Meesho, social commerce platform, has announced that it has raised $570 million. With this round, within 5 months, its valuation has now shot up to $4.9 Billion, according to a statement. The round was led by Fidelity Management & Research Company and B Capital Group. Existing investors Prosus Ventures, SoftBank Vision Fund 2 and Facebook…
Lifebit Biotech Ltd, the precision medicine software company democratising access to biomedical data for governments, healthcare providers and research teams worldwide, has raised a $60 million Series B funding round, led by global investment firm Tiger Global Management. Existing investors Eurazeo, Pentech Ventures, and Beacon Capital also participated. “Making distributed highly-sensitive biomedical data usable while…
IoT Carrier 1NCE has announced $50M in financing. The capital is provided by investors including Deutsche Telekom, SoftBank, and other investors. 1NCE offers cellular device connectivity at a fixed price in over 100 countries via 2G, 3G, 4G, 5G, NB-IoT and LTE-M. 1NCE will use the fresh capital to accelerate international expansion and fuel growth…
Gem has announced that it has raised $100 million in series C funding round at a $1.2B valuation. The round was led by ICONIQ Growth and includes participation from returning investors Greylock and Accel, as well as new investors Sapphire Ventures and Meritech Capital. According to a statement, as of September 2021, Gem counts over…
Leena AI has announced that it has raised a $30 million Series B financing round, bringing the company’s total amount raised to $40 million. New investors Bessemer Venture Partners led the round with participation from existing investor Greycroft. The round also included an investment from Facebook co-founder, Eduardo Saverin’s B Capital Group. The new capital…
Energize Ventures, a global alternative investment manager that funds digital-first solutions accelerating the sustainable energy transition, has announced the closing of a second flagship fund with total capital commitments of $330 million. Energize intends to invest in digital solutions with proven potential to optimize energy, critical infrastructure and sustainable industries. The firm will continue to…
Burro, formerly known as Augean Robotics, an autonomy company providing solutions for the agriculture industry, has announced that it has raised a $10.9 million Series A. The round was led by S2G Ventures and Toyota Ventures, with F-Prime Capital and the Cibus Enterprise Fund joining, along with existing investors including Radicle Growth and ffVC. “Many…
Astrome, a deeptech startup, has announced that it has raised $3.4 million in IAN Fund led bridge funding round. The round also saw participation from Germany-based Urania Ventures, Lakshmi Narayanan (Founder, Cognizant), Impact Collective from South Korea, India’s ArtPark, among other angel investors. “Astrome is the only company that has a product which features multiple-point-to-point…
New Delhi based Altius Venture Partners has launched their first fund with a target corpus of INR 100 Cr seeking to invest in early-stage startups across sectors. The fund, which is in the process of registering itself with the Securities and Exchange Board of India (SEBI) as a Category II fund, is backed by Navyug…
Arize A has announced that it has raised $19 million in Series A financing. The round was led by Battery Ventures with participation from previous investors Foundation Capital, Trinity Ventures, The House Fund and Swift Ventures. Dharmesh Thakker, general partner at Battery Ventures will join the Arize AI board. “In the same way that tools…
Preqin, the global provider of alternative assets data, tools, and insights, has announced that it has entered a partnership with the Indian Private Equity and Venture Capital Association (IVCA), under eligibility from the Securities and Exchange Board of India (SEBI), to produce performance benchmarks for alternative investment funds (AIFs) as an official benchmarking agency. Ee…
Bharat Petroleum Corporation Limited (BPCL) has announced that it is accelerating its focus in new business segments for sustainable growth, thereby mitigating risk in oil & gas space. According to a statement, BPCL is exploring opportunities in biofuels, petchem, gas, electric mobility, consumer retail and digital transformation. “In the years to come, BPCL has made…
Entrepreneur First (EF), UK-based global talent investor, has announced investment in six tech start-ups from India. With the latest funding, EF has invested in 34 tech start-ups in the country since its launch in India in 2019. According to a statement, “EF’s latest ‘Investor Reveal’ introduced six promising start-ups to top early-stage investors in the…
Chqbook, a neobank for small business owners, has raised INR 400 million in a pre-series B round for ramping up user acquisition and strengthening technology. The equity round was led by existing investor Aavishkaar Capital and the Rajiv Dadlani Group. It also saw participation from Earlsfield Capital U.K., and Family Offices and HNI investors including…
DICE, the music discovery and events ticketing platform, has announced that it has raised up to $122 million in Series C funding. The round was led by new investor, SoftBank Vision Fund 2, with follow on investments from Tony Fadell’s Future Shape, Blisce, French entrepreneur Xavier Niel, Mirabaud Private Equity, Cassius and Evolution. “We believe…