🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

Upekkha secures $15 Million in a funding round led by WestBridge Capital

OutlookIndia

OutlookIndia · 1y ago

Upekkha secures $15 Million in a funding round led by WestBridge Capital

Indian software-as-a-service (SaaS) fund and accelerator Upekkha has closed the first round of its $40m Upekkha fund. It has also secured $15m in a funding round led by WestBridge Capital. Upekkha aims to invest in over 70 early-stage start-ups by 2024, focusing on unit economics and capital efficiency. WestBridge Capital sees Upekkha as bridging a gap in the Indian market, enabling SaaS founders to build global businesses. Upekkha currently collaborates with over 165 start-ups and has become a leading accelerator and SaaS fund for early-stage start-ups in India.

Related News

SaaS will turn into software and services in GenAI: Upekkha-WestBridge report

Economic Times

Economic Times · 1y ago

SaaS will turn into software and services in GenAI: Upekkha-WestBridge report

According to a report by Upekkha and WestBridge Capital, the software-as-a-service (SaaS) industry will evolve into software and services within generative artificial intelligence (GenAI). The report highlights the emergence of AI in various categories such as AI dev tools and code automation. The Indian market is expected to focus on building vertical SaaS offerings rather than competing at the platform level. The report also predicts the rise of vertical AI and the increased efficiency brought by "ambient AI" in enterprise processes. Upekkha, a startup accelerator, recently closed a $15 million fund and supports startups in creating global software brands.

ETtech Deals Digest: Startups raise $848 million in April so far; down 27% on-year

Economic Times

Economic Times · 3m ago

ETtech Deals Digest: Startups raise $848 million in April so far; down 27% on-year

Startups raised approximately $848.3 million in funding from April 1 to 25, a 27.2% decrease from the same period last year, which saw $1.1 billion raised across 116 rounds. In April 2025, 86 funding rounds were recorded. Key deals included GreenLine's $275 million for green logistics, Juspay's $60 million led by Kedaara Capital, Tessell's $60 million Series B round led by WestBridge Capital, Scapia's $40 million, and Infinity Fincorp's $40 million Series A extension.

Metalbook, three others raise early-stage funding

VCCircle

VCCircle · 1y ago

Metalbook, three others raise early-stage funding

Metal supply chain platform Metalbook has raised $15 million in a Series A funding round led by Rigel Capital, while internet browser Veera has raised $6 million in a seed funding round led by Ayon Capital. Quick service restaurant IDC Kitchen has raised $180,647 in a funding round from Velocity, and haircare startup iluvia has raised an undisclosed amount in a Series A funding round from Fireside Ventures and Multiply Ventures.

Sugar.fit secures additional $5M in Series A

Inshorts · 1y ago

Sugar.fit secures additional $5M in Series A

Healthtech startup Sugar.fit has secured an additional $5 million in Series A funding led by B Capital, bringing the total funding raised in the round to $16 million. Existing investors MassMutual Ventures, Tanglin Venture Partners, Endiya Partners, and Cure.Fit also participated in the round.

Waterfield Advisors secures $18 million from Jungle Ventures in primary-secondary mix

Economic Times

Economic Times · 5m ago

Waterfield Advisors secures $18 million from Jungle Ventures in primary-secondary mix

Waterfield Advisors, a wealth advisory firm, raised $18 million in a funding round led by Jungle Ventures, comprising $15 million in primary capital and $3 million to buy out existing investors. The funds will enhance technology, expand their presence in key financial hubs, and improve client engagement. With advisory services on $5 billion in assets, the firm aims to reach founders, professionals, and women, including India's tier-2 and tier-3 cities and international markets.

Metafin secures $5 million funding from Prime Venture Partners, others

Economic Times

Economic Times · 1y ago

Metafin secures $5 million funding from Prime Venture Partners, others

Clean tech focused NBFC Metafin has raised $5 million in an equity funding round led by Prime Venture Partners and Varanium Capital. The funding will be used to expand across states, improve the loan book, enhance technology and IoT stack, and hire new talent. Metafin specializes in providing rooftop solar loans to small businesses in rural and semi urban areas and aims to address the market gap of providing affordable power solutions to over 5 million rural businesses. The company has raised about $7 million in total funding and aims to reach $12-15 million AUM in the next 12 months.

Titan Capital partially exits Credgenics with more than 100x return

Entrackr

Entrackr · 1y ago

Titan Capital partially exits Credgenics with more than 100x return

Early-stage investor Titan Capital has reportedly made a partial exit from debt recovery and legal automation platform Credgenics, achieving a remarkable 116x return on their investment. Titan Capital had led a $300K seed round for Credgenics in 2020. This exit comes after Credgenics secured a $50 million Series B funding round led by Westbridge Capital and Accel. Credgenics offers advanced loan collections and debt recovery technology solutions to various financial institutions and claims to have reached operational profitability and Rs 100 crore in revenue in FY23.

Westbridge Capital likely to double down on Rapido

Livemint

Livemint · 1y ago

Westbridge Capital likely to double down on Rapido

Ride-sharing platform Rapido is reportedly raising $100 million in a funding round led by current investor Westbridge Capital. The company has secured commitments of around $70 million and is seeking additional capital from domestic family offices. The funding round could value Rapido at around $900 million, marking a significant increase from its previous valuation of $830 million in April 2022. Despite facing regulatory challenges and opposition, Rapido has expanded from bike-taxi aggregation to include three-wheeler and four-wheeler ride-sharing services. The capital raise would provide resources for the company's expansion and growth.

Physics Wallah’s Maheshwari on keeping powder dry, FY25 growth and more

VCCircle

VCCircle · 10m ago

Physics Wallah’s Maheshwari on keeping powder dry, FY25 growth and more

Last week, edtech unicorn Physics Wallah raised $210 million in its Series B round, led by Hornbill Capital and with participation from Lightspeed Venture Partners, GSV, and WestBridge. The funding comes despite the company not having an urgent need for capital. Physics Wallah, founded by Prateek Maheshwari, offers online physics courses for students in India. The company plans to use the funding for expansion, focusing on growth and product development.

Meesho Eyes Larger $500 Mn-$650 Mn Round At Lower Valuation: Report

Inc42 · 1y ago

Meesho Eyes Larger $500 Mn-$650 Mn Round At Lower Valuation: Report

Indian e-commerce platform, Meesho, is reportedly increasing the size of its upcoming funding round to $500-650 million, from the initial target of $300 million, due to strong investor interest. The funding round is expected to be led by Tiger Global and Peak XV Partners, with participation from SoftBank, WestBridge Capital and Mars Growth Capital. It is reported that $300 million of the funding will be designated for settling taxes incurred during the transfer of the company's domicile from Delaware to India. The round is expected to value Meesho at $3.9 billion, a 20% decrease from its previous valuation of $4.9 billion.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

June 2025

Helping your parents when you are miles away

The Pit Stop Your Cravings Deserve

The next generation E-commerce platform

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Download the medial app to read full posts, comements and news.