Hevo, a ‘No-Code’ Data pipeline platform, announced it has raised $8 million Series A funding led by Singapore-based VC firm Qualgro, along with independent investor Lachy Groom, a former executive at Stripe and investor in Notion, Figma and Front. Existing investors that took part in the funding round include Sequoia Capital India’s Surge and Chiratae…
Zetwerk Manufacturing Businesses Pvt. Ltd, a manufacturing services marketplace that provides global end-to-end manufacturing supply chain solutions, announced that it has raised $21 million Series C funding led by Greenoaks Capital, according to a TechCrunch report. Other investors that took part in the funding round include existing backers Accel, Kae Capital, Lightspeed and Sequoia Capital…
Indonesia-based marketplace for small retailers, Ula recently announced that it has raised $10.5mn in a seed funding round. The funding round was led by Sequoia India and Lightspeed India. The funding round also saw participation from Indonesia-based venture capital fund, SMDV, growth-stage fund Quona Capital, early stage investor Saison Capital and Silicon Valley-based Alter Global.…
BankBazaar, a neutral online marketplace that gives instant customized rate quotes on loans and insurance products, announced that it has raised Rs 45 crore Series D1 funding from new investor WSV – a joint venture fund of Walden International and Korean company SKTA. Existing investors including Amazon, Sequoia India, Experian, and Eight Roads also took…
Stanza Living, a shared living company offering dedicated solutions for students and working professionals across 10+ cities in India, announced that it will be investing Rs 400 crore over the next two years, according to a YourStory report. The investment will be aimed at expanding its rental accommodation business. The company is backed by marquee…
Surge-backed fintech startup Khatabook recently raised $60million in Series B funding round. The funding round was led by Facebook co-founder Eduardo Saverin’s B Capital. Khatabook helps small businesses record financial transactions digitally and accept payments. The funding round saw participation from a clutch of new and existing investors including Sequoia India, Partners of DST Global,…
Venture Capital firm Sequoia Capital India’s recently announced that it has selected 15 early-stage startups from Southeast Asia- and India for its accelerator program Surge’s third cohort. Out of these 15 startups, seven are from India, while one-third of the startups in the batch have women founders. According to an official statement released by the…
In these hard times when the global economy has been deeply impacted because of the Covid-19 pandemic, Sequoia India’s accelerator program Surge has invested in the Indian startups. The accelerator fund ‘Surge’ has backed 15 startups across India and Southeast Asia. Rajan Anandan, the executive who previously ran Google’s business in India and Southeast Asia,…
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…
The ongoing COVID-19 pandemic has become a major crisis for young business owners. With employees unable to attend offices, operations temporarily suspended and a government-imposed 21-day lockdown, everything for some time has come to a halt. The unprecedented health crisis is going to have a deep impact on every aspect of Indian society and the…
The grant aims to support ideas that are capital efficient, scalable and can be leveraged to fight the spread of the pandemic. The Action Covid Team (ACT) Grants has already raised Rs 70 Cr. from its target corpus, has funded 2 projects, and has over 45 volunteers. The initiative has seen the participation and support from leading start-up investors, fund managers from top VC firms, and prominent start-up CEO’s. Amongst the backers are Sequoia India, Accel, SoftBank, Coatue, Tiger Global, B Capital as well as leading start-up founders and entrepreneurs, along with industry bodies TiE, IVCA, Nudge foundation.
Bengaluru-based online money lending startup Rupeek, recently announced that it has raised $60mn in funding across two rounds from investors including Flipkart co-founder Binny Bansal and GGV Capital. Other investors like Tanglin Venture Partners and KB Investments also participated in the funding. Existing investors Sequoia Capital and Accel were also present during the funding rounds.…
Venture Capital firm Blume Ventures recently announced the closure of its Fund III at $102mn. The firm’s third fund has been raised from anchor investors based in India, Japan, the US, and Asia. The fund also raised amounts from existing limited partners, who have earlier invested in previous funds. According to a company press release,…
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…
Whatfix, a San Jose-based digital adoption solutions provider, announced it has secured $32 million in a Series C funding round led by Sequoia Capital India. Existing investors such as Eight Roads Ventures, F-Prime Capital, and Cisco Investments also took part in the funding round. The company will utilise the funds developing its product and further…