Zomato May Raise USD 600 Mn To Fuel Food Delivery, Dining Out Ambitions

Gurugram-headquartered foodtech unicorn Zomato is now testing its investors’ kitchen as the company looks to seek growth capital.

Source: INC42


Enterprise Tech

Bengaluru Startup Fyle Raises USD 4.5 Mn From Steadview Capital

Bengaluru-based expense management startup Fyle has raised USD 4.5 Mn from US-based hedge fund Steadview Capital. Along with the Series A funding round of USD 4.2 Mn raised from Tiger Global and existing investors Pravega Ventures, Beenext, and Freshworks in March this year, the startup has raised a total of USD 10.5 Mn till date.

Source: INC42


Online Gaming

Paytm First Games Raises USD 20 Mn From AGTech, One97

Four months after rebranding its gaming platform Gamepind as ‘Paytm First Games’, homegrown fintech company Paytm has raised an additional USD 20 Mn for the platform. The investors include Alibaba’s AGTech and Paytm’s parent company One97 Communications.

Source: INC42



FinBox Raises Pre-Series A Round Led By Arali Ventures

Bengaluru-based fintech startup FinBox has raised an undisclosed amount in Pre-Series A funding round led by Arali Ventures. The round also saw participation from marquee angel investor Anup Pai, founder of Fintellix.

Source: INC42



Varanium Capital Announces First Close Of INR 200 Cr NexGen Early-Stage Fintech Fund

Mumbai-based Varanium Capital has announced the first close of its INR 200 Cr venture capital fund ‘Varanium NexGen’, which will exclusively focus on early-stage fintech startups.

Source: INC42



Social e-commerce startup CityMall gets funding from Citrus Pay founder, Xiaomi exec

CityMall, a social e-commerce platform that sells lifestyle and curated products via peer-to-peer referrals on WhatsApp, has raised funding from a clutch of angel investors including Citrus Pay founder Jitendra Gupta and Xiaomi executive Alvin Tse.




SaaS-based dental platform CareStack raises funding from Steadview, others

CareStack, a cloud-based software-as-a-service startup that operates a platform for the dental industry, has raised USD 28 million in a Series B funding round led by Steadview Capital, the London-based hedge fund, and Delta Dental, the US-based insurance plan provider.