Tuesday, November 5

Tag: LetsTrack

Funding Fest : All the Funding of the Past Week (2nd-9th April)
10Apr By Sheldan RungasamyNo Comments
FUNDING

Funding Fest : All the Funding of the Past Week (2nd-9th April)

All the funding articles starting 2nd April to 9th April compiled in one. This week's edition contains 14 startups which raised a combined amount of approximately $ 460.35 Million. The highest funding of the week was recorded by PayTM Mall. To get additional details about the funding of a particular company, click on its hyperlink. Kaleidofin Kaleidofin, a Chennai based fintech platform raises $2.8 million seed funding led by Omidyar Network, a Silicon Valley-based impact investing firm established by Pierre Omidyar, the founder of eBay, Blume Ventures, and individual investors, including Israeli serial entrepreneur and inventor, Professor Shlomo Ben-Haim. BeYouPlus BeYouPlus, a Delhi-based health and wellness startup raised a funding round worth Rs 50 Lakhs from Fortis H...
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LetsTrack Raises $ 1.7 Mn from Seed Investor
5Apr By Sheldan RungasamyNo Comments
FUNDING

LetsTrack Raises $ 1.7 Mn from Seed Investor

LetsTrack raised funds of $ 1.7 million from US investor James Arthur, who will join the firm as Chief Operating Officer in an attempt to expand its operations on the international market. LetsTrack is planning to offer their services in around 50 countries until 2020. The company’s valuation was estimated according to various contributing factors and the company received many offers at a valuation of $ 17 million. While investments are usually done in order to secure capital and raise money, LetsTrack looked for an investor who would bring a strategic plan in order to raise the overall quality of the company. "For me, it was a no-brainer because James was not only bringing money but also dedicating the next 10 years and for Letstrack that is invaluable. Now we have an investor and p...
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