Media and Entertainment

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.

Source: INC42

 

FinTech

INDwealth Bags $15 Mn Funding From Tiger Global

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.

Source: INC42

 

FinTech

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.

Source: INC42

 

FinTech

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.

Source: INC42

 

Artificial Intelligence

Falcon Edge, Bharat Innovation Fund Invests $2 Mn In vPhrase Analytics

vPhrase Analytics, the Mumbai-based artificial intelligence startup, has raised USD 2 Mn in a Series A funding round from Falcon Edge Capital and Bharat Innovation Fund.

Source: INC42

 

FinTech

PayU To Acquire PaySense In A Cash And Stock Deal

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.

Source: INC42

 

Others

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.

Source: INC42