Enterprise Tech

Khatabook Raises USD 25 Mn In Series A From GGV Capital, RTP Ventures Among Others

Khatabook, an app that enables small and medium enterprises (SMEs) to record and track business transactions, has raised USD 25 Mn Series A round from GGV Capital, Partners of DST Global, RTP Ventures, Sequoia India, Tencent, Y Combinator and others.

Source: INC42

 

Mobility

Hyundai, Kia Investment In Ola Hits CCI Roadblock

South Korean automobile maker Hyundai and its affiliate Kia Motor’s USD 300 Mn investment in Ola might have hit a roadblock due to the cab-hailing service’s trouble with Competition Commission of India (CCI).

Source: INC42

 

FinTech

LoanTap Opens Series B Round With USD 12 Mn From Avaana, Exiting Investors

Pune-based online lending startup LoanTap has received a fresh infusion of INR 84.9 Cr (USD 12 million) in Series B funding round.

Source: INC42

 

FinTech

Rewards-Based Payments App TWID Raises USD 1.4 Mn Seed Funding

Bengaluru-headquartered digital payments app TWID announced that it has raised USD 1.4 Mn (INR 10 Cr) in a seed funding round from SCV LLC. SCV LLC is a family office of first-generation entrepreneurs who have built, scaled and exited several technology firms in the US and India.

Source: INC42

 

Consumer Goods

DSG Consumer, Harsh Mariwala's family office back mattress maker Sleepycat

Sleepycat, which makes and sells mattresses to consumers through online channels, has raised INR 11 crore (USD 1.56 million) in its Series A funding round led by consumer-focused venture capital firm DSG Consumer Partners and the family office of Marico Group’s Harsh Mariwala, Sharrp Ventures.

Source: VCCIRCLE

 

Healthcare

VC firm Arali Ventures backs Norwegian healthcare startup

Oivi AS, a Norway-based healthcare startup, said on Monday it has raised USD 500,000 in its pre-seed funding round led by Indian venture capital firm Arali Ventures.

Source: VCCIRCLE