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| Mar 13, 2025 | The AI Revolution: Transforming Finance and Cybersecurity in 2025 | In 2025, the landscape of finance and cybersecurity is shifting like sand beneath our feet. Two major forces are at play: large language models (LLMs) in finance and AI-driven defenses in cybersecurity. Both are reshaping industries, pushin... |
| Mar 11, 2025 | AI vs. AI: 6 ways enterprises are automating cybersecurity to counter AI-powered attacks | Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More
Why is AI becoming essential for cybersecurity? Because every day, in fact every second, malicious actors are usi... |
| Dec 9, 2024 | Spacetech startup Pixxel snags additional $24 mn as part of Series B round | Kshitij Khandelwal and Awais Ahmed, founders of Pixxel
Space-technology startup Pixxel, which raised $36 million led by tech giant Google last year in June, has further secured $24 million as a part of its Series B round, taking the total f... |
| Jul 2, 2024 | Ajax Engineering Launches Concrete GPT, Game-Changing AI Platform for Concrete Industry | By Joseph Henry
Published Jul 2, 2024 11:04AM EDT
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Ajax Engineering, the leading concreting equipment manufacturer in India, has unveiled... |
| Jan 13, 2024 | Khazanah Nasional backs Indian cloud kitchen startup’s $42m round | InvestmentsNews
Lokesh Choudhary · 16 Jan 2024 · 1 min readKhazanah Nasional backs Indian cloud kitchen startup’s $42m round
Photo Credit: Shutterstock
India-based startup Wow Momo Foods recently raised US$42 million in series D funding fro... |
| Jun 8, 2023 | Google Play billing policy: Madras HC bars Google from delisting apps | The Madras High Court has barred Google from delisting apps of firms, which had moved the court against the Google Play billing system, Economic Times reports.
Petitioners, however, have been asked to submit a report to Google on the number... |
| Jun 1, 2023 | PE-backed Upekkha invested in 29 startups last year | Shekar Nair, Thiyagarajan Maruthavanan and Prasanna Krishnamurthy, executives of Upekkha
Software startup accelerator Upekkha, on Thursday said it has deployed over $3 million (around Rs 24.7 crore) to back 29 early-stage startups in 2022.
... |
| May 15, 2023 | CRED-owned Happay fires over 30% staff | Expense management firm Happay has fired more than 30% of its employees as a part of restructuring exercise, two sources told Entrackr.
The company was acquired by CRED in December 2021 in a mix of cash and equity deal worth around $180 mil... |
| Apr 27, 2023 | Madras HC bars Google from delisting Matrimony apps over billing dispute | The Madras High Court has passed an interim injunction against Google over a plea filed by Matrimony.com, an online matchmaking platform. The injunction issued on April 25 bars Google from delisting Matrimony.com apps from the Google Play S... |
| Nov 27, 2022 | Google Says Smartphone Companies (Including Itself) Did Not Patch Month-old Android Security Flaw | John Lopez, Tech Times 27 November 2022, 02:11 pm
Google notifies users that five previously reported security issues affecting Android smartphones to remain unpatched despite being brought to the attention of a number of smartphone makers.... |
| Sep 12, 2022 | Predictive gaming is gaining ground in India – here’s what it means for the Indian sports business landscape | A smorgasbord of applications around technologies like blockchain & AI, are rapidly expanding gaming formats and enthusiasts are being found in India’s hinterland is turning gaming into an opportunity that is ringing in the moolah for c... |
| Jul 14, 2022 | Ronnie Screwvala-led Upgrad buys recruitment firm Wolves India | Upskilling unicorn Upgrad on Thursday said its subsidiary Rekrut has acquired Bengaluru-based recruitment and staffing platform, Wolves India for an undisclosed sum.
