Edtech platform Simplilearn has announced its first-ever ESOP buyback worth Rs 48.74 crore. The buyback was undertaken as part of the new investment by Blackstone earlier this year.
The company had offered active workers to liquidate up to 25% of their vested ESOPs as part of this buyback, out of which 65% of them with ESOPs liquidated their choices.
Established in 2009, Simplilearn is a digital…
SaaS platform Parablu has raised more than $1 million in pre-Series A funding round drove by Inflection Point Ventures.
The funds raised will be used primarily for sales and marketing, targeted towards expanding appropriation channels and penetrating new markets in North America and to accelerate the engineering roadmap.
Established in 2015 by Anand and Subash, Parablu constructs undertaking class…
Virtual occasion organization startup and Zoom’s greatest rival in India Airmeet is in late-stage conversations to gather up a new round from new and existing backers, according to two individuals aware of the details of the potential transaction.
The Accel-backed startup had last raised $12 million in its Series A round drove by Sequoia Capital India and Redpoint Ventures in September last…
Fintech platform Simpl has raised $40 million in a Series B round drove by Valar Ventures and IA Ventures with participation from LFH Ventures and other internal investors. This investment brings the total capital raised by the company to $83 million.
Launched in 2015, Simpl enables merchants to possess their client’s checkout experience with platform features like 1-tap checkout, buy currently…
At this very moment grocery conveyance business has turned hyper-cutthroat in 2021 and Swiggy’s Instamart is also set to guarantee grocery conveyance within 15 minutes.
The Bengaluru-based company has announced that it will start the 15 minutes administration from January 2022. To develop Instamart, Swiggy will also invest $700 million, said the company in a press statement. The express grocery…
Fin-Tech platform PayGlocal has brought $4.9 million in a Series A funding round drove by Sequoia Capital India with participation from BeeNext, Jitendra Gupta and Amrish Rau.
The company will utilize the assets to develop the merchant and partner biological system, scale up the item and expand the team. Launched in 2021 by Prachi Dharani, Rohit Sukhija and Yogesh Lokhande. PayGlocal enables…
Edtech startup Nxtwave has raised $2.8 million in a pre-Series A funding led by Orios Venture Partners and Better Capital along with popular angels including Ravi Bhushan, Ramakant Sharma, Vikram Kailas, Umang Kumar, Chakradhar Gade, Anupam Mittal, Vikas Malpani, Rajesh Shawney, Nandu Nandkishore and Shaji Devakar and Giridhar Malpani.
The startup plans to deploy fresh capital for expanding the…
Startup BizzTm has raised $1.2 million led by 2 am VC along with Axilor Ventures, Let’s Venture, IIMI Fund, Qua Capital, Incisive Ventures, and angel investors like Anupam Mittal , Ramakant Sharma, Abhishek Nag, Ryan Valles and family offices like Patni, Supriyajith Family Trust, and Almoayed General. The brand will leverage the freshly infused capital to further expand its presence in 100 new…
Agritech startup Veg Route has raised $125K in a pre-seed round of funding led by Mohan K, Jai Kumar, Prabhu R and Omar Bin Brek.
Veg Route intends to use the fresh assets to expand in Tier-2 and Tier-3 cities by employing technology and building a solid in-house team. Founded in 2020 by Anand Alagarsamyand and Shyam Prashad Rajasekaran, Veg Route is an agritech B2C Supply Chain Platform that…
The year may be coming to an end soon, but Tiger Global’s investment spree in Indian startups doesn’t appear to halt. The investment firm has driven a $40 million round in EatClub Brands, which operates cloud kitchen brands like BOX8 and MOJO Pizza.
The Mumbai-based full-stack foodtech platform had last raised around $2.5 million as a part of Series C round in January this year.
BOX8 has also…
