Entreprenuernewsnetwork

NFT Genius Announces $150M Valuation After Securing $10.5M Series A Funding

NFT Genius, a company developing world-class experiences and marketplace technology  to the NFT market, announced today a $150M valuation following the close of a $10.5M Series A funding round led by Dapper Labs, Spartan Labs, Commonwealth Asset Management (CWAM), and Fundamental Labs. Spartan, One Football, and Unibanco also participated in the round. NFT Genius was founded by Jeremy Born, Kurt Braget, and Karl Meier. … Read more

Jungle Ventures announces a $600Mn fund close, crosses $1Bn in AUM

Jungle Ventures, based in Singapore, has announced a $600 million Fund IV close, including $450 million in the main fund and $150 million in additional managed commitments. This takes Jungle’s total Assets Under Management (AUM) to over $1 billion, making it the first independent Singapore-based VC firm to do so. Jungle invests across Southeast Asia … Read more

TIFIN closes $109 million in Series D at a $842 million valuation

TIFIN, a fintech platform using artificial intelligence (AI) and investment-driven personalization to shape the future of investor experiences, today announced the successful closing of $109 million in a Series D financing round. Franklin Resources (NYSE: BEN), a global investment manager operating under Franklin Templeton, and Motive Partners, a next-generation investment firm focused on technology enabled companies that power … Read more

Indiabulls Real Estate Raises ₹8.65 billion (US$114 million) at ₹101.10 per Equity Share through Qualified Institutional Placement

Indiabulls Real Estate Limited (NSE: IBREALEST) (BSE: 532832), announced that it has successfully completed a capital raise of ₹8.65 billion (US$ 114 million) at ₹101.10 per equity share through Qualified Institutional Placement. Trading of these shares will commence today  i.e.  April 18, 2022, on NSE and BSE. The fund-raising committee of the Board of Directors of … Read more

Glia Exceeds $1B Valuation as Total Funding Surpasses $150 Million

Glia, the leading provider of Digital Customer Service (DCS), today announced $45M in Series D funding led by New York based-global venture capital and private equity firm Insight Partners and joined by existing investor Wildcat Capital Management as well as new strategic investors, including RingCentral Ventures™. This latest round of financing brings Glia’s total funding … Read more

Swiggy raises $700M investment led by Invesco reach at a valuation of $10.7B

Swiggy, the foodtech unicorn, has secured $700 million from Invesco, six months after raising $1.25 billion. Swiggy is now worth $10.7 billion, up from $5.5 billion previously. This investment comes at a time when food and online grocery are becoming more popular, and consumer demand for Swiggy’s services is increasing. While the food delivery business … Read more

Novo Raises USD 90 Million at a USD 700 Million Valuation

Novo

Novo, the powerfully simple small business banking platform, today announced that the company has raised $90 million in Series B funding at a $700 million valuation. Stripes led the round, with continued participation from existing investors Valar Ventures, Crosslink Capital, Rainfall Ventures, and BoxGroup. This latest round brings Novo’s total funding to more than $135 … Read more

Mamaearth Enters Unicorn Club, Raises $ 52M Led By Sequoia At 1.2B Valuation

Honasa Consumer Pvt. Ltd. (HCPL), the parent company of Mamaearth, The Derma Co., and the fastest growing personal care House of Brands, has closed a USD 52 million round led by Sequoia Capital, solidifying the business’s leadership in the D2C personal care space. Sofina Ventures SA, a Belgian investment firm, and Evolvence, a UAE-based India-focused … Read more

AgentSync Secures $75M at a $1.2B Unicorn Valuation

AgentSync, the company building technology to power growth across the insurance industry, today announced a $75 million Series B at a $1.2 billion valuation, making AgentSync the only unicorn building infrastructure specifically designed to make the $1.3T US insurance industry run more efficiently. Led by Valor Equity Partners with participation from Craft Ventures, Tiger Global, … Read more

In Its Latest Funding Round, Cars24 May Reach A Usd 3 Valuation

Cars24

According to media sources, Cars24, an online marketplace for selling used automobiles, is in advanced talks to raise a $250-300 million fundraising round led by its existing backer Falcon Edge. Vikram Chopra, Mehul Agrawal, Ruchit Agarwal, and Gajendra Jangid founded Cars24 in 2015, and it became a unicorn last year after a $200 million fundraising … Read more

Digiboxx a Caas platform Reaches $15 Mn valuation

Digiboxx a startup offering cloud storage as a service has raised further financing, bringing its total pre-series A funding to $15 million. CapGro Private Ltd led the investment round. The funds will be invested in product development, expanding into new markets, scaling operations, expanding the company’s personnel, and enhancing its technology platform. Digiboxx, a digital … Read more

Nykaa IPO subscribed 81.78 times on final day

nykaa-logo-ipo

On the last day of subscription on Monday, FSN E-Commerce Ventures Ltd’s maiden share-sale, which runs the online marketplace for beauty and wellness items Nykaa, was subscribed 81.78 times, owing to strong demand from institutional investors. According to NSE data, the Rs 5,352 crore IPO attracted bids for 2,16,59,47,080 shares against the 2,64,85,479 shares on … Read more