April 8, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
Live video and audio platform Dyte has raised $11.6 million in seed funding led by Unbound, Sequoia Capital India’s Surge and Nexus Venture Partners. The funding will be used to expand their product and engineering team, and focus on international hires while building for a global market. “We’ve only just scratched the surface of possibilities […]
Read more
Workforce management startup Rippling raises $250M in Series D round
May 12, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments
Bangalore and San Francisco-based workforce management startup Rippling has announced it has raised $250 million in a Series D round co-led by Bedrock and Kleiner Perkins, with participation from existing investors Y Combinator, Sequoia Capital, and more. The round values the company at $11.25 billion, the company stated in a blog post. Founded in 2016 […]
Read more
Razorpay raises $75M in a secondary transaction ESOP sale from Lightspeed, Moore Ventures
May 10, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments
Bengaluru-headquartered fintech unicorn Razorpay on Wednesday announced its fourth and largest liquidity event for Employee Stock Ownership Plan (ESOP) for $75 million (Rs 578 crore). The secondary transaction was led by Lightspeed Venture Partners, along with participation from New York-headquartered Moore Strategic Ventures — who will also join Razorpay’s cap table. Moreover, this is in […]
Read more
Dream Capital leads $120M Series A round in cricket NFT platform Rario
April 22, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments
Singapore-based cricket NFT platform Rario on Thursday announced a $120 million Series A funding round led by Dream Capital, the corporate venture capital and M&A arm of Dream Sports. Rario currently claims to have the largest share of cricket NFT rights globally through exclusive partnerships with six international cricket leagues and a roster of 900+ […]
Read more
SaaS startup Everstage raises $13M in Series A from Elevation Capital
April 21, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments
Chennai and Delaware-based SaaS company Everstage, on Wednesday, said it has raised $13 million in Series A from Elevation Capital with participation from existing investor 3one4 Capital. The startup plans to use the funding to further expand its sales, engineering, and solutions teams to serve customers worldwide. The 50-member team is expected to grow 3x […]
Read more
SaaS platform Expertia AI raises $1.2 Mn seed round
April 19, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
SaaS startup Expertia AI has raised $1.2 million in a seed round led by Chiratae Ventures and Endiya Partners with participation from Entrepreneur First and angel investor Archana Priyadarshini. The funds will be used for assembling a team of AI researchers and software engineers and creating brand, and product awareness in the Indian market, said […]
Read more
Last9 raises $11 Mn in new round
April 18, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
Site reliability engineering (SRE) platform Last9 has raised $11 million in its Series-A round led by Sequoia Capital India with participation from co-investor Better Capital and angel investors. This investment is in addition to the $2 million raised by Last9 from Sequoia Capital India’s Surge and Better Capital in April 2020. Founded in 2020 by […]
Read more
HBox raises $700K in Seed round
April 18, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
Healthtech startup HBox.ai has raised USD 700K in seed funding round led by Arali Ventures. HBox will deploy the funds to increase its market penetration and build out its product stack, it said in a press release. Founded in 2021, HBox went live with one clinic in March 2021 with its first offering ‘Remote Patient […]
Read more
Cybersecurity startup Securden raises $10.5M led by Tiger Global
April 13, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
Delaware, US, and Chennai-based IT security firm Securden on Wednesday said it raised $10.5 million in a Series A funding round led by Tiger Global. Software-as-a-Service (SaaS) focused Together Fund and returning investor Accel also participated in the round. Freshworks CEO Girish Mathrubootham and Manav Garg, Founder of Eka1.com — who set up Together Fund […]
Read more
Dyte raises $11.6M in seed capital
April 8, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
Live video and audio platform Dyte has raised $11.6 million in seed funding led by Unbound, Sequoia Capital India’s Surge and Nexus Venture Partners. The funding will be used to expand their product and engineering team, and focus on international hires while building for a global market. “We’ve only just scratched the surface of possibilities […]
Read more
Instoried raises $200M from GEM, seeks to go public
April 8, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
Web platform Instoried has announced that it has signed an agreement with GEM Global Yield, an alternative investment group with offices in Paris, New York, and the Bahamas. Under the agreement, GEM will provide a Share Subscription Facility of up to $200 million to be drawn at the option of the company for a 36-month […]
Read more