Sunday, December 22

Tag: sequoia india

Samya.AI Raises $6M in Seed Funding led by Sequoia India
22Jan By NitishNo Comments
FUNDING

Samya.AI Raises $6M in Seed Funding led by Sequoia India

CHICAGO, Jan. 22, 2020-- Samya.AI, an enterprise Revenue Growth AI SaaS company has raised $6 million in seed round funding led by Sequoia India. Samya's other initial investors include Ashish Gupta (Founder of Junglee.com and Helion VC), Deb Henretta (Partner, G100 Companies and Ex-Group President, P&G), Arijit Sengupta (Founder of Kradle Ventures and Antuit Inc), Deborah Kops (Ex COO and Board Member of Antuit Inc and Ex CMO of WNS) and Sandeep Sugla (Founder of Marketsandmarkets Inc). Samya.AI has been founded by Shailendra Singh, Deepinder Dhingra and Pavan Palety, experienced leaders who have previously held leadership positions at organizations including IBM, Noodle.ai, Mu Sigma and MarketsandMarkets. Shelly Singh and Deepinder Dhingra have been instrumental in scaling Mu S...
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CleverTap raises $35 mn funding from Tiger Global & others
16Oct By PriyankaNo Comments
FUNDING

CleverTap raises $35 mn funding from Tiger Global & others

New Delhi, Oct 16- CleverTap, an AI-powered customer lifecycle, and user retention platform has raised USD 35 million (over Rs 250 crore) in series C funding, led by existing investors Tiger Global Management and Sequoia India. This new funding increases CleverTap’s external investment to USD 61 million since the beginning of 2019 a period that has seen the company’s valuation more than double from USD 150 million to USD 385 million, a statement said. "Growing at 250 per cent year-on-year since 2015, CleverTap intends to use the funds to build out its new US-based engineering hub, add enhanced predictive capabilities to its market-leading platform, and fuel an aggressive global go-to-market expansion strategy," it added. Sunil Thomas, co-founder and CEO of CleverTap, said, the lat...
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CleverTap raises $26 Million Funding Led by Sequoia India & Tiger Global
11Apr By PriyankaNo Comments
FUNDING

CleverTap raises $26 Million Funding Led by Sequoia India & Tiger Global

SAN FRANCISCO-- Customer lifecycle management platform, CleverTap, today announced a $26 million Series B funding round, led by Sequoia India with participation from new investor, Tiger Global Management, and existing investor Accel. The funds will be used to accelerate CleverTap's data science-driven product capabilities and scale to meet fast-growing demand for its customer lifecycle management platform. The new funding brings the company's valuation to more than $150 million. CleverTap's platform enables businesses to deliver omnichannel experiences to millions of their customers in real time. Using CleverTap's proprietary big data and artificial intelligence engine, businesses can analyze billions of user actions, providing marketing and growth teams with immediate customer ...
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Rajan Anandan Quit Google, Joined Sequoia Capital
2Apr By NitishNo Comments
News

Rajan Anandan Quit Google, Joined Sequoia Capital

Google's Vice President for South East Asia and India, Rajan Anandan quits Google India to join Sequoia Capital India as a Managing Director. Serving at Google for 8 years, Rajan now move to Sequoia India where he will focus on developing "Surge" into the world's top scale-up programme for startups, said Shailendra J. Singh, Managing Director at Sequoia. Rajan will join the leadership team at the firm, in addition to the six current Managing Directors. Anandan will continue at Google till the end of April and Vikas Agnihotri, Country Director, Sales will take on the responsibility in the interim for Google India, the company said in a statement on Tuesday. After news break, Anandan tweets, 8 amazing years. 850million internet users across India and SEA. Many billions of r...
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India’s leading Automobile Portal Cardekho Raises $110 Million Series C Funding
4Jan By NitishNo Comments
FUNDING

India’s leading Automobile Portal Cardekho Raises $110 Million Series C Funding

CarDekho, the flagship portal of GirnarSoft, on Thursday said it has raised USD 110 million (over Rs 770 crore) from various investors which it plans to utilise to expand its various business verticals. The company has raised the capital in a Series C funding with investments from Sequoia India, Hillhouse, CapitalG (Alphabet growth investment arm) and Axis Bank. “We plan to infuse the raised capital in used car business, insurance and finance verticals. These segments have huge potential to scale up and we are completely focused on getting them to a massive scale,” CarDekho CEO and co-founder Amit Jain told PIXR8 News. With this latest round of funding, the company has so far raised a total of USD 185 million, he added. CarDekho works directly with more than eight c...
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Metro Bikes Raises $12.2 Million Funding From Sequoia India and Accel Partners
11Aug By NitishNo Comments
FUNDING

