Entreprenuernewsnetwork

KaraStar Closed Multiple Million Fundraising from Major Exchange KuCoin

Karastar, a metaverse game publishing company headquartered in Singapore, today announced a strategic investment by KuCoin. Started in 2017, KuCoin is now a global cryptocurrency exchange with over 8 million users around the world. According to CoinMarketCap, KuCoin is the 6th largest crypto exchange with over 60 billion daily transaction volume. Also, Forbes named KuCoin … Read more

Dragonboat Raises $12M Series A Led by Insight Partners

Dragonboat, the fastest growing product portfolio management platform, today announced a $12M Series A round led by New York-based global private equity and venture capital Insight Partners, with participation from existing investors Act One Ventures, Roble Ventures and GingerBread Capital. The round quickly follows the company’s $3M seed announcement in July and 500% growth since … Read more

AgentSync Secures $75M at a $1.2B Unicorn Valuation

AgentSync, the company building technology to power growth across the insurance industry, today announced a $75 million Series B at a $1.2 billion valuation, making AgentSync the only unicorn building infrastructure specifically designed to make the $1.3T US insurance industry run more efficiently. Led by Valor Equity Partners with participation from Craft Ventures, Tiger Global, … Read more

Simplified secures $8.5 million in seed funding to take on Canva with an all-in-one content creation app

Simplified, the AI-powered content creation, and marketing platform announced its $8.5 million seed funding round led by Craft Ventures with participation from Khosla Ventures and Wing Venture Capital participation. The round included notable investors like Uncorrelated Ventures, 8-Bit Capital, Mads Johnsen (CPO, Calm), Manik Gupta (Corporate Vice President, Microsoft) Ankur Nagpal (Founder of Teachable, Vibe … Read more

Suki Announces 55 Million USD Series C Funding Round

Suki, the leader in voice artificial intelligence (AI) technology for health care, announced today that it has closed a Series C funding round of $55 million, led by March Capital, with additional support from Philips Ventures, and all previous investors including Venrock, Flare Capital, Breyer Capital, and inHealth Ventures. The round is also comprised of … Read more

Y Combinator-backed Jupe Announces $9.5M Seed Round Led by Initialized Capital

Housing technology startup Jupe announced $9.5 million in seed funding led by Initialized Capital with participation from Y Combinator. The money will be used to hire a CTO and a wider team of software and hard tech engineers and to execute its mission to make off-grid mobile living more affordable, faster, and efficient. Since launching … Read more

Binance Asia Services Takes Strategic Stake in Singapore-Based HG Exchange

Binance Singapore

Binance Asia Services, the blockchain ecosystem and cryptocurrency provider behind Binance.sg, today announced its post-money stake of 18% in Hg Exchange (HGX), subject to regulatory requirements. HGX is Southeast Asia’s first member-driven private securities exchange, founded by leading financial institutions PhillipCapital, PrimePartners, and Fundnel, and powered by Zilliqa’s high-performance blockchain. Earlier this year, HGX was granted a … Read more

Edtech startup PlanetSpark raises $13.5M in Series B

PlanetSpark, a Gurugram-based edtech business, raised $13.5 million in a Series-B fundraising round led by Prime Venture Partners and prominent global entrepreneurs Binny Bansal, Deep Kalra, Dr Ashish Gupta, Gokul Rajaram, and Shirish Nadkarni on Tuesday. PlanetSpark, founded in 2016 by Maneesh Dhooper and Kunal Malik, provides live 1:1 public speaking and creative writing workshops … Read more

RateGain Travel Technologies raises Rs 599 crore from anchor investors

RateGain, a travel and hospitality software-as-a-service (SaaS) startup, launched an Initial Public Offering (IPO) today to collect Rs 1,336 crore. The price range for each share has been set at Rs 405 to Rs 425. The company announced that it has raised Rs 598.83 crore from 34 high-profile investors ahead of the public subscription opening. … Read more

LenDenClub raises $10M in Series A round

LenDenClub, a peer-to-peer (P2P) lending network, has raised $10 million in Series A funding. Founded in 2014 by Bhavin Patel and Dipesh Karki, the Mumbai-based platform now claims to have over 2.5 million borrowers and one million investors/lenders across India, with loan disbursements totaling over Rs 2,000 crore, with Rs 1,200 crore in the first … Read more

CpaaS company CometChat raises $10M in Series A Funding

CometChat, a CpaaS firm based in Denver and Mumbai, revealed on Tuesday that it had raised $10 million in a Series A fundraising round. CometChat, founded in 2010 by brothers Anuj and Anant Garg, is a communications platform for businesses that offers plug-and-play text, chat, video, and audio communications solutions that can be connected into … Read more

AgroStar raises $70M Series D investment

Agrostar, an agritech firm, has secured $70 million in a Series D round led by Evolvence, global asset manager Schroders Capital, Hero Enterprise, and the UK’s development finance organisation CDC. AgroStar, founded by Shardul and Sitanshu Sheth, has one mission: “Helping Farmers Win.” It uses data and technology to address farmers’ issues with access to … Read more

Insurtech firm Probus Insurance raises $6.7M

Probus Insurance, a Mumbai-based insurtech company, has raised $6.7 million in a fundraising round headed by BlueOrchard Impact Investment Managers of Switzerland. Probus, which began as a typical insurance brokerage firm in 2003 and has now evolved into a tech-enabled platform, has built a strong framework and ecosystem in the online retail distribution arena. Probus … Read more

MoEngage raises $30M in Series D Funding

Moengage, a Bengaluru-based insights-led consumer engagement platform, announced on Tuesday that it had raised $30 million in Series D funding, more than doubling its previous Series C1 investment of $32.5 million in July. Steadview Capital led the investment, with existing investors Multiples Alternate Asset Management, Eight Roads Ventures, F-Prime Capital, and Matrix Partners also participating. … Read more

Western Digital associates with Red Chillies Entertainment as Digital Storage Partner

SanDisk, a brand from Western Digital and trusted by professional content creators worldwide, has partnered with Red Chillies Entertainment Pvt. Ltd for their recently released crime thriller film- ‘Bob Biswas’. The movie revolves around the protagonist, who suffers from memory loss and has difficulty recalling his criminal past. In line with this, Western Digital has … Read more

Hometap Raises $60 Million in Latest Funding Round from New and Existing Investors

Hometap, which provides a smart, new loan alternative for tapping into home equity without taking on debt, today announced it has raised $60 million of new operating capital in a funding round led by American Family Ventures along with new and existing investors including Bain Capital, ICONIQ Capital, LLC, G20 Ventures, Pillar, and General Catalyst. … Read more