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Founded in 2016, Wolves India specialises in placing tech ta... |
| Jul 13, 2022 | Ratan Tata-Backed BlueStone’s Loss Narrows 43% To INR 13.8 Cr In Pandemic-Hit FY21 | The jewellery startup’s operating revenue grew 5.5% YoY to INR 269 Cr, but the growth was lower than the 30% rise reported in the previous fiscal
BlueStone managed to reduce certain expenses in FY21, which helped it in containing the rise i... |
| Jun 15, 2022 | Accel, 72 Ventures co-lead pre-Series A round in Innovist | Gurugram-based Innovist (formerly Onesto Labs), which runs brands like Bare Anatomy, Chemist at Play and SunScoop, on Wednesday said it has secured pre-Series A funding of $3.5 million (around Rs 27 crore) led by Accel Partners and 72 Ventu... |
| Jun 13, 2022 | Toprankers Raises $4 Mn In Funding To Expand To New Test Preparation Segments | The round was led by consumer-centric domestic venture fund Sixth Sense Ventures
The startup also plans to hire nearly 160 teaching and non-teaching staff in the next 12 months
Toprankers focuses on aspirants in streams such as law, fashion... |
| Jun 9, 2022 | Faad Network, Upsparks, others back cloud gaming firm The Gaming Project | Cloud gaming firm The Gaming Project on Thursday said it has secured $500,000 in a seed funding round led by Faad Network.
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The fundraise also saw participation from Upsparks, BlackKite, SucSEED Indovation Fund, MaGEHold and He... |
| Jun 7, 2022 | Salman Khan-Backed GARI Token Wipes Over 80% Of Investor Wealth In 24 Hours | GARI token fell from $0.72 (INR 57) to $0.13 (INR 10) within an hour, later reaching an all time low of $0.09 (INR 7)
Rumours sparked that the cryptocurrency might have been hacked, but it was later refuted by the company, claiming it was a... |
| May 11, 2022 | Coinbase CEO blames India’s central bank for halting trading operations | Coinbase started offering trading operations in India on April 7 but withdrew the same by April 10.
Armstrong also said that Coinbase plans to work with the government to relaunch here.
Coinbase has invested in Indian crypto exchanges, Coin... |
| Apr 25, 2022 | Banks reportedly seek clarity on crypto’s relationship with India’s largest payments service | Advertisement
The statement from the NPCI, issued earlier this month, has led crypto exchanges to stop UPI payments in India.
Crypto exchanges have been at odds with banks in India all through 2021 and 2020.
The Reserve Bank of India is one... |
| Apr 25, 2022 | Northern Arc invests debt in EV startup Zypp Electric | Bycyshare Technologies Pvt Ltd, which runs electric vehicle-based last-mile delivery service provider Zypp Electric, on Monday said it has raised $1 million (around Rs 7 crore) in debt funding from Northern Arc.
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The startup pl... |
| Apr 22, 2022 | A DeFi hacker compromised a lesser-known protocol but forgot to take their winnings | Advertisement
The hacker compromised a protocol called Zeed for over $1 million.
DeFi hacks have become a serious concern for the crypto industry over the past year.
Almost 97% of all cryptocurrency stolen in 2022 came from DeFi protocols. ... |
| Apr 15, 2022 | Swiggy leads $177.5 mn round in bike taxi startup Rapido | Roppen Transportation Services Pvt Ltd, which operates bike taxi app Rapido, has secured $177.5 million in an ongoing funding round led by food delivery platform Swiggy, as per VCCircle analysis based on the regulatory filings.
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| Apr 14, 2022 | PhonePe and Indus OS shareholders reach out of court settlement | PhonePe has reached an out-of-court settlement with investors disputing the mobile wallet firm’s acquisition of Indus OS, the former announced in a late Wednesday evening statement.
“The settlement of the dispute involving VPF [Ventureast P... |
| Mar 25, 2022 | Meta wants to bring web3, metaverse virtually into all its future products | Meta has filed for eight trademarks with the USPTO, of which six are about cryptocurrencies and the metaverse.
The company is also working on bringing NFTs to Instagram and Facebook.
Meta is also designing advertising for the metaverse and ... |
| Mar 21, 2022 | CommerceIQ turns unicorn with $115 Mn round led by SoftBank | Retail e-commerce management platform CommerceIQ has raised $115 million in its Series D financing round led by SoftBank Vision Fund 2. The round also saw participation from all existing institutional investors: Insight Partners, Trinity Ve... |
| Mar 21, 2022 | Ola Electric backs Israeli battery tech firm StoreDot | Ola Electric, the electric vehicle arm of ride-sharing startup Ola Cabs, on Monday, said it has invested an undisclosed amount in Israeli battery technology company StoreDot.
