Venture capital

TAMPA, Florida, September 16, 2021 (Information) – Embarc collective, the startup hub that can help Florida founders build bold, successful and scalable companies and Build in SE, a neighborhood on a mission to support founders who choose to grow their businesses in the Southeast, has now reported the results of its third annual report on the Southeast Fund Landscape.

The report, which was designed to make it much easier for startup founders to discover cash flow methods and nearby funding opportunities in the Southeast (a place described as Alabama, Florida, Georgia, the Kentucky, Mississippi, North Carolina, South Carolina, Tennessee, Virginia and West Virginia) reveals a growing number of new enterprise capital business start-ups over the past three years.

In 2021, the report uncovered 280 companies in the region that are actively investing in pre-seed equity, showing an increase of 40 new companies since the 2020 report and 80 companies included since the inaugural report in 2019.

The report presents the region’s expanding access to species across a range of variables, including:

• Technological migration to the south-east: With a remote feature standardizing virtual meetings between investors and startup CEOs, dollars allocated to startups primarily based in the Southeast have increased. This has led to an influx of newly relocated companies and new resources raised to capture the regional business flow. Some examples are Founders Fund, Harlem Cash, and General Catalyst, all of which opened offices in the Southeast in the previous calendar year.
• Densities of startups in new industries: Many startups focused on fintech, digital health and enterprise SaaS are creating a density of expertise that appeals to traders. For illustration, considering that in early 2021, lifestyle science companies in North Carolina had racked up around $ 3 billion in financial commitments and created roughly 3,000 new careers. .
• Concentrate capital on under-represented founders: 2021 ushered in a change in the venture capital landscape, with a maximization of fund allocation for under-represented founders. This shift is most significantly seen in Atlanta, where 41% of 36 early-stage VC firms determine they acquire a diversity goal through investments, a miscellaneous fund management group, or both.
• An improvement in women of all ages Buyers: The state with the most active investors of all ages is Georgia at 25, followed by Tennessee and Florida tied for second with 19 institutional investors. More than half (53 out of 90, or 58%) of female buyers of all ages in the South East hold the primary leadership titles of founding and / or normal husband or wife, taking care of the lover / manager, or husband or wife.

“Through the Southeast Cash Landscape report, we are not only documenting this exceptionally encouraging increase in the availability of seed funding in the South East, but I think this project is contributing just as well,” said Allie Felix, vice president of the Embarc Collective platform. “Over the years we have heard many anecdotes from founders creating their prospecting record of traders and traders finding a flow of deals from this source, and I hope this will continue to be a powerful tool for these. groups of people. “

“Within our respective startup communities, one of the most frequent concerns we hear is, ‘Who are the active investors in the Southeast that I should really connect with? »Declared Monique Villa, co-founder of Build In SE. “Our main goal is not only to address these concerns of the founders, but to help you save them precious time in determining the appropriate size community money so that they can aim to start a business. The likelihood of an expansion in the Southeast is exponential, as we are seeing with MailChimp, Calendly, SmileDirectClub and a developing checklist of other big name vendors settling and evolving here, turning heads of buyers who will be the only ones attracted to the Southeast in the years to come.

To learn more about the South East currency landscape, stop by https://bit.ly/SECapitalLandscape

About the Embarc collective

Embarc Collective is a nonprofit startup hub that helps Tampa Bay founders build bold, scalable, and successful organizations. Embarc Collective offers direct help driven by the goals and unique needs of each member startup in its 32,000 square foot office environment in downtown Tampa. Member organizations get personalized and ongoing coaching and assistance from start-up veterans to help propel the progress of member companies. Embarc Collective operates with a growing roster of approximately 100 early stage startups and is the fastest growing startup hub in Florida.

About Build in SE

Create In SE’s mission is to increase the number of stories of good results from startups in the South East by relying on an interregional collaborative network. Construct In SE builds regional intelligence through its group of local ecosystem curators, Alliance partners and investor communities, all guided by the founders when launching and scaling their startups. Make In SE is a Certified Benefit Corporation headquartered in Nashville, Tennessee.

Media ContactJillian [email protected]

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Funding for American startups closes the summer with a significant investment of $ 19 billion in startups for the month of August.

