Stockbroking app Zerodha is making this Diwali special for its representatives as the company has created a new worker investment opportunities (ESOP) plan. With this, the company joins the rundown of several development stage companies, for example, Paytm, Swiggy and Rivigo among others who have either expanded or created a new ESOPs pool.
Zerodha is the largest stockbroking app for retail trades…
Tiger Global is known for making large wagers, yet this year it has also shown interest in making smaller wagers between $15-35 million. Small and medium endeavors (SMEs) centered insurance platform Plum and multi-brand car studio and spare parts firm GoMechanic raised early-stage assets from the central unicorn maker in India in the new past.
GoMechanic had raised $42 million in a new round drove…
The Hosteller, a backpacker lodging chains startup, has raised $1 million in its pre-Series A round drove by FAO Ventures and CA Holding LLP. SUNiCON Ventures, Shubhkam Ventures, Jito Angel organization and FAAD Network have also participated.
According to the New Delhi-based startup, the assets will be utilized to ramp up its number of inns from 12 inns to 50. The brand further tries to raise $10…
Women centered online beauty and grooming marketplace Purplle has gathered up $75 million in its Series E round led by private value firm Kedaara Capital. This is the second funding round for the Mumbai-based startup in 2021 which raised $45 million in its Series D round in March.
Purplle has raised the new round at a valuation of $600 million, according to industry sources. The company was valued…
Neobanking startup Fi (earlier epiFi) has raised around $50 million in what appears to be a Series B round led by B Capital. This is the second fundraise for the Bengaluru-based startup in 2021. In June, it had raised a $12 million Series A round.
Fi has approved the allotment of 1 value and 3,90,531 Series B CCPS at a face value of Rs 10 and a premium of Rs 9,485.25 per share to raise Rs 370.81…
Adda247, an edtech startup zeroed in on the public authority test preparation section, is in advanced stage talks to raise $20 million from a new and existing investor, said two sources aware of the details of the transaction.
On September 21, Entrackr had solely announced that Adda247 was scouting for a new round. The Gurugram-based firm was also in talks with edtech giant Unacademy for a…
B2B automobile spares startup Koovers has raised $1.5 million led by Inflection Point Ventures (IPV), JPIN-VCats and Venture Catalysts.
According to the Delhi-based startup, the assets will be utilized to expand its quality across India, expand its item portfolio, and upgrade its innovation platform.
Established in 2016 by Vinayak YB, Sandeep Begur and S Prem Kumar, Koovers centers around…
Digital insurance supplier Acko has raised $255 million in a new round led by General Atlantic and Multiples Private Equity. The round also saw participation from CPPIB, Lightspeed Growth and existing investors Intact Ventures and Munich Re Ventures.
According to Acko, the new assets have been raised at a valuation of $1.1 billion, making it the 34th unicorn this year to pave its way into the…
Mobile-first credit card company OneCard, possessed by FPL Technologies, is in talks to wipe up $100 million in a new round from new and existing investors, according to two sources aware of the details of the conversation.
This will be the third infusion in the Pune-based company in 2021 which had raised $35 million in two tranches in its Series B round led by Sequoia Capital and QED…
D2C petcare brand Wiggles has brought $5.5 million up in a new round drove by Anthill Ventures. Panthera Peak Ventures alongside a few new and existing investors, for example, Varun Alagh, Nikhil Bhandarkar and Nachiket Deshpande have additionally partaken.
The funding cash will be utilized for R&D of new classification creating items and development, said Wiggles in an official…
