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Tiger Global-Backed Packaging Startup Bizongo bags $25 million in funding

Bizongo, a B2B packaging firm, has secured $25 million in investment from Mars Growth Capital, a division of Liquidity Group. The cash will be used to extend the company’s foothold in Southeast Asia plus build its supply chain client base. Bizongo, situated in Mumbai, was formed in 2015 by IIT grads Ankit Tomar, Sachin Agrawal, […]

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Crypto banking and payments platform Zamp raises $25 mn in funding led by Sequoia Capital

Amit Jain, who just left his position as managing director at Sequoia Capital India, has raised around $25 million for his startup, Zamp. According to a person with knowledge of the matter, the round, which was led by Sequoia Capital and a number of prominent individual investors, valued Jain’s startup at close to $160 million. […]

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Blockchain firm 5ire turns unicorn with $100 million fundraise

The latest unicorn, 5ire, a fifth generation level 1 blockchain network, announced on Friday that it had raised $100 million in Series A funding from UK firm SRAM & MRAM at a post-money valuation of almost $1.5 billion. With this investment, 5ire becomes the world’s only sustainable blockchain unicorn and the unicorn with the fastest […]

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Softbank-backed Lenskart picks majority stake in Owndays

Lenskart, the SoftBank-backed omni-channel eye-wear retailer, has picked up a majority stake in Owndays – Japan’s direct-to consumer eyewear brand. The acquisition will expand Lenskart’s presence to 13 markets in Asia, including Singapore, Thailand, Taiwan, Philippines, Indonesia, Malaysia, and now Japan. As a part of the deal, the majority shareholders of Owndays – L Catterton […]

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B2B digital marketplace Solv raises $40M in funding led by SBI Holdings

Solv, a B2B digital marketplace for MSMEs, has raised $40 million (over Rs 300 crore) in its latest round of funding led by marquee investor SBI Holdings, with participation from SC Ventures, which has been an incubator and early-stage investor of Solv. This round of fundraise takes Solv’s total funding to nearly $80 million. The […]

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Battery Smart raises $25M in Series A round led by Tiger Global

New Delhi-based battery-swapping network for electric vehicles Battery Smart on Monday announced that it has closed a Series A round of $25 million. The funding was led by Tiger Global, along with participation from Blume Ventures and Orios Ventures. In November 2021, the startup raised $7 million in a Pre-Series A round led by Blume […]

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Beauty retailer Purplle joins unicorn club with $33M round

Online beauty and personal care products retailer Purplle is the latest entrant to the startup unicorn club at a valuation of $1.1 billion. The company announced raising $33 million in Series E round of funding from South Korean investment firm Paramark Ventures, apart from returning investors Premji Invest, Blume Ventures, and private equity fund Kedaara. […]

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Live video startup Eloelo raises $13M in Series A led by KB Investments, Kalaari Capital, others

Bengaluru-based homegrown live video streaming platform Eloelo on Thursday said it raised $13 million in a Series A round led by KB Investments, Kalaari Capital, along with existing investors WaterBridge Ventures and Lumikai Fund.  Convivialité Ventures and Rocket Capital also participated in the round. This is Eloelo’s second successive funding round in less than a […]

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MoEngage raises $77M in Series E led by Goldman Sachs Asset Management & B Capital

San Francisco and Bengaluru-based insights-led customer engagement platform, Moengage, on Wednesday announced that it has raised $77 million in Series E funding led by Goldman Sachs Asset Management and B Capital. Existing investors including Steadview Capital, Multiples Alternate Asset Management, Eight Roads Ventures, and Matrix Partners India also participated in the round. This is the […]

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ShareChat raises $300M from Google at $5B valuation

Short video app Sharechat’s parent company has raised nearly $300 million in funding from Google, Times Group, and Temasek Holdings, Reuters reported on Monday, citing two sources familiar with the discussions. The deal values the social media company at $5 billion, the report said. This is tech giant Google’s second investment in the short video […]

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