June 24, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments
Vernacular interactive entertainment platform WinZO has acquired Upskillz Games, a Gurugram-based casual game development studio. The all-cash deal saw WinZO acquiring a majority stake in the studio for an undisclosed amount. This deal shortly follows a recent announcement of WinZO making investments in other game development studios, namely Bengaluru-based Bombay Play, UK-based Village Studio and […]
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Spry raises $7 Mn in fresh round
June 25, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments
Healthtech startup Spry has raised $7 million in a new round from Eight Roads Ventures with participation from F-Prime Capital and existing investor Together Fund. The startup has raised over $10 million to date. The firm will use the capital to build practice management for physical rehabilitation. Founded in 2021 by Brijraj Bhuptani, and Riyaz […]
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Lumikai Fund leads $1.25 Mn seed round in CloudFeather Games
June 25, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments
CloudFeather Games, a real money gaming platform, has raised $1.25 million in its seed round led by Lumikai. Venture Highway and angels including Maninder Gulati (Global Chief Strategy Officer, OYO) and Manish Agrawal (CEO, Nazara Technologies) also participated in the round. The firm will use the seed funding to increase hiring. Started by Romi Chandra […]
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SATYA MicroCapital raises $15M led by Japan-based Gojo and Company Inc
June 25, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments
Delhi-based Satya MicroCapital Limited, a micro-finance firm focused on underbanked population and micro-enterprises, recently raised fresh funding worth $15 million led by existing Japan-based investor Gojo and Company Inc. Of the total capital raised, debt raise constituted $8 million, while $7 million was allocated to equity. SATYA said it plans to use these funds to […]
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Microfinance lender Annapurna Finance raises $15M from Proparco
June 25, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments
Bhubaneshwar-based micro finance lender Annapurna Finance has raised $15 million from Proparco, private-sector financing arm of French Development Agency (AFD), in a Series A2 funding round. This is the fourth capital raise by Annapurna in the last 15 months, taking the total capital infusion to $100 million. In March 2021, the company had raised $30 […]
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Evinced pushes companies to accelerate accessibility with its dev tools, scoring $38M investment
June 25, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments
Evinced is on a mission to make as many web properties accessible as possible, and to do that means getting that work done as early as possible — which means integrating with the development process from the beginning. The company is continuing this “shift left” mentality with $38 million in new funding that it plans […]
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ConductorOne is bringing automation to identity and access management with $15M investment
June 25, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments
The founders of ConductorOne, an identity and access control startup, both came from Okta, which is itself a single sign-on vendor based on the zero trust model. In fact, they were in charge of authentication and zero-trust products and saw firsthand how companies were struggling to control permissions and access across a complex environment that […]
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UK-based Playter closes $55M round for its BNPL platform aimed at SMEs
June 25, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments
Europe has no shortage of buy now, pay later startups and a quick search is revealing. Berlin-based fintech startup Mondu has taken in €39.9 million to expand its B2B BNPL solution. Madrid’s RITMO scored over €184 million. Tranch in the U.K. is launching BNPL to a B2B market with €4 million. Berlin-based Billie raised about […]
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Paris-based Breega closes €250M fund, opens Barcelona office to back Iberian startups
June 25, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments
Paris-originated VC Breega wasn’t enormously well known in the VC world (it only closed its first fund in 2015) until, perhaps, it started attracting attention with its second €110 million seed fund, just under a year go. It’s portfolio now includes a number of scaleups including Moneybox, Cuvva, Coverflex and Libeo. Perhaps part of its […]
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FIXCRAFT acquires spares brand VMotive of Vogo
June 24, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments
FIXCRAFT, a car repair and service start-up, has acquired VMotive, an automotive spares brand of Vogo, along with its trademark. The team of V-Motive will join Fixcraft as part of this deal. The company said that the acquisition would give it access to high-quality spare parts. Fixcraft has raised a total of $2.5 million till […]
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Winzo acquires gaming studio Upskillz Games
June 24, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments
Vernacular interactive entertainment platform WinZO has acquired Upskillz Games, a Gurugram-based casual game development studio. The all-cash deal saw WinZO acquiring a majority stake in the studio for an undisclosed amount. This deal shortly follows a recent announcement of WinZO making investments in other game development studios, namely Bengaluru-based Bombay Play, UK-based Village Studio and […]
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