Today, I take stock of the state of venture capital and seed funding during the month of August nationwide, where more than $ 19 billion was invested in American startups. By analyzing some publicly available data from our friends at CrunchBase, we break down the aggregate statistics for all funding agreements by funding stage (Early Stage [Angel, Pre-Seed, Seed], Series A, Series B and Final Stage [Series C+]) including mention of notable rounds.

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The average startup cycle in the United States in August was $ 3.0 million Tweet this
The median US startup cycle for August was $ 2.3 million Tweet this
$ 814.7 million was invested in the first US funding rounds in August Tweet this

TechWatch Media Group’s audience is an engine of progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway of technology and entrepreneurship. There are a number of options for reaching this audience of the world’s most innovative organizations and startups at scale, including significant brand placement in a high-profile article like this, which will be read by the big crowd. majority of key influencers in the business community and beyond. Learn more here.

The average cycle of Series A in the United States in August was $ 11.7 million Tweet this
US Series A median round for August was $ 10.0 million Tweet this
$ 1.9 billion was invested in US Series A rounds in August Tweet this

TechWatch Media Group’s audience is an engine of progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway of technology and entrepreneurship. There are a number of options for reaching this audience of the world’s most innovative organizations and startups at scale, including significant brand placement in a high-profile article like this, which will be read by the big crowd. majority of key influencers in the business community and beyond. Learn more here.

The average round of Series B in the United States in August was $ 43.4 million Tweet this
Series B US median round in August was $ 33.3 million Tweet this
$ 3.9 billion invested in US Series B rounds in August Tweet this

TechWatch Media Group’s audience is an engine of progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway of technology and entrepreneurship. There are a number of options for reaching this audience of the world’s most innovative organizations and startups at scale, including significant brand placement in a high-profile article like this, which will be read by the big crowd. majority of key influencers in the business community and beyond. Learn more here.

The average endgame round in the US for August was $ 144.4 million Tweet this
The US median round for August was $ 85.5 million Tweet this
$ 12.4 billion invested in Series C + rounds in the US in August Tweet this

TechWatch Media Group’s audience is an engine of progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway of technology and entrepreneurship. There are a number of options for reaching this audience of the world’s most innovative organizations and startups at scale, including significant brand placement in a high-profile article like this, which will be read by the big crowd. majority of key influencers in the business community and beyond. Learn more here.

$ 19.0 billion was invested in startups in August in the United States in 610 deals Tweet this
US venture capital funding in August was + 10.5% compared to last month and + 132% compared to same period last year Tweet this

TechWatch Media Group’s audience is an engine of progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway of technology and entrepreneurship. There are a number of options for reaching this audience of the world’s most innovative organizations and startups at scale, including significant brand placement in a high-profile article like this, which will be read by the big crowd. majority of key influencers in the business community and beyond. Learn more here.

The experts’ suggestion follows the announcement by the Central Bank of Nigeria of the N15 trillion infraco fund, which focuses on tackling Nigeria’s weak and dilapidated infrastructure.

They are looking for an appropriate policy framework that can attract private capital funds to finance infrastructure without resorting to borrowing.

“Although the government offers to fund the N15 trillion infraco, private sector venture capitalists can actually fund 10% of this business and run it profitably and efficiently,” Chijioke Ekechukwu said. , economist and former director general of the Abuja Chamber of Commerce. ICIR.

Ekechukwu suggested that the government could create an avenue and an enabling environment for private sector financing and use its own funds for other purposes.

Central Bank Governor Godwin Emefiele told the annual banking and finance conference on Tuesday that the federal government would launch InfraCorp Plc, the N15trn infrastructure fund, to increase funding for investment projects in October .

He said the project, which was conceptualized by the CBN alongside the African Finance Corporation and the Nigerian Sovereign Investment Authority, would help address the challenge of the country’s infrastructure deficit.

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“In this regard, I am pleased to announce that InfraCorp, the infrastructure company created by CBN, African Finance Corporation and Nigerian Sovereign Investment Authority to raise N15trn, will be unveiled in October 2021.

“InfraCorp would allow the use of primarily private capital to support infrastructure investments that will have a multiplier effect on growth in critical sectors.

“The purpose of raising N15tn is to meet some of our infrastructure needs while providing reasonable returns to investors.

“We believe that this well-structured fund can act as a catalyst for medium and long term growth. Support from the banking community will be important to achieve this goal.

