EDX Markets (EDX), a leading digital asset marketplace designed to meet the needs of both crypto-native firms and the world’s largest financial institutions, announced the successful launch of its digital asset clearinghouse, EDX Clearing, and the completion of its Series B investment round, with new investor Pantera Capital co-leading with founding investor Sequoia Capital. EDX Clearing…
Defense startup Mach Industries has raised $5.7 million in a seed round led by Sequoia Capital, the first-ever defense tech investment in the venture capital giant’s history, according to Reuters report. Sequoia’s funding of a technology that aims to use hydrogen creation on the battlefield signals the latest interest from Silicon Valley investors in backing…
Chargebee, an enterprise focussed subscription management platform, has raised $250 million in a new funding round which was co-led by Tiger Global and Sequoia Capital, according to ETtech report. Post the financing, the software-as-a-service (SaaS) startup will see its valuation jump to $3.5 billion. Its existing investors like Insight Partners, Sapphire and Steadview Capital have…
Pine Labs, one of Asia’s merchant commerce platforms, has announced a new investment round in the company with the entry of Invesco, a US-based investment management company. Invesco Developing Markets Fund has invested US $100M in Pine Labs. Earlier in July 2021, the company had announced a total round size of US $600M and brought…
Bengaluru-based home interior startup HomeLane has announced that it has raised $50 million in the Series E funding round led by OIJIF II (Oman India Joint Investment Fund), Stride Ventures and IIFL AMC’s Late Stage Tech Fund. Existing investors Pidilite, NuVentures, Evolvence, Accel and Sequoia also participated in the funding round. Srikanth Iyer, Co-founder and…
The Whole Truth has announced that it has secured $6 million in the Sequoia Capital India led series A funding round. Existing investors Sauce.Vc and Matrix Partners India, as well as a group of angel investors including Kalyan Krishnamurthy, Sujeet Kumar, Ashneer Grover and Shashvat Nakrani participated in the latest funding round. Shashank Mehta, Founder,…
LetsDressUp (LDU) has received $300,000 in a pre-Series A funding round from Titan Capital and other investors. Sequoia Capital, Hauz Khas Ventures, Lykke Capital, investor Sweta Rau along with existing investors Kaushika Madhavan, Senior Partner at Mckinsey & Co – Abhishek Malhotra, COO of IIFL Wealth & Asset Management – Anshuman Maheshwary, Senior Partner at…
Community creator monetisation platform Convosight has announced that it has raised $9M in Series A round. The round was led by Qualgro, a Singapore-based VC firm and saw participation from Ajay Gupta (ex-McKinsey), Unilever Ventures and existing investors Sequoia Capital India’s Surge and IvyCap Ventures, The platform will use the funds to scale its team…
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…
Reddit has raised $250 million in Series E funding led by venture capital firm Vy Capital. Other investors include Andreessen Horowitz, Sequoia Capital and Tencent. The company will use the funding to make strategic investments in areas such as video, advertising, consumer products and international expansion. The proceeds will also be used to double its…
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…
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…
PagarBook, a staff management solutions provider, has raised $15 million (about Rs 110 crore) in funding led by Sequoia Capital. The funds from the Series A round, which also saw participation from India Quotient, will be used in further product development and to drive customer acquisition, a statement said. The company also plans to add…
U.S.-based private venture capital firm Sequoia Capital is leading TikTok parent – ByteDance’s fresh funding round, according to report. With the latest funding round, the valuation of the Chinese tech giant stands at $180 billion, the report added. Yiming Zhang is the founder and CEO of ByteDance. He started several ventures prior to ByteDance, including Kuxun.…
Kyt, an online-first, global academy for extracurriculars, designed by the best educators from around the world, announced it has raised $2.5 million in funding led by Sequoia Capital India’s Surge. The capital will be used to expand its online-first, global academy for extracurricular learning. It has plans to add more courses, including chess, various musical…