Startup funding
  SwitchOn raise $1 Million in funding from Pi ventures and others.

SwitchOn raise $1 Million in funding from Pi ventures and others.

17th, June 2019

Industrial IoT startup SwitchOn raised $1million in seed funding from pi Ventures, Axilor and members of The Chennai Angels.Founded by Aniruddha Banerjee and Avra Banerjee in 2017, SwitchOn helps manufacturing industries identify plant-level bottlenecks and improve equipment efficiency. The funds wi

21

Startup funding
Facebook invested in Bangalore based Startup Meesho

Facebook invested in Bangalore based Startup Meesho

13th, June 2019

Meesho, social commerce platform that helps resellers and emerging brands build businesses using social media, has bagged funding of undisclosed amount from social network giant Facebook.This is Facebook's first investment in an India-based startup, and is a strong demonstration of the company's com

75

Startup funding
Lead Angels, Y-Combinator, Data Collective & Venture Souq invest in HelloVerify

Lead Angels, Y-Combinator, Data Collective & Venture Souq invest in HelloVerify

12th, March 2019

HelloVerify India, today announced that it has raised an undisclosed amount of funding from Lead Angels network along with leading Silicon Valley investors like Y-Combinator, Data Collective & Venture Souq. Hello Verify is an API background screening platform which grew 100% y-o-y in the la

187

Startup funding
ShopKirana raises $2Mn from Info Edge and other prominent Investors

ShopKirana raises $2Mn from Info Edge and other prominent Investors

07th, December 2018

Indore based B2B Ecommerce Startup ShopKirana has raised $2Mn from Info Edge, along with Japan’s AET Fund, Akatsuki and Incubate Fund and Better Capital AngelList syndicate.Post this investment, Info Edge has now acquired 15.5 percent stake in Shopkirana, on a fully converted & diluted basis.T

297

Startup funding
Coverfox raises $22 Mn funding from Transamerica, others.

Coverfox raises $22 Mn funding from Transamerica, others.

19th, April 2018

Coverfox, insurance platform owned by Glitterbug Technologies Pvt. Ltd, has raised $22 Mn Series C Funding. The Fuding round was laid by International Finance Corp. (IFC), the investment arm of the World Bank Group, and existing investor Transamerica. Other investors including SAIF partners, Accel a

263

Startup funding
Chai Point raises $20 Mn  from Paragon Partners and others.

Chai Point raises $20 Mn from Paragon Partners and others.

19th, April 2018

Chai Point raised $20Mn in Series C funding from Paragon Partner, existing investors include Saama Capital, DSG and Eight Roads, the private equity arm of Fidelity India also participated in the round.According the press note from company,some of the investors invested super pro rata. This essential

336

Startup funding
Sec 50CA to change the Angel investors perspectives on Startup funding.

Sec 50CA to change the Angel investors perspectives on Startup funding.

14th, April 2018

With the recent development on Angel Tax, it is barred up to $1.5 Mn (INR10 Cr) funding giving some relief to startups as well as angel investors, Section 50CA of Finance Act 2017 is the new cauchemar for angel investors.Effective from April 1, 2018, as per Section 50CA applicable for FY18 ITR

359

Startup funding
Patym Mall raises Rs 3000 crores from SoftBank and other investors

Patym Mall raises Rs 3000 crores from SoftBank and other investors

03rd, April 2018

Online marketplace Paytm Mall has raised close to Rs 3,000 crore in a financing round led by Japan’s SoftBank along with participation from Chinese online commerce giant Alibaba, according to documents filed with the Ministry of Corporate Affairs (MCA). As per calculations, this deal values Paytm

274

Startup funding
Employee Engagement and Benefits start-up Benepik raises seed funding

Employee Engagement and Benefits start-up Benepik raises seed funding

30th, March 2018

Gurgaon based HR Technology start-up Benepik that provides mobile based solution for Employee Communication, Engagement, Rewards and Recognition, has raised an undisclosed amount in seed funding. Benepik has raised the seed funding from a group of investors including Vishal Bali. Vishal is a se

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