Page 11 - Fundings
Glance in talks with US, Japanese investors to raise $200-250 million
Glance, positioned as a subsidiary of InMobi, has so far raised one round of $45 million from Mithril Capital
 "Glance in talks with US, Japanese investors to raise $200-250 million")
Mobility firm Yulu raises $3.9 mn in equity funding round led by Rocketship
So far, the Bengaluru-based start-up has raised more than $20 million in funding from investors like Bajaj Auto, Blume Ventures, 3one4 Capital, Wavemaker, and now US-based Rocketship, among others
 "Mobility firm Yulu raises $3.9 mn in equity funding round led by Rocketship")
Programming paltform Postman secures $150 mn funding by Insight Partners
More than 11 million users around the world use Postman to streamline collaboration and simplify each step associated with building APIs
 "Programming paltform Postman secures $150 mn funding by Insight Partners")
Start-ups looking to tap into venture debt, avoid large funding rounds
Most start-ups are also not expecting to get the right valuation at this time, as the lockdown imposed to curb the virus' spread has severely disrupted business
 "Start-ups looking to tap into venture debt, avoid large funding rounds")
Space technology startup VestaSpace raises $10 mn from Next Capital LLC
The firm is capable of building small satellite platforms for applications such as communications and earth observation missions, among others
 "Space technology startup VestaSpace raises $10 mn from Next Capital LLC")
We regret US decision to halt WHO funding: Tedros Adhanom Ghebreyesus
He said, the United States of America has been a longstanding and generous friend to WHO, and we hope it will continue to be so
We regret US decision to halt WHO funding: Tedros Adhanom Ghebreyesus
He said, the United States of America has been a longstanding and generous friend to WHO, and we hope it will continue to be so
 "We regret US decision to halt WHO funding: Tedros Adhanom Ghebreyesus")
ADB triples financial aid for members to $20 billion to fight virus
The Asian Development Bank said it has also approved measures to streamline its operations for quicker and more flexible delivery of assistance
 "ADB triples financial aid for members to $20 billion to fight virus")
Coronavirus impact: Early funding of start-ups may hit a stumbling block
This comes as seed investments in India during the January-March quarter, which was hit by the lowest level in five quarters
 "Coronavirus impact: Early funding of start-ups may hit a stumbling block")
Tiger Global-backed Vedantu raises $24 million in extended Series C round
Vedantu plans to expand into newer categories with fresh funding
 "Tiger Global-backed Vedantu raises $24 million in extended Series C round")
Indian agri-tech start-ups got $248-mn funding in 2019, says Nasscom
The report said there has been a 1.7-times increase in average farmer income in last decade
 "Indian agri-tech start-ups got $248-mn funding in 2019, says Nasscom")
Epiq Capital makes first 3 investments in Lenskart, Mswipe and NestAway
The investments in Lenskart, Mswipe and NestAway reflect our core strategy and philosophy, says Rishi Navani of Epiq Capital
 "Epiq Capital makes first 3 investments in Lenskart, Mswipe and NestAway")
