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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. Some of these customers are white-labeling InVideo platform to their own clients. InVideo ’s $15 million Series A financing round was led by Sequoia Capital India.
Nearly all post-harvest interventions that exist in India today are focused largely toward major agriculture centres such as Kota in the northern Indian state of Rajasthan and Azadpur Mandi in capital New Delhi, explained Prasanna Rao, co-founder and chief executive of Arya, in an interview with TechCrunch.
The new investment, especially from high-profile global investors, shows the appetite many have for the buy now, pay later space, a category that has made deep inroads globally in recent years, and their bullishness on young firms in India. Is India’s BNPL 2.0 set to disrupt B2B?
Darwinbox, which operates a cloud-based human resource management platform, has raised $15 million in a new financing round as the Indian startup looks to further expand in the country and Southeast Asian markets. “In HR tech and SaaS space, we are now only behind SAP and Oracle in India in terms of revenue,” he said.
Jio Platforms, the biggest telecom operator in India and which has raised over $20 billion from Facebook, Google and other high-profile investors this year, is leading a financing round of a San Francisco-based startup that develops augmented reality mobile games. billion in India’s Reliance Jio Platforms.
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.
Sequoia Capital India led the San Francisco and Bangalore-headquartered startup’s $30 million Series B round. Firms, with so many divisions such as marketing, engineering and design, engage with numerous services and platforms for their business. One of the additional value prepositions of Hevo is that it’s a no-code platform.
On Wednesday it announced its acceptance by the market has helped it raise $70 million in a new financing round as the startup prepares to scale the 16-month-old app across India. The app also offers people the opportunity to upskill themselves, practice with their interview performance, and become eligible for even more jobs.
Tens of millions of people each year purchase a second-hand smartphone in India, the world’s second-largest market. Cashify operates an eponymous platform — both online and physical stores and kiosks — for users to sell and buy used smartphones, tablets, smartwatches, laptops, desktops and gaming consoles.
Andreessen Horowitz and Coinbase Ventures have minted a new unicorn in India: CoinSwitch Kuber. This is a16z’s first investment in India. Existing investors Tiger Global and Sequoia Capital India also participated in the new round, which is also the largest for a cryptocurrency startup in India.
Some of its customers include financial services startup Cred, online grocer BigBasket, food delivery platform Zomato, insurers HDFC Ergo and Acko and travel ticketing service provider Ixigo. The startup works with several banks and also offers integrations with platforms such as Shopify, PayPal and Amazon Pay.
Undergirding their strong conviction is a bet that India and Indonesia and other markets in South Asia will double and triple their GDPs in the next 10 to 15 years, and the public markets and tech companies stand to take a significantly broader role in that surge. The combined market cap of top-five tech companies in the U.S.
How big is the market in India for a neobank aimed at teenagers? General Catalyst, Rocketship VC, Greenoaks Capital and existing investors Sequoia Capital India, Y Combinator, Global Founders Capital and Venture Highway also participated in the new round, which brings FamPay’s to-date raise to $42.7 Unlike in the U.S.,
San Francisco-based Postman, which operates a collaborative platform for developers to help them build, design, test and iterate their APIs, said on Wednesday it has raised $225 million in a new financing round that values it at $5.6 API platform Postman delivers $150M Series C on $2B valuation. Postman API platform’s offerings.
One Impression, an Indian influencer marketing platform that does business in markets including Indonesia, Dubai, Europe and the U.S., The Gurugram-based startup is building an Amazon-like platform to help brands quickly find relevant influencers for their marketing campaigns.
UrbanPiper, a restaurant management platform that processes 18% of all online food orders in India, has raised $24 million in a new financing round from a number of investors including Swiggy and Zomato, the three firms said Monday. UrbanPiper has also expanded to seven nations outside of India, including some in MENA and EU regions.
A startup that began its journey in India 15 years ago helping businesses reach and engage with users through texts said on Thursday it has attained the unicorn status and is also profitable. Tens of millions of users in India, including yours truly, remember Gupshup for a different reason, however.
Online learning platform Vedantu has raised $100 million in a new financing round and has become the latest Indian startup to become a unicorn following a year of strong growth. That paying subscriber figure should more than double this year, said Vamsi Krishna, co-founder and chief executive of Vedantu, in an interview with TechCrunch.
Arzooo, an Indian startup that is attempting to bring the “best of e-commerce” to physical stores, has raised $70 million in a new financing round as it looks to scale its retail platform across the South Asian market. They power 75% of all consumer durable purchases in India, said Khan. Image Credits: Arzooo.
Appier ’s initial public offering on the Tokyo Stock Exchange yesterday was a milestone not only for the company, but also Sequoia Capital India, one of its earliest investors. Founded in Taiwan, Appier was the fund’s first investment outside of India, and is now also the first company in its portfolio outside of India to go public.
As remote work continues to solidify its place as a critical aspect of how businesses exist these days, a startup that has built a platform to help companies source and bring on one specific category of remote employees — engineers — is taking on some more funding to meet demand. Salaries have skyrocketed,” he said.
Unacademy, an online learning platform in India, has added two more marquee investors to its cap table. In recent months, the startup has held several online interviews of high-profile individuals, such as Indian politician Shashi Tharoor, on a range of topics, which has expanded its appeal beyond its student base.
(Google caught wind of this recently, and last month removed hundreds of such apps from the Play Store in India. Google cracks down on personal loan apps in India following abuse and outcry. Gold jewelry is a show of strength and pride in India, and families pass on their reserve to future generations. Then there’s gold.
