How to Finance a New Retail Business?
Finding the best strategy to fund your new business can be one of the most difficult challenges you'll face as a budding entrepreneur. Fortunately, there are numerous retail financing options available, especially for those looking to start their own retail business. In this article, we're going to discuss the options available for financing your retail store and the different situations...
India-based biotech startup String Bio raises USD 20 million in Series B funding
On July 11, biotech innovation startup String Bio reported closing the first round of its Series B round, raising a total of USD 20 million from investors including Woodside, Ankur Capital, Dare Ventures, Redstart, and Zenfold Ventures. Additionally, the startup and Woodside Energy Technologies, a wholly-owned subsidiary of the multinational energy giant Woodside Energy Group, have engaged in a strategic...
Berlin-based startup Kadmos raises USD 29.20 million in Series A funding
Blossom Capital sponsored a €29 million (USD 29.2 million) Series A investment round for Kadmos, the platform for end-to-end salary payments for international companies, on 11th July 2022. In addition to the previous € 8.3 million (USD 8.36 million) Seed round's existing investors, Addition and Atlantic Labs participated in the funding round. In advance of full-scale customer onboarding this summer,...
Vegrow Raises USD 25 Million in Series B Funding
Bangalore, India-based business-to-business (B2B) fruits marketplace Vegrow raised USD 25 million in Series B funding. The round took place on July 11, 2022. Prosus Ventures led the funding for Vegrow. Meanwhile, existing investors Matrix Partners India, Elevation Capital, Lightspeed India, Ankur Capital and angel investor Sanjiv Rangrass joined in the investment. Utilization of Funds by Vegrow With the latest capital infusion,...
Campus Fund Raises USD 10 Million in Recent Funding
In recent funding, the India-based venture capital Campus Fund raised USD 10 million (INR 75 crore). The company announced the news on July 9, 2022. Large institutions, family offices, and leading fund general partners led the financing for Campus Fund. IIFL Wealth, Omidyar Network India, Bharat Shah (former chairman of HDFC Securities), Jaimin Bhatt (CFO, Kotak Mahindra Bank), Kanwaljit...
Axilor Ventures opens a second USD 100 million fund
Axilor Ventures, a seed-stage investor, is launching Axilor Technology Fund - II (ATF-II), its second technology fund, worth USD 100 million, to increase its investments in Indian entrepreneurs while maintaining its focus on seed possibilities. ATF-II anticipates closing by the end of September and seeks permission from the Securities and Exchange Board of India (Sebi). The launch of Axilor's new fund...
California-based startup Tebra raises USD 72 million to become a unicorn
Golub Capital helped Tebra finance USD 72 million to expand its operating system for independent healthcare providers. The additional funding increases the company's estimated value to USD 1 billion, turning the California business into a unicorn. Additionally, Golub Capital provided USD 65 million in expansion finance for the company's 2021 merger, bringing its total investment over the previous year to...
Innoviti Closes its Series D Round at USD 45 Million
Bangalore, India-based payments-focused fintech startup Innoviti announced the close of its Series D round at USD 45 million. In the latest round, Singapore-based growth equity firm Panthera Growth Partners (PGP) infused USD 15 million. The company announced the news on July 7, 2022. Panthera invested USD 15 million from its recently announced Fund II. Meanwhile, new investors, including Alumni Ventures...
Emiza Acquires Shippigo for an Undisclosed Amount
Mumbai, India-based warehousing and fulfilment services provider Emiza acquired Shippigo. The acquisition took place on July 6, 2022. The deal did not disclose the amount of acquisition. Shippigo is a Gurguram, India-based technology platform for shipping solutions. As per the deal, the founders and team of Shippigo will join Emiza. Purpose of Acquisition by Emiza The recent acquisition of Shippigo will further...
London-based fintech startup Griffin raises USD 15.26 million in fresh capital
Griffin, a London-based Banking-as-a-Service firm, announced the fundraising of roughly €15 million (USD 15.26 million) to be the preferred banking and finance partner for fintechs on 7th July 2022. The business has built a bank on which financial institutions can expand, introducing self-service software to the market Fintech angels include William Hockey, co-founder of Plaid and founder and co-CEO of...
