Vernacular social media platform ShareChat has closed its $40 million pre-Series E spherical led by current investors Lightspeed India and SAIF Partners. Pawan Munjal, CEO and Chairman of Hero MotoCorp and Ajay Shridhar Shriram, Chairman, DCM Shriram are the 2 new investors who pumped in undisclosed sums via their family offices.
The fresh proceeds could assist ShareChat to ram up its quick video…
The newly unveiled Altara Ventures represents certainly considered one among the biggest homegrown VC partnerships in the region. The group consists of Tan Chow Boon, Credence Investment managing companion; Seow Kiat Wang, Credence Partners companion; Gavin Teo, former general companion at B Capital; and Dave Ng, Southeast Asia head at Eight Roads.
Rounding out the organization is seasoned…
Cameo, a Chicago, IL-primarily based startup that connects enthusiasts directly with their favorite popular culture personalities, closed $50m Series B financing.
The spherical was led through Kleiner Perkins with participation through The Chernin Group, Spark Ventures, Bain Capital and Series A lead investor Lightspeed Venture Partners.
The business enterprise intends to apply the brand new funds…
Playbuzz, a NYC-primarily based platform for on-line content engagement and social distribution, raised $15m in funding.
The spherical was led through Saban Ventures with participation from The Walt Disney Company (thru a completely owned subsidiary) and present buyers 83North, Carmel Ventures and FirstTime Ventures. In conjunction with the funding, Barak Pridor, Managing Partner at Saban…
Suuchi, a Princeton, NJ-primarily based supply chain platform company for fashion manufacturers and retailers, raised $8m in growth funding.
Edison Partners made the investment. In conjunction with the funding, Kelly Ford, Partner, Edison Partners, joined Suuchi’s board of directors.
The agency will use the finances to boost up go-to-market execution and product innovation, in addition to hold…
Laika, a NYC-primarily based data security and compliance-as-a-service platform, raised $10m in equity financing.
The spherical was led through Canapi Ventures with participation from current buyers Bain Capital, NYCA Partners, and Third Prime with participation founders, CEOs, and CTOs of Plaid, GLG, Flatiron Health, Shutterstock, and Quovo. In conjunction with the deal, Jeffrey Reitman, Partner…
Cairo-primarily based fintech Kashier has raised seed funding led through Glint Ventures, it introduced in a assertion to MENAbytes on Sunday. The startup did not expose the precise size of funding however has instructed MENAbytes that it is a six-figure (USD) deal. The spherical additionally included participation of a few other unnamed investors.
Founded in 2017 through Khaled Raslan, Mohamed…
Bright Health, a Minneapolis-primarily based company providing fitness plan merchandise and clinical care delivery offerings, has raised $500 million in Series E funding.
Investors include funds and accounts recommended through Tiger Global Management, T. Rowe Price Associates and Blackstone, with follow-on investments from current buyers together with NEA, Bessemer Venture Partners and…
Next Insurance, which targets to be the go-to insurance company for any small enterprise, has raised $250 million in a Series D spherical.
The spherical, which values the company at more than $2 billion, was led through new investor CapitalG and current investor Munich RE.
The purpose is for Palo Alto-based Next Insurance to be the largest company of small enterprise insurance in the U.S., CEO Guy…
The San Francisco-primarily based startup raised a $16 million Series B spherical of funding to similarly increase its free social calendar and occasion discovery platform that brings people collectively over shared experiences.
Goodwater Capital led the spherical with participation from Founders Fund, Floodgate and Raine. The new financing offers IRL a complete of $28 million raised because the…
