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Indian edtech Vedantu has acquired a majority stake in education chain Deeksha for $40 million, the latest in local online learning platforms’ growing attempts at tapping opportunities in the offline market. “When we say we are employing a hybrid strategy, we don’t mean pure offline centers.
Since launching in 2013, South African fintech Yoco has positioned itself as the go-to platform to access offline payments among merchants in the country. Today, the company is announcing $83 million in Series C funding to scale offline and online offerings and expand to new markets. Yoco has raised a total of $107 million.
Hong Kong-based events management platform EventX said today it has raised another $8 million for its Series B, lifting the total amount secured for this round to $18 million. And even if live events resume their normalcy, the company believes it can cling onto its long-running offline business.
You may be surprised to learn that multichannel donors contribute four times as often as online-only or offline-only donors. Socially-driven crowdfunding solutions equip donors to raise more money for their organization, simply by asking their family, friends, and colleagues to give to their page. Crowdfunding. Giving Tuesday.
In March 2020, Tame had a digital event suite for offline corporate events. The result is that it has now raised a seed round of $5.5 But with the pandemic hitting, it did a hard pivot into providing a highly customizable virtual events platform, primarily used by companies for their sales events.
The startup has raised $150 million, a Series D round of funding that values the company at over $1.4 The round comes less than a year after its previous round — a $65 million Series C that it raised last April.
When raising money online (or offline) you must be able to succinctly answer this question for your potential donors: Why this? The Summit offers actionable and practical insights on how to best use social media to raise awareness and raise funds even during turbulent times. 2) Make it urgent.
Shared transportation in Nigeria, Africa’s largest country by population, is a thriving business, at least when done the conventional way: offline. After years of bootstrapping, the company has raised $1.6 Despite raising just ? Having done this much with so little, why is the company raising a seed round now?
Cashfree, an Indian startup that offers a wide-range of payments services to businesses, has raised $35.3 The new round brings the startup’s to-date raise to $42 million. Setu raises $15M to help developers connect with banks to offer Indians ‘sachet-sized’ financial products.
Neon One ] 35% of those nonprofits that send email fundraising appeals raised the amount of money that they expected, 34% raised more, and 31% raised less than they expected. Direct mail was the second most preferred channel at 21%, followed by social media (17%), text messaging (8%), and phone calls (2%).
Crowdfunding helps you raise money for issues that are central to your organization and offset any costs not covered by your budget or other fundraising efforts. And because GoFundMe has a 0% platform fee , your organization will be able to keep more of the funds raised. 8) Promote your fundraiser offline.
If you want to know how to run an amazing year-end fundraising campaign (both online and offline) for your organization, check out our three part series How to Do Year-End Fundraising the Right Way. The articles in that (free) series present a clear, step-by-step plan you can use to raise more money during the final weeks of the year.
Boat, an electronics and lifestyle startup in India, has raised $100 million in a new financing round that many independent investors termed as the most successful hardware startup story in the world’s second-largest internet market. Among those that do exist, very few have been able to raise much money.
Playter has raised backing to do this, as has Hokodo, Billie and Tranch, to name a few other players. Mondu has now raised a $43 million Series A round led by U.S.-based The company has now raised $57 million to date. Berlin-based Billie has raised €138.2 has raised $5.6 Mondu will have to expand quickly.
It creates a more holistic approach to raising more awareness, increasing your reach, and raising more money for your cause. Move offline activities online. Use peer-to-peer fundraising to leverage your supporters to raise money on your behalf. You can still use this channel to do all of your usual promoting.
Zaver , a Swedish fintech that enable merchants to accept cardless payments and offer buy-now-pay-later (BNPL) as an option, has raised $5 million in new funding. for both online and offline commerce, after claiming to have found product-market-fit. Swedish fintech Zaver has raised $1.2M seed for its P2P payments platform.
Donors are most interested in giving tribute gifts as memorials (43%), birthday gifts (25%), and for religious holidays (10%) $222 is the median amount raised by one-time peer-to-peer fundraisers; $501 is the median amount raised by return fundraisers. Classy ] GivingTuesday 2023 raised $3.1 billion—only 0.6% per visitor.[
A startup that is helping these firms tackle this challenge said on Thursday it has raised $15 million in a new financing round. The five-year-old startup, which counts Blume Ventures among its early investors, has raised $42 million to date. India’s Cashify raises $12M for its second-hand smartphone business.
Danggeun Market, the publisher of South Korea’s hyperlocal community app Karrot, announced it has raised $162 million in a Series D round of funding with a valuation of $2.7 The latest funding officially makes Danggeun Market a unicorn, with $205 million total raised. By the way, Danggeun means carrot in Korean.).
AltSchool, which is now Altitude Learning) has raised $1 million in pre-seed funding to scale its efforts, said chief executive Adewale Yusuf to TechCrunch. AltSchool plans to use the investment to build its content and curriculum, technology infrastructure and community concept, where students will meet offline to network and learn together.
The startup has now raised a $3 million seed financing round led by Xploration Capital, which was joined by unnamed new strategic investors and existing investors. Jordan Latourelle, the company’s founder and CEO said: “Construction today is a largely offline, $1.2 The startup graduated from Y Combinator’s winter cohort last year.
Easy Eat AI , a Singapore-based startup that wants to “transform restaurants into technology companies,” announced today it has raised $5 million in funding. Their innovative software platform will be disruptive to the entire F&B ecosystem and how customers engage through the entire F&B lifecycle in the online-to-offline world.”.
