Kyte, the company pioneering cars delivered to you on-demand for daily, weekly or monthly use, today announced $60M in Series B growth equity financing. The round is led by InterAlpen Partners, whose founder, Stephen George – an early investor in Tesla and SpaceX – is joining Kyte’s Board. Other new investors include Valor Equity Partners, Anthemis, Citi Ventures, and … Read more
Bangalore based tech enabled financial services start-up InPrime has raised $1.45 Mn in seed money from InfoEdge Ventures, Titan Capital, Kettleborough VC and other marquee investors. As a new entrant into the financial sector, InPrime will strategically focus on the emerging financial needs of the prime layer of customers within informal segment. The firm plans … Read more
1Digi Ventures, the family office of founder and global CEO of actyv.ai, Raghu Subramanian, has announced that it is investing an undisclosed amount in a B2B ecommerce platform Kneady, a one-stop marketplace for hotels, restaurants, and catering businesses. Kneady (https://www.kneady.in/) is the first of its kind startup that caters to everyday requirements of hotels and … Read more
Hyderabad-based Askmeoffers, a leading global, multinational technology company offering high-quality discounts and vouchers be it electronics, footwear, factory equipment, books, jewellery, Fashionwear, Hotels, Travel, Everyday rides and hundreds more categories have surpassed 5 million plus subscribers recently. Askmeoffers in its initial stages of launch initially started as an online book marketing platform. The company later expanded … Read more
The cashback and coupon platform CashKaro revealed on Thursday that it had successfully raised 130 crore ($15.7 million) in a Series C investment round led by Affle Global Pte. Ltd. Ratan Tata is backed the platform’s operator, Pouring Pounds India Pvt Ltd. This current funding was led to Pouring Pounds UK, the parent business of … Read more
FLX Networks, the technology platform modernizing the engagement between asset and wealth management firms, today announced a capital raise of $10 million. The growth equity round, which values the company at approximately $50 million, was led by global investment manager Barings, with participation from industry leaders Allianz Life Ventures and Broadridge Financial Solutions. The raise reflects cross-industry confidence in the platform … Read more
In an exciting Q4 announcement from the largest and fastest growing payments services provider in the MENA region, HyperPay has unveiled a new logo, along with a complete brand overhaul in view of exciting expansion plans set for 2023. The news comes on the heels of HyperPay’s recent SAR 138M funding round led by Mastercard, with investments … Read more
As conversational commerce becomes more mainstream, Uber’s Hyderabad-based engineering team has led the integration of Google Assistant into the Uber Eats app, making voice ordering a reality for eaters across the globe. As consumers across the world get used to voice commands to get most of their daily needs met, ordering food and groceries through … Read more
Local butcher stores sourcing and tech enabling startup “The Meat Chop” based out of Chennai on Tuesday announced that it has raised INR 7 crores in seed funding from Mohan K Co-Founder IppoPay, Ankur Agarwal Co-Founder Dunzo, Meenakshi Sundaram, Jaikumar R Co-Founder IppoPay, Rahul Mahipal Founder Capitar Ventures, Omar Bin Brek Founder & CEO Foloosi a UAE based FinTech, Amith D’Souza … Read more
Bahrain’s investment promotion agency, the Bahrain Economic Development Board (Bahrain EDB), announced its participation in the Singapore Fintech Festival (2-4 November) with the aim to support fintech and financial services companies tap into MENA market through Bahrain. During the first three quarters of 2022, Bahrain EDB has supported nine financial services companies to setup or expand in Bahrain, … Read more
Eagle Genomics, the pioneering TechBio platform business applying network science to biology, today announced the USD 20 million first close of its scale-up funding round. The investment will support further development of the data scientist platform and will continue to drive expansion into global markets and the deepening of client impact. The round is being … Read more
Icertis, the contract intelligence company has announced it has secured $150 million in funding comprised of a revolving credit facility and convertible financing from Silicon Valley Bank. The funds will enable Icertis to further extend the company’s leadership position in the burgeoning CLM category by accelerating the application of transformational technologies like artificial intelligence, machine learning, and … Read more
International investors Franklin Templeton, VPE Capital and Vedra Partners are among a growing number of firms targeting Kazakhstan, according to a major new report. Economic and political reforms are helping transform sentiment towards Kazakhstan – attracting prominent investors as well as businesses, with satellite company OneWeb and US technology group Honeywell the latest companies to commence operations in the … Read more
LUMIQ has raised Rs 44.1 crore or $5.5 million in its Series A round led by existing investor Info Edge Ventures. In 2022, this is the 1st round of investment for the Data and Analytics company which builds datastack products and solutions, with a pure Financial Services and Insurance (FSI) focus. In this round, Info Edge Ventures spearheaded the round … Read more
Gabbi, the risk assessment and care navigation company, today announced it has raised a round of $4.4 million to help tackle its mission of ensuring breast cancer is detected at the earliest possible stages when it is a treatable, survivable disease. Bread and Butter Ventures led the round which also saw participation from Female Founders Fund, WR … Read more
Canary Technologies, which is modernizing the hotel tech stack with the first fully mobile web end-to-end Guest Management System and its award-winning Digital Authorization solution, announced today that it has raised an additional $30 million in Series B funding led by global software investor Insight Partners, with continued participation from F-Prime Capital, Y-Combinator, Thayer Ventures, Commerce Ventures, … Read more
