Series D

Series B

Debt Financing

Series E

Series C

Series A

Others

PE Round

Seed

Asia (ex. GCC & Levant)

Bangalore

Kartik Srivatsa

Kushal Agrawal

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Investment in Startup

Find insights on Lightrock India (Aspada): funding focus, market trends, and portfolio growth. Explore Lucidity Insights.

Lightrock India (Aspada)

They support driven entrepreneurs in large and essential markets by providing early stage risk capital to businesses in India that expand

Dunzo

Consumer Goods

E-Commerce

Delivery

Mobile Apps

Dunzo is the leading 24x7 all-in-one delivery platform that guarantees super-quick deliveries of packages, groceries, food, and medicines within the city.

Chennai

WayCool

Agriculture

Agritech

WayCool is the largest and fastest-growing agri-commerce company in India, specializing in food development and distribution by using innovative technology.

DeHaat

Capital Float

MediBuddy

Healthcare

Neogrowth

Cuemath

Education

Mumbai

Chalo

Big Data

Transportation

Mobility

Chalo is a transportation technology startup offering a transport app that delivers real-time transit information.

Vogo

Rental

Vivriti Capital

Analytics

BeatO

Ummeed Housing Finance

Arya Collateral Warehousing Services

Logistics & Storage

Gurugram

Aye Finance

Finance

Aiming to overcome the financing challenges faced by under-banked segments, Aye Finance is a finance company providing business loans to small and micro enterprises across India.

Lawrencedale Agro Processing

Kauvery Hospital

K-12 Techno Services

EdTech

Even

Shiksha Finance

IMAX Program

EM3 AgriServices

InI Farms

Eye-Q

Schedulers

Food and Beverage

Aknamed

Aasaanjobs

Consulting

Siddhivinayak Agri Processing

Reverie Language Technologies

Computer

Allfresh Supply Management

Xamcheck

ThinkLink

Logistics

Varthana

Banking

Lithium Urban Technologies (Lithium)

Be Well Hospitals

Chennai-based WayCool Foods and Products has raised $35 Mn (INR 250 Cr) Series C equity and debt funding round led by Mumbai-based venture capital firm Lightbox.

Netherland development finance company FMO Entrepreneurial Development Bank and venture debt firm InnoVen Capital also participated in this round, along with Waycool Foods’ existing investor Lightstone Aspada.

Farm-To-Fork Supply Chain Startup WayCool Bags $35 Mn From Lightbox, FMO

Aspada Investment Company has invested $2.7 million in Chennai-based fresh produce value chain Waycool Foods and Products Private Limited. The startup will utilise the money to extend reach to other major cities like Bengaluru and Hyderabad, build a technology platform to reduce inefficiencies in the supply chain, and augment the company’s existing infrastructure.

Chennai-based Waycool Foods raises $2.7 million from Aspada Investment

Hyperlocal logistics company Dunzo has raised $12 million from new and existing investors including Google, Lightbox, Evolvence, Hana Financial Investment, LGT Lightstone Aspada and Alteria Capital. With this, the Bengaluru-based firm has mopped up $40 million in its Series E round.

Dunzo had kicked off the round in September 2020 with a $28 million tranche led by Google and Lightstone, and Entrackr had exclusively reported on the fundraise. According to the company, it would use the fresh proceeds to focus on growth across its fastest-growing cities such as Mumbai, Chennai and Pune in the coming year.

With additional $12 Mn, Dunzo mops up $40 Mn in Series E round

Hyperlocal logistics startup Dunzo has raised $28 million in a new funding round led by Google and Lightstone. The fresh funding has come after a $45 million Series D round in October 2019 and it is the first tranche of the company’s ongoing Series E round.

While Google LLC and Lightstone have already infused $15.65 million, the remaining amount would come from five existing investors, regulatory filings show. 

This round comes at a time when competition in the hyperlocal delivery segment has intensified with Naspers-backed Swiggy launching 45-minutes grocery delivery via Instamart. The fresh capital infusion will help Dunzo to keep in the race of high capital burn segment with competitors like Swiggy, Zomato, BigBasket and Shadowfax among others.

Last month, Entrackr had exclusively reported about Dunzo’s fundraise. 

Dunzo has allotted 10,310 Series E CCPS to Google LLC and Lightstone at Rs 1,13,811.63 per share and has received Rs 117.5 crore or $15.66 million, reveals filings. Lightbox, 3 L Capital, Moving Capital, Pivot Ventures and Bhoruka Finance Corporation will collectively pump in $12.34 million in coming weeks. Formed in partnership with Aspada and LGT, LGT Lightstone Aspada is India focused impact investment platform of LGT Lightstone.

Exclusive: Dunzo kicks off Series E round with $28 Mn from Google and others

Bengaluru-based Dunzo, whose app helps in daily tasks management, has raised $12 million in funding from Google. The deal has been done under Google’s Next Billion Users (NBU) push. Existing backers Blume Ventures and Aspada have also participated in the funding round.

Personal task management startup Dunzo raises $12 M in funding from Google

Bangalore-based daily tasks management app dunzo, run by Dunzo Digital Pvt Ltd, has raised $12.3 million (Rs 80.8 crore) in a Series B funding round led by global technology giant Google, a person with direct knowledge of the development told VCCircle.
Existing investors Aspada Investment Advisors and Blume Ventures also participated in the round, the person mentioned above added.
dunzo raised the funds for its Series B round last week.
Google Asia Pacific Pte Ltd invested Rs 64.58 crore, Blume Ventures put in Rs 3.75 crore and Aspada has infused Rs 12.5 crore into the startup.
dunzo secured $1.18 million in its Series A funding round in November 2016 from Aspada Investment Advisors, data from VCCEdge, the research platform of News Corp VCCircle, shows.
The startup has seen a three-fold increase in valuation from its Series A round. With its Series B investment, the startup has been valued at $30 million post-money, while its pre- money valuation is around $17 million.

Exclusive: Google leads $12 mn round in task management app dunzo

Bangalore-based daily tasks management app dunzo has raised $650,000 (around Rs 4.4 crore) in pre-Series A round of funding led by Aspada Investment Advisors and Blume Ventures.
Prominent angel investors including Google India MD Rajan Anandan and JustDial CTO Sandipan Chattopadhyay also participated in the funding round.
Founded in 2015 by Ankur Aggarwal, Dalvir Suri, Mukund Jha and Kabeer Biswas, dunzo -- run by Dunzo Digital Pvt Ltd -- is aimed at solving the deep local discovery and fulfillment problem. The chat-based task management app allows users to create to-do lists through the app; collaborate on tasks; and have them get done by dunzo. The platform leverages both Al (artificial intelligence) and human operators in providing solutions.

Task management app dunzo gets $650K from Blume, Aspada, others

Lightrock India (Aspada)

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Lightrock India (Aspada)

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 4 sectors we invest in

Portfolio Companies or Investments

Executive Team Members

About

Legal

Social Media

Portfolio Companies
or Investments