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Aquaconnect raises Rs 60 Cr in venture debt from Trifecta Capital

Aquaconnect, the tech driven aquaculture focused startup, has raised Rs 60 core in venture debt round of funding led by Trifecta Capital. Aquaconnect, which provides its services across the entire value chain of aquaculture, will use this funding round to strengthen its presence in the Indian market. This would entail the expansion of its franchise […]

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Sequoia Capital India, STV back Dubai-based BNPL provider tabby in $54M extension round

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. It follows tabby’s initial Series B round of $50 million announced last August that valued the company at […]

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BNPL platform Snapmint raises $9M in Series A round from various investors

Mumbai-based fintech startup Snapmint on Tuesday said it raised $9 million in its Series A round led by Prashasta Seth, CEO and CIO of Prudent Investment Managers. The round also saw the participation of 9 Unicorns, Anicut Capital, Negen Capital, Livspace founder Ramakant Sharma, Usama Fayyad – Chairman of Open Insights and Head of Institute […]

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Kubernetes development platform Okteto raises $15M Series A

Okteto, a startup that makes it easier for developers to quickly spin up Kubernetes-based development environments in order to speed up their development process, today announced that it has raised a $15 million Series A funding round. The round was led by Two Sigma Ventures, with existing investors Haystack, Root Ventures and Uncorrelated Ventures also […]

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IvyCap Ventures raises $214M, closes Fund 3

IvyCap Ventures has announced the first close of its Fund 3 at $214 million (Rs 1,608 crore). While two-thirds of Fund 3 has been raised from its existing investors, a few new institutional investors including banks, insurance companies and government departments have also participated. In addition, for the first time, IvyCap has also raised its […]

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SME lender Funding Societies raises $144M led by SoftBank Vision Fund 2, plus $150M in debt lines

Small businesses are the backbone of Southeast Asia’s economy, but many struggle to secure working capital loans because they don’t have traditional credit records or collateral, say the founders of Funding Societies. The fintech, which claims to be the region’s largest SME digital financing platform, uses alternative forms of credit scoring and has disbursed more […]

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iPhone refurbisher Swappie raises $124M Series C led by Verdane to scale in Europe

Finland-based Swappie refurbishes and resells used iPhones, taking care of the entire process, and selling the refurbished devices via its own marketplace, with a 12-month warranty. Back in 2020, it closed a €35.8 million ($40.6 million) Series B to expand into new markets in Europe. It’s now raised a $124 million (€108 million) Series C […]

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