BusinessNews

IDfy has raised Rs 86 crore or about $11.5 million in its Series D round

IDfy, an ID verification startup, has raised Rs 86 crore or about $11.5 million in its Series D round drove by TransUnion and Blume Ventures. According to the Mumbai-based startup, the assets will be utilized to fortify its item offerings and expand its business and operations. Established in 2011 by Ashok Hariharan, Vineet Jawa and Hatim Baheranwala, IDfy assembles innovation items and…
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BusinessNews

Edtech platform Questt has raised $6.75 million in Series A round

Edtech platform Questt has raised $6.75 million in Series A round drove by Celesta Capital and Premji Invest. Existing backers, for example, AET Fund, Titan Capital, First Check and MarsShot Ventures have also participated, with Chiratae Ventures increasing its shareholding. The new round comes only seven months after the Gurugram-based startup bagged $1.35 million in its seed round drove by…
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Google will cut its application store fees for all subscription-related apps to a limit of 15%

Google will cut its application store fees for all subscription-related apps to a limit of 15% from the very first moment rather than the current 30%, the organization reported on Thursday in the midst of rising regulatory examination of its and Apple’s application store rehearses. For digital books and on-demand music web-based features like Spotify, Google is slicing its bonus to “as low as…
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Cloud kitchen brand Rebel Foods gathered up $175 million in its Series F

Cloud kitchen brand Rebel Foods gathered up $175 million in its Series F round drove by Qatar Investment Authority and partook by existing investors. The speculation denoted the passage of the first full-stack food-tech organization into the pined for club of unicorns. In contrast to aggregators, full-stack platforms control all aspects of the food business: directly from cooking to conveyance.
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CRED is all set to mark its first acquisition with the startup HipBar

CRED is all set to mark its first acquisition with the impending acquisition of Chennai-based alcohol payment and conveyance startup HipBar. The acquisition will facilitate a permit to offer a semi-shut wallet to CRED’s users. Also called a prepaid payment instrument permit (PPI), the semi-shut wallet enables the holding firm to give cash vouchers, prepaid cards and more, other than the digital…
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BookingJini has raised $3.3 million in its pre-Series A round

BookingJini, a SaaS platform for inns, has raised $3.3 million in its pre-Series A round drove by Mumbai Angels Network. According to the Bhubaneswar-based startup, the assets will be utilized for item advancement and global expansion. Established in 2017 by Sibasish Mishra, BookingJini utilizes marketing automation and experience engine to assist hoteliers with maximizing their incomes from…
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Sourcewiz has raised $3 million in its seed round

Sourcewiz, a platform for exporters, has raised $3 million in its seed round co-drove by Blume Ventures and Alpha Wave Incubation (AWI). Ravi Bhargava, Rakshita Agrawal, and other marquee angels, for example, Dhruvil Sanghvi, and Ashish Tulsian have also joined the round. According to the Gurugram-based startup, the assets will be utilized in technical capabilities like payments, financing, and…
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CarDekho and Droom turned unicorns while Spinny is set to be valued more than $1.5 billion in a new round

The trade-in vehicle fragment has been really bustling this year. CarDekho and Droom turned unicorns while Spinny is set to be valued more than $1.5 billion in a new round. CarTrade appeared in the public market and SoftBank-backed Cars24 gathered up $450 million at around a $2 billion valuation. It’s the ideal opportunity for Cars24 to show its moves, as the firm contemplates its initial public…
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Yu has raised $1 million in its pre-Series A round

Packaged food brand Yu has raised $1 million in its pre-Series A round drove by Manish Choksi and Varun Vakil, part of the Asian Paints advertiser bunch. UK based hospitality bunch, Lalvani family; Nikhil Srivastava, head of India at PAG private value; and Vishal Sampat, organizer, Convonix, among others have also joined the round. According to Yu, the assets will be utilized to ramp up its…
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Tamasha has raised $3 million in its pre-Series A round drove by Chiratae Ventures

Tamasha, a social gaming app, has raised $3 million in its pre-Series A round drove by Chiratae Ventures. 9Unicorns, Good Capital, Founderbank Capital, FirstCheque, PointOne Capital, Ice.vc, Nitish Mittersain, Siddharth , Navkiran Singh, Harsh Shah and Ramakant Sharma have also participated. According to Tamasha, the new capital will be utilized to ramp up item advancement, expand game offerings…
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