KoineArth, a stealth mode startup working at the intersection of blockchains, machine learning and mechanism design, has raised $1.8 million, or a little over Rs 13 crore, in a funding round led by YourNest Venture Capital, according to PTI report. Existing investor, Inventus India, also participated in the round along with Lumis Partners, according to…
Yugabyte, the leader in open source distributed SQL databases, announced a $48 million funding round led by Lightspeed Venture Partners with additional participation by Greenspring Associates, Dell Technologies Capital, Wipro Ventures and 8VC. Till now, the startup raised a total of $103 million in funding. The funding will be used to expand Yugabyte’s R&D, sales…
ideaForge Technology, India’s largest manufacturer of drones for defence and industrial applications, announced it has raised $2 million from BlackSoil. The startup has so far raised around $15 million from US-based WRVI Capital, Qualcomm and Infosys, according to VCCEdge. Last month, ideaForge raised $1 million from IT major Infosys. Recently, it received a $20 million…
Parabol, an Agile meeting platform, announced it has secured a Series A investment of $8 million led by M12, Microsoft’s venture fund, with continued participation from CRV, Haystack, Techstars, and others. The announcement comes on the heels of Parabol’s latest milestone of registering 100,000 users across more than 3,000 companies worldwide to help them make…
Axonius has raised $100 million in a private funding round led by New York-based growth equity firm Stripes at a valuation of $1.2 billion, according to Reuters report. The latest funding came less than a year after Axonius’ last raise and brought Axonius’ total funding to $195 million, signaling strong investor appetite in cybersecurity firms…
Hubilo, a platform that helps businesses of all sizes host virtual and hybrid events and gain access to real-time data and analytics, has raised $23.5 million in a series A round led by Lightspeed Venture Partners. The round saw participation from the U.K.’s Balderton Capital and Microsoft chair John W. Thompson, among other angel investors.…
Impact Analytics, Inc., a provider of AI-driven SaaS solutions for planning & merchandising within the retail industry, announced that it has closed an $11 million growth financing led by Argentum Capital Partners IV, L.P. In connection with the financing, Walter H. Barandiarán, Managing Partner at Argentum, has joined Impact’s Board of Directors, the statement said.…
Kutuki, an e-learning platform for pre-school students, announced it has raised $2.2 million in its seed funding round led by Omidyar Network India. AET and existing angel investors Better Capital, First Cheque, and Abhishek Nag also participated in the round. Founded in 2019 by Sneha Sundaram and Bharath Bevinahally, Kutuki will use the funds to…
BridgeLabz, India’s largest IP-driven incubation lab, has raised funding of an undisclosed amount from Yunus Social Business. The investment’s success is attributed to the social impact of BridgeLabz in grooming and providing engineers with tech-related jobs, the company said in its release. BridgeLabz plans to utilize the investment to further its social impact by reaching…
Torii, the enterprise Software-as-a-Service (SaaS) management company, has announced that it has closed a $10 million Series A financing round led by Wing Venture Capital together with the company’s existing investors Entree Capital, Global Founders Capital, Scopus Ventures and Uncork Capital. Wing VC Partner Jake Flomenberg is also joining Torii’s Board of Directors, the company…
ReverseLogix Corp., the cloud-based platform to automate reverse logistics for e-commerce brands, third-party logistics providers and manufacturers, announced $20 million in its first round of external funding. The new capital will enhance the company’s capabilities and resources to deliver a turn-key, modular SaaS platform to manage, plan and execute the complex end-to-end reverse logistics process…
Matillion, the leading cloud data integration platform, announced $100M in Series D funding led by Lightspeed Venture Partners. Other investors that took part in the current funding round include Battery Ventures, Sapphire Ventures, Scale Venture Partners with financing from Silicon Valley Bank UK Branch. The startup will use the funding to fuel the company’s growth,…
Vogo, the Bengaluru-based scooter sharing startup, announced it has raised $11.5 million from existing investors Lightrock, Kalaari, Matrix Partners and Stellaris Venture Partners as an extension of its Series C round. The startup will use the capital to expand and electrify its two-wheeler fleet and strengthen its product line to cater to post-pandemic users. The…
eBikeGo, the Mumbai-based electric vehicle-based last-mile logistics firm, announced it has raised $1.5 million in a pre-Series A funding from a clutch of new and existing domestic and foreign individuals. Investors that participated in the round include bollywood singer Sukhbir Singh, Quess Corp Ltd CEO Vijay Sivaram, Asian Institute of Technology’s Brahmanand Mohanty, and Mungo…
Shiprocket, India’s eCommerce Logistics and Shipping Solution provider, announced it has raised $27 million in a mix of primary and secondary capital as part of its new funding round led by Tribe Capital and March Capital. DST Global’s Rahul Mehta and Bertelsmann India Investments also participated in the round. The round gives an exit to some…