JIFFY.ai, an app-based low-code/no-code intelligent automation platform, announced that it has raised $53 million as part of its Series B funding round led by Eight Roads Ventures and Fidelity. Iron Pillar, R-Squared, and existing investors Nexus Venture Partners, Reaction Capital and Rebright Partners also participated in the funding round. JIFFY.ai plans to use the funding…
Meesho, social commerce platform, has announced that it has raised $570 million. With this round, within 5 months, its valuation has now shot up to $4.9 Billion, according to a statement. The round was led by Fidelity Management & Research Company and B Capital Group. Existing investors Prosus Ventures, SoftBank Vision Fund 2 and Facebook…
Pine Labs, one of Asia’s leading merchant commerce platforms, announced an investment round with the entry of new investors Fidelity Management & Research Company, funds managed by BlackRock, Ishana, Tree Line, a fund advised by Neuberger Berman Investment Advisers LLC. IIFL AMC via its ‘Late-Stage Tech Fund’ and Kotak are also participating in this investment…
MasterClass, the streaming platform, has announced that it has raised $225M in Series F funding, led by Fidelity Management & Research Company and with participation from new investors including Baillie Gifford, Balyasny Asset Management and Eldridge together with existing investors IVP, Javelin, NEA and Owl Ventures. The Series F financing follows a $100M Series E round that…
Databricks, the Data and AI company, has announced a $1 billion investment. The Series G funding, led by new investor Franklin Templeton, puts Databricks at a $28 billion post-money valuation. Franklin Templeton is joined by other new investors including Canada Pension Plan Investment Board, Fidelity Management & Research LLC, and Whale Rock, along with new strategic investors Amazon Web Services (AWS), CapitalG…
Rivian, an automotive technology startup that develops products and services to advance the shift to sustainable mobility, announced that it has raised an additional $2.5 billion in funding from accounts advised by investment firm T Rowe Price. Other investors that took part in the current investment include Soros Fund Management, Coatue, Fidelity Management and Research,…