GlobalBees has announced two more investments as new-age brands, Yellow Chimes, a fashion jewellery brand and Absorbia, an innovative home care brand, join its portfolio. The founders along with a 29 member team of Yellow Chimes and 7 member team of Absorbia, will become a part of GlobalBees family. With this acquisition, GlobalBees has forayed…
Tag: investment
Pet food platform Dogsee Chew secures $7M in pre-series A
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•Pet food platform Dogsee Chew, based in Bengaluru, has announced that it has secured $7 million in pre-series A funding round Sixth Sense Ventures. Speaking on the announcement, Nikhil Vora, CEO of Sixth Sense Ventures, commented, “Globally, petfoods is much larger than most FMCG categories like oral care and baby foods. The Indian pet food…
Cordillera Holdings, With Investment by Investcorp, Announces Acquisition of Sunset Life Insurance Company of America
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•Cordillera Holdings LLP, a newly created insurance-focused investment platform, has announced that on November 1st, it had through its subsidiary, Bona Holdings LLC, completed the acquisition of Sunset Life Insurance Company of America with veteran annuities industry executive Nathan Gemmiti serving as Chief Executive Officer of the Carrier. The initial capital for the acquisition and…
WhiteSpace Health Announces $18 Million in New Funding
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•WhiteSpace Health has announced a $18 million investment from parent company, Omega Healthcare, that is backed by investment funds managed by Goldman Sachs Asset Management (Goldman Sachs) and Everstone Capital, to accelerate the product roadmap of its AI-driven Revenue Intelligence Platform and the expansion of its selling engine. According to Gautam Char, President and CEO…
Apollo.io Raises $32M in Series B Funding
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•Apollo.io, the go-to-market acceleration platform for B2B companies, has raised $32M in a Series B funding round led by Tribe Capital, with participation from NewView Capital and existing investor Nexus Venture Partners. With the capital in hand, Apollo.io plans to expand its product and engineering teams to refine its technology. The round will also enable…
Yugabyte Closes $188 Million Series C Funding Round Bringing Valuation to Over $1.3B
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•Yugabyte, the open source distributed SQL databases platform, has announced that it has closed $188 million in an oversubscribed Series C funding round. The round, led by Sapphire Ventures, includes participation from Alkeon Capital, Meritech Capital, and Wells Fargo Strategic Capital, as well as existing investors Lightspeed Venture Partners, 8VC, Dell Technologies Capital, Wipro Ventures,…
Rejove Announces USD 1 Million, First-round Funding
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•Rejove Clinique, a healthcare platform with expertise in dental, skin and hair treatments, has announced that it has raised USD 1 million, first-round of funding from a Singapore based VC. According to Dr. Priyanka Goyat, Orthodontist and Dentofacial Orthopaedic Surgeon/Cosmetologist & Founder of Rejové Clinique, “Since our inception in 2017, Rejové has emerged as a…
Permutive Raises $75M in Series C
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•Permutive, an audience platform for publishers and advertisers, which enables media to be traded in a privacy-safe way, has secured $75M in Series C from SoftBank Vision Fund 2. It brings Permutive’s total raised to date to $105M, with previous investors EQT Ventures, Octopus Ventures, and ACE & Company also participating. “Publishers are the foundation…
Moonfare raises $125M in Series C led by Insight Partners to accelerate global growth
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•Moonfare, the digital private equity investment platform for individual investors, has announced that it has raised $125 million in Series C funding, led by New York-based global private equity and venture capital firm Insight Partners. Moonfare will use the funding to continue to develop investment solutions and accelerate its international expansion. The company has raised…
Lever Raises $50 Million in Series D Funding
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•Lever, a Talent Acquisition Suite, has completed a $50 million Series D funding round with the Apax Digital Fund. As part of this partnership, Apax Digital’s Mia Hegazy will join Lever’s board of directors. “The talent acquisition market is an exciting sector benefiting from several tailwinds and, having tracked the space for some time, Lever…
Clean Beauty Marketplace Vanity Wagon raises INR 5.5CR in a Pre-Series A round led by Inflection Point Ventures
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•Clean beauty marketplace vanity wagon has raised INR 5.5 crores in a Pre-Series A round led by Inflection Point Ventures. The round also witnessed participation from Venture Catalysts, Lotus Herbals, the existing investors – Agility Ventures (led by Mr. Dhianu Das) and a consortium of HNI’s (advised by Instarto). The funds raised will be used…
Fintech Unicorn Nium Joins HKSTP’s FinTech Community
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•Hong Kong Science and Technology Parks Corporation (HKSTP) has announced the addition of a global Fintech unicorn, Nium, as a partner company to HKSTP’s Fintech ecosystem. According to a statement, “Nium is opening its new office at InnoCentre to leverage Hong Kong’s growing Fintech opportunities as well as the huge GBA market potential for seamless…
Abacus.AI Raises a $50M Series C
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•Abacus.AI is announcing $50M in Series C funding from Tiger Global, Coatue, Index Ventures, and Alkeon. The round was led by Tiger Global with participation from Coatue, Index Ventures, and Alkeon. With this round, the company has raised $90.3M in total funding in 30 months. Abacus.AI will use the funds from this round to further…
Kinara Capital secures INR 70 Crores from Invest in Visions GmbH (IIV) Microfinance Fund
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•Kinara Capital, a social impact fintech driving financial inclusion of India’s small business entrepreneurs, has announced securing EUR 8 million (~INR 70 crores) from Invest in Visions GmbH (IIV), pioneers of microfinance investments in Germany. Agents for Impact, a sustainability connector of investors and social impact organizations, arranged this transaction for Invest in Visions and…
SaaS startup Zenduty raises $1.9M
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•SaaS startup Zenduty has announced that it has raised $1.9 million as part of its Pre-Series A round. The round was led by StartupXSeed Ventures along with participation from marquee enterprise SaaS investors Powerhouse Ventures, Secure Octane fund, Kwaish Ventures, Supermorpheus, Titan Capital, 100X Entrepreneurs, Viral Bajaria(CTO, 6Sense), Premal Shah(SVP, 6Sense), Hitesh Chawla(CEO SilverPush), Sumit…