December 11th, 2018
Venture capital firm Sequoia Capital has invested Rs 65 crore in Wakefit which manufactures mattresses, at a post-money valuation of Rs 210 crore. Through this round, Sequoia Capital has picked up 31.9% stake in the previously bootstrapped startup.The startup will leverage 10-15% of the acquired funds primarily to strengthen its...
September 26th, 2018Student housing startup Stanza Living has reportedly raised funds amounting to Rs 73 crore (over $10 million) in a funding round led by venture capital firm Sequoia Capital India.
This funding round also saw participation by existing investors Matrix Partners and Accel. With this fundraising, the total capital raised by Stanza Living...
September 19th, 2018Robotic Process Automation (RPA) software company UiPath has secured funds amounting to $225 million in Series C funding. The round was co-led by existing investor CapitalG and new investor Sequoia Capital.
Another investor that participated in the funding round included existing investor Accel Partners. This particular fundraise...
September 8th, 2018Online fashion rental marketplace Flyrobe that is based in Mumbai has reportedly raised around $3.71 million (Rs 26.06 crore) in a fresh funding round. The investors who led the funding round were IDG Ventures and Sequoia Capital.
Another existing investor that participated in the round included Tokyo-based GREE Ventures. Following...
August 13th, 2018Wakefit, an online company that sells mattresses is in advanced talks with three venture capital funds for the purpose of securing about Rs 40 crore ($6 million). The funding will be led by Sequoia Capital.
If the funding is implemented, it will be Wakefit’s first external round of investment. The company was inaugurated in 2016 by...
August 6th, 2018The big data analytics company Mu Sigma is in talks with the private equity player TPG Capital to sell a large stake sale in the firm. According to the sources, this acquisition of stake may result in a potential sale of the venture and this will value the company at around $1.2 billion.
However, there has been no formal agreement...
July 26th, 2018India’s largest co-working space provider Awfis Space Solutions has secured funds amounting to $20 million in Series C funding round. The round was led by company’s existing investors global venture capital firm Sequoia Capital, The Three Sisters: Institutional Office led by Radha Kapoor and Temasek Group company InnoVen...
July 18th, 2018Online marketplace for the sale and purchase of second-hand cars ‘Cars24’ has raised funds amounting to $50 million (Rs 340 crore). The latest funding round was led by Sequoia Capital.
The other existing investors that participated in the funding round were Cayman Islands-based Kingsway FCI Fund and Toronto-based KCK Global. After...
