Page 33 - Funding
Village commerce tech startup 1Bridge raises $2.5 mn in fresh funding round
The funding was led by Netherlands-based impact investor C4D Partners, an early investor for the last 4 years
 "Village commerce tech startup 1Bridge raises $2.5 mn in fresh funding round")
T+1 will make India a pre-funding market for FPIs, says Asifma
Moving to a T+1 settlement would necessitate booking foreign exchange on T day or T-1 for local custodians
 "T+1 will make India a pre-funding market for FPIs, says Asifma")
VC firm Prime announces 4th fund of $100 mn with first close of $75 mn
The firm also expects to focus on new areas such as decentralised finance (DeFi)/crypto, electric vehicle and gaming infrastructure platforms
 "VC firm Prime announces 4th fund of $100 mn with first close of $75 mn")
Zetwerk joins unicorn club after raising $150-million in Series E funding
This is the second fundraise for the Bengaluru-based company in 2021
 "Zetwerk joins unicorn club after raising $150-million in Series E funding")
Location-tech firm Locale.ai raises $1.3 mn from Chiratae, Better Capital
Locale.ai works with customers like Bounce, Dunzo and Omni, a Costa Rican taxi firm, to deliver insights and analytics on their location data.
 "Location-tech firm Locale.ai raises $1.3 mn from Chiratae, Better Capital")
toothsi raises $20 mn in Series B funding round led by Eight Roads Ventures
The company had earlier raised $5 million as part of its Series A funding in January this year
 "toothsi raises $20 mn in Series B funding round led by Eight Roads Ventures")
When Iron Man backed agri start-up ClimateAi to fight climate change
ClimateAi was co-founded in 2015 by Himanshu Gupta, a former climate and energy expert with the Niti Aayog, along with Max Evans, a machine learning expert with a farming lineage
 "When Iron Man backed agri start-up ClimateAi to fight climate change")
Crypto firm FTX Trading's valuation rises to $18 bn after $900 mn funding
The latest funding comes as investor sentiment towards cryptocurrencies has somewhat soured after an initial euphoria earlier this year due to mounting regulatory concerns globally
 "Crypto firm FTX Trading's valuation rises to $18 bn after $900 mn funding")
Rooftop solutions co MYSUN raises Rs 15cr debt funding from Tata Cleantech
The firm recently launched its solar asset vehicle MYSUN+ to develop projects under the distributed and open access models with an investment of Rs 600 cr in the first phase
 "Rooftop solutions co MYSUN raises Rs 15cr debt funding from Tata Cleantech")
OYO raises $660 mn term loan funding from global institutional investors
Hospitality firm OYO on Friday said it has raised TLB funding of $660 million from global institutional investors and the capital will be used for paring debt and other business investments
 "OYO raises $660 mn term loan funding from global institutional investors")
BHyve raises $300,000 from JITO, Letsventure and other angel investors
Backed by 100X.VC earlier in May this year, BHyve will use the freshly infused capital for marketing, boosting sales and brand building
OneCode raises $5 mn led by Sequoia Capital's Surge, Nexus Venture Partners
OneCode's mission is to digitise 50 million sales agents across India, and bridge the gap between brands and potential buyers
 "OneCode raises $5 mn led by Sequoia Capital's Surge, Nexus Venture Partners")
Flipkart's valuation crosses $37.6 bn after raising $3.6 bn in funding
Flipkart is now among the 10 largest e-commerce companies in the world by valuation, according to experts
 "Flipkart's valuation crosses $37.6 bn after raising $3.6 bn in funding")
UK finance firm Tide raises $100mn in funding round led by Apax Digital
Company has a development centre in Hyderabad and plans a full launch in India next year
US blocks 14 Chinese tech companies with top Silicon Valley funding
US Department of Commerce has blocked 14 Chinese tech companies, including one with funding from top US-based investment firm Sequoia Capital, over links to human rights abuses against Uyghur Muslims
 "US blocks 14 Chinese tech companies with top Silicon Valley funding")
Game streaming platform Loco raises $9 mn from Lumikai, Korea's Krafton
The round also saw participation by Hashed, Hiro Capital, North Base Media, Axilor Ventures, and 3one4 Capital
CommerceIQ raises $60 million from Insight Partners, others
The startup will be using the funds for international expansion and product research and development
 "CommerceIQ raises $60 million from Insight Partners, others")
Smart city player Quantela raises $40 mn growth capital from Digital Alpha
Bags the first outcome based project from Kerala government in India
CityMall raises $22.5 mn in funding from General Catalyst, others
Recently, the company has expanded beyond daily-use products like groceries and FMCG products, into fashion, electronics, electrical appliances, cosmetics and others.
BrowserStack closes $200-million Series B funding at a $4-billion valuation
BrowserStack on Thursday announced that it had secured $200 million in Series B funding at a $4-billion valuation
 "BrowserStack closes $200-million Series B funding at a $4-billion valuation")