The governor of the CBN also noted that Nigerian banks have not only become strong and resilient, but have also carved out a place for themselves in the world.

To consolidate the growth and resilience of Nigerian banks over the past decade, he said the CBN will establish, over the next 12 months, the Nigerian International Financial Center.

The NIFC, he said, would act as an international gateway for capital and investment, using payment system technology and infrastructure.

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“We will also be launching the Creative Hubs of the National Theater for Our Young People as well as the E-naira project which will also debut in October 2021. The NIFC will take advantage of our existing laws such as BOFIA 2020, NEPZA and other regulations. CBN to create a fully global investment and financial hub where money, ideas and technology will flow freely without hindrance. “

Cowry Assets Management Chief Executive Officer Johnson Chukwu told ICIR that the Central Bank of Nigeria’s plan to create the N15 trillion Infraco fund would attract more private capital into infrastructure finance and prepare for the land for concessions and infrastructure funds.

UK Department for International Development associate consultant Celestine Okeke explained that with the debt crisis shaking the government, there was a need to reduce the risks of Nigeria’s financing options and to attract equity and capital. private sector capital in the economy.

“We face various risks in financing our infrastructure. The government can turn to the World Bank to provide it with a model for financing infrastructure to enable the inflow of private capital. “

NEW YORK, September 15, 2021 / PRNewswire / – Aperture Venture Capital, a early stage venture capital fund that invests in black, Latin and female founders who are building the future of fintech and enterprise software, has announced a strategic partnership with Aleria Research Corp (ARC). Anchored by its flagship event, the Annual Diversity and Inclusion Research Conference (DIRC), the ARC pursues a wide range of research and education activities with the mission of working for a more inclusive world and more equitable. To launch the partnership, Aperture VC will sponsor a panel at DIRC21 on November 17-19 entitled From diversity to dividends: expanding the corporate guide to diversity. The panel is moderated by Aperture VC co-founder and diversity innovator William crowder. Mr. Crowder will bring together speakers from leading companies and foundations to share their ideas and best practices in the rapidly evolving space of business investment in diversity.

“Aperture VC’s vision is based on our unique model of engagement with enterprise LPs,” said Aperture VC co-founder, Heraman Garnet. “Our new partnership with ARC will allow us to extend this model of engagement to include sharing scientific research on what works and what doesn’t as companies develop new strategies and tactics to invest in diversity.”

founder of the ARC Paul Gaudiano Says: “Although there is growing interest and an investment of resources in Diversity, Equity and Inclusion (DCI), most organizations prioritize initiatives that focus primarily on awareness and education. . We believe collaborative applied research is the key to identifying strategies that can truly needlepoint in DEI. We view the Aperture VC fund model as a more tangible example of action that can lead to a measurable return on investment.

About Aperture Venture Capital
Aperture Venture Capital is VC for the multicultural general public™. We have created a new investment paradigm specifically designed to support various founders across the United States who are building the next generation of breakthrough technology companies. Investors in Aperture VC are leading companies, endowments and other institutions committed to building an inclusive economy through partnership and collaboration. Known for the innovative Diversity Investing API℠ platform, we work closely with treasury and corporate units to expand their diversity investing toolbox. Led by seasoned technology investors William crowder and Heraman Garnet, Aperture VC helps Fortune 500 companies, foundations and institutions quickly transform their DCI strategy into measurable impact that amplifies their bottom line over time.CONTACT WITH THE MEDIA:
Madelaine Real, [email protected], (213) 437-3183.

About the CRA
Aleria Research Corp (ARC) is a non-profit organization dedicated to conducting charitable scientific research in areas related to Diversity, Equity and Inclusion (DCI). Our mission is to demonstrate the value of DCI and to foster greater inclusion and equality in society. Our work aims to benefit women, underrepresented minorities, people with disabilities and other disadvantaged and underserved communities by convincing the privileged majority of the value of becoming more diverse and inclusive.

The ARC conducts scientific research with the rigor and transparency of academia, but with the efficiency and applied mindset of the private sector. Our human-centered approach leverages behavioral science, complexity science, and technology to influence how people think about EI and, more importantly, what they do with it. Media contact: Toni Shoola, [email protected], + 1-646-862-2934.

