E-Commerce

Investcorp Leads USD 11.28 Mn Fresh Funding In Online Retailer Bewakoof

Thane-headquartered online retailer Bewakoof has raised a fresh funding round of INR 80 Cr (USD 11.28 Mn). The round has been reportedly led by Bahrain’s alternative asset manager Investcorp.

 Source: INC42

 

Automotive

CarDekho Looks To Raise USD 100 Mn In Series D Funding Led By Autohome Inc

Jaipur-based automobile subsidiary of Girnar group, CarDekho, is raising a USD 100 Mn Series D funding round.

Source: INC42

 

Mobility

Zoomcar Raises INR 55 Cr From Parent Entity, WeWork India CEO

Bengaluru-based rental car service Zoomcar has raised INR 55.7 Cr mix of debt and equity from its US-based parent entity Zoomcar Inc and WeWorks India head Karan Virwani. While the parent entity bought shares worth INR 48.47 Cr, Virmani paid INR 7 Cr loan.

Source: INC42

 

E-Commerce

Club Factory Raises USD 100 Mn To Bolster Open Platform Ecommerce Strategy For India

Chinese e-commerce giant Club Factory has announced a USD 100 Mn Series D funding round led by venture capital firm Qiming Venture Partners, with participation from Bertelsmann, IDG Capital, and other Fortune 500 companies from the USA and Asia.

Source: INC42

 

AdTech

Adtech Startup OneOneDay Raises USD 1.3 Mn in Pre Series A from Indian Angel and Others

After launching its Oodies app in India and partnering with telecom company Airtel, Hong Kong-based adtech startup OneOneDay has now raised USD 1.3 Mn in Pre-Series A round from Chinese investors to fuel its expansion plans.

Source: INC42

 

Mobility

Rapido Closes Series B Funding Round At USD 55 Mn Led By WestBridge Capital

Bengaluru-headquartered bike taxi startup Rapido has closed its Series B funding round at INR 390.11 Cr (USD 54.9 Mn) from a bunch of new and existing investors.

Source: INC42

 

Mobility

Ola Gets USD 5.05 Mn Fresh Infusion from Pre IPO-Fund

Bengaluru-based cab-hailing unicorn Ola is getting ahead with its preparation for public listing. The company has now received the first infusion from the IPO trust it had set up.

Source: INC42