Page 17 - Funding

Fintech major PhonePe receives Rs 150 crore capital infusion: Report

PhonePe Pvt Ltd, Singapore (formerly Flipkart Payments Pvt Ltd) was allotted 198,755 shares

Electric aircraft builder ePlane Company raises undisclosed seed funding

The IIT-incubated start-up is likely to give product demonstrations by 2021

Unacademy's valuation tops $2 bn with funding from Tiger Global, Dragoneer

The latest fundraise follows funding round in September when the company raised an investment of $150 million in a round led by SoftBank Vision Fund 2 at a $1.45 billion valuation

Newest unicorn in town: Cars24 raises $200 mn in Series-E funding

The company was valued at over $1 bn in the funding round led by DST Global

IRB Infra InvIT completes second fund raising round by securing Rs 510 cr

IRB will continue to hold 51% and GIC affiliates will continue to hold a 49% stake in the IRB Infrastructure Trust

Bengaluru-based FreshToHome raises $121 million in series C funding

Bengaluru-based brand in fresh fish and meat e-commerce, FreshToHome, announced it has raised $121 million in Series C funding led by ICD,Investcorp, Ascent Capital, DFC, the Allana Group and others

Edelweiss alt investment arm raises $900 mn in largest funding this year

Investors include Ontario Teachers' Pension Plan Board, Florida's State Board of Administration, Swedish Pension Fund - AP4 and a European insurance investor

Miko gets Rs 23 cr funding from Stride Ventures, Chiratae Ventures, others

Stride Ventures on Monday said it has led an investment round of Rs 23 crore in Miko, an India-born robotics firm

ACKO raises $60 million from Munich Re and other existing investors

The digital insurance company had raised around $36 million last year from Binny Bansal and Ascent Capital

9Unicorns makes first close of Rs 100 cr for its new fund for start-ups

The fund intends to offer $100,000 for 5-7% equity per start-up

LEAD School raises Rs 210 cr for transforming schools in small towns

Series C funding round led by Westbridge Capital with participation from existing investor Elevar Equity

Weaker fintechs face crisis to mature as Covid-19 casts shadow over funding

Signs of stress among even relatively well established fintechs are starting to emerge, say analysts

Ed-Tech firm uFony raises funds from Chennai Angels for School Diary

School Diary is a user-friendly platform that caters to K12 schools, helping them engage students and conduct classes virtually without compromising on privacy

VC fund HealthQuad gets Rs 514 crore from investors for second fund

HealthQuad has positioned itself as an Indian healthcare transformation fund, says company

Co-living start-up Zolostays raises $56 mn in latest funding round

The start-up will deploy the new funds to invest in technology, locking in more inventory and strengthening AI-driven operating platforms

Online used car seller Vroom raises $467.5 million in upsized US IPO

Vroom priced its IPO at $22, above the initially marketed range of $18 to $20

HealthPlix raises $6 million through Series-B funding led by JSW Ventures

"Today, HealthPlix assists in more than 50,000 consultations on a daily basis across 12 medical specialties and in more than 180 cities across India, the statement said

Yolobus raises $3.3 mn in Series A funding; to focus on hygiene, safety

The investment brings Yolobus' total funding since launching its smart intercity bus services in India to $4.1 million

Bharti Airtel promoter raises Rs 8,433 cr by offloading 2.75% stake

According to BSE data, Societe Generale picked up 35.3 million shares at Rs 561.1 apiece

Oyo's revenue surges 4 times to $951 million in FY19, but loss widens too

The SoftBank-backed firm has been reported to have been in the process of laying off close to 2,000 employees as it shifts focus towards profitability