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Investment

Video platform Dyte raises $11.6 mn in funding led by Unbound, Sequoia’s Surge

Dyte, a live video and audio platform, announced a $11.6 million funding round led by Unbound, Sequoia Capital India’s Surge and Nexus Venture Partners. The new funds will be used to expand the startup’s product and technical teams, with an emphasis on foreign hires, a statement said. Founded in 2021 by Abhishek Kankani, Kushagra Vaish, […]

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Investment

Gurugram-based Cars24 turns unicorn after $200 mn funding round

Cars24, an online platform for selling pre-owned vehicles, has raised $200 million in a Series-E funding round led by DST Global at a post-money valuation of over $1 billion. Existing investors Exor Seeds, Moore Strategic Ventures and Unbound also participated in the funding round. The company will use the current funding to invest aggressively in […]