Utsav Somani, Abhishek Madhavan Lead Seed Funding In Dose FM
Dose FM, the Mumbai-based audio streaming platform, has raised an undisclosed amount of seed funding from an AngelList syndicate led by Utsav Somani and other angel investors such as Abhishek Madhavan of Loco and MPL.
INDwealth, the Gurugram-headquartered fintech startup. Has raised USD 15 Mn in a funding round from New York-based hedge fund Tiger Global. The investment comes nearly 10 months after the company raised USD 30 Mn from Steadview Capital.
Fintech Startup Tala Raises $110 Mn To Accelerate Expansion In India
Tala, California-headquartered fintech startup, has announced USD 110 Mn Series D funding led by RPS Ventures with participation from existing investors including IVP, Revolution Growth, Lowercase Capital, GGV Capital, ThomVest Ventures and PayPal Ventures.
Better.com Raises $160 Mn Series C As It Strengthens India Presence
Better.com, the New York-based digital lending company, has raised USD 160 Mn in a Series C funding which saw participation from Activant Capital, Ping An Global Voyager Fund, Ally Financial, Citi, AGNC, Healthcare of Ontario Pension Plan (HOOPP) and American Express Ventures with existing investors Goldman Sachs, Pine Brook, and Kleiner Perkins.
PayU is reportedly in talks to acquire PaySense, the digital lending platform, in a deal said to be a cash and stock one. According to a media report, the deal will peg PaySense’s valuation to USD 60-70 Mn.
After Acquiring Sportskeeda, Nazara Looks At IPO In Early 2020
Nazara Technologies, the game developer and publisher, will launch its IPO in early 2020, told by Nitish Mittensain, founder to Inc42 on the day the company announced its acquisition of Sportskeeda officially.