Sweden based caller identification app Truecaller has acquired payment startup Chillr to boost its payment business in the country, as announced at a press conference in Bengaluru on Wednesday. The acquisition has come in just after the company announced to roll out credit and other financial services to Indian users in the coming months. Chillr […]
Kunal Shah, Co-founder of Payment company Freecharge has successfully raised $30 million from a group of investors led by led by venture capital investor Sequoia Capital, as reported by the sources. Kunal is starting a new incubator that would be dedicated to helping startups in consumer space. One of the sources on request of anonymity […]
Raw Pressery, the organic cold-pressed juice and beverage maker, has completed a funding round of $10 Mn (Rs 65 crore) from existing investors Sequoia Capital, Saama Capital and DSG Consumer products. The funds raised will serve in expanding the company’s footprint across international markets. The beverage firm is also holding talks with its family office […]
Unacademy, an edtech startup raised INR 3.84 crore funding from existing investors – Sequoia Capital, Saif Partners, Nexus Venture Partners and Blume Ventures in a Series B equity round. Its parent company, Sorting Hat Technologies Private Limited allotted 400 Series B1 preference shares of Rs 100/- each and a premium of Rs 96,127.10/- per share. […]
Finova Capital Pvt. Ltd, a non-banking financial company based in Jaipur has obtained a $6 million (Rs 6.5 crore) investment by existing investor Sequoia Capital. “They have scaled fast while maintaining high portfolio quality and delivered profits. This has encouraged Sequoia to double down on its investment in Finova and support its next leg of […]
The expense management software for enterprises, Happay has raised Rs 1.60 crore ($250,000) in a fresh round of funding, a report by TechCircle confirms. The IT services company raised a total of $10 million (Rs 65.13 crore) in the round led by existing investor Sequoia Capital. Happay which was found in 2012 in Bangalore, Karnataka raised the same […]
Online learning platform Unacademy has raised $11.5 million (Rs 73 crore) in a Series B round led by Sequoia Capital India and SAIF Partners, the company said in a statement on Wednesday. The round also saw participation from its existing investors Nexus Venture Partners and Blume Ventures.
Bengaluru based oncology startup, OncoStem Diagnostics, has recently raised $6 million from VC firm Sequoia Capital India Advisors, a senior executive of the company said. OncoStem focuses on personalized cancer treatment planning through the development of tests that try to effectively predict the chance of cancer recurrence in patients. It was founded by Manjiri Bakre […]
Sequoia Capital-backed online pharmacy 1mg has recently acquired Varanasi-based startup Dawailelo. The terms of the deal were not disclosed. “We are very keen on building a pan-India presence rapidly,” said Prashant Tandon, CEO of Gurgaon-based 1mg, which is pushing to expand operations in tier-II and -III cities. “The team at Dawailelo has done a great […]
Cloud-based business software provider Freshworks (earlier Freshdesk) has acquired Zarget, a website analytics startup backed by marquee investors including Sequoia Capital. This marks the ninth acquisition by Freshworks in the past two years. This acquisition will help Freshworks focus on building marketing solutions for businesses of all sizes, although the terms of the deal were […]
American venture capital firm Sequoia Capital is exploring the options to sell out its portfolio company Pine Labs, one of the country’s largest PoS (point of sale) solutions provider. According to the sources reported to ET, Sequoia Capital, who presently owns two-third of this Noida based startup, is targeting a valuation of about $1 billion […]
Bengaluru-based Increff, registered under NextSCM Solutions Pvt Ltd, which offers fashion supply chain technology solutions to brands and retailers, has recently raised $2 million (Rs 13 crore) in a funding round led by Sequoia Capital, and others.