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Investment

Swiggy secures $800 million in funding

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 […]

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Investment

Bengaluru-based Stelis Biopharma concludes $195 mn Series B and Series C fund raise

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 […]

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Investment

Symbo Platform bags $9.4 million from CreditEase Fintech Investment Fund, others

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 […]

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Investment

Mumbai-based dental tech startup Toothsi raises $5 mn in Series A round

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 […]

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Investment

Chaayos secures $21.5 mn funding led by Think Investments

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 […]