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Masterschool announces $100 million Seed round to build the largest network of career schools in the world

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Masterschool, a network of tech career-training schools, announced a $100 million seed funding round led by Group 11, with significant participation from Target Global, Pitango Ventures, Dynamic Loop Capital, Sir Ronald Cohen, and other strategic investors. With 1 million unfilled IT jobs in the US alone, the tech talent shortage is one of the biggest challenges facing companies today and … Read more

Cayaba Care Secures $12M in Series A Funding

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Cayaba Care, a maternity health startup, announced today the closing of a $12 million Series A round that will work to expand the company’s footprint within underserved populations. The funding will be used to increase staff, launch in additional markets and further invest in technology solutions that will increase access to much-needed holistic maternity services. The Series A … Read more

Rail Cybersecurity Leader Cylus named Sandeep Joshi to Advisory Board

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Cylus, the global leader in rail cybersecurity, announced today the addition of Sandeep Joshi to its advisory board. Joshi brings over 35 years of experience and expertise in mobility, business management, operations, and engineering, particularly in the rail sector, and will bolster Cylus’ continued growth in India and throughout Southern Asia. Joshi served previously as Managing Director at Alstom, where … Read more

Relocation platform HappyLocate raised $1.1 million in Pre-Series A Funding

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Inflection Point Ventures led a $1.1 million Pre-Series A financing for Bengaluru-based relocation platform HappyLocate. The round was also attended by VM Ventures and RMZ Management. The money raised will go toward improving operational efficiency and expanding the company’s reach. HappyLocate has become the most sought-after solution for more than 50 enterprise clients, including Fortune … Read more

Pressto Announces $1.5 Million Pre-seed Round

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EdTech startup Pressto is proud to announce its Pre-Seed Capital raise of $1.5 million led by Tidal Venture Partners and with participation by Copper Wire Ventures as well as angels including Isa Watson (Lightspeed Ventures Scout Fund), Wray Thorn (Clear Heights Capital), Dan Carroll (Clever), Ann Berry (Threadneedle Ventures), Jacob Zachs (former Newsela), Chris Yeh (Blitzscaling Ventures) and Alex Rappaport (Flocabulary). Pressto’s proprietary technology makes learning to write fun for kids and easy for teachers. … Read more

Bit.Store and Qtum, Marching Towards Internationalization

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QTUM, an open-source public blockchain platform, will be partnering with global digital asset investment platform Bit.Store. As per the partnership, Qtum will access the payment ecosystem of Bit.Store, while Bit.Store will incorporate the QTUM token into the platform system. Bit.Store has accumulated hundreds of thousands of users and is popular in the Southeast Asian market. … Read more

Coins.ph Raises $30 Million in Series C Financing to Accelerate Investment in Web3

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Coins.ph, the Philippines’ leading fiat, and crypto wallet services provider and Joffre Capital portfolio company, today announced the successful completion of a $30 million Series C financing led by Ribbit Capital, and joined by other strategic investors. The new capital will be used to further expand its Web3 ecosystem and presence throughout Southeast Asia. Coins.ph … Read more

Fortis Digital Ventures raises $100 million funds focused on altcoins

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Fortis Digital Ventures is raising $100 million for an altcoin-focused digital assets fund. The fund attempts to bridge the gap between traditional and decentralised finance, according to a statement provided with CoinDesk by the company. Fortis Digital Ventures was founded by the managing partners of Fortis Financial Group, a Seattle-based investment firm with over $250 … Read more

SaaS firm SirionLabs snags $85 mn in Series D Funding

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Contract Lifecycle Management (CLM), a way of managing contracts from start to finish, including award, compliance, and renewal, can be costly to businesses. According to World Commerce and Contracting, the average cost of a simple contract is $ 6,900, with more complex contracts costing roughly $ 49,000. Many entrepreneurs, including United Lex co-founder Ajay Agrawal, … Read more

Smytten raises Rs 100 Cr in Pre-Series B funding led by Fireside, Roots Ventures

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Smytten, a product discovery and trial platform powered by technology, has raised Rs 100 crore in Pre-Series B funding from Fireside Ventures and Roots Ventures. Sharrp Ventures, Waao Partners, Survam Partners, and Sattva Group Family Office also participated in the fundraising round. The company’s valuation, while secret, has doubled as a result of this funding. … Read more

