Prosus Ventures and NewQuest Capital Partners led a USD90m Series E for India-based used electronics marketplace Cashify with participation from Paramark Ventures and follow-on from Blume Ventures, Bessemer Venture Partners and Olympus Capital. Read more… Read More
Stashfin, a Singapore-based neobank serving customers in India, raised a USD70m Series C with an additional USD200m in debt financing. Uncorrelated Ventures, Abstract Ventures and Fasanara Capital led, with follow-on from Tencent, Altara Ventures, Kravis Investment Partners and Snow Leopard. Read more… Read More
WestBridge Capital led a USD153m Series C for LeadSquared, an India-based SaaS CRM platform, with follow-on from Gaja Capital and other investors, at a reported USD1b valuation. Read more here and here… Read More
Alpha Wave Global led a USD40m Series B for India-based e-sports platform FanClash, with participation from Sequoia Capital India, Info Edge and Polygon. Read more… Read More
India-based e-commerce shipping platform Shiprocket acquired Pickrr, an e-commerce platform for D2C brands and small retailers, for USD200m. Pickrr is backed by IIFL, Amicus Capital, Ananta Capital, Omidyar and Guild Capital. Read more… Read More
GGV Capital, Asia Investment Capital and Goldman Sachs led a USD300m Series C for MegaRobo, a China-based developer of life sciences robots, with follow-on from Sinovation Ventures, Pavilion Capital and Starr Capital. Read more… Read More
Multiply Ventures reached a INR2.6b (~USD33.3m) final close for its first fund, which will make early-stage investments in fintech, edtech, retail and health in India. Read more… Read More
Launch Africa Ventures reached a USD36.3m final close for its first fund. The vehicle will invest in early-stage B2B and B2B2C startups across Africa. Read more… Read More
UpGrad, an India-based edtech for higher education, raised a USD225m round at a USD2.25 reported valuation from investors including Educational Testing Service and James Murdoch’s Lupa Systems. Read more… Read More
Alpha Wave Ventures led a USD45m Series C for India-based tea-focused café chain Chaayos at a reported USD225-250m valuation, with follow-on from Tiger Global, Elevation Capital and Think Investments. Read more… Read More
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