NewCrop Team

First investment from Alteria’s venture debt fund goes to Fingerlix

Maharashtra-based Fingerlix, a startup allowing users to receive and cook pre-selected, fresh food without preservatives, has raised $1.31 million. With the Indian food and grocery market having grown to the sixth position, globally in terms of size according to an IBEF report, the food-based startup’s mobile app and website fall directly into the category. Users […]

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Denmark-based mobile art marketplace startup raises seed funding round

An art-focused startup looking to build a mobile community of collectors and galleries, Artland, has raised $1 million for company growth. Founded in 2016, the startup looking to brings artists, galleries and buyers together, charges galleries a fee for a subscription on its mobile app which is used for purchasing art from the galleries as […]

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Bihar launches the state’s first startup hub to encourage young entrepreneurs

The first startup hub in Bihar has been launched and opened by the state’s Deputy Chief Minister and IT minister, Sushil Kumar Modi. According to Modi, the hub, which is located in Patna and will assist 31 startups, will bring about encouragement within the youth of state to pursue entrepreneurship. At the inauguration of the […]

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Lending startup, Avail Finance, raises $17.2 million in Series A funding

The online lending startup, Avail Finance, announced that it has raised $17.2 million (approximately Rs 112 crore) in Series A round of funding led by venture capital firm, Matrix Partners. The funding round also saw participation from prominent investors including Ankit Bhatia and Bhavish Aggarwal from Ola, FreeCharge Founder Kunal Shah, Flipkart Co-founder Binny Bansal […]

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Matrix Partners India invests in Anaek, a chatbot developer

Chatbot developer, Anaek Inc., has raised an investment from Matrix Partners India, a venture capital firm that has been active for over 11 years. The startup provides companies with the chatbots developed on a free trial basis, with charges after the set time period. The companies chatbots fill a variety of needs such as human […]

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