LeverageEdu, an AI-enabled marketplace designed to help students with their higher education and career growth plans, has raised over $6.5 million funding led by Tomorrow Capital along with existing investors Blume Ventures and DSG Consumer Partners. The fresh funding round also saw participation from Ash Lilani, Saama Capital founder and Amrish Rau, PayU CEO. Founder…
An edtech firm, Pariksha, has secured $2 million in the fresh financing round. The pre-Series A funding round saw participation from Bharat Inclusion Seed Fund, LetsVenture Plus, Innercircle and 9Unicorns. The round also saw participation from INSEAD Angels and Venture Catalysts. Founder and CEO,Pariksha – Karanvir Singh stated, “This round will help us shift up…
Personetics, a provider of data-driven personalization and customer engagement solutions for banks and financial services providers, has raised $75m in growth funding from Warburg Pincus LLC, a global private equity firm focused on growth investing. Personetics is backed by Viola Ventures, Lightspeed Ventures, Sequoia Capital and Nyca Partners. Terms of the transaction were not disclosed. …
UptimeAI has secured $1.5 million in the latest funding round. The seed round was led by YourNest Venture Capital along with other angel investors. Vamsi Yalamanchili, CTO and Co-founder of UptimeAI, said, “Customers are tired of spending millions, getting stuck in endless pilots and waiting for years to get a return on investment. At UptimeAI,…
1Kosmos, the cybersecurity solution to provide digital identity proofing and passwordless authentication, has announced a $15 million investment from ForgePoint Capital, the premier venture investor for early-stage cybersecurity companies. Led by CEO Hemen Vimadalal, CTO Rohan Pinto and CSO Mike Engle, 1Kosmos’ family of products—BlockID Verify, BlockID Workforce and BlockID Customer—delivers security for enterprises and…
Pattern Health, a digital health company that accelerates digital health innovation, has announced that they have received $1.5 million in new funding from investors Co-founders Capital and The Launch Place. The new capital will be invested in platform and product development, expanded integrations and interoperability, and in sales and marketing efforts designed to meet the…
ADQ, the Abu Dhabi-based investment firm, is set to invest $70 million in the parent of Policybazaar, according to the Mint report. The insurance aggregator has plans to go public this year, the report added. The investment will value Etechaces Marketing and Consulting Pvt. Ltd, the 13-year-old company that also runs Paisabazaar, at about $2…
Content startup Pencil has secured $1 million in its latest funding round. The pre-Series A round saw participation from SOSV – a US-based venture capital fund along with Inflection Point Ventures (IPV). The fresh financing round also saw participation from existing investors – SucSEED and Mumbai Angels along with Artesian. The platform will use the…
BharatPe, a financial services company for merchants, has raised US$ 108 mn in Series D equity round, at a valuation of US$ 900 mn. The company further shared that it has raised US$ 90 mn in primary fund raise and also ensured secondary exit for its angel investors and employees for a total amount of…
ABL Workspaces, a premium co-working space provider, has secured Rs 5 crore in the Pre-Series A round from a Canadian Investment Firm – Wurk. The freshly raised funds will be used to fortify the operations of the company in the capital region. Kautilya Pundir, Co-Founder and Chief Growth Officer, ABL Workspaces, said, “The funds received…
Paisalo Digital is increasing its capital base by Warrant Issue to Promoters. Board of Paisalo Digital has approved the issue of 2.61 million equity warrants on preferential basis to promoter group that shall be converted into equivalent number of equity shares, this shall increase the shareholding of promoters by approximately 5% of post issue capital.…
Sandvik, a developer and producer of stainless steels, special alloys, titanium and other high-performance materials, will invest in a new Hydraulic and Instrumentation tubing factory at its Mehsana Mill in Gujarat, western India, to meet increasing customer demand. “The Mehsana Mill is an important facility in our journey towards increasing our footprint in Asia. As…
The Carlyle Group, Brighton Park Capital and Indegene, the Bangalore-headquartered enterprise healthtech solutions provider, has announced that Carlyle and Brighton Park Capital will acquire minority stakes in the company for US$200 million. The transaction, which is subject to customary regulatory approvals, consists of a secondary sale from existing shareholders of Indegene and a primary investment…
Databricks, the Data and AI company, has announced a $1 billion investment. The Series G funding, led by new investor Franklin Templeton, puts Databricks at a $28 billion post-money valuation. Franklin Templeton is joined by other new investors including Canada Pension Plan Investment Board, Fidelity Management & Research LLC, and Whale Rock, along with new strategic investors Amazon Web Services (AWS), CapitalG…
Co-working startup Inspire Co-Spaces has secured $4 million in the latest financing round. The seed funding round saw participation from angel investor Ashish Chandna. Chandna said, “I believe Inspire Co-Spaces’ model will completely disrupt the way occupiers look at office space in the future.” Inspire Co Spaces is located in the prime location of Andheri,…