Sugar.fit, a healthtech startup that seeks to manage and reverse type 2 and pre-diabetes, said it has raised $11 million in a Series A funding round led by MassMutual Ventures, according to ETtech report. Other participating investors include Cure.fit, Tanglin Venture Partners, and Endiya Partners. The fresh capital will be used to expand Sugar.fit’s product…
KKR, a leading global investment firm, and the parent company of OMS Group, a leading telecom infrastructure company and provider of subsea cable services, announced the signing of definitive agreements under which KKR will commit $400 million in a tailored solution for OMS Group. This marks KKR’s latest digital infrastructure investment in Southeast Asia, underlining its conviction in the role…
Insurance marketplace InsuranceDekho has raised $60 million in its ongoing Series B funding round from Japanese financial services major Mitsubishi UFJ Financial Group, BNP Paribas Cardif, which put money through its insurtech fund, and Beams Fintech, according to ETtech report. The family office of Yogesh Mahansaria, managing director of Mahansaria Tyres, a major tyre manufacturer,…
Onsurity, the subscription-led employee healthcare provider focused on small and medium enterprises (SMEs) and startups, said it has raised $24 million in Series B funds from International Finance Corporation (IFC) and existing investors Nexus Venture Partners, Quona Capital and White Board, according to ETtech report. The company will use the money to work with insurance…
Lottie, the free online marketplace that connects care seekers and retirees to UK care homes, home care services, and retirement living communities, announced that it has raised a $21M (£16.35M) Series A funding round led by Accel, with participation from previous investor General Catalyst. This brings the total amount raised by the company to $31M (£25M). Lottie will use…
Artificial intelligence (AI)-based messaging and user engagement platform Aampe said it has raised $7.5 million as part of fresh funding led by Matrix Partners India and Peak XV Partners (formerly Sequoia Capital India), according to ETtech report. The company said it will use the funds for product development and growth as it sets sight on…
Fisker Inc has raised $150 million from an existing institutional investor through the issue of convertible bonds with an additional $550 million in funding available, according to Reuters report. The EV company expects to use the proceeds to ramp up deliveries. Fisker earlier this month reiterated its plan to increase deliveries of its flagship Ocean sports…
Digikore Studios Limited (Digikore), a world-class visual effects (VFX) studio, has secured substantial anchor investments of Rs 8,22,16,800. The company has allocated 4,80,800 equity shares priced at Rs 171 per share, to three key investors: This strategic anchor investment underscores the market’s trust in Digikore Studios, positioning the company firmly within the dynamic VFX industry.…
Former Flipkart executive Ranjith Boyanapalli’s startup Flash, which aims to build unified digital identities for frequent shoppers—also called power shoppers—said that it has raised $6.7 million in a funding round led by Blume Ventures and existing investor PeerCapital, according to ETtech report. Other existing investors, including White Venture Capital and Emphasis Ventures, also participated in…
Quick-commerce startup Zepto has raised $200 million funding at a $1.4 billion valuation, according to moneycontrol report. The Series E round was led by the StepStone Group, a US asset management firm, and included Goodwater Capital and some existing investors. Zepto’s valuation jumped from $900 million in May 2022. The funding is of particular importance…
Naukri.com parent Info Edge (India) Ltd on Friday said it will invest Rs 10 crore in its wholly-owned subsidiary Zwayam Digital Pvt Ltd., according to PTI report. The investment is being done to meet the working capital requirement of Zwayam, Info Edge said in a statement. Incorporated in 2015, Zwayam provides SaaS-based sourcing and screening…
Disprz, a corporate learning and skilling platform, has raised $30 million in its Series C funding round led by Lumos Capital, according to ETtech report. 360 ONE Asset (IIFL Wealth) and returning investors Kae Capital, KOIS and Dallas Venture Capital also participated in the funding round. The funding, a result of primary and secondary share…
Unstop, a community engagement and hiring platform for students and graduates, announced it has raised $5 million from Japan-based human resources firm Mynavi, online education provider Coursera and others, according to ETtech report. The Delhi-based startup is Coursera’s first India-based investment. Unstop will use the capital to enhance its technology, marketing, product and sales functions,…
Kapture CX, a SaaS-based customer experience platform, has raised $4 million in a Series A funding round led by Cactus Venture Partners (CVP), an early growth-stage venture capital fund. The automation platform offers a suite of solutions for enterprise customers. The platform helps improve their customer experience by streamlining and automating customer support over calls,…
Singapore-based Motion G, Inc. has closed a new round of funding led by Episteme, Inc., securing an additional US$16 million. By leveraging advancements in machine learning, AIGC, data science and digital twin technologies, the firm aims to revolutionize the engineering process to significantly drive productivity, a statement said. Through its AI-powered generative engineering platform, Motion G delivers…