Mystifly raised $8 Mn pre-Series B round
Mystifly, a platform for air shopping and payments, has raised $8 million in a pre-Series B fundraising round that was overseen by Corner Venture Partners and included contributions from …
Mystifly, a platform for air shopping and payments, has raised $8 million in a pre-Series B fundraising round that was overseen by Corner Venture Partners and included contributions from …
A $2.3 million seed round of funding was provided by JITO Angel Network, Anicut Capital, Speciale Invest, and Rocketship for the deeptech business Uravu Labs. Participating in the round a…
On Thursday, March 16, hospitality giant OYO introduced an accelerator initiative that intends to expand its portfolio by more than 200 hotels across key Indian cities. Cities like Bengal…
As its capital burn rose with the expansion of its business, Khatabook, a fintech startup, saw its net loss soar by nearly 3X to INR 111.1 Cr in the financial year 2021–2022 (FY22) from I…
The Ayurveda Co (T.A.C), a direct-to-consumer (D2C) ayurvedic beauty and personal care business, has raised INR 100 Cr in its Series A fundraising round, which was headed by consumer-focu…
Operating revenue for the self-publishing platform Pratilipi, situated in Bangalore, increased 41.5X to INR 7.88 Cr from INR 0.19 Cr in the fiscal year 2021–2022 (FY22). Pratilipi generat…
The consolidated net profit of BillDesk, a leading B2B fintech company with headquarters in Mumbai, decreased 39% to INR 149.6 Cr in FY22 from INR 245.5 Cr in FY21. From INR 2,124.2 Cr in…
Amit Bhasin, a cofounder of Sequoia-funded GoMechanic, made a public admission of financial misreporting almost two months ago, and the firm for after-sales services is said to have found…
B2B fintech firm Zaggle, which plans to go public, has secured INR 50 Cr from Vivriti Asset Management, a platform for alternative investment funds (VAM). The newly released accounts paym…
As part of PhonePe's ongoing investment round, Binny Bansal, the co-founder of e-commerce behemoth Flipkart, is reportedly in talks to contribute between $100 and $150 million. It wou…
Super Six Sports Gaming (SSSG), the parent business of fantasy sports startup Fantasy Akhada, has raised $11 Mn in a new investment round that was spearheaded by Florintree Advisors. Exis…
Three months after receiving $70 million in its Phase D fundraising round from the Japanese brewing business Kirin Holdings, the Indian startup Bira 91 has received $10 million from MUFG …
According to reports, a deal for the Abu Dhabi Investment Authority (ADIA) to buy a stake in the vision company Lenskart for close to $500 million is about to be finalized. Bloomberg cite…
GrayQuest, a fintech startup, has raised $7 million, or Rs 56 crore, in its Series A round. Weizmann Group, Telama Family Office, and Apurva Parekh were among the family investors who too…
AHK Ventures, an early-stage venture capital firm, led a pre-series A round of funding for Inker Robots that brought in $1.2 million. According to a news statement from Inker Robotics, th…
Probus Smart Things, a business in IoT communications and data analytics, has raised $3 million in a Series A fundraising round headed by Unicorn India Ventures (UIV) and a US family offi…
Houseware, a warehouse-based revenue generator for SaaS companies, has disclosed earning $2.1 million in a seed investment round headed by Tanglin Venture Partners after emerging from ste…
In the fiscal year 2021–2022, Porter, an intracity logistics firm sponsored by Sequoia, declared a standalone loss of INR 122 Cr (FY22). In FY21, the company disclosed a net loss of INR 1…
Existing investors Norwest Venture Partners, Elevation Capital, and International Finance Corporation (IFC), among others, took part in the investment round. The business will use the add…
Kadam Jeet Jain, a cofounder of the hospitality startup Treebo, has resigned from the firm's management team and will join the company as an advisor. He will continue to serve on the …