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Ola Electric will invest in StoreDot as the first o... |
| Mar 15, 2022 | Hero Enterprise Backs Jewellery Startup BlueStone With $30 Mn Funding; Valuation Reaches $410 Mn | Omnichannel jewellery brand BlueStone has raised $30 Mn in a funding round led by Hero Enterprise’s Sunil Kant Munjal.
With this, the omnichannel jewellery retailer is now pegged at $410 Mn.
BlueStone will use the funding to ramp up its man... |
| Feb 18, 2022 | Some of the biggest cryptocurrency HODLers are also crypto criminals, finds Chainalysis report | More than 4,000 of the biggest cryptocurrency accounts have gotten their tokens through illicit means.
A new report by Chainalysis shows that these illicit holdings combined amount to around $25 billion.
Crypto criminals now account for 3.7... |
| Feb 9, 2022 | GlobalBees acquires sport equipment brand Reach, portfolio grows to a dozen | Softbank and PremjiInvest-backed GlobalBees Brands Pvt Ltd, that aggregates and invests in e-commerce brands, has added fitness equipment and accessories brand Reach to its portfolio, marking its latest and 12th acquisition.
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T... |
| Jan 27, 2022 | DealShare turns unicorn with $130 mn funding from Tiger Global, Alpha Wave, others | DealShare, a Jaipur based social commerce startup, owned and operated by Merabo Labs Pvt Ltd, has joined the coveted unicorn club after raising almost $130 million (Rs 968.67 crore) as a part of its Series E funding round from Tiger Global ... |
| Jan 27, 2022 | Skyroot Aerospace raises $4.5 million from Sherpalo Ventures, Wami Capital | Skyroot Aerospace, a private Indian space-tech startup building an indigenous rocket for commercial missions, announced a bridge round funding of $4.5 million led by Sherpalo Ventures, and co-led by Wami Capital, former Whatsapp chief busin... |
| Jan 25, 2022 | Sequoia-backed Darwinbox turns unicorn with $72 mn funding | Sequoia Capital India-backed enterprise human resources (HR) management platform Darwinbox has joined the coveted unicorn club as its parent raised $72 million as a part of its Series D funding round, the company said in a statement on Tues... |
| Jan 11, 2022 | SoftBank-backed Thrasio startup GlobalBees buys three more brands | GlobalBees Brands Pvt Ltd, that aggregates and invests in e-commerce brands, has acquired three more direct-to-consumer (D2C) brands in a bid to expand its product portfolio, the company said in a statement on Tuesday.
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The Thr... |
| Jan 7, 2022 | Sequoia-backed AI firm Avataar nets $45 mn in Tiger Global-led round | Avataar, an artificial intelligence (AI) and computer vision platform, has raised $45 million as a part of its Series B funding round led by Tiger Global, along with participation from existing investor Sequoia Capital India.
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... |
| Dec 29, 2021 | SoftBank-backed GlobalBees joins unicorn club with $111.5 mn funding | SoftBank-backed GlobalBees Brands Pvt Ltd, a Thrasio-style direct-to-consumer (D2C) venture that aggregates and invests in e-commerce brands, has raised $111.5 in its Series B funding round led by Premji Invest at unicorn valuation, the com... |
| Dec 27, 2021 | Klub’s aceler8 fund invests in online apparel firm Bewakoof | Bewakoof, a direct-to-consumer (D2C) online apparel platform, said on Monday it has raised an undisclosed amount in a revenue-based financing round from Klub’s aceler8 fund.
According to Anurakt Jain, co-founder and CEO of Klub, “Brands can... |
| Dec 22, 2021 | OYO ropes in former Apple and Swiggy execs for top tech roles | Gurgaon-based hotel chain OYO has appointed former Apple executive Nirdosh Chauhan and Swiggy’s Kranthi MITRA Adusumilli as the Senior Vice President of Engineering and Senior Principal Data scientist respectively.
