Zeta becomes 14th Unicorn of 2021 with SoftBank funding

Banking tech startup Zeta has become the latest startup to join India’s ever growing unicorn list. The Bengaluru based startup announced on Monday that it has raised $250 Mn from SoftBank Vision Fund 2. The funding propelled the startup’s valuation to nearly $1.25 Bn, making it the 14th unicorn of 2021. Zeta's co-founder Bhavin Turakhia &…

ByGirish ShettiMay 25, 20210Comments

Funding News

Monday Manic: Pine labs, Lens Kart & Moglix raise Massive funds

Pine labs, Lens Kart and Moglix, the three high profile startups, announced on Monday that they have raised fresh funding rounds, turning the typical Monday blues into Monday Manic. Monday manic is actually fancy way of saying that there is no stopping the Indian startup’s recent funding juggernaut, which has even managed to remain immune…

ByGirish ShettiMay 17, 20210Comments

Funding News

MSP Software Platform SuperOps.ai raises $3Mn in seed funding round

Elevation Capital and Matrix Partners have co-lead a seed funding round in the Chennai based MSA software platform SuperOps.ai. The seed funding round, which is worth $3Mn , has also seen participation from several high profile names including Kayako’s founder Varun Shoor, Kovai.co’s founder Saravana Kumar and Livspace’s founder Ramkant Sharma. The Chennai based startup, which…

ByGirish ShettiMay 13, 20210Comments

Funding News

DealShare raises INR 204 Cr in Extended Series C Round

Social commerce major DealShare has raised Rs 204 Cr in extended series C round, according to regulatory filings filed by the company. Existing investor Alpha Wave Incubation has spearhead the series C1 round while other existing investors WestBridge and Matrix Partner have also participated in the round. DealShare's co-founding team As per the regulatory filings, DealShare has…

ByGirish ShettiMay 11, 20210Comments

Funding News

Hwy Haul, started by Ex-IIT & Former Walmart Executives, Raises $10Mn In Series A

California-based supply chain logistics startup Hwy Haul has announced that it has raised $10 million in a Series A round. Eileses Capital spearheaded the round while BluePointe Ventures co-led the round. The series A funding round also had a strong imprint of Indian investors with Freshwork’s CEO & Founder Girish Mathrubootham, Palo Alto Networks founder…

ByGirish ShettiMay 6, 20210Comments

Funding News

UpGrad raises first external Capital with Temasek’s $120 Mn Funding

Higher education edtech platform UpGrad, which offers online courses in various streams, has raised its first-ever external funding by raising nearly $120 Mn from Singapore based investment giant Temasek. No other investor has participated in the funding round. Since its inception in 2015, UpGrad has been a bootstrapped startup and has been backed by its…

ByGirish ShettiApril 26, 20210Comments

Funding News

Chargebee is India’s newest Unicorn, 11th Unicorn of 2021

Subscription and revenue management platform Chargebee is the latest startup to make a entry in the coveted unicorn club. The Chennai and Sans Francisco based startup announced on Tuesday that it has raised $125 Mn in series G round at a valuation $1.5 Bn. New investor Sapphire Ventures spearheaded the funding round while existing investor…

ByGirish ShettiApril 21, 20210Comments

Funding News

Sequoia and Nexus backed Druva raises $147Mn at $2Bn valuation

Cloud data protection startup Druva clocked a eye-popping valuation of $2Bn after raising $147 Mn in a fresh funding round. Canada’s CDPQ and Neuberger Berman led the round while Viking Global Investors and Atreides also took part in the round. Apart from Canada’s CDPQ, all rest are existing investors in Druva. Druva is actually based in…

ByGirish ShettiApril 20, 20210Comments

Funding News

Sales Engagement Platform Upscale Raises $250K in Seed Funding Round

Sales Engagement Platform Upscale announced on Wednesday that it has secured funding of $250K in a pre-seed funding round. The round was led by Powerhouse Ventures, Java Capital, and GSF Accelerator. The company has said that it will leverage the funds to expand its market reach and bring unparalleled automation to the B2B sales industry through…

ByGirish ShettiApril 14, 20210Comments

Funding News

Tiger Global Continues to Roar, reportedly leads $100Mn in DealShare

Is Tiger Global the Santa Claus of India’s startup industry. Well, the resounding answer is ‘yes.’ Tiger Global, which already has deep pugmarks in India’s startup ecosystem, probably unleashed its biggest roar in recent years. Last week, the New York-headquartered hedge fund led three big rounds in Groww, ShareChat and GupShup and subsequently propelled the…

ByGirish ShettiApril 14, 20210Comments

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