Vested, a financial technology platform that empowers indian investors with access to the US stock market, has raised $3.6 million in seed funding from Inflection Point Ventures, Venture Catalysts, US-based Moving Capital, Ovo Fund, and TenOneTen Ventures. Founded in 2019 by Darwin Arifin, Eric Huynh, Viram Shah, and Yinghan Lin, the company claims to have…
Microblogging app Koo has raised $4.1 million in Series A funding round. Existing investors Accel, Kalaari Capital, Blume Ventures and Dream Incubator, participated in the round with new investor 3one4 Capital. The startup will utilise the fresh funding for marketing, expanding technical capabilities, and hiring. The company employs 45 people and plans to add 15…
Origo Commodities, an agriculture supply chain and trade finance startup which manages warehousing assets spread across 12 Indian states, has announced raising Rs 75 crore of debt financing from Yes Bank. The startup will utilise the fund raised for improving the services and structures within the agricultural ecosystem. The agritech player also hopes to unlock…
Agara, a New York-based startup that builds real-time voice AI to aid autonomous conversations, announced it has raised $4.3 million in pre-Series A extension round led by UTEC, a Japan-based early-stage deep-tech venture capital firm. Existing investors Blume Ventures and RTP Global also participated in the round. This brings the total funds raised by Agara…
Zetwerk, a B2B manufacturing platform, has raised $120 million in a Series D funding round led by US-based Greenoaks Capital and Lightspeed Venture Partners. Other investors that participated in the round include Sequoia Capital and Kae Capital. Post funding, the startup is valued at around $600 million, sources said. Earlier, Zetwerk had raised $21 million…
Oyster, the HR platform for companies with globally dispersed workforces, announced it has raised $20 million in Series A investment round led by Emergence Capital. The startup will use the investment to help the company enable even more people to work from anywhere, the statement said. Earlier, the startup raised $4.2 million in seed round.…
MediBuddy, a digital healthcare platform, has announced the closure of its USD 40 million (over Rs 290 crore) Series B funding round, according to PTI report. The company had earlier said it had raised an initial funding of USD 20 million in June 2020 under this round, MediBuddy said in a statement. “Series B round…
UiPath, a robotic process automation firm, has raised $750 million in Series F funding round at a post-money valuation of $35 billion, according to ET report. Existing investors Alkeon Capital and Coatue co-led the funding round. Last year, the startup raised $225 million in funding. Other investors that participated in the round include Altimeter Capital,…
GoToMobility, a real-time intercity mobility app, has raised $150,000 from ex-Uber finance head Jesse Lucas. Post funding, the startup is valued at about $11 million. Lucas was the 15th employee of Uber and took it up to the IPO in 2018. His knowledge and expertise in this business is surely more valuable than his investment…
Happilo, a Bengaluru-based snacking brand, has raised Rs 100 crore from A91 Partners in its first external funding round. “The capital raised will be used for capital expenditure, for automation and to expand marketing and distribution capabilities,” said Vikas Nahar, founder director at Happlio. “We are well capitalised for another 12-18 months, post which we…
Ula, an Indonesia-based e-commerce marketplace for small retailers, announced it has raised $20 million in Series A funding led by Quona Capital and B Capital Group. Existing investors Lightspeed India and Sequoia Capital India also participated in the round. Launched in January 2020 by former Sequoia Capital and Pine Labs executive Nipun Mehra along with…
Global consumer goods company Reckitt Benckiser (RB) led a strategic investment round of Rs 45 crore in Visage Lines Personal Care Pvt. Ltd., the owner of the personal care brand Bombay Shaving Company (BSC). Other investors that took part in the investment round include HNIs (high net-worth individuals) such as Rajesh Sud from Bharti Enterprises,…
Sturish, an AI driven eCommerce growth platform that establishes and grows online businesses across multiple channels and global markets, closed a $3.2 million USD seed funding round led by Neo. Act One Ventures and Fika Ventures also participated in the round. Sturish will use the funding to hire additional talent and build out its technology…
Literati, an Austin-based subscription book club company has announced a $40M Series B round to further invest in deep product and technological innovation in the book and literature space. The Series B round was led by Aydin Senkut of Felicis with additional funding from Dick Costolo and Adam Bain of 01 Advisors, Founders Fund, General…
Replika Software, the turnkey social selling solution that enables brands to empower their social seller networks to inspire and sell online, has completed its serial investment round A with LVMH Luxury Ventures and L ‘Oréal BOLD, both investment arms of its parent companies. The financing will allow Replika to aggressively expand its global presence of…