As the coronavirus pandemic has halted onsite learning at school, colleges and tuition, edtech platforms have been witnessing a surge in their user database. Taking into account the demand of these platforms, investors have been aggressively putting their bets on these platforms. Recently, Noida-based Classplus announced that it is set to go ahead with its…
Philadelphia-based collaborative knowledge management platform Guru recently announced that it has raised $30mn in Series C funding round. The round was led by Accel with participation from Emergence Capital, Thrive Capital, FirstMark Capital, Slack and Michael Dell’s MSD Capital. According to Crunchbase, the recent fund infusion brings the company’s total raised to nearly $71mn. Earlier…
Synthetic biology company EnginZyme, recently announced that it has raised €6.4mn in Series A investment led by Sofinnova Partners. With the new investment, the company’s total funding stands over €10mn. The company plans to use these funds to accelerate the development of EnginZyme’s technology platform and take its first internal production process to pilot. The…
Online real estate rental platform NoBroker.com recently announced that it has raised $30million in Series D funding round by General Atlantic. Reportedly, this is the third investment by the Singapore-based Venture Capitalist firm in the startup. The company said this is an extension of its Series D funding, as part of which it had raised…
Wellthy Therapeutics, a diabetes management startup, has recently raised $4mn in a pre-Series A funding round from early-stage VC firm Saamna Capital. The recent funding in the startup comes after a two year gap when the company had raised seed funding from Ranjan Pai’s family office MEMG, according to an Entrackr report. In 2018, the…
Gurugram and Patna-based agritech startup DeHaat recently announced that it has raised $12mn (₹83Cr) from investors. The recent funding round was led by Sequoia India and saw participation from FMO, the Dutch entrepreneurial development bank along with existing investors Omnivore and AgFunder. According to the company website, DeHaat is a technology-based platform offering full-stack agricultural…
Gurugram-based foodtech unicorn Zomato recently announced that it has raised $5mn in its Series J funding round. The funding round was led by Pacific Horizon Investment Trust PLC through its agent Baillie Gifford and Company. According to company regulatory filing, Pacific Horizon has been allotted 1,177 Compulsorily Convertible Cumulative Preference Shares (CCCPS). Each of these…
Food delivery platform Swiggy has recently raised $43mn in its ongoing Series I funding round. The funding round was led by existing investor Tencent and saw participation from Ark Impact Asset Management, Korea Investment Partners (KIP) and MACM India Growth Fund. The company had initiated its Series I round in February and had raised $113…
Agritech startup Ergos recently announced that it has raised ₹35Cr in a Series A funding round from Aavishkaar Capital, the investment arm of Aavishkaar Group. It is being said that the Series A funding is expected to be a part of a larger INR 100 Cr round which will see participation from Aavishkaar Capital and…
Mumbai-based online beauty retailer Nykaa recently announced that it has raised ₹100Cr from existing investor Steadview Capital. Nykaa had earlier raised ₹100Cr from Singapore-based investment firm TPG Growth at a valuation of $724mn in March 2019. It was also being speculated for quite some time now that Nykaa has been planning for larger funding round…
Thiruvananthapuram-based neo-diagnostics startup Sascan Meditech Pvt. Ltd has recently raised an undisclosed amount of funding from Mumbai-based venture capital firm Unicorn India Ventures. The recent fund infusion by Unicorn India Ventures follows the first closure of its second fund at $12mn. SaScan is an innovative neo-diagnostics startup developing integrated hardware and software solutions for medical…
QTalk, a smartphone dialer designed to make phone calls stress free has now secured $1.6 million in the seed funding round led by the LightSpeed Venture Partners and Accel India to accelerate product and market development. QTalk is the only public product of Quiph Media Private Limited that initiated operations in early 2018. Founded by…
Log management platform Humio, recently announced that it has raised $20mn in Series B funding round. The funding round was led by Dell Technologies Capital, the global venture capital investment arm of Dell Technologies along with existing investor Accel. With the recent investment, the company plans to increase its capabilities to keep pace with demand…
CoreStack, a Seattle- Chennai based, venture-backed, Enterprise-Cloud Governance Technology Startup with R&D Centre in Chennai, recently announced an $8.5 million in Series A Financing round led by Naya Ventures with participation from strategic investors. With the recent funding, the company plans to add 20 more cloud specialists to its existing workforce of 64 in its…
Blue Planet Environmental Solutions Pte Ltd (Blue Planet), a Singapore headquartered company driving regional sustainability through technology-driven and IP based end-to-end solutions for waste management and upcycling, announced it has raised US$25 million from Nomura, Asia’s global investment bank. The company will utilise the funds raised to continue its efforts to develop integrated, inclusive and…