SOURCE Aperture Venture Capital

The new fund will help Jump push cryptocurrency investment further, in addition to commerce, media and fintech. “There is potentially a generational opportunity in the crypto space,” says Sach Chitnis, who started the fund with Mike McMahon. “We want to make sure we have the resources.

The company has made dozens of crypto investments, including BitGo, a San Francisco-based company that is in the process of being acquired for $ 1.2 billion. “While we take a more concerted step towards crypto, the majority of the new fund will be the same,” Chitnis said.

At $ 350 million, the new fund will be one of the largest raised by a Chicago venture capital firm. This is one of many new funds raised recently, including S2G Ventures, which raised a fund of $ 550 million, and Lightbank, which closed a follow-up fund of $ 180 million.

Jump has traditionally focused on investments of $ 2-10 million.

“It’s great to have them in the market to deploy capital,” said Ira Weiss, partner at Hyde Park Venture Partners, who has invested in deals with Jump. “They have been very successful. They have a team that can roll up their sleeves and really help.

Jump’s investments in Chicago include M1 Finance, which was recently valued at over $ 1 billion, Narrative Science, and LogicGate. The company also backed Fast Radius, a Chicago-based 3D printing technology maker, which said it would go public in a merger with a specialist acquisition company, or SPAC.

JAKARTA / SINGAPORE – Two leading venture capital firms in Southeast Asia are doubling down on their tech ecosystem, one on track to potentially raise $ 350 million for its latest fund and the other by renaming the one existing in the region as they prepare to nurture a new generation of promising startups.

This optimism is fueled by the momentum generated by upcoming IPOs of first-generation startups as well as the rapid growth in the number of internet users in key economies in the geographic area.

Jungle Ventures, one of Southeast Asia’s oldest venture capital firms, confirmed to Nikkei Asia that it recently closed its fourth fund for the first time at $ 225 million, already close to $ 240 million. million dollars raised for its third fund. Existing partners such as Singaporean public investor Temasek Holdings, the World Bank affiliated International Finance Corporation and “some of the largest regional family offices” participated in the fundraiser, said Amit Anand, founding partner of VC.

Anand added that Jungle is seeking to raise a total of $ 350 million for the fund. The fourth fund is expected to invest in around 15-20 “early stage, high growth companies,” according to a disclosure from IFC, the fund’s sponsor.

The first close of its fund by Jungle comes after 500 American startups renamed its Southeast Asian fund in August. Vishal Harnal, managing partner of 500 South East Asia Startups, said the rebranding shows his “increased commitment to continue investing and expanding our business across South East Asia.”

He declined to say if 500 startups were planning to launch a new fund, but said he was actively hiring and training staff across the region. He said the company is primarily focused on Indonesia, Malaysia and Singapore, and will see Vietnam and the Philippines as the next markets.

Southeast Asia’s internet economy reached $ 105 billion in 2020, up from $ 32 billion in 2015, according to a report from Google, Temasek and Bain & Co. The region has also spawned several unicorns , private companies valued at over a billion dollars, which have gone to public markets.

But “whatever we see today, the numbers are absolutely tiny compared to what will happen in the next 5 years,” Anand said. Jungle Ventures founding partner estimates that by 2025, valuations of Southeast Asian tech companies that have gone public will total $ 1,000 billion. “In our view,” he said, “companies of $ 30 billion to $ 40 billion are in the pipeline in the next few years, including some of our portfolio companies. “

Southeast Asia’s young and internet-savvy population has long provided a tailwind to the region’s tech sector. But other fundamentals are also strong. In 2020, the region had 40 million new Internet users, up from an additional 100 million between 2015 and 2019. Of the 583 million people in six countries – Vietnam, Thailand, the Philippines, Malaysia, Singapore and the Indonesia – 70% are now. online, according to the Google report.

More recently, the move to public procurement of some of Southeast Asia’s leading tech companies has put the region on the radar of global investors.

Singapore’s Sea, known for its e-commerce brand Shopee, in 2017 became a pioneer of the IPO in the United States. Indonesian e-commerce platform Bukalapak’s IPO in August was the largest ever by the country. The Singapore-based super app Grab’s deal to list through a special-purpose acquisition company valued it at $ 40 billion. Fintech company FinAccel will also be listed in the United States via a SPAC, a deal that values ​​the company at $ 2.5 billion.

