LATEST ARTICLES

Piper Serica Introduces Angel Fund to Invest in Tech-Startups

Mumbai, India-based portfolio management service provider Piper Serica launched an angel fund to invest in tech-enabled startups. The company announced the news on June 22, 2022. The fund size for the Securities Exchange Board of India (SEBI) registered category 1 angel fund is USD 12.7 million (INR 100 crore). It aims to invest in early-stage startups that leverage technology...

Battery Smart Raises USD 25 million in Series A Funding

New Delhi, India-based electric vehicle battery swapping startup Battery Smart raised USD 25 million in Series A funding. The round took place on June 27, 2022. Tiger Global Management led the funding for Battery Smart. Meanwhile, existing investors such as Blume Ventures and Orios Ventures participated in the round. The recent funding marks the third investment by Tiger Global in...

Neuron7.ai Raises USD 10 million in Series A Funding

California, The U.S-based artificial intelligence-driven customer and field service software startup Neuron7.ai raised USD 10 million. The Series A round took place on June 23, 2022. Battery Ventures and Nexus Venture Partners led the funding for Neuron7.ai.  As a part of the deal, Bill Binch, operating partner at Battery Ventures, will join Neuron7.ai's board of directors. Purpose of Funding by Neuron7.ai  With...

E-Mobility Startup Matter Raises USD 10 Million in Funding

Ahmedabad, India-based electric mobility platform Matter, raised USD 10 million in its latest funding round. The company announced the news on June 24, 2022. Info Edge-backed technology fund Capital 2B led the funding for Matter. Climate Angel Fund and other Indian and overseas high net-worth individuals (HNIs) also joined in the round. The new investors are on-board with the...

Fundamental VC Introduces maiden USD 130 million Fund for Early-stage Startups

Bangalore, India-based Venture capital firm Fundamental VC launched its maiden USD 130 million funds for early-age startups. The announcement came on June 24, 2022. In March 2022, the fund received approval from the Securities and Exchange Board of India (SEBI).  Following the approval, the company has already started investing capital in pre-seed and seed funding rounds. The average investment for...

Boston-based analytics startup LogRocket raises USD 25 million in Series C round

On June 21st, 2022, Delta-V Capital and Battery Ventures co-led the USD 25 million Series C round of LogRocket, a software frontend monitoring, and analytics service provider. What the founder has to say: Arbesfeld co-founder LogRocket: "Because consumers are adopting digital channels more quickly than ever, most analytics solutions now include an overwhelming quantity of data that may be used to optimize...

Africa-based online school platform startup Kibo School raises USD 2 million in Seed funding

The online school Kibo will provide students in Africa with a range of STEM degree programs. Further aiding its development is a USD 2 million seed investment led by Neo, a venture capital firm established by the co-founder of Code.org. Future Africa, Pledges, Brooklyn Bridge Ventures, Transcend Network, and other angel investors joined the round on June 21st, 2022....

Pine Labs Acquires API Infrastructure Platform Setu

Noida, India-based merchant payments and lending platform Pine Labs acquired fintech startup Setu. The deal was reported on June 23rd, 2022. Banglore, India-based startup Setu is an application programming interface (API) infrastructure operating in the fintech segment. The deal cost the fintech unicorn around USD 70 million - 75 million. As a part of the deal, the founders of Setu...

Leap Raises USD 75 million in Series D Funding 

San Francisco and Bangalore, India-based higher education enablement platform Leap raised USD 75 million in Series D funding. The round took place on June 22nd, 2022. Silicon Valley-based Owl Ventures led the funding. Meanwhile, new investors Steadview Capital and Paramark Ventures also joined in the investment. Besides, existing investors such as Jungle Ventures and Sequoia Capital India participated in...

Meesho Announces Unlimited Paid Leaves Policy for Employees

Bangalore, India-based internet commerce company Meesho announced employees' unlimited paid leaves policy. The new policy was announced on June 21st, 2022. It enables the employees to take up to 365 days of paid leaves for mental and health-related concerns. It also covers the situation when a close family member requires frequent or constant hospitalisation. Besides, it applies to employees...