Tring, India’s largest celebrity engagement platform, has grown 30x in revenues with over 100x growth in user traffic since its last capital raise. Launched in 2020, Tring has quickly become the category leader in the space of digital interactions, with over 12,000 celebrities connecting with their fans through personalised celebrity video messages (shoutouts), direct message…
CreditAccess Grameen Limited (CA Grameen), the largest Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI) in India, has signed a Loan Agreement on October 17, 2022 at Bangalore, India, with U.S. International Development Finance Corporation (DFC), the U.S. Government’s development finance institution. Under the agreement, CA Grameen will borrow a US$35 million ESG-linked loan for up to…
ChainSafe Systems, one of the world’s top blockchain infrastructure firms, announced that it has secured US$18.75 million in an oversubscribed Series A funding round. The investment was led by Round13 with participation from new investors NGC Ventures, HashKey Capital, Sfermion, Jsquare, and returning investors Digital Finance Group, and Fenbushi Capital. Concurrent with the funding round, Khaled Verjee, Managing Partner of Round13’s Digital Asset Fund,…
Investmint, a signal-based do-it-yourself trading and investing platform for retail investors, announced that it has raised $2 Million in seed funding led by Nexus Venture Partners, with participation from other prominent angel investors. The new funding will be used to expand its product, engineering, and quantitative research teams to create a world-class retail investing product,…
Shopr.TV, India’s first dedicated live-commerce platform announced that it has raised $1.7 million seed capital from reputed global institutional investors, including BEENEXT, Y-Combinator, Locus Ventures, Shiprocket, Goodwater Capital, and more. Renowned angel investors such as Kunal Shah (CRED), Lalit Keshre (Groww), Venky Karnam (Afore Capital), amongst others, are also a part of the round. Shopr.TV…
Korea-headquartered pizza brand GOPIZZA has raised INR 200 cr. (30 Billion Korean Won) in a Series C funding round co-led by GS Ventures, CJ Investment, Mirae Asset Securities, NCORE Ventures, Woori Bank, Capstone Partners, Big Basin Capital, DS Asset Management, and Pureun Investment. The fresh capital will be utilized for aggressive expansion plans in the country, backed by…
Aster DM Healthcare, one of the largest integrated healthcare providers in GCC and India, is expanding its footprint in the Kingdom of Saudi Arabia with the Aster Pharmacy division. Aster Pharmacy, the leading pharmacy chain in the UAE, through this partnership aims to set-up and operate 250+ stores over a period of 5 years and…
V-Mart Retail Ltd. (V-Mart), India’s leading value fashion retailer, has signed a definitive agreement to acquire LimeRoad the freshness-first discovery marketplace built for the value-seeking aspirational Indian. Through this the Companies will leverage clear identified synergies and deliver emerging fashion trends at unbeatable value to 5 cr. digital first Shoppers of Bharat (Online and offline),…
‘Proof of Work’ Platform Belong.Education acquires Pune-based Intern Hiring platform InternIn to expand into Tier-II and tier-III cities. Aiming to tap the Early Talent Hiring market in India, HRTechstartup Belong acquired the country’s 2nd largest intern hiring platform – InternIn for an undisclosed amount on Friday. Starting with 3 colleges and 5 startups in May…
PDS Limited (PDS), the global fashion infrastructure company acquires a 51% stake in Delhi-based end-to-end design solutions company, DBS Lifestyle (DBS). DBS Lifestyle LLP, founded by Divya Suri and Bhawnish Suri, is a design-led company catering to fashion and home categories. DBS owns over 20,000 original textile designs and patterns and adds nearly 2500 artworks…
Skydance Media (Skydance) announced the completion of a $400 million strategic investment round led by KKR and joined by The Ellison family who remain the Company’s majority shareholders. Existing investors RedBird Capital Partners and Tencent also participated in the fundraise, which values Skydance at over $4 billion. The addition of KKR as a new strategic…
Assiduus Global, an AI-powered cross-border and cross-marketplace e-commerce accelerator, has raised $15 million in Series A round of funding led by Pulsar Capital, 9Unicorn, Venture Catalyst, StrongHer VC, Carlos Cashman (founder of Thrasio) and Rajan Navani (JetLine Group of Companies). Assiduus’ spokesperson said about the event, “We are pleased to have received such a significant backing from such eminent funds, especially…
Infor, the industry cloud company, announced the expansion of its India operations with the opening of its new development center (DC) in Hitech City, Hyderabad, one of India’s top destinations for technology and business. The new multi-storey state-of-the-art development center is spread over 350,000 sq. ft and will have the capacity for 3,500 employees. The center…
Precisely, the global leader in data integrity, announced continued expansion in India to strengthen innovation and deliver customer success. Precisely recognizes the importance of investing in India as a center of excellence for the research and development (R&D), engineering, and customer support functions. Precisely is opening an office in Noida – a city that has…
Metalenz, the market leader for metasurface optics for high-performance 3D sensing solutions, announced the closing of a $30M Series B, led by Neotribe Ventures. The funding will be used to meet the growing demand for the company’s existing 3D Sensor metasurface optics while simultaneously accelerating the market introduction of its revolutionary new polarization sensing solution, PolarEyes. The round…