Wealth Tech Platform Bhive.fund raises Strategic Investment
Bangalore, India-based wealth tech platform Bhive.fund raised strategic investment on May 12, 2022. Gruhas Proptech, co-founded by Nitin Kamath (Zerodha's co-founder) and Abhijeet Pai of Puzzolana, participated in the funding. The round also saw participation from Blume Ventures. Meanwhile, leading marquee investors such as Sreeram Reddy Vanga of Kofluence and Leadsquared founders Nilesh Patel and Prashant Singh also invested...
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The technology Crypto trading system has managed to achieve significant development, being applied in all areas of daily life, standing out in the economy, since there are many projects developed with it where aspects of the modern economy such as cryptocurrencies are mixed. Blockchain technology has given much to talk about in recent years, with it cryptocurrencies have been created,...
Michigan-based drone startup SkySpecs raises US $80 million in Series D funding
SkySpecs, a Michigan-based business that uses drone software to monitor almost half of all wind turbine blades in North America, has raised US $80 million in strategic capital to expand its product line and geographic footprint on 13th May 2022. Goldman Sachs led the investment round, including NextEra Energy Resources and current investors. Along with Goldman, NextEra Energy, Düsseldorf-based VC...
Fintech startup TIFIN raises US $109 million in Series D funding
— BOULDER, Colo., and NEW YORK — On the 12th of May 2022, TIFIN, a financial platform that uses artificial intelligence (AI) and investment-driven personalization to influence the future of investor experiences, announced the successful completion of a US $109 million Series D fundraising round. Previous strategic investors include Franklin Resources (NYSE: BEN), a worldwide investment manager under Franklin Templeton,...
NBFC Platform Vivriti Capital raises an additional USD 30 million as part of its Series C Funding
Chennai, India-based fast-growing mid-market lender Vivriti Capital raised an additional amount of USD 30 million on May 11, 2022. The funding was a part of its Series C round. TVS Capital Funds led the financing for Vivriti Capital via its TVS Shriram Growth Fund 3. Meanwhile, Avendus Capital served as the exclusive financial advisor to Vivriti Capital on this...
ByteBeam raises USD 3 million in Seed Funding Round
Bangalore, India-based B2B company ByteBeam raised USD 3 million in seed funding on May 12, 2022. Together Fund, Accel and STRIVE VC led the funding for ByteBeam. Meanwhile, the round saw participation from AdvantEdge VC backed by the Motherson Group; Phanindra Sama, Founder of Redbus; Tanmai Gopal, Co-founder of Hasura; Vimal Kumar, Founder of Juspay; Mekin Maheshwari, Ex-CPO at...
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Japan-based startup Zeals raises US $38.8 million in Series E
Zeals, a Tokyo-based startup that uses its chat application to connect businesses with their customers, announced on 12th May 2022 that it has raised US $27.2 million (3.5 billion yen) in equity and US $11.6 million (1.5 billion yen) in debt. According to the company, the latest round increases the company's total funding garnered to US $41.4 million, which...
India-based startup Gokwik raises US $35 million in Series B
Think Investments, RTP Global, Sequoia Capital India, and Matrix Partners join GoKwik in a US$35 million Series B round on May 11th, 2022. • Committed to a remote-first approach to team building, it expects to hire 200+ people across India by the end of 2022, focusing on tech solutions for significant marketplaces, Omni-channel companies, and continuing deeper penetration in D2C. •...
Web3 Creator Platform Fanztar raises USD 646K in Seed Funding
Indian blockchain-based Web3 platform for creative monetization Fanztar raised USD 646K (INR 5 crore) in its seed funding. The round took place on May 12, 2022. India Quotient, a seed-to-early-stage venture capital firm, led the financing for Fanztar. Meanwhile, the round saw participation from angel investors. ShareChat founders Ankush Sachdeva, Bhanu Pratap Singh and Farid Ahsan, along with Sarthak...
