Funding Alert

Stashfin Raises $270M to Multiply its Digital Lending Footprint

Stashfin, a digital lending venture announced today, that it has secured $270 million in equity and debt in Series C round, to augment its digital lending footprint.The firm offers customised solutions to its customers powered by its proprietary AI-based...

FinBox Secures $15M to launch new offerings, double workforce

FinBox, a Bengaluru-based B2B credit infrastructure fintech has secured $15 million (Rs 115 Crore) in Series A to scale its offerings and expand to South East Asia.Furthermore, the company revealed that it’ll be doubling its current workforce to power...

Gullak Money raises $1.3M, to expand new subscriber base

Gullak Money, a Bengaluru-based saving and investment app, raised $1.3 million in its pre-seed round for growth and marketing purposes.Going forward, Gullak is aims to touch one lakh monthly active users (MAU) and 10 lakh gross transaction value (GTV)...

FanClash Raises $40 Million, Bets Big on Fantasy Gaming Adoption

FanClash, the esports firm announced it has raised $40 million Series B funding to accelerate fantasy gaming adoption, and to build a global esports fantasy, data and fan engagement platform.“The company plans to use the funds raised for global...

This year, VCs in India cut 20% fewer deals than they did last year – Report

VCs in India, cut 20% fewer deals this year compared to the run rate of 130 deals each month last year, according to the India Private Equity Report 2022 by Indian Venture and Alternate Capital Association (IVCA) and Bain...

AlphaSense raises $225M, Double its Presence in India

AlphaSense has raised $225 million in a Series D financing round, led by the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs) and Viking Global Investors.Raj Neervannan, Co-founder and CTO at AlphaSense, revealed, “The Series D round...

upGrad Secures $225M, bucking the trend of fundraising slowdown

Unicorn upGrad, an Edtech firm has reportedly garnered $225 million in a fresh round of funding at a valuation of $2.25 billion.The Mumbai-based company offers, from test prep to study abroad, and undergrad degrees to campus courses in 250 universities....

G.O.A.T Secures $50M to Acquire, Scale New D2C Brands

G.O.A.T Brand Labs, the Tiger Global and Flipkart Ventures-backed D2C brand aggregator has garnered an investment of $50 million as part of its Series A1 round of funding from new and existing investors.Announcing the funding round, and way forward,...

Purplle Makes the Unicorn Leap with $33M Funding

Purplle which raised a fresh investment of $33 Million has become the newest member of the startup unicorn club, with a $1.1 billion valuation. The startup will be using the capital for business expansion and scaling its private brands.Apart...

Startup Kissht Raises $80M, to Bolster Ring Card adoption

Kissht, a Mumbai based fintech startup has chalked out plans to expand the adoption of its new card named Ring. As part of its growth strategy it secured $80 Million in funding round led by Vertex Growth and Brunei...

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