Work Fulfillment Platform Awign Raises USD 4 Mn Series A Funding For Expansion
Bengaluru-based marketplace for part-time work, Awign Enterprises, has raised USD 4 Mn in Series A funding round. The investment has been led by Work10M, with participation from Michael and Susan Dell Foundation, Eagle10 and existing investors Unitus Ventures.
BCCL Invests USD 5 Mn To Help Starting 11 Expand To India, Should Dream11 Be Worried?
Brand Capital, the strategic investment arm of Bennett Coleman and Company Ltd (BCCL) has announced an investment in Minneapolis-based fantasy football platform Starting 11. Brand Capital has invested USD 5 Mn in the company and will help Starting 11 expand its operations to India.
TapChief Raises USD 1.5 Mn From Blume Ventures For Network Expansion
Bengaluru-based gig worker and freelancer marketplace TapChief has announced raising USD 1.5 Mn from early-stage venture capital firm Blume Ventures. Through this investment, Sanjay Nath, the managing partner of Blume Venture will be joining the company’s board.
3one4 Capital Closes Growth, Seed Funds With Eye On Changing Funding Landscape
Bengaluru-based 3one4 Capital has announced the final close of its Continuum I and Rising I fund at INR 400 Cr and INR 45 Cr. While Continuum I, which was launched in early 2019, will focus on Series B and above round in existing portfolio companies, Rising I will enter into deals with idea stage and seed-stage companies which includes new and follow-on investments.
Bengaluru-based invoice-discounting platform KredX announced its Series B round on Wednesday, with US-based Tiger Global Management leading the USD 26 Mn (INR 187 Cr) investment round, along with participation from an existing investor, for a minority stake in the company.
Walmart and Flipkart have announced a joint strategic investment in Ninjacart, the supply chain startup working in India’s fresh produce industry to connect farmers with retailers and businesses in hotels, restaurants, and cafes (HoReCa) industry. A statement from Flipkart said the three companies will bring high-quality fresh produce to more retailers and consumers across India while also boosting farmer income and arresting revenue leaks in the agrarian economy.