MPL raises $90 million in funding led by SIG, MDI, RTP
Since its founding in September 2018, MPL has added over 70 games on its platform, working with over 28 game developers and studios. Its user base has grown to over six crore users.
PropShare Capital raising Rs 100 crore distressed strategy fund
This is the second such fund by the platform. Part of the first round of Rs 8...
ShareChat closes $40 million in Pre-Series E funding to aid Moj's growth
This current round of funding will be utilised towards driving growt...
WeWork sells control of China unit, says it got $200 million funding
WeWork shelved its initial public offering in 2019 after investors grew wary of its losses, business model and corporate governance, leading to the resignation of co-founder and former chief executive officer Adam Neumann.
Airmeet bags $12 million in funding led by Sequoia Capital India
Airmeet claims it is already doing around 1,000 events a month and has a base of close to one million users, which is growing at around 25% month-on-month.
Byju's continues to rack up more funds, this time from three new US investors
Byju’s said it has added BlackRock, Sands Capital and Alkeon Capital to its growing list of hotshot backers.
Burgerama receives pre-series A funding from Madison and Anicut
The startup intends to use this capital in expansion across the Delhi/NCR region, hire more people and to develop backend operations to support the next phase of growth.
Dream11 parent secures $225 million in fresh funding
The funding, which is largely secondary in nature with a smaller primary component, is expected to result in the further reduction of Chinese gaming and social media giant Tencent Holdings’ stake in the company to single digits, sources told ET. The investment values Dream Sports at about $2.5 billion, said people with knowledge of the matter.
DPIIT working on credit guarantee, seed fund schemes for startups
The government had launched Startup India Action Plan in January 2016 to promote budding entrepreneurs in the country. The plan aims to give incentives such as tax holiday and inspector raj-free regime and capital gains tax exemption.
Personal care brand mCaffeine raises Rs 42 crore in third round of funding
India is a booming industry for this sector that houses leading brands such as Dabur and Godrej to start ups including Mamaearth and Wow Skin Science.
Avail Finance raises $11.5 million in funding
As part of this investment from AWI, Avail Finance will set up a team in Abu Dhabi and use the Emirate as its regional headquarters.
Tiger & Kora in $250 million Zomato funding round
For Zomato, the new round of financing comes amid uncertainty surrounding the India strategy of its prominent backer - China's Ant Financial
StartupXseed makes first close of Rs 150 crore fund-II
It will focus on placing bets across deep technology, including, semiconductor, cyber security, drone and aerospace sectors. It will also look at the artificial intelligence and machine learning segments.
E-commerce management firm Assiduus Global raises $1 million in Series A funding
The funding will help develop and expand their brands, especially in the domain of nutraceuticals (products derived from food source) and beauty.
GullyBuy Software raises Rs 4 crore pre-series A funding
This is the second investment that SEED has made with the GullyBuy founders.