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Chouhan, pr... |
| Dec 21, 2021 | Jumbotail raises $85 mn from Invus affiliate, others; Kalaari exits partially | Business-to-business (B2B) e-commerce platform Jumbotail Technologies Pvt Ltd has raised $85 million (around Rs 640 crore) in its Series C funding round led by Artal Asia Pte Ltd, an affiliate of the US-based Invus Group, the company said o... |
| Dec 14, 2021 | Sequoia-backed Turtlemint ropes in Bajaj Allianz Executive as Chief Business Officer | Sequoia Capital backed-Invictus Insurance Broking Pvt. Ltd, which operates online insurance platform Turtlemint, has roped in Bajaj Allianz’ Executive Vice President Navvin Jaiin as its Chief Business Officer, the company said in a statemen... |
| Dec 6, 2021 | Thrasio-style startup UpScalio invests in four auto accessories brands | UpScalio, a Thrasio-style venture that finances e-commerce brands, has invested an undisclosed sum in four auto accessories brands - Autofurnish, Destorm, Urban Lifestylers, and MotoTrance, the company said in a statement on Monday.
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| Dec 6, 2021 | Bizongo raises $110 Mn led by Tiger Global at $600 Mn valuation | E-commerce focused packaging company Bizongo has raised $110 million [Rs 825 crore] in its Series D round of financing led by Tiger Global. Existing investors such as B Capital and International Finance Corporation (IFC) and CDC have also p... |
| Nov 29, 2021 | Ronnie Screwvala invests in e-learning platform 21K School | E-learning platform 21K School has raised pre-series A funding of $5 million (around Rs 37 crore) from upGrad Co-founder and Chairman Ronnie Screwvala, the company said in a statement.
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The company aims to utilise the funds to ... |
| Nov 17, 2021 | Gurugram-based Thrasio-style startup UpScalio invests in kitchen appliance brand Hestia | UpScalio, a Thrasio-style venture that invests in e-commerce brands, on Wednesday, said it has invested an undisclosed sum in high-end kitchen appliance start-up Hestia, the company said in a statement.
Thrasio is a US-based startup that ac... |
| Nov 16, 2021 | India Accelerator leads pre-seed funding round in ecommerce startup OhLocal | Gurugram-based artificial intelligence (AI)-enabled bidding platform OhLocal has raised an undisclosed pre-seed round led by mentorship-driven incubator India Accelerator with participation from other high net worth individuals (HNIs) and m... |
| Nov 15, 2021 | Sequoia-backed Wingreens secures funding from Bahrain-based Investcorp | Dipping sauce maker Wingreens Farms Pvt Ltd has raised $17 million (Rs 124 crore) in a fresh round of funding led by Bahrain-based Investcorp. Omidyar Network India also participated in this round. Mid-market investment bank Veda Corp acted... |
| Nov 15, 2021 | Urban Company FY21 net loss widens to Rs 249 cr as employee benefit expenses surge | On-demand home services marketplace Urban Company’s net loss widened to Rs 249.28 crore in 2020-21 (FY21) from Rs 155.18 crore in 2019-20 (FY20) as the company’s employee benefit expenses soared more than 60%, the company’s filings with the... |
| Nov 11, 2021 | Another Indian NFT startup is in the works — backed by Binny Bansal, Kunal Shah, Sandeep Nailwal and others | Lysto provides API and infrastructure to enable other platforms to distribute their own NFTs.
The company is now backed by founders of Polygon, BookMyShow and other noted startups in the country.
Lysto is one of many NFT and crypto platform... |
| Nov 11, 2021 | Another Indian NFT startup is in the works — backed by Binny Bansal, Kunal Shah, Sandeep Nailwal and others | Lysto provides API and infrastructure to enable other platforms to distribute their own NFTs.
The company is now backed by founders of Polygon, BookMyShow and other noted startups in the country.
Lysto is one of many NFT and crypto platform... |
| Nov 5, 2021 | Paytm may offer Bitcoin once it is legal: CFO Madhur Deora | Homegrown payments firm PayTM may offer crypto-based services if the Indian government legalizes these assets. “Bitcoin is still in a regulatory grey area if not a regulatory ban in India. At the moment Paytm does not do bitcoin. If it was ... |
| Oct 22, 2021 | IPL teams are reportedly launching fan tokens, which will give followers a bigger say in club decisions | More cricket teams in India plan to join the world of crypto by launching fan tokens in the coming months.
