Menarini Group, a privately held Italian pharmaceutical and diagnostics company, announced that is has successfully completed the acquisition of Stemline Therapeutics Inc., a commercial-stage biopharmaceutical company focused on the development and commercialization of novel oncology therapeutics, for an aggregate cash consideration up to $677 million on a fully diluted basis. The company said that the…
Journera, a US-based travel technology company developing Experience Management Platform for the travel industry, announced that it has raised $11.6 million Series B funding led by Andreessen Horowitz and B Capital. Existing investors Pritzker Group Venture Capital and The Boston Consulting Group also participated in the funding round. Journera was co-founded by BCG and Jeffrey…
Indonesia-based marketplace for small retailers, Ula recently announced that it has raised $10.5mn in a seed funding round. The funding round was led by Sequoia India and Lightspeed India. The funding round also saw participation from Indonesia-based venture capital fund, SMDV, growth-stage fund Quona Capital, early stage investor Saison Capital and Silicon Valley-based Alter Global.…
WayCool Foods, a Chennai-based agri-tech startup that processes, distributes, and procures fresh produce, dairy products, and staples, announced that it has raised $5.5 million debt funding from IndusInd Bank. Recently, the company raised $32 million in Series C funding led by Lightbox. The Agri-tech startup plans to use the funds to introduce advanced technology, implement…
F5, a New Delhi-based retail aggregator building India’s first aggregated network of branded refreshment stores by partnering with existing refreshment vendors, announced that it has raised seed funding from Venture Catalysts, India’s first integrated incubator, according to YourStory report. Financial details of the funding remain undisclosed. F5 was founded in 2018 by Raghav Arora and…
Dr. Reddy’s Laboratories Ltd, a Hyderabad-based integrated pharmaceutical company committed to providing affordable and innovative medicines for healthier lives, announced that it has completed the acquisition of select divisions of Wockhardt Limited’s branded generics business in India and a few other international territories of Nepal, Sri Lanka, Bhutan and Maldives. The business comprises of a…
Servify, a Mumbai-based startup that provides device management services and warranty solutions for all devices that touch daily lives, announced that it has raised Series C funding from a clutch of existing investors. According to exchange filings, Servify has allotted over 27.23 lakh Series C compulsorily convertible preference shares (CCPS) at a face value of…
Innoviti, a company that develops payments processing, credit distribution, and payments management software solutions, announced that it has raised Series C funding led by FMO: Entrepreneurial Development Bank and Bessemer Venture Partners. Innoviti uses data intelligence to bring together merchants with brand and bank networks, helping them connect, collaborate, and create new and unique offers…
PatientPing, a US-based care collaboration and e-notifications platform, announced that it has raised $60 million in Series C funding to fuel expansion to new geographies and extend capabilities. The investment round was co-led by Andreessen Horowitz, F-Prime Capital, GV (formerly Google Ventures), and Transformation Capital. Existing investors also participated in the funding round. Till Now,…
Squire Technologies, a New York-based tech startup that provides fully integrated software system for Barbershops and men’s salons, announced that it has raised Series B funding led by CRV, with participation from Tiger Global, San Francisco 49ers organization, and the former CEO and Chairman of Infor, Charles Phillips, and existing investors Trinity Ventures, 645 Ventures,…
Softbank-backed fintech unicorn Lemonade recently announced that it has filed for an Initial Public Offering on the New York Stock Exchange (NSE) for an indeterminate amount. The company estimates that it will be able to raise $100mn. Several venture capitalists have estimated that the company is worth $2.1bn currently in valuation. The company says it’s…
San Francisco-based speech recognition technology startup Deepgram recently announced that it has raised an undisclosed amount of investment from In-Q-Tel, the venture capital capital arm of U.S Intelligence community. Post the investment, IQT and its government partners will start testing Deepgram’s transcription technology. Earlier, the startup had raised $12mn in Series A funding round led…
Palo Alto-based early-stage venture firm, Wing has recently closed its third fund by raising $450mmn in capital. The entire fund was raised virtually and is substantially bigger than its second fund which raised $300mn in funds. The venture capital firm was formed in 2013 by veteran venture capitalists Peter Wagner and Gaurav Garg. Wagner previously…
MyKaam, a Bengaluru-based online job searching platform for blue-collar workers, announced that it has raised funding from Venture Catalysts, according to YourStory report. Financial details of the investment remain undisclosed. The investment round was led by Dr Apoorva Ranjan Sharma, Co-founder, Venture Catalysts; Mrunal Jhaveri of Icebreaker Tech LLP; Nirav Panchmatia of AUM Financial Advisors…
Sharp Sight Group of Eye Hospitals, a Delhi-based eye-care chain that provides world class treatments for eye disorders such as Cataract, Squint, Glaucoma, Paediatric Ophthalmology, announced that it has raised Rs 70 crore in equity funding from InvAscent, a healthcare-focussed private equity firm, according to VCCircle report. Sharp Sight chief executive officer Deepshika Sharma said…