O’2 Nails India raises second funding from Atal Incubation Center – BIMTECH

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O’2 Nails, a fast-growing consumer and fashion retail firm specialising in nail care, has acquired $75,000 in funding from Atal Incubation Centre – BIMTECH and other notable investors as part of the Government of India’s Startup India initiative. The Seed Fund Scheme provides capital in the form of debentures. Under their “Gurukul” programme, AIC – … Read more

web3 games marketplace Tegro Reveals $1 mn Grant for Game Developers

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Web3 games marketplace based in India Tegro has launched a one-million-dollar award for web3 game creators. Developers can apply for up to $25,000 in funding for their projects with no strings attached. Successful candidates will receive advice on how to improve the quality of their web3 games from a founding team with extensive expertise creating … Read more

Jungle Ventures announces a $600Mn fund close, crosses $1Bn in AUM

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Jungle Ventures, based in Singapore, has announced a $600 million Fund IV close, including $450 million in the main fund and $150 million in additional managed commitments. This takes Jungle’s total Assets Under Management (AUM) to over $1 billion, making it the first independent Singapore-based VC firm to do so. Jungle invests across Southeast Asia … Read more

Insurtech startup Bimaplan named Avinash Gaikwad as Chief Strategy Officer

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Avinash Gaikwad has been named Chief Strategy Officer of Bimaplan, a Y Combinator-backed new-age insurtech platform that makes affordable insurance plans available to everyone. The new appointment is being made with the goal of strengthening Bimaplan’s core team and advancing the company’s ambition of insuring 10 million lives by 2025. Avinash was previously the practise … Read more

Ventura Securities named Arpan Sen as CTO

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Ventura Securities Ltd., one of India’s leading securities firms, accelerates ahead in its digital transformation path with the appointment of Arpan Sen as Chief Technology Officer (CTO). Early last year, the securities entity had appointed Manu Monga, moving in from Axis Bank, as Executive Director-Digital Transformation to streamline Ventura’s digital initiatives. These moves underline Ventura’s commitment towards … Read more

Heartex Raises $25 Million Series A Funding

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Heartex, the company behind the leading open source data labeling platform Label Studio, today announced it has raised $25 million in Series A funding, bringing the company’s total raised to $30 million. Redpoint Ventures led the round, with participation from existing investors, including Unusual Ventures, Bow Capital, Swift Ventures and some notable angel investors. Satish Dharmaraj, managing director at Redpoint … Read more

Robert Downey Jr.’s FootPrint Coalition Ventures Joins Motif FoodWorks in its Effort to Reimagine Plant-Based Foods

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Motif FoodWorks, the Boston-based food technology company making plant-based food better tasting and more nutritious, today announced an investment by Robert Downey Jr.’s FootPrint Coalition Ventures. Along with the investment, the companies will partner on the development of new-to-the-world plant-based food forms. Separately, Motif also unveiled an expanded product portfolio—in addition to its food technologies—for … Read more

Edtech Firm Jaro Education Takes a Quantum Leap in Revenue and Profitability in FY 2021-22

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Jaro Education, a leading Edtech firm imparting the best online and blended learning executive education programmes for working professionals, has successfully closed FY 21-22 with almost 710% year-on-year jump in its profit and 125% in revenue. The profit for FY 21-22 was registered at INR 34.29 CR as compared to INR 4.23 CR for FY 2020-21. Revenue … Read more

Ed-tech Startup Camp K12 Launches Hatch Kids: Metaverse and AR/VR Creation Platform for Kids

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Camp K12, an ed-tech startup building a global online school for 21st-century skills, today announced the launch of Hatch Kids, its very own Metaverse and AR/VR creation platform for young learners. Camp K12 originally built the Hatch Kids platform for use in its own programming courses, but after witnessing strong demand from educators and students while … Read more

Crypto Startup KaJ Labs Raises $400M Seed Round Led by GEM Digital For Lithosphere’s (LITHO) Development

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KaJ Labs made headlines with the announcement of its blockchain platform Lithosphere and its unique interoperability capabilities. The foundation just announced that Lithosphere has sold $400 million LITHO tokens to Global Emerging Markets (GEM) digital, Four capital and individual investors. GEM is a $5 billion alternative investment group based in the Bahamas. This deal marks … Read more