EduRev, a Gurugram-based e-learning platform that provides students the freedom to learn what they want, announced that it has raised an undisclosed amount of funding from former Facebook director and Snapdeal senior executive Anand Chandrasekaran, according to a ETtech report. Founded in 2017 by Kunaal Satija and Hardik Dhamija, EduRev is an online marketplace for…
International Finance Corporation announced that it has plans to invest $10 million in Onsitego, India’s customer service company for personal devices, gadgets, small and large home appliances, according to a VCCircle report. In a disclosure, IFC said the investment will be made through by subscribing to preferred shares in Mumbai-based Onsitego, which announced its Series…
CreditMantri, a Chennai-based data-driven platform that provides credit and financial reports to users based on their credit history, is set to raise a little over Rs six crore from a clutch of existing investors, according to a VCCircle report. According to regulatory filings, the company has issued and offered 1.11 lakh Series B4 compulsorily convertible…
Tring, a Mumbai-based celebrity engagement platform, announced it has raised funds from top entrepreneurs and startup investors including Kalyan Krishnamurthy of Flipkart, Sujeet Kumar of Udaan, Gaurav Munjal of Unacademy, Keshav Sanghi of VentureWorks India, Roman Saini of Unacademy, Hemesh Singh of Unacademy, and Sumit Jain of Opentalk amongst others. Earlier, the startup had raised…
Tapcart, a US-based mobile commerce SaaS platform that integrates directly with Shopify, enabling brands to quickly and easily build native mobile apps for their eCommerce stores, announced that it has secured an additional $10 million in Series A funding led by SignalFire with the participation of previous investors, Greycroft and Amplify. Till now, Tapcart has…
Cyberbit, an Israel-based startup that provides a unified, product suite for threat detection, incident response, and simulated training, across IT, OT, and IoT, announced that it has received an investment of $70 million from Charlesbank Technology Opportunities Fund, a fund managed by Charlesbank Capital Partners. The deal is a combination of a primary investment and…
Vakilsearch, a Chennai-based online professional services platform for lawyers, corporate bodies, and professionals in India, announced it has raised an undisclosed sum from technology growth investor and the Co-founder of B2B ecommerce platform Udaan, Sujeet Kumar, according to a media report. Vakilsearch CEO Hrishikesh Datar said, “At Vakilsearch, we have always focussed on providing businesses…
LetsTransport, a Bengaluru-based intra city logistics firm that aggregates light commercial vehicles for urban logistics, announced that it has received an investment of Rs 13 crore from InnoVen Capital, according to YourStory report. Ashish Sharma, CEO of InnoVen Capital India said in a statement: “We continue to be bullish on the logistics space and expect…
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…
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…
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…
Magicpin, a Gurugram-based local discovery, rewards, and commerce platform, announced it has raised funding of Rs 29.3 crore led by Lightspeed Venture Partners, along with the participation of Moonstone Investments, WaterBridge Venture, The Bunting Family Private Fund, and Srivatsan Rajan, according to the RoC documents. Till now, the company has raised $31 million in five…
Caspian Debt, a Hyderabad-based digital corporate lending financial services firm, announced it has raised $20 million as long-term debt. The debt provider has raised this capital from the US International Development Finance Corporation (USIDFC), an arm of the US government that provides finance to impact-oriented projects, Caspian said in a statement. This fund facility will…
Steadview Capital, an Asia-focused hedge fund, announced it has invested an additional Rs 67 crore in online beauty retailer Nykaa. Till now, the firm has invested close to Rs 170 crore in the company and holds a 3% stake in the venture. The latest capital infusion follows the Rs 100 crore investment Steadview Capital made…
Ecoinno (H.K.) Ltd, a Hong Kong-based green material company focused on providing alternatives to single-use plastics, announced the closing of a US$6 million Series A1 funding from the Alibaba Hong Kong Entrepreneurs Fund and Alibaba Taiwan Entrepreneurs Fund II. The company will utilise the fund infusion to begin industrial-scale production of its proprietary Green Composite…