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Investment

Reelo raises $1 mn from Silicon Valley investor Gokul Rajaram

Customer loyalty and marketing startup Reelo has raised $1 million from solo capitalist Gokul Rajaram, the Silicon Valley- based angel investor, who has backed companies like online marketplace Faire, Figma, and collaboration software startup Airtable, according to ETtech report. Based in Ahmedabad, Reelo plans to utilise the fresh capital to fuel its growth initiatives that […]

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Acquisition

Adobe acquires Figma for $20 billion

Adobe announced it has entered into a definitive merger agreement to acquire Figma, a leading web-first collaborative design platform, for approximately $20 billion in cash and stock. The combination of Adobe and Figma will usher in a new era of collaborative creativity, a statement said. Figma is a design platform for teams who build products […]

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Investment

Netlify raises $53 mn Series C funding to fuel expansion

Netlify announced it has raised $53 million in Series C funding to accelerate the development and adoption of its web development platform based on git workflows and the modern JAMstack web architecture it pioneered.  The Series C funding round is led by the EQT Ventures Fund . Existing investors Andreessen Horowitz and Kleiner Perkins, as […]