Fan tokens give followers access to a number of membership perks, like having a say in club decisions, rewards, merchandise design an... |
| Sep 30, 2021 | B2B ecommerce platform OfBusiness raises $150 mn Series F funding from Tiger Global | Business to business (B2B) ecommerce platform OfBusiness has raised $194 million in its Series F funding round led by Tiger Global which picked up a 5% stake, said the co-founder and chief executive of the recently born unicorn.
Tiger Globa... |
| Sep 28, 2021 | Zypp Electric raises $7 mn Series A round led by 9Unicorns, Anthill Ventures | Zypp Electric, an EV-based last-mile delivery service provider, has raised around $7 million in a Series A round co-led by 9Unicorns and Anthill Ventures.
The round also saw participation from Nanavati Family Office, We Founder Circle, Sili... |
| Sep 24, 2021 | Market-bound Delhivery raises $125 mn more from Lee Fixel's fund | Market-bound logistics company Delhivery has raised $125 million (Rs 922 crore) additional funding from Addition -- a fund floated by former Tiger Global executive Lee Fixel.
The infusion comes after $75 million came from Addition earlier t... |
| Sep 21, 2021 | Fintech Funding in APAC Has Doubled This Year to over US$ 5 Billion | In H1 2021, fintech funding in Asia-Pacific surged to US$5.56 billion, more than double the same period last year. The figure puts the year 2021 well on track to surpass pre-COVID-19 levels during which fintechs in APAC raised a total of US... |
| Sep 7, 2021 | Peter Thiel’s Valar Ventures leads $75 Mn Series B round in Bangladesh-based ShopUp | Bangladesh-based B2B commerce platform ShopUp, which merged with Bengaluru-based fashion retailer Voonik last February, said on Tuesday it has raised $75 million in a Series B round of funding led by Peter Thiel’s Valar Ventures. With this ... |
| Aug 25, 2021 | InvestCorp leads $8mn round in Bewakoof | Bewakoof, a direct-to-consumer (D2C) online apparel platform, on Wednesday said it has raised $8 million (Rs 60 crore) in its pre-Series B round of funding led by InvestCorp.
IvyCap Ventures and Spring Marketing Capital have also participat... |
| Aug 25, 2021 | Ankit Nagori's Curefoods raises capital from Iron Pillar | Curefoods, a cloud kitchen startup floated by Cure.fit cofounder Ankit Nagori, on Wednesday said it has raised $13 million (Rs96.2 crore) as part of its Series A funding round led by mid-stage-focused venture capital firm Iron Pillar.
The f... |
| Aug 24, 2021 | Accel leads Series A funding in diabetes management platform Breathe Well-being | Accel has led a $5.5 million (Rs 40 crore) Series A funding round in Breathe Well-being, a Gurugram-headquartered health-tech startup for diabetes management.
The round saw participation from marquee investors including General Catalyst and... |
| Aug 20, 2021 | SoftBank-backed OYO valued at $9.6 bn as Microsoft invests $5 mn | Microsoft Corporation has invested nearly $5 million (Rs 37 crore) in Ahmedabad-based Oravel Stays which owns and operates budget hospitality chain OYO. The company is now valued at $9.6 billion.
According to documents filed by the company ... |
| Aug 19, 2021 | Blogging platform Hashnode raises Series A funding led by Salesforce Ventures | Salesforce Ventures, the venture capital arm of the American CRM giant, has led a $6.7 million (about Rs 50 crore) Series A funding round in Hashnode which is a platform for software development, engineering and technology content.
Venture ... |
| Aug 17, 2021 | Presight Capital, hedge fund lead Series A funding in Thrasio-style UpScalio | Presight Capital and an undisclosed global hedge fund have led a $42.5 million Series A round of funding in Gurugram-headquartered UpScalio which aggregates and invests in e-commerce brands.
