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DeHaat raises $115 million in the largest agritech round in India

TechCrunch

DeHaat, an online platform that offers full-stack agricultural services to farmers in India , has raised $115 million in what is the largest funding round for an agritech startup in India, where farm produce yields two-thirds of the country’s $1 trillion in annual retail spending.

India 109
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Tiger Global says India returns have ‘sucked historically’ but remains bullish

TechCrunch

“We think it will be the best place to invest,” said Shleifer of India at his rare appearance. “We think it will be the best place to invest,” said Shleifer of India at his rare appearance. ” Both the firms raised capital in their most recent rounds at over $2.5 billion valuation.

India 90
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Rupifi raises $25 million for its B2B payments platform in India

TechCrunch

Rupifi has raised $25 million in a new financing round as the Indian startup, which currently provides buy now, pay later service to several marketplaces to serve their merchants, looks to expand its business-to-business payments offerings. “We understand that globally B2B payments are broken and largely manual.

India 100
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Tiger Global invests in India’s Unacademy at $2 billion valuation

TechCrunch

Unacademy, an online learning platform in India, has added two more marquee investors to its cap table. The Bangalore-based startup, which focuses on K-12 online education, said on Wednesday it has raised new funds from Tiger Global Management and Dragoneer Investment Group. billion in September , when SoftBank led the round.

Global 118
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Cashify raises $15 million for its second-hand smartphone business in India

TechCrunch

Tens of millions of people each year purchase a second-hand smartphone in India, the world’s second-largest market. A startup that is helping these firms tackle this challenge said on Thursday it has raised $15 million in a new financing round. In fact, Cashify says it’s the market leader in its category in India.

India 105
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Video creation and editing platform InVideo raises $15 million

TechCrunch

InVideo, a Mumbai-based startup that has built a video creation and editing platform, has raised $15 million as it looks to court more users and customers worldwide. InVideo ’s $15 million Series A financing round was led by Sequoia Capital India. Tiger Global, Hummingbird, RTP Global and Base also participated in the round.

Platform 145
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Sequoia India-backed GoMechanic faces severe trouble

TechCrunch

GoMechanic has laid off a significant number of its workforce as the Sequoia India-backed startup struggles to raise funds amid serious concerns of accounting troubles, a source familiar with the matter told TechCrunch. The startup later engaged with a number of investors including Malaysia’s Khazanah to raise a large round.

India 98