Edtech startup Udemy recently announced that it has raised $50mn from an existing Japanese investor Benesse Holdings, Inc. The recent investment by the investment firm was made at a valuation of $2bn. The company in a statement described this funding as a part of expansion funding. The company is planning to use these funds to…
Gurugram-based Simsim, a social commerce startup recently announced that it has raised $16 million in seven months of its existence. The funding rounds happened in quick succession over the past few months and were led by Accel Partners, Shunwei Capital, and Good Capital. Founded in July last year by Amit Bagaria, Kunal Suri, and Saurabh…
Innovaccer, a Healthtech startup, announced it has raised $70 million in a Series C funding round from Steadview Capital, Tiger Global, Dragoneer, Westbridge Capital, Mubadala, and M12. Till now, the company has managed to raise a total capital of $120 million. The company will utilise the funds to improve existing processes that digitise healthcare for…
Vedantu, an Edtech startup company, announced it has raised $24 million in funding led by GGV Capital. Existing investors also participated in the funding round. Last year the company raised $42 million funding led by Tiger Global. Vedantu will utilise the capital for branding and expanding its presence to new categories such as early childhood…
WorkIndia, a Blue-collar recruitment platform, announced that it has raised Rs42 cr from Chinese tech major Xiaomi. Previous investors of WorkIndia who have done multiple investment rounds in the company include Beenext Pte ltd and a Japanese hedge fund Asuka Investments among others, the company said. In the company’s journey of less than five years,…
SaaSWorks, which delivers operational solutions for scaling SaaS businesses, announced that it has raised $5 million investment led by Conversion Venture Capital along with prominent SaaS CEOs, CFOs and executives. “It’s been humbling to see the type of support we’ve had from our initial customers, team and investors,” says Co-Founder Vipul Shah. “Based on what…
PayU India co-founder Shailaz Nag’s new startup, Dot, has raised an initial seed funding of around $8 million, led by PayU and Fosun RZ Capital to help offline merchants with their digitization journey. The funding round also saw participation from Info Edge Ventures and other well-known angel investors, which include Snapdeal founders Rohit Bansal and…
Doubtnut, an Edtech startup, has raised $15 million in Series A round of funding led by Tencent. Existing investors Omidyar Network India, Japan-based Akatsuki Entertainment Fund and Curefit founder Ankit Nagori along with Sequoia Capital India also took part in the fresh round of funding. As per the company’s statement, the fresh funds will be…