Fintech infrastructure startup, Setu recently announced that it has raised $15 million as a part of its Series A funding round, led by Falcon Edge and Lightspeed Venture Partners US along with existing investors Lightspeed India Partners and Bharat Inclusion Seed Fund. — Mint IndusLaw advised Lights...

Following the two firms (plus five others) bagging what is quite likely to be the biggest Indian inbound M&A of the year with Facebook’s $5.7bn investment in Reliance Jio, near identical teams at the two firms have scored a second very similar (if slightly smaller) mandate in a follow-up round:...

SmartVizX, creator of India’s first Virtual Reality-based product Trezi, has received fresh funding from new and existing investors. — Yourstory Investors included Rockstud Capital, YourNest and IAN Fund. Khaitan & Co advised Rockstud Capital Investment Fund led by a team of partner Mayank Sing...

Classplus, a B2B edu-tech startup, on Monday said it has raised USD 9 million (over Rs 68 crore) in funding led by RTP Global. — Business Standard IndusLaw advised lead investor RTP Global Investments Limited led by partner Manish Gupta , with a transaction team including senior associate Ashish Ahl...

Bengaluru-based scooter sharing app VOGO has raised Rs 28.3 crore in the ongoing Series C funding round from existing investors Matrix Partners, Stellaris Venture Partners, and Kalaari Capital. — Yourstory Rajaram Legal advised Matrix Partners India , Kalaari Capital , Stellaris Venture Partners led...

Basix Sub-K iTransactions, a Hyderabad-based fintech company focused on financial inclusion, has raised Series C round of Rs 75 crore from Maj Invest, a Denmark-based asset management company. — Telanganatoday Khaitan & Co advised Danish Microfinance Partners K/S and Maj Invest Financial Inclus...

One97 Communications Ltd, the parent company of Paytm, plans to invest ₹5 crore in sports fan engagement platform, Rooter Sports Technologies, as part of its pre-Series A round, according to two people aware of the deal. — Mint Shardul Amarchand Mangaldas & Co advised One97 Communications Limit...

Greenhouse agritech platform Clover has raised $5.5 million from Omnivore, Accel, and Mayfield. Clover partners with farmers across India and markets premium quality, branded, greenhouse-grown fresh produce through B2B and B2C channels. It provides a full-stack agronomy solution to the greenhouse fa...

SZS Tech, which owns and operates vernacular social commerce and discovery platform Simsim, has raised over $8 million (about Rs 57 crore) in its Series-B round of funding, the latest equity financing mopped up by the startup in the past six months. The latest funding round has been led by Simsim’s ...

Inventus Capital Partners Fund II made a secondary sale of shares in Etechaces Marketing and Consulting Private Limited to Softbank fund SVF Python II (Cayman) Limited. Early-stage technology-focused fund Inventus Capital Partners recorded cash exits worth Rs 230 crore from three portfolio companies...

Education technology startup Camp K12 has raised $4 million in seed funding co-led by Matrix Partners and SAIF Partners. The company has built an online tutoring platform for students in kindergarten to 12th grade, which it has rolled out in India first. — The Economic Times Rajaram Legal advised Ma...

NEW DELHI: Pune-based fitness startup Fittr on Tuesday said it has raised $2 million (over Rs 15 crore) from Sequoia Capital India’s Surge programme. The company will deploy the pre-series A funds for hiring, technology and overseas expansion, Fittr Co-founder Jitendra Chouksey said. — The Economic ...

Education technology platform Vedantu has raised Rs 96 crore (about $12.5 million) as part of its Series-C1 round, led by Chinese venture capital firm Legend Capital, with participation from Omidyar’s Ohana Holdings. The investment follows a $42-million fund infusion led by Tiger Global Management i...

Modulor Capital … announced it had led a $ 200K seed round in Industrial IoT company Design X via its investment vehicle ThinkNext LLC. — Businessworld Sequitur Advocates & Legal Consultants , which was started in 2018 , advised Modulor Capital led by a team of partner Utpal Kant . 2020-03-16 D...

On-demand logistics marketplace Porter has raised Rs 140 crore from Lightstone Global Fund. — Yourstory Verist Law advised the company Porter , led by partner Shristi Ojha along with senior associate Suswagata Roy . Jerome Merchant + Partners advised Lightstone Fund SA led by a team of partner Samee...

Mumbai-based digital therapeutics startup Wellthy Therapeutics said it has raised $4 million (around ₹30 crore) from Saama Capital, as part of its Pre-Series A round, for a 16% stake in the company. — Mint Samvad Partners advised Saama Capital led by a team of partner Nivedita Nivargi , senior assoc...

Digital payments firm BharatPe, which services offline retailers and businesses, has raised $75 million (approximately Rs 538.89 crore at current exchange rates) in its Series C funding led by Coatue Management and Ribbit Capital. — VCCircle The round was led by Coatue Management and Ribbit Capital,...

NEW DELHI: Bijak, a B2B platform for agricultural commodities, … said it has raised $12 million (Rs 91 crore) from investors including RTP Global to enhance its technology team and roll out new features… Gurugram-based Bijak is a platform that gives agricultural commodity buyers and sellers better p...

Greytip Software Pvt. Ltd, which provides cloud-based human resources and payroll management software to small and medium businesses, has raised Rs 34.5 crore ($4.9 million) in its Series C round of funding from Info Edge (India) Ltd. — VCCircle IC Universal Legal advised Greytip Software Private Li...

SAM bagged the mandate for Facebook and AZB for Reliance on India’s largest ever foreign-direct investment in a tech company, which values Reliance’s Jio Platform subsidiary at Rs 4.62 lakh crore (or nearly $66bn), with Mark Zuckerberg’s US technology giant buying itself a 9.9% stake in Jio Platforms Limited.