JITO Angel Network (JAN), the only global community-based Angel network in India, has invested an undisclosed amount in observability platform KloudMate in a pre-seed funding round. KloudMate, a deep tech platform founded by Amitava Saha, Pranab Buragohain and Bidyut Baruah, detects performance bottlenecks in serverless applications, identifies errors and helps developers fix issues in a…
WSO2, a digital transformation technology company, announced that the company has completed its Series E funding round with the addition of RedStart Labs (India), a subsidiary of Info Edge Limited. The move brings the total growth capital raised to $93 million. Info Edge joins lead investor Goldman Sachs Asset Management Private Credit (‘Goldman Sachs’), which completed the first tranche…
A5G Networks, Inc., a 5G Core Network Software provider for private and public networks, announced investment by Bharat Innovation Fund, a deep-tech focused venture capital fund in India. This round of financing will be used to expand the team, engage with global customers for mobile network transformation and accelerate growth, a statement said. “We are excited…
Electric ride-hailing service BluSmart announced it has raised $25 million as part of its extended Series A1 round, according to IANS report. In total, the startup has raised $50.7 million as part of its Series A round. BluSmart said that its EV ride-hailing platform aims to add 5,000 electric cars and scale up its EV…
HappyEasyGo, an online travel agency (OTA Platform), currently invested by Samsung Venture Investment, Korea Investment Partners Co. Ltd., M&S Partners Pte. Ltd., CVC Capital Partners, and UOB Venture Management, has raised new funding from its existing shareholders. The funding is backed by the encouraging business trends in the travel industry in the Indian market. Recently, there…
Integrated business-to-business (B2B) sales intelligence and engagement platform, Apollo.io, said it will invest over $30 million in India over the next two years, according to ETtech report. It will open its first office space in India, in Bengaluru, to house a growing R&D team, and hire over 100 R&D engineers in the coming months, the…
Paddle, the provider of a complete payments infrastructure for SaaS companies, announced it has raised $200m in Series D equity and debt financing at a valuation of $1.4bn, making it the UK’s latest unicorn. Led by KKR, a leading global investment firm, with participation from existing investors FTV Capital, 83North, Notion Capital, Kindred Capital, and…
Vayana Network, a trade finance startup, announced it has raised Rs 114 crore (about $15 million) as an extension to its ongoing fundraise led by International Finance Corporation (IFC) and PayU, the payments and fintech arm of Dutch multinational, Prosus, according to ETtech report. Earlier in November, the company had raised Rs 283 crore (or…
Dyte, a live video and audio platform, announced a $11.6 million funding round led by Unbound, Sequoia Capital India’s Surge and Nexus Venture Partners. The new funds will be used to expand the startup’s product and technical teams, with an emphasis on foreign hires, a statement said. Founded in 2021 by Abhishek Kankani, Kushagra Vaish,…
Blue-collar job portal WorkIndia has recently raised funding led by PERSOL Group, one of the major comprehensive human resources service providers in APAC region. The fresh capital intends to expand WorkIndia’s superior product across PERSOL’S operations in 13 countries and regions globally, a statement said. Incepted in 2015, WorkIndia is the brainchild of Moiz Arsiwala, Kunal…
Bombay Play, a Bengaluru-based gaming studio, has recently raised $7 million in its Series-A funding round led by Kalaari Capital. Existing investors – Lumikai Fund, Leo Capital and PlayCo. apart from new investors like Winzo, AdvantEdge VC, AMEA Ventures amongst others also participated in the funding round. Founded in 2018 by Oliver Jones and Abhas…
Blockchain startup Kandola, which offers a real-time decentralized chip-to-cloud IoT protocol and real-time NFT, has raised a pre-seed round of $450K from a marquee list of investors including AlphaWave Global, Sandeep Nailwal (founder of Polygon), Harsh Rawat (EPNS) among others. The funding round also witnessed participation from Arcanum Capital, a seed-stage VC firm focused on investments…
Enkash, a corporate expense management startup, announced it has raised $20 million in a new round of funding, led by Ascent Capital along with Baring India Private Equity Partners and Singapore-based White Ventures, according to ETtech report. Existing investors Mayfield India and Axilor Ventures also participated in the funding round. The fintech startup operates a…
OSlash, an enterprise software that facilitates cross-sharing of information in a workplace, announced a $5M post-seed round from 40+ well-known operators including Kunal Shah (CEO, Cred), Christian Oestlien (VP Product, YouTube), Kevin Weil (President, Planet; ex Instagram), Akshay Kothari (COO, Notion), and Cristina Cordova (Partner, First Round), in addition to $2.5M raised in September 2021…
Looppanel, a startup that allows product & design teams to analyze and share insights from Zoom-based user interviews in minutes, announced a USD 1 million Pre-Seed round of funding led by Speciale Invest. Additional funding is coming from First Cheque, angel investors and a grant from Sequoia Capital India as part of the Sequoia Spark…