Flashfood raises $12.3M to scale its grocery app that helps tackle retail food waste
Toronto-based Flashfood, a mobile marketplace that provides customers with access to discounted food nearing its best-by date, has raised $12.3 million in Series A funding led by S2G Ventures. The app allows users to browse through available deals at participating stores near them. Customers can also purchase items directly in the app and then pick […]
Locofast raises $15M from Chiratae, Stellaris, others
Locofast, a fashion supply chain platform, raised $15 million, in a Series A funding round, from Stellaris Venture Partners and Chiratae Ventures. The round, which is a mix of debt and equity, also saw participation from Kris Gopalakrishnan-led Axilor Ventures and angel investors including fintech firm Uni’s Nitin Gupta, and Suhail Sameer — BharatPe’s chief […]
Weee! delivers second big funding round in a year, this time backed by SoftBank
Coming off of a year where monthly active users grew 150% year over year, multicultural e-grocer Weee! secured $425 million in Series E funding toward its goal to be “the primary source for food at home,” Larry Liu, Weee!’s founder and CEO, told me. It’s been a few years since we dug into what the […]
Vedantu raises $100M, enters unicorn club
Edtech startup Vedantu announced that it has raised $100 million in a Series E round led by Singapore-based ABC World Asia. Existing investors Coatue, Tiger Global, GGV Capital, and WestBridge among others also participated in the round. With the fresh round, Vedantu’s valuation stands at $1 billion, making it the latest entrant in the unicorn […]