Rollbar, provider of real-time error monitoring Software as a Service, announced that it has raised $11 million in Series B funding led by Runa Capital, an international VC firm headquartered in Silicon Valley that backs early-stage startups in deep tech and cloud business software. Dmitry Galperin from Runa Capital will take a board seat. Other…
Bengaluru-based healthcare analytics startup Tricog recently announced that it has raised $10.5mn in Series B funding round from UTEC – University of Tokyo Edge Capital, Aflac Ventures, TeamFund US and Dream Incubator Japan. The funding round also saw participation from existing investors like Inventus Capital and Blume Ventures. Talking about the investment, Noriaki Sakamoto, Partner…
Allcargo Logistics, a logistics firm handling global multimodal transport operations, pan India container freight stations, inland container depots, third-party logistics, warehousing, contract logistics and logistics parks, announced that it is set to emerge as a controlling stakeholder in Gati, as it has received SEBI approval on its open offer to acquire approximately 3.17 crore shares…
Sonata Software, a global IT Services company, that provides services in business intelligence and analytics, application development management (ADM), mobility, cloud, social media, testing, enterprise services (ERP and CRM), and infrastructure management services, announced the acquisition of GAPbusters Limited (GBW), the Melbourne headquartered company that has been amongst pioneers in the CX domain, serving…
ClearTax, an online tax filing platform, announced the acquisition of Karvy’s goods and services tax (GST) filing business. Details of the transaction remain undisclosed. The deal comes at a time when Karvy was eyeing to sell assets and raise capital to clear its dues. ClearTax will acquire the GST business of Karvy Data Management Services,…
Trell, a Bengaluru-based lifestyle-community-commerce platform, announced that it has raised a $4 million pre-Series A round led by Sequoia Capital India’s Surge, Fosun RZ Capital and KTB Network. Existing investors such as Beenext, WEH Ventures and Sprout Ventures also participated in the funding round. Post current funding, the company has raised $5.5 million till now.…
Fintech company TerraPay recently announced that it has raised $9.6mn from Prime Ventures (VC), IFC – International Finance Corporation, and Partech. The fresh funding follows the disinvestment from Comviva Technologies Ltd, a subsidiary of Tech Mahindra Ltd from the company. Ambar Sur, Founder, and CEO at TerraPay, said in a statement that the company will…
Trans American Information Systems Private Ltd (TAISPL), a wholly-owned subsidiary of Mastek Limited has proposed to enter into a Scheme of Arrangement with Evolutionary Systems Private Limited (‘Evosys India’) pursuant to which the identified Indian business along with the USA, UK and Rest of the World businesses of Evosys India would stand demerged to TAISPL.…
Fashion-focused image technology startup Flixstock, recently announced that it has raised $2.5mn in a funding round led by Wavemaker Partners, an early-stage venture capital firm based in Los Angeles and Singapore. The round also saw participation from Seeds Capital and Lep Capital. The company plans to use these funds to open new generative Artificial Intelligence…
Bounce, a Bengaluru-based scooter sharing startup, announced it has raised $6.5 million in debt funding from existing investor InnoVen Capital. This is the third time InnoVen Capital has invested in Bounce in a span of 18 months. The total debt investment now amounts to $12 million. The company will utilise the funds in financing electric…
Waymo, the Alphabet’s self-driving company unit, announced it has raised $2.25 billion in its first external round of funding. As per the company’s statement, several Silicon Valley investors participated in the funding round. Investors that took part in the funding round include Silver Lake, Andreessen Horowitz, AutoNation and its parent company Alphabet. The company will…
Chqbook.com, a Gurugram-based fintech startup, announced it has raised $5 million in Series A funding from Aavishkaar Capital. The startup is helping small business owners through its five pillars of Lending, Credit Cards, Insurance, Rewards and Accounts. The company will utilise the funds to boost expansion. As per the company, the funds will be deployed…
Sourav Ganguly-backed curated video platform Flickstree recently announced that it has raised $3mn in Series A funding round. The funding was led by Samsung Venture Investment Corporation along with LionRock Capital and Accretio Investments. Angle investor LD Sharma and existing investors like Venture Catalysts and MOX Accelerator also participated in the round. The company plans…
Affle, the leading consumer intelligence technology company, announced the signing of a definitive agreement to acquire Spain headquartered Mediasmart, a self-serve mobile programmatic and proximity marketing platform. Mediasmart provides advertisers, trading desks and agencies an integrated mobile advertising platform with unique incremental impact measurability for Proximity and App marketing campaigns. Mediasmart’s Proximity marketing solutions allow…
Spinny, an online platform for selling used cars, announced it has raised $43.7 million Series-B funding led by Fundamentum Partnership along with US-based General Catalyst Partners, South Korea-based KB Financial Group. Existing investors such as Accel, SAIF Partners and Alteria Capital also participated in the funding round. Post funding, the company is valued at nearly…