Business-to-business (B2B) e-commerce major Udaan on Wednesday said it has raised USD 280 million (about Rs 2,048 crore) in funding from existing and new investors, including Lightspeed Venture Partners and Tencent, according to PTI report. Existing investors of Udaan – Lightspeed Venture Partners, DST Global, GGV Capital, Altimeter Capital, and Tencent – participated in the…
Turtlemint, a Mumbai-based insurance-technology platform, has raised $30 million in a Series D funding round led by global venture capital firm GGV Capital. Other investors American Family Ventures, MassMutual Ventures and SIG, along with existing investors Sequoia Capital India, Blume Ventures, Nexus Venture Partners, Dream Incubator and Trifecta Capital participated in the round. Founded in…
Vedantu, a Bengaluru-based LIVE online learning platform that enables personalized learning, announced that it has raised $100 million Series D funding led by US-based Coatue Management. Existing investors Tiger Global, GGV Capital, Omidyar and Westbridge Capital also participated in the funding round. The latest capital raising values the online live tutoring startup at $600 million,…
Geek+, a global provider of advanced robotics for logistics, announced that it has closed its Series C funding round at over $200 million in early 2020. Geek+ continues to lead the industry with the largest fundraising to date, following a $150 million B series in November 2018, already the largest in the industry, the company…
Vedantu, a Bengaluru-based LIVE online learning platform that enables personalized learning, announced it has raised $12.5 million (Rs 96 crore) Series C1 funding led by Chinese venture capital firm Legend Capital, with participation from Omidyar’s Ohana Holdings LLC. While Legend Capital pumped in close to Rs 74 crore, Omidyar pumped in Rs 22.1 crore. In…
Bengaluru-based online money lending startup Rupeek, recently announced that it has raised $60mn in funding across two rounds from investors including Flipkart co-founder Binny Bansal and GGV Capital. Other investors like Tanglin Venture Partners and KB Investments also participated in the funding. Existing investors Sequoia Capital and Accel were also present during the funding rounds.…
Vedantu, an Edtech startup company, announced it has raised $24 million in funding led by GGV Capital. Existing investors also participated in the funding round. Last year the company raised $42 million funding led by Tiger Global. Vedantu will utilise the capital for branding and expanding its presence to new categories such as early childhood…