Heliad Equity partners, MPGI, 468 Capital and Whi... |
| Aug 16, 2021 | Shell Ventures, Yamaha India, others invest $52 mn Series C funding in Rapido | Bengaluru-based bike taxi platform Rapido suffered losses from the Covid-19 lockdowns but investor focus has returned to the mobility space after easing of restrictions. On Monday, the company said it has secured $52 million (about Rs 385 c... |
| Aug 11, 2021 | IIFL, others lead Series B funding in logistics startup Pickrr | IIFL, Amicus Capital and Ananta Capital have led a $12 million (about Rs 85 crore) Series B funding for logistics and warehousing solutions provider Pickrr Technologies. Existing investors Omidyar Network India and Guild Capital also partic... |
| Aug 9, 2021 | upGrad raises funding from IFC and IIFL, turns unicorn | Ronnie Screwvala’s UpGrad Education, which focuses on higher education and imparting specialist skills to older Indians, raised funding from investors to become the third Indian edtech startup to turn unicorn after Byju’s and Unacademy.
It ... |
| Aug 6, 2021 | Mindtickle raises more Series E funding led by SoftBank, turns unicorn | Pune and San Francisco based MindTickle, which helps companies with their sales pitch, secured $100 million (around Rs 742 crore) more in its Series E round led by SoftBank Vision Fund 2, becoming a unicorn.
Existing investors Norwest Ventu... |
| Aug 4, 2021 | BharatPe attains unicorn status after Tiger Global led funding round | Delhi-headquartered fintech company Resilient Innovations, which operates merchant payment platform BharatPe, has raised $370 million (about Rs 2742.56 crore) to fuel its digital bank ambitions.
The company announced the close of its Series... |
| Aug 2, 2021 | OfBusiness raises $160 mn funding led by SoftBank, turns unicorn | Gurugram headquartered OFB Tech, which owns and operates OfBusiness, is the latest business-to-business (b2b) commerce platform to enter the unicorn club, joining the likes of Moglix and Infra.Market.
OfBusiness plans to use capital from it... |
| Jul 30, 2021 | Peter Thiel backed Valar Ventures leads Series A funding in crypto platform Vauld | Singapore headquartered crypto platform Vauld is looking to expand its international presence, ramp up hiring and licensing to continue offering crypto banking and investments on its platform.
On Thursday, the company announced raising $25 ... |
| Jul 29, 2021 | Kalaari Capital to set aside $10 mn yearly for women led startups | Early stage venture firm Kalaari Capital said it will set aside $10 million (Rs 74.2 crore) annually to invest in startups led by women under its CXXO programme launched this year.
The CXXO programme will create a cohort of eight to 10 fema... |
| Jul 28, 2021 | Gupshup gets more Series F money; employees, early investors make part exits | Months after it raised $100 million from Tiger Global, San Francisco headquartered conversational AI (artificial intelligence) platform Gupshup has secured an additional $240 million in its Series F round of funding.
The recent tranche will... |
| Jul 28, 2021 | GIC, Malabar India Fund, others invest pre-IPO money in travel app ixigo | Ahead of its upcoming initial public offering (IPO), travel and hotel booking service provider ixigo has raised Rs 270.3 crore (about $36.5 million) in a funding round led by Singapore sovereign wealth fund GIC.
The round saw participations... |
| Jul 26, 2021 | Tiger Global, Flipkart Ventures lead funding in Thrasio-style GOAT Brand Labs | Bengaluru based GOAT Brand Labs, co-founded by Flipkart’s former fashion head, is eyeing the growing direct-to-consumer (D2C) market in India. On Monday, the three-month-old company said it has raised a $36 million (about Rs 268 crore) in a... |
| Jul 22, 2021 | Byju’s buys US-based edtech startup Epic for USD 500 million | Indian edtech startup Byju’s has bought California-based reading platform Epic in a cash and stock deal worth USD 500 million to drive its global expansion plans.
This comes two months after the USD 16.5-billion edtech giant announced the g... |
| Jul 20, 2021 | LeapFrog, Khosla Ventures lead Series C funding in HealthifyMe | Benagluru-based health and fitness platform HealthifyMe has raised $75 million (around Rs 560 crore) in a Series C round led by LeapFrog and Khosla Ventures.
