Flip, the next-generation e-commerce platform combining a TikTok-like discovery experience with a premium e-commerce service, announced a $60 million Series B funding round at a valuation of $500 million. The funding round was led by WestCap with participation from previous investors Mubadala Capital and Streamlined Ventures, bringing the company’s total capital raised to $95 million. “Our thesis…
Tag: WestCap Group
FLYR Labs Lands $150 Million in Series C Funding Led by WestCap
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•FLYR Labs has announced that it has secured $150 million in Series C funding led by WestCap, a growth equity firm founded by Laurence Tosi, former CFO of Airbnb and Blackstone, with participation from Silver Lake Waterman, and WndrCo, along with insiders Peter Thiel, Streamlined Ventures, JetBlue Technology Ventures, and Gopher Asset Management. This funding…
Gurugram-based gaming startup Zupee raises $10 mn in funding
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•Zupee, a skill-based gaming app that enables its users to play against each-other live, has raised $10 million in a fresh funding round led by existing backer WestCap Group, a US-based growth equity firm that invests in asset-light and tech-enabled marketplace solutions. Matrix Partners India, another existing investor, also took part in the round, the…
Gurugram-based Zupee raises $8 mn Series A funding led by Matrix Partners
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•Zupee, a Gurugram-based real money gaming platform, announced it has raised $8 million Series A funding led by Matrix Partners India. Other investors that took part in the funding round include Falcon Edge Capital, WestCap Group, Orios Venture Partners and Zupee’s early stage investor Smile Group. The company will use the funds to increase the…