News

In the News


B2B Manufacturing Platform Zetwerk Raises $32 Million In Series B

Bangalore based Zetwerk, the online marketplace for business-to-business for custom manufacturing has picked up $32 million as part of its Series B financing. Read Full Article

Zetwerk nabs $32m funding from Lightspeed, Greenoaks Capital

Zetwerk a business-to-business marketplace for custom manufacturing, Wednesday said it has raised $32 million in a Series B financing round led by. Read Full Article

Freightwalla secures $4 million in Series A funding

Digital freight forwarding startup Freightwalla has raised $4 million in Series A funding from a clutch of global investors including Amplo, FJ Labs and Rogue One Capital. Existing investors Kae Capital and Tekton Ventures also participated in this round. Read Full Article

Loanzen secured funding from Zephyr Peacock India

Loanzen, which is a startup that offers financial solutions to the logistics industry, has now secured funding from the Zephyr Peacock India Growth Fund. Read Full Article

Loantap has raised $12 million in its series B round of funding

Pune based digital lending company Loantap has raised $12 million in its series B round of funding led by Avaana Capital. The current round also saw participation from existing investors India Quotient, Shunwei Capital, Kae Capital, and 3One4 Capital.Read Full Article

Online pharmacy 1mg closes $70M round led by Corisol Holdings, IFC

 Online pharmacy startup 1mg, has announced closure of a $70 million funding round led by Corisol Holdings, a European household workplace, alongwith the participation from the World Bank’s investment arm IFC, at a valuation of around $200 million. Read Full Article

Wysa secures Rs 15 Cr funding led by pi Ventures

Wysa, mental health wellness app powered by an Artificial Intelligence-based bot, has raised about Rs 15 crore led by pi Ventures, with participation from Kae Capital and other investors. Read Full Article

Sequoia India’s Surge unveils first batch of startups. They’ve collectively raised $36m

Surge, Sequoia India’s new startup accelerator, has revealed the 17 startups that form the first batch of its program. Surge has invested seed money of US$1.5 million each in these companies, who hail from India, Indonesia, Singapore, Vietnam, and Bangladesh. Read Full Article

Halaplay a gaming startup raised Rs. 40 Crore in Series A funding round

 Halaplay raised Rs. 40 Crore in series A funding round led by Delta Corp and Nazara Technologies.Delta Corp and Gaussian combinely acquire 19.55 % stack in. Halaplay has generated total revenue of Rs 2.98 crore for the fiscal year 2017-18. Read Full Article

Used car marketplace TrueBil raises ₹100 crore from Japan’s Joe Hirao

NEW DELHI : Online marketplace for used vehicles TrueBil has raised ₹100 crore in a Series-B funding round in a mix of debt and equity from Japanese investor Joe Hirao, the company said in a statement on Tuesday. Read Full Article

Kae Capital to raise ₹100 crore fund to back portfolio companies

Early stage investor Kae Capital is raising a ₹100 crore add-on fund to invest in portfolio companies of its first fund, founder and managing director Sasha Mirchandani said. Read Full Article

Gaming startup HalaPlay to raise Series A round, expand product offerings

Mumbai-based fantasy sports startup Halaplay Technologies Pvt Ltd is in line to secure $5 million (Rs 40 crore) in a Series A funding round, two people privy to the development told TechCircle. Existing investors Kae Capital and Nazara Technologies are slated to lead the round. Read Full Article

India’s Bright Lifecare to raise $10 mln in fresh funding round

Bright Lifecare Pvt. Ltd, an Indian online health store HealthKart operator, is raising close to 73 crore rupees ($10 million) in a fresh funding round from new and existing investors. Read Full Article

Hiver Raises 4 MN in Series A to Make 'Emails Collaborative for Businesses'

Hiver, a shared inbox management solution, today announced it has raised $4 million Series A round of funding from Kalaari Capital and Kae Capital. Read Full Article

Hiver raises $4 million from Kalaari Capital and Kae Capital

SaaS-focused startup Hiver has raised $4 million (Rs 30 crore) in a new round of funding led by venture capital firms Kalaari Capital and Kae Capital. Read Full Article

Used cars marketplace Truebil raises additional ₹15 crores in a round led by Inventus

 Mumbai-based online pre-owned cars marketplace Truebil has raised an additional funding of around ₹15 crores ($2 million) in a round led by existing investor Inventus Capital Partners, as reported by VCCircle. Read Full Article

