Itilite Technologies, a Bengaluru-based digital travel management startup that offers SaaS-based integrated travel desk solution for corporates, announced that it has raised $13 million Series B funding led by Greenoaks Capital and Vy Capital. Existing investors Matrix Partners India and others participated in the funding round. The company will utilise the current funding to fuel…
Yellow Messenger, a Bengaluru-based conversational AI platform, announced that it has raised $20 million in Series B funding from Lightspeed Venture Partners and Lightspeed India Partners. Yellow Messenger will use the funds to expand globally and strengthen its multi-lingual voice bot platform. “This investment will help us scale operations to Europe, US and Latin America,…
Log management platform Humio, recently announced that it has raised $20mn in Series B funding round. The funding round was led by Dell Technologies Capital, the global venture capital investment arm of Dell Technologies along with existing investor Accel. With the recent investment, the company plans to increase its capabilities to keep pace with demand…
Ada, the leader in Automated Customer Experience, announced it has raised a $44 million Series B funding led by Accel. Existing investors Bessemer Venture Partners, FirstMark, Version One, Leaders Fund and Burst Capital also took part in the funding round. The company will utilise the funds raised to scale the platform, deepen its AI leadership…
Bengaluru-based healthcare analytics startup Tricog recently announced that it has raised $10.5mn in Series B funding round from UTEC – University of Tokyo Edge Capital, Aflac Ventures, TeamFund US and Dream Incubator Japan. The funding round also saw participation from existing investors like Inventus Capital and Blume Ventures. Talking about the investment, Noriaki Sakamoto, Partner…
Venture Capital firm Blume Ventures recently announced the closure of its opportunity fund titled Fund IIA at $41mn. The fund will be used to support growth-stage portfolio startups. The announcement of the opportunity fund follows the closure of Fund III by Blume Ventures. According to a company statement, the investment for the new fund was…
iMerit Technology Services Pvt. Ltd, an AI-based data labelling startup, announced it has raised $20 million in Series B funding round led by CDC Group Plc, the UK government’s development finance institution. Existing investors such as Omidyar Network, Michael and Susan Dell Foundation, and Khosla Impact also took part in the current funding round, as…
Zodius Growth Fund, an Avendus Capital sponsored fund, announced that it has made its first investment in Onsitego, India’s leading after-sales services firm. The company has raised $19 million in Series B round led by Zodius Growth Fund with participation from existing investor, Accel Partners. The investment will be utilized for consolidating its market position…
MoneyTap, an instant loan service provider, has raised ₹500crores in a Series B funding round led by Aquiline Technology Growth (ATG), RTP Global and Sequoia India. Existing investors Prime Venture Partners and MegaDelta have also participated. The company was founded by Bala Parthasarathy, Kunal Verma, and Anuj Kacker in 2015. The company will use these…
LogiNext, a SaaS company providing solutions to manage and optimize logistics and field service operations, has raised $39 million funding from US-based marquee investors Tiger Global Management and Steadview Capital. The company was founded by Dhruvil Sanghvi and Manisha Raisinghani in 2014. Earlier, it had raised $10 million in a Series A round led by…