In a Series G fundraising round headed by Alpha Wave Global (Alpha Wave Ventures II), Tiger Global, and SoftBank Vision Fund 2, Gurugram-based OfBusiness, which operates an online B2B marketplace for enterprises, raised $325 million (Rs 2,465 crore). Alpha Wave Global put in about $175 million in this round, while Tiger Global and SoftBank put … Read more
Hevo, a SaaS firm based in San Francisco, revealed today that it has raised $30 million (about Rs 228 crore) in a Series B fundraising round headed by Sequoia Capital India, Qualgro, Lachy Groom, Chiratae Ventures, and angel investors. Sequoia’s Surge, Qualgro VC, Lachy Groom, and Chiratae Ventures had previously invested $8 million in the … Read more
S Chand, a New Delhi-based education content company, has decided to buy a minority position in iNeuron Intelligence Private Limited, a Bengaluru-based edtech startup. Mukesh Sharma Family Trust, S Chand Directors, S Chand Key Managerial Personnel, and others have also invested in the round. Mr. Mukesh Sharma, a co-investor, is a serial entrepreneur and educator … Read more
Global online trading brand Swiss Crypto Bank has officially announced an interesting collaboration with veteran and trusted trading platform MetaTrader 4. According to Swiss Crypto Bank’s spokesperson, Anthony Barone, this is the optimal solution for today’s trading environment, and more importantly, for tomorrow’s one as well. “We see that thousands worldwide are already showing interest in our … Read more
Harvard Business School Online is announcing a new certificate course taught by Srikant Datar, Dean of Harvard Business School, called Design Thinking and Innovation. The course will help leaders be more inventive and creative in their approach to strategic initiatives and problem-solving. Datar, the George F. Baker Professor of Administration, has held many leadership roles at Harvard Business … Read more
MoEVing, India’s leading e-mobility technology platform, today announced its total seed funding of USD 5 million, including USD 1 million raised earlier this year, from accomplished entrepreneurs, private equity and investment banking professionals and automotive industry experts. The investors in the latest round include D.S. Brar, Promoter-Chairman, Aragen Life Sciences; Anshuman Maheshwary, COO, IIFL Wealth and Asset Management; Dr. … Read more
Atomberg Technology, a consumer product company, has raised $20 million in growth funding from Jungle Ventures and Inflexor Ventures. Existing investors such as A91 Partners and notable angel investor Ramakant Sharma, Co-founder of Livspace, also participated in the round. Atomberg, founded in 2012 by Manoj and Sibabrata Das, invented the ‘Brushless DC Motor’ (BLDC) technology … Read more
Bureau, a frictionless identity verification and fraud protection platform, announced on Thursday that it has raised $12 million in a Series A round led by Quona Capital and Commerce Ventures, with participation from Okta Identity and strategic angels Mark Britto, EVP Chief Product Officer at Paypal, and Bobby Mehta, Retd. President and CEO of TransUnion. … Read more
Wipro Limited, a leading global information technology, consulting and business process services company, today announced that it has signed an agreement to acquire LeanSwift Solutions, a Florida, US headquartered system integrator of Infor Products whose service capabilities include ERP, e-commerce, digital transformation, supply chain, warehouse management systems, business intelligence and integrations. LeanSwift has development offices across … Read more
Coinsbit India has received massive response from the community, onboarding 1+ million KYC verified users, to become India’s fastest growing exchange. They also organized India’s largest Airdrop yet with CIN, giving out users upto $200 worth of CIN tokens. Besides this Coinsbit India also introduced our 5-level referral scheme and staking options in addition to the … 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
Metro Brands Ltd, a footwear retailer backed by ace investor Rakesh Jhunjhunwala, announced on Thursday that it has raised a little over Rs 410 crore from anchor investors ahead of its IPO on Friday. According to a BSE circular, the company has allotted 82.05 lakh equity shares to anchor investors at Rs 500 each, bringing … 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
FinTech provider Quavo Fraud & Disputes announced the company completed a Series A financing round led by FINTOP Capital. The Series A completion is a testament to Quavo’s recent and potential growth as the world’s only provider of fully automated, cloud-based fraud and dispute management SaaS offerings for issuers. Quavo’s chargeback management offering for issuing … 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
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
India’s leading digital ecosystem for consumers and merchants (1) Paytm today announced that its wholly-owned subsidiary Paytm Money has launched ‘Margin Pledge’ feature. The feature will allow users to pledge their existing stocks and ETFs in return for a collateral margin that can be used for trading in stocks, ETFs, futures, and options. Investors holding … Read more
Recordent, a non-banking payment bureau fintech business, has raised $400,000 in angel finance from the Kantamaneni Family Office, IIM Calcutta Innovation Park, and other angel investors from India and the United States. Recordent works closely with more than 50 SME industry associations and wants to continue forming significant collaborations in order to offer value to … Read more
