AVIOM India Housing Finance, amicro-mortgage Housing Finance Company, has completed its Series C $8 million equity funding from Sabre Partners. Aviom, founded in 2016 by Kajal Ilmi, has its presence in 14 states with 100+ branches. It caters to low-income households in rural and semi-urban areas. It provides loan to women borrowers who do not…
Clarifai, an AI platform for unstructured image, video, text, and audio data, has announced that it closed a $60 million Series C funding round. This funding round was led by New Enterprise Associates (NEA), with participation from existing investors Menlo Ventures, Union Square Ventures, Lux Capital, LDV Capital, Corazon Capital, NYU Innovation Venture Fund, and…
Fintech platform Progcap has announced that it has raised $30 million in Series C funding round. The round saw participation from existing investors including Tiger Global Management, Creation Investments and Sequoia Capital India. Speaking on the announcement, Co-founders of Progcap, Pallavi Shrivastava and Himanshu Chandra, stated, “The recent funding round will help us allocate resources…
Alloy, an identity decisioning platform for banks and fintech companies, has announced that it has raised $100 million in Series C funding. Lightspeed Venture Partners’ Justin Overdorff led the round with participation from existing investors Canapi Ventures, Bessemer Venture Partners, Avid Ventures and Felicis Ventures, bringing the company’s valuation to $1.35 billion and the total…
ContractPodAi, an AI-powered contract lifecycle management (CLM) platform, has announced a USD $115 million Series C investment headed by SoftBank Vision Fund 2. This latest round saw ContractPodAi’s valuation increase 5x from its previous Series B round in 2019. As part of the transaction, Ayush Jain of SoftBank Investment Advisers will join the ContractPodAi Board.…
FLYR Labs has announced that it has secured $150 million in Series C funding led by WestCap, a growth equity firm founded by Laurence Tosi, former CFO of Airbnb and Blackstone, with participation from Silver Lake Waterman, and WndrCo, along with insiders Peter Thiel, Streamlined Ventures, JetBlue Technology Ventures, and Gopher Asset Management. This funding…
Whatnot, the live stream shopping platform and marketplace for collectors and enthusiasts, has announced that it has raised $150M in Series C from returning investors Andreessen Horowitz, YC Continuity, and new investor CapitalG. They join angel investors Andre Iguodala, Logan Paul, Gokul Rajaram, Nilam Ganenthiran and others in investing in the company, bringing the company’s…
Xendit, the fastest growing payments infrastructure for Southeast Asia, announced a $150 million Series C round led by Tiger Global Management with participation from existing investor Accel, Amasia, and Justin Kan’s Goat Capital. With the latest investment, Xendit plans to continue innovating their product suite, with sights on expansion into select countries across Southeast Asia,…
Zeotap, the next-gen Customer Data Platform, has announced an $11m extension to its Series C round. The extension follows the company raising $42m in July 2020, which was followed by an initial extension of $18.5m in November from SignalFire’s Breakout Fund. This new extension takes place to enable new investors such as Liberty Global Ventures…
RainFocus, the next-generation enterprise event marketing platform, announced that it has closed its Series C funding round led by KKR, a leading global investment firm. Existing investor JMI Equity, a growth equity firm focused on investing in leading software companies, also participated in the round. KKR is investing in RainFocus through its Next Generation Technology…
WeFast, a crowdsourced same-day delivery service operating globally, has announced that it has changed its name to Borzo to unite its businesses in 10 different countries under a single brand. As part of its growth strategy, the company also raised $35M in a Series C funding round. Its investors include Mubadala, VNV Global, RDIF, Flashpoint…
Jane Technologies, Inc., the cannabis industry’s e-commerce provider, has announced the closing of a $100 million Series C round of funding. The round was led by Honor Ventures with participation from Third Point Ventures, Gotham Green Partners, L2 Ventures, Delta Emerald Ventures and Artemis Growth Partners. Jane previously raised $30 million in funding, bringing the…
Next.e.GO Mobile SE, the German manufacturer of electric vehicles, announced that its majority shareholder, nd Industrial Investments BV, part of the international private equity firm nd Group BV, has successfully closed a Series C financing round of $ 57 million for the company. The financing round, in which both existing and new investors participate, enables…
Stock investment startup Smallcase has announced that it has raised $40 million in Faering Capital Series C round. Faering’s Managing Director and Co-founder – Sameer Shroff will be joining the company’s board. The round saw participation from Premji Invest and Amazon Smbhav Venture Fund (ASFV), along with existing investors DSP Group, Sequoia Capital India, Beenxt,…
FalconX, a digital assets and cryptocurrency financial services company that provides institutions trading, credit, and clearing across major cryptocurrencies, has announced a $210 million Series C financing round, valuing the company at $3.75 billion. The round was led by Altimeter Capital, Sapphire Ventures and existing investors B Capital Group and Tiger Global Management, with participation…