IndiaMART, a B2B marketplace in India, has announced an investment of Rs 91.42 Crores in Fleetx Technologies Private Limited (‘Fleetx.io’). As part of the transaction, IndiaMART has agreed to acquire shares via a mix of primary and secondary share purchases, and its final holding post the round shall stand at 16.53%. Fleetx.io has raised a…
Event-led engagement platform, Airmeet announced that it has raised $35M USD in Series B funding. New investors Prosus Ventures, Sistema Asia Fund, RingCentral Ventures, KDDI Open Innovation Fund, DG Daiwa Ventures and Nexxus Global participated alongside existing investors Sequoia Capital India and Accel India in this round. Funds raised will go towards expanding its footprints…
Zupee, India’s largest skill-based casual gaming company, has announced a first-of-its-kind strategic partnership with Jio Platforms Limited. This will entail integration of products and strong synergies in user engagement and distribution in a future-ready ecosystem that will benefit over 450 million users, a statement said. With this new synergy, the aim is to build an ecosystem that…
Nota, a startup with an AI optimization platform, has received $ 14.7 million in Series B funding round. This financing round is supported by Stonebridge Ventures, LB Investment, DS Asset, Intervest and Company K Partners. Nota raised a total of $ 23 million. Nota is a technology startup focused on optimizing AI models with its main…
Global venture accelerator Brinc announced the closing of its US$30 million in Series B funding round and a further US$100 million for startup investments, led by Hong Kong unicorn Animoca Brands, an investor in NFT-centric and Web 3.0 companies. The fresh capital will be utilised to fuel Brinc’s global platform expansion across new locations and verticals – allowing more investors and corporate…
Simpl, a cardless payment network, has raised a $40M Series B round led by Valar Ventures & IA Ventures with participation from LFH Ventures and other internal investors. This investment brings the total capital raised by the company to $83M. With Simpl, online merchants provide consumers an easy, safe and intuitive way to buy. Its…
CoreStack, a global multi-cloud governance SaaS provider, has announced a $30 million Series B funding round led by Avatar Growth Capital, with continued participation from Dallas Venture Capital (DVC), Iron Pillar, and other angel investors. This brings CoreStack’s total funding to $45 million, following its Series A in March 2020. According to a statement, the…
Payhawk, the payments and expense solution with offices in London, Sofia, Berlin and Barcelona, has raised $112 million just three years after its inception, valuing the company at $570m. The Series B round is led by the San Francisco-based investor Greenoaks, who has a track record of investing in technology companies such as Gorillas, Robinhood,…
Enterprise skilling platform Disprz has announced that it has secured $13 million in the series B funding round co-led by Dallas Venture Capital and Mars Growth Capital. Existing investors including Go1, KOIS’s Tara India Fund IV, Auctus Capital along with Kae Capital also participated in the round. Speaking on the investment, Kuljit Chadha, Co-Founder and…
Forte, a provider of blockchain solutions for game publishers, has announced that it has secured an additional $725 million in financing, closing its Series B. The Series B was led by Sea Capital and Kora Management with further support and funding from powerhouse game and media publishers including Animoca Brands, Big Bets (Huuuge Games), Overwolf,…
Apollo.io, the go-to-market acceleration platform for B2B companies, has raised $32M in a Series B funding round led by Tribe Capital, with participation from NewView Capital and existing investor Nexus Venture Partners. With the capital in hand, Apollo.io plans to expand its product and engineering teams to refine its technology. The round will also enable…
LoveLocal, India’s hyper-local e-commerce platform empowering local retailers, has secured $18m or INR 143 crores, in a Pre-Series B investment round that features some of the most prominent investors and founders globally. The round, which was oversubscribed, is led by Vulcan Capital, and also includes participation from Klarna Founder & CEO Sebastian Siemiatkowski’s Flat Capital,…
Admix, the In-Play monetization company that bridges the gap between gaming content and brands, has announced that it has raised USD $25 million in a Series B round to scale up its In-Play solution worldwide; and establish it as the content monetization layer for the metaverse. According to a statement, “Arriving just one year after…
LeadIQ, the account-based prospecting SaaS platform that simplifies lead management and sales prospecting, has announced that it has raised a $30 million Series B round led by global venture capital firm Cathay Innovation with participation from Eight Roads Ventures, Alumni Ventures, LAUNCH Fund, Draper Associates, Fresco Capital and Strong Ventures. This investment brings the total…
Lifebit Biotech Ltd, the precision medicine software company democratising access to biomedical data for governments, healthcare providers and research teams worldwide, has raised a $60 million Series B funding round, led by global investment firm Tiger Global Management. Existing investors Eurazeo, Pentech Ventures, and Beacon Capital also participated. “Making distributed highly-sensitive biomedical data usable while…