In an investment round headed by Varanium Nexgen Fintech Fund and DMI Sparkle Fund, GetVantage has acquired $36 million. Along with Sony Innovation Fund, InCred Capital, and Haldiram’s Family Office, other existing investors including Chiratae Ventures and Dream Incubator Japan also participated in the round. With the most recent round, GetVantage’s total fundraising to date…
The $20 million Series B fundraising round for TaskHuman, a digital coaching platform, was led by Madrona and included current investors Impact Venture Capital, RingCentral Ventures, Sure Ventures, and USVP as well as new investors Gaingels, PeopleTech Angels, Propel(x), and Zoom Ventures. The total amount of investment raised by TaskHuman to date ($35 million) has…
Mukesh Ambani has announced that his daughter Isha Ambani will become the new chairperson of Reliance Retail in another effort to secure his heirs. She is Reliance Retail Ventures Limited’s current director. In a move that was a part of the 65-year-old billionaire’s succession plan in the $217 billion company, her twin brother Akash Ambani…
After Mukesh Ambani resigned as a director of the firm on June 27, Reliance Jio announced on Tuesday that its board has authorised the nomination of Akash Ambani as chairman of the board. In addition, the board accepted Pankaj Mohan Pawar’s appointment as managing director of Reliance Jio for five years during its meeting today.…
Cashify, an online marketplace, has secured $90 million in Series E funding. Prosus and NewQuest Capital Partners took the lead in the funding round. Bessemer, Blume Ventures, Olympus Capital, and Paramark Ventures are some of the current investors that took part. The most recent investment will be used for marketing, hiring, creating technical infrastructure, and…
CEIPAL, an AI-powered platform for automating talent acquisition, has secured $21 million in cash, including $16.5 million in its Series B round and $4.5 million in debt financing. Camden Partners served as the round’s lead investor. Along with previous investors, Mistral Venture Partners and Resolve Growth Partners, Top mark Partners and Evergreen Mountain Equity Partners…
Onesto Labs, which has been renamed Innovist, has raised USD 3.5 million in funding. Existing investors Accel Partners and 72 Ventures led the Pre-Series A-fundraising round. Sauce (Manu Chandra) and Arihant Patni (Patni Family Office) also participated in the round, as did new investors Jani Ventures Inc, Nihir Parikh, Rashmi Kwatra (Sixteen Street Capital), Alok…
CoachHub, an end-to-end digital coaching platform, has raised $200 million in a Series C fundraising round led by Sofina and SoftBank Vision Fund 2, with existing funders Molten Ventures, Silicon Valley Bank/SVB Capital, HV Capital, Signals Venture Capital, and Speedinvest also participating. CoachHub has already raised $330 million in total capital, just eight months after…
After 25 years of service, Microsoft is retiring its oldest browser, Internet Explorer. The search browser was released in 1995 as a Windows 95 add-on. The subsequent editions were either free or available as in-service packs. The Internet Explorer, sometimes known as the “OG” search browser, experienced a big boost in popularity in 2003 before…
Purplle, a beauty retailer, has announced that it has raised $33 million in its current Series E fundraising round, valuing the company at over $1 billion. According to numerous media sources, this latest milestone puts the start-up as India’s 98th Unicorn. Purplle, which competes with Falguni Nayar’s Nykaa beauty brand, had previously obtained four rounds…