Tuesday, November 5

Tag: bon

Top 5 Funding of The Week (10th Sept – 15th Sept)
15Sep By Gauri SinghNo Comments
FUNDING

Top 5 Funding of The Week (10th Sept – 15th Sept)

Like every week, we have come up with the glimpse of the top five funding activities that took place this week. As you might already know, funding is an essential part of a business, especially for the startups. Without funding, the startups cannot look forward to grow and expand as per their plans. This particular week was quite active in terms of fundraising. Various companies, startups raised a valuable amount of funds from well-known investors. The company that raised the highest amount of funds was AutoGrid. It raised $32 million in Series D funding. Well, lets now have a look at all the top five funding activities that made it to the list.       1) Bon Pune-based fintech startup Bon has reportedly raised funds amounting to $1.1 million (Rs 7.8 crore) in...
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Pune-based Fintech Startup Secures $1.1 million in Seed Funding
12Sep By Gauri SinghNo Comments
FUNDING

Pune-based Fintech Startup Secures $1.1 million in Seed Funding

Pune-based fintech startup Bon has reportedly raised funds amounting to $1.1 million (Rs 7.8 crore) in seed funding. The particular round was led by Omidyar Network, Axilor Ventures and Better Capital’s AngelList India Syndicate. The funds raised by the company will be utilized towards helping the company’s further partnerships with banks, non-banking financial companies (NBFC). Also, it plans to expand its existence to 25 cities across India over the next 18 months and launch its operations in other markets in Asia as well. “Access to working capital is a real pain point for the growing gig workforce—one that can literally make or break a business of one. In India, where credit cards are not pervasive, this issue is even more prominent, as people don't really have a safety net to rely...
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