Fintech startup FinBox has raised $15 million in a funding round led by A91 Partners. Aditya Birla Ventures and Flipkart along with existing investors Arali Ventures also participated in the funding round. The company will use the fresh infusion to expand its offering in Southeast Asian markets and double its staff from 85 currently, it…
Tag: funding round
Lido Learning secures $10M investment led by Unilazer Ventures
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•Elearning platform Lido Learning has announced that it has secured $10 million in Unilazer Ventures led funding round. Sahil Sheth, Founder and CEO of Lido Learning, commented, “We’re going to use this new round of capital to double down on our efforts to connect students all over the world with India’s exceptionally well-qualified and dedicated teaching…
Clearco raises $215M USD in new round of funding led by SoftBank Vision Fund 2
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•Clearco, an e-commerce investor, has announced a $215M US new round of funding led by new investor SoftBank Vision Fund 2. “We’re a company that was built by founders for founders, and we’ve all faced the same issues we are working to not only solve but replace with better products and opportunities through an entire…
Amplicore, Inc. Announces Closing of a $4M Seed Funding Round
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•Amplicore Inc., an early-stage biopharmaceutical company currently developing locally delivered and minimally invasive therapeutic solutions for musculoskeletal diseases, has closed its Series Seed round of funding at $4 million. Investments were led by Photon Fund, with participation from Industrial Technology Investment Corporation, Berkeley Catalyst Fund, and SVE Capital. “We are very pleased to have accomplished…
Online learning platform Byju’s raises $500 mn led by Silver Lake at $10.8 bn valuation
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•Byju’s announced that it has raised $500 million in a new financing round led by Silver Lake at a $10.8 billion valuation, reports TechCrunch. Existing investors Tiger Global, General Atlantic and Owl Ventures also participated in the new financing round, India’s second most valuable startup Byju’s said in a statement. “We are excited to welcome…
Gaana raises $50 mn funding from Tencent, Times Internet
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•Gaana, the music and podcast streaming platform, announced that it has raised $50 million in a fresh round from existing investors Tencent and Times Internet. The investment comes after two years when Tencent led the $115 million funding round in the music streaming platform. Earlier, Tencent had invested in Khatabook, DoubtNut, Pratilipi and Swiggy. According…
Canada-based HR platform Humi raises $15mn in Series A funding round
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•Canada-based all-in-one HR platform Humi recently announced that it has raised CAD$15mn in Series A funding round. The platform provides small to medium-sized businesses with HR, payroll, and benefits solutions. The company raised the funding in both equity and debt. The funding round was led by early-stage venture capital firm Tribe Capital. Tribe has also…
Trading platform Sparrow raises $3.5mn in Series A funding
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•Singapore-based options trading platform Sparrow recently announced that it has secured $3.5mn in Series A funding round. The company plans to use these funds to accelerate its platform development. The funding round was led by the HDR Group, owner and operator of BitMEX, with participation from Signum Capital, Du Capital and FinLab EOS VC. The…
Edtech streaming platform MasterClass raises $100mn in Series E funding
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•Edtech streaming platform MasterClass recently announced that it has raised $100million in Series E funding round. The fundraiser was led by Fidelity Management & Research Company with participation from new investors including Owl Ventures, 01 Advisors. Existing investors NEA, IVP, Atomico, and NextEquity also participated in the funding round. Founded in 2015, the streaming platform…
Former Tesla executive’s electrical solutions startup Span raises $10mn
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•California-based smart electric panel company Span.io recently announced that it has raised $10.2million in Series A funding round. The funding round was led by ArcTern Ventures. The round also saw participation from Capricorn Investment Group, Incite Ventures, and a few existing investors. With the new funds, the company plans to meet the demand and scale…
Fintech startup Digio raises $4mn in series B funding
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•Bangkok-based fintech startup Digio recently announced it has raised $4million in a Series B round. The funding round saw participation from Thai interbank payments provider PCC, Beacon Venture Capital, and Private Equity Trust for SME Growing Together 2. The company plans to use these new funds to accelerate product and services development. The company said…
Home services platform GoodWork raises $1.6mn in seed round
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•Philippines-based home services platform GoodWork recently announced that it has raised $1.6 million in seed funding. The funding round was led by US-based Chaac Ventures. According to a company statement, clutch of angel investors from Facebook and Snapchat along with other US investment funds such as Elysium Ventures and Kairos K50 also participated in the…
Uber leads $170 mn funding round in bike-sharing startup Lime
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•Uber, an American multinational ride-hailing company is leading a $170 million investment in scooter- and bike-sharing startup Lime, in a move that deepens the ties between the two “sharing economy” platforms, the companies said. Other investors that took part in the funding round are Alphabet, Bain Capital Ventures, GV and other existing and new investors,…
Singapore-based Nium closes latest funding round
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•Nium, Singapore-based global fintech platform, announced that the company has completed its latest fundraise. Visa, the world’s leader in digital payments, participated in the round along with existing investors. Another new investor to join the fold was BRI Ventures, the Corporate Venture arm of Bank BRI of Indonesia. “I am thrilled to announce that we…
Treasury Prime raises $9mn in Series A funding round
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•San Francisco-based Treasury Prime recently announced that it has raised $9mn in its Series A funding round. The funding round led by Amias Gerety of QED Investors with participation by Jason Lemkin of SaaStr and Hans Morris of NYCA Partners. The recent funding round builds on Treasury Prime’s previous $2.5mn seed round. With the latest fund infusion, the company’s total funding nears $11.5mn.…