HR Tech

Darwinbox Raises USD 15 Mn In Series B Round From Sequoia

Cloud-based HR solutions company Darwinbox has raised USD 15 Mn in Series B round of funding led by Sequoia Capital. The company’s existing investors Lightspeed Ventures, 3one4 Capital and Endiya Partners also participated.

Source: INC42



Junglee Games Acqui-Hires Algorin TechLabs; Launches Howzat Fantasy Gaming App

To stay competitive in the tight Indian online gaming market, Nazara Technologies has been on an acquisition and investment spree, and now US-based Junglee Games has now announced the acquisition of Bengaluru-based gaming tech startup Algorin TechLabs. Junglee claims to have 20 Mn users in seven countries and targets 40-50 Mn active users by this financial year-end.

Source: INC42



Sachin Bansal Announces Acquisition Of NBFC; To Take Over As CEO

Flipkart co-founder Sachin Bansal has finally marked his entry into the financial services segment with the acquisition of Chaitanya Rural Intermediation Development Services Private Limited (CRIDS), a non-banking finance company (NBFC).

Source: INC42



IAN, Govt Whip Out Cheques For Diagnostics Firm Agatsa

Agatsa Software Pvt. Ltd, which creates healthcare devices focusing on the early diagnosis of lifestyle diseases, has raised USD 1 million in a funding round.




Regional Cuisine-Focussed Cloud Kitchen Zesty Raises Angel Funding

Zesty Kitchen, a cloud kitchen focussed on regional cuisines, has raised INR 3 crore (approximately USD 422,085 at current exchange rates) in funding from a clutch of angel investors.




Zerodha’s Rainmatter Invests Rs 4 Cr In Finception

Zerodha’s early-stage fintech fund and incubator Rainmatter on Wednesday said it has invested INR 4 crore in Finception, an early-stage startup.