Prasannata Patwa

Japan’s Sansan bags $26.4m from T. Rowe, DCM Ventures to boost India growth

Sansan raised $26.43 million in Series E funding from Japan Post Capital, T. Rowe Price, SBI Investment and DCM Ventures.

India: Online marketplace Shop101 in talks with Kalaari, Unilever to raise $11-12m

The funds will be used for technological development and expanding into new categories such as beauty and personal care.

India: Local language news aggregator Dailyhunt looks to raise $100m funding

Dailyhunt raised over $6 million in a bridge round of funding in September but is now looking for fresh capital to build a war chest as it takes on newer, well-funded companies such as Tencent-backed NewsDog, Shunwei Capital-backed Sharechat and Toutiao’s Helo.

Saas startup Verloop raises $3m from IDFC Parampara Fund, others

Infosys co-founder Kris Gopalakrishnan, and Ranjan Pai, chairman, Manipal Education and Medical Group, also participated in the funding round.

Online tutoring platform Vedantu raises $11m led by Omidyar Network

Vedantu competes with online education startups including Byju’s and Unacademy.

India: Robotics startup DeTech raises $3.3m led by SAIF Partners

Existing investors such as Bharath Innovation Fund, Axilor Ventures and BlueHill Capital Pvt Ltd joined the round.

InnoVen leads $6m funding in Indian weight loss app HealthifyMe

The company said it will use the capital to get 100 million new customers on the platform in India and abroad, starting with Malaysia and followed by Singapore, Indonesia and other southeast Asian countries.

Farm produce delivery platform NinjaCart in advanced talks to raise $20-25m

Existing investors of NinjaCart include Accel Partners, M&S Partners, Qualcomm Ventures and Nandan Nilekani’s NRJN Trust and Mistletoe.

India: Bus aggregator ZipGo buys Supreme Trans Concepts to enter Mumbai, Pune

With a fleet of 270 deluxe and air-conditioned buses, Supreme Trans Concepts provides intracity services between Hinjewadi and Magarpatta, among other routes, under the MetroZip and CityZip brands.

India: Unacademy acquires exams preparation start-up WiFiStudy

Online education start-up Unacademy (Sorting Hat Technologies Pvt. Ltd) has acquired WiFiStudy, a Jaipur-based YouTube channel, to increase its presence in tier-2 and -3 cities among students who prepare for public recruitment exams including railways and banking. WiFiStudy was acquired in a stock and cash deal, according to a statement… Read more »