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FUNDING

December 12th, 2018 The popular edtech platform Byju’s has raised funds amounting to $400 million in a financing round led by Naspers Ventures and CPPIB. Naspers is a venture arm of South African media giant best known for its early bet on China's Tencent. On the other hand, CPPIB is a new investor. A private equity firm GeneralAtlantic,...
FUNDING

December 11th, 2018 London based OweMe which is a startup that helps companies move money efficiently through their supply chain has reportedly raised an amount of $1 million in Seed funding.This round was led by pi Ventures.  The company basically increases profitability by removing supply chain costs using provenance and...
FUNDING

December 11th, 2018 Beijing-based fleet management company G7 has raised funds amounting to $320 million in a financing round. This round was led by HOPU Investments, one of the mosthigh-profile private equity firms in China. With this funding,the total capital raised by the company has reached to around $500 million.Other participants included new...
FUNDING

December 3rd, 2018 A London-based online marketplace and SaaS for independent florists known as Floom has reportedly raised an amount of $2.5 million in a seed funding round. The round was round led by Firstminute Capital. The funds raised by the company will be used by the startup to continue to expand to the U.S., where it already operates in New York...
FUNDING

December 3rd, 2018 São Paulo-based rental marketplace called QuintoAndar raised an amount of $64 million (R$ 250 million) in a fresh funding round. The particular funding round was led by General Atlantic to accelerate expansion in Brazil. The other backers that participated in the round were Kaszek Ventures, Qualcomm Ventures and QED. The site...
FUNDING

December 1st, 2018 Funding is a very important part of business and without funding, it is quite difficult for startups to grow. Funding provides the base to startups. This week, we saw various funding activities, out of which the maximum funds were raised by an insurance company. The maximum funds raised were $200 million. Let us now have a full view...
FUNDING

December 1st, 2018 India’s on demand home services marketplace UrbanClap has secured funds amounting to $50 million in a fresh funding round. This round was led by Hong Kong-based hedge fund Steadview Capital along with existing investor Vy Capital. With this round, the valuation of the company will more than double to $480 million. UrbanClap...
FUNDING

November 30th, 2018 Minneapolis-headquartered insurance startup Bright Health has raised funds amounting to $200 million in Series C funding round. The round was led by Tom Valdivia, a former Definity Health executive. The valuation of the company, following the round has reached at $950 million. New investors Declaration Partners and Meritech Capital...
FUNDING

November 28th, 2018 Bengaluru-based milk and daily essentials delivery startup called Doodhwala is reportedly securing funds up to $12 million (around Rs 85 crore) in a Series A round of funding. The round is being led by Impact investment firm Omnivore Ventures. Along with this, the company had approached both new and existing investors for the fresh...
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