Shelf Engine raises US$ 12M to reduce food wastage in grocery stores

Shelf Engine raises US$ 12M to reduce food wastage in grocery stores

Seattle-based Shelf Engine has secured US$ 12M in a funding round led by Garry Tan’s Initialized Capital and GGV Capital. Other participants in the investment include Foundation Capital, Bain Capital, 1984 Ventures and Correlation Ventures. Capital raised will be used to increase the headcount of the engineering team and its sales and acquisition process. Shelf Engine provides an automated prediction engine that recommends what to...

US-based life and career coaching community Medley announces launch

US-based life and career coaching community Medley announces launch

Medley, a new membership-based community has announced its launch on July 21, 2020. Compared to various communities that bring together like-minded people to interact and exchange their ideas and experiences, Medley’s goal is to connect users with people who aren’t just like them. The startup helps connect people from all walks of life. Founded by mother and daughter duo Edith Cooper and Jordan Taylor,...

 4 Factors affecting VC funding 

Not all startups are designed for venture capital. There are several criteria that Venture Capitalists look for when deciding whether to invest capital or not and there is a reason for that. Some startups are just not capable of deploying such a massive influx of cash. These start-ups need to have the ability to scale quickly and take over...

Start-up guide to Equity Dilution 

These are difficult times for businesses to raise funds. Start-ups that survive past their bootstrapping stage will generally look to raise funds by giving out shares in their start-up in return for cash from equity investors who may consist of family, venture capitalists, private equity funds (usually in that sequence) and angel investors. Apart from raising funds, shares may be offered...

B2B marketplace Bijnis secures USD 10M in series A from Sequoia and Matrix Partners

Bijnis

A technology based business-to-business marketplace for unorganized retail segment, Bijnis, announced on 21st July, 2020 that it has secured USD 10M in Series A round. The round was led by Sequoia Capital and Matrix Partners India and existing investors InfoEdge and Waterbridge Ventures. The Delhi based company claims to deploy the funds by expanding their distribution network of retailers across...

Edtech startup Uable secures seed round led by 3one4 Capital

Bengaluru-based online life-skill development platform Uable, has secured an undisclosed amount in seed funding for product/brand development, technology and hiring talent on 17th July, 2020. Uable was founded in 2019 by Saurabh Saxena, the co-founder of Vedantu. The seed round is led by 3One4 Capital. Jupiter founder and CEO Jitendra Gupta, PineLabs’ CEO Amrish Rau, Inflection Point Ventures, AngelList and...

UK’s marketing SaaS startup Insider bags US$ 32M series C funding

UK’s marketing SaaS startup Insider bags US$ 32M series C funding

London-based startup Insider, that develops software to help clients in digital marketing has raised US$ 32M in a Series C funding round held in July 2020. The round was led by Riverwood Capital, with participation from Sequoia India, Wamda and Endeavor Catalyst. Capital raised will be used to enter into the U.S. market, enhancing sales and marketing, hiring more engineers...

Paris based fantasy football game developer Sorare secures €3.5M seed funding

Paris based fantasy football game developer Sorare bags €3.5M seed funding

Sorare, the Paris-based developers of a global fantasy football game have raised €3.5M in July 2020, in a seed funding round led by e.ventures which also saw participation from Fabric Ventures, Semantic Ventures, World Cup Champion André Schürrle and existing investors. The fresh funds will enable Sorare to significantly increase its headcount, as demand for their football gaming cards is thriving...

Indian neobank Walrus raises funds from Better Capital and others

Walrus

Walrus, Bengaluru based neobank has secured an undisclosed amount of funding in pre-seed funding round on 15th July, 2020. The round was led by Better Capital, an early backer of neobanks in India including investments in Open, Khatabook, Jupiter, Slice and Yelo. The PaaS (Platform As A Service) is focused on providing banking solutions for teens and young adults. Angel investors including...

Sibros raises USD 12M in Series A funding led by Nexus Venture Partners

Sibros

Deep connected vehicles platform Sibros on Monday 20th July, 2020 announced that it has closed Series A round of USD 12M funding. The round was led by Nexus Venture Partners. Other participants include Moneta Ventures and Twin Ventures. This round brings the total capital to over USD 15M. The San Jose, California based company claims to utilize the funds to enhance...