Page 15 - Funding

US blocks 14 Chinese tech companies with top Silicon Valley funding

US Department of Commerce has blocked 14 Chinese tech companies, including one with funding from top US-based investment firm Sequoia Capital, over links to human rights abuses against Uyghur Muslims

Game streaming platform Loco raises $9 mn from Lumikai, Korea's Krafton

The round also saw participation by Hashed, Hiro Capital, North Base Media, Axilor Ventures, and 3one4 Capital

CommerceIQ raises $60 million from Insight Partners, others

The startup will be using the funds for international expansion and product research and development

Smart city player Quantela raises $40 mn growth capital from Digital Alpha

Bags the first outcome based project from Kerala government in India

CityMall raises $22.5 mn in funding from General Catalyst, others

Recently, the company has expanded beyond daily-use products like groceries and FMCG products, into fashion, electronics, electrical appliances, cosmetics and others.

BrowserStack closes $200-million Series B funding at a $4-billion valuation

BrowserStack on Thursday announced that it had secured $200 million in Series B funding at a $4-billion valuation

Applyboard to leverage $300-mn funding to expand India operations

Applyboard has raised $300 milli­on at an enterprise valuation of $3.2 billion led by Ontario Teachers' Pension Plan Board thro­ugh its Teachers' Innovation Platf­orm in the latest funding round

Homegrown job platform Apna raises $70 million at $570 mn valuation

Professional networking and jobs platform Apna said it has raised $70 million in Series B round led by Insight Partners and Tiger Global, taking its valuation to $570 million

Eightfold AI raises $220 mn from SoftBank Vision fund, valuation doubles

Startup doubles valuation to $2.1 billion in seven months

JM Financial PE to invest Rs 35 crore in Pune-based packaged food firm

Investment will support brand building and augmentation of firm's existing capacities; this marks closing of eighth investment by JM Financial India Fund II

SoftBank fund leads $90 mn Series-D round in SaaS startup Whatfix

Valuation of Bengaluru-based startup triples to touch $600 mn

SoftBank Group may invest $700 mn in Flipkart after exiting firm in 2018

Techy conglomerate investing in Flipkart at a time when Reliance Industries and Tata are betting big on e-commerce as well.

IPV leads early-stage funding of Rs 3 cr in music learning startup Spardha

A few US-based HNIs also participated; firm offers personalised courses, has grown 10x in past 12 months of pandemic, with over 5,000 registered users and over 1,300 paid users in India and the US

Supply chain tech startup Locus raises $50 mn from Qualcomm, Tiger Global

Series C funding led by Singapore's sovereign wealth fund GIC; Falcon Edge and a clutch of angels also participate

IIT Madras-incubated GalaxEye raises pre-seed from Speciale Invest

GalaxEye said it will use the funds to strengthen its space technology and build a "world class team" India.

Edtech startup Avishkaar raises Rs 5 crore of funding in pre-series A

Avishkaar plans to utilize the funding towards product development and further expansion of its portfolio in addition to hiring talent

Jai Kisan, startup for financial services in rural India, raises $30 mm

Jai Kisan said it will use the funds to expand in tier-2, tier-3 cities and rural parts of the country.

Tiger Global leads $30 mn investment in microblogging website Koo

Koo's valuation crossed $100 million with the new funding, says the company.

Moglix raises $120 mn in funds, joins India's growing unicorn club

Industrial business-to-business company is the fourteenth Indian company this year to reach unicorn status

Pine Labs secures $285 mn funding, unicorn firm's valuation tops $3 bn

Company offers merchants payment technology and working capital; it started as a retail solutions player in petroleum.