These public lists “create the final chapter in the history” of Southeast Asia’s tech ecosystem, Anand said. “Everyone was curious [about what the exits would] look like, and they look like blockbusters. … Investors are now well beyond Southeast Asia’s limit when it comes to asset allocation, and I believe these numbers will continue to grow just as rapidly over the next few years. “

Harnal of 500 startups agreed. “There is so much momentum,” he said. “So much capital also goes into the ecosystem.” Investing in startups in Southeast Asia was “an acquired taste for a few people,” but now the region “has become its own region which does not need any support,” he added. “What we have done over the past seven years is just a prologue. It is just the start, and we are very excited to continue and double our business in South Asia. East.”

Shopee, Singapore’s Sea’s e-commerce brand, is one of several Southeast Asian success stories that are attracting investors to the region. © Reuters

500 start-up-focused startups have invested in around 250 companies through its funds in Southeast Asia and boast both Grab and Bukalapak as holding companies. Jungle Ventures, meanwhile, has invested in 35 startups through its funds, including seven exits. FinAccel, which announced the $ 2.5 billion PSPC deal in August, is part of its portfolio.

The growing business enthusiasm for investing in Southeast Asia comes as the COVID-19 pandemic continues to ravage the region. But both VCs say the pandemic is accelerating the digitization of economies as more and more people use internet services in their daily lives.

“While intermediate volatility will affect the way companies operate and will determine the very short-term result, from a medium to long-term perspective [COVID-19] has no negative impact [the startup space] at all, “Anand said.” I haven’t seen any concerns in terms of investor appetite for Southeast Asia because of COVID. “

Harnal of 500 startups said that “Overall there could be a slowdown. But some industries are increasing despite the overall slowdown. One of the biggest is technology.”

He noted that Southeast Asian technology has mainly focused on “Tier 1” cities such as Jakarta and Bangkok. “Now he’s going beyond these cities to tier 2, 3 and 4 cities,” he said. As a result, “the majority of the population of Southeast Asia benefits from technology and advances in technology.”

“Sustainable cities” are now one of the priority areas of 500 Startups. According to Harnal, “there is finally a change in consumer and government behavior,” a reference to a top-down approach by governments to the environment, such as banning plastic bags. These changes have “created real opportunities for startups to grow,” he said.

Investors and founders “pay more attention” to ESGs, said Anand of Jungle Ventures, referring to environmental, social and governance issues. “At the semi-annual general meeting in May, I had five or six sponsors who came to see me and said: ‘Are you going to invest in [things like] climate technology? ‘”he said.

But while ESG investing has taken off in the West, “in the short term, I think the region is still lacking deal flow,” Anand added. “The jungle and its peers should invest money in these areas, but we would need to see the right business models and the right talent.”

After remaining sluggish at the start of the month, venture capital activity picked up during the second week of September. No less than 32 Indian startups raised more than 315 million USD from September 5 to 10. Logistics platform Delhivery leads the pack with an investment of $ 76 million, followed by overseas education platform Leap which absorbed $ 55 million as part of the Series C funding. HomeLane, the home interiors startup, which mopped up a $ 50 million Series E funding round.

Here is the weekly round table of Indian startups for the second week of September

HomeLane, India’s Choice for One-Time Home Interiors, has announced a $ 50 million Series E financing round, led by IIFL AMC’s Late Stage Tech Fund, OIJIF II (Oman India Joint Investment Fund ) and Stride Ventures.

Agro-tech start-up Farmers Fresh Zone raised Rs 6 crore in a pre-Series A round from existing investors led by Indian Angel Network (IAN).

Prior to its IPO, Gurgaon-headquartered Delhivery raised $ 76.4 million from Lee Fixel’s venture capital firm Addition in a Series I funding round,

Nova Benefits, an employee wellness platform focused on corporate health insurance, has secured $ 10 million in funding, led by Susquehanna International Group (SIG) and Bessemer Venture Partners.

Leap has raised $ 55 million in a series of Series C financings from Owl Ventures, Harvard Management Company, Jungle Ventures and Sequoia Capital India.

Biotech startup IimmunitoAI said on Wednesday it had raised $ 1 million (over Rs 7 crore) in a seed funding round led by early stage venture capital fund pi Ventures.

CollegeDekho, a university admissions and education services platform, said on Wednesday it had raised $ 26.5 million (around Rs200 crore) in an ongoing funding round.

