Eyeing Japanese Market, GOQii raises $30-35 million in fresh funding

Fitness wearable maker GOQii INC has raised $30-35 million (nearly Rs 212 crore) in its fresh equity funding round. The funding round was spearheaded by Japanese conglomerate Mitsui & Co, while reports are claiming that crypto investment firm Galaxy Digital and Denlow Investment Trust also participated in the round. Scores of other existing investors including Paytm…

ByGirish ShettiNovember 26, 20180Comments

Funding News

Weekly Funding: Week’s Top 5 Biggest Funding News

This week turned out to be a very forgetful and lackluster week for the Indian startups. All that Indian startups could garner was merely $8.95 million that were raised across 9 deals. This is a significant 86% drop from last week’s funding that saw funding of almost $65 million. Not to mention this week the…

ByGirish ShettiNovember 17, 20180Comments

Funding News

Why Investors are really going Ga Ga over Social Commerce startups like Meesho

Barely a month ago Techpluto reported that social commerce startup Meesho, which offers online shopping platform for small resellers via social media channels, is in discussion to raise $50 Mn. And on Monday the evitable finally happened. On Monday Meesho raised $50 Mn from new as well as existing investors. This series C funding came hardly…

ByGirish ShettiNovember 6, 20180Comments

Funding News

KKR makes the right bet by investing $144 Mn in PropertyGuru

Global investment giant KKR is known for making shrewd investment decisions and its latest decision to invest $144 Mn in PropertyGuru may just help in enhancing its reputation further. If you are living in any Southeast Asian country then PropertyGuru may not need much introduction. But for the sake of my global readers I would like…

ByGirish ShettiOctober 31, 20180Comments

Funding News

Grofers is back in the Funding Game as SoftBank May lead Fresh Funding

It seems Gurgaon based Grofers ongoing resurgence is heading toward its next phase. The reason for my buoyancy over the online grocery startup is because reports have started doing rounds that its largest investor SoftBank is willing to lead another round of funding. The round may also see participation of other investors. The latest rumors about…

ByGirish ShettiOctober 29, 20180Comments

Funding News

SpaceX may Head towards Debt Market to Raise $500 Mn

Putting humans on Mars is not an inexpensive business proposition by any means. A good enough reason as to why SpaceX will have to keep pumping more and more funds into its organization. And this is exactly what Elon Musk’s ambitious space company intends to do, with several media reports suggesting that spaceX is planning…

ByGirish ShettiOctober 26, 20180Comments

Funding News

War in Foodtech may intensify as Swiggy plans to raise Massive Funding

India’s foodtech sector is in the midst of an intense war and this is only likely to intensify further, with Swiggy and Zomato leaving no stone unturned in their slugfest. Now the latest buzz is that Swiggy is discussing with its largest investor Naspers to scoop up another fundraising round. The fundraising round is said to…

ByGirish ShettiOctober 25, 20180Comments

Funding News

SoftBank & Alibaba are Mulling Investment in FirstCry & Why it is such a good move

SoftBank and Alibaba are probably heading towards a very good business proposition by planning to invest $100 – 200 Mn in FirstCry, India’s largest retailer for baby products. Sources, however, claim that discussions are in a very early stage and the deal is still far from getting sealed. There is also a huge suspense as to…

ByGirish ShettiOctober 24, 20180Comments

Funding News

Why Tiger Global raising $3.75 bn infuses new hope?

In what can be termed as immensely good news, the venture capital major Tiger Global Management has reportedly raised $3.75 billion for latest venture funds. This is New York-based hedge fund’s 11th venture capital fund and the fund has been labeled as Tiger Global Private Investment Partners XI. According to reports, the funds will primarily focus on…

ByGirish ShettiOctober 23, 20180Comments

Funding News

Employee focused AI Startup Worxogo raises funds

Artificial Intelligence (AI) startup Worxogo has raised Rs 16.5 crore from Inventus Capital and Ideaspring Capital. The three year old startup claims that its AI technology can help in significantly improving employee’s productivity. Worxogo will utilize the funds for entering in the highly competitive U.S. market. The startup has already applied for patent license for its…

ByGirish ShettiOctober 16, 20180Comments

Funding News

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