Global media SaaS technology company Amagi Saturday has announced that it has secured over $100 million in funding round from Avataar Ventures, Accel Partners, Premji Invest and Norwest Venture Partners. Speaking on the announcement, Baskar Subramanian, Co-founder and CEO of Amagi, stated, “Amagi will immensely benefit from the collective experience of Accel, Avataar, Norwest, and…
Gaming platform GameEon Studios has announced that it has received investment from Mumbai Angels Network, startup investment platform. Nikhil Malankar, Founder – GameEon Studios, stated, “At GameEon Studios, we firmly believe we are building a revolutionary gaming company, which is still at a nascent stage. We have positioned ourselves accurately from the very beginning to…
KKR, a global investment firm, announced that it has agreed to invest $40 million in preferred equity in Jet Edge International (Jet Edge), an Ohio-based global leader in full-service private aviation responsible for operating the largest fleet of Challenger and Gulfstream aircraft available for charter in the United States. KKR is making the investment in Jet Edge through its credit funds…
PolyAI, a supplier of enterprise-ready voice assistants, has secured investment from Khosla Ventures and recent deals with Landry’s Entertainment, Greene King, Starling Bank and Viasat. “We were expecting the system to handle 40% of calls, but at launch it handled 80%, and within two weeks it was up to 87%,” said Brian Jeppesen of Landry’s…
Employee wellness platform Nova Benefits has announced that it has raised $10 million in the series A funding round co-led by Bessemer Venture Partners and Susquehanna International Group (SIG). The funding round also saw participation from existing investors Titan Capital, Multiply Ventures along with Better Capital. Yash Gupta, Co-founder and CTO, stated, “We are not…
Wisetack, a technology company that brings buy now, pay later to in-person services like home and auto repair, has announced a $45M Series B fundraise, led by New York-based global private equity and venture capital firm Insight Partners, with existing investors Greylock Partners and Bain Capital Ventures, among others, also participating in the round. This…
Fin, a Work Insights Platform that transforms data across applications into productivity insights for enterprise customers, has announced its $20 million Series A funding round led by Coatue, with participation from First Round Capital, Accel, and Kleiner Perkins. Fin has also brought on Evan Cummack, an enterprise SaaS industry veteran and former Twilio executive, as…
Offline to online social commerce startup, based in Mumbai, Coutloot has announced that it has raised $8 million in a Ameba Capital led pre-series funding round.. Other investors including 9Unicorns, SOSV, Astarc Ventures, along with existing investor Venture Catalysts also participated in the funding round. Speaking on the investment, Kevin Wang, Managing Partner – Ameba…
Elearning platform Lido Learning has announced that it has secured $10 million in Unilazer Ventures led funding round. Sahil Sheth, Founder and CEO of Lido Learning, commented, “We’re going to use this new round of capital to double down on our efforts to connect students all over the world with India’s exceptionally well-qualified and dedicated teaching…
Bengaluru-based home interior startup HomeLane has announced that it has raised $50 million in the Series E funding round led by OIJIF II (Oman India Joint Investment Fund), Stride Ventures and IIFL AMC’s Late Stage Tech Fund. Existing investors Pidilite, NuVentures, Evolvence, Accel and Sequoia also participated in the funding round. Srikanth Iyer, Co-founder and…
Agritech platform Farmers Fresh Zone has announced that it has raised Rs 6 crore in pre-series A funding round from existing investors. The fresh funding round was saw participation from Indian Angel Network (IAN), IAN Fund, Native Angel Network and Malabar Angel Network. Speaking on the investment, Pradeep PS, Founder and CEO – Farmers Fresh…
Mavenick Consulting, the parent company of KlearStack, has announced signing of definitive agreements for a strategic investment round led by GI Projects Pte. Ltd., Singapore (part of Virenxia group) and India based ITCube Solutions Pvt. Ltd. Mavenick Consulting has been providing Artificial Intelligence solutions to industries globally since 2018. Their KlearStack SaaS platform offers end-to-end…
Skydweller Aero Inc., a U.S.-Spanish aerospace company developing solar powered aircraft for defense and commercial industries, has announced it has raised $40 million in an oversubscribed Series A funding round. This new figure reflects $8 million of additional funding after the aerospace company previously reported its Series A close in 2019. The financing was led…
Databricks, the Data and AI company, has announced the final closing of their recent Series H funding. Cloud leaders and existing investors Amazon Web Services (AWS), CapitalG, and Microsoft will participate in Databricks’ $1.6 billion round of funding, which puts the company at a $38 billion post-money valuation. The Series H funding will be used…
D2C food startup Anveshan has said that it has secured Rs 3.67 crore in DSG Consumer Partners led seed funding round. The round also saw participation from Titan Capital and Avaana Capital’s Anjali Bansal along with boAt Lifestyle and Beardo founders. Speaking on the funding, Aayushi Khandelwal, Co-founder, Anveshan, stated, “We, as a brand, wish to…