Food delivery platform Swiggy has secured $800 million in funding at $5 billion valuation. The investment was received from Think Investments, Falcon Edge, Carmignac, Amansa Capital, and Goldman Sachs, among others. “The fundraise was oversubscribed due to the strong recovery following pandemic-induced disruption,” said Sriharsha Majety in an email sent to employees. “The fundraise gives…
Stelis Biopharma (Stelis), a vertically integrated biopharmaceutical company, announced that it has successfully concluded its Series B and Series C fund raise for a cumulative amount of US$ 195 million. Post money valuation for Stelis will be pegged at ~US$ 350m, underpinning the significant growth potential of the business, the release said. With the current…
Symbo Platform Holdings, an Insurtech startup, has secured a $9.4 million funding round led by CreditEase Fintech Investment Fund and Think Investments, a San Francisco-based investment firm. Existing investors – Integra Partners, Insignia Ventures and AJ Capital also participated in the latest funding round. “With the proceeds from this round, Symbo intends to continue investing…
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…
Chaayos, a multicity chain of tea cafes company, announced that it has raised $21.5 million funding led by Silicon Valley-based Think Investments. Existing investors SAIF Partners, Tiger Global and others also participated in the fresh funding round, including a $3 million debt investment from Innoven Capital. Earlier, Chaayos had raised $20 million in funding. According…