Here are the top trending news from the world of technology. Bringing you the 5 biggest breaking news from the world of technology and tech business during the last 24 hours.
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Ex-CEO Jack Dorsey slams Twitter Board – Calls it dysfunctional
Image Credits: Flickr marshal anthonee
As Elon Musk intensifies his efforts to acquire 100%…
American venture capital firm Sequoia Capital has been tagged as the most successful unicorn investor of 2021, according to Hurun Research. This is the second straight year that Sequoia Capital has been termed as the most active investor in unicorn by the Chinese media research company. Hurun Research claimed in its report that the global…
Photo of AppsForBharat founder Prashant Sachan
Spiritual tech platform AppsForBharat announced on Thursday that it has raised $10 Mn in Series A funding round. Elevation Capital, which was previously known as Saif Partners, led the round. Other marquee investors including Sequoia Capital India, BEENEXT and Matrix Partner India also contributed in the round.
Apart…
NBFC and Fintech startup Finova Capital, which offers loans to MSME and small enterprises, has raised 15 crore debt from Bank of Baroda (BOB). The fresh debt funding has come after it raised $15 Mn in series B equity funding round in March this year.
According to the regulatory filings, Finova Capital has issued 150 non-convertible…
GirnarSoft, parent company of online auto market place CarDekho, has scooped up $110 million (Rs 770 crore) from existing investors Sequoia Capital and others. The other investors who participated in this round included CapitalG (investment arm of Google), China’s Hillhouse Capital & new investor Axis Bank.
Sequoia Capital & others pump $110 Mn in CarDekho
The funding…
Silicon Valley based Sequoia Capital seems to have made the best return from its Indian portfolio, after having reportedly sold the partial stake in the e-learning unicorn company Byju’s.
According to Economic Times (ET), Sequoia Capital has offloaded 7% stake in the Bengaluru based e-learning company to incoming investors Naspers Ventures and General Atlantic (GA). ET…
The fundraising wait finally seems to be over for the online auto marketplace CarDekho, which last raised funds way back in 2016. According to Economic Times (ET), CarDekho is all set to raise $100 million in its latest fundraising round. The funding is most likely to be spearheaded by Sequoia Capital, which may reach out…
Bootstrapped car & bike sharing startup Quick Ride is in discussion to raise its first-ever external funding. Sources close to the matter claimed that the startup is in discussion with Sequoia Capital to raise $4 million.
Both Sequoia Capital and Quick Ride have so far declined to comment on the fundraising report.
Car & bike sharing startup…
Meesho raises $11.5 Mn from Sequoia Capital and SAIF Partners.
Social commerce startup Meesho has secured $11.5 Mn (INR 77 Cr) from Sequoia Capital and SAIF Partners in a series B round. Following the latest funding round, the Bengaluru based startup’s total funding has now raised to approximately $15.2 Mn.
Meesho aims to use the fresh capital…
Sequoia Capital is planning $1 billion India focused fund.
California based Venture Capital (vc) major Sequoia Capital is working on last minute details to raise nearly $1 billion for its latest India focused funds, according to people familiar with the matter. If there is any element of truth in this report, this year may turn out…
