Iron Pillar Leads Supply Chain & Logistics SaaS company Pando’s $30M Series B Funding

Iron Pillar, a venture growth investor backing enterprise and consumer tech companies that are building from India for the world, announced its $12M Series B investment in Pando, a leader in supply chain and logistics SaaS, based in San Jose, with product development in Chennai.

Iron Pillar Raises First ever Venture Growth Fund with Dedicated Focus on Global Cloud Software Companies from India

Iron Pillar has successfully closed US$129 million for the first-ever Series B / C stage fund focused on investing in global cloud software companies from India. This fund is a part of Iron Pillar Fund II series of Funds.

Iron Pillar Doubles Down With $12M In Ushur’s Series C

Iron Pillar, a venture growth investor backing global tech companies building product from India, today announced its $12M follow-on investment in Ushur, the leader in no-code and AI-powered Customer Experience Automation™ (CXA), based in Santa Clara with product development in Bangalore.

Iron Pillar Invests In Jiffy’s USD 53 million Series B Funding

Iron Pillar, a venture growth investor backing global technology companies building products from India, today announced its investment in Jiffy.ai, the no-code, hyper-apps-based intelligent business process automation company based in Silicon Valley with product development in Bangalore and Trivandrum.

Iron Pillar invests $15 million in Y Combinator backed Skill-Lync

Iron Pillar, a venture growth investor backing global technology companies built from India, today announced its USD 15 million investment in YCombinator-backed, engineering focused edtech start-up, Skill-Lync. Existing investors, Y Combinator and Better Capital, also invested in this $17.5 million funding round.

Allana Group invests $10M in Iron Pillar Fund II to help Iron Pillar portfolio companies expand globally

Iron Pillar announced an investment of $10M from Allana Group in its Fund II. The 150 years old Group has manufacturing and distribution in 20 countries and has market leadership in oils, proteins, several FMCG brands and agri products. In 2017, the Group set up a corporate venture arm and has since made investments in e-commerce, grocery products, challenger brands, media and healthcare.

Iron Pillar invests in Ushur’s Series B

Iron Pillar announced its investment in Ushur, the no-code intelligent automation company based in Santa Clara with product development in Bangalore. Iron Pillar invested as part of the company’s $5M extension to its $25M Series B financing that closed in November 2020. This is the second investment from Iron Pillar Fund II.

Iron Pillar invests $4M in CoreStack

Iron Pillar, a venture growth investor backing companies built from India, today announced a $4M investment in CoreStack, the leading cloud governance and compliance SaaS startup based in Seattle with development in Chennai. Iron Pillar Fund II is targeting growth stage cloud software companies.

Iron Pillar doubles down on FreshToHome in $121M Series C Funding

This is the largest ever Series C raise in India consumer tech. Capital to support fast-paced expansion of the brand and AI-based platform in India and the Middle East. Iron Pillar and its Limited Partners invested an additional $39M in the current round. Previously, Iron Pillar led the Series B financing of the company with a $6M investment in April 2019.

Iron Pillar leads Series C Funding of $23M raised by Servify

Servify, the device lifecycle management platform that integrates multiple OEM Brands and their sales and service ecosystem to deliver great after-sales service experience, today announced that it has raised $23M in Series C financing. This round was led by Iron Pillar from its recently concluded Top Up Fund. Iron Pillar is an India focused venture growth investor with Servify amongst it portfolio companies since 2018.

Iron Pillar announces strategic partnership with US-based Nitya Capital

Venture growth investor Iron Pillar, a specialist in mid-stage tech investments in India, is partnering up with Nitya Capital, a US investment firm with USD2 billion in AUM.

Iron Pillar adds $45 million top-up to its Fund I

The Top Up Fund, which was oversubscribed to its hard cap in a very short period of time, will provide Iron Pillar additional capital to back specific Fund I portfolio companies that are thriving even in the current market conditions. Fund I has already made 8 investments, with very strong portfolio performance till date.

Matrix-backed Testbook raises INR 60 Cr led by Iron Pillar

Testbook, an ed-tech company that helps students prepare for Government Job Recruitment Exams, announced today that it has raised INR 60 Cr in its Series B round of funding led by Iron Pillar. The round also saw participation from existing investor Matrix Partners India, as well as Better Capital, AngelList India and Vikas Choudhury (President, Reliance Jio).

Iron Pillar’s Inaugrual India Tech Trends Report expects exponential increase in tech unicorns by 2025

The inaugural India Tech Trends Report by mid-stage technology investment firm Iron Pillar reveals that while India generated almost one unicorn per year between 2011 to 2017, the number spiked to 11 in 2018, with 10 so far in 2019. Of the country’s current 30 tech unicorns, 21 of them were created in the last two years.

Iron Pillar announces an investment in FreshToHome

FreshToHome.com, the Bengaluru based online fresh fish and meat retailer, has secured USD 20M in a Series B Funding round led by Iron Pillar with the participation of Joe Hirao, the founder of ZIGExn, Japan. Tarun Khandelwal of Add Advisory Partners was the company’s advisor on the round.

Iron Pillar announces an investment in Vyome Therapeutics

Iron Pillar, a venture growth investor with a presence in Mumbai and Palo Alto, is pleased to announce an investment in Vyome (Vyome Therapeutics Inc.), a clinical stage company developing novel drugs for antibiotic-resistant acne and other dermatology applications. This is Iron Pillar’s fifth investment from its maiden fund. Iron Pillar led the $22 million Series D round, which also saw investments from other new investors.

Iron Pillar announces an investment in Sedemac

Iron Pillar, an India focused venture growth investor, is pleased to announce an investment in SEDEMAC (Sedemac Mechatronics Private Limited), a technology company that builds innovative and reliable controls for engines and powertrains. This is Iron Pillar’s fourth investment from its maiden fund and fits well with its strategy of backing pioneering companies who are also proven leaders in their market segments.

Iron Pillar joins the Draper Venture Network

Iron Pillar, an India focused venture growth investor, is delighted to announce that it has joined the Draper Venture Network (“DVN”), a global alliance of 22 independent venture capital firms across 5 continents, with $1.6 billion in collective assets. Iron Pillar believes that global access and understanding are vital to the success of its portfolio companies and entrepreneurs in today’s dynamic economic environment.

Iron Pillar announces the final close of its maiden fund

Iron Pillar, an India focused venture growth investor, has announced the closing of it maiden fund. The Fund has secured aggregate capital commitments of more than $90 million.The Fund’s investors include a diversified group of institutions, sovereigns, family offices and technology entrepreneurs from the U.S., Europe, Middle East, Singapore, China and India.

Iron Pillar announces an investment in Servify

Iron Pillar, an India focused venture growth investor, announces its investment in Servify (Service Lee Technologies Pvt Ltd), a Mumbai based company which is currently redefining post purchase ownership experience for customers of global and Indian device brands, retailers, distributors and carriers. Iron Pillar is leading Servify’s $15 million Series B capital raise; existing investors Beenext and Blume Ventures are also participating in this round. This is Iron Pillar’s third investment from its maiden fund.

Iron Pillar secures INR 129 crores in the first close of its India fund

Iron Pillar, a venture growth investor, has announced the first close of Iron Pillar India Fund I (the “India Fund”), a Category II Alternative Investment Fund (AIF) registered with SEBI. The India Fund has secured capital commitments of INR 129 crores (approximately $20 million) of its targeted corpus of INR 200 crores (approximately $31 million). Iron Pillar leads Series B, C and D capital raises for VC backed technology companies in India that have demonstrated product-market fit, generated material revenues and sustained strong growth with meaningful unit economics.