Prodigy Finance, a UK-based fintech platform that provides postgraduate student loans to overseas students, announced on Wednesday that it had received $500 million in funding from CPP Investments. It just received a $250 million loan from the United States International Development Finance Corporation, bringing the total amount raised to $750 million. Prodigy Finance was founded…
Awon GameZ, a gaming business, announced on Wednesday that it had received $2 million in venture funding from Aditya Duggar and his family. The business intends to use the new funding to expand its product portfolio, increase its market reach, invest in product development, and hire global talent. Awon GameZ offers a user-friendly and secure…
Bengaluru-based Ayu Health received $6.3 million in a Series A fundraising round from Singapore-based Vertex Ventures and Bengaluru-based Stellaris Venture Partners. Serial entrepreneur and angel investor Ashish Gupta, Mamaearth co-founder Varun Alagh, and Rajat Goel, Founder of Gurugram-based EyeQ Super Speciality Eye Hospitals, also participated in the round. The cash will be used to extend…
BharatAgri, a Bangalore-based digital agricultural consultancy firm, revealed on Thursday that it has secured $6.5 million in a Series A round headed by Omnivore, with current investors India Quotient and 021 Capital also participating. BharatAgri, founded in 2017 by IIT Madras grads Sai Gole (COO) and Siddharth Dialani (CEO), provides farmers with a paid subscription-based…
Flatheads, a Bengaluru-based D2C online company, has secured $1 million in a pre-series A round headed by We Founder Circle and angel network Dexter Angels. Other investors who took part in the round were Gaurav Kapur (TV host and founder of Oaktree Sports), Sahil Barua (Co-founder of Delhivery), and Radhika Ghai (Co-founder of Shopclues). We…
On Thursday, eShipz, a SaaS-based firm that automates shipping for small and large businesses, announced that it had raised $700,000 in a funding round headed by Indian Angel Network. Axilor Ventures, an existing investor, took part in the round. Axilor, JioGenNext, SAP Startup Studio, and IIM-B NSRCEL are among the incubators for the company. Shashi…
Boutique Spirit Brands, a liquor startup, announced on Thursday that it has raised Rs 80 crore in equity and debt capital from investors like as IIFL, Anicut Angel Fund, Kae Capital, and TradeCred. The company will use the newest round of funding to launch new products, scale up, increase its retail presence, and serve more…
Bidgely, based in California and Bengaluru, announced the completion of a $26 million round of strategic investment on Thursday to support its UtilityAITM platform, which is used all over the world. Accurant International, an investment initiative of Bahman Hoveida, co-founder and former CEO of Open Systems International, joined the round, which was led by Moore…
Sequoia Capital India, Falcon Edge Capital, and Hummingbird Ventures have invested US$31 million in Bright Money, an Indian fintech business with operations in the United States and the United Kingdom. InMobi co-founders Naveen Tewari and Abhay Singhal, Cred founder Kunal Shah, Jupiter founder Jitendra Gupta, Uber regional general manager for Asia Pacific Pradeep Parameswaran, and…
Pine Labs, a fintech startup, announced on Thursday that it had acquired $100 million in funding from Invesco Developing Markets Fund, a US-based investment management firm. The latest round of funding comes months after Fidelity Management & Research Company, BlackRock Inc, a fund advised by Neuberger Berman Investment Advisers LLC, Ishana, Tree Line, IIFL AMC…
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