In a pre-seed fundraising round, ITO Angel Network (JAN), India’s only global community-based Angel network, funded an undisclosed amount in observability platform KloudMate, continuing with its vow to help India’s start-up ecosystem from the very early stages of its development. Amitava Saha, Pranab Buragohain, and Bidyut Baruah founded KloudMate, a deep tech platform that discovers … Read more
NextBillion.ai, a Singapore-based spatial data and mapping platform for businesses, announced on Monday that it has secured $21 million in a series B round headed by Mirae Asset Venture Investments. The round included existing investors Lightspeed, M12 (Microsoft’s Venture Fund), and Alphawave, bringing the total money raised since 2020 to $34 million, according to NextBillion.ai. … Read more
SucSEED Indovation Fund, based in Hyderabad, has invested in Ving Hybrid Technologies India Pvt Ltd. Ving Hybrid Technologies is based in Singapore and India and was founded by two ex-Cisco executives. Ving Hybrid wants to democratise Video Conference Rooms by providing a “One Stop VC Room Solution” with the goal of “simplifying cooperation.” Ving offers … Read more
Smplrspace Pte Ltd (Smplrspace), the floor plan platform for app builders, announced today the closing of a pre-seed fundraise of US$600,000 that includes angel investors such as Sam Marks (Coworker) and an AngelCentral syndicate led by Sam Gibb (Resolution Ventures) with participation from Shao Ning Huang (Chief Angel, Angelcentral). “Smplrspace critically augments and fits the … Read more
equipifi, a fintech company providing banks and credit unions with a white label Buy Now, Pay Later (BNPL) solution, completed a $12 million Series A funding round. The investment, led by Curql Collective via Curql Fund and PHX Ventures, will enable equipifi to provide financial institutions with BNPL capabilities available through their existing debit cards … Read more
HappyEasyGo, a fast-growing online travel agency (OTA Platform), currently invested by Samsung Venture Investment, Korea Investment Partners Co. Ltd., M&S Partners Pte. Ltd., CVC Capital Partners, and UOB Venture Management, has raised new funding from its existing shareholders. The funding is backed by the encouraging business trends in the travel industry in the Indian market. … Read more
Mankekar Family Office, Artha Venture Fund, Siddharth Shah, and API Holdings’ Dharmil Sheth, among others, led a $4.5 million pre-Series A fundraising round for Mumbai-based chess institution HobSpace. The money will be used to expand internationally and speed up product development. HobSpace will also put the money on technology to improve the students’ entire experience. … Read more
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 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
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
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
Few sources with firsthand knowledge of the situation said that Singapore’s sovereign wealth fund, GIC, has managed to steal the show by announcing that it is in talks to buy a major minority stake in direct-to-consumer cosmetics and personal care firm Wow Skin Science for $75 million. WowSkin Science, founded in 2014 by brothers Manish … Read more
Fyllo, an agritech firm, has secured $2 million in a round headed by IAN, Triveni Trusts, Ninjacart, and new investors Venture Catalysts, StarAgri, Kia Ora Ventures, Singularity Ventures, Mastermind Capital, and Angel investors. Fyllo, a data-driven Agri-science platform founded in 2019, ensures the quality and quantity of agricultural produce. Their IoT technology identifies and measures … Read more
As part of its Series C round, non-bank lender Vivriti Capital Pvt. Ltd raised an extra $30 million (about Rs 228 crore) from TVS Shriram Growth Fund 3. Vivriti Finance, which provides debt capital to SMEs in India, most recently secured a Series B investment from Lightrock in two tranches, with $100 million in March … Read more
Stord, the cloud supply chain leader, announced today that it has raised an additional $120 million in Series D financing led by Franklin Templeton, bringing the total round to $210 million. Now valued at roughly $1.3 billion, Stord recently crossed $200 million in annualized revenue run-rate and has raised $325 million in total funding. Participants across the entire Series D financing included new investors Sozo … Read more
MoEVing, one of the leading full stack electric mobility platforms, has raised $5 million in seed funding from investors such as BeyondTeq, a UAE-based venture capital firm, GCC family offices, Strides One, TradeCred, N+1 Capital, Nitish Mittersain, and others. MoEVing is well-known for providing solutions to top e-commerce, e-grocery, FMCG, and D2C enterprises to help … Read more
