TrueFoundry announced that it has raised a $2.3 million in seed funding round led by Sequoia India and Southeast Asia’s Surge. Other participating investors like Eniac Ventures and angels such as AngelList Co-Founder Naval Ravikant also participated in the funding round. Other angel investors include Deutsche Bank Global CIO Dilip Khandelwal, Head of GitHub India…
Tag: Sequoia India
Razorpay raises $160 mn funding from Sequoia India, GIC
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•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.…
Bengaluru-based Groww raises $30 mn Series C funding led by YC Continuity
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•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…
Edtech startup Unacademy raises $150 mn funding led by SoftBank
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•Education technology startup Unacademy has raised a $150 million funding led by Japanese conglomerate SoftBank, taking the firm’s valuation to $1.5 billion. Existing investors that participated in the funding round are Facebook, General Atlantic, Sequoia India, Nexus Venture Partners, and Blume Ventures. Earlier in February, Unacademy had raised $110 million from Facebook and PE firm…
Eruditus raises $113 mn funding led by Leeds Illuminate & Prosus Ventures
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•Eruditus, an edtech startup that partners with top-tier universities across the United States, Europe, Latin America, India, and China to bring professional education to a global audience at an affordable price, announced that it has raised $113 million in funding led by Leeds Illuminate and South African internet giant Prosus Ventures (Formerly Naspers Ventures). Other…
Delhi-based Wobot raises $2.5 mn pre-Series A funding led by Sequoia India
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•Wobot, a Delhi-based AI-powered video analytics platform, announced that it has raised $2.5 million in pre-Series A round led by Sequoia India, according to the YourStory report. Recently, the startup raised an undisclosed amount of seed funding from Titan Capital. The company said that Wobot will use the funds for global expansion and to strengthen…
Indore-based spice maker Pushp raises Rs125 cr from A91 Partners
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•Pushp, an Indore-based spices and condiments brand, announced that it has raised Rs 125 crore from A91 Partners, the private equity fund. Earlier, the company had raised its first institutional financing from Sequoia India worth $350 million. Pushp plans to use the fund infusion to expand its distribution network, bulk up its existing sales team,…
InterviewBit raises $20mn in Series A funding round
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•InterviewBit, a platform to learn skills that you need for technological jobs, has raised $20 million in a Series A financing round led by Sequoia India and Tiger Global. The company was founded by Abhimanyu Saxena and Anshuman Singh in 2015. The company will utilize these funds to scale up enrolment and launch itself in…