Chainalysis, the blockchain data platform, has announced that it has secured a $100 million Series E financing led by Coatue, bringing its valuation to $4.2 billion. Previous investors Benchmark, Accel, Addition, Dragoneer, Durable Capital Partners, and 9Yards Capital increased their investment in the company, and Altimeter, Blackstone, GIC, Pictet, Sequoia Heritage, and SVB Capital also…
Former Myntra CEO’s Mensa Brands has announced that it has secured $50 million as it closes its Series A funding round. The round saw participation from Norwest Venture Partners, Falcon Edge Capital, Accel Partners along with angel investors Kunal Shah, Rahul Mehta, Mukesh Bansal, and Tiger Global’s Scott Shleifer. “The fund will be used to nurture, accelerate and scale…
Social e-commerce venture CityMall has secured $11 million in Series A funding, The funding round was led by Accel and saw participation from Elevation Capital and WaterBridge Ventures. Founded in 2019 by Angad Kikla, Divij Goyal and Naisheel Verdhan, Citymall claims it has developed a community commerce platform for everyday products for the next 300…
Digbi Health, a leader in clinically proven genetics and gut-microbiome based digital care program for managing obesity and associated inflammatory digestive, skin and cardiometabolic illnesses, announced it has completed $5.4 million in Series A funding led by Accel, with participation from Wisdom LLP and the company’s Seed round backers Ocean Azul Partners and Seraph Venture. …
Zolve announced it has raised $15 million in seed funding round led by Accel and Lightspeed, with participation from Blume Ventures and notable angel investors including Dr. Ashish Gupta (ex-Helion MD), Greg Kidd (angel investor in Twitter & Ripple), Kunal Shah (founder of Cred), Rahul Mehta (Managing partner at DST Global) and Rahul Kishore (Senior…
Zomentum, an end-to-end sales acceleration platform for IT channel partners, has raised $13 million in Series A funding round from Elevation Capital, Accel, and Greenoaks Capital. Eight Roads Ventures also participated in the funding round. The funding will be used to further build out its product and for geographic expansions. The San Francisco- and Bengaluru-based…
SplashLearn, the game-based learning company, has raised $18 million in Series C funding led by Owl Ventures and existing investor Accel, according to ET report. Founded in 2010 by four IIT-Kharagpur alumni, SplashLearn offers Math for Pre-K to Class 5 and reading for Pre-K to Class 2. It adapts to each child’s learning ability and…
Microblogging app Koo has raised $4.1 million in Series A funding round. Existing investors Accel, Kalaari Capital, Blume Ventures and Dream Incubator, participated in the round with new investor 3one4 Capital. The startup will utilise the fresh funding for marketing, expanding technical capabilities, and hiring. The company employs 45 people and plans to add 15…
Regtech SaaS Startup VComply has secured $6 million in latest funding round from Accel and Counterpart Ventures. The Palo Alto and Kolkata-based company aims to expand in the United States and grow into the new markets in Europe. The governance, risk and compliance (GRC) management platform will use the fresh funds raised to hire across…
Slintel, an intent-powered sales and marketing intelligence platform, announced that it has raised $4.2 million in a funding round led by Accel, with participation from Sequoia Capital India and existing investor Stellaris Venture Partners. Recently, the startup raised funding from Stellaris Venture Partners and Powerhouse Ventures. The company will use the funding to build its…
BestDoc, a healthcare startup that provides intelligent Patient Relationship Management for Hospitals, announced it has raised $2.1 million in pre-Series A funding round from US-based Accel and Bengaluru-based Arkam Ventures. Existing investor SEA Fund also participated in the funding. Founded in 2016 by Afsal Salu, Fayaz Bin Abdu, and Soudabi Neduvanchery, BestDoc started as a…
HomeLane, operated by Homevista Decor and Furnishings Pvt Ltd, announced that the platform has raised Rs 60 crore in a bridge funding round led by Stride Ventures. Stride Ventures has led the round with a Rs 20 crore debt commitment, HomeLane said in a statement. The remaining Rs 40 crore has come via equity funding…
Zomentum, a startup that builds sales solutions for managed services providers, announced that it has raised $4.1 million seed funding from Accel and SAIF Partners. The company will utilise the fund infusion to hire sales teams to service locations outside of North America, apart from investing in building its product and adding more tools to…
International Finance Corporation announced that it has plans to invest $10 million in Onsitego, India’s customer service company for personal devices, gadgets, small and large home appliances, according to a VCCircle report. In a disclosure, IFC said the investment will be made through by subscribing to preferred shares in Mumbai-based Onsitego, which announced its Series…
Clover Ventures Pvt. Ltd, which operates as an agricultural-technology firm focussed on providing greenhouse-grown fresh produce, announced it has raised Rs 7 crore in debt funding from Alteria Capital. Existing investors that took part in the debt funding round include venture capital firm Omnivore, Accel and Mayfield India. “The recently closed Series A round alongside…