Mobility

Vogo Is Raising $19.1 Mn Series C Round; Expanding Its ESOPs Pool-(22/02/2020)

Vogo is raising $19.1 Mn in Series C funding round led by Financial Investments SPC. Existing investors Matrix Partners and Kalaari Capital are also investing in Series C round again

INC42

 

FinTech                                                                      

BharatPe Is Raising $75 Mn From Ribbit Capital, Coatue And Others-(22/02/2020)

BharatPe passed a resolution to approve, offer and issue Series C shares this week. Coatue Management, Ribbit Capital, Steadview Capital are among the investors. These funds will be used towards the expansion and growth of the company

INC42

 

TMT

Detel’s Refurbished Platform PreLoved Device Acquires Overcart-(21/02/2020)

Post-acquisition Overcart will be operated under the PreLoved Device brand name. PreLoved Device will gain access to Overcart’s existing 1 Mn customers. Overcart had been mostly inactive for over two years since it shifted to bulk order mode in 2017

INC42

 

FinTech

MSME-focussed Prayaan Capital raises seed funding from Accion Venture Lab-(20/02/2020)

Prayaan Capital Pvt. Ltd, which runs a financial technology startup focussed on lending to micro, small and medium enterprises (MSMEs), has raised $1.2 million in a seed funding round

VCCIRCLE

 

SpaceTech

Elon Musk’s SpaceX looking to raise $250M; valuation projected at $36B-(22/02/2020)

Elon Musk’s SpaceX is looking to raise about $250 million, taking the valuation of the American aerospace manufacturing and space exploration company to about $36 billion, the company said on Friday, as reported by CNBC

YOURSTORY

 

TMT

Indonesian e-procurement firm Mbiz eyes $20m series B raise-(22/02/2020)

Mbiz, an Indonesian business to business e-procurement platform, announced in a media briefing today that is targeting to raise USD 20 Mn in a series B round

TECHINASIA