Bulbul, a live video shopping app, announced that it has raised $8.7 million in Series A funding led by Info Edge. While Info Edge invested around $6.63 million, the remaining sum was poured in by Sequoia and Leo Capital, according to the Entrackr report. Info Edge has entered an agreement to acquire 17.82% stake on…
Cybellum, a leader in Automotive Cybersecurity Risk Assessment, announced it has raised $12 million in Series A funding, bringing total investment in the company to $15 million. The financing round was led by RSBG Ventures with additional investment from Cybellum existing investors, Blumberg Capital and Target Global. The investment will enable Cybellum to accelerate its…
Hevo, a ‘No-Code’ Data pipeline platform, announced it has raised $8 million Series A funding led by Singapore-based VC firm Qualgro, along with independent investor Lachy Groom, a former executive at Stripe and investor in Notion, Figma and Front. Existing investors that took part in the funding round include Sequoia Capital India’s Surge and Chiratae…
Industry Dive, a business journalism company, and NewsCred, an enterprise content marketing technology, announced that Industry Dive will acquire NewsCred’s Content Marketing studio and services business including assets, people and clients. NewsCred will retain its software products. The acquisition augments Industry Dive’s in-depth market expertise, first-party audience insights, and unparalleled distribution through its portfolio of…
ClimaCell, a Boston-based startup that aims to create hyper-accurate weather reports, announced that it has raised $23 million led by Square Peg capital, Australia’s largest venture capital firm, and Pitango Venture Capital. ClimaCell is also backed by SoftBank Group which invested in the company last year. Shimon Elkabetz, ClimaCell’s co-founder and chief executive officer, said…
Toppr, an education technology startup, announced that it has raised Rs 350 crore in a fresh round of financing led by Foundation Holdings, a global investment firm focused on building sustainable, industry defining companies in the GCC and India’s healthcare, education and consumer sectors. The company will use the proceeds from the Series D round…
OrthoFX, a San Francisco-based orthodontic startup, announced that it has raised $13 million funding led by SignalFire, in association with Unusual Ventures by Jyoti Bansal (founder of AppDynamics), ShangBay Capital, and Kairos Ventures, according to YourStory report. Founded in 2017 by Ren Menon, Nichole Garcia, and Henry Chan, OrthoFX specialises in premium tech-enabled teeth aligners,…
Credera, a consulting firm focused on strategy, transformation, data, and technology, announced it has acquired a majority stake in London-based DMW Group to expand its consulting and digital transformation capabilities into Europe. Credera is part of Omnicom Precision Marketing Group, the digital and customer relationship management specialist practice area within Omnicom Group Inc. DMW is…
Sapiens International Corporation, a global provider of software solutions for the insurance industry, announced that it has entered into a definitive agreement to acquire Delphi Technology Inc, a leading vendor of software solutions for property & casualty (P&C) carriers, with a focus on the medical professional liability markets. U.S.-based Delphi, founded in 1989 and headquartered…
Geltor, a biodesign company that has created the world’s largest selection of designer proteins, announced the closing of a $91.3 million Series B financing that will fuel the global expansion of its Ingredients-as-a-Service platform. The funding round aims to meet accelerating demand from global CPG companies for sustainable, functional, and 100% animal-free ingredients. The round…
U.S. satellite broadband provider Hughes Network Systems has agreed to invest $50mn in the British government and Bharti-backed consortium buying collapsed satellite operator Oneweb. Hughes previously partnered with OneWeb, which collapsed in late March with 74 out of a planned 650 satellites launched after top backer SoftBank Group Corp declined to provide further funding. “This…
Fund+, an investment firm focused on innovative European Life Sciences companies, announced that it has led the €38 million Series B financing in Indigo Diabetes. Indigo is developing a novel ‘invisible’ continuous glucose monitoring device for diabetics. Jan Van den Bossche, Partner at Fund+, will join the Board. Indigo has developed a small chip using…
Steadview Capital, a leading Asia-focused alternative asset manager that makes concentrated long-term investments in listed as well as unlisted companies across multiple industries, announced that it has invested $85 million, through a secondary transaction, in SaaS major Freshworks, as it bulks up its India portfolio with yet another unicorn, Ravi Mehta, Managing Director of the…
SATYA MicroCapital Ltd, a RBI registered NBFC-MFI, announced that it has successfully raised Rs 72.5 cr via Swiss impact investor BlueOrchard Finance Limited for the second time since its inception in 2017. The funding is received through InsuResilience Investment Fund (IIF) and Japan ASEAN Women Empowerment Fund (JAWEF) managed by BlueOrchard, the Company said in…
ReneSola Ltd, a leading fully-integrated solar project developer announced that it successfully closed a bridge financing with Eiffel Energy Transition Fund to finance the construction of ReneSola Power’s 19 MW solar projects in Poland. This new facility provides an injection of 10.64 million euros (US$12.1 million) of new capital. It is the second bridge financing…