Fashion Retailer High Street Essentials raises USD 5.1 million from Stride Ventures
Delhi, India-based fashion retail platform High Street Essentials raised USD 5.1 million (INR 40 crore) on May 20, 2022. In a combination of equity and debt, Stride Ventures led the funding for the startup. High Street Essentials owns fashion brands such as FabAlley and Indya. Purpose of Funding for High Street Essentials With the recent investment, the company also announced brand...
Cyscale raises EUR 3 million in Seed Funding Round
Romania-based, graph-driven cloud security analysis platform Cyscale raised EUR 3 million in seed funding. The round took place on May 19, 2022. Notion Capital led the funding for Cyscale. Meanwhile, Seedcamp, GapMinder, Micha Hernandez van Leuffen, previously founder of Wercker and now Fiberplane and NP-Hard Ventures; and David Mytton, founder of Console.dev and Server Density, participated in the funding. Purpose...
Y Combinator warns Startup Founders to Prepare for the Worst
Silicon Valley-based famed startup accelerator Y Combinator issued a warning to its network of startups about the coming economic downturn. In a note sent to its portfolio startups on May 19, 2022, the investment firm asked startups to prepare for the worst. Amidst the global market turmoil, Y Combinator advised founders to plan for a funding slowdown and the...
Singapore-based VC firm Jungle Ventures raises US $600 million
Jungle Ventures, a Singapore-based venture capital firm, has announced the closing of its Fund IV at US $600 billion on May 18, 2022. The fund is a combination of US $450 million primary funds and US $150 million in managed commitments. Jungle Ventures' total assets under management (AUM) will hit US $1 billion due to this fund, making it the...
San Francisco-based startup Instabug raises USD 46 million in Series B funding
Insight Partners led a US $46 million Series B fundraising round for Instabug on 17th May 2022, a firm that promises to assist mobile developers monitor, discover, and resolve bugs within apps. The funding comes little over two years after the company raised US$ 5 million in a Series A round led by Accel, which increased its stake in the...
Edtech Startup CampK12 launches Hatch Kids its Metaverse and AR/VR Creation Platform
India-based Online global school startup CampK12 announced the launch of Hatch Kids on May 18, 2022. Hatch Kids is a metaverse and AR/VR creation platform for the users of CampK12. The platform is free of cost and supports AR/VR curriculum models for educators and schools at zero cost. The purpose for the Launch of Hatch Kids Camp K12 initially created Hatch Kids...
D2C Women Activewear Brand BlissClub raises USD 15 million in Series A Round
Bangalore, India-based D2C activewear brand for women BlissClub raised USD 15 million in its Series A funding. The round took place on May 18, 2022. Eight Roads Ventures and existing investor Elevation Capital led the funding for BlissClub. Angel investors such as Swiggy CEO Sriharsha Majety, co-Mamaearth co-founder Ghazal Alagh, Licious co-founders Vivek Gupta and Abhay Hanjura, former Myntra...
TOP 5 CRYPTOCURRENCIES THAT WILL GENERATE PROFITS THIS 2022:
Experts in the cryptographic analysis have carried out exhaustive studies of the markets for some time now, where the behavior of the values of cryptocurrencies is monitored to determine which of them may be the most profitable and profitable for this current year. Furthermore, This page claims that the generation of profit for potential investors will work well this...
Fashinza raises USD 100 million in its Series B Round
India-based AI-driven B2B marketplace for fashion brands and retailers Fashinza raised USD 100 million in the Series B funding. The round took place on May 17, 2022. Prosus Ventures, formerly known as Naspers Ventures, and Westbridge led the financing for Fashinza. Meanwhile, the round also saw existing investors Accel, Elevation, and ADQ participation. Angel investors such as Naval Ravikant,...
Eight Roads Ventures launches USD 250 million funds for healthcare and life sciences
Fidelity-backed global investment firm Eight Roads Ventures announced its first India-dedicated USD 250 million funds for healthcare and life sciences on May 17, 2022. The new fund is the largest pool of capital available for the sector in the country. Purpose of the new fund by Eight Roads Ventures With the new fund, the firm hopes to exploit a boom in...
