Tag Archives: round

Top 10 funding deals bagged by Chennai startups amidst lockdown

The capital of Tamil Nadu has actually seen substantial development in the variety of start-ups and the start-up culture over the last number of years. The existence of numerous coach organisations like &#xA 0; TiE &#xA 0;( The Indus Entrepreneurs), &#xA 0; CIIE &#xA 0; Startupreneurs, IIT Alumni Clubs, and &#xA 0; Nasscom &#x 2019; s Million Dollar […]

[Funding alert] Innoviti Payment Solutions raises Series C round from FMO, Bessemer Venture Partners

Innoviti, a business payments option company, has actually raised a concealed financing in Series C round. The financing round was led by Netherlands-based FMO: Entrepreneurial Development Bank and US-based Bessemer Venture Partners. The business, which was begun in 2002, stated it will utilize this financial investment to establish brand-new services, market growth, and intends to […]

[Funding alert] Insurtech startup Riskcovry raises pre-Series A round led by Bharat Inclusion Seed Fund

Mumbai-based Insurtech start-up, Riskcovry, on Thursday revealed that it has actually raised a concealed quantity in its pre-Series A round from Bharat Inclusion Seed Fund, Varanium Capital, and Better Capital. Saras Agarwal, Principal at Bharat Inclusion Seed Fund, stated, &#xA 0; &#x 201C; Riskcovry brings a fresh method to digital circulation for the insurance coverage market. […]

[Weekly funding roundup] Startups raise $62 million across 12 deals

Startups in India raised $62 million in financing, crossing 12 offers, in the very first week of April. The quantity was relatively affordable, thinking about the extremely depressed belief in the time of coronavirus. In contrast to the previous week, when the start-up environment raised $133 million, it was definitely a decrease. In the previous […]

[Funding alert] Online pharma startup 1mg raises Rs 71 Cr from Bill and Melinda Gates Foundation

Gurguram-based health care start-up 1mg has actually raised an overall of $10 million in an endeavor round from the Bill and Melinda Gates Foundation. As part of the offer, the structure was allocated Class 5 Compulsorily Convertible Preference Shares (CCPS) with the premium quantity topped at Rs 34,317.87 per share. According to the business'’s regulative […]

[Funding alert] Oikocredit leads Rs 36 Cr Series A round in fintech platform Kaleidofin

Chennai-based neobank start-up for the casual sector client, Kaleidofin, on Thursday revealed it has actually raised Rs 36 crore in Series A round led by Oikocredit, an effect financier with 4 years of experience in monetary addition. &#xA 0; Existing financiers Flourish, a Silicon Valley-based endeavor company backing monetary health options worldwide, and Omidyar Network India, […]