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Indian Startups

Mobile Gaming Company Playsimple Raises $4M From SAIF Partners & IDG Ventures

Mobile social gaming company, Playsimple has raised $4 million in Series A funding from SAIF Partners and IDG Ventures, which it plans to infuse in expanding its team and developing…

Indian Startups

Fintech Startup Active.ai Raises $3M Funding From Kalaari Capital, IDG Ventures

Fintech startup Active.ai, which uses artificial intelligence to deliver virtual assistant banking services, has raised US$3 million from Kalaari Capital and IDG Ventures. The company plans to use the investment…

Indian Startups

Fashion Rental Startup Flyrobe Raises $5.3 Million Led By IDG Ventures

On-demand apparel rental platform Flyrobe has raised $5.3 Million in its second round of funding led by IDG Ventures, with the participation of Tokyo-based GREE Ventures and existing investor Sequoia…

Tech

IDG Ventures Raises $150 Million For Its India Fund

The firm is planning to invest the major share of the fund in maturing startups and lead the later stage rounds.

RentoMojo Raises Rs 13 Crore From IDG Ventures And Accel Partners

Founded in 2014, the startup provides online home appliances and also rental for furnitures. The company currently operates in Mumbai, Bengaluru, Delhi and Pune with a team size of 50. The platform has 2000 subscribers and plans to attain 6000 by next March and is growing close to 45% every month.

CityFlo Raises $750,000 From IDG Ventures

Founded in September 2015, Mumbai based startup, CityFlo is a bus aggregator and will use the raised funds to expand operations in Mumbai and expand to other cities. The company will also analyse real time traffic and identify potential routes. It runs over 60 buses and is currently doing 2,200 rides per day.

Tripoto Raises Funding Led by 500 Startups, IDG Ventures

500 Startups, IDG Ventures & Advantedge fund participated in this round. Prominent angels – Neeraj Arora (VP, Watsapp) and Leon Seynave also participated in the round. Tripoto wants to further strengthen its leadership in technology, content and community and become one stop app for travelers.

IDG Ventures Will Soon Raise A Fund Of Rs 1,300 Crore

The investment firm plans to use the funds in increasing its footprint in the overseas market and reach out to both overseas and domestic investors. Ratan Tata had recently joined the firm’s advisory board, after which they approached 150 family offices and has received about 50% of the commitments.

Ratan Tata Joins IDG Ventures as Senior Advisor

After Kalaari Capital, Ratan Tata has joined IDG Ventures as a senior advisor advising portfolio companies. Ratan Tata has been extremely active angel investor and some of his portfolio includes Snapdeal, UrbanLadder, Ola, Xiaomi and others.

Agricultural M-Commerce Startup AgroStar Raises $4mn Led By IDG Ventures

AgroStar sells seeds, nutrients, crop protection, as well as hardware products directly to farmers. It plans to utilize the capital to expand its operations from Gujarat and Maharashtra to 3-4 additional states in the next 12 months. The company also wants to strengthen its tech and leadership teams.

Dating App iCrushiFlush Raises Pre Series A Funding From IDG Ventures

Founded by Amit Vora who has held senior positions at Motorola, Reliance Comm , Hungama , iCrushiFlush helps its users to find new people around their location and connect to befriend them.

Cloudcherry Analytics Secures Funding from The Chennai Angels and IDG Ventures

Cloudcherry is a real-time, Omni-channel Customer Sentiment Mapping SaaS product that helps brands track, measure and improve Customer Delight in Real-Time. With the value of Customer Analytics increasing by the day, most enterprise brands are agressively implementing solutions to capture key Customer Experience Insights.

Speech Recognition Startup Uniphore Raises Funds From IDG Ventures

The funds raised will be used to scale its core technology development efforts and expand its reach and presence in multiple markets across the globe. Uniphore’s solutions allow any software application to understand and respond to natural human speech, enabling humans to use the most natural of communication modes, speech, to engage and instruct machines.