On demand delivery startup raises $1 billion from Softbank
Rappi raises $1 billion funding from softbank
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Top 5 Funding of the Week (17th Dec – 22nd Dec)
Funding is a very important part of a business and when an entrepreneur starts a business, the major source of expenditure for him is the funding he receives. This week, we saw the food delivery giant raising a huge amount of funds. So, let’s dig into the details and have a look on the top […]
Drivezy to Raise $60 Million in Series C Funding Round
Sharing economy-focused startup Drivezy is close to finalising a $60 million funding round (about Rs 432 crore), as it looks to double down on its vehicle sharing platform, particularly its two-wheeler segment. The Bengaluru-based on-demand startup, which announced i.ts $20 million Series B round last month, expects to close the latest round by end-January, and which is likely to value the […]
Chinese Startup LemonBox Raises $2 Million for Business Growth
A Chinese e-commerce startup called LemonBox that imports vitamins and health products from the US has reportedly raised funds amounting to $2 million in a funding round led by Y Combinator. The funds have been basically raised to develop its business. The company has pulled in the new capital also from 10 other investors includingPartech, Tekton Ventures, […]
Top Five Funding of the Week (12th Nov – 17th Nov)
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 […]
Meditation App Simple Habit Raises $10 Million in Series A Funding
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 million from seed […]
Social Commerce Platform Meesho Raises $50 Million in Series C Round
A Bengaluru-based social commerce platform Meesho has reportedly raised an amount of $50 million in a Series C funding round. Following this funding round, the valuation of the company has reached between $200 million and $250 million. This particular round was led by Shunwei Capital, Yuri Milner’s DST Partners and RPS Ventures. Along with this, exisiting backers like […]
Electric Scooter Startup Grin Merges with Ride for Expansion
Mexico-based electric scooter startup Grin has reportedly merged with Brazil-based Ride to further carry forward the company’s expansion across Latin America. As of now, the Y Combinator-backed Grin only operates in Mexico City, but it has plans to expand to other cities throughout Latin America. This recent merger will enable Grin to do this as early as […]
California-based Oh My Green Raised $20 million
In a fresh funding round, California-based B2B company Oh My Green has raised $20 million. This particular funding round was led by Initialized Capital, Powerplant Ventures, Backed VC, ZhenFund, Talis Capital and the Stanford StartX Fund. With this investment, the company plans to expand throughout the U.S. and gradually launch overseas. The basic motive behind this […]
This Startup Will Preserve Your Brain after Death
Y Combinator is a startup accelerator that has built a reputation in supporting daring startups in its popular three-month boot camp. And surely, regarding this statement, they have found a gem in Nectome. Next week scheduled YC’s “demo days”, Nectome’s co-founder Robert McIntyre will demonstrate his technology for preserving brains in their most microscopic detail […]
Mutual Fund and SIP based Investment Platform Groww Raises Funding
Bengaluru based Mutual Fund and SIP based investment platform Groww raises an undisclosed seed funding from Y Combinator, Mukesh Bansal (Myntra Founder) and Ankit Nagori, former chief business officer of Flipkart. The company will use the fresh round to expand its technology team and also introduce new products for its customers. “Our long-term vision is […]
Payment Solution Firm Razorpay Raises $20M funding
India’s payments solutions firm Razorpay has raised $20 million funding led by Tiger Global and Y Combinator with participation from Matrix Partners. However, company declined to disclose the company valuation post this fundraise. “We will use the funds for our next phase of growth by scaling products and bolstering our technology and expanding to newer markets like South East Asia,” said Razorpay CEO & Co-Founder […]