Aakanksha Ahuja

Logistics platform LetsTransport raises $12m from Bertelsmann India, Fosun

Bengaluru-based LetsTransport has raised a total of $18.3 million in three funding rounds so far, including this round.


PolicyBazaar unit DocPrime sets aside $15m to invest in preventive healthcare

DocPrime received an initial internal funding of $50 million from parent company PolicyBazaar Group in September this year.


Quikr acquires VC-backed real estate platform India Property

The acquisition signals Quikr’s strategy to build the transaction business on top of classifieds.


Impact investor Capria announces first close of $100m fund at $40m

Omidyar Network, Ford Foundation and Resonance Impact Fund have come on board as new limited partners (LPs) at Capria.


NinjaCart raises $35m Series B funding led by Accel, Syngeta Ventures

NinjaCart’s existing investors Accel India, Nandan Nilekani NRJN Trust, Misteltoe and Qualcomm Venture also participated in the round.


Indian social media app Roposo raises $10m from Tiger Global, Bertelsmann

The company has so far raised funds worth $31 million. Roposo is also backed by Flipkart co-founder Binny Bansal and venture capital firm India Quotient.


India: Online classifieds platform Quikr gets $8m venture debt from InnoVen

Quikr has raised over $350 million so far in equity funding from Warburg Pincus, Matrix Partners and Norwest Venture Partners, among others.


India: MoEngage raises $9m Series B funding led by Matrix Partners, Ventureast

Existing investors Helion Venture Partners and Exfinity Venture Partners also participated in the funding round.


India: SAIF-backed UrbanClap raises $50m led by Steadview, Vy Capital

The new funding round comes after the Gurgaon-based company raised $21 million led by Vy Capital in June last year.


India: Edtech startup Eruditus in talks to raise $40m funding led by Sequoia

Eruditus raised $2.3 million in debt from Temasek-owned Innoven Capital in July.