Prior to its IPO, PB Fintech, the holding company for PolicyBazaar and PaisaBazaar, received Rs 2569.73 crore from 155 anchor investors. The company claimed in a filing with the stock exchanges that the participants included both domestic and overseas investors, with shares distributed at a price of Rs 980 per share. PB Fintech’s initial public … Read more
SHAREit Group, a global technology company, today announced that its file sharing, content streaming and gaming app SHAREit, has been recognised amongst the Top 10 fastest growing apps globally due to a high volume of downloads during Q3 2021. The rankings of the Top Breakout Apps in Q3 are provided by App Annie, which is … Read more
Ravi Kallayil, Sara Kilgore and Pavan Kareti have a collective experience of three decades, working with global footwear brands such as Nike and Adidas. In 2020, the trio quit their dream jobs to build an innovative Made-in-India footwear brand, designed specifically for Indian children, at an accessible price. Since then, they have been doing extensive … Read more
INX Limited, the owner of blockchain-based trading platforms for digital securities and cryptocurrencies, today announced a partnership with Entoro Capital LLC , a leading investment bank for alternative investments and assets, to list Non-Fungible-Tokens offered as securities on INX’s Digital Securities ATS. The partnership comes a few weeks after Entoro, in conjunction with Valhil Capital, … Read more
Admix, the leading In-Play monetization company that bridges the gap between gaming content and brands, today announces that it has raised USD $25 million in a Series B round to scale up its In-Play solution worldwide; and establish it as the content monetization layer for the metaverse. Arriving just one year after Admix’s Series A … Read more
HDFC Bank, Mastercard, U.S. International Development Finance Corporation (DFC), and U.S. Agency for International Development (USAID) today launched a $100 million credit facility to promote and encourage small businesses in India to digitize, while also helping Indian businesses, particularly those that are women-owned, to recover from the economic impacts of the pandemic. COVID-19 has had … Read more
Bitcoin stormed above $66,000 for the first time, riding a wave of excitement about how the financial establishment is increasingly accepting the digital currency’s rise. APNews reported that one Bitcoin was valued at $66,096, as of 4:15 p.m. Eastern time, after earlier climbing as high as $66,974.77. The digital currency has roared back after sinking below $30,000 during the summer to top its prior record … Read more
Masai School, an edtech firm in India, has raised an unknown sum of money from 21 angel investors, including CRED Founder Kunal Shah and Paytm Founder Vijay Shekhar Sharma, among others. Some of the key founders and CXOs of firms including as Paytm, CRED, Pine Labs, NoBroker, Delhivery, and Sharechat are among the investors, according … Read more
NFT communities’ social platform On Tuesday, Hyy.pe announced that it had raised $2 million in its newest investment round, which was headed by Elevation Capital. Electric Capital has previously invested $1.5 million in the Bengaluru-based business. The round included angel investors such as Ryan Adams and David Hoffman (Founders of Bankless), Santiago Roel Santos (Ro … Read more
SelfDecode – an integrated AI platform providing personalized health recommendations based on DNA, labs, and environmental factors – has raised more than $1 million through crowdfunded investments. The ongoing investment round is being run through WeFunder, a leading securities platform that makes angel investing available to average investors, offering opportunities to build a portfolio of … Read more
Education infrastructure startup Teachmint on Monday announced that it has raised $78 million in Series B round led by Rocketship.vc and Vulcan Capital. This round also saw new investors, Goodwater Capital and Epiq Capital, pitch in. The new round brings the 16 month-old startup’s total fundraise to $118 million, making it the fastest such capital … Read more
Gurugram-based influencer marketing automation platform Wobb has raised Rs 2.1 crore in pre-seed round from lead investors Titan Capital led by Kunal Bahl and Rohit Bansal (Snapdeal Founders) and Point One Capital. Founded in 2020 by Ishan Jindal, Wobb is aimed at simplifying influencer hiring and improving measurability using Wobb’s pixel technology, which provides data including sales, traffic, impressions … Read more
BharatPe, India’s fastest-growing Fintech firm, announced today that it has raised Rs. 100 crores (US$ 14 million) in debt from MAS Financial Services Private Limited (MAS Financial), one of India’s leading non-banking financial companies dedicated to being a leading distributor of financial services and creating value on a large scale. This is the company’s sixth … Read more
