Poolside, the innovative AI-driven software development platform, has just scored a remarkable $500 million in its latest funding round, bringing its total capital raised to a staggering $626 million and its valuation to an impressive $3 billion! This Series B round was led by Bain Capital Ventures, with big names like eBay and Nvidia joining in, showcasing the excitement around AI in the coding…
Indian startups are back in the spotlight, with funding skyrocketing to $3.4 billion in the third quarter of 2024, doubling from last year’s $1.7 billion. This exciting rebound comes after a tough financial period, showing that the startup ecosystem is ready for a fresh wave of investment.
In Q3 2024, 262 deals were made, a 28% increase from 205 in the same quarter last year. The number of…
Whatfix, a leading digital adoption platform, has successfully raised $900 million in its Series E funding round, spearheaded by private equity giant Warburg Pincus, with additional support from existing investor SoftBank Vision Fund 2. This new capital is set to fuel the company’s expansion into markets across the US, EMEA (Europe, the Middle East, and Africa), and APAC (Asia-Pacific)…
IntroductionThinKuvate, a Singapore-based angel investment platform, has announced the successful first close of its India Fund at Rs 25 crore, part of a larger target of Rs 100 crore. This milestone was reached just four months after the fund’s formal launch, signaling strong investor interest and confidence in India’s startup ecosystem.
Investment FocusThe ThinKuvate India Fund aims to…
Introduction: Jhana’s Bold Move in LegaltechBengaluru-based legaltech startup Jhana has successfully raised $1.6 million in a seed funding round, signaling a significant leap forward in its mission to enhance legal services through artificial intelligence. The funding was led by Together Fund, co-founded by notable entrepreneurs Girish Mathrubootham, founder of Freshworks, and Manav Garg…
Introduction: Welcoming a New LeaderPrateek Mehta, previously a senior executive at Angel One and Myntra, has been appointed as the founding partner for South Park Commons (SPC) in India. This significant move, announced via LinkedIn on September 24, marks an exciting development in the Indian startup ecosystem.
A Seasoned Executive with a VisionWith over 15 years of experience in leadership roles…
Oister Global, a Gurugram-based investment firm, has partnered with Tribe Capital India to launch a new fund focused on secondary market transactions. This fund aims to invest $500 million over the next two years as interest in secondary private market transactions in India continues to rise.
In the past four to five years, India has seen $7.7 billion transacted in the secondary market, according…
Venture capital firm Capital A has officially launched its second fund, targeting a corpus of ₹400 crore. This new fund is set to focus on a variety of sectors, including manufacturing, deeptech, climate technology, and fintech startups. With an eye towards backing innovative technologies and transformative business models, Capital A aims to play a significant role in shaping the future of these…
z21 Ventures, a leading venture capital firm focused on early-stage technology investments, has announced the successful first close of $20 million for its $40 million Fund II. This funding round features WestBridge Capital as the anchor investor, a respected global investment firm known for its strategic approach and robust portfolio. This announcement comes swiftly after the launch of z21’s…
Engine, previously known as Hotel Engine, has secured $140 million in Series C funding led by a private equity firm advised by Permira, boosting its valuation to $2.1 billion. This marks a significant 62% increase from its prior valuation of $1.3 billion following a $65 million Series B round in late 2021.
This growth comes amid a challenging environment where many startups are facing flat or…
