Jumbotail, a B2B e-commerce marketplace for food and grocery products, announced that it has raised $11 million as part of its Series B2 funding round led by Heron Rock. Other investors that participated in the current funding round include Jumbofund, Nexus Venture Partners, Siddhi Capital, Reaction Fund, Pimpernel Holdings and a group of HNIs. Founded…
Tag: Nexus Venture Partners
Hasura raises $25 mn Series B funding led by Lightspeed Venture Partners
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•Hasura, a San Francisco and Bengaluru-based startup that provides developer-focused tooling products, announced that it has raised $25 million in Series B funding led by Lightspeed Venture Partners. Existing investors Vertex Ventures US, Nexus Venture Partners, Strive VC and SAP.iO Fund also participated in the funding round. As per ETtech report, John Thompson, Chairman of…
Edtech startup Unacademy raises $150 mn funding led by SoftBank
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•Education technology startup Unacademy has raised a $150 million funding led by Japanese conglomerate SoftBank, taking the firm’s valuation to $1.5 billion. Existing investors that participated in the funding round are Facebook, General Atlantic, Sequoia India, Nexus Venture Partners, and Blume Ventures. Earlier in February, Unacademy had raised $110 million from Facebook and PE firm…
Mitron raises $5 mn funding led by Nexus Venture Partners
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•Mitron, the Indian short-form video app, announced that it has raised $5 million in funding led by Nexus Venture Partners. Existing investors 3one4 Capital and Arun Tadanki’s private syndicate on LetsVenture also participated in the funding round. Several notable angles and entrepreneurs like Deep Kalra, Founder and Chairman MakeMyTrip; Anand Chandrasekharan, Former Facebook executive; Karan…
Zolostays raises $56 mn Series C funding from Investcorp, Nexus Venture Partners, others
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•Zolostays, a Bengaluru-based co-living startup, announced that it has raised $56 million Series C funding led by Investcorp, Nexus Venture Partners, Mirae Assets, and Trifecta Capital, among others. Founded in 2015 by Nikhil Sikri, Akhil Sikri, and Sneha Choudhry, Zolostays earlier raised more than $40 million from the likes of IDFC Alternatives; Mirae Asset; Nexus…
JIFFY.ai raises $18 mn Series A funding from Nexus Venture Partners
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•JIFFY.ai, the US and India-based software company that offers AI-powered intelligent and integrated platform for the modern-day digital enterprise, announced that it has raised $18 million Series A funding led by Nexus Venture Partners. Rebright Partners and W250 Venture Fund also participated in this funding round, JIFFY.ai said in a statement. A number of business…
SaaS startup Postman enters Unicorn Club after raising $150mn in Series C funding round
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•San Francisco-based application programme interface (API) development platform Postman recently announced that it has raised $150mn in a Series C funding round. The funding round was led by US-based venture capital fund Insight Partners. Existing investors CRV and Nexus Venture Partners also participated in the round. Postman secured the recent funding at a $2bn valuation,…
Yolobus raises $3.3mn in Series A funding round
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•Gurgaon-based intercity mobility startup Yolobus recently announced that it has raised $3.3mn in Series A funding round. The fundraiser was led by Nexus Venture Partners along with participation from early-stage VC firm India Quotient. As part of the recent investment, Suvir Sujan, Managing Director of Nexus Venture Partners and Anand Lunia, General Partner, India Quotient…
SaaS startup Postman in talks to raise new capital from Insight Partners
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•Postman, a Bengaluru and San Francisco-based SaaS startup that offers a platform for developers or enterprise to build, test, and debug their APIs, announced that it is in advanced talks with Insight Partners, a New York-based investment fund, to raise around $150 million at a valuation of $2 billion, two people in the know of…
Intello Labs raises $5.9 mn Series A funding led by Saama Capital
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•Intello Labs, a Gurugram-based startup that does quality assessment of food commodities using computer vision and AI, announced that it has raised $5.9 million Series A funding led by Saama Capital. New investors who participated in the round include Singapore-based agritech fund GROW, and US-based SVG Ventures THRIVE. Existing investors Omnivore and Nexus Venture Partners…
Hasura raises $9.9M in Series A funding round
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•Bengaluru and San Francisco-based Hasura recently announced that it has raised $9.9mn in Series A funding round led by Vertex Ventures US. The funding round saw participation from existing investor Nexus Venture Partners and Strive VC along with SAP’s early-stage venture arm SAP.iO Fund. Hasura works to solve developer problems around connecting to databases when…
Ed-tech startup Unacademy raises $110 mn funding from Facebook and other investors
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•Unacademy, an education technology startup, announced it has raised $110 million from Facebook and General Atlantic. Post current funding, the company is valued at $510 million. Existing investors Sequoia India, Nexus Venture Partners, Steadview Capital and Blume Ventures also took part in the funding round. Apart from that, investments were made by Flipkart CEO Kalyan…
Pando raises ₹64Cr in Series A funding round
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•Pando, a networked freight management platform, has raised ₹64 Cr in Series A funding round led by Chiratae Ventures. The round also saw participation from existing investor Nexus Venture Partners, and Siemens-backed Next47. Angel investors like Ramkumar Narayan, VMWare India MSD, Alok Mittal, CEO of Indifi, and Saikiran Krishnamurthy of xto10x Ventures also participated in…
Zolostays raise $7 million from Trifecta Capital
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•Zolostays, a Co-Living Spaces, has raised $7 million in funding led by Trifecta Capital, India’s largest venture debt provider. Also, the company is in advanced talks to start a Series C round of funding. The company was founded in 2015 by Nikhil Sikri, Akhil Sikri, and Sneha Choudhary. Earlier, the startup had raised $30 million…