HealthQuad, Unilever Ventures, and Elm (Saudi Arabia PIF entity) also participated... |
| Jul 20, 2021 | Sequoia Surge leads seed round in Mesh | San Jose, California-based people management platform Mesh has raised $5 million (Rs 37.4 crore) in a seed funding round led by Sequoia Capital’s Surge.
The round also saw participations from RTP Global, Y Combinator Continuity and Emles Ve... |
| Jul 19, 2021 | SIG, Omidyar, others invest $10.2 mn in agritech platform Otipy | Riding on pandemic tailwinds, agritech startup Crofarm Agriproducts has raised a $10.2 million (Rs 76 crores) Series A round of financing for its community group buying platform Otipy.
The round was led by global venture capital firm SIG. O... |
| Jul 19, 2021 | Temasek, Falcon Edge Capital lead $220 mn funding in Lenskart | After a decade-long journey to crack the fragmented eyewear market in India, omnichannel D2C retailer Lenskart is on a mission to win the niche space in Southeast Asia and the Middle East. And, powering its ambition are Temasek Holdings and... |
| Jul 16, 2021 | US delivery firm FedEx Corp’s unit to invest in market-bound Delhivery | FedEx Express, a subsidiary of US based logistics major FedEx Corp, will invest $100 million (Rs 744 crore) in SoftBank backed Delhivery that is set to float its initial public offering (IPO).
The two companies will also enter into a commer... |
| Jul 13, 2021 | Antitrust watchdog okays SoftBank's investment in Swiggy | The second largest publicly traded company in Japan, Softbank, has received approval from the Competition Commission of India (CCI) to invest in Bengaluru based Bundl Technologies, which operates local food delivery giant Swiggy.
The $450 m... |
| Jul 9, 2021 | SaaS Firm CRMNext Has Raised USD 16 million In Series B Round co-led By Avataar Ventures and Ascent Capital | Software-as-a-service (SaaS) venture CRMNext on July 8, said it has raised $16 million (Rs 119.5 crore) as part of its Series B funding round co-led by Avataar Ventures and Ascent Capital. The startup will use the fresh funds to develop its... |
| Jul 9, 2021 | Sequoia, Accel, others invest in construction app Powerplay | Sequoia Capital India’s Surge on Friday announced its third investment from latest cohort Sequoia Surge 05 of 23 companies. It said it has co-led a $5.2 million (about Rs 38.8 crore) seed round of funding with Accel Partners into Coffer Int... |
| Jul 8, 2021 | Tiger Global, WestBridge, others lead Series D funding in DealShare | DealShare, a Jaipur based social commerce startup, plans to improve user experience and expand its warehouse network as the segment gains investor momentum in India. On Thursday, the Merabo Labs-operated company said it has secured $144 mil... |
| Jul 2, 2021 | Digit Insurance valued at $3.5 bn in funding round led by Faering Capital | Bengaluru headquartered general insurance company Digit Insurance on Friday said it has reached a valuation of $3.5 billion, a 1.8-time jump from January, after securing $200 million in a funding round led by returning investor Faering Capi... |
| Jul 2, 2021 | Temasek, Multiples lead Series F funding in D2C meat brand Licious | Bengaluru based Licious aims to improve its supply chain and build an omnichannel strategy to stay ahead in the D2C meat and seafood business even as Covid-19 nudges Indians to shop online.
On Friday, Bengaluru headquartered Licious announc... |
| Jun 30, 2021 | Getting to know the 11 Indian companies in Sequoia Surge 05 | Sequoia Capital India on Wednesday announced the fifth cohort of its rapid scale-up program for startups across India and Southeast Asia. The cohort, which is the largest so far in Surge, has 23 companies spread across Singapore, Indonesia,... |
| Jun 30, 2021 | Budget hotels aggregator Treebo raises growth round led by French firm Accor | Budget hotels aggregator Treebo has raised a growth round of Rs 118 crore (approximately $16 million) from a group of investors led by French hospitality firm Accor.
