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Investment

Pine Labs announces a total round size of $600M

Pine Labs, one of Asia’s leading merchant commerce platforms, announced an investment round with the entry of new investors Fidelity Management & Research Company, funds managed by BlackRock, Ishana, Tree Line, a fund advised by Neuberger Berman Investment Advisers LLC. IIFL AMC via its ‘Late-Stage Tech Fund’ and Kotak are also participating in this investment […]

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Executive Movements

Sequoia Capital strengthens its India leadership team

Sequoia Capital, a Silicon Valley-headquartered venture capital firm, announced the expansion of its India leadership team with the appointment of a new marketing chief, public policy head and an operating partner. The blue-chip venture capital firm named former Star India senior executive Gayatri Vasudeva Yadav as its new Chief Marketing officer, and Ajey Gore, the […]

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Investment

Park+ raises $11mn from Sequoia and Matrix Partners

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 […]