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Google backed CueMath, raises $57 M, doubles its valuation

CueMath, a Google-backed math learning startup, has raised $57 million in a new round led by Alpha Wave Global at a valuation of $407 million–a more than twofold increase in valuation.The new capital, according to the company, will fuel...

MoEngage Raises $77M, becomes the first Indian SaaS firm to Get Goldman Sachs Investment

MoEngage, became the first company on Wednesday to secure $77 million in Series E funding led by Goldman Sachs Asset Management and B Capital. This is Goldman Sachs Asset Management’s first investment in an Indian SaaS company.This is the...

StrideOne Makes a Big Stride, Raises $32M to Serve New Credit Services

StrideOne, a Stride Ventures' financial services platform has secured Rs 250 crore (about $32 million) from Elevar Equity in a combination of equity and debt financing.Located in Gurugram the company has been engaged in stealth mode for the past...

Sharechat Raises $300M at a Big Valuation of $5B

Mohalla Tech which owns Short video app Sharechat has raised nearly $300 million in funding from Google, Times Group, and Temasek Holdings.This investment becomes tech giant Google’s second investment in the short video space in the country after it...

Framework to Check Fake Reviews On Ecomm Platforms on the Anvil in India

The central government has committed to develop a framework to keep track of fake reviews on ecommerce platforms. According to a statement from the Ministry of Consumer Affairs, the Department of Consumer Affairs (DoCA) will design these frameworks.DoCa will...

Riverwalk Holdings to Invest Rs 150 Cr in Indian Startups

Riverwalk Holdings, an early-stage India-focused venture capital fund, launched its Rs 150 crore fund on Thursday, anchored by the Singapore-based Thakral Group and backed by Indian and Singapore-based business houses.According to a company statement, Riverwalk has a sector-agnostic investment...

Zoho makes a Rs 20 crore investment in GenRobotics

GenRobotics Innovation which develops robotics and Artificial Intelligence -powered solutions for hazardous working conditions has attracted investments from Chennai-headquartered technology company Zoho Corporation to a tune of Rs 20 crore (approximately $2.6 million).This investment is Zoho’s seventh in Indian...

Sequoia Capital New Cautionary Advise to its Portfolio Businesses

Sequoia Capital has issued another worldwide downturn advise, cautioning its portfolio businesses' founders not to expect a speedy recovery from current market conditions.The venture capital firm claimed in a 51-page study that lax monetary policies around the world have...

Will Apple bite more in India?

Apple, as it eyes to expand its production outside China, and avoid China’s strict anti-COVID policies, it will find India as the most attractive production destination.India will emerge as a sustainable option for Apple to look at from a...

Seclore to invest $27 M to hire more, add new customers

Oquirrh Ventures and Origami Capital led a $27 million Series C fundraising round for Seclore, a data-centric security platform provider. This new capital is aimed to consolidate Seclore strength as,the platform of choice, for enterprise data protection projects with...

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