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Investment

CoinDCX raises $135 mn funding at $2.15 bn valuation

CoinDCX, a crypto and web3 company in India, announced it has doubled its valuation to $2.15 billion (post-money) in eight months following a fresh $135 million funding. Steadview and existing investor Pantera co-led CoinDCX’s Series D financing, the firm said. Coinbase Ventures, Kingsway, DraperDragon, Republic and Kindred Ventures also participated in the startup’s new funding. […]

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Investment

SaaS unicorn Freshworks bags $85 mn from Steadview Capital

Steadview Capital, a leading Asia-focused alternative asset manager that makes concentrated long-term investments in listed as well as unlisted companies across multiple industries, announced that it has invested $85 million, through a secondary transaction, in SaaS major Freshworks, as it bulks up its India portfolio with yet another unicorn, Ravi Mehta, Managing Director of the […]

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Investment

Steadview Capital invests additional Rs67 cr in Nykaa

Steadview Capital, an Asia-focused hedge fund, announced it has invested an additional Rs 67 crore in online beauty retailer Nykaa. Till now, the firm has invested close to Rs 170 crore in the company and holds a 3% stake in the venture. The latest capital infusion follows the Rs 100 crore investment Steadview Capital made […]

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Executive Movements

Former Chief Product Officer of Tinder Ravi Mehta joins Advisory Board of digiD8

Massachusetts-based online dating platform digiD8 has recently announced a key addition to its Advisory Board. The company has roped in Ravi Mehta, the former Chief Product Officer at Tinder to accelerate the strategic product roadmap for the company. “Advances in science and medicine provide a new level of insight into health and wellness. I am […]

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Investment

Innovaccer raises $70 mn Series C funding led by Steadview Capital, Tiger Global and other investors

Innovaccer, a Healthtech startup, announced it has raised $70 million in a Series C funding round from Steadview Capital, Tiger Global, Dragoneer, Westbridge Capital, Mubadala, and M12. Till now, the company has managed to raise a total capital of $120 million. The company will utilise the funds to improve existing processes that digitise healthcare for […]