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FUNDING

November 22nd, 2018 Singapore based cross border fintech startup Instarem has reportedly raised an amount of over $20 million in Series C funding round. This round was led by the VC arm of Indonesian telecom operator Telkom, MDI Ventures and the fund belonging to Thai bank Kasikorn, Beacon. Along with this, existing investors such as Vertex Ventures,...
FUNDING

November 21st, 2018 A Chennai-based internet of things (IoT) company known as Detect Technologies has reportedly secured funds amounting to $3.3 million (Rs 23.6 crore) from SAIF Partners in a Series A round of funding. This funding marks the VC fund’s third such investment in the Internet of Things space. Backers like Bharath Innovation Fund,...
FUNDING

November 20th, 2018 A mobile gaming startup known as Mech Mocha Game Studios which is based in Bengaluru has raised a sum of $10 million (Rs 71 crore) as a part of its ongoing Series B funding round. With this, the company is expecting to raise around $5-6 million for the first close from new and existing investors, Arpita Kapoor. She is the co-founder...
FUNDING

November 19th, 2018 Sweden-based e-scooter startup VOI Technology has reportedly raised funds amounting to $50 million in Series A funding round. This round was led by London-based venture capital firm Balderton Capital. Along with this, backers like LocalGlobe, Raine Ventures, and previous VOI backer Vostok New Ventures also participated in the funding....
FUNDING

November 17th, 2018 We have again come up with the top five funding activities that took place this week. Funding is one of the most important steps in the growth of a business. Therefore, every week, we throw light on the important funding activities. This week was very active in terms of funding process and the company that raised the highest amount of...
FUNDING

November 17th, 2018 The RPA company Automation Anywhere has been raising valuable funds for a long time and this time, the company has raised $300 million in Series A financing round. This particular round was led by SoftBank Vision Fund. Following this funding round, the valuation of the company has reached $2.6 billion. Prior to this, the company...
FUNDING

November 15th, 2018 California based service management software company ServiceTitan that helps leading home services businesses generate more leads and close more sales has secured funds amounting to $165 million in Series D funding round. This round was led by Index Ventures. Fresh investors such as New backers Dragoneer and T. Rowe Price also...
FUNDING

November 15th, 2018 An omni-channel retail tech startup known as Perpule has reportedly raised $4.7 million in a Series A funding round. The particular round was led by Prime Venture Partners, Kalaari Capital and Venture Highway. The company provides consumers with a self checkout option at retail outlets, intends to use the funds for expansion into...
FUNDING

November 14th, 2018 A Brazil based technology conglomerate known as Movile has just raised funds amounting to $400 million. This round was led by existing investors including Naspers and Innova Capital. The funds have basically been raised for its iFood subsidiary. The company was founded by chief executive officer Fabricio Bloisi which began as a...
FUNDING

November 14th, 2018 US based five-minute meditation app Simple Habit has reportedly secured an amount of $10 million in Series A funding round. This round was led by Silicon Valley-based venture capital firm Foundation Capital. With this, the developer’s total funding has reached up to $12.5 million. Prior to this, Simple Habit previously raised $2.8...
FUNDING

November 12th, 2018 A construction technology company based in UAE known as WakeCap has secured $1.6 million in seed funding round. The particular round was led by a group of global investors including Consolidated Contractor Company (CCC), Graphene Ventures, Abunayyan Holding and Inspire Ventures Arabia, SOSV, startAD Seed and SeedCo Capital. The...
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