Metro Bikes Raises $12.2 Million Funding From Sequoia India and Accel Partners

Bengaluru based Scooter Sharing platform Metro Bikes, renamed now ‘Bounce’, has raised $12.2 million series A funding led by Sequoia India and Accel Partners. Raghunandan G, Founder of TaxiForSure, and other angel investors have also participated in this round. The funding will use to scale up its network of 2,000 scooters in Bengaluru to 30,000 in the next 10 months; make the delivery model robust through technology innovations, double its headcount and develop a pan India presence across major cities by 2020, a top executive told BusinessLine. Earlier, the bike sharing company raises $700,000 in March 2015 from Captain Prashant Priya, a serial entrepreneur and $1.5 million in October 2017 from LG Chandrasekar, co-founder, Sutures India. Bounce also operates a network of 500 s...
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Unacademy Raises $21 Million in Series C Funding Round
17Jul By Gauri SinghNo Comments
FUNDING

Unacademy Raises $21 Million in Series C Funding Round

Online learning platform Unacademy has secured $21 million in a series C funding round. This funding round saw the participation of Sequoia India, SAIF Partners, Nexus Venture Partners and other existing investors as well. Followed by this funding round, the valuation of the company crossed $100 million. Apart from the above-mentioned investors, Blume Ventures also participated in this round. Gaurav Munjal, co-founder and CEO of Unacademy, said, “Right from the outset, we have focused on growing the platform by empowering the best educators. We have grown tremendously since our inception, and just last month, more than 3,000 educators were active on the platform and lessons created by them were watched more than 40 million times by learners.” The company plans to utilize the funds so ...
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Fintech Startup MoneyTap Raises $12.3 Million From Sequoia India
15Jun By PriyankaNo Comments
FUNDING

Fintech Startup MoneyTap Raises $12.3 Million From Sequoia India

Fintech firm MoneyTap today said it has raised USD 12.3 million (over Rs 78 crore) from Sequoia India and existing investors, NEA and Prime Venture Partners. "With this fresh funding, MoneyTap plans to solidify its leadership position by improving credit accessibility for other segments of customers, partnering with six other banks and NBFCs and expanding to 50 cities in India by the end of 2017," MoneyTap said in a statement sent to Pixr8. It added that the company is also on target to issue credit lines worth Rs 300 crore by the end of the current fiscal. The app-based consumer credit line has over three lakh users. The Indian consumer finance market is estimated to grow at a compounded growth rate of 18 per cent to become a USD 1.2 trillion opportunity by 2020, it said. With close t...
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Zarget Raises $6 Million Series A Funding From Sequoia India
3Nov By AdityaNo Comments
FUNDING

Zarget Raises $6 Million Series A Funding From Sequoia India

Zarget today announced it has raised $6M Series A round of funding, led by Sequoia India, with participation from current investors Accel, and Matrix Partners. The company plans to use funds to scale its marketing automation products and help small businesses easily optimize their web presence in real-time without any coding skills required. With Zarget’s all-in-one platform, any business owner has an easy and affordable way to become an effective digital marketer and improve performance of their websites instantly, without learning how to code or hiring an expensive IT department. Zarget offers all of the capabilities of competing solutions and more – including A/B testing, dynamic heatmaps, funnel analysis, form analytics, and user polls and feedback – but at 10% of the cost, and it’s...
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Bengaluru Based KredX Raises $6.25 Million Series A Funding
25Oct By PriyankaNo Comments
FUNDING

Bengaluru Based KredX Raises $6.25 Million Series A Funding

Invoice discounting marketplace, KredX has raised USD 6.25 million in Series-A round of funding led by Sequoia India. Company’s existing investor Prime Venture Partners also participated in this round and had earlier invested USD 750,000 in April of this year. The funding will be used by KredX to strengthen its technology, data and sales functions within the company. Bangalore-based KredX, Formerly known as Mandii is an online marketplace for SME lending that connects enterprises looking for financing and investors looking to earn higher short-term yields with lesser risk. Borrowers can upload payment pending invoices or post-date instruments of their customers, select from among the best bids available and receive funds. Investors can view invoices, PDIs from SMEs along with cred...
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