Category: Funding News

~DFAN has recently concluded funding for Goseeko, Dheeyantra and Gully Network~ ~ The company is looking at investing around INR 100 million in FY2021~ Digital Futurists Angels Network (DFAN), a global, community-backed Angel network has invested in Edtech startup Goseeko Technologies Pvt. Ltd., one of India’s emerging Edu-tech platforms providing curated, affordable and best-in-class higher education study material as per university syllabus. Goseeko aims to make higher education accessible and convenient across Tier 2-4 cities and towns thereby helping students transition from … Continue reading “Digital Futurists Angels Network (DFAN) invests in Edtech start-up Goseeko”

Fund sets aside INR 200 Cr for new investments over next 12 months Tomorrow Capital, a Mumbai-based $100-million venture capital fund, led the INR 47 Cr Series A investment round in Leverage Ed-tech Private Limited, a start-up that works to empower students across India to find and access the best-matched higher education options globally, and caters to the width of their needs. This is the fund’s second edtech investment in the last two months, based on their thesis of building … Continue reading “Tomorrow Capital leads INR 47 Cr Series A round in global education platform Leverage Edu, second investment in education space within a month after BeyondSkool”

Provides AI-driven Solutions that Optimize Merchandising for the Retail Industry Impact Analytics, Inc. (“Impact” or the “Company”), a leading provider of AI-driven SaaS solutions for planning & merchandising within the retail industry, announced today that it has closed an $11 million growth financing led by Argentum Capital Partners IV, L.P. In connection with the financing, Walter H. Barandiarán, Managing Partner at Argentum, has joined Impact’s Board of Directors. Impact’s industry-leading, next-generation AI-driven technology platform powers SaaS solutions aimed at optimizing the forecasting, planning and merchandising functions for retailers and consumer packaged goods (“CPG”) manufacturers. As the industry currently relies … Continue reading “Impact Analytics Raises $11M led by Argentum to Accelerate Growth”

The Saas platform helped raise an undisclosed client the sum, 2 months within the campaign. Marquee Equity a Saas platform connecting startups looking for funding to investors, venture capitalists, and angel investors has recently secured a funding of $3.8 million for a global client. With a network of over 3200 investors globally, Marquee secured meetings with sought after investors like Capital One, SignalFire, Arrowroot Capital, TTV Capital, Costanoa VC, Raptor Group, HWVP, and many more and achieved the required finding … Continue reading “Marquee Equity raises $3.8M from the top global investors like Capital One, SignalFire, Arrowroot Capital, TTV Capital, Costanoa VC, and Raptor Group”

Marquee Equity a SaaS platform, connects the new businesses with the right investors With the growing ecosystem of startups in India and worldwide, there has been a noticeable increase in the number of innovations, technologies in the market to make our day-to-day life easier. But in order to get the business up and running, requires seamless financial assistance. Marquee Equity a Saas platform acts as a bridge between the startups looking for funding and investors/venture capitalists/angel investors thus making the … Continue reading “Fundraising for startups made simple with Marquee Equity”

The gaming platform raised $95 million in a Series D round led by Composite Capital and Moore Strategic Ventures Mobile Premier League, Asia’s largest eSports and mobile gaming platform is now valued at $945 million after raising $95 million in a Series D round. The MPL gaming platform has over 60 million users in India and over 3.5 million users in Indonesia. With over 50 games across categories on its Android and iOS applications currently, MPL has worked with 28 … Continue reading “MPL valued at $945 million post latest fundraise”

●        Digital Campaign promotes early planning of investments in ELSS before March 2021 L&T Mutual Fund, one of India’s top asset managers with total AUM of Rs 70,191 crore (as on Nov 30, 2020), has launched an integrated digital campaign called ‘Late Lateef 2021’ to reiterate the importance of investing early in Equity Linked saving Scheme (ELSS) for tax saving. The essential theme of the campaign is to educate masses on avoiding procrastination in everyday life and the snowball effects of delaying … Continue reading “L&T Mutual Fund launches ‘Late Lateef 2021’”

MFI Industry serves 5.71 crore unique borrowers with 10.50 crore loan accounts Microfinance loan disbursals during the quarter jump 5 times to INR 31,261 crores, while the number of loans disbursed quadruple to 88 lakhs, compared to previous quarter, signifying steady progress towards normalcy. Performance Overview: Microfinance Universe based loans originated after February 2017 Gross loan portfolio (GLP) as on September 30, 2020, is INR 2,31,778  crores, an increase of 14.90 per cent YoY over INR 2,01,724 crores as on September 30, 2019 Total number of active microfinance … Continue reading “Microfinance loan portfolio stands at INR 2,31,778 crores as on September 30,2020: Micrometer Q2 FY 20-21”

As the first step towards supporting crypto startups in India, two leading players in the vibrant crypto space of India,  Ajeet Khurana and Pareen Lathia, has launched “Genezis Network” — a consortium of crypto experts to fund startups. They are investing in early-stage crypto startups working on problems with use cases. The cryptocurrency industry has a market capitalization of $550 billion. With NYSE’s parent company starting a cryptocurrency exchange to PayPal adopting Bitcoin to funds like Blackrock considering Bitcoin’s potential … Continue reading “Crypto Funding Consortium Genezis Network Launched”