(Updated) Edtech Startup Practically raises $4 Mn In pre-Series B round

3rdFlix Visual Effects Pvt Ltd, which operates edtech startup Practically, announced on Tuesday that it has raised $4 Mn in a pre-series B funding round. Siana Capital spearheaded the round while existing investors YourNest Venture Capital and Exfinity Ventures had also participated in the round. Practically's founding team The company said in the press release that it…

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South Korean Financial Giant Mirae Asset launches $35 Mn Indian Startup Corpus

Over the last decade, several international investors have thronged India to repose their faith in the Indian startup industry. Seoul headquartered financial services group Mirae Asset has also been one of the most active international investors in India’s startup ecosystem. over several years, it has backed many unicorn startups including Zomato, BigBasket, ShadowFax and Ola. VC…

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Unacademy_Funding

Unacademy Acquisition spree Continues, acquires NeoStencil

Unacademy has wrapped up 2020 by acquiring yet another promising edutech startup NeoStencil. This is Unacademy’s sixth acquisition this year, having acquired CourSavy Kreatryx, PrepLadder, Mastree and CodeChef earlier this year. Unacademy’s CEO and cofounder Gaurav Munjal broke the news on his personal Twitter account. He wrote on his Twitter handle that he has known NeoStencil’s…

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SaaS platform ClientJoy Secures $800K in pre-series A funding from GVFL

SaaS platform ClientJoy has announced that it has raised $800K in pre-series A round from early-stage venture capital firm from GVFL (Gujarat Venture Finance Limited). Based in Ahmedabad, ClientJoy offers Client Life-Cycle Management Software for Freelancers and Agencies. Photo of ClientJoy Team The company has said that the capital infusion will be used to grow Sales, Marketing…

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Exclusive: Delhivery offers partial exit to its multiple existing investors amid IPO rumors

Gurugram based logistic company Delhivery has provided partial exit to its multiple existing investors. In a board meeting held last month, the unicorn logistic firm agreed to convert 6, 40,000 preference shares held by existing investors into equity shares, the regulatory filings showed. These fully diluted 6, 40,000 preference shares were allotted in a segregated manner…

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