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funding
Freecharge Raises $33M From Sequoia, Sofina & ru-Net
India’s leading mobile recharge platform Freecharge has raised USD 33 million (about INR 200 cr) from their existing investors Sequoia Capital along with new investors that include Belgium based Sofina and Russian investment firm ru-Net.…
Home Grown Mobile Messenger Hike Raises $65M Led By Tiger Global
Hike, India’s home grown free cross platform instant mobile messaging app has raised USD 65 million (around Rs. 400 Cr) from foreign investors according to ET report. The round was led by New-York based Tiger Global and have acquired…
Pune Based Druva Raises $25M Series-D Funding
Pune based Druva, a security and cloud backup solutions has announced $25 million series-D funding from their existing investors Sequoia Capital and Nexus Venture Partners and Tenaya Capital. These same set of 3 investors had participated…
Funding Round-up: Capillary Raises $14M, Urban Ladder Raises $20M & Reviews42 Raises $5M
Capillary Raises $14M Led By Sequoia Capital, Norwest VP & Others
Capillary Technologies, a cloud-based retail customer engagement management platform has raised a $14 million Series B round of venture financing. The funding was led…
Olacabs Raises Rs. 250 Cr Funding @ 1000 Cr Valuation
Indian car aggregator and mobile booking app company, Olacabs has raised Rs. 250 crore in fresh round of funding led by Steadview Capital and Sequoia Capital according to a ToI report. Their existing investors Matrix Partners India and…
Indian Tech Ventures Attract $1.3B Funding In 12 Months, Ecommerce Rules!
Technology investors and venture capitalists are betting big time on India: $1.3 billion or Rs 7800 crore worth of investments have already been done in the last 12 months, with 82% of all investments going to startups and early stage…
Helpshift Raises USD10M Series A Funding Led By Intel Capital
Helpshift, San Francisco and Pune based Mobile CRM solutions company, has today announced that it has raised Series A funding round of $10 million. The funding round was led by Intel Capital with participation from Visionnaire Ventures and…
Housing.com Raises $19M Funding From Helion, Nexus & Qualcomm
Housing.com, the much talked about map-based online real estate portal started by 12 IITians has raised their third round of funding of Rs. 115 Crore (approx USD 19.1 million) from Helion Venture Partners, Nexus Venture Partners and…
BookMyShow Raises Rs. 150 Cr From SAIF At 1000 Cr Valuation
India’s largest online movie ticketing and event booking site, BookMyShow.com has raised Rs. 150 crore from SAIF partners which values the company at Rs. 1000 Crore (approx USD 167 million) reports Times of India. Their existing investors…
Freshdesk Raises $31M Series D Funding From Google, Tiger & Accel
Freshdesk just became the first (and only) Indian company to get backed by Google Capital. In a new round of funding led by existing investors such as Tiger Global and Accel Partners, Freshdesk's global expansion plans have received a major…
Teen Patti Mobile Game Creators Receive Rs 90 Crore Funding From Sequoia
Sequoia Capital has invested $15 million or about Rs 90 crore into an Indian mobile gaming company: Octro, developers of mobile games like Teen Patti, Tambola and several other popular Indian games.
Market watchers are estimating that to…
India Inspired Design Startup Chumbak Raises Funding From Matrix Partners
Chumbak Designs, a startup that sells products that epitomizes colorful Indian designs has raised funding led by Matrix Partners with their existing investor Seedfund participating in this round as well. The terms & financials of the…
Funding Digest: RapidValue, iYogi, LetsVenture & GetActive Secure Funding
Helion invests INR 25 Cr in enterprise mobility company, RapidValue
RapidValue, a leading provider of end-to-end mobility solutions to enterprises, has raised Series A funding of Rs. 25 crore from India focused Venture fund Helion…
CRMnext Gets $7M Strategic Investment From Norwest
CRMnext, one of the leading global CRM (Customer relationship Management) product company have today announced a strategic investment of USD 7 million (INR 42 crore) from Norwest Venture Partners (NVP).
The newly raised funds will be…
Ed-Tech Startup Foradian Raises $2M Funding
Bangalore based Foradian Technologies today announced that they have raised USD 2 million funding from Mr. William Bissell, MD, Fabindia. Foradian offers enterprise software solutions to the education Industry.
The funds raised will be…
Chennai Based Avaz Secures $550K Funding, Wishes To Deal With Autism
Amadeus Mozart, Courtney Love, Andy Warhol were among the luminaries who had autism, a developmental disorder known to appear during the first 3 years which affects the brain’s normal development and communication skills.
According to a…
Funding Digest: Elasticbox, Hike Messenger, Appiterate
Elasticbox Raises $9 Million Funding led by Nexus Venture Partners
Elasticbox, the company that enables developers and enterprises to create, deploy and manage applications quickly and easily on the cloud, has raised USD 9 million in…
AMEX Acquires Minority Stake In Ezetap
Bangalore based Indian Mobile payment solutions company Ezetap has secured undisclosed amount from credit card giant American Express according to an ET report. This comes close to heels of Ezetap raising USD 8 million funding from Helion…
Quikr Raises $90M Funding At $250M Valuation
Online and mobile classified platform Quikr.com has raised a huge USD 90 million (roughly Rs. 550 crore) round of funding from a clutch of investors. This deal, which was signed last week brings Quikr valuation to over USD 250 million…
Confirmed! Snapdeal Raises $133.77 Million Round 4 Funding From eBay & Others
Last year, we had reported that Snapdeal may get fresh round of funding from eBay. The news has been confirmed now as eBay led investors have infused fresh capital of $133.77 million into Snapdeal in a fresh round of funding into this…