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Weekly Startup Tracker: Bengaluru ventures get most cheques as deals buzz gets louder

Saturday, October 22, 2016 | More »

Startup tracker
The week saw startup deal activity pick up with as many as 19 companies being funded, up from just seven during the previous week. Bangaluru-based startups stole the show by bagging the most number of first cheques. Mumbai-based bike tour operator Enfield Riders Pvt. Ltd, which conducts motorcycle t...


Weekly Startup Tracker: YuppTV, Postman, FabAlley lead the pack in raising funding

The week witnessed a slump in the startup deal activity with only seven firms raising capital, down from as many as 20 that had received first cheques during the previous week. Online TV streaming service provider YuppTV raised $50 million in venture capital from private-equity behemoth KKR’s inve...

15 October, 2016 | More »


Why Freecharge badly needs a recharge

The news report last week that Japanese telecom and internet conglomerate Softbank Group Corp is in talks to invest in FreeCharge was the third in as many months speaking of fund-raise efforts by ecommerce company Snapdeal for its digital payments arm. Around a month ago, two people in the know of d...

13 October, 2016 | More »


Exclusive: Data analytics startup Realbox raises funds from Hyderabad Angels

Realbox Data Analytics Pvt. Ltd. has raised $300,000 (Rs 2 crore) in its pre-Series A round of investment from Hyderabad Angels. Alok Mittal, ex-MD, Canaan Partners, Dharamveer Singh Chouhan, Zostel CEO, Shubranshu Pani, director at JLL and vCommission also participated in this round, co-founder Sau...

6 October, 2016 | More »


Telemedicine firm Neurosynaptic raises Series A funding

Bengaluru-based health-tech firm Neurosynaptic Communications Pvt. Ltd has raised an undisclosed amount in its Series A round of funding from healthcare-focused investment firm Healthquad, Indian Angel Network, and Infosys co-founders backed Axilor Ventures. Last month, VCCircle had first reported t...

5 October, 2016 | More »


Food-tech startup InnerChef raises $2.5 mn led by Mistletoe Japan

Gurgaon-based food-tech startup InnerChef Pvt. Ltd has raised $2.5 million (Rs 16.77 crores) in an investment round of funding led by Mistletoe Japan. The existing investors also participated in the funding round along with M&S Fund Singapore. Started in 2015 by Rajesh Sawhney, Sanjeev Singhal a...

4 October, 2016 | More »


Accel Partners, Jungle Ventures invest $4 mn in B2B marketplace Moglix

Moglix, run by MOGLILABS Pvt. Ltd, a B2B e-commerce company specialising in procurement of industrial products, has raised Rs 28 crore ($4.2 million) in Series A round of funding led by Accel Partners, along with Jungle Ventures and SeedPlus. Jungle Ventures’ co-founder and managing partner Anurag...

4 October, 2016 | More »


Air-ticket aggregator Mystifly raises Series A funds

Bangalore-based travel technology firm Mystifly has raised an undisclosed amount in a Series A funding round led by RSI I Fund LLC, operated by Japanese firm Recruit Holdings Co. Ltd. The Japanese investor will have a minority stake in the company, it said in a statement. Mystifly operates MyFareBo...

3 October, 2016 | More »


Instacar raises $1 mn of seed funding from Swastika

Indore-based online outstation taxi marketplace InstaCar has received $1 million (Rs 6.65 crore) in seed round of funding from Hong kong-based Swastika Company Pvt Ltd, Ishan Vyas, co-founder of InstaCar told TechCircle. The two-months-old company aims to use the funds for scaling up operations, ma...

28 September, 2016 | More »


Exclusive: Angel investor Dheeraj Jain eyes AI, IoT startups with new VC fund

Dheeraj Jain, managing partner at London-based investment firm Redcliffe Capital, is set to launch a $50 million early-stage fund to invest in technology startups in India and overseas. Christened ‘Redcliffe Capital Early Stage Fund 1’, it will focus on Series A investments in areas such as art...

22 September, 2016 | More »

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