B12, an online platform for professional services firms, has announced $15.7M in funding led by Tola Capital with participation from Breyer Capital, General Catalyst, Naval Ravikant, and others. It will use the new financing to accelerate growth, recruit talent, and continue building tools that allow small service businesses to survive and thrive as they face…
CircleIt, a technology that gives users the ability to send cards, media and gifts to loved ones across time, has announced that it has secured $5.1M in series A funding. This series A round is driven by CircleIt founder Art Shaikh with participation from TeleSoft Partners, a Silicon Valley venture capital firm led by Arjun…
OYO, has announced that it has raised a TLB funding of $660 million from global institutional investors. The offer was oversubscribed by 1.7 times and the company received commitments of close to $1 bn from institutional investors. The company will utilize these funds to retire its past debts, strengthen the balance sheet and other business…
Social commerce startup Trell has announced that it has secured $45 million in its series B funding round. The funding round saw participation from Mirae Asset, LB Investments, H&M Group, Samsung Ventures, KTB Network, and Fosun RZ Capital. Existing investors also participated in the latest round. “Trell has enabled millions of Indian language internet users to discover…
Next-generation insurtech startup, Vital has announced that it has secured $3 million in a pre-Series A funding round. The round was led by BLinC Invest, a venture capital company and saw participation from Survam Partners, Venture Catalyst, as well as other angel investors. Rahul Kumar, Co-founder and CEO, Vital, stated, “Unlike traditional health insurance, which…
Urban Company, a tech-enabled home services marketplace, has raised Series F funding of USD 255 million. The Series F round was led by Prosus Ventures, Dragoneer and Wellington Management, with participation from Vy Capital, Tiger Global and Steadview. With this latest investment, Urban Company is now valued at $2.1 billion. The latest round includes a…
Exotel has announced a fresh infusion of 45 crores from A91 Partners, Blume Ventures and a panel of angel investors. The angel investors include Binny Bansal (Co-founder of Flipkart), Vikas Choudhury (President of Reliance Jio), Deep Kalra (CEO, MakeMyTrip), Rohan Angrish (Head, ICICI Labs engineering) among others. Additionally, Anand Chandrasekaran, former Facebook and Snapdeal product leader, is joining Exotel as an advisor and…
Breinify, the lightweight personalization platform, has raised $11M in seed funding. This new round was led by Gutbrain Ventures and PBJ Capital, with participation from Streamlined Ventures, The CXO Fund, Amino Capital, Startup Capital Ventures and Sterling Road. “Breinify is taking the world by storm with their incredibly powerful AI personalization platform. They have done…
Riiid Inc, an AI education company and a member of Born2Global Centre, has raised $175 million investment from SoftBank Vision Fund 2. SoftBank Vision Fund 2 led the round as the sole investor, which brings Riiid’s total funding to $250 million. It is Riiid’s largest funding round to date. “Riiid wants to transform education with AI, and achieve a…
Litigation financier LegalPay has raised an undisclosed funding in its seed round led by 9Unicorns, accelerator VC. The round also saw participation from investment platform LetsVenture, angel investors including founder of Knowlarity and founder of PE-fund Basis Vectors – Ambarish Gupta. Kundan Shahi, CEO of LegalPay, stated, “Litigation finance promotes lawsuits to be decided purely on their merits.…
AI startup Fireflies.ai has announced that it has raised $14m (Rs 100 Cr) in the latest financing round. The Series A round was led by Khosla Ventures, with participation from its seed investor, Canaan Partners. This follows a $5m seed round at the end of 2019. The enterprise AI company also announced that Sandhya Venkatachalam…
Immuta, the provider of cloud data access control, has announced that it has secured $90 million in Series D funding. Immuta will use the investment to further its market leadership position and capture rising demand for centralized, scalable access control across cloud data sets, the company said in a statement. The new investment comes less…
ANSR has secured $15 million from Sistema and Evolvence. Evolvence, sponsored by Evolvence Asset Management, is a India focused Private Equity platform for providing international investors with returns within the private markets in India. Sistema is a publicly traded Russian investment company with a diversified portfolio of assets serving over 150 million customers in the…
Private space tech company Agnikul has secured $11 million in its latest funding round. The Series A round was led by venture capital firm Mayfield India. Globevestor, Beenext, LionRock Capital, along with angel investors Anand Mahindra, Naval Ravikant, Balaji Srinivasan and Nithin Kamath, among others also participated in the financing round. The round also saw…
High Street Essentials (HSE), owner of Indya and FabAlley, has secured Rs 25.5 crore in funding. The round was led by its existing investors India Quotient, Elevation Capital, Dominor Holding and family offices. With this funding, the Indian fashion brand is valued at around $75 million. “We had offers from other external investors too, but…