Boutique Spirit Brands raises $1 million funding from Kae Capital

India’s consumer brand story is increasingly sought after by technology-focussed investors with specific interest riding in the alcohol beverage space. Read Full Article

Kae Capital invests ₹6.8 crores in liquor company Boutique Spirit Brands

Hard liquor company Boutique Spirit Brands (BSB) has raised ₹6.8 crores ($1 million) from venture capital firm Kae Capital. After the successful foray of Bira in the Indian alcohol beverage market, more investors are looking to explore the Indian beverage market. Read Full Article

Moneyball: Kae Capital’s Navin Honagudi Wants To See More Companies That’re Ahead Of The Curve

Navin Honagudi, the managing director of Kae Capital, is aiming at the next 500 Mn Internet users who are set to emerge from India as it is in line with the venture capitalist’s philosophy of backing strong entrepreneurs who can cater to the needs of consumers in large markets. Read Full Article

LoanTap raises Rs 43 crore, equity funding round led by Shunwei Capital

BENGALURU: Digital lending company LoanTap has raised $6.25 million (Rs 42.83 crore) in an equity funding round led by Beijing-based venture capital firm Shunwei Capital. Read Full Article

e-learning co Disprz raises $2.6m in series A

Chennai: City-based knowledge tech company Disprz (formerly Learntron) has raised $2.6 million in a series A round. The round was led by IL&FS Private Equity along with existing investor Kae Capital. Read Full Article

O2O e-com company Fynd ends Cash on Delivery, goes digital-only payments

Offline-to-online (O2O) commerce fashion e-commerce portal Fynd has put an end to its cash on delivery (CoD) payment option for all the new orders placed on its app and website.The company said that in September 2017, out of the total orders received, Fynd faced 60% leakages due to problems like cancellations, frauds and RTOs etc apparently because of cash on delivery transactions. Read Full Article

Digital lending platform Loanzen gets funding from Kae

MUMBAI: Bengaluru-based digital lending platform Loanzen has raised an undisclosed round of funding from Kae Capital. The company is planning to use the fresh funds to expand operations and lend from its own books since it has been recently awarded the NBFC licence by RBI. Read Full Article

O2O-focused fashion marketplace Fynd raises fresh capital in round led by Google

NEW DELHI: Shopsense Retail Technologies, which owns and operates online-to-offline fashion portal Fynd, has closed its Series C round of funding, which has been led by search giant Google, the Mumbi-based company announced on Thursday. Read Full Article

Google leads Series C funding in onmi-channel fashion platform Fynd

Mumbai-based Fynd, an omnichannel lifestyle fashion e-commerce platform that sources its inventory directly from brand stores, has said it has closed its Series C round of funding. Read Full Article

Fynd raises funds from Google

Online fashion startup Fynd has raised an undisclosed amount in a Series C funding round led by search giant Google, the company said in a statement on Thursday. Kae Capital, IIFL, Singularity Ventures, GrowX, Tracxn Labs, Venture Catalyst, Axis Capital and the Patni family office also participated in the round. Read Full Article

Fynd secures funding round led by Google

Omni-channel platform Fynd on Thursday announced closing its Series C round of funding lead by investor Google, followed by an active participation from Kae Capital, IIFL, Singularity Ventures, GrowX, Tracxn Labs, Venture Catalyst, Patni family office and Hong Kong based Axis Capital among other angel investors in the round. Read Full Article

Google backs O2O fashion commerce platform Fynd

 Search giant Google is leading a Series C funding round into online-to-offline fashion e-commerce platform Fynd. Read Full Article

Online fashion firm Fynd secures funding round led by Google

 The funding round also saw participation from Kae Capital, IIFL, Singularity Ventures, GrowX, Tracxn Labs, Venture Catalyst, Patni family office and Hong Kong-based Axis Capital among other angel investors, according to an official release. Read Full Article

Google leads Series C funding round in fashion portal Fynd

 Mumbai-based online fashion marketplace Fynd, run by Shopsense Technologies Pvt. Ltd, has closed its Series C round of funding led by tech giant Google, a company statement said. Read Full Article

Kae Capital picks up 25% stake in Hippo Video

Online video software service provider Hippo Video has raised a pre-Series-A round of funding from early-stage investor Kae Capital. Read Full Article

Funding: Kae Capital, Nazara Games invest in fantasy sports platform HalaPlay, Technology News, ETtech

Kae Capital and Nazara Games have invested an undisclosed amount in HalaPlay, a daily fantasy sports platform. Read Full Article

Kae Capital: Sasha Mirchandani's Kae Capital raises $53 million for second fund, Technology News, ETtech

