Electric two-wheeler manufacturer Ather Energy raises USD 128 million in Series E Funding
Bangalore, the India-based electric two-wheeler maker Ather Energy, raised USD 128 million in Series E funding. The round took place on May 12, 2022. Indian government's sovereign wealth fund, the National Investment and Infrastructure Fund (NIIF), led the funding for Ather. Meanwhile, existing investor Hero MotoCorp also backed the company. Purpose of Funding for Ather Energy Ather Energy plans to use...
Spain-based digital model ownership model startup Freeverse.io raises US $10.54 million in Series A
10 MAY 2022, BARCELONA, SPAIN: Earlybird and Target Global, and current investors Adara Ventures and 4Founders Capital led a €10 million (USD 10.54 Million) Series A investment round in Freeverse.io. Companies can use Freeverse's service to create 'Living Assets,' next-generation NFTs. Existing investors Adara Ventures and 4Founders Capital and global digital media company OneFootball joined the round alongside Earlybird and...
San Francisco-based Edtech startup Manara raises US $3 million in Pre-seed funding
Educational technology start-up On May 9, 2022, Manara received US$3 million in pre-seed funding from Silicon Valley investors in order to start world-class careers for the Middle East's top female software engineers and accelerate the region's progress toward becoming a globally renowned hub of tech talent. Stripe led the funding round, which began in 2021 and included LinkedIn founder Reid...
HR tech Startup Hono raises USD 5 million in Series A Funding
India-based human resource tech platform Hono raised USD 5 million in Series A funding. On May 11, 2022, various individual investors participated in the financing. Aakash Chaudhry, the managing director of test prep firm Aakash+BYJU's, led the round for Hono. Other individual co-investors include Hemant Sultania, Amit Khanna of Amaya Ventures, and Harsh Gupta of Udayat Group. While Aakash Chaudhary...
B2B FMCG Platform ApnaKlub raises USD 10 million in Series A Funding
Bangalore, India-based FMCG wholesale startup ApnaKlub raised USD 10 million in Series A funding on May 12, 2022. New York-based Tiger Global Management led the round for the company. Purpose of Funding for ApnaKlub With the latest capital infusion, the wholesale company plans to deepen infrastructure in key states. ApnaKub seeks to expand its platform from 5000 to 20,000 partners and...
South Korea-based home improvement app Ohouse raises US $182 million in Series D funding
Bucketplace, a South Korean business that owns the OHouse home decoration and interior app, is hoping to capitalize on the trend with its most recent US$182 million Series D financing on May 9, 2022. Bucketplace raised a US $1.4 billion Series D investment at a post-money valuation ( 2 trillion KRW). The current round nearly doubled the eight-year-old company's worth,...
Egypt-based fintech startup Paymob raises US $50 million in Series B
Paymob, an Egyptian fintech that allows retailers to accept digital payments both online and in-store, revealed on May 9th, 2022, that it has raised US$50 million in Series B funding. The financing was headed by PayPal Ventures, PayPal's worldwide corporate venture arm, Kora Capital in New York, and Clay Point in London. Helios Digital Ventures, British International Investment (previously the CDC...
TiviMate App Review:
Our streaming habits have morphed due to the evolution from conventional cable and satellite televisions to internet-powered IPTV. Without having to sit tight for a scheduled broadcast, we can now select what we want to watch and where and how we want to stream using IPTV. IPTV necessitates internet connectivity and, more significantly, a signal receptor, restricting its use to...
E-mobility Platform MoEVing raises additional funding of USD 5 million in Seed Round
Gurguram, India-based electric mobility company MoEVing, raised additional funding of USD 5 million on May 11, 2022. The capital infused in the seed funding round was a mixture of equity and capital. UAE-based venture capital firm BeyondTeq, GCC family offices, Strides One, TradeCred, and N+1 Capital participated in the round. Meanwhile, the founder and managing director of Nazara Technologies,...
SaaS Platform Shopflo raises USD 2.6 million as part of its Seed Funding Round
New Delhi, India-based e-commerce enablement platform Shopflo raised USD 2.6 million in its seed funding. The round took place on May 11, 2022. Tiger Global and TQ Ventures co-led the funding for Shopflo. Meanwhile, Better Capital and a few angel investors also participated in the round. Tiger Global makes its first seed investment for a startup at a pre-product stage...
