UK’s ThirdFort nabs $20M for tools to help with ID verification, and detect money laundering and payment fraud
Money laundering has been a hot topic of late in the UK, which is facing pressure to not just make tighter rules to track down the origins of money that’s spent on large assets in the country like prime real estate — the capital city has been dubbed by some as the “London laundromat” — […]
Agritech startup Otipy raises $32M in Series B led by Westbridge Capital
Agritech startup Otipy on Monday said it raised $32 million (Rs 235 crore) in a Series B round led by Westbridge Capital. Existing investors SIG and Omidyar Network India also participated in the round, the startup said in a statement. The Series B funding comes in six months after the Gurugram-based startup raised $10.2 million […]
Sequoia Capital India, STV back Dubai-based BNPL provider tabby in $54M extension round
Tabby, the Dubai-based buy now, pay later (BNPL) platform that lets users shop, pay later and earn cash from over 3,000 global brands, including Adidas, IKEA and Bloomingdale, has completed a Series B extension of $54 million. It follows tabby’s initial Series B round of $50 million announced last August that valued the company at […]
Captain Fresh raises $50M in Series C round
B2B animal protein marketplace Captain Fresh has raised $50M in a Series C funding round co-led by its existing investors Prosus Ventures and Tiger Global. The round also saw the participation of existing investors Accel India, Matrix Partners India, Ankur Capital, and Incubate Fund. This was the company’s third investment in 12 months, with its […]
Fintech startup CredAvenue enters unicorn club with $137M funding
Chennai-headquartered debt marketplace for enterprises CredAvenue announced that it has raised $137 million in a Series B round of funding, catapulting it to the famed startup unicorn club. The round, led by Insight Partners, B Capital Group and Dragoneer Investment Group, valued the company at $1.3 billion post-money, a 3X jump from its $410-million valuation […]
Infrastructure is broken, Gecko is using robotics to help fix it
Gecko Robotics’ mission statement is “To protect today’s critical infrastructure, and give form to tomorrow’s.” It’s certainly the sort of thing that rings true in the startup’s home town of Pittsburgh, where the Fern Hollow Bridge collapsed under the weight of five vehicles in late-January, the day President Biden was visiting to talk infrastructure. Gecko’s […]
Volocopter raises $170M, now valued at $1.87B, to fuel first commercial launches of flying taxi fleet in 2024
Volocopter, the startup out of southern Germany (Bruchsal) that has been developing electric VTOL (vertical takeoff and landing) aircraft and a business model for operating them in taxi-style fleets in urban areas, has picked up another big round of funding as it inches closer to its first commercial launches. It raised $170 million, funding that […]
Decipad wants to help everyone do data modelling
Decipad, a no-code startup that’s aiming to disrupt spreadsheets with accessible tools that empower people to play around with numbers, has nabbed $5 million in seed funding. Put simply, it’s building an interactive notebook to help non-technical people do data modelling. “We are building for people that lack the technical skill to do cool things […]
Fintech startup Junio raises $6M in Pre-Series A round led by NB Ventures
Delhi-based fintech startup Junio on Friday announced that it has raised $6 million (Rs 45 crore) in Pre-Series A funding round, led by UAE-based firm NB Ventures with significant participation from the Rajiv Dadlani Group. According to the official statement, the startup will use the freshly raised capital to bolster its team, roll out new […]
Owner.com whips up new tools for independent restaurants following funding
Six months after taking in its initial funding to provide independent restaurants with online ordering tools, Owner.com is back with an expanded suite of offerings around delivery and marketing automation after securing $15 million in fresh funding. Aiming to manage a restaurant’s entire digital presence, the company has relaunched itself to offer new tools for […]