Databricks, the Data and AI company, today announced a $1.6 Billion round of funding to accelerate innovation and adoption of the data lakehouse, as the data architecture’s popularity across data-driven organizations continues to grow at a rapid pace. The Series H funding, led by Counterpoint Global (Morgan Stanley), puts Databricks at a $38 billion post-money valuation. Counterpoint Global is joined…
Rattle, a modern BizOps Automation & Orchestration platform, today announced a seed round of $2.8 million led by Lightspeed Venture Partners and Sequoia Capital India, as well as notable angel investors Amy Chang (EVP at Cisco and Disney board member), Ellen Levy (early investor in Outreach), Jake Seid (early investor in Brex & Carta), and…
Wildcraft will join with Hashtag Orange, a digital communications firm, in its next phase of expansion. With a consumer-centric approach, Wildcraft has been a leader in outdoor space for more than 20 years. With their passionately created items specifically designed for explorers who love the outdoors, they’ve made a name for themselves in the sector….
Nifty Games Inc., a videogame developer and publisher focused on quick-session, head-to-head sports games for mobile, has raised $26M in a Series B round of equity funding led by Vulcan Capital. In addition, the company has secured $12M in connected debt financing. Attracting investors globally, Nifty Games has raised over $50M since the company was…
Based in New Delhi The Better Home, a sustainable home care goods firm, was acquired by GlobalBees, a digital brand aggregator, today. Nitin Agarwal’s company purchased a 100 percent ownership in the Bengaluru-based company, allowing it to join the home care industry. The Better Home, which launched in February 2020, sells cleaning products made with…
In a round headed by Matrix Partners India, OTO Capital, a two-wheeler buying and lending firm, raised $6 million in Series A funding. Existing and new investors such as Prime Venture Partners, 9Unicorns, Better Capital, and prominent angel investors such as Asish Mohapatra of OfBusiness, Ramakant Sharma of Livspace, Kunal Shah, K Ganesh, and Ashneer…
RubanBridge (1Bridge), a Bengaluru-based last-mile supply chain and distribution network focused on villages in rural India, announced on Tuesday that it has raised $2.5 million in new capital lead by C4D Partners, a Netherlands-based impact investor. New investors such as KAAJ Ventures, angel investors such as Prashanth Prakash (Founding Partner, Accel Partners); Puneet Jetli (Co-founder…
Under a licence to Bengaluru-based Indkal Technologies, the Acer brand, one of the world’s most well-known in computing, will shortly make its debut in the Smart Televisions segment. The launch is one of the most significant and anticipated television brand launches in 2021. Acer televisions will be available for purchase through Amazon and Flipkart in…
Abhishek Roy has been named Head of Public Relations at Just Dial, India’s biggest hyperlocal e-commerce platform. Roy will head the PR function and provide communications advice to the executive team, business units, and functional areas in this job. Roy previously worked for Magicbricks as the Senior Communications Manager. Prasun Kumar, CMO, Just Dial, said: “We…
Randeep Hooda, a dynamic actor with a large fan following who is known for his powerful film performances, will be the brand ambassador for Ramagya Mart. Ramagya Mart is a B2B E-commerce platform that allows manufacturers to connect and interact directly with new potential retailers, whole-sellers, resellers, and dealers. Ramagya Mart’s goal is to push a…
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