Leap has announced that it has secured $55 million in series C funding round led by Owl Ventures. Harvard Management Company as well as Sequoia Capital India and Jungle Ventures also participated in the funding round. Speaking on the funding, Vaibhav Singh, co-founder of Leap, commented, “We have seen an unprecedented demand from students to…
Biotech startup immunitoAI has announced that it has secured $1 million in the Pi Ventures led seed funding round. The round also saw participation from existing investor Entrepreneur First. An official statement informed, “the funds raised by the startup will be deployed for product development and industry partnerships.” Aridni Shah, CEO and Co-founder of immunitoAI,…
Financial service platform WeRize has announced that it has secured $8 million in series A funding round led by 3one4 Capital, Kalaari Capital, and others. The round also saw participation from Orios Ventures and Picus Capital. Vishal Chopra & Himanshu Gupta, Co-founders of WeRize, commented, “We are creating a new category in the Indian financial…
Zeotap, the next-gen Customer Data Platform, has announced an $11m extension to its Series C round. The extension follows the company raising $42m in July 2020, which was followed by an initial extension of $18.5m in November from SignalFire’s Breakout Fund. This new extension takes place to enable new investors such as Liberty Global Ventures…
BEAUTY PIE, a luxury beauty buyers’ club, has announced completion of a Series B financing round of $100m. Index Ventures co-led the round with US-based global private equity and venture capital firm Insight Partners, existing investors Balderton Capital and General Catalyst and Latitude VC, sister fund to London-based seed investor LocalGlobe. This brings BEAUTY PIE’s…
Spireon, the vehicle intelligence company, announced the launch of its subsidiary, Spireon Telematics India Pvt. Ltd. Located in Bengaluru, Spireon Telematics India will be led by technology veteran, Pranab Das, who will oversee a growing team that currently comprises 40 engineers. “Launching our operations in India represents a significant milestone for Spireon and reflects our commitment…
College admissions and education services platform, CollegeDekho, has raised USD 26.5 million in an ongoing funding round, led by Winter Capital Partners, ETS Strategic Capital and Calega, according to PTI report. Existing investors, Man Capital and Rajeev Chaba also participated in the series B round, a statement said. The company had last raised USD 8…
SolRazr has recently closed a $1.5 million seed round from Moonrock Capital, Ascensive Assets, and Morningstar Ventures. Several notable funds including Genesis Block Ventures, Divergence, Genblock Capital, CMS Holdings, PANONY and Skynet Trading participated in the round, while angel investors such as Sam Kazemian from Frax Finance, Leo Cheng from CREAM, Santiago R Santos and…
PayPal Holdings, Inc. announced that it has agreed to acquire Paidy, a two-sided payments platform and provider of buy now, pay later solutions in Japan, for ¥300 billion or approximately US$2.7 billion, principally in cash. The acquisition will expand PayPal’s capabilities, distribution and relevance in the domestic payments market in Japan, the third largest ecommerce market in the world,…
Staffing platform Gigforce has announced that it has secured $3 million in Endiya Partners led pre-Series A round. The round also saw participation from Unitus Ventures, among others. Speaking on the announcement, Chirag Mittal, Co-founder and CEO, Gigforce, commented, “The market is underserved today because of the lack of suitable technology to manage scale. India’s…
DataChat, a software company that is revolutionizing data analytics, announced the closing of a $ 25 million Series A funding round led by Redline Capital and Anthos Capital. Celesta Capital (formerly WRVI Capital) and Nepthene Capital, which led the previous $ 4 million seed funding round, also participated in the funding round. “Business data analysis is largely stuck in decades-old…
RainFocus, the next-generation enterprise event marketing platform, announced that it has closed its Series C funding round led by KKR, a leading global investment firm. Existing investor JMI Equity, a growth equity firm focused on investing in leading software companies, also participated in the round. KKR is investing in RainFocus through its Next Generation Technology…
Accenture has entered into an agreement to acquire King James Group, a South Africa-based creative agency with deep expertise in brand strategy, creativity and digital marketing services. The move will strengthen Accenture Interactive’s focus on putting creativity at the center of experience-led transformation to drive relevance and growth for its clients, the statement said. “To succeed today, our…
India’s growing short-video creator app, Josh, has announced an exclusive partnership with Mzaalo, which is a blockchain-based online video streaming app in gamified entertainment. Josh is an Indian short-video app to have tied up with Mzaalo, and the partnership will last for a year. With this deal, Josh’s 115 million monthly active users will be…
Adecco Group AG has announced that it has raised approximately EUR 232.29 million through the placement of 5,100,000 New Shares at a price of CHF 49.60 per New Share. Coram Williams, CFO of Adecco Group, said, “Today is an important milestone in the process to acquire AKKA Technologies and another step in executing on our strategy. With the successful…