India based tech-enabled insurance startup GramCover raises USD 7 million in Series A round
GramCover, an India based composite insurance broking firm, raised USD 7 million in a Series A round co-led by Siana Capital and Inflexor Ventures on 4 October 2021. Investors: Siana Capital and Inflexor Ventures co-led the latest round of funding with participation from Stride Ventures. In addition, existing investors include Omidyar Network India, Flourish Ventures and Emphasis Ventures (EMVC). The Objectives...
India based Fintech startup Progcap raises USD 30 million in Series C round
Progcap, a New Delhi, India-based fintech startup, raised USD 30 million in a Series C round co-led by Tiger Global Management and Creation Investment on 4 October 2021. Investors: Existing investor Tiger Global Management and new investor Creation Investments co-led the latest round of funding with participation from Sequoia Capital India. The Objectives behind the funding: The company plans to deploy...
US-based animal-free dairy startup Perfect Day raises USD 350 million in Series D round
Perfect Day, a California-based food-technology startup, raised USD 350 million in a Series D round co-led by Temasek and Canada Pension Plan Investment Board (CPP Investments) on 29 September 2021. Investors: Temasek and Canada Pension Plan Investment Board (CPP Investment) co-led the latest round of funding with participation from Horizons Ventures, Bob Iger, and SK, Inc. The Objectives behind the funding:...
US-based Clinical trials vendor TrialSpark raises USD 156 million in Series C round
TrialSpark, a New York-based biotech unicorn, raised USD 156 million in a Series C round led by tech investors Sam Altman and Lachy Groom on 1 October 2021. Investors: Tech investors Sam Altman and Lachy Groom led the latest round of funding with participation from new and existing investors, including Sequoia Capital, Thrive Capital, Casdin Capital, Dragoneer, Section 32, John...
India-based Fintech startup Rupifi raises USD 1 million in series unknown round
Rupifi, a SaaS Fintech startup, raised USD 1 million in debt and equity in a series unknown round from Alteria Capital and Coinbase and Pinterest board member Gokul Rajaram on 30 September 2021. Investors: Alteria Capital financed debt, and Coinbase and Pinterest board member Gokul Rajaram invested the equity portion of the capital raised. The Objectives behind the funding: The company...
US-based startup AlphaSense raises USD 180 million in Series C round
AlphaSense, an AI Search Engine for corporations, raised USD 180 million in a Series C round co-led by Goldman Sachs and Viking Global on 30 September 2021. Investors: Goldman Sachs and Viking Global co-led the latest round of funding with participation from CitiBank, Morgan Stanley, Bank of America, Barclays and Well Fargo Strategic Capital, Cowen Inc., and AllianceBernstein, as well...
India’s Meesho raises USD 570 Million at a valuation of USD 4.9 Billion
On 29.09.21 - Bangalore-based, social commerce unicorn, Meesho announced that it raised USD 4.9 Billion in a Series F round. The startup has doubled its valuation in less than six months, and shown an exponential growth in the ongoing pandemic. The round was led by Fidelity and B Capital Group with the participation of Prosus Ventures, Facebook, Good Capital and...
CUSMAT secures USD 100K in a pre-Series A round
30.09.2021 - Bengaluru-based, CUSMAT, immersive training and assessment platform announced that it raised USD 100k in its pre-Series A round. This funding round was led by We Founders Circle. This pre-Series A round was participated by Better Inc., MapmyIndia and Venture Catalyst. Till now CUSMAT has raised 650K in funds, total. Utilization of the raised capital - In an official statement...
Digital Real estate startup Nomad Homes raises USD 20 million in Series A round
Nomad Homes, a UAE-based property technology startup, raised USD 20 million in a Series A funding round co-led by 01 Advisors and The Spruce House Partnership on 30 September 2021. Investors: 01 Advisors, an investment fund co-founded by former Twitter executives Dick Costolo and Adam Bain and The Spruce House Partnership, a New York-based investment partnership, co-led the current funding...
Germany based startup Heyflow raises USD 6 million in seed round
Heyflow, the industry's first no-code platform for interactive user experiences, raised USD 6 million in a seed round led by Project A Ventures on 30 September 2021. Investors: Project A Ventures led the latest round of funding with participation from Atlantic Labs, Possible Ventures and many angel investors, including Philipp Westermeyer (OMR). The Objectives behind the funding: The company plans to...
