Health and wellness platform Mosaic Wellness has announced that it has secured $24 million in the Sequoia Capital India led series A funding round. Existing investors including Matrix Partners India and Elevation Capital also participated in the funding round. Speaking on the investment, Co-founder and CEO of Revant Bhate, commented, “We started with a vision…
Edtech startup Leap has raised $17-million in Series B funding round from Jungle Ventures and Sequoia Capital. “The Covid-19 pandemic helped the company build offerings to cater to the pent-up demand created last year as an overwhelming number of students deferred their international education plans,” said Vaibhav Singh, co-founder. “Demand is like never before in…
FPL Technologies, a Pune-based fintech startup, announced it has raised $10 million Series A funding led by Matrix India and Sequoia. Hummingbird Ventures along with a few angel investors also participated in the funding round., according to an ETtech report. The startup will use the funds to scale its recently launched mobile-based credit card product…
B9 Beverages, which owns and sells craft beer brand Bira 91, announced that it has raised $20 million in bridge financing from two of its existing investors– Sequoia Capital India and Belgium’s Sofina. Other investors that took part in the funding round include Korean private equity fund Neoplux and multiple family offices, whose names remain…
BankBazaar, an online marketplace for financial services, announced it has raised Rs 29 crore as part of its ongoing Series D round from existing investors including Amazon, Sequoia and Walden SKT Venture Fund, according to its filings with the Registrar of Companies. This current funding comes more than two and a half years after the…
Gojek, an Indonesian ride-hailing and payments firm, has closed an additional $1.2 billion of funding recently, as per an internal memo reviewed by Reuters. The memo states that the company’s total funds stand at around $3 billion, and added it was still seeing “strong demand” among the investment community despite “turbulence within the tech investment…
Armis, the leading enterprise IoT security company, announced that Insight has completed its venture acquisition of the company, which was announced on January 6, 2020, at a valuation of $1.1 billion, with participation from CapitalG for $100 million and rollover from certain existing stockholders. Armis will continue to operate independently and will be fully managed…
Park+, a Delhi NCR-based smart parking startup that works toward digitising parking across India, has raised $11 million in a funding round co-led by venture capital funds Sequoia India and Matrix Partners India. Other angel investors that took part in the funding round include Deep Kalra, Rajesh Magow, Ashish Hemrajani, Kunal Shah, Kunal Bahl and…
Klub, a fintech play providing growth financing, has raised $2 million in a pre-seed round from Surge, Sequoia India’s rapid scale-up programme, and a group of angel investors. The company was founded by Anurakt Jain and Ishita Verma. The company will utilize these funds to strengthen their technology and increase the team bandwidth. In a…