Tea cafe startup Chaayos nabs USD 12M in series B
Chaayos, a Delhi based tea café startup has raised US$12 million in series B funding led by a clutch of venture capital firms including SAIF Partners, Singapore-based investment firm Pactolus and Hong Kong-Integrated Capital. The funds raised will be utilized to further develop its offline presence in the geographies it is currently present in as the company charts a concentrated model to keep its...
Logistics SaaS FarEye raises USD 25 Million in series D funding
Logistics software startup FarEye secures USD 25 million in funding led by Microsoft’s venture fund M12, with participation from Honeywell Ventures and Eight Roads Ventures. Existing investor SAIF Partners also participated in the series D round. The company, has secured USD 40 million till date, including its latest funding“We will use the funds to further invest in enhancing predictive capabilities...
Dairy food start-up Milk Mantra secures USD 10M in Debt from DFC
Dairy food start-up Milk Mantra announced on 19th June, 2020, that US International Development Finance Corporation (DFC) has committed US$10 million for structured debt financing to the company. DFC has also approved US$3,71,000 for technical assistance to support the company’s ethical milk sourcing programme and agriculture extension services as per a statement. Setuka Partners LLP based in Washington DC, led by Aman...
500 Startups backed accounting automation start-up Bizzi
As more businesses ramp up their digital transformation initiatives in the wake of the Covid-19 crisis, companies offering automation services are seeing an opportunity. Vietnam-based Bizzi.vn is one such model. The startup built up a bookkeeping digitized instrument utilizing robotic process automation (RPA) as it plans to rearrange and digitize the financial operations of companies. The firm in May, 2020, declared...
Edtech startup Grazing Minds raises undisclosed amount from DH Holdings
Digital edtech and consulting start-up Grazing Minds promoted by serial techpreneur Sangita Dash and Asish Dash has secured an undisclosed amount in June 2020, as seed funding led by DH Holdings, a London-based private equity and venture capital firm specialized in early and late stage fundings. The company said it will deploy the funds to counseling teams, build a semi...
Lightspeed raises over USD 4 Billion across three funds
Lightspeed Venture Partners is the latest Silicon Valley firm to close a US$ 1 billion plus fund despite the disruption happening in the startup world it works in. The Menlo Park-based firm claims to raise over US$ 4.2 billion across three funds. It had previously raised two India-focused funds - US$ 175 million in 2018 and US$ 135 million in...
HR start-up JobHopins secured USD 2.45 Million in series A
JobHopin, a startup that provides an Artificial Intelligence-powered digital recruitment platform in Vietnam, has nabbed US$2.45 million in Series A round of funding, co-led by KK Fund and SEMA Translink (South Korea). NKC Asia (Japan), Canaan Capital (China), Mynavi Corporation and Edulab Capital Partners (Japan), besides several angel investors including the CEO of Forbes Vietnam and CEO of Vietnam’s second...
NoBroker secured USD 30 Million Series D Top-up
Online land rental stage NoBroker.com as of late declared that it has brought USD 30million up in Series D financing round by General Atlantic. Apparently, this is the third investment made by the Singapore-based Venture Capitalist firm in the startup. The company explained, this is a further extension of Series D financing, as a part of which it had brought...
Chinese Automaker BYD’s Semiconductor Unit Raises $265m ahead of Separate Listing
BYD Semiconductor, the microchip manufacturing division of battery powered transport concern and a subsidiary of Chinese electric carmaker BYD, has entered into an investment agreement to raise USD 256 Million (¥ 1.9 billion) from 14 strategic investors for promotion and expansion. The company made the deal in May 2020, to acquire the most needed capital for generating more revenues from...
COVID-19 test kit maker Mylab bagged an undisclosed amount
Mylab Discovery Solutions Private Ltd., situated in Pune, which is also the first Indian company to get approval for COVID-19 test units in India, has announced that it has bagged an undisclosed amount from Sakal Media Group's MD Abhijit Pawar and Adar Poonawalla, CEO - Serum Institute of India. Additional capital will be deployed for scaling up the production of...
