Page 16 - Funding

Rubix Data Science raises Rs 6.2 crore from Cactus Venture, others

Proceeds will be invested in enhancing technology and analytics capabilities of the Rubix Automated Risk Management and Monitoring System (ARMS) platform

Blockchain Crypto Mining Start-up ArGo Raises USD 1.3 Million in Seed Funding

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FMCG startup AnKa SumMor raises Rs 3 cr in pre-Series A round led by IPV

AnKa SumMor works with FMCG brands to help them scale up their businesses rapidly

Discounting platform M1xchange raises $10mn funding from Amazon, others

TReDS platform M1xchange on Thursday said it has raised USD 10 million in funding, led by e-commerce major Amazon.

Mohalla Tech, parent company of ShareChat & Moj, raises $502 million

ShareChat will use the latest fund to expand in India and the US, and strengthen its artificial-intelligence powered recommendation engine, platform health and creator community

India's E-pharmacy segment mints its first unicorn, raises $350 million

The firm is already raising its next round at a valuation of about $1.8 billion, the person said, wishing to remain anonymous as the fresh round is still underway

KKR completes $15 bn Asia fund, says it has 'tremendous potential'

The firm said in January it had completed its inaugural pan-regional infrastructure and real estate funds: the US$3.9 billion Asia Pacific Infrastructure Investors Fund and US$1.7 billion Asia Real Es

Video startup Chingari raises $13 mn, plans 100 mn users in 6 months

Homegrown Chingari said it will use the funds to grow from 56 million users to over 100 million in two quarters, enhance its content, and hire talent

Gaja Capital to raise $400 mn for new fund, IFC planning to commit $25 mn

The fund is domiciled in India and will look to make equity investments in India

EPFO's accounting needs transparency jab

The EPFO is larger than four of the largest mutual funds put together, yet it has opaque accounting practices with no portfolio disclosure even at year-end

Zomato raises Rs 1,800 crore in new funding round from five investors

The new valuation marks an increase from $3.9 billion valuation of Zomato in December

Indian Bank, IISc-run society join hands to fund start-ups and MSME

Society for Innovation and Development (SID) will identify start-ups and MSMEs based on their credentials and refer the list of such members that require financial assistance to the bank

Pepperfry secures Rs 35 crore in fresh funding from InnoVen Capital

This is the third investment by InnoVen Capital in Pepperfry since 2017

Indian impact cos see fall in investments in 2020 amid pandemic: Report

Indian impact enterprises, which have a positive effect on society, received $2.6 billion in equity investments from dedicated investors in 2020

BharatPe raises Rs 786 crore in Series D funding at Rs 6,552 cr valuation

The company has raised $90 million (over 655 crore) in primary fund raise, and ensured secondary exit for its angel investors and employees for a total amount of $18 million (nearly Rs 131 crore)

Blackstone-backed dating app Bumble raises $2.2 billion in US IPO

The IPO gave the Austin, Texas-based company a market capitalization of more than $7 billion

Manufacturing startup Zetwerk raises $120 mn to scale global operations

Its global network includes over 250 customers and more than 2,000 suppliers spread across 15 countries in North America, Asia-Pacific and West Asia

Falling cash flow: AirAsia Group to raise $113 mn via private placement

AirAsia said it will continue to explore other fundraising options or corporate proposals to improve the group's financial performance in the longer term

SucSEED Indovation announces first closure of maiden Rs 100 cr fund

Indovation Fund has identified three startups Stargate, Auris, and Freestand for investment and has signed term sheets

Embassy Reit raises Rs 3,680 cr to fund acquisition of Embassy Tech Village

Listed in April 2019, Embassy Reit owns and operates a 33.3 million square feet portfolio