Wipro Ventures Closes USD 150 Mn Fund II To Invest In Enterprise Tech Startups

Renewing its commitment to startups, Wipro Ventures on Thursday (January 16) announced the closing of its USD 150 million Fund II. The strategic investment arm of Wipro Limited said that it will continue to invest in early to mid-stage companies.

Source: INC42



Venture Highway Raises USD 78.6 Mn For Second Early-Stage Fund

Delhi-based early-stage investor Venture Highway on Thursday (January 16) announced that it has raised USD 78.6 Mn for its second fund. The firm said that it is backed by iconic investors from Silicon Valley but didn’t share further details about the investors. It said that a large part of the capital will be used for new investments in nearly thirty early-stage companies.

Source: INC42


Enterprise Tech

Enterprise Tech Startup Zinier Raises USD 90 Mn For Global Expansion

Bengaluru and California-based enterprise tech startup focused on field operations — Zinier, on Thursday (January 16), announced that it has raised USD 90 Mn (INR 638 Cr) in Series C funding led by tech-focused investment fund ICONIQ Capital.

Source: INC42



Saas Startup Extraaedge Raises Pre-Series A Funding From Sprout Venture, IAN

ExtraaEdge Technology Solutions Pvt. Ltd, an ed-tech startup, has raised USD 700,000 (approximately INR 5 crore at current exchange rates) in its pre-Series A funding round.



Consumer Lifestyle

Childcare Discovery And Booking Platform Proeves Raises INR 3.6 Cr From 1Crowd, Angel Investors

New Delhi-based childcare discovery and booking platform ProEves has raised INR 3.6 crore in its seed round of funding led by an early-stage investment firm, 1Crowd.




A91 Partners Buys Accion’s Stake In SME Lender Aye Finance

US-based non-profit organization Accion International has sold its stake in non-banking financial company Aye Finance Pvt. Ltd, which has continued to raise funds at a breakneck pace in recent months.