Lead School, an education technology company based in Mumbai, announced that it has raised $28 million in Series C funding led by WestBridge Capital. Existing investor Elevar Equity also participated in the round. The startup will use the funds to fuel expansion. It has plans to grow its sales channel and sign up new customers.…
PayActiv, the leading employer-sponsored earned wage access and holistic financial wellness platform, announced that it has secured $100 million of funding to further its mission of bringing security, dignity and savings to workers. The Series C financing round was led by Eldridge and includes existing PayActiv shareholders Generation Partners and the Ziegler Link Age Fund…
Ather Energy, a Bengaluru-based electric vehicle startup, announced that it has raised Rs 84 crore fresh funding from Hero MotoCorp. The EV startup will utilise the funds to boost expansion. It has plans to expand into 20 cities by the end of next year and set up a new manufacturing plant in Hosur, in Tamil…
Cloud contact center for enterprises Talkdesk recently announced $143mn in Series C funding from a combination of new and existing investors. The company said that the amount raised, and the company’s valuation of more than $3 billion, reflects both investor confidence in Talkdesk’s business and the strategic role that superior customer experience plays among top…
Zeotap, a Customer Intelligence Platform (CIP) that helps companies better understand their customers and predict behaviors, to invest in more meaningful experiences, announced that it has raised $42 million in Series C funding round as it plans to double down on its product offerings. The company has raised new capital from Germany-based Neue Capital, European…
Zolostays, a Bengaluru-based co-living startup, announced that it has raised $56 million Series C funding led by Investcorp, Nexus Venture Partners, Mirae Assets, and Trifecta Capital, among others. Founded in 2015 by Nikhil Sikri, Akhil Sikri, and Sneha Choudhry, Zolostays earlier raised more than $40 million from the likes of IDFC Alternatives; Mirae Asset; Nexus…
Automated data integration provider, Fivetran recently announced that it has raised $100mn in Series C financing, led by Andreessen Horowitz (a16z) and General Catalyst. The funding round also saw participation from existing investors CEAS Investments and Matrix Partners. The company said it will use the funding to accelerate global expansion, drive adoption in the enterprise…
Mobile and virtual healthcare provider DispatchHealth recently announced the closing of $135.8mn growth capital financing. The Series C funding round was led by Optum Ventures, the venture capital arm of Optum healthcare. The funding round also saw participation from existing investors Alta Partners, Questa Capital, Echo Health Ventures, new investors Oak HC/FT, Humana Inc. and…
Geek+, a global provider of advanced robotics for logistics, announced that it has closed its Series C funding round at over $200 million in early 2020. Geek+ continues to lead the industry with the largest fundraising to date, following a $150 million B series in November 2018, already the largest in the industry, the company…
San Francisco-based application programme interface (API) development platform Postman recently announced that it has raised $150mn in a Series C funding round. The funding round was led by US-based venture capital fund Insight Partners. Existing investors CRV and Nexus Venture Partners also participated in the round. Postman secured the recent funding at a $2bn valuation,…
Servify, a Mumbai-based startup that provides device management services and warranty solutions for all devices that touch daily lives, announced that it has raised Series C funding from a clutch of existing investors. According to exchange filings, Servify has allotted over 27.23 lakh Series C compulsorily convertible preference shares (CCPS) at a face value of…
Innoviti, a company that develops payments processing, credit distribution, and payments management software solutions, announced that it has raised Series C funding led by FMO: Entrepreneurial Development Bank and Bessemer Venture Partners. Innoviti uses data intelligence to bring together merchants with brand and bank networks, helping them connect, collaborate, and create new and unique offers…
PatientPing, a US-based care collaboration and e-notifications platform, announced that it has raised $60 million in Series C funding to fuel expansion to new geographies and extend capabilities. The investment round was co-led by Andreessen Horowitz, F-Prime Capital, GV (formerly Google Ventures), and Transformation Capital. Existing investors also participated in the funding round. Till Now,…
Arterys, a US-based global medical imaging platform to deliver clinical AI products over the internet, announced that it has raised a $28 million Series C investment from a syndicate led by Benslie Investment Group and Temasek Holdings, with participation by Fosun, Revelation Partners, Emergent Medical Partners, and Varian Medical Systems. Arterys said it will deploy…
Imperfect Foods, a San Francisco-based company that focusses on reducing food waste and build a better food system for everyone, announced that it has closed a Series C funding round of $72 million, led by Insight Partners. The round was also supported by existing investors of the company, including Series B lead Norwest Venture Partners.…