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Topics: Funding

Grab is raising $856 million from Mitsubishi UFJ Financial Group, and TIS Inc

Singapore based ride-hailing startup Grab on Tuesday said that “It is raising $706 million from Mitsubishi UFJ Financial Group Inc (MUFG), and $150 million...

Blume Ventures raises $41 million in Fund IIA

One of India's leading Venture Capital, Blume Ventures has announced that it has raised $41 million in Fund IIA. In an official statement, Blume Ventures...

Unacademy raises $110 million from Facebook, General Atlantic, Sujeet Kumar, and others

India -based online ed-tech startup Unacademy has raised $110 million in its post-funding round from Facebook, General Atlantic, in the participation of few other...

EduTech startup Vedantu swipes $24 million in Series C round funding from GGV Capital

In participation with existing investors, Vedantu, a Bengaluru based online education startup, has raised $24 million in series C round funding from GGV Capital...

Offline-to-Online fintech startup ‘Dot’ swipes $8 Mn in seed funding from PayU & others

Gurugram based online-to-offline (O2o) commerce and fintech startup Dot has raised $8 million in series seed round funding from Prous and Fosun RZ Capital. The...

Edu-tech startup BYJU’S scores $200 million in funding from General Atlantic

India-based online education startup BYJU'S has raised undisclosed funding from its existing investor General Atlantic. But, according to the media sources, “The investment from General...

Logistics startup Fleetx secures $2.8 million in series A round funding

Gurugram-based logistics startup Fleetx has announced that it has secured $2.8 million in series A round funding from Singapore based Venture capital firm Beenxt...

Nikhil Arora of GoDaddy India says, “This budget is a reflection of government's commitment toward delivering inclusive growth"

Speaking on the union budget 2020, that was presented in the parliament by Finance Minister Nirmala Sitharaman on Saturday. Nikhil Arora, Vice President and Managing...

MoneyTap collects Rs 500 crore in series B round funding from Aquiline Technology Growth, RTP Global, and Sequoia India

Online consumer lending startup MoneyTap on Monday announced that it has raised Rs 500 crore in series B round funding from Aquiline Technology Growth...

EdTech startup WizKlub secures Rs 7 crore from Incubate Fund India and Insitor Impact Asia Fund

Bengaluru -based edtech startup, WizKlub has announced that “It has raised Rs 7 crore in series seed round funding from Japan's early-stage VC Fund,...

Shriram City Union Finance to raise $1 billion in dollar bond sale through GMTN programme

Chennai-based non-banking financial institution, Shriram City Union Finance Ltd is planning to raise $1 billion in bond sale through Global medium-term notes (GMTN) programme. In...

US venture capital funding decline by 42.5% in last quarter of 2019

US venture capital-backed companies raised $23 billion in the last quarter of 2019, down 42.5% from the same period a year ago, according to...

Snack startup Samosa Singh bags $2.7 mn in A round funding from She Capital, Fireside Ventures and others

In participation with Equanimity Investments, and AL Trust. The Bengaluru -based snack startup Samosa Singh has advanced $2.7 million in series A round funding...

Livspace gets $60 million makeover from Tahoe Investment, EDB Investment, and others

A Bengaluru-settled online home décor company Livspace has raised $60 million in its latest round funding from Hong Kong-based Tahoe Investment Group, EDB Investment,...

Bike rental startup Bounce snaps $105 Mn from B Capital, Accel Partners, and Others

India-based bike rental startup Bounce has raised $105 million in series D round funding from Accel Partners India, B Capital, and others. The new round...

Nestle to invest $2.1 billion to reduce the use of virgin plastics

In an attempt to reduce the use of virgin plastics. The Swiss largest food and beverage company Nestle has announced that “It will invest...

Manappuram Finance snaps $300 million in bonds

Manappuram Finance on Monday has announced the approval of the issuance of fixed-rate senior unsecured notes aggregating to $300 million. In a filing at BSE,...

TypingDNA closes $7 million in series A round funding from Gradient Ventures, GapMinder, Techstars Ventures, and others

A New York-based behavioral biometrics company, TypingDNA has raised $7 million in series A round funding from Gradient Ventures, Google AI-focused venture funds, and...

Manappuram Finance to secure Rs350 crore through issuance of NCDs

India based non-banking financial company, Manappuram Finance Ltd is planning to raise Rs 350 crore through issuance of non-convertible debentures (NCDs) on a private...

NHPC to raise Rs 2,000 crore in FY 19-20

A state-owned hydropower generation company NHPC Ltd, is planning to raise Rs 2,000 crore through various instruments. In a filing at BSE, the company said,...

Shadowfax raises $60 million in series D round funding from Flipkart, Eight Roads Venture, World Bank’s IFC, and others

India based logistics startup Shadowfax has raised $60 million in series D round funding from Flipkart, Eight Roads Ventures, and few others. The new round...

Dhruva Space secures Rs 5 crores in collective funding from Mumbai Angels, Ravikanth Reddy, and others

A Hyderabad-based end to end solution provider for building small satellites, Dhurva Space has secured Rs 5 crores in a collective angel round funding...

Argentina's fintech startup Uala plans for expansion with Tencent, SoftBank, and Pierpaolo Barbieri

Argentine digital banking startup Uala is looking to more than double in size, expand its product range and leverage expertise from new investors including...

India’s forex reserves increase by $441 million to a new lifetime high of $448.2 billion

India's forex reserves rose by $441 million to a fresh lifetime high of $448.249 billion in the week to November 15 on an increase...

Bookingjini scores Rs 3 crore from Mumbai Angels, Apurva Salarpuria and others

Bookingjini, a Bhubaneshwar-based online platform that allows hotels to generate direct booking on its platform, has scored Rs 3 crores in its seed...

pre-IPO round: Freshworks secures $150 million funding from Google, Sequoia, Accel Partners

Valuing the company at $3.5 billion, the Chennai-based customer engagement software company, Freshworks, has secured $150 million in new round funding from its existing...

RBI Deputy Governor Viral Acharya: Govt of India needs to undertake heavy disinvestment programme

The Indian government needs to reduce its reliance on bond markets and undertake a heavy disinvestment programme along with urgently implementing land, labour and...

Debunking Four Myths About International Debt Collection

“The borrower is a servant to the lender,” says a passage in The Bible, but if you are the creditor on an unpaid loan,...

Wipro Consumer Care Ventures to fund —India, Southeast Asian consumer brands startup

India’s leading FMGC company, Wipro Consumer Care and Lighting have announced a launch of its new venture fund called “Wipro Consumer Care Venture,” to...

Groww raises $21.4mn from Ribbit Capital, Sequoia India, and Y Combinator

A Bengaluru-based investing platform, Groww has raised $21.4 million in series B round funding from U.S. based Venture Capital firm Ribbit Capital, and others. The...

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