Iyuno-SDI Group, a provider of localization services to the media and entertainment industry, has announced that it has secured a $160 million investment from SoftBank Vision Fund 2. The investment will provide Iyuno-SDI with the necessary resources to support its mission of transforming the localization industry. SoftBank Vision Fund 2 will become one of the…
Groww has secured $83 million in Tiger Global led Series D funding round. With this, the online investment platform enters the startup unicorn club of India. Prior to this, Tiger Global, the New York-based investment fund, has made two investment in this sector – Upstox and IndWealth. The round also saw participation from existing investors…
OfBusiness has raised $110 million in its Series D2 funding round at a $800 million post-money valuation. The funding round was led by Falcon Edge Capital and also saw participation from Matrix Partners India, Norwest Venture Partners and Creation Investments. Asish Mohapatra – Cofounder and Chief Executive Officer told to ET, “In our mission of…
ShopSe, a Point of Sale startup, has secured Rs 40 crore ($5.5 million) in Chiratae Ventures and BeeNext led funding. The round also saw participation from Opus, Pentathlon Ventures and Yatra Angel Network of Abhishant Pant. “We are delighted that leading banks and NBFCs of India also agree with our view and have chosen to…
The digital financial services company Alpian SA, incubated by the Swiss banking group REYL & Cie Ltd, has announced a Series B funding worth around USD18 million. The company’s latest funding will allow Alpian to finalise the development of its digital offering tailored for the mass affluent population, individuals with investible assets between CHF100,000 and…
NuScale Power has announced that it has finalized an investment and strategic partnership agreement with JGC Holdings Corporation (JGC HD), a holding company of the EPC contractor group company headquartered in Japan. As part of a commercial relationship with Fluor Corporation – NuScale’s majority investor and EPC partner in the United States – JGC HD…
Värde Partners, a global alternative investment firm, has announced that it has provided senior construction financing on two pre-leased office assets in the Gachibowli Financial District of Hyderabad, India. The $155 million facility will be used to refinance and fund to completion over 2.5 million square feet across the two Grade A developments owned by…
Fantasy sports platform Fantasy Akhada has secured Rs 5 crore through Prime Securities. Fantasy Akhada, the Fantasy Platform is backed by the Voice of Cricket – Harsha Bhogle. It provides users with a platform, covering Fantasy Cricket and Fantasy Football, where they can come, play, and win contests. Commenting on the development, Founder of Fantasy…
Guide Education, a UK based education-tech company founded by former Headteacher Leon Hady, has raised £6 million (US$8.25 million) to address the increasing shortages of qualified teachers. The round is led by the UK Government Future Fund and other private investors. Novistra capital acted as advisors. Guide Education currently works with over 700 schools and…
CareerLabs has raised $2.2 million in funding led by Global Founders Capital, Rocket Internet’s VC fund. Toshan Tamhane, chief digital officer at UPL, Ajit Isaac, founder chairman of QuessCorp, Rohit Kale, managing director at Spencer Stuart, Ghanshyam Dass, former MD (Asia Pacific & Middle East), Nasdaq, Abhishek Nag, director of business development (India & South…
Workshop, a platform for sharing and finding important internal information, has raised a $3.5 million seed round. The round included a group of prominent Midwest venture funds and angel investors, including Ludlow Ventures, M25, and Linseed Capital. The startup also announced their founding team, which includes Dusty Davidson and Rick Knudtson (former founders of Flywheel) and Ben Stevinson and Derek Homann (former founders of Median).…
AppTweak, an App Store Optimization (ASO) platform driven by data science, has announced a $22 million investment in Series B funding from early investor Media Group Rossel. AppTweak intends to use the funds to strengthen its international presence, notably in APAC and EMEA, expand its app marketing platform and broaden its managed services. Launched in…
PlayShifu, the early learning toy company teaching the complete spectrum of foundational skills through physical and digital play, has announced that it has raised $17 million through a series B as the company plans eight product launches in 2021. Inventus Capital India led the round with Inflexor Ventures joining as a new investor. Chiratae Ventures…
Food delivery platform Swiggy has secured $800 million in funding at $5 billion valuation. The investment was received from Think Investments, Falcon Edge, Carmignac, Amansa Capital, and Goldman Sachs, among others. “The fundraise was oversubscribed due to the strong recovery following pandemic-induced disruption,” said Sriharsha Majety in an email sent to employees. “The fundraise gives…
Indian-origin social commerce platform – Meesho has announced that the company had raised $300 million from SoftBank Vision Fund. Existing investors – Facebook, Prosus Ventures, Venture Highway, Shunwei Capital and Knollwood Investment also participated in the latest financing round of Meesho. Speaking on the investment, founder and CEO of Meesho – Vidit Aatrey said, “We are…