Edtech firm Vedantu bags $7 Mn in Fresh Funding

Edtech startup Vedantu has raised $7 Mn in the ongoing Series C2 round, according to company’s latest regulatory filings. The South Korean Investment firm KB Global spearheaded the latest round. No other investors reportedly participated in the round. Edtech startup Vedantu secures $7.2 Mn in ongoing series C2 round Previous to this round, the Bengaluru based startup…

ByGirish ShettiApril 23, 20200Comments

Funding News

Foodtech Major Box8 raises Fresh Funds

The full-stack foodtech delivery player Box8 has raised fresh funds to ramp up its business. The company saw a capital infusion of INR 30 crore in a round that saw a mix of debt and equity investments. The round was led by existing investors IIFL Seed Ventures Fund and Mayfield Fund. Foodtech Major Box8 secures INR…

ByGirish ShettiApril 18, 20200Comments

Funding News

Digital Platform ‘The Morning Context’ Secures Seed Funding

The digital media platform, The Morning Context or TMC, has raised undisclosed amount in seed funding. Headquartered in Singapore, the seed funding round has come barely seven months after the company’s launch. The Morning Context secures undisclosed amount in seed funding... Clutch of independent investors spearheaded the debut funding round for TMC. This includes Ajay Nair, MD…

ByGirish ShettiApril 17, 20200Comments

Funding News

NoBroker bags $29 Mn from General Atlantic

Online real estate startup NoBroker has secured $29 Mn or INR 216.13 crore in a fresh round led by the Singapore based and existing investor General Atlantic. Following the latest C2 round, General Atlantic has become the largest stake holder in the company, controlling approximately 30.89% stake in the company, as per the latest regulatory…

ByGirish ShettiApril 16, 20200Comments

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Diabetes Focused Startup Wellthy Raises $4.2 Mn

Diabetes focused startup Wellthy Therapeutics has secured $4.2 Mn or INR 30.33 crore in a pre-series A funding round. The capital infusion round was spearheaded by Samaa Capital, a VC firm specializing in early-stage investment. No other investor or investment firm participated in the funding round. Wellthy, which is based in Mumbai, had to wait…

ByGirish ShettiApril 13, 20200Comments

Funding News

Bankbazaar bags Fresh Funds from Amazon & other Investors: Report

Bankbazaar, a leading marketplace for financial products, has raised INR 29 crore in a latest funding round that was spearheaded by Amazon and other investors, according to a report published in Entrackr. According to this report, Amazon contributed Rs 5.68 crore and Sequoia invested nearly Rs 2.6 crore in the round. Netherland based GUS Holdings also…

ByGirish ShettiApril 11, 20200Comments

Funding News

Bigbasket is eyeing massive funding from Alibaba: Report

Bigbasket is in the advanced stage of closing a $60 Mn funding round that will be spearheaded by existing investors Alibaba and Mirae Asset, according to Times of India (TOI). Along with Alibaba and Mirae Asset, UK’s development finance institution CDC Group will also contribute to the round, TOI’s report further claimed. The upcoming round will…

ByGirish ShettiApril 9, 20200Comments

Funding News

Swiggy bags Fresh Funding from Tencent & Others in Series I Round

Swiggy’s funding muscle has got a huge boost after it raised INR 264 Cr in series I funding round led by Tencent & other investors, according to INC 42. The other investors that participated in the round include Ark Impact investments, Korea Investment partner, and MACM India Growth Fund. Here is the breakup of the…

ByGirish ShettiApril 6, 20200Comments

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Nykaa bags INR 100 CR Funding amid COVID 19 Lockdown

Cosmetic e-commerce startup Nykaa announced on Tuesday that it has secured INR 100 crore from existing investor Steadview capital. No other investor apparently participated in the latest funding round. Times of India report claims that Nykaa has raised the latest funding at an approximate valuation of $1.2 Bn, making the Mumbai headquartered startup the latest Indian…

ByGirish ShettiApril 1, 20200Comments

Funding News

Bitmex owner & Bain Capital pump funds in Indian Crypto Platform

CoinDCX, one of India’s premium cryptocurrency exchanges, has secured $3 Mn funding from clutch of international investors in series A round. American investment major Bain Capital and Polychain Capital & HDR Global Trading (parent company of Bitmex) were among the primary participants in the investment round. CoinDCX receives $3Mn funding from a clutch of international investors…

ByGirish ShettiMarch 24, 20200Comments

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