Vecmocon, a startup that manufactures electric vehicle components, has raised $5.2 million in funding from Tiger Global, Blume Ventures and other angel investors, according to ETtech report. The company aims to utilise the fundraising to invest in team building, business expansion, scaling up of operations and product innovation. Interestingly, this is the fourth EV startup…
Fintech startup Jar announced it has raised $22.6 million in Series B funding round led by existing investor Tiger Global. Post funding, the startup is valued at $300 million. Existing investors Arkam Ventures, Eximius Ventures, Force Ventures, LetsVenture, Rocketship Venture Capital and WEH Ventures also participated in the funding round. A new set of funds…
Jodo, a fintech startup in the education payments space, announced it has raised $15 million in a fresh funding round led by Tiger Global, a New York-based investment firm. Existing investors Elevation Capital and Matrix Partners India also participated in the current funding round. With the latest funding, Jodo plans to scale up its education…
Cross-border payments startup PayGlocal has raised $12 million funding co-led by Tiger Global and Sequoia Capital India. The startup will utilise the funds to scale its business and launch new payment solutions. BeeNext and angel investors like Pine Labs CEO Amrish Rau, Citrus Pay and Jupiter founder Jitendra Gupta, and Cred’s founder Kunal Shah also…
FMCG wholesale platform ApnaKlub has raised $10 million in its Series A funding from Tiger Global. Earlier in August 2021, the startup raised a $4 million round from Sequoia India’s Surge, Blume Ventures, Whiteboard Capital and Flourish Ventures. The startup will utilise the funding to deepen infrastructure in key states, expand the platform from 5000 to 20,000 partners and build…
Neobank Open announced it has raised $50 million funding led by IIFL Finance, according to ETtech report. Existing investors Temasek, Tiger Global and 3one4 Capital also participated in the funding round. Post this funding, Open has entered the unicorn club with a valuation of $1 billion. Open, going forward, will use the new capital and…
ITILITE, a SaaS-based travel and expense management platform, announced its $29 Million Series C fundraise led by Tiger Global and Dharana Capital along with participation from existing investor Matrix Partners India and Tenacity Ventures. Despite adverse market conditions, ITILITE has seen 5x growth since its Series B round in 2020, as companies worldwide are rapidly…
Money View, a Bengaluru headquartered fintech platform, announced it has raised $75 million in their Series D funding round from Tiger Global, Winter Capital, Evolvence India, Accel along with other investors including South Park Commons, Trusted Insight and Dream Incubator. The company is now valued at $625 million. Co-founded by Puneet Agarwal and Sanjay Aggarwal, Money…
B2B seafood and meat marketplace Captain Fresh announced it has raised $50 million in Series C funding round led by existing investors Prosus Ventures and Tiger Global, according to ETtech report. Accel India, Matrix Partners India, Ankur Capital, and Incubate Fund also participated in the round. The company’s valuation has more than doubled to $500…
Chargebee, an enterprise focussed subscription management platform, has raised $250 million in a new funding round which was co-led by Tiger Global and Sequoia Capital, according to ETtech report. Post the financing, the software-as-a-service (SaaS) startup will see its valuation jump to $3.5 billion. Its existing investors like Insight Partners, Sapphire and Steadview Capital have…
EatClub Brands, which operates popular brands like BOX8 & MOJO Pizza, has raised $40 million in a round led by Tiger Global. EatClub Brands is a technology first, full-stack cloud kitchen company, and it has one of Asia’s largest cloud kitchen networks. Currently, a total of 8 brands operate out of its 150+ kitchens, GLOBO…
Abacus.AI is announcing $50M in Series C funding from Tiger Global, Coatue, Index Ventures, and Alkeon. The round was led by Tiger Global with participation from Coatue, Index Ventures, and Alkeon. With this round, the company has raised $90.3M in total funding in 30 months. Abacus.AI will use the funds from this round to further…
Abacus.AI has announced that the company has raised $50M in Series C funding from Tiger Global, Coatue, Index Ventures, and Alkeon. The round was led by Tiger Global with participation from Coatue, Index Ventures, and Alkeon. With this round, the company has raised $90.3M in total funding in 30 months. Abacus.AI will use the funds…
ClickUp, an all-in-one productivity platform, has announced that the company has raised $400 million in Series C funding. The Series C funding, co-led by Andreessen Horowitz and Tiger Global, with participation from Lightspeed Venture Partners and Meritech Capital Partners, puts ClickUp at a $4 billion valuation. “ClickUp’s sole purpose has always been to make the…
Matrix-backed e-commerce startup OfBusiness has announced that it has secured $200 million in the Tiger Global led Series F funding round. The round also saw participation from existing investors including Falcon Edge Capital and SoftBank Vision Fund II. Speaking on the announcement, Asish Mohapatra, CEO and Co-Founder of OfBusiness, commented, “The India B2B markets across…