Social Commerce Startup Meesho Raises $125M In New Funding Round Led By Naspers
Social e-commerce startup Meesho has announced the closing of USD 125 Mn funding round led by Naspers, which also witnessed participation from Facebook and existing investors SAIF Capital, Sequoia Capital, Shunwei Capital, RPS and Venture Highway.
Bertelsmann India leads $30 mn funding in gold loan platform Rupeek
Rupeek Fintech Pvt. Ltd., a fintech company that operates an online marketplace for gold loans, has raised USD 30 Mn in a funding round led by Bertelsmann India Investments, the strategic arm of Germany’s Bertelsmann SE & Co. KGaA.
Singer Sukhbir Singh invests in tech-enabled beverage startup LQI
LQI, a Gurugram-based beverage startup, has raised an undisclosed amount of funding from singer turned angel investor Sukhbir Singh, making this his very first investment in India. The investment is a part of the USD 2 Mn seed funding round, which the company is raising from angel investors.