B2B SaaS Fintech Zaggle Raises Rs 50 Cr Debt Funding From Vivriti
Zaggle, a B2B SaaS fintech that filed preliminary documents for an initial public offering late last year, has raised Rs 50 crore in debt funding from Vivriti Asset Management. As per the startup, the raised funds will be used to expand its products, including its recently released accounts payable platform […]
Garuda Aerospace Raises $22 Mn In Series A Funding Round
Garuda Aerospace, a Chennai-based drone startup, has raised $22 million (around Rs 182 crore) in a Series A funding round led by early-stage venture capital company SphitiCap. The round, which valued the startup at $250 million, also saw participation from other global investors, angel investors and high net-worth individuals (HNIs). […]
Equity Management Platform Qapita Raises $15M In Series A Funding
Equity management platform Qapita has raised $15 million in a Series A round co-led by East Ventures (Growth Fund) and Vulcan Capital. The funding round also saw participation from NYCA and other existing investors, including MassMutual Ventures and Endiya Partners. Several existing angel investors across India, Singapore, and Indonesia, including K3 […]
AI Based Sales Tech Startup Salesken Raises $8 Million In Funding
Salesken has raised $8 Million in Series A funding from Sequoia India. Salesken is an AI-based conversational intelligence sales tech startup that was started in 2018 by Surga Thilakan, Sreeraman Vaidyanathan, and Vaibhav Verma. As per the company, it will use the funds to enhance its platform and expand into […]
Udemy raises $50 Million (Rs. 360.05 Crore) in funding from Benesse Holdings
Udemy, an online learning platform has raised $50 Million (Rs. 360.05 Crore) in funding from a single investor, Benesse Holdings. The funding deal values Udemy at a US $2 billion pre-money valuation and as per company statement, The company plans to further invest in markets around the world and will expand […]
Ed-tech Startup Vedantu has raised US$24 Million (INR 171.33 Cr) from GGV Capital
Ed-tech Startup Vedantu has raised US$24 Million (INR 171.33 Cr) in a Series C funding round led by investment firm GGV Capital. Founded in 2011, Vedantu is planning to use this funding to invest in brand leadership. They are also planning to expand into new categories like tutoring for students […]
Coding Ninjas gets funding of $5.2 Million (INR 37.10 Cr) from Info Edge
Founded in 2016 by Singla, Kannu Mittal, and Dhawal Parate, ed-tech startup Coding Ninjas has raised INR 37.10 Cr ($5.2 Million) in a Series A funding from Info Edge. The money will be used to scale operations and hire new professionals in tech and content teams. And also, the money […]
Xiaomi invests $5.9 Million in WorkIndia
Xiaomi has invested $5.9 Million in a Mumbai-based online recruitment platform, WorkIndia (on February 10). For those who don’t know, WorkIndia is an online recruitment platform that enables blue-collar workers to find a job based on their skills. According to Kunal Patil, founder of WorkIndia, the money will be used to grow […]
Funding News: Fleetx raises $2.8 Million in Series A funding round
Founded in 2017, Fleetx.io has raised $2.8 Million ( Rs. 19.91 Cr ) in a Series A funding round led by Singapore-based Beenext, alongside existing investor India Quotient. This Gurugram-based fleet management platform help fleets to observe and optimize their daily logistics operations. Fleetx uses AI and predictive analytics to help […]
HDFC will invest Rs.100 Cr ($14 Million) in Tech Startups every year
HDFC said they will invest up to INR 100 Cr per year in startups in the tech sector. HDFC Chairman Deepak Parekh said that the working will start in 2 months