B2B Fintech Startup Razorpay Raises $75 Mn in Fresh Round

B2B Fintech startup Razorpay has raised $75 million (about Rs 525 crore) in its fresh funding round. The round was spearheaded by Ribbit Capital, a fintech focused investment firm. The round also saw the participation by Sequoia Capital, becoming the new investor in the Bengaluru based company. Existing investors Tiger Global Management and Y Combinator’s…

ByGirish ShettiJune 18, 20190Comments

Funding News

Oyo Plans Fresh funding at Eye-Popping $10 Bn Valuation: Report

Budget hotel major Oyo Hotels & Homes has initiated talks with several investors to raise nearly $1 Bn, according to report published in economic time (ET). ET report claims that the talks are still in initial stage and may gather pace in the next quarter. Quoting an unidentified source, report added that the Gurugram headquartered…

ByGirish ShettiJune 11, 20190Comments

Funding News

Used Car Platform Cars24 is on a Funding Prowl: Report

Cars24, the online marketplace for used cars, is in advanced stage of securing another fresh funding round that is estimated to be around $70-80 Mn. This round is likely to be spearheaded by company’s existing investors who are likely to pump $45-50 Mn, according to Economic Times (ET) report. These existing investors include Sequoia Capital,…

ByGirish ShettiMay 14, 20190Comments

Funding News

Curefit Breaches $500 Mn Valuation after Raising $75 Mn in Fresh Round

Curefit has once again managed to find itself in the good books of investors, after it raised $75 million through latest funding round. Existing investor Accel Growth led the series D round while other existing investors Kalaari Capital and IDG Ventures also participated in the round. Couple of new investors also participated in the round,…

ByGirish ShettiMay 7, 20190Comments

Funding News

Sachin Bansal Pumps Fresh Funds in MilkBasket Via Venture Debt

After becoming overnight billionaires following the exit from Flipkart, Sachin Bansal has been on an investment spree. He has invested in strings of startups including ride hailing major Ola. Now the latest startup to enter Bansal’s investment portfolio is grocery and milk delivery startup MilkBasket. According to reports, Bansal’s investment firm BAC Acquisitions has invested…

ByGirish ShettiApril 29, 20190Comments

funding

Byju’s Scales new high with fresh funding of $31 million

Byju’s can willingly claim to be the poster boy of India’s edutech sector, just like Oyo can for hospitality sector or Swiggy for foodtech sector. This tag is most certainly justified given that the Bengaluru based startup has been a spectacular run for a long time now. Today Byju’s long drawn spectacular run got another…

ByGirish ShettiMarch 22, 20190Comments

Funding News

Ola closes Series J Funding round after Raising fresh Capital from Steadview Capital

Continuing with its aggressive fundraising spree, Ola on Friday announced that it has successfully closed the ongoing series J funding round by raising over Rs 520 crore from the Hong Kong-based Steadview Capital. According to Economic Times (ET), the fresh round values the company anywhere between $5.5 billion and $6 billion, which technically makes India’s…

ByGirish ShettiJanuary 11, 20190Comments

Funding News

Jaipur based CarDekho Receives Fresh Funding after Almost Two Years

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…

ByGirish ShettiJanuary 4, 20190Comments

Funding News

Weekly Startup funding: How UrbanClap became the Savior this Week

In all possibility, this week’s funding scenario could have turned out to be one of the dullest weeks of 2018 for Indian startups. But just as when it appeared that it was indeed going to be so, home service startup UrbanClap emerged as the much-needed savior. Had it not been for UrbanClap, the Indian startup…

ByGirish ShettiDecember 1, 20180Comments

funding

Weekly Funding: Week’s Top 5 Biggest Funding Rounds

In a complete contrast to last week’s tepid funding scenario, this week turned out to be a pretty impressive week for the Indian startups. In all week, this week the Indian startups managed to raise approximately $96.64Mn. However, like always, we will narrow our focus on the top five biggest funding activities of this week.…

ByGirish ShettiNovember 24, 20180Comments

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