Early-stage venture capital firm Kae Capital has closed its second fund with a corpus of $53 million, exceeding the initial target of $40 million as it got the backing of some of the country’s top entrepreneurs and global Fortune 500 companies as well. Read Full Article

Touchkin raises $1.3 million from Kae Capital & angels, for its mental health chatbot

 Bengaluru: AI-based predictive healthcare platform Touchkin has raised $1.3 million in seed funding from early stage investment firm Kae Capital and angel investors for its mental health chatbot Wysa. Read Full Article

1mg raises $15 million in funding round led by HBM Healthcare - livemint

 New Delhi: Online pharmacy and healthcare services start-up 1mg Technologies Pvt. Ltd has raised $15 million in a funding round led by global healthcare-focused fund HBM Healthcare Investments AG, to launch predictive healthcare and corporate wellness products. Read Full Article

Fintech startup Trupay raises $700K from Kae Capital, others – VCCircle

 Gurgaon-based Protinus Infotech Pvt. Ltd, which operates payment platform Trupay, has raised Rs 4.5 crore (around $700,000) from a clutch of investors including Kae Capital. Read Full Article

Kae Capital invests in online gaming startup Hypernova Interactive

Hypernova Interactive, a Bangalore-based online gaming startup, has raised its seed funding round of undisclosed amount. The investment comes from Kae Capital, marking the first investment from the VC firm in the gaming startup. Read Full Article

Fashion ecommerce portal Fynd closes Series A with $3.4 million

Mumbai-based fashion ecommerce startup Fynd on Wednesday announced that it has closed its Series A round with $3.4 million (Rs 21 crore). Read Full Article

Kae Capital plans to invest in up to eight start-ups in 2017

Mumbai: Early-stage investor Kae Capital aims to invest in up to 25 companies during the entire lifecycle of its second $30 million fund, raised in February last year, and will fund between six and eight companies in the current year, said founder and managing director Sasha Mirchandani. Read Full Article

Kae Capital plans to invest in up to eight Indian startups in 2017

Early-stage investor Kae Capital aims to invest in up to 25 companies during the entire lifecycle of its second $30 million fund, raised in February last year, and will fund between six and eight companies in the current year, said founder and managing director Sasha Mirchandani. Read Full Article

PopiCorn Time as Timla gets seed from Kae Cap

 HYDERABAD: Hyderabad-based Timla Foods, makers of ready-to-eat popcorn sold under the brand “PopiCorn,” has raised undisclosed amount of seed fund from Mumbai-based early-stage investment fund Kae Capital.The money will be used to enhance production capacity and expand to other cities. Read Full Article

Logistics marketplace Porter secures Series B investment

Porter (formerly The Porter), an online logistics marketplace run by Mumbai-based Resfeber Labs Pvt Ltd, has raised Series B funding from new as well as existing investors, said two people close to. Read Full Article

Real estate start up Azuro gets funding from Kae Capital, White Unicorn Ventures

KOLKATA: Early-stage investment firm White Unicorn Ventures, Kae Capital and Mumbai Angels have invested an undisclosed amount in real estate management start-up Azuro. Read Full Article

Boomtrain buys India-based personalised communication platform for businesses Nudgespot

Nudgespot, a messaging platform that was built to help businesses communicate with their customers personally, has been acquired by Boomtrain, a US-based marketing platform that uses artificial intelligence (AI) to drive relevant interactions with users at every touchpoint. Read Full Article

Healthkart raises Rs80 cr from Sequoia, Kae Capital, others

 New Delhi: Online health products vendor Healthkart, owned by Bright Lifecare Pvt. Ltd, has raised Rs.80 crore in a Series E round of funding from existing investors Sequoia Capital India and Kae Capital among others, documents with the Registrar of Companies showed. Read Full Article

SIDBI Selects Eight More Funds Under Startup India Action Plan

The Small Industries Development Bank of India (SIDBI) will invest about $64 Mn (INR 428 Cr) in eight venture funds, as defined under the Startup India Action Plan. Read Full Article

Kae Capital, others invest in app for buying and selling second-hand goods ListUP

Mumbai-based Gijutsu Solutions Pvt. Ltd, which operates peer-to-peer (P2P) app for buying and selling second-hand goods ListUP, has raised $500,000 (Rs 3.3 crore) in funding led by Kae Capital, it said in a statement. Read Full Article

Entrepreneurship & Venture Capital announces $50 million India-focus fund

New Delhi: US-based early stage investor Entrepreneurship & Venture Capital (EVC) on Monday announced a $50 million fund focused on the Indian market. Read Full Article

