China Based News Aggregation Platform Toutiao Raising $2 Billion Funding

China Based News Aggregation Platform Toutiao Raising $2 Billion Funding

China based News Aggregation Platform, Toutiao means “headlines” in Chinese backed by Sequoia Capital and CCB International, is raising at least $2 billion at a valuation of over $20 billion in its latest funding round, people familiar with the matter told Reuters. The fundraising comes after the startup raised $1 billion at an $11 billion valuation […]

Online Learning App - Byju's

Online Learning App Byju’s Raises Funds From China’s Tencent Holdings

Online Learning App, Byju’s, has now got on board Chinese internet giant Tencent Holdings Ltd. in a fresh $40-million financing round, valuing the Bengaluru company at around US $750 million after the investment reported TOI. The latest round of funding will help Byju’s accelerate product development for new markets and create a capital pool for […]

SaaS Maker Freshworks Acquired Chat Bot Automation Startup Joe Hukum

SaaS Maker Freshworks Acquired Chat Bot Automation Startup Joe Hukum

Cloud-based business software maker Freshworks (earlier Freshdesk) has acquired Chat Bot automation startup Joe Hukum. It is a platform that helps businesses build their own chatbots. The amount of deal has not been disclosed yet. Post-acquisition, the Joe Hukum team will be joining the Freshworks products teams and will be responsible for building bots and enabling workflow […]

PayTM Acquired Majority Stakes Of Online Ticketing Platform Insiderdotin

PayTM Acquired Majority Stakes Of Online Ticketing Platform Insider.in

Digital payment startup PayTM acquired majority stakes of Online ticketing platform Insider.in backed by event management company Only Much Louder (OML) for about US 5.4Mn (INR 35 crores). This acquisition will enable hundreds of millions of PayTM customers to discover a wide selection of events and book instantly through Insider. Shreyas Srinivasan, Online Ticketing Platform […]

Student Fintech Startup SYM Acquihired By Accel Backed Good Methods Global

Student Fintech Startup SYM Acquihired By Accel Backed Good Methods Global

Student Fintech Startup, Save Your Money (SYM), offering an automated micro-saving platform, has been acqui-hired by Accel Partners backed healthcare startup Good Methods Global (GMG). Student Fintech Startup Save Your Money (SYM) was founded by five engineering students from Kerala Aravind Muraleedharan, Vivek S, Abin Alias, Aswin Dev and Sarah Abraham while in their third year […]

Artificial Intelligence Startup Boxx

Artificial Intelligence Startup Boxx.ai Raised US$500K Seed Funding Led By Unicorn India Ventures

Artificial Intelligence startup, Boxx.ai, has raised US $500K (about INR 3.2 Crore) of seed funding led by Mumbai based VC firm Unicorn India Ventures. The funding round also saw the participation of angle investors like Venky Krishna kumar (Former COO and CFO, Citibank APAC), Suresh Shankar (Founder and CEO, CrayonData) and VivekBhargava (CEO, DAN Performance […]

Cyber Security Solutions Provider Innefu Labs Raised US$2Mn Series A Funding From IndiaNivesh

Cyber Security Solutions Provider Innefu Labs Raised US$2Mn Series A Funding From IndiaNivesh

Cyber Security Solutions Provider, Innefu Labs Pvt. Ltd., has raised US $2 million in a series A round of funding from venture capital fund IndiaNivesh. The raised capital, transaction facilitated by Sweat Equity Partners, will be primarily used to enhance its AI platform that is effectively supporting various law enforcement agencies for predictive intelligence and […]

Reliance Launches Unlimit Enablement IoT Platform With Cumulocity

Reliance Launches Unlimit Enablement IoT Platform With Cumulocity

Reliance Group’s IoT (Internet of Things) business unit ‘Unlimit’ (launched last year), and global IoT software provider ‘Cumulocity‘ has teamed up to roll out a suite of new products and services on a new platform called ‘#Enablement‘. Enablement will allow us to connect any device over any network, and manage and store asset data. This […]

AgriMarketing Platform Ninjacart Raised US$5.5Mn From Accel Partners, Nandan Nilekani’s NRJN Trust

AgriMarketing Platform Ninjacart Raised US$5.5Mn From Accel Partners, Nandan Nilekani’s NRJN Trust & Others

B2B AgriMarketing Platform, Ninjacart, has raised US $5.5 Mn from Accel Partners, Nandan Nilekani’s NRJN Trust, Mistletoe, Qualcomm Ventures, and M&S Partners. The raised capital will be used to expand the team and invest in supply chain automation, technology and data science, said the startup. AgriMarketing Platform NinjaCart was founded in May 2015 by Thirukumaran […]

Performance Support Startup Whatfix Raised Series A Funding Led By Stellaris Venture Partners

Performance Support Startup Whatfix Raised Series A Funding Led By Stellaris Venture Partners

B2B SaaS-based performance support startup, Whatfix, has managed to raise INR 24 crore in Series A funding led by Stellaris Venture Partners. Existing VC investors Helion Venture Partners and Powerhouse Ventures also participated in this round. Angel investors like Gokul Rajaram, Girish Mathrubootham, Aneesh Reddy, and Vispi Daver also participated in the round. With this […]