GimBooks, a fintech startup, has announced that it has raised undisclosed investment in the seed funding round from a group of angel investors led by First Check Ventures via the US-based AngelList platform. The round also saw participation from Y Combinator. Speaking on the announcement, Yash Raj Agarwal, Founder and CEO of GimBooks, commented, “We…
Global media SaaS technology company Amagi Saturday has announced that it has secured over $100 million in funding round from Avataar Ventures, Accel Partners, Premji Invest and Norwest Venture Partners. Speaking on the announcement, Baskar Subramanian, Co-founder and CEO of Amagi, stated, “Amagi will immensely benefit from the collective experience of Accel, Avataar, Norwest, and…
Gaming platform GameEon Studios has announced that it has received investment from Mumbai Angels Network, startup investment platform. Nikhil Malankar, Founder – GameEon Studios, stated, “At GameEon Studios, we firmly believe we are building a revolutionary gaming company, which is still at a nascent stage. We have positioned ourselves accurately from the very beginning to…
Viacom18, has announced the appointment of Aniket Joshi as Business Head for Colors Marathi. He will be responsible for managing the channel’s overall business strategy and operations, and will be reporting to Ravish Kumar, Head – Regional Entertainment (Kannada and Marathi Clusters), Viacom18. Aniket comes with an experience of over 17 years and, in his…
PolyAI, a supplier of enterprise-ready voice assistants, has secured investment from Khosla Ventures and recent deals with Landry’s Entertainment, Greene King, Starling Bank and Viasat. “We were expecting the system to handle 40% of calls, but at launch it handled 80%, and within two weeks it was up to 87%,” said Brian Jeppesen of Landry’s…
Employee wellness platform Nova Benefits has announced that it has raised $10 million in the series A funding round co-led by Bessemer Venture Partners and Susquehanna International Group (SIG). The funding round also saw participation from existing investors Titan Capital, Multiply Ventures along with Better Capital. Yash Gupta, Co-founder and CTO, stated, “We are not…
New Asset eXchange (NAX), a company that creates new markets and ecosystems around corporate assets, has announced the appointment of Patrick Nicolet as Chair of its technology platform, Bridge. Patrick Nicolet – formerly Group CTO and Executive Board Member at Capgemini – will lead NAX’s technology platform as it works on the development and deployment…
Wisetack, a technology company that brings buy now, pay later to in-person services like home and auto repair, has announced a $45M Series B fundraise, led by New York-based global private equity and venture capital firm Insight Partners, with existing investors Greylock Partners and Bain Capital Ventures, among others, also participating in the round. This…
Fin, a Work Insights Platform that transforms data across applications into productivity insights for enterprise customers, has announced its $20 million Series A funding round led by Coatue, with participation from First Round Capital, Accel, and Kleiner Perkins. Fin has also brought on Evan Cummack, an enterprise SaaS industry veteran and former Twilio executive, as…
Varo Bank, N.A., nationally chartered bank in the US, has announced that it has closed a $510 million oversubscribed funding round. The round was led by new investor Lone Pine Capital, who was joined by dozens of additional new investors including Declaration Partners, Eldridge, Marshall Wace, Berkshire Partners / Stockbridge, and funds and accounts managed…
Cuemath, a global online math learning platform backed by marquee investors like Alphabet’s independent growth fund CapitalG, Aspada, Falcon Edge, and Sequoia, has announced the appointment of Vivek Sunder as its new Chief Executive Officer. Both Manan’s and Vivek’s roles will take effect from 1 October 2021. Vivek, 47, joins from Swiggy, India’s online food…
Offline to online social commerce startup, based in Mumbai, Coutloot has announced that it has raised $8 million in a Ameba Capital led pre-series funding round.. Other investors including 9Unicorns, SOSV, Astarc Ventures, along with existing investor Venture Catalysts also participated in the funding round. Speaking on the investment, Kevin Wang, Managing Partner – Ameba…
Elearning platform Lido Learning has announced that it has secured $10 million in Unilazer Ventures led funding round. Sahil Sheth, Founder and CEO of Lido Learning, commented, “We’re going to use this new round of capital to double down on our efforts to connect students all over the world with India’s exceptionally well-qualified and dedicated teaching…
The Goldman Sachs Group, Inc. has announced that Kevin Sneader will join the firm as the co-president of Asia Pacific Ex-Japan alongside Todd Leland. Kevin joins Goldman Sachs after a 32-year career at McKinsey & Company, where he served as the firm’s global managing partner, a role he assumed in 2018. He will relocate back…
Bengaluru-based home interior startup HomeLane has announced that it has raised $50 million in the Series E funding round led by OIJIF II (Oman India Joint Investment Fund), Stride Ventures and IIFL AMC’s Late Stage Tech Fund. Existing investors Pidilite, NuVentures, Evolvence, Accel and Sequoia also participated in the funding round. Srikanth Iyer, Co-founder and…