Indian fintech startup BharatPe is in advanced stages of talks to raise about $250 million in a new financing round led by Tiger Global, two sources familiar with the matter told TechCrunch. The new round, a Series E, is giving the three-year-old New Delhi-headquartered firm a pre-money valuation of $2.5 billion, sources said, requesting anonymity […]
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Led by Tiger Global and investments from elite entrepreneurs, new fundraise to emphasize developer experiences and innovation as businesses continue prioritizing API-driven digital transformationNylas, the communications API platform for modern email, scheduling, and work automation tools for developers and enterprises, today announced it has raised $120 million in Series C funding.The investment brings Nylas’ total funding to $175 million, further accelerating the growth of both Nylas and the API economy.The round was led by Tiger Global Management with participation from existing investors Citi Ventures, Slack Fund, 8VC, Round13 Capital, Scale Asia Ventures, and more, as well as new investors including Owl Rock Capital, a division of Blue Owl, Blue Cloud Ventures, and individual contributions from Patrick Collison, Co-Founder and CEO of Stripe, and his brother John Collison, President and Co-Founder of Stripe, Sebastian Siemiatkowski, CEO of Klarna, and Tony Fadell, Founder of Nest and Principal at Future Shape.John Curtius, Partner at Tiger Global, will join the Nylas Board of Directors.“The fundamental shift towards digital communications and connectivity has companies across all industries increasingly leaning on developers to solve critical business challenges and build engaging product experiences.APIs have become core to modern software development and digital transformation,” said Gleb Polyakov, Co-Founder & CEO, Nylas.“Through our suite of powerful APIs, we give developers the tools needed to meet customer and market needs faster, create competitive differentiation through powerful and customized customer experiences, and generate huge operational savings through more productive, secure, and intelligently-automated development cycles.We’re thrilled to advance our mission to make the world more productive and are honored to have the backing of distinguished world-class investors and entrepreneurs.”Nylas will leverage the funds to further invest and scale its integrated and productivity-driven developer experience as well as support the influx of developers and companies using Nylas through the scaling of its go-to-market teams, product advancement, engineering, and customer support organizations.
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Apna, which is a professional networking and jobs platform for blue-and-grey collar workers, has now raised over $90 million so far and is now valued at $570 million, within 16 months of the product launch
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Apna, whose app went live just before the pandemic hit, has grown 50 times in the last 12 months thanks to unprecedented demand from segments like e-commerce and health care.Existing investors including Sequoia Capital India and Lightspeed India participated in the Series B funding round
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The round pushes Apna's valuation to around US$570 million.
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The potential investment from Tiger Global may bump up the valuation of Spinny to about US$800 million.
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If the deal pushes through, Classplus' valuation could go up to between US$200 million and US$210 million.
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Tiger Global is in talks to lead a $30 million round in Indian edtech startup Classplus, according to sources familiar with the matter. The new round, which includes both primary investment and secondary transactions, values the five-year-old Indian startup at over $250 million, two sources told TechCrunch. The new round follows another ~$30 million investment […]
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Briq, which has developed a fintech platform used by the construction industry,  has raised $30 million dollars in a Series B funding round led by Tiger Global Management. The financing is among the largest Series B fundraises by a construction software startup, according to the company, and brings Briq’s total raised to $43 million since […]
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Your investing strategy is your game plan for building a strong portfolio. However, It is significant to find the most suitable strategy to achieve your goal. We often devote our time to weekends, working days, and vacations but forget to make a plan for investing which is vital for successful wealth creation. Although it is not necessary, it can increase the chances of success. If you have ever read a book about investing, you will notice that most experts got success by implementing strategies like, hedgeing, asset allocation, tiger global hedge fund, value, growth, Short Selling. Its main focus is capital appreciation.
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Other angel investors who participated as a part of this round include founders of Cred, Groww, Unacademy, Livspace among others, with this round, Plum has raised a total of $20.6 million in funding
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Plum plans to use the fresh funds to scale their engineering, business development, and operations teams.
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The vast majority of people in India, the world’s second most populous nation, don’t have health insurance coverage. A significant portion of the population that does have coverage get it from their employers. Plum, a young startup that is making it easier and more affordable for more firms in the nation to provide insurance coverage […]
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Google, Facebook, Telegram, LinkedIn and Tiger Global-backed Indian startups ShareChat and Koo have either fully or partially complied with the South Asian nation’s new IT rules, according to two people familiar with the matter and a government note obtained by TechCrunch. India’s new IT rules, unveiled in February this year, require firms to appoint and […]
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Driven by the Recent Imperatives of Rapid Digital Transformation, The Largest Retailers Around the Globe Are Now Relying on Forter’s Real-Time Frictionless Fraud & Abuse Prevention Platform to Fuel GrowthForter, the leader in e-commerce fraud prevention, today announced it has raised $300 million in Series F funding led by Tiger Global Management, with participation from Third Point Ventures and Adage Capital Management.Existing investors also participated including Bessemer Venture Partners, Sequoia Capital, March Capital, NewView Capital, Salesforce Ventures and Scale Venture Partners.The announcement comes six months after the company completed its $125 million Series E round, almost tripling the valuation to $3 billion, and making Forter the most valuable privately held company ever in the fraud prevention industry.Forter will use the additional funding to continue expanding its global ecosystem of trust, enabling retailers, e-commerce platforms, issuing banks and payment providers to fight fraud together, boosting confidence and improving shopper experience across the entire purchasing journey.Over the last 12 months, Forter has:Doubled the size of its global network of merchants to exceed $250 billion in annual online transactions while protecting more than a billion shoppers globally;Grown revenue by more than 100%;Added leading global brands as customers including Farfetch, ASOS, SHEIN and Prime Trust.As part of the company’s continued expansion, Forter has more than tripled the number of employees within the APAC region and continues to grow its presence in Australia.“We have set a new standard for trust in commerce.Forter’s platform brings together merchants, banks and payment providers to dramatically improve authorization rates, eliminate false declines and allow consumers to shop with greater convenience and enjoy a more personalized, secure experience,” said Michael Reitblat, CEO and co-founder, Forter.“This transforms fraud prevention into a growth and revenue enablement engine for the entire consortium of participating merchants, ensuring our customers can attract, convert and retain the best shoppers.
In February, the platform said that Chinese investor Shunwei Capital has sold its minority stake in the company. Existing investors and a bunch of individuals bought out Shunwei’s stake in Bombinate Technologies, the parent of Koo and Vokal
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Koo intends to use the fresh round of funding to strengthen engineering, product and community efforts across all Indian languages.
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With this new round of funding, Koo's valuation has now risen to over US$100 million.
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With this new round of funding, Koo's valuation has now risen to over US$100 million.
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