Kahoot!, an Oslo-headquartered global learning platform, announced that it has raised a gross amount of $28 million in new equity through a private placement of 7.5 million new shares. The private placement also comprised 16.5 million existing shares and amounted to $90 million in total. The transaction took place through an accelerated bookbuilding process managed…
Spike, the conversational work ecosystem that brings your entire workspace into your inbox: email, chat, calendar, calls, team collaboration, and tasks in one place, announced that it has raised $8 million Series A funding led by Insight Partners, a leading global venture capital. Existing investors that participated in the funding round include Wix, NFX and…
Mphasis, an Information Technology (IT) solutions provider specializing in cloud and cognitive services, announced the opening of a state-of-the-art Hi-Tech Wireless Chamber Lab in Bangalore. The company said that the new lab is designed to help enhance Mphasis’ capability in the Hi-Tech space by reducing time-to-market and accelerating product releases of existing and new clients.…
Nazara Technologies, a Mumbai-based gaming and sports media company, announced that it has made an additional investment in fantasy sports startup Halaplay through an equity swap of stocks from Kae Capital worth Rs 14.6 crores, according to an ETtech report. Post investment, Nazara becomes a majority stakeholder in Bengaluru-based Halaplay Technologies. Nazara has invested in…
Naari Pharma Private Limited, a Bengaluru-based vertically integrated women’s health pharma business focused on hormones, announced that it has entered into a definitive asset purchase agreement to acquire 10 Abbreviated New Drug Applications (ANDAs) for the U.S. market from Intas Pharmaceuticals Ltd. The portfolio acquired comprises eight U.S. FDA approved ANDAs and two products pending…
JIFFY.ai, the US and India-based software company that offers AI-powered intelligent and integrated platform for the modern-day digital enterprise, announced that it has raised $18 million Series A funding led by Nexus Venture Partners. Rebright Partners and W250 Venture Fund also participated in this funding round, JIFFY.ai said in a statement. A number of business…
Tackle.io, a software company dedicated to helping software providers accelerate revenue through Cloud Marketplaces, announced that it has raised $7.25 million Series A funding led by Bessemer Venture Partners. With this funding, Tackle.io will double down on product innovation to continue to bring new features to life for their community of software providers. In addition,…
San Francisco-based application programme interface (API) development platform Postman recently announced that it has raised $150mn in a Series C funding round. The funding round was led by US-based venture capital fund Insight Partners. Existing investors CRV and Nexus Venture Partners also participated in the round. Postman secured the recent funding at a $2bn valuation,…
Mahindra Group Chairman Anand Mahindra recently announced that he has invested $1mn in Gurugram-based tech startup Hapramp. The three-year-old startup works on various technologies like social networking and blockchain. The investment from Mahindra ends his two-year-long quest in finding an Indian startup working in the field of social media. After the Facebook-Cambridge Analytica scandal in…
Wipro Limited, a global information technology, consulting and business process services company, announced a strategic partnership with CloudKnox Security. The corporate investment arm of Wipro, Wipro Ventures, has invested in CloudKnox through its $150M Fund II. “The Wipro and CloudKnox joint solution offering enables enterprises to proactively protect and manage their Hybrid and Multi-Cloud infrastructure…
San Francisco-based online grocery store Instacart recently announced that it has raised $225mn as part of a new financing round led by DST Global and General Catalyst, with existing investor D1 Capital Partners participating. The investment comes as Instacart continues to experience an unprecedented surge in customer demand for grocery delivery and pickup due to…
RapidSOS, a New York-based emergency response technology company, announced a $21 million funding round led by Transformation Capital, a leading digital health growth equity fund. Other investors that took part in the funding round include C5 Capital, a leader in cyber security, Laerdal Million Lives Fund, a global health fund focused on life-saving impact, and…
Flatfile, a developer of a database software designed to import, map, and normalize customer data, announced that it has raised $7.6 million seed funding led by Two Sigma Ventures. Existing investors including Afore Capital, Designer Fund, and Gradient Ventures, Google’s AI-focused venture fund, as well as new investors HNVR, Work Life Ventures, Quiet Capital, Basecamp…
Myelin Foundry, a Bengaluru-based deep tech product startup, announced that it has raised fresh round of funding from Kris Gopalakrishnan’s family office, Pratithi. Financial details of the funding remain undisclosed. The fresh round of funding will be utilised to boost expansion. The company has plans for expansion into the Indian and international over-the-top market. The…
WarmOven, a delivery-based fresh cakes and desserts brand in Bengaluru, announced that it has raised its first investment round led by Jyoti Bansal, Founder of AppDynamics, according to an ETtech report. Other angel investors that took part in the funding round include Anuj Srivastava, co-founder of Livspace, Abhishek Goyal, founder of Tracxn, Nitin Gupta, former…