Lucideus Bags USD 7 Mn Funding To Become India’s Most Valuable Cybersecurity Startup
Cybersecurity startup Lucideus has raked in USD 7 Mn in a fresh round of funding led by MS&AD Ventures, the venture capital arm of one of Japan’s leading insurance companies. The fresh capital doubles the company’s valuation in ten months, making it the most valuable cybersecurity startup in India. The round also saw participation from Silicon Valley-based Western Technology Investment in the form of venture debt.
BookMyShow Gets New Investment From Jungle Ventures; Moves SEA Business To Singapore
To set up a geographical footprint in Southeast Asia (SEA), Bigtree Entertainment Singapore has raised an undisclosed investment from Jungle Ventures to shift BookMyShow SEA’s headquarters from Indonesia to Singapore.
Electronica Finance Raises USD 15 M Through Issuance Of Equity To Encourage Capital
Pune-based Electronica Finance Ltd (EFL) has raised over INR 100 crore (USD 15 million) through the issuance of Compulsorily Convertible Preference Shares (CCPS). According to a statement released by the company, the funds will be utilized by EFL for its business growth in the existing product segments and expansion into its new rooftop solar financing business.
Bengaluru-Based Spacetech Startup Raises INR 5 Cr From Mumbai Angels Network, Other External Angel Investors
Bengaluru-based space tech startup Dhruva Space has raised INR 5 crore in a recent round of angel funding carried out by Mumbai Angels (MA) Network and other external angel investors. The investment was led by Ravikanth Reddy, Managing Director, Hotcrete.