The startup announced today it has raised a $14 million Series A led by Jungle Ventures with participation from eWTP Capital (a venture fund under Alibaba and Ant Financial) and ThinkZone Ventures. Edupia raises Series A to close the education gap in Vietnam by Catherine Shu originally published on TechCrunch.
Gurgaon-based mobile wallet service firm MobiKwik plans to raise up to $255 million in an initial public offering, becoming the latest Indian startup to explore the public markets. million online, offline and billing merchant partners, said its total income for the financial year that ended in March 2021 was about $40.5
Convertedin , an Egyptian startup that operates a marketing operating system for e-commerce brands, has raised $3 million in a seed round led by Saudi Arabia-headquartered Merak Capital. This was the main idea at this time as we saw a huge problem where there was no analytics platform for the offline store or a retargeting mechanism.”.
French startup BlaBlaCar has raised a new $115 million funding round (€97 million). Even if BlaBlaCar doesn’t go public right away (or doesn’t raise), there’s a clause with a time frame. BlaBlaCar’s total addressable market in this category is huge and the company is mostly focused on moving offline supply to its online marketplace.
German startup Dance has raised $19.4 HV Capital and BlueYard are also investing, as well as Dave Morin and James Higa from Offline Ventures, Nicolas Berggruen, Roxanne Varza and Verena Pausder. million in new funding (€16.5 The news comes just weeks after the company started rolling out its e-bike subscription service in Berlin.
For a week, it exclusively partnered with Tradeline, the largest reseller of the iPhone 13 in Egypt, so customers could only buy the phone online or offline via Sympl. El-Feky said when the company raises its next round of investment, expansion outside Egypt will be on the cards. Sympl’s launch in October was strategic.
Slice , a startup that helps independent pizzerias build an online business, has raised another $40 million in Series D funding. Why not raise more money this time? Slice, an online ordering and marketing platform for pizzerias, raises $43M. Last spring, the startup announced a $43 million Series C.
Mobile giving trends Best practices for raising more through mobile giving How mobile giving technology can help What is mobile giving? Mobile giving is raising funds through a mobile device, whether via text, the Internet, an app, or email. Pair online and offline fundraising strategies. Well cover: What is mobile giving?
With offline events now firmly moved to online for the foreseeable future, startups in the networking space had to pivot fast in the face of the pandemic. That strategy appears to have paid off as it has now raised a $13 million Series A funding round, taking its total amount raised to $14.5
Today, the startup announced it has raised a $4.5 Event discovery network IRL raises $16M Series B after refocusing on virtual events. To counter the drop in demand for offline events, we agreed to extend the contracts by six more months at no cost,” Jain said. Those were also the first to stop hosting in-person events.
Jordan-based online learning platform Abwaab has raised $20 million in a Series A funding round (following a $5 million seed round in March of this year), making it one of the most funded edtech startups in the Middle East, North Africa and Pakistan (MENAP), a region that encompasses 160 million students.
In years past their annual Duradash fundraiser raised about $5000 when through their event. Let’s take a look at how they raised 6x more with their event: Background On Spinal CSF Leak Foundation. 40 amazing fundraisers signed on to help raise money, with one super-volunteer raising over $13,000 by herself.
And while terminals have different providers (banks and fintechs) and functionalities, they primarily operate online with j ust a handful of them having offline capabilities too. Lagos- and Helsinki-based ZirooPay , one such provider, has raised an $11.4 million Series A round led by Lagos-based VC fund Zrosk Investment Management.
Three-month-old GlobalBees said on Monday it has raised $150 million in a Series A financing round led by FirstCry. Even with a $75 million equity raise, Monday’s announcement makes GlobalBees ’ round the largest Series A funding in India. New York-headquartered Thrasio, which has raised over $1.3
The startup, which says it is the country’s largest direct-to-consumer insurance marketplace, announced today it has raised a $9 million Series A. The new funding brings its total raised to $12 million. Qoala raises $13.5M Indian online insurer PolicyBazaar files for IPO, seeks to raise over $800 million.
French startup Wecasa has raised a $17.7 There’s also a huge market opportunity as a lot of recommendations for a baby-sitter or a housekeeper still happen offline — there will be room for multiple marketplaces. million funding round (€15 million). The company has been building a marketplace for home care and wellness.
One company working to serve that need, Socure — which uses AI and machine learning to verify identities — announced Tuesday that it has raised $100 million in a Series D funding round at a $1.3 billion valuation. Given how much of our lives have shifted online, it’s no surprise that the U.S. Which neobanks will rise or fall?
Startups digitizing B2B e-commerce and retail in Africa continue to grab the headlines after the pandemic paved the way for widespread offline retail and commerce disruption. The Series B funding is coming almost eighteen months after raising $10 million co-led by Partech Africa and the International Finance Corporation (IFC).
The new capital raise is roughly equivalent to all the capital that Afero raised prior to its latest round, per Crunchbase data , implying that the startup now has more cash on hand than at any point prior. Why raise now? There’s a lot more going on than merely the liquidity point of one of its players, it turns out.
VU’s technology takes a person’s “online persona” and uses geolocation, biometrics and user behavior analysis to provide identity verification for users and enable a continuous authentication process that sees and connects the users’ online and offline personas. billion valuation.
The Bangalore-headquartered firm said on Thursday it has raised $570 million in its Series F financing round, following a $300 million Series E in April when it was valued at $2.1 Fidelity and B Capital Group co-led the new financing round, bringing the startup’s all-time raise to over $1 billion. Image Credits: Bernstein).
” Peek has now raised more than $100 million in the last 10 years. “People underestimate what happened in offline. But offline businesses were faced with needing to suddenly make what she calls “a 10-year leap” to catch up. Peek was also not immune.
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