Vimeo, an IAC business and the world’s leading video software company, announced it raised $300 million in primary equity from funds and accounts advised by T. Rowe Price Associates, Inc. and Oberndorf Enterprises, LLC at a valuation in excess of $5 billion. This follows the November 2020 announcement of the company’s $150 million equity raise…
Klook, a world-leading travel and leisure booking platform, announced that it has raised $200 million in additional funding. The Series E round was led by Aspex Management, an investment fund focused on Asia Pacific, in addition to other new investors. Sequoia Capital China, Softbank Vision Fund 1, Matrix Partners China, and Boyu Capital, who are…
KIKO TV, an influencer-led video and live shopping platform, has raised an undisclosed amount in its Pre-Series A funding round led by SOSV, a US venture capital fund. Recently, the startup raised its seed round from 9Unicorns. This is the second funding raise by the company. According to a statement, this funding round is also…
Turnip, a game live streaming and community platform based out of Bengaluru, has raised $1.63 million in seed funding led by Elevation Capital along with participation from Better Capital. The startup will utilise the fund infusion to expand its reach to millions of gaming communities and for hiring talent. Founded in April 2020 by Pooja…
Personio, the all-in-one HR platform, announced $125 million of new and preemptive Series D funding in an investment round that values the business at $1.7 billion. The new funding will accelerate the further international expansion of the software company, supporting its ambition of becoming Europe’s leading HR platform for SMEs. It follows a strong year…
Dunzo, a hyperlocal delivery startup, announced it has raised $40 million in Series E funding round from new and existing investors including Google, Lightbox, Evolvence, Hana Financial Investment, LGT Lightstone Aspada, and Alteria among others. The company plans to focus on sustainable growth across its fastest-growing cities such as Mumbai, Chennai, and Pune in the…
Amazon announced the launch of Amazon Global Selling Propel (AGSP), an initiative designed to provide dedicated support to emerging Indian brands and startups to reach customers around the world. According to a statement, Amazon has partnered with Startup India to launch an accelerator program to help early-stage startups in the consumer products space to launch…
MFine, India’s leading Digital Health startup, has raised $16m in a new funding round led by Heritas Capital with participation from Singapore-based family office of Y’S Investment Pte Ltd. Existing MFine investors including SBI Investment, SBI Ven Capital, BEENEXT and Alteria Capital have also followed-on in the round. With over 4,000 doctors including some of…
Bitcipher Labs, which operates CoinSwitch Kuber, a cryptocurrency investment platform, has raised $15 million in a Series A funding round led by Palo Alto-based Ribbit Capital and San Francisco-based Paradigm. Existing investor Sequoia Capital India and angel investor Kunal Shah, founder of Cred, also participated in the round. The fresh capital will help the startup…
Chalo, a bus transport technology company that provides live bus tracking services and contactless payment solutions, announced that it has raised USD 7 million in its latest round of funding. Till now, Chalo raised a total of $30 million in funding. Existing investors Raine Ventures, the early-stage fund managed by The Raine Group, USA, Neeraj…
Zupee, a skill-based gaming app that enables its users to play against each-other live, has raised $10 million in a fresh funding round led by existing backer WestCap Group, a US-based growth equity firm that invests in asset-light and tech-enabled marketplace solutions. Matrix Partners India, another existing investor, also took part in the round, the…
La Renon Healthcare, an Ahmedabad-based pharma company, announced it has raised $30 million from A91 Partners, valuing the company at $500 million, according to ET report. “A91 has picked up around 5-6% stake in the company, while Sequoia will continue to hold around 12.5% stake,” Pankaj Singh, founder and chief executive of La Renon. Singh…
Jumbotail, a B2B e-commerce marketplace for food and grocery products, announced it has raised $14.2 million in fresh funding led by VII Ventures, bringing to a close the company’s $44 million Series B round. Nutresa, Veronorte, Jumbofund, Klinkert Investment Trust, Peter Crosby Trust, Nexus Venture Partners, Discovery Ventures, and a group of high net-worth individuals…
AMPA Orthodontics, the parent company of dental tech start-up Toothsi, announced it has raised a Series A funding round of $5mn, the company said in a press release. The startup plans to use the funds raised to expand to 15 cities in India, enhance its backend research and development, and invest in technology. Founded by…
Business-to-business (B2B) e-commerce major Udaan on Wednesday said it has raised USD 280 million (about Rs 2,048 crore) in funding from existing and new investors, including Lightspeed Venture Partners and Tencent, according to PTI report. Existing investors of Udaan – Lightspeed Venture Partners, DST Global, GGV Capital, Altimeter Capital, and Tencent – participated in the…