Salesforce, the global leader in CRM, today announced the launch of its new Salesforce Startup Program in India, designed to enable startups to innovate, augment customer connections and scale their ventures to the next level. This program, debuting in India, is uniquely designed to provide disruptive startups with access to Salesforce technology, experts, ecosystems, as well as business … Read more
Unbox Robotics, a supply chain robotics technology firm based in Pune, has secured $7 million in a Series A round led by 3one4 Capital and including Sixth Sense Ventures and Redstart Labs (Info Edge). The current round of investment brings the total amount raised to $9.1 million. Through trials and pilots, the firm has already … Read more
Pre-owned vehicle ecommerce platform Cars24 has raised $400 million in finance, which includes a $300 million Series G equity round and a $100 million debt round from a variety of financial institutions. Return investor Alpha Wave Global (previously known as Falcon Edge Capital) led the Series G equity financing, which included participation from other existing … Read more
Depixus®, a biotechnology company developing a unique technology for the fast, accurate, and straightforward extraction of multiomic information from DNA, RNA, and proteins, today announces it has raised EUR 30.6 million in an oversubscribed Series A financing. The funds will be used to further develop its proprietary MAGNA™ instrument system, workflows, and reagents towards commercial launch. The round was co-led by … Read more
Evenflow, an e-commerce roll-up platform, has received an unknown amount of money from Village Global, Venture Catalysts, and 9Unicorns in a pre-Series A round. Emil Michael, Anand Chandrasekaran, Vijay Shekhar Sharma, Kunal Shah, and MageHold, among others, were among the angel investors who took part in the round. The new money will be used to … Read more
Mio, the leading provider of chat interoperability, today announced its Series A financing round of $8.7 million, led by Zoom Video Communications, Inc. and Cisco Investments. Mio will use the funds to enhance its messaging interoperability service for enterprise customers. Users of team collaboration apps like Zoom Chat, Microsoft Teams, Slack, and Webex by Cisco can use Mio … Read more
Shiprocket, a logistics start-up, has signed definitive agreements to raise USD 185 million (INR 1,380 crore) in a Series E fundraising round led by Zomato Ltd, Temasek, and Lightrock India. On this transaction, Avendus Capital served as Shiprocket’s only financial advisor. The newly raised funds will aid the company in furthering its aim to democratise … Read more
Discovery, Inc., the world’s leading provider of live entertainment, announced today that it has acquired the assets, technology, and intellectual property of ZEDO, an advertising technology firm with offices in the United States and India. The acquisition will bring ZEDO’s technology in-house, allowing Discovery’s ad solutions to innovate more quickly. This acquisition adds significant ad … Read more
CrossTower, one of the world’s fastest and leading crypto and digital asset exchanges in partnership with US-India Strategic Partnership Forum (USISPF) released its research report on “India’s USD 1.1 trillion Digital Asset Opportunity”. The report highlights India as having the potential to add USD 1.1 trillion of economic growth to its GDP by 2032. It … Read more
CyCognito today announced it has raised a $100 million Series C funding round led by The Westly Group—just 3.5 years after the company was founded in 2017. New investors Thomvest Ventures and The Heritage Group joined the round alongside existing investors Accel, Lightspeed Venture Partners, Sorenson Ventures and UpWest. This new financing round brings the … Read more
8i Ventures, based in Mumbai, has secured $50 million for its Fund II, with the goal of investing in fintech firms since the creator believes that “every customer friction point in finance and consumer represents a billion-dollar startup opportunity.” In 2020, the early-stage investment firm will raise its first fund of $13 million. 8i Ventures, … Read more
Leading crypto payments infrastructure provider, Moonpay just closed a $555 million Series A financing to rapidly accelerate its global footprint, invest in its world-class team, and underwrite an expanding number of innovations in the crypto economy. The funding, which has sent the crypto start-ups’ valuation to $3.4 billion marks yet another massive funding in the … Read more
Award-winning education funding startup, Stride Funding, announced the closing of a $12 million Series A financing round led by Firework Ventures, co-founded by Brigette Lau and Ashley Bittner. Other investors include impact investors such as Juvo Ventures and Graham Holdings — alongside previous investors GSV Ventures, Slow Ventures, and Sinai Ventures. Several industry and academic … Read more
Slice, a Bengaluru-based financial firm, is the latest unicorn to join the club, with a five-fold increase in valuation to $1 billion in just six months. In a Series B round headed by New York-based investment companies Tiger Global and Insight Partners, the startup, which distributes credit cards targeted towards young professionals, raised $220 million. … Read more
Infomo Global Ltd. today announced a strategic merger with the Indian ad-tech platform – TorcAI to enable its alliance partners to offer an integrated ecosystem that addresses the emerging needs of large publishers, publisher consortiums, telecom carriers, agencies, and brands across the vast global marketplace. Most governments have introduced new laws to safeguard consumer privacy, … Read more
K&L Wellness, a healthtech firm, announced that it has raised Rs 30 crore in a seed round from Manjushree Ventures’ Vimal and Surendra Kedia, as well as Sohamm Group’s Narendra Firodia. In the field of integrative and lifestyle medicine, K&L was founded by serial entrepreneur Karan Talreja and holistic lifestyle coach Luke Coutinho to provide … Read more
Inzpira, an AI-powered, on-demand live language learning and soft-skills training platform for adults and children, said that it had raised Rs 2.3 crore in seed funding. Inzpira, which was founded in 2020, is changing the way people learn English and soft skills with its AI-enabled platform, which allows users to study at their own pace … Read more
ETMONEY, one of India’s fastest growing investments and wealth management platform, has crossed the milestone of 3 billion US dollars’ (INR 22,500 Crores) of total mutual fund investments being managed on the platform. The current value of investments made through ETMONEY has crossed $1Bn itself while another $2Bn of investments are being actively managed by … Read more
OncoCoin AG, a fully-owned subsidiary of Innoplexus AG which is a leading international Artificial Intelligence (AI) and Blockchain-based Drug Discovery and Development company with 43 patents and more than 116+ patent applications, is going to launch ‘AMRIT’, one of the leading, decentralized and GDPR compliant Real World Data (RWD) exchange to fuel AI for patient’s … Read more
Advantage Club, a Gurugram-based HR Tech firm, said that it has raised approximately $5 million in a Pre-Series A round from Y Combinator, Jetty Ventures, Earlsfield Capital, SMC Advisors, Kunal Shah, and others. The company was founded in 2014, has revealed that it plans to increase its employment from 70 to 170 people. The recruiting … Read more
