have again come up with the top five funding activities that took place this week. Funding is one of the most important steps in the growth of a business. Therefore, every week, we throw light on the important funding activities. This week was very active in terms of funding process and the company that […]
Bengaluru and San Jose-based SaaS-focused startup Hiver has raised an amount of $4 million (Rs 30 crore) in a new round of funding. This particular funding round was led by venture capital firms Kalaari Capital and Kae Capital. Prior to this, the company raised $130,000 in seed funding from the Citrix Startup Accelerator and Paytm founder Vijay Shekhar Sharma in 2012. The company […]
B2B firm ShopX has reportedly raised an amount of $35 million in a fresh funding round from Fung Strategic Holdings. The primary purpose of this funding is to fuel the company’s expansion plans. The funds so raised are being planned to use in the strengthening of ShopX’s products and engineering teams. Along with this, the […]
Funding is a vital part of every enterprise. Especially, in the case of startups, funding plays a great role in the growth and expansion processes. This week witness various rounds of funding from various companies that raised funds from different investors. Investment from the right investor can do wonders to a company and change its […]
HealthPlix, an online healthcare startup based in Bengaluru has secured funds amounting to $3 million in a Series A funding round. This round was led by IDG Ventures and Kalaari Capital. Post the round, the company will utilize the funds in strengthening its technology and grow its medical specialties. The company aims to bring a […]
Health and fitness startup Cure.fit today said it has raised USD 120 million funding (Rs 824 crore) in new round of funding led by IDG Ventures, Accel Partners and Kalaari Capital. The series C round funding also saw participation from Chiratae Ventures and Oaktree Capital, Cure.fit said in a statement. “The fresh investment will enable […]
POPxo, the popular digital community for women which is based in New Delhi has geared up to introduce its e-commerce platform to sell private label merchandise, said the company’s top executive. To attract the millennial population, the content platform is entering into selling products ranging from mugs and laptop bags to pouches and tote bags. POPxo is an emerging […]
This week witness a lot of funding rounds, 14 to be precise for a total amount of around $130 Million. HDM Global was the company which received most funding with $100 Mn, while Bonphul Air Product and Rocketium raised the least funds with $300K funding. Below is a recap of all the funding news that […]
Bengaluru-based fitness startup CureFit recently raised $878.2K from Bollywood star and brand ambassador Hrithik Roshan. MCA filings reveal that the prominent actor invested directly in Cure.Fit as well as through his entity, Extreme Brands. In August 2017, CureFit secured the ‘Krrish’ star as its brand ambassador, signing a five-year contract for a total of $14.63 […]
Milkbasket, the grocery and milk delivery startup, recently raised $7 million in a series-A funding round led by Kalaari Capital. This funding round also saw the participation of existing investors Unilever Ventures and Blume Ventures and the arrival of new investor Beenext Ventures. The milk and grocery delivery space has seen several investments in recent […]
Walmart. Inc has officially acquired Flipkart for $16 billion in a deal that soared the valuation of Indian e-commerce platform to over $20 billion, making it the biggest e-commerce acquisition ever globally. The brick-and-mortar company acquired 77% of the Indian e-tail business. The news was also confirmed by previous Flipkart investor, Softbank CEO, Masayoshi Son […]
Reliance Industries recently purchased a majority stake of 72.69% in Indiavidual Learning Pvt Ltd’s online education platform Embibe. Mukesh Ambani’s company is set to pour $180 million over the next three years in the company, according to stock market filings. The deal will also see Lightbox and Kalaari Capital leave the online learning platform’s board […]