Tag: DST Global

Falcon Edge, DST Global, D1 Capital and RedBird Capital lead $840 Million investment in Dream Sports at $8 Billion valuation

Dream Sports, India’s sports tech company with brands such as Dream Capital, FanCode, Dream11, DreamSetGo, Dream Game Studios, and DreamPay in its portfolio, has announced the completion of an investment of $840 Million at an $8 Billion valuation, led by Falcon Edge, DST Global, D1 Capital, RedBird Capital and Tiger Global. The round also saw…

Refyne raises $20.1M in Series A round

Earned wage access (EWA) platform Refyne has announced that it has raised $20.1M in a Series A funding round. The round saw participation from new investors DST Global and RTP Global along with existing investors Jigsaw VC and QED Investors. XYZ Capital also participated in the funding round. The Bengaluru-based platform will use the fresh funds raised to augment the…

Udaan raises $280 mn in funding from Lightspeed Venture Partners, Tencent, others

Business-to-business (B2B) e-commerce major Udaan on Wednesday said it has raised USD 280 million (about Rs 2,048 crore) in funding from existing and new investors, including Lightspeed Venture Partners and Tencent, according to PTI report. Existing investors of Udaan – Lightspeed Venture Partners, DST Global, GGV Capital, Altimeter Capital, and Tencent – participated in the…

Cred raises $81 mn in Series C round led by DST Global

Cred has raised $81 million in Series C funding round led by DST Global. Post funding, the startup is valued at $806 million (about Rs 5,883 crore). Sequoia Capital, Ribbit Capital, Tiger Global, and General Catalyst also participated in the funding round, a statement said. In addition, Sofina, Coatue and Satyan Gajwani of Times Internet…

Gurugram-based Cars24 turns unicorn after $200 mn funding round

Cars24, an online platform for selling pre-owned vehicles, has raised $200 million in a Series-E funding round led by DST Global at a post-money valuation of over $1 billion. Existing investors Exor Seeds, Moore Strategic Ventures and Unbound also participated in the funding round. The company will use the current funding to invest aggressively in…

Byju’s raises $122 mn Series F funding from DST Global

Byju’s, the Bengaluru-based online educational services provider that offers technology based education platforms for primary and secondary school subjects, overseas and domestic test preparation courses, engineering and medicine announced that it has raised $122 million from tech billionaire Yuri Milner’s investment fund DST Global. Byju’s has allotted 42,666 Series F preference shares to DST Global…

Asian e-grocer Weee! raises $35 mn Series C funding led by DST Global

Weee!, the largest and fastest growing Asian e-grocer in the United States, announced $35 million in Series C financing led by DST Global; bringing the total capital raised to over $100 million.  The new capital will be used to further accelerate the company’s nationwide expansion and recruitment efforts. Earlier this year, former Chief Operations Officer…

Online grocery store Instacart raises $225mn In a new funding round

San Francisco-based online grocery store Instacart recently announced that it has raised $225mn as part of a new financing round led by DST Global and General Catalyst, with existing investor D1 Capital Partners participating.  The investment comes as Instacart continues to experience an unprecedented surge in customer demand for grocery delivery and pickup due to…

Swiggy raises $1 billion funding from Naspers, Tencent and others.

Online food delivery startup Swiggy has raised $1 billion in a fresh round of funding led by South African multinational internet and media group Naspers, with the entry of new investors like China’s Tencent, Hillhouse Capital, and Wellington Management. Avendus Capital was the financial advisor to the transaction. According to sources, with this new round of funding…