FinTech

Kunal Shah’s Cred Is Raising $101 Mn Series B Funding From Ribbit, Tiger Global And Others

Bengaluru-headquartered credit card bill payment app Cred is raising INR 730.02 Cr in a Series B funding round from multiple existing and new investors.

Source: INC42

 

HealthTech

DocsApp Acquires DocWise, Aims At Better Network And Engagement

Bengaluru-based online doctor consultation platform DocsApp has acquired DocWise, another Bengaluru-based patient-doctor engagement optimization platform, for an undisclosed amount.

Source: INC42

 

E-Commerce

Iron Pillar, Joe Hirao Invest $20 Mn In Food Supply Chain Startup FreshToHome

Bengaluru-based online marketplace and supply chain startup for perishable goods FreshToHome has raised USD 20 Mn in Series B funding round from Iron Pillar and Joe Hirao, founder, ZIGExn, Japan.

Source: INC42

 

FinTech

Payments Platform BharatPe Raises $50 Mn Funding Round Led By Ribbit Capital

Payments platform BharatPe has raised a USD 50 Mn funding round led by Ribbit Capital and Hong Kong-based Steadview Capital. Existing investors of the company Sequoia Capital, Beenext Capital, and Insight Partners also participated in the round.

Source: INC42

 

Co-Working Space

Shared Workspace Provider Smartworks Looks To Raise $40 Mn

Shared workspace provider Smartworks plans to raise USD 35-40 Mn in, both in debt and equity, to double its portfolio to 5 Mn sq ft by March next year.

Source: INC42

 

Co-Working Space

WeWork India Franchisee Embassy Buildcon Raises $27.7 Mn Debt From ICICI

Embassy Buildcon, the franchisee arm for WeWork in India, has reportedly pledged its shares in the coworking company to raise debt capital of INR 200 Cr from ICICI Bank. According to a media report, Embassy Buildcon, which operates WeWork properties in the country, has pledged its 26% stake to raise this capital.

Source: INC42

 

Vernacular

SoftBank In Talks To Invest In Indian Startups Lenskart, Dailyhunt

SoftBank Vision Fund has been eyeing new bets in the Indian market. The SoftBank tech investment unit is reportedly in advanced talks to close investment deals with two Indian companies – eyewear retailer Lenskart and vernacular news and content platform Dailyhunt. SVF is expected to invest USD 400 Mn round of funding in Lenskart and USD 150 Mn in Dailyhunt as a part of a bigger round, according to a report in Economic Times.

Source: INC42