Newsarticles – IvyCamp

Quick commerce logistics startup Blitz raises Rs 51 Cr in Series A round led by IvyCap Ventures

Overview

Blitz, a quick commerce logistics enabler, has raised Rs 51 crore in a Series A round led by IvyCap Ventures Advisors Private Limited. Existing investors India Quotient and Alteria Capital, existing angel investors, and other notable angels, including Ramesh Bafna of Zepto; Siddharth from Snitch; Vinit Gautam, CEO, Bestseller; and Amitabh Suri, CEO, Arvind Fashion, also participated in the round.

Date

20 November, 2024

Laiqa Wellness raises Rs 15 crore from IvyCap Ventures

Overview

Femtech startup Laiqa Wellness has raised Rs 15 crore in a funding round from early-stage venture capital firm IvyCap Ventures. The funds will be used for expanding and developing the company’s tech-based solutions, which focus on personalised hormonal health monitoring, point-of-care assessments, and AI-driven recommendations.

Date

28 August, 2024

Pintel.ai Bags $1 Mn Seed Funding Led By IvyCap Ventures

Overview

Pintel.ai, an innovative sales technology platform, has raised $1 million in seed funding led by IvyCap Ventures, with participation from investors including founders and leaders from Whatfix, LambdaTest, Livspace, and others.

Date

19 July, 2024

Healthcare finance startup Icanheal raises Rs 15 crore funding from IvyCap Ventures

Overview

Icanheal, a healthcare financing startup, has raised Rs 15 crore from early-stage venture capital firm IvyCap Ventures. The funds will be used to scale operations, recruit more employees, invest in technology, and expand geographically.

Date

16 July, 2024

AI music startup Beatoven.ai raises $1.3 Mn in pre-Series A

Overview

AI music startup Beatoven.ai has raised Rs 11 crore (about $1.3 million) in its pre-Series A round led by existing backers Capital 2B, Entrepreneur First and new investors IvyCap Ventures, Upsparks Capital, Rukam Capital, and other angel investors.

Date

18 March, 2024

Chronic pain management FlexifyMe raises ₹10 cr from IvyCap and Flipkart Ventures

Overview

FlexifyMe raises ₹Rs 10 crore in seed funding led by IvyCap Ventures and Flipkart Ventures, aiming to leverage AI for personalized solutions and improve corporate health

Date

11 January, 2024

HDFC Life Announces Nvest as the Winner of Futurance, a Platform for Start-Ups to Provide Innovative Solutions

Overview

HDFC Life, one of India’s leading life insurers, has a tie-up with IvyCamp, an initiative of IvyCap Ventures Advisors Pvt. Ltd. to provide a platform called Futurance that allows tech-enthusiastic start-ups to co-create targeted solutions and build next-gen capabilities for HDFC Life.

Date

26 December, 2023

SNITCH raises INR 110 Cr ($13.19 Mn) in funding co-led by SWC Global and IvyCap Ventures.

Overview

Omnichannel fashion brand Snitch has raised Rs 110 crore in a round led by Singapore-based venture capital firm SWC Global and Indian venture firm IvyCap Ventures.

Date

13 December, 2023

Gradright secures Rs 50 cr in series A funding from IvyCap Ventures

Overview

Education-focused fintech startup GradRight has secured Rs 50 crore in a Series A funding round from IvyCap Ventures.

Date

24 August, 2023

Agraga raises Rs 70 cr in series A led by IvyCap Ventures

Overview

Digital logistics platform Agraga has raised Rs 70 crore in a Series A round led by IvyCap Ventures Advisors Private Limited, with participation from Alteria Capital.

Date

16 May, 2023

ZestIoT raises $6.5M in series A round led by IvyCap Ventures

Overview

ZestIoT, the Hyderabad-based technology startup focused on the aviation sector, raised $6.5 million in a Series A funding round led by IvyCap Ventures and Loyal VC.

Date

03 May, 2023

Celcius logistics secures Rs 100 cr in series A funding to innovate cold chain tech

Overview

Cold chain marketplace Celcius Logistics has secured Rs 100 crore in its Series A funding round led by IvyCap Ventures.

