Nazara Technologies Becomes the First Indian Gaming Company to File an IPO

Nazara Technologies

India-based Nazara Technologies Ltd., a gaming platform backed by billionaire Rakesh Jhunjhunwala, became the first Indian gaming technology company to make a stock market entry, filing IPO documents with the Indian market regulators on 16 Jan 2021. About the IPO: Nazra Technologies had received approval from SEBI (Securities and Exchange Board of India) for its IPO in 2018. Nazara's public...

Internet Startup OneWeb acquires US $400 million fresh funding

OneWeb

The internet-driven, London-based startup of the aerospace and satellite sector, OneWeb, announced the procurement of a sum amounting to US $400 million in a venture round led by Softbank. The round was announced on January 15, 2021 and is majorly targeted at funding the first satellite fleet of OneWeb Ltd. Another key participant in the investment is the US...

MX And Blend FinTech Raises USD 300 Million In Funding Round

MX and Blend, both FinTech start-ups independently announced that they have separately raised USD 300 million capital in series C and series G rounds respectively.  1) MX raises USD 300 million funds What the funding is for:  The organization is aiming to utilise the infusion to support the company to digitize the money experience to give personalised and user-friendly experience. They...

Lithuania based gaming start-up Eneba raises USD 7.85 million funds

With the rise in demand during the pandemic for digital entertainment, a Lithuanian gaming enterprise Eneba has just targeted USD 7.85 million capital in the series A funding round. On the online platform gamers could purchase games and other game related items such as gift items and vouchers.  The funds accompanied would benefit the company’s user interface in developing and...

High-stakes: PayPal Ventures

High-stakes is a unique series that focuses on dissecting the investments of venture capital and private equity firms to gain insights about the portfolio of companies they’ve invested in, industries they focus on, and their investment process. In this edition of High-stakes, we’ll be focusing on PayPal Ventures.

Carne Group rolls in €100 million investment from Vitruvian Partners

Carne Group rolls in €100 million investment from Vitruvian Partners

Carne Group, a Dublin Ireland based digitally driven platform built for fund management solutions, announced that it has secured €100 million capital on 13th January 2021. The funding round was led by Vitruvian Partners, a London headquartered independent growth capital firm primarily focused on dynamic situations characterized by rapid change and growth across IT and fintech industries.  The proceeds of the...

Weezy on-demand grocery platform secures £15 million Series A funding

Weezy on-demand grocery platform secures £15 million Series A funding

Weezy, a London, England based online supermarket platform built to deliver on-demand groceries in just 15 minutes secured £15 million Series A funding on 14th January 2021.  The Series A investment was led by the New York based venture capital Left Lane Capital and was joined by new investor DN Capital, existing investor Heartcore Capital and angel investor Christ Muhr.  Harley...

Language Learning App BlaBla secures US $1.5 million seed funding

Edtech Funding Startup

BlaBla, a YC-backed, language learning startup has just secured a sum of US $1.5 million in a seed funding round announced on January 14, 2021. The round was led by several prominent investors including Y Combinator, Amino Capital, Starling Ventures and Wayra X (the innovation arm of the telecoms giant Telefonica).  BlaBla is an online platform that specializes in teaching...

What’s All the Fuss About the Messaging App Signal?

Fuss about Signal and Whatsapp

I bet that one out of ten people reading this article must have ditched WhatsApp for the more privacy-friendly messaging app – Signal. And if not ditched it, many have downloaded Signal out of curiosity about the fuss around the App. The controversy surrounding WhatsApp's new terms of use has agitated people worldwide. It states that more information will be...

Cloud based startups Carbyn and Oqton secure funding

Cloud based startups Carbyn and Oqton secure funding

Cloud based startups are indeed the future of the technology industry, recently the cloud based startups Carbyne and Oqton have secured new funding. Here is what you need to about the funding rounds: Carbyne secures around US$ 25 million Series B1 funding Carbyne, a Israeli cloud based startup that provides emergency communication to provide public safety technology for emergency infrastructure secured...