Electric vehicle-focused lender Revfin has raised $14 million (about Rs 115 crore) in an equity funding round led by Omidyar Network, according to ETtech report. Sameer Aggarwal, founder and chief executive of the Delhi-based company, said almost all of the funding came in primary capital. He did not disclose the valuation at which the funds…
School communication platform, Uolo has raised Rs. 20 Crore in a pre-Series A round led by Omidyar Network India and Blume Ventures, an early stage venture fund. The company plans to invest the funds to expand its team across technology and operations and improve its offerings for school administration and students. Commenting on this…
Vedantu, a Bengaluru-based LIVE online learning platform that enables personalized learning, announced that it has raised $100 million Series D funding led by US-based Coatue Management. Existing investors Tiger Global, GGV Capital, Omidyar and Westbridge Capital also participated in the funding round. The latest capital raising values the online live tutoring startup at $600 million,…
Omidyar Network India, an investment firm focused on social impact, announced that it has fully utilized the capital pool of Rs 10.75 crore under its Rapid Response Funding Initiative for Covid-19. The initiative was launched on March 24, 2020 – since then 2000 applications were received and 67 proposals have been approved. Of this, Rs…
iMerit Technology Services Pvt. Ltd, an AI-based data labelling startup, announced it has raised $20 million in Series B funding round led by CDC Group Plc, the UK government’s development finance institution. Existing investors such as Omidyar Network, Michael and Susan Dell Foundation, and Khosla Impact also took part in the current funding round, as…
Quikr.com, India’s leading classifies web site & a platform to sell, buy, rent or find something, has seen fresh round of funding lead by Warburg Pincus along with its existing investors. The present round of funding is $32 million in fresh funds and has participation from eBay Inc., Matrix Partners, and Norwest Venture partners.…