Date

10 April, 2023

AI SaaS Startup NymbleUP raises Rs 3 cr in seed funding led by IvyCap Ventures

Overview

NymbleUp, a Mumbai-based, AI-based SaaS platform for operations automation and workforce management, has raised INR 3 crore in a seed fundraising round headed by IvyCap Ventures. A notable business leader also took part in the round.

Date

04 January, 2023

Agri consumer brand Eggoz raises $8.8M led by IvyCap Ventures

Overview

Eggoz, an egg-focused agri consumer tech brand, said it raised $8.8 million (Rs 66 crore) in a Series B funding round led by IvyCap Ventures. NABVENTURES, Avaana Capital, and Rebright Partners also participated in the round.

Date

21 December, 2022

Women's Entrepreneurship Day: 4 lady bosses from Indian startups on how to slay the challenges and what’s the reality.

Overview

Shark Tank India’s second season is about to raise the curtains and the panel of judges shows a fair and equal distribution between men and women. However, what it narrates may not be the truth for the overall space. An inroad into the numerics shows that it’s still the men entrepreneurs who dominate the space.

Date

19 November, 2022

HDFC, IvyCamp Seek Applications From Tech Startups For Finnovation Phase II

Overview

Housing Development Finance Corporation (HDFC) and IvyCamp, an initiative of IvyCap Ventures Advisors, have together launched the second phase Finnovation, a corporate engagement program to identify innovative tech startups with relevant and scalable solutions. The call for applications will be open until 29th December 2022.

Date

16 November, 2022

HDFC Life And IvyCamp Launches Phase 5 Of Futurance

Overview

Futurance a flagship corporate engagement program that aims at identifying startups that develop innovative and cutting-edge solutions. It is the outcome of the continued partnership between HDFC Life, one of India’s leading life insurance companies, and IvyCamp, an initiative of IvyCap Ventures Advisors. This program has now entered its fifth phase.

Date

02 November, 2022

Startups get the edge over corporates in hiring talents amid the ‘Great Resignation’ era

Overview

In a recent press conference, Minister of Commerce and Industry Piyush Goyal said that India has approximately 75,000 startups and 7.46 lakh jobs have been created by the Indian startup ecosystem so far. However, with the layoff wave hitting the startup ecosystem, there are ripples of concern everywhere. According to layoffs.fyi, globally 43,399 start-up employees have been laid off across the world since April 1, 2022. Out of these, over 13% were fired by Indian start-ups.

Date

17 August, 2022

IvyCap Ventures raises Rs 1,608 crore in first close of third fund

Overview

IvyCap Ventures has mopped up Rs 1,608 crore ($214 million) from institutional investors in the first close of its third fund. Banks, insurance companies, mutual funds, family offices and government institutions have come on board the fund, an IvyCap executive said. State Bank of India, Life Insurance Corporation of India, and HDFC Life are among the sponsors of the Mumbai-based fund, said people in the know.

Date

23 February, 2022

HDFC Ltd. and IvyCamp launch 'Finnovation', a corporate innovation program to collaborate with startups on innovations in the lending and finance industry

Overview

HDFC, India's leading housing finance company, and IvyCamp, an initiative of IvyCap Ventures Advisors Pvt. Ltd., have jointly launched the Finnovation program today. Some of the key focus areas for which solutions are sought are Property Assessment for Mortgage Loans and Customer Servicing.

Date

15 December, 2021

HDFC Life & IvyCamp launch ‘Futurance’ phase 4 to identify innovative and high potential startups

Overview

New Delhi : HDFC Life, one of India’s leading life insurance companies, and IvyCamp, an initiative of IvyCap Ventures Advisors Pvt. Ltd., have jointly launched the fourth phase of Futurance.

Date

13 September, 2021

[Funding alert] Mobility startup Get My Parking raises $6M from IvyCap Ventures, IAN Fund

Overview

Get My Parking will use the new funds to scale its IoT platform and extend its footprint in the US, LATAM, and Australian markets. It also plans to hire and expand its engineering and product departments.