Truebil raises Rs 35 crore Series-A funding from Kalaari Capital, Inventus Capital and Tekton Ventures - The Economic Times

BENGALURU: Truebil, an online market for buying and selling second hand cars, has raised a Rs 35 crore series A funding from venture capital investors Kalaari Capital, Inventus Capital and San Francisco-based Tekton Ventures. The rounds also participation from existing investor, Kae Capital. Read Full Article

Shopsense Secures Pre-Series A Funding From Kae Capital And Snapdeal Founders

Founded in 2012, Shopsense has raised a pre-Series A funding from Kae Capital, Kunal Bahl, Rohit Bansal and others. Read Full Article

Food Tech Startups Leaping Caravan and Frsh Raise Funding Language learning startup CultureAlley raises $6.5M from Tiger Global, others – VCCircle

Jaipur-based Intap Labs Pvt. Ltd., which runs cloud-based online language learning platform CultureAlley, has raised $6.5 million in Series A funding from venture capital firm Tiger Global Management and other investors. Read Full Article

Daily Rounds raises $500k seed funding from Kae Capital, Teruhide Sato and GSF

Daily Rounds, the Bengaluru-based startup that is building an academic network of doctors through its mobile app, has raised a seed round of $500,000 from Kae Capital, Teruhide Sato and GSF Read more at: https://yourstory.com/2015/03/daily-rounds-seed-funding/Read Full Article

SysCloud Raises $2.5M To Help Businesses Keep Their Google Apps Accounts Safe

 
SysCloud, a service that offers a comprehensive suite of services aimed to keep companies’ Google Apps accounts safe and backed up, today announced that it has raised a $2.5 million Series A round led by new investor Inventus Capital Partners and previous investor KAE Capital.Read Full Article

E-Payments processing startup FortunePay raises under $1M from Kae Capital, Mumbai Angels, Growx – VCCircle

Bangalore-headquartered e-payment processing solutions startup Fortune Payment Solutions India Pvt Ltd, which operates under the brand FortunePay, has secured under $1 million in angel round of funding, led by existing investor Kae Capital, with participation from Mumbai Angels and Delhi-based Growx Venture Management, its co-founder and CEO Manju S Murthy told VCCircle/Techcircle.in. Read Full Article

Mumbai-based Shopsense raises seed funding from Kae Capital, others

 Mumbai-based technology company Shopsense has raised an undisclosed amount in seed funding led by Kae Capital. Read Full Article

Taking On Cash On Delivery For E-com Vendors: Gharpay | Techcircle

For a company that started on a motorbike (mind you not a garage) being tethered to ground realities of doing business in India would come naturally. Read Full Article

Healthkart raises Rs 80 cr from Sequoia, Kae Capital, others

Firm will use funds to enhance marketing initiatives and offline expansion, says founder Sameer Maheshwari. Read Full Article

Marketing platform Boomtrain acquires Nudgespot, will create Boomtrain Messenger

Marketing platform Boomtrain announced today that it has acquired chat client Nudgespot. It also revealed that the merged company will create a communication platform. Read Full Article

Daily Rounds app raises funding from Accel India and others

Daily Rounds, a mobile app which compiles case studies and quizzes for doctors, has raised an undisclosed new round of funding from Accel India and Asuka Holding, besides existing backers Beenos and Powerhouse Ventures. Read Full Article

1mg raises Rs 100 cr from Maverick Capital Ventures, Sequoia

1mg, a health tech start-up, announced that it had raised Rs 100 crore from Maverick Capital, Sequoia India and the Omidiyar Network. Read Full Article

Fractal Analytics raises $100 mn from Malaysia's Khazanah

Malaysian sovereign wealth fund Khazanah Nasional Berhad will invest up to $100 million (Rs 667 crore) in Fractal Analytics, the India- and US-based data analytics provider said. Read Full Article

Freshdesk buys Airwoot to handle complaints on Twitter, Facebook with AI

Freshdesk today announced its next acquisition of Airwoot, one that gets it clients like Snapdeal, MakeMyTrip, and Jet Airways. Read Full Article

Online marketplace for used cars Truebil raises $5m from Kalaari, Inventus

Truebil, an online marketplace to buy and sell second-hand cars, has raised nearly $5 million in a Series-A round of funding from venture capital firms Kalaari Capital, Inventus Capital and San Francisco-based Tekton Ventures. The funding round also saw participation from its existing investor Kae Capital. Read Full Article