B2B edtech startup, based in Delhi, Eupheus Learning has announced that it has raised $10 million in the series C funding round from Lightrock India. Sarvesh Shrivastava, Co-founder and Managing Director at Eupheus Learning, commented, “We are very excited to partner with Lightrock in our vision to become the largest player in the K12 space. With the evolution of…
Ascend, a modern insurance payments platform that provides automated all-in-one financing, collections, and payables, has announced that they have raised $5.5 million in seed investment funding. The round was led by First Round Capital, with participation from Susa Ventures, FirstMark Capital, Box Group. A series of strategic angels also contributed to the funding including Joshua…
Keenon Robotics has announced $200M in Series D funding, led by Softbank Vision Fund 2*, followed by CICC ALPHA and Prosperity7 Ventures (the diversified growth fund of Aramco Ventures). China Renaissance is the exclusive financial advisor for this financing. Kentaro Matsui, Managing Director at SoftBank Group, former Managing Partner at SoftBank Investment Advisers, said, “We…
Blume Global, a provider of supply chain execution and visibility technology, has announced that it has raised new equity from London-based Bridgepoint Group. This latest funding values Blume Global at $500 million, and Bridgepoint joins funds managed by affiliates of Apollo Global Management and EQT as equity investors in the company. “When we launched Blume…
Sendcloud, an e-commerce shipping platform in Europe, has announced it has closed a $177 million Series C financing. The funding round was led by Softbank Vision Fund 2* with a significant strategic investment from L Catterton and participation from HPE Growth. “At a time when consumers around the world want to decide where, when and…
Matillion, a cloud data integration platform, has announced $150M in Series E funding, led by General Atlantic, a leading global growth equity firm, with participation from Battery Ventures, Sapphire Ventures, Scale Venture Partners, and Lightspeed Venture Partners. This funding marks Matillion’s second triple-digit round of 2021, bringing the total amount raised to $310M at a…
Easiloan.com, India’s AI-enabled fintech solution for home loans has raised its maiden round of INR 80 million from Tomorrow Capital. The start-up aims to utilize these funds for building further on their digital-only product, customer acquisition channels and activating new markets. Pramod Kathuria, Co-founder and CEO, Easiloan said, “Innovation in lending technology has sparked a…
Warehouse discovery and leasing startup, based in Mumbai, Godamwale has announced that it has raised $1 million, in the seed round, from Capt. Anand Aryamane. “We are happy to have Capt. Anand on board and we will benefit greatly from his vast experience and knowledge in the logistics and investment sector. Flexible Warehousing offers great…
Stord, the cloud supply chain platform, has announced $90 million in Series D funding led by Kleiner Perkins, with additional participation from Lux Capital, D1 Capital and Palm Tree Crew, and existing investors, including BOND, Dynamo Ventures, Founders Fund, Lineage Logistics, and Susa Ventures. In addition, Michael Rubin, Fanatics founder and founder of GSI Commerce,…
Truepic, a secure camera technology company, has announced that it has raised $26 Million in Series B funding, led by M12 – Microsoft’s Venture Fund. In addition to M12, Adobe, Sony Innovation Fund by IGV1, Hearst Ventures, and individuals from Stone Point Capital participated in the round. The investment will help expedite the scale of…
Global fintech MODIFI has announced $24M in funding, which brings its valuation to more than $120M. The round was led by new investor Heliad Equity Partners with a co-investment from Neva SGR, the venture capital investment vehicle of Italy’s banking group Intesa San Paolo. Existing investors also participated significantly, including Global Founders Capital, Maersk Growth,…
Amberdata, the digital asset data company, has announced that it has raised $15 Million Series A led by Citi. Franklin Templeton, Galaxy Digital, Rovida Kruptos Assets, and executives at GoldenTree Asset Management also participated in the capital raise. They are joined by HWVP who previously led Amberdata’s Series Seed. Amberdata will use the funds to…
Suumaya Industries Ltd., a conglomerate group, through its 100% fully-owned subsidiary Suumaya Retail Ltd. has acquired a minority stake in the value retail chain startup Nysaa Retail Private Limited, which operates stores under the brand name 1-India Family Mart. According to a statement, “This investment will enable Suumaya Industries to strengthen its foothold in the…
Interactive learning platform, based in Gurugram, OckyPocky has announced that it has secured an undisclosed sum in its seed round from Co-founder and CEO of Udaan – Sujeet Kumar and SucSEED Indovation Fund. Speaking on the appointment, Amit Agrawal, Founder and CEO of OckyPocky, commented, “Since its inception, OckyPocky has been on a mission to empower children and help them…
GimBooks, a fintech startup, has announced that it has raised undisclosed investment in the seed funding round from a group of angel investors led by First Check Ventures via the US-based AngelList platform. The round also saw participation from Y Combinator. Speaking on the announcement, Yash Raj Agarwal, Founder and CEO of GimBooks, commented, “We…