Trell, a Bengaluru-based lifestyle-community-commerce platform, announced a $11.4 million Series A round led by KTB Network. Other investors that participated in the current financing round include Samsung Ventures, Ankur Nagpal, CEO of Teachable, Gokul Rajaram (Board Member, Pinterest, Square, DoorDash) and Vineet Buch (Ex-Head of Google Play Store Development) along with existing investors Sequoia’s Surge,…
Category: Investment
Acuva announces global expansion with launch of Acuva Europe office
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•Acuva Technologies, a global leader in UV-LED disinfection products, announced the opening of their first office outside of Canada. The award-winning cleantech company plans to bring their innovative products overseas with the opening of a European office in Dusseldorf, Germany. The new office will be led by Harald Maiweg, Managing Director. Maiweg is a highly…
Daalchini raises Rs5 cr pre-Series A funding led by Artha Venture Fund
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•Daalchini, a Delhi-NCR based physical marketplace for ‘Traditional Indian Home-cooked Food’, provided by network of Home-based cooks/Tiffin Services, through Internet of Things, announced that it has raised Rs 5 crore in a pre-Series A round led by Artha Venture Fund (AVF). Angel investors that participated in the funding round include Ajay Kaul, former CEO of…
Bengaluru-based Captain Fresh raises $2.3 mn pre-Series A funding
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•Captain Fresh, a Bengaluru-based B2B marketplace that supplies freshwater fish and seafood, announced it has raised $2.3 million in a pre-Series A round of funding led by Ankur Capital with participation from Incubate Fund India and Silicon Valley-based angel investors, according to YourStory report. The company will utilise the funding to invest in technologies like…
Israel-based Coralogix to expand its operations in India
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•Coralogix, a log analytics SaaS platform that improves the delivery and maintenance process for software providers, announced a strategic expansion into India to provide its customers with local Amazon Web Services (AWS) regional server support and data storage capabilities. By localizing data, Coralogix will help customers meet compliance requirements for India’s new data privacy laws…
Scribd announces acquisition of SlideShare
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•Scribd, the unlimited reading subscription service that offers access to ebooks, audiobooks, magazines and documents, announced that it has acquired presentation-sharing platform SlideShare. “We’re proud to welcome SlideShare to the Scribd family. Our mission is to change the way the world reads, and we’re accomplishing this by providing readers with unparalleled access to the world’s…
EsseNVideri Media to acquire Indian site Guide2Gambling.in
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•EsseN Videri Media, engaged in lead generation and performance marketing within the iGaming industry, announced that it has acquired the affiliate website Guide2Gambling.in (G2G). The transaction includes all social media accounts, domains and affiliate accounts. G2G operates in the Indian market and is a highly visited casino portal for rankings and reviews of online casinos,…
wejo raises $12 mn funding led by DIP Capital
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•wejo, a U.K. based early stage tech company, announced it has raised $12 million funding to drive growth and innovation with new global automotive partners as the market leader of mobility intelligence. The business organizes billions of data points from over 15 million connected cars in the United States, partnering with global automotive manufacturers to…
Affle to acquire strategic stake in Bobble AI
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•Affle, a global technology company with a proprietary consumer intelligence platform that delivers consumer engagements, acquisitions and transactions through relevant Mobile Advertising, announced the signing of definitive agreements to acquire 8.0% ownership in Talent Unlimited Online Services Private Limited (Bobble AI), India. As part of the deal, Affle has secured exclusive global ad monetization rights…
IXL Learning to acquire 3P Learning
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•IXL Learning, the K-12 personalized learning platform used by 10 million students worldwide, announced it has agreed to acquire 3P Learning, a global leader in online education based in North Sydney, Australia. With the addition of 3P Learning, IXL aims to broaden its product portfolio and international footprint in the educational technology space, IXL said…
AGC Networks announces acquisition of Pyrios
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•AGC Networks Limited, a Global Solutions Integrator and an Essar enterprise, announced that it has completed the acquisition of Pyrios Pty Limited (Australia) and Pyrios Limited (New Zealand) through its indirect subsidiary – Black Box Networks Services Australia Pty Ltd and Black Box Networks Services New Zealand Ltd respectively. The acquisition of Pyrios will substantially…
Mumbai-based Eduvanz raises $5 mn Series A funding led by Sequoia India
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•Eduvanz, a Mumbai-based finance company that is making education universally accessible by providing easy, transparent and speedy financial assistance using innovative technology solutions, announced it has raised $5 million in a series A round led by venture capital firm Sequoia Capital India. The funding round also saw participation from Unitus which is an existing investor…
PayActiv raises $100 mn Series C funding led by Eldridge
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•PayActiv, the leading employer-sponsored earned wage access and holistic financial wellness platform, announced that it has secured $100 million of funding to further its mission of bringing security, dignity and savings to workers. The Series C financing round was led by Eldridge and includes existing PayActiv shareholders Generation Partners and the Ziegler Link Age Fund…
Omaze raises $30 mn Series B funding to fuel international expansion
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•Omaze, the leading online fundraising platform that offers once-in-a-lifetime experiences and prizes to support charities around the world, announced the close of a $30 million Series B round led by FirstMark Capital. Additional investors include Causeway Media Partners, BDMI, Tusk Ventures, Inherent Group, Gaingels, Penni Thow’s Copper and Guy Oseary. Co-founded by CEO Matt Pohlson…
Tennis star Maria Sharapova invests in Therabody, joins as Strategic Advisor
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•Therabody, formerly known as Theragun, the global leader in tech wellness and percussive massage therapy, announced that tennis champion and entrepreneur Maria Sharapova has made an investment in the company while joining Therabody as a strategic advisor. In addition to this capital investment, Sharapova will play an instrumental role in supporting the company’s global growth…