Agritech startup InfyU Labs raised Rs 1.8 crore in an IAN funding round.

Bengaluru-based tech start-up Neokred extended its startup cycle to raise an additional $ 500,000 in funding

WeRize, the socially distributed, full-stack financial services platform based in Bengaluru, announced on Wednesday that it had raised $ 8 million in Series A

VAHDAM India, which sells premium tea and wellness products, has raised Rs 174 crore from investors, including IIFL AMC’s private equity fund, to expand its business globally and enter new categories.

Bangladesh-based business-to-business (B2B) platform ShopUp, which merged with Bengaluru-based online fashion retailer Voonik in February 2020, raised $ 75 million in serial funding round B

Gigforce, the tech-focused, gig worker-focused staffing startup, said on Tuesday it had raised $ 3 million in a pre-Series A round led by Endiya Partners

Fleek, a Bengaluru-based subscription management platform, has raised $ 1 million in seed funding led by Axilor.

GoKwik – an e-commerce support company, whose mission is to democratize the shopping experience and increase GMV achievement for e-commerce businesses, raised INR 40 crore ($ 5.5 million ) during the pre-series cycle A.

Interior design startup Flipspaces has raised USD 2 million (around Rs 14.6 crore) from investors to fund expansion and growth plans. In a pre-series B round.

Zeotap, the next-generation customer data platform based in Bengaluru and Germany, has announced the raising of an $ 11 million extension of its Series C funding round.

Blockchain analytics startup BitsCrunch has raised Rs.5.5 crore in seed funding from a group of investors including tech firm Covalent, venture capital firms Double Peak and GenBlock Capital.

Pune-based food ingredients start-up Proeon recently raised INR 17.5 crore as seed money.

COGOS Technologies Pvt. Ltd, the Bangalore-based enterprise logistics company, announced on Tuesday that it had raised a total of $ 2 million in pre-Series A funding.

Mumbai-based gaming platform GameEon Studios has raised $ 320,000 in funding from the Mumbai Angels Network.

Healthcare logistics platform Biddano raised Rs 17 crore in fundraising round led by Coinbase and social media firm Pinterest board member Gokul Rajaram

B2B cross-border procurement and supply chain technology company Geniemode has raised USD 2.25 million (around Rs 16.4 crore) under the leadership of Info Edge Ventures.

Prolgae Spirulina raised $ 200,000 in a seed fundraiser from angel investor Vijayan.

Healthy food brand D2C Anveshan raised 3.67 crore rupees in funding round led by DSG Consumer Partners, with Titan Capital and Anjali Bansal from Avaana Capital

Bengaluru-based food tech startup GoodMylk has raised $ 1 million as part of a startup cycle extension from a group of domestic and international angel investors.

Drone delivery startup TechEagle Innovations Pvt. Ltd raised $ 500,000 in seed funding led by India Accelerator,

Startup Edtech Lido Learning has raised $ 10 million (around Rs 73.4 crore) from Ronnie Screwvala’s Unilazer Ventures.

Fieldproxy, a code-free SaaS platform to improve the productivity of field teams, today announced that it has raised 2 crore as part of its startup cycle.

Overseas education company Leap said it secured $ 55 million in Series C funding, led by Owl Ventures.

We Founder Circle (WFC) – a start-up investment platform, as an extension of its mission to fund early stage start-ups, has invested in Vidyakul, an online learning platform vernacular extracurricular line.

Coutloot, a Mumbai-based offline-to-online (O2O) social commerce platform raised $ 8 million in a pre-series funding round led by venture capital firm Ameba Capital.

Hype Luxury, a luxury car rental startup headquartered in Bengaluru, today announced in a statement that it has raised an undisclosed amount in pre-Series A financing

Dukaan, a retail platform that helps entrepreneurs set up an online store, has raised $ 11 million (around Rs 80.3 crore) under the leadership of 640 Oxford Ventures.

India and the US-based global media SaaS technology company Amagi Saturday said it raised more than $ 100 million in funding.

Chennai-based tech company ZohoZoho said on Tuesday it had invested Rs.35 crore in local MRI tech startup Voxelgrids

Boston-based deeptech startup Trillbit with an office in Bangalore raised $ 1.5 million as part of its seed fundraiser

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