Date

27 May, 2021

IvyCap Ventures invests ₹15 cr in energy analytics firm Bidgely

Overview

IvyCap Ventures on Wednesday announced ₹15 crore financing for AI-powered energy analytics firm Bidgely to accelerate their growth plans in India.

Date

24 March, 2021

Beauty startup Purplle raises $45 mn from Sequoia, Verlinvest, others

Overview

'The investment will help to shape Purplle into a multibillion-dollar, digital-first, beauty and personal care enterprise,' said Manish Taneja, Co-founder & CEO Purplle.

Date

23 March, 2021

As Purplle raises $45 million, early investor IvyCap clocks 22X gains

Overview

Purplle, an online beauty store, has raised $45 million (about Rs 326 crore) from Sequoia Capital India and existing investors Verlinvest, Blume Ventures, and JSW Ventures, the company said in a release. The round saw the company’s value rise to Rs 2,200 crore, sources said.

Date

23 March, 2021

IvyCap Ventures invests in online apparel firm Bewakoof

Overview

Bewakoof, a direct-to-consumer (D2C) online apparel company, on Thursday said it has raised $4 million (Rs 29 crore) from IvyCap Ventures. The company will use the funds to invest in technology and enter new product categories, said Bewakoof in a statement.

Date

18 March, 2021

IvyCap Ventures Advisors founder says firms should offer employees flexibility in returning to office

Overview

The experience of starting office back was generally good. It was actually great to see the staff back in person after a long gap. All of us are mostly wearing masks while in the office.

Date

11 March, 2021

IvyCap leads pre-Series A funding in health-tech firm Elucidata

Overview

Elucidata, a biomedical molecular data company, on Thursday said it has raised $5 million (Rs 36.4 crore) in its pre-Series A funding round led by IvyCap Ventures.

Date

28 January, 2021

Edtech startup PurpleTutor raises about $300K in seed round from IvyCap Ventures and others

Overview

Mumbai-based edtech startup PurpleTutor has raised a seed funding round of about $300,000 led by IvyCap Ventures. The round saw participation from other investors, including Krishna Kumar (Founder and CEO – Simplilearn).

Date

12 Jan, 2021

Expertrons Raises Fund From IvyCap Ventures

Overview

Mumbai-based edtech startup Expertrons has raised an undisclosed amount from venture capital fund IvyCap Ventures. The round saw participation from the startup’s existing investors such as Iceland Venture Studio and Sarcha Advisors.

Date

02 November, 2020

HDFC Life launches 'Futurance' Phase 3

Overview

HDFC Life, one of India's leading life insurance companies and IvyCamp, an initiative of IvyCap Ventures, today jointly launched the third phase of Futurance - the corporate engagement program to identify startups that are building innovative and next-gen capabilities in the insurance sector.

Date

October 1st, 2020

Online beauty store Purplle aims $100M sales in FY21, eyes acquisitionn

Overview

The ecommerce firm, which has raised $35 million of funds from global investment bank Goldman Sachs and other investors, is exploring opportunities for acquisition in brands, technology, and content space to fuel growth.

Date

August 10, 2020

Biryani By Kilo Opens Its First Delivery-Only Restaurant In Bhubaneswar

Overview

Biryani By Kilo, India’s most premium Biryani and kebab chain is known for delivering authentic Nizami cuisine including freshly Dum-Cooked Handi Biryanis, kebabs, Korma, Phirni and more around India in around 20 cities. With foodies showing insatiable love for the royal dish, Biryani By Kilo is all set to now deliver in Bhubaneswar, Odisha.

