Indian neobank startup Fi raises USD 50 million in series B round
India-based Fi, a neobank that provides digital bank accounts and streamlines the financial management process for their clients, raised USD 50 million on 30th October. Investors: The new round of funding has been led by Facebook co-founder Eduardo Saverin's B Capital, with support from Falcon Edge Capital. Last year, Fi had raised $13 million from Ribbit Capital and Sequoia Capital. Purpose of...
India-based space-tech startup SatSure raises funds led by Baring Private Equity India
SatSure, a Bengaluru-based space-tech startup, has raised an undisclosed amount of equity funding led by Baring Private Equity India on 1 November 2021. About Baring Private Equity India: BPEP India is a member of Baring Private Equity International. Founded in 1984, Baring Private Equity Partners has a rich heritage of entrepreneurial initiatives that began nearly three decades ago when the...
India-based Q-commerce startup Zepto raises USD 60 million in early institutional round
Zepto, a 10-minute grocery delivery startup, has raised USD 60 million in an early institutional round led by Glade Brook Capital on 1 November 2021. Investors: Glade Brook Capital led the latest round of funding with participation from Nexus, Lachy Groom, Y Combinator and Global Founders Capital. The Objectives behind the funding: The company will deploy the current proceeds to expand...
Culture-as-a-service (CaaS) startup Unlock secures US$ 2M in Seed funding
Unlock, a UK-based SaaS-driven platform aiming to develop a culture among isolated teams, has raised US$ 2 million in Seed funding led by La Famiglia on 1st November 2021. Investors: The latest investment round featured La Famiglia as the lead investor with participation from GuideStar Ventures, Kima Ventures, Antler and many high-profile investors such as Thibaud Elziere, Ian Hathaway, Andy Chung,...
US fintech startup Extend raises USD 40 Million in series B round
US-based Extend, a company that creates platforms that enable digital payments and is modernizing the payments industry, raised USD 40 million on 28th October. Investors: March Capital led the funding with B Capital, Point72 Ventures, Fintech Collective, Reciprocal Ventures, Wells Fargo, and Pacific Western Bank participating. Such support from reputable fintech investors demonstrates how Extend's unique vision holds potential. Purpose of...
US fintech startup Able raises USD 3.2 million in seed funding to the creator economy
US-based Able, a company that helps influencers, freelancers, and creator platforms manage income, taxes, and invoice messaging, raised USD 3.2 million on 29th October. Investors: Elefund led the USD 3.2 million seed funding round, along with Moonshots Capital, Next Coast Ventures, Signal Peak Ventures, and LocalGlobe from the U.K. Also participating in the round were entrepreneurs and content creators. Among them...
US-based Biotech startup Immunai raises USD 125 million in Series B round
Immunai, a New York-based biotech startup, has raised USD 125 million in a Series B funding round led by Koch Disruptive Technologies on 27 October 2021. Investor: Koch Disruptive Technologies led the latest funding round with participation from Talos VC, 8VC, Alexandria Venture Investments, Piedmont, ICON and others, bringing the company’s total funding to USD 295 million. The Objectives behind the...
US-based startup Phrase Health raises USD 3 million from LionBird and others
Phrase Health, a maker of SaaS-based electronic health record data tools, has raised USD 3 million in the latest funding round led by LionBird on 28 October 2021. Investors: Digital health venture capital firm LionBird led the latest funding round with participation from health IT leaders Vizient, Inc. and BioAdvance. The Objective behind the funding: The company plans to deploy the...
US-based trade finance platform Drip Capital secures US$ 175M in Series C funding and debt financing
Drip Capital, a California-based online cross-border trade finance platform catering to small and medium enterprises (SMEs), has raised US$ 40 million in a Series C funding round led by TI Platform Management, financing US$ 135 million through debt facilities led by Barclays Investment Bank on 28 October 2021. Investors: The Series C funding round featured TI Platform Management as the lead...
Add to Cart: Reliance Industries’ Acquisitions
In the seventh edition of Add to Cart we'll be analysing the acquisitions of Reliance Industries.
