Newton School said it has raised USD 25 million (about Rs 191 crore) in a Series-B funding round led by investment firm Steadview Capital, according to PTI report. Steadview Capital’s portfolio includes Indian unicorns Nykaa, Polygon, Zomato and Freshworks. Existing investors Nexus Venture Partners and RTP Global also participated in the round. The capital raised…
Tag: Steadview Capital
CoinDCX raises $135 mn funding at $2.15 bn valuation
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•CoinDCX, a crypto and web3 company in India, announced it has doubled its valuation to $2.15 billion (post-money) in eight months following a fresh $135 million funding. Steadview and existing investor Pantera co-led CoinDCX’s Series D financing, the firm said. Coinbase Ventures, Kingsway, DraperDragon, Republic and Kindred Ventures also participated in the startup’s new funding.…
Logistics startup Delhivery raises $277 million
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•Logistics and supply chain startup based in India Delhivery has raised $277 million ahead of planned IPO. With this funding, the supply chain services company is now valued at $3 billion. The funding round was led by Boston-based investment platform Fidelity. The new round also saw participation from GIC- a sovereign wealth fund, Chimera, and…
Zenoti turns unicorn with $160 mn Series D funding round
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•Zenoti, a cloud software provider for the spa, salon, and med spa industries, has raised $160 million in Series D funding at a valuation of over $1 billion. The funding round was led by Advent International, a US-based private equity firm. Existing investors Tiger Global and Steadview Partners also participated in the round. Till now, the…
Zomato raises $195 mn in funding from 6 investors, valuation touches $3.6 bn
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•Info Edge said its investee company Zomato has raised $195 million (about Rs 1,455.4 crore) in funding from six investors including Luxor, Kora and Steadview, valuing the online food ordering platform at $3.6 billion, according to PTI report. “Zomato Pvt Ltd has closed a primary fundraise of $195 million from six different investors…The transactions valued…
SaaS unicorn Freshworks bags $85 mn from Steadview Capital
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•Steadview Capital, a leading Asia-focused alternative asset manager that makes concentrated long-term investments in listed as well as unlisted companies across multiple industries, announced that it has invested $85 million, through a secondary transaction, in SaaS major Freshworks, as it bulks up its India portfolio with yet another unicorn, Ravi Mehta, Managing Director of the…
Steadview Capital invests additional Rs67 cr in Nykaa
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•Steadview Capital, an Asia-focused hedge fund, announced it has invested an additional Rs 67 crore in online beauty retailer Nykaa. Till now, the firm has invested close to Rs 170 crore in the company and holds a 3% stake in the venture. The latest capital infusion follows the Rs 100 crore investment Steadview Capital made…
Innovaccer raises $70 mn Series C funding led by Steadview Capital, Tiger Global and other investors
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•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…
UrbanClap raises $50M from Steadview Capital & Vy Capital.
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•UrbanClap, a Delhi based Home services start-up, has raised $50 million in primary capital in a Series D funding round led by Steadview Capital Management and existing investor Vy Capital. According to data from CrunchBase, till now UrbanClap has raised $110 million. While Steadview Capital has invested about $30 million, Vy Capital has invested the remaining, also this…