raises Archive

Huddly raises $10 million in 10 days in oversubscribed Series B round

Oslo, Norway, April 25, 2017 — Huddly, the startup that’s building a computer-vision software platform for video collaboration, has raised $10 million in new equity in the recently oversubscribed Series B investment round. The equity issue was led by existing lead investors and a selected number of new high-quality private and institutional investors, bringing the

Bengaluru based education services provider iNurture raises ₹10 crs venture debt from BlackSoil Capital

Mumbai, 26th April 2017: Backed by Ascent Capital, Bertelsmann and GVFL, higher education solutions provider iNurture Education Solutions Pvt. Ltd., raised ₹10 Crores Venture Debt from Mumbai based specialized financing NBFC firm BlackSoil Capital Private Limited. The Bangalore based company was started in 2008 and is now engaged in designing and delivering new age innovative,

Indian Edtech player Eruditus raises $8 Million from Bertelsmann

Plans to deepen IVY League partnerships and grow global footprint Mumbai— March 31, 2017 — Eruditus Executive Education (“Eruditus”), the provider of high quality executive education programmes, today announced that it has raised $8 million (INR 52.36 crore) in its Series B round from Bertelsmann India Investments (BII). The company had earlier raised an undisclosed

CASHe Raises Rs 25 crore in Series A Funding; Appoints Dr. Pulak Ghosh & Mathew Cyriac to its Board of Directors

  Finalizes Rs 25 crore in Series A funding from investor group led by Mr. Mathew Cyriac and advised by Florintree Advisors. Mr. Cyriac will join the Board of CASHe as an Investor Director. Dr. Pulak Ghosh, renowned data scientist and professor of Quantitative Analysis at IIM (B) appointed as an independent director Mumbai: April

Suryoday Small Finance Bank Raises Around INR 160 Crores, Net-Worth Crosses INR 500 Crores

Mumbai, March 2, 2017: Suryoday Small Finance Bank Limited, headquartered in Navi Mumbai, has successfully raised INR 158 crores through series of capital raise during February 2017. The Company completed INR 100 crores of rights issuance and subsequently, raised INR 58 crores through private placement. With this, the revised net-worth of the Company stands at

Truebil raises $3 million in follow-on Series A funding round from Chinese Venture Capital Fund Shunwei Capital

Shunwei Capital chooses Truebil to make its maiden investment in India Truebil had previously raised $5.5M (INR 35 crore) in Series A funding and plans leverage the freshly acquired capital to intensify its expansion and strengthen its technological infrastructure   Mumbai, 16th February, 2017: Truebil, India’s only curated, authentic and verified marketplace for pre-owned cars has successfully concluded its

CarTrade raises US$55 million to drive growth in online automobile classifieds

Mumbai, February 8th 2017: CarTrade, India’s leading online automobile classifieds platform, has raised USD 55 million led by Temasek, an investment company based in Singapore, alongside a large US family office. This injection of capital will be used to support CarTrade’s growth plans through acquisitions, expansion into new areas such as auto finance and to

Math learning startup Cuemath raises $15 million from CapitalG and Sequoia India

Math learning startup Cuemath has raised $15 million in its Series B round of funding from CapitalG and Sequoia India. CapitalG (formerly known as Google Capital), the growth equity investment fund of Alphabet (Google’s parent company), led this round of funding. When asked about the rationale behind this investment, Kaushik Anand, CapitalG’s Head of India

Lock screen platform, SLIDE App raises $3.6M in Series A funding round led by Songhyun Investment

1st December 2016:  SlideApp , a lock screen app that awards Android users for reading content, today announced its series A round of funding worth 3.6 million USD. The funding was led by Songhyun Investment, a leading South Korean VC firm. The app had previously raised $1.2 Million USD as seed funding. The app, which is

GolfLAN, Asia’s first online golf aggregation platform raises $1 mn from YourNest and Africa’s iSON Group

  Funds to fuel expansion in South East Asia and Africa, while strengthening position in the Middle East.   GolfLAN aggregates over 1000 golf courses across 40 countries where golfers from anywhere in the world can book tee apart from finding golf equipment and trainers.   Bangalore, November 10, 2016: GolfLAN, Asia’s first online golf