The company is not disclosing its exact valuation but Vivek Ravisankar, the CEO who co-founded the company with Hari Karunanidhi, said in an interview that it was around $500 million. It eventually became the first startup out of India to join Y Combinator, and it was actually also a Battlefield contender in 2012.
CM Ventures, and existing investors Better Capital, which first invested in Teachmint before the startup had even registered itself, and Lightspeed India Partners also participated in the new round, which brings the Indian startup’s to-date raise to $20 million.
On a clear afternoon, Laxmi (name changed) was sitting in her office in Gujarat, India, when she received a message from her distant relative, saying that they received some of her “morphed” nude photos from multiple phone numbers on WhatsApp along with a text that reads, “loan thief.”
OfficeBanao, an Indian startup offering a workspace interiors platform to businesses in the country, has raised $6 million in seed funding led by Lightspeed. It also leverages platforms such as LinkedIn and Instagram to attract new customers in different markets. The startup was all bootstrapped until now.
He then headed the Android-maker’s Next Billion Users initiative that made products such as Google Pay in India to serve and onboard the next wave of internet users. Arta is building the “digital family office for the world,” said Sengupta in an interview with TechCrunch. Now, he is ready to share what they have been up to.
HR tech platform Darwinbox has more than tripled its valuation to become a unicorn in a new $72 million funding round as the Indian startup leads what an investor calls the “SaaSification of Asia” trend. Darwinbox operates a cloud-based human resource management platform. The new funding follows a year of strong growth for Darwinbox.
Tabby , the Dubai-based buy now, pay later (BNPL) platform that lets users shop, pay later and earn cash from over 3,000 global brands, including Adidas, IKEA and Bloomingdale, has completed a Series B extension of $54 million. Sequoia Capital India and STV co-led this extension round (STV co-led the first Series B round).
The eponymous platform integrates with all popular payroll platforms in the U.S., Each dollar spent using the platform gives customers access to a token. The startup, based in India, is part of a growing wave of fintech and software firms in the South Asian nation that are increasingly building for the global markets. .
Exotel said on Tuesday it has raised $40 million in a financing round, just three months after securing $35 million in funding, as the Bangalore-based startup demonstrates growth for its full-stack customer engagement platform in emerging markets. Indian ride-hailing giant Ola uses Exotel’s platform to send text messages to its customers.
A startup by an Apple alum that has become home to millions of low-skilled workers in India said on Tuesday it has raised an additional $12.5 One-year-old Apna said Sequoia Capital India and Greenoaks Capital led the $12.5 Existing investors Lightspeed India and Rocketship VC also participated in the round.
A 22-month-old startup that is helping millions of blue- and gray-collar workers in India learn new skills and find jobs has become the youngest firm to join the coveted unicorn status in the world’s second-largest internet market. Apna has built a platform that provides a community to these workers. Image Credits: Apna.
million in a round co-led by Sequoia Capital India and Flourish Ventures. Like its neighboring nation, India, more than 95% of all retail in Bangladesh goes through neighborhood stores in the country. It has built what it calls a full-stack business-to-business commerce platform. in an interview with TechCrunch.
Sequoia Capital India led the San Francisco-headquartered startup’s Series B funding, which included some secondary shares purchase, the two said. billion funds earlier this year for India and Southeast Asia , has invested $19.3 About 80% of the startup’s current workforce is in India, with rest spread over the U.S.,
American Family Ventures, MassMutual Ventures and SIG; existing investors Blume Ventures, Sequoia Capital India, Nexus Venture Partners, Dream Incubator and Trifecta Capital also participated in the round, which brings Turtlemint’s total to-date raise to $55 million. Only a fraction of India’s 1.3 million customers.
Foxconns EV platform unit, Mobility in Harmony (MIH), is eyeing India or Thailand as a potential location for producing a small battery-powered car currently under development, according to Jack Cheng, the CEO of MIH.
Headquartered in New York and Bengaluru, Zenskar is building a platform for SaaS companies to generate bills for their complex pricing plans — whether they are based on usage-based pricing, subscriptions, nuanced discounts, credits, custom currencies, prepaid or ramp deals. The startup targets the U.S.
The title, PUBG Mobile, amassed over 50 million monthly active users in India, becoming the most popular mobile game in the country, until it landed on the list of apps New Delhi ordered to block over national security concerns. Krafton’s investments in India so far. Krafton’s India team (Image credits: Krafton India).
Despite e-commerce firms Amazon and Walmart and others pouring billions of dollars into India, offline retail still commands more than 95% of all sales in the world’s second largest internet market. The one-year-old startup operates a platform to leverage the warehouses across the country. And it has just raised a $1.65
Once overlooked, agritech startups are beginning to have a moment in India. On Tuesday, DeHaat , an online platform that offers full-stack agricultural services to farmers, said it has raised $30 million in a new financing round as the Indian firm looks to maintain its accelerated growth despite the pandemic.
In an interview with TechCrunch, Shah said that about 10% of CRED’s cap table is currently allocated to employees, and those who held vested stocks were eligible to sell up to 50% of their shares back to the startup in its first ESOP liquidity program. million in the past year, or about 20% of the credit card holder base in India. .”
Industry veteran Jitendra Gupta’s neobank for consumers in India — Jupiter — has raised $45 million in a new financing round as the Bangalore and Mumbai-based startup gears up for its platform’s public launch in about a month. Jupiter has built a neobank for consumers in India. Image Credits: Jupiter.
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