SAIF Partners

SAIF Partners rebrands as Elevation Capital, secures $400 million for its new India fund

SAIF Partners has raised $400 million for a new fund and rebranded the 18-year-old influential venture capital firm as it looks to back more early-stage startups in the world’s second largest intern

India’s FarEye raises $25M to grow its logistics SaaS startup in international markets

More than 150 e-commerce and delivery companies globally use an Indian logistics startup’s service to work out the optimum way before they ship items to their customers. That startup, Noida-based Fa

Investors tell Indian startups to ‘prepare for the worst’ as COVID-19 uncertainty continues

Just three months after capping what was the best year for Indian startups, having raised a record $14.5 billion in 2019, they are beginning to struggle to raise new capital as prominent investors urg

Leap Finance raises $5.5M to democratize financing for foreign-bound Indian students

Tens of thousands of Indians move to the United States to pursue higher education each year. But like many others who have arrived from a foreign land, they can’t secure education loans or personal

India’s Spinny raises $43.7M to expand its online platform for selling used cars

Spinny, an online platform for selling used cars, has secured $43.7 million from a cohort of influential investors in a new financing round as it looks to expand to more Indian cities. The Series B fi

EBay picks 5.5% stake in India’s Paytm Mall

EBay said today it is buying a 5.5% stake in e-commerce marketplace Paytm Mall as the global firm makes another push to gain in India’s fast-growing e-commerce market. The two firms did not disclose

India’s Rivigo raises $65M to expand its freight and logistics platform

Rivigo, a tech startup in India that wants to build a more reliable and safer logistics network, has raised $65 million as major investors continue to place big bets on opportunities in overhauling th

NoBroker raises $51M to help Indians buy and rent without real estate brokers

A startup that is attempting to significantly improve the way how Indians rent or buy an apartment just raised a substantially big amount to further pursue its mission. Bangalore-based real estate pro

BlackBuck raises $150 million to digitize freight and logistics across India

India’s trucking system has a big inefficiency problem that continues to drag the economy. BlackBuck, one of the handful of logistics startups that is trying to overhaul this system, just raised $15

India’s Meesho, which enables social commerce via WhatsApp, raises $50M

Meesho, a Bangalore-based social commerce startup, has closed a $50 million investment to grow its business in its Indian homeland ahead of future international expansion. This Series C round means th

India’s new technology infrastructure has created a platform to build domestic tech giants

In the two years since Indian social media app ShareChat raised $4 million in funding from Lightspeed Ventures the converging trends of increasing smartphone use, wireless internet connectivity, and c

SenseHawk, drone analytics for the solar industry, takes flight with $2M investment

The consumer market is just the tip of the iceberg for drones, which have the potential to deploy across a range of different industry verticals such as construction or agriculture. That’s the

CapitalG leads $21.5M investment in Aye Finance, its first fintech deal in India

India is a major part of Google’s global focus. The company launched a new product in India last week as its program to bring free WiFi to the public registered its 400th railway station. Now,

“Social selling” startup Meesho lands $11.5M Series B led by Sequoia India

Y Combinator alum Meesho, one of several “social selling” startups gaining speed in India, will add more features to its e-commerce platform after closing a $11.5 million Series B led by Sequoia I

TravelTriangle raises $12M to digitize India’s travel bookings

TravelTriangle, a startup that is digitizing travel agencies and travel bookings in India, has raised a $12 million Series C round led by Fundamentum. The startup operates like a travel booking platfo

Social commerce startup Meesho gets $3.4M Series A to build a reseller network in India

While most of the attention paid to India’s e-commerce boom focuses on big players like Flipkart, there’s another fast-growing sector: people, mostly women, who resell items on social media. Sever

India’s Treebo raises $34M for its budget hotel network

Treebo Hotels, one of the most prominent members of India’s emerging budget hotel networks, has closed a $34 million Series C round. The deal was led by new backers Ward Ferry Management and Ka

SAIF Partners closes new $350M fund for India’s resurgent tech startup scene

SAIF Partners, one of India’s most active investment firms, has returned with a new fund of $350 million, its sixth to date. Unlike other firms, SAIF opted to keep its newest fund at the same si

TravelTriangle raises $10 million to bring India’s travel agencies online

India’s TravelTriangle, a marketplace for finding and booking travel and holidays, has closed a $10 million Series B funding round. The four-year-old company is focused on bringing India’

India’s Treebo Hotels raises $17 million for its budget hotel network

Treebo Hotels has raised $17 million led by Bertelsmann India Investments (BII) with participation from existing investors SAIF Partners and Matrix Partners India.
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