Avataar Ventures Backs Appnomic With USD 22 Mn Funding
Bengaluru and California-based self-help enterprise tech startup Appnomic Systems, on Wednesday (December 18), announced that it has raised USD 22 Mn funding from Avataar Ventures. Additionally, as part of top management restructuring, the company appointed industry veterans — Nitin Kumar as the CEO; Cuneyt Buyukbezci as CMO and Girish Muckai as CRO.
Springboard Raises USD 11 Mn From Reach Capital, Others To Expand Operations
San Francisco and Bengaluru-based online edtech startup Springboard has raised USD 11 Mn in a post-Series-A funding round led by Reach Capital. Venture capital companies such as Pearson Ventures, International Finance Corporation (IFC), as well as its existing investors Costanoa Ventures, Learn Capital, and Blue Fog Capital also participated in the funding round.