Vise, an AI-powered investment management platform built for advisors, has announced it has raised $65 million in Series C funding. The latest round was led by Ribbit Capital, with participation from existing investors including Sequoia Capital. The Series C round brings the total capital raised since Vise’s founding to over $125 million. Vise has further…
BharatPe, India’s financial services company for merchants, has announced that it has raised US$ 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…
Razorpay, a Bengaluru-based payment service provider that helps businesses automate collections through its gateway service, while helping small businesses manage money flow, said it has raised $160 million from Sequoia India and Singapore-based GIC in a funding round, according to ET report. Existing investors Ribbit Capital and Matrix Partners also participated in the funding round.…
Fireblocks, a leading enterprise-level platform that provides a secure infrastructure for transferring, storing and issuing digital assets, announced that it has raised $ 133 million in Series C funding led by Coatue, Ribbit, and Stripes with strategic investments from The Bank of New York Mellon (BNY Mellon) and SVB. The completion of this round of…
Robinhood, the Menlo Park, California-based fintech startup credited with helping popularize trading among millennials, that it has raised over $1 billion in latest funding from existing investors – Sequoia Capital and Ribbit Capital. Robinhood’s spokeswoman stated in an email, “We’re pleased to share that we’ve raised over $1 billion from existing investors to continue to…
Bitcipher Labs, which operates CoinSwitch Kuber, a cryptocurrency investment platform, has raised $15 million in a Series A funding round led by Palo Alto-based Ribbit Capital and San Francisco-based Paradigm. Existing investor Sequoia Capital India and angel investor Kunal Shah, founder of Cred, also participated in the round. The fresh capital will help the startup…
Cred has raised $81 million in Series C funding round led by DST Global. Post funding, the startup is valued at $806 million (about Rs 5,883 crore). Sequoia Capital, Ribbit Capital, Tiger Global, and General Catalyst also participated in the funding round, a statement said. In addition, Sofina, Coatue and Satyan Gajwani of Times Internet…
Groww, the Bengaluru-based investment management startup, announced it has raised $30 million Series C funding led by YC Continuity, an investment fund dedicated to supporting founders as they scale their companies. The investment marks its first investment in India. Sequoia India, Propel Ventures, and Ribbit Capital also participated in the funding round. The startup will…
Capital Float, a Bengaluru-headquartered non-Banking Finance company, announced it has raised $15 million (about Rs 110 crore) from its existing investors. Ribbit Capital, Amazon, SAIF Partners and Sequoia Capital India participated in the latest round. The company will use the funds to bolster its capital base and expand its lending operations to small and medium…
Vijay Shekhar Sharma, Founder, and CEO of Indian digital payment giant PayTM recently announced that his company expects to turn profitable after two years as it is monetizing the existing customer base and eyes financial services as its next major frontier for growth. As per an interview with The Press Trust of India, Sharma said…