Date

August 10, 2020

Goldman Sachs buys out Purplle’s angel investor shares at 40X premium

Overview

Angel investors Abhinav Sinha and Anirudha Gopalakrishnan who are former Fidelity Investments executives invested ₹25 lakhs and ₹20 lakhs respectively when Purplle was launched in December 2011

Date

July 04, 2020

How lingerie maker Clovia switched gears

Overview

A sneak peek into a tale of drama and jugaad, of what businesses have done to survive Covid-19

Date

June 15, 2020

How this biryani delivery startup grew revenue from Rs 86 lakh to Rs 48 Cr in 4 years

Overview

Swiggy’s annual report on the country’s food ordering habits revealed that Indians ordered an average of 95 biryanis per minute, or 1.6 biryanis per second, in 2019.

Date

June 26th, 2020

Biryani By Kilo donates 40,000+ meals during the Corona virus pandemic

Overview

Biryani By Kilo [BBK], India’s most premium biryani and kebab chain, known for delivering freshly dum-cooked handi biryani, has donated 40,000 plus fresh lunch meals from all the operational stores in NCR and is also donating locally to limit transportation during the pandemic.

Date

20 May, 2020

Action in the time of COVID-19

Overview

INR 100CR grant created by India’s start-up community to give wings to ideas that could combat COVID-19 with immediate impact. We are seeking capital-efficient, scalable solutions from NGOs and innovative startups which need an initial seed grant to fight the spread of the pandemic.

Date

April 02, 2020

Why Covid-19 may alter startups forever

Overview

A virus has upended every aspect of business. What does it mean for India’s top food, travel and fintech startups? Flight, hotel booking firms are the worst hit. The gig economy has also seen a drop in demand. Videoconferencing providers and online education companies, however, are witnessing a boom

Date

March 18, 2020

IvyCap backs IoT platform Singularity in pre-Series A funding round

Overview

Singularity Automation Pvt. Ltd, which provides an Internet of Things-based platform to budget hotels and companies that offer shared accommodation, has raised its first round of institutional funding. The Bengaluru-based startup has received Rs 8.5 crore ($1.15 million) from IvyCap Ventures as part of its pre-Series A round of funding, Singularity Automation said in a statement.

Date

March 06, 2020

IvyCap backs IoT platform Singularity in pre-Series A funding round

Overview

Date

March 06, 2020

HDFC Life’s Futurance program enters phase two

Overview

In June 2019, life insurance company HDFC Life tied-up with IvyCamp to launch an initiative called Futurance. It is a corporate engagement program that aims to identify and onboard innovative startups that can co-create targeted solutions and build next gen capabilities for HDFC Life.

Date

December 04 , 2019

BeYouPlus raises $3.2 million in funding

Overview

BeYouPlus, a startup that is aiming to standardise beauty treatments by partnering with local clinics, has raised $3.2 million in funding led by IvyCap Ventures, along with participation from Madison Capital and Singapore Angel Network.

Date

November 04, 2019

President Kovind Inaugurates IIT Delhi's Billion Dollar Endowment Drive

Overview

IIT Delhi held its 50th convocation ceremony today. Before the convocation, the institute held a curtain raiser press conference on Friday where the Billion Dollar Endowment drive was launched.

Date

November 04, 2019

Pharmarack raises $3 million in a Series A funding

Overview

Healthcare tech platform Pharmarack has raised $3 million in a Series A funding round from IvyCap Ventures. Pharmarack also counts Unicorn India Ventures and Patni Group’s Currae Healthtech Fund among its investors.

Date

September 23, 2019

Biryani By Kilo secures Rs 30 Cr funding led by IvyCap Ventures

Overview

Biryani By Kilo (BBK), a delivery-led biryani brand, has raised Rs 30 crore in its Series A funding round led by IvyCap Ventures, indicating rising investor interest in cloud kitchen brands.

Date

September 23, 2019

HDFC Life partners with IvyCamp to launch Futurance, a programme for startups

Overview

Ftcash acts a platform for lenders and small businesses, and currently has around 30,000 borrowers he start-up lends around ₹3 lakh on an average to small businesses such as grocery stores and mom-and-pop outlets

Date

June 27, 2019

Lending start-up Ftcash raises ₹50 crore from FMO, Accion, IvyCap Ventures

Overview

Date

May 02, 2019