The round also saw participation of Bennett Coleman & Company Limited ... |
| Jun 29, 2021 | CDC invests in Niramai Health to fund research for Covid screening solution | Breast cancer screening startup Niramai Health Analytix on Tuesday said it has received research funding from UK-based development finance institution CDC Group for its Covid-19 screening solution.
The Bengaluru based company did not disclo... |
| Jun 29, 2021 | Prosus CEO Bob van Dijk on India investments, unicorn surge | With a cumulative $6 billion invested in India (as on June 2021), Prosus, the international digital assets arm of South African conglomerate Naspers, is easily one of the most well entrenched technology investors in this market.
Its current... |
| Jun 29, 2021 | Fireside co-leads $40 mn seed round in Thrasio-style platform 10Club | Bengaluru-based 10club, an aggregator of third-party sellers on ecommerce platforms, has raised $40 million (nearly Rs 300 crore) in an outsized seed funding round.
The round was co-led by Bengaluru based consumer sector focused venture cap... |
| Jun 28, 2021 | PUBG developer Krafton leads $9 mn seed round in game streaming platform Loco | PUBG developer Krafton continues to build its presence in the Indian gaming market. After backing NODWIN Gaming earlier this year, the company has now led a $9 million (about Rs 66.8 crore) seed round in Mumbai-based game streaming platform... |
| Jun 25, 2021 | Schneider Electric earmarks up to Rs 400 cr investment in Luminous Power | French industrial giant Schneider Electric, which operates two smart factories in India apart from a centre of excellence in Bengaluru for IoT enabled infrastructure, said on Friday it will invest up to Rs 400 crore (about $54 million) in i... |
| Jun 24, 2021 | Tiger Global leads $65 mn Series C round in Classplus | Classplus, a SaaS based platform that digitises offline coaching institutes, has closed its Series C round at $65 million (Rs 482 crore). The round was led by alternative investment firm Tiger Global Management and valued Classplus parent B... |
| Jun 24, 2021 | Exclusive: WINDO raises seed round led by Unicorn India Ventures | Rare Bits Technology, the Bengaluru based parent of SaaS platform WINDO, has raised $500,000 in a seed round led by venture capital firm Unicorn India Ventures.
Angel investors Meena Ganesh, CEO of Portea; Aravind Sanka, CEO of Rapido; Srin... |
| Jun 23, 2021 | Auto maintenance startup GoMechanic raises Series C funding led by Tiger Global | GoMechanic, a technology-enabled auto after-sales service and spare parts company, on Wednesday said it has raised $42 million (Rs 352 crore) as part of its Series C funding round.
The funding was led by new investor Tiger Global Management... |
| Jun 22, 2021 | Sequoia Capital leads Series A funding in toy maker Skillmatics | Direct to consumer educational toy maker brand Skillmatics plans to double down on its presence in the US as the pandemic fuels the demand for edtech products.
Part of Sequoia’s Surge programme, Skillmatics on Monday announced that it has s... |
| Jun 21, 2021 | Tiger Global, Sequoia lead Series B funding in Progcap | Desiderata Impact Ventures operated Progcap is enroute to building a full stack digital platform for last mile retailers even as businesses, both big and small, rethink their future in a post pandemic world.
On Monday, the company, which fo... |
| Jun 17, 2021 | Avataar Ventures leads $16 mn Series C round in Sense Talent Labs | San Francisco based talent management startup Sense Talent Labs has raised $16 million in a Series C funding round led by Avataar Ventures.
Accel and Google Ventures were returning investors in the round, the startup said in a statement.
Fo... |
| Jun 17, 2021 | Software testing startup BrowserStack raises $200 mn Series B led by BOND | India-born software testing startup BrowserStack has raised $200 million in a Series B funding round led by former Kleiner Perkins partner Mary Meeker’s investment firm BOND. The latest round values the company at $4 billion.
Insight Partne... |
| Jun 16, 2021 | Insight Partners, Tiger Global lead Series B funding in jobtech firm Apna | Apnatime Tech, which operates Apna, a professional network for grey- and blue-collar workers, on Wednesday said it has raised $70 million in a Series B funding round at a valuation of $570 million.
The new funding round was led by New York ... |
