BusinessNews

Sequoia Spark Fellowship, a $100,000 plus mentorship to assist with empowering to become businesswoman

Sequoia India reported today the dispatch of Sequoia Spark Fellowship, a $100,000 award in addition to mentorship program to assist with empowering more ladies in India and Southeast Asia to become business people. In view of tracxn and crunchbase information, starting at 2020 only 12% of adventure moved new businesses in India and 20% in Southeast Asia have somewhere around one female author. The…
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BusinessNews

PlanetSpark has raised $13.5 million from Prime Venture Partners and more

Edtech platform PlanetSpark has raised $13.5 million from Prime Venture Partners and angels including Binny Bansal, Deep Kalra, Ashish Gupta, Gokul Rajaram, and Shirish Nandkarni, in a Series-B round. PlanetSpark had recently raised $3.7 million in past rounds from Prime Ventures, FIITJEE and several angel organizations. The newly infused assets will be sent towards business development, item…
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BusinessNews

CometChat has raised $10 million in a Series A round drove by Signal Peak Ventures

SaaS company CometChat has raised $10 million in a Series A round drove by Signal Peak Ventures, including participation from existing investors Matchstick Ventures, Range Ventures, Unbound VC among others. Already, CometChat had raised $1.6 million in a Pre-Series A round. The funding will be used in worker development, accelerating go-to-market strategies and scaling platform infrastructure and…
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BusinessNews

Pocket FM has raised $22.4 Mn in a round drove by Lightspeed

Pocket FM, (OTT) audio-centered app, has raised $22.4 Mn in a round drove by Lightspeed. Times Group and Tanglin Ventures have also joined the new round. According to the Gurugram-based startup, the assets will be utilized to ramp up its operations and to assemble a larger substance creator local area while increasing presence across geographies. The startup will also invest in innovation for…
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BusinessNews

Startup CHARGE+ZONE has raised $10 million as a bridge round

EV-charging infra startup CHARGE+ZONE has raised $10 million as a bridge round drove by Venture Catalysts and others, and will additionally raise Series A funding worth $50 million in 2022. The funding will assist Charge+Zone in amping up its already existing charging organization of more than 1000 points across 19-urban areas largely for electric transports and cars. Launched in 2018, CHARGE+ZONE…
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BusinessNews

LoanKuber has brought pre-Series A round of Rs 13 crores

LoanKuber has brought pre-Series A round of Rs 13 crores drove by Lets Venture which saw participation from Inflection Point Ventures among different investors. LoanKuber said it will utilize the returns towards building and expanding the team, enhancing the existing tech stack, onboarding 1000 MSMEs and rapidly growing its loan book to Rs 75 crore in the following a year. Established in 2017 by…
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BusinessNewsStartup

Simplilearn has announced its first-ever ESOP buyback worth Rs 48.74 crore

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…
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BusinessNews

Parablu has raised more than $1 million in pre-Series A funding round

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…
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BusinessNews

Airmeet is raising around $25-30 million at over $150 million in valuation

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…
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BusinessNews

Simpl has raised $40 million in a Series B round

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…
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