News Content

Dailyhunt Secures Nearly $25 Mn Funding In Ongoing Series F Round

Dailyhunt, a Bengaluru-based news and e-books mobile app, has raised USD 3 Mn in a Series F funding round from Stonebridge Capital. This funding brings the total Series F round fundraise to USD 24.95 Mn.

Source: INC42

 

EdTech

Edtech Startup Vedantu Gets INR 8 Cr Debt, To Raise Another $30 Mn Led By Tiger Global

Vedantu, a Bengaluru-based online tutoring startup, has raised INR 9.42 Cr in debt plus preference funding from Trifecta Capital.

Source: INC42

 

Fitness

Marico to increase stake in Ant Farm-incubated fitness startup

Marico Ltd, the consumer good making giant, said in a statement on Thursday that it has decided to increase its stake in fitness and wellness platform Revofit to 37% from 22.5%.

Source: VCCIRCLE

 

Enterprise Tech

Software firm Innovaccer to raise $60 million

Innovaccer, an enterprise software company, is in advanced talks to raise USD 50-60 million from Tiger Global Management and Steadview Capital, two of the most active investors in India’s tech market, along with Dragoneer Investment Group.

Source: ECONOMIC TIMES

 

Mobility

Tiger Global, Vogo in $50 million talks

Tiger Global Management, the New-York based investment firm, is in preliminary talks with Vogo Automotive, the Bengaluru-headquartered startup for investment around USD 40-50 Mn

Source: ECONOMIC TIMES

 

FinTech

US-based fintech firm C2FO raises $200M from Softbank, will explore growth opportunities in India

C2FO, a US-based fintech firm which specializes in working capital loans, has announced a new funding round led by Softbank’s Vision Fund I which also saw participation from Temasek and Union Square Ventures.

Source: YOURSTORY