Cyber Security

Lucideus Bags USD 7 Mn Funding To Become India’s Most Valuable Cybersecurity Startup

Cybersecurity startup Lucideus has raked in USD 7 Mn in a fresh round of funding led by MS&AD Ventures, the venture capital arm of one of Japan’s leading insurance companies. The fresh capital doubles the company’s valuation in ten months, making it the most valuable cybersecurity startup in India. The round also saw participation from Silicon Valley-based Western Technology Investment in the form of venture debt.

https://inc42.com/buzz/lucideus-bags-7-mn-funding-to-become-indias-most-valuable-cybersecurity-startup/

 

Marketing Tech

Customer Loyalty Startup Froogal Raises USD 1 Mn Seed Round From US-based Angel Investors

Hyderabad-based Froogal, a customer loyalty marketing startup announced on Tuesday that it has secured USD 1 Mn in a Pre-Series A funding round led by US-based angel investors.

https://inc42.com/buzz/customer-loyalty-startup-froogal-raises-1-mn-seed-round-from-us-based-angel-investors/

 

Media and Entertainment

BookMyShow Gets New Investment From Jungle Ventures; Moves SEA Business To Singapore

To set up a geographical footprint in Southeast Asia (SEA), Bigtree Entertainment Singapore has raised an undisclosed investment from Jungle Ventures to shift BookMyShow SEA’s headquarters from Indonesia to Singapore.

https://inc42.com/buzz/bookmyshow-gets-new-investment-from-jungle-ventures-moves-sea-business-to-singapore/

 

E-Commerce

Flipkart India Receives INR 2,839 Cr From Parent Firm

Flipkart, India’s leading online marketplace owned by global retailer Walmart, has received its third round of fund infusion of INR 2838.84 crore this year from its parent company in Singapore.

https://yourstory.com/2019/12/flipkart-india-funding-startup-kalyan-krishnamurthy-walmart

 

Finance

Electronica Finance Raises USD 15 M Through Issuance Of Equity To Encourage Capital

Pune-based Electronica Finance Ltd (EFL) has raised over INR 100 crore (USD 15 million) through the issuance of Compulsorily Convertible Preference Shares (CCPS). According to a statement released by the company, the funds will be utilized by EFL for its business growth in the existing product segments and expansion into its new rooftop solar financing business.

https://yourstory.com/2019/12/startup-funding-electronica-finance-msme-encourage-capital

 

SpaceTech

Bengaluru-Based Spacetech Startup Raises INR 5 Cr From Mumbai Angels Network, Other External Angel Investors

Bengaluru-based space tech startup Dhruva Space has raised INR 5 crore in a recent round of angel funding carried out by Mumbai Angels (MA) Network and other external angel investors. The investment was led by Ravikanth Reddy, Managing Director, Hotcrete.

https://yourstory.com/2019/12/funding-alert-space-tech-startup-dhruva-space-angel-funds