Slice, a Bengaluru-based fintech firm operated by GaragePreneurs Internet Pvt. Ltd, announced it is set to raise debt funding from the investment and consulting arm of Gunosy Inc., a Japan-based news and technology services company. According to regulatory filings by Slice, it will raise $3 million (Rs 22.5 crore) from Gunosy Capital Pte. Ltd. Following…
Charmeuse Technologies Pvt. Ltd, which operates the textile and apparel-focussed software-as-a-service (SaaS) firm VastraApp, announced it has raised seed funding. The company has raised capital from Vivek Khare’s Syndicate through investment platform LetsVenture, and from apparel manufacturer BlackBerrys, which is operated by Mohan Clothing Co. Pvt Ltd, VastraApp said in a statement. However, the Ahmedabad-based…
DigitalOcean, a New York-based IaaS company that delivers a seamless way for developers and businesses to deploy and scale any application in the cloud, announced it has closed a $50 million Series C funding round led by Access Industries, with participation from Andreessen Horowitz. The funding follows the $320 million debt financing in February and…
Rebag, a New-York based online luxury handbag authority that rethinks the role of luxury in the secondary market, announced it has raised $15 million in a Series D funding round, bringing its total funding raised to $68 million. The Series-D funding is led by private equity firm Novator. Existing investor General Catalyst also participated in…
Anywhere365, a Netherlands-based leading software provider for Enterprise Dialogue Management and Cloud Contact Center for Microsoft Teams, announced that it has received an additional €20 million investment from its existing investor Bregal Milestone. The follow-on investment brings total external funding to €60 million and the founder of Anywhere365, Gijs Geurts, will retain a majority interest…
Dathena, a Singapore-based deep-tech company that provides AI-powered data protection and privacy management for global enterprises, announced that they have closed a $12 million Series A round led by Jungle Ventures, with the participation of CapHorn and SEEDS Capital, an investment arm of Enterprise Singapore. Existing investors Cerracap Ventures and MS&AD Ventures also participated in…
The Boston Group Private Limited announced that it has acquired People Prime Worldwide, a recruitment consultancy in India. The acquisition will empower The Boston Group to strengthen its position in the software services industry globally enabling them to deliver best in class resources to their clients and drive business growth. This acquisition will expand The…
HealthAssure, a Mumbai-headquartered healthtech startup has announced the acquisition of FitMeIn, an on-demand fitness subscription service, according to a YourStory report. With this transaction, HealthAssure aims to serve the healthcare needs of more than five million individuals in the country from fitness solutions to primary care by the end of 2020. Varun Gera, Founder and…
Magicpin, a Gurugram-based local discovery, rewards, and commerce platform, announced it has raised funding of Rs 29.3 crore led by Lightspeed Venture Partners, along with the participation of Moonstone Investments, WaterBridge Venture, The Bunting Family Private Fund, and Srivatsan Rajan, according to the RoC documents. Till now, the company has raised $31 million in five…
SirionLabs, an enterprise SaaS provider for post-signature contract management, announced it has raised $44 million Series C funding led by Tiger Global and Avatar Growth Capital. Till now, the company has raised a total of $66 million. The company will utilise the fund infusion to focus on strengthening its leadership. It has also announced the…
Intello Labs, a Gurugram-based startup that does quality assessment of food commodities using computer vision and AI, announced that it has raised $5.9 million Series A funding led by Saama Capital. New investors who participated in the round include Singapore-based agritech fund GROW, and US-based SVG Ventures THRIVE. Existing investors Omnivore and Nexus Venture Partners…
Doceree Inc., a fully integrated programmatic ad exchange for data-driven marketing exclusively to physicians, announced it has raised $1 million in its seed funding round led by Beyond Codes founder and CEO Kumar Gaurav, with participation from a group of angel investors in India and the US, Doceree said in a statement. Investors from the…
GroCurv, a Gurugram-based B2B marketing and sales services procurement platform, announced it has raised an undisclosed amount of seed funding from Singapore’s early-stage venture capital firm, Unicorn Investments Pte Ltd. Venkatesh Rangachari, Co-founder, GroCurv said, “We will leverage the investments to further accelerate our product and technology development and expand our client base through targeted…
Philips India announced that it is investing around Rs 300 crore in the expansion of its manufacturing facilities and has plans to hire around 1,000 people as part of that initiative, according to a top company official statement to PTI. The company will be expanding its manufacturing facility at Chakan near Pune as part of…
Gojo & Company, Inc, a Tokyo-headquartered company that extends financial inclusion to micro, small, and medium-sized enterprises, announced that it has successfully closed first of its ongoing Series D financing rounds with $22 million in growth capital secured by March 2020. The final close is expected to be announced by July 2020. The company will…