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rali_cap gets backing from global VCs and launches $30M fintech fund for emerging markets

TechCrunch

Rali_cap , an early-stage venture capital firm focused on emerging markets fintech, has launched a $30 million fund. Last month, the firm, formerly known as Rally Cap Ventures, reached its first close of $20 million (its initial target) before increasing the fund size, signaling a strong LP appetite. About 40% are based in the U.S.,

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Zambian card issuing startup Union54 raises $12M led by Tiger Global

TechCrunch

Zambian card issuing fintech Union54 has raised $12 million in a seed extension round led by Tiger Global. What this is telling us is that there’s very much real interest in the number of people who want to have debit cards and this is not going to stop anytime soon,” Mlambo said in an interview.

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Tiger Global-led $100M investment makes Apna India’s fastest unicorn

TechCrunch

Apna announced on Thursday that it has raised $100 million in a round led by Tiger Global. TechCrunch reported last month that Tiger Global, an existing investor in Apna, was in talks to lead a $100 million financing round in the startup at the unicorn valuation. ” Tiger Global goes super aggressive in India.

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India’s Spinny valued at over $1.75 billion in $280 million funding

TechCrunch

The round, which is co-led by Tiger Global and Abu Dhabi Growth Fund, values Spinny at over $1.75 This is the third funding round raised by Spinny this year. Indian news outlet Entrackr first reported about the funding round. billion post-money, the source said.

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Color raises $167 million funding at $1.5 billion valuation to expand ‘last mile’ of US health infrastructure

TechCrunch

Healthcare startup Color has raised a sizable $167 million in Series D funding round, at a valuation of $1.5 This latest investment into Color was led by General Catalyst, and by funds invested by T. Rowe Price, along with participation from Viking Global investors as well as others.

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AI startup Eightfold valued at $2.1B in SoftBank-led $220M funding

TechCrunch

SoftBank Vision Fund 2 led the Series E round of the five-year-old startup, which is now valued at $2.1 billion, up from $1 billion in Series E last October, Eightfold AI founder and chief executive Ashutosh Garg told TechCrunch in an interview. Recruiting remains a big global problem and an untapped opportunity.

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Hack VC raises $200M fund to back early-stage crypto startups

TechCrunch

The investors behind virtual hack.summit() , the world’s largest blockchain programmer event, have launched a $200 million crypto seed fund under the Hack VC umbrella, fund partner Alex Pack told TechCrunch in an interview. It used to be that we had to send each other deals, otherwise, our companies would go bankrupt.

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