# S T A R T U P M O N K
DealShare raises $11 million in Series A from Matrix Partners, Falcon Edge and others

Dealshare, a social commerce startup today raised $11 million in a Series A round led by Matrix Partners India and Falcon Edge Capital and was accompanied by partners of DST Global, Omidyar Network India, and few lending angel investors. As per a statement released by the startup, it will utilise the funds for city-wide expansion,

DPIIT asked to summon Amazon and Flipkart even as e-comm firms explain deep discounting allegations

The Department for Promotion of Industry and Internal Trade (DPIIT) was asked to summon Amazon and Flipkart on an alleged violation of foreign direct investment (FDI) policy, which came into force this February. The two renowned and largest  marketplaces in the country have been accused of practising unfair means which has not been permitted under the FDI

Hevo Data raises $4 million in seed funding from Sequoia Surge and Chiratae Ventures

Hevo Data, a unified and automated data platform, has recently raised $4 million in seed funding led by Sequoia Capital’s Surge and Chiratae Ventures even as it looks to grow its asset value and support its overall business all over the world.  By utilising the seed funding efficiently the startup aims to increase and flourish

NBFC Kogta Financial raises Rs. 300 crore from Morgan Stanley’s PE arm

Creador and Morgan Stanley Private Equity have led a Rs. 300 crore funding round in non-banking financial company (NBFC) Kogta Financial. After the first investment of Morgan Stanley Private  in November 2018, Kogta scaled up operations across eight states, with a sharp focus on asset quality and ALM.  The investment in Kogta Financial is the

Expense management startup Fyle raises $4.5 million led by Steadview Capital

Fyle, a startup which provides expense management software, has raised $4.5 million led by US-based hedge fund Steadview Capital following its Series A round in April 2019. Other investors likeTiger Global, Freshworks, and Pravega Ventures also participated in the round.  The startup’s total funding now stands at $10.5 million and it will use the latest

Oyo to raise $1.5 billion in new round of funding by founder Ritesh Agarwal and other investors

Ritesh Agrawal-founded Oyo Hotels and Homes is all set to raise $1.5 billion in funds from the founder, through his RA Hospitality Holdings and other investors led by SoftBank. This funding will lead the company to hold a worth of $1.5 billion, achieving the biggest target in its 6 years of history until now. The

Govt. earmarks Swiggy,Zomato and Dunzo among 7 startups for drone delivery pilot

Drones are a new and evolving technology which today is used in a very small percentage of business around the world for delivery purposes and is yet in developing stage.  Even though the drones are very lightweight, fuel-efficient and quicker, they still have their limitations and challenges which are needed to be faced with innovation,

Beauty tech startup Yours raises $3.5 million from Sequoia Surge to simplify personalised skincare

The online beauty industry in India is a burgeoning and fast-growing segment. With multiple players vying for a piece of the consumer beauty and cosmetics pie, personalised, highly-tailored experiences are the lay of the land for such startups. However, that same level of personalisation and adaptable efficiency is rarely found in the offline world, especially in

Blockchain-driven pilot deployed by Walmart in Andhra Pradesh

Post the ban on cryptocurrencies by the Reserve Bank of India(RBI), widespread adoption of blockchain technology in the mainstream of India has been taking place. Having global players like Walmart and JP Morgan being supportive of the technology, soon blockchain will see its role in the Indian economy becoming more and more mainstream moving forward. 

HR automation startup Greytip raises Rs. 34.5 crore from Info Edge and MegaDelta Capital

Greytip Software Private Limited, an HR-tech startup which operates a HR automation and payroll product, GreytHR, has raised Series C funding to the tune of Rs. 34.5 crore from Info Edge.  The round also saw the involvement of existing investor MegaDelta Capital.As part of the deal, Info Edge has come onboard as a new investor,

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CIN- U74999DL2019PTC347107