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Jio to invest $200 mn in Singapore's AI-backed lock screen firm Glance

TMT

14 February, 2022

Jio to invest $200 mn in Singapore's AI-backed lock screen firm Glance

Glance, an artificial intelligence (AI)-driven lock-screen live content and commerce platform, has agreed to raise $200 million...

Sequoia's Surge writes $1.9 mn seed cheque to SaaS platform BiteSpeed

TMT

14 February, 2022

Sequoia's Surge writes $1.9 mn seed cheque to SaaS platform BiteSpeed

Actartly Technology Pvt Ltd, which runs software-as-a-service (SaaS) platform BiteSpeed, on Monday, said it has bagged seed funding...

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Slice-backer 8i Ventures to mark first close of its second fund by April

TMT

14 February, 2022

Slice-backer 8i Ventures to mark first close of its second fund by April

Homegrown venture capital (VC) firm 8i Ventures, which counts fintech unicorn Slice as one of its portfolio companies,...

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E-commerce accelerator Assiduus eyes $50 mn fundraising at $300 mn valuation

TMT

14 February, 2022

E-commerce accelerator Assiduus eyes $50 mn fundraising at $300 mn valuation

Assiduus Global, an AI-powered cross-border and cross-marketplace e-commerce accelerator, is in talks with several global funds...

PE/VC investments jump 180% YoY to $4.5 bn in Jan 2022

General

14 February, 2022

PE/VC investments jump 180% YoY to $4.5 bn in Jan 2022

Private equity (PE) and venture capital (VC) firms invested $4.5 billion in 117 deals last month, a 180% year-on-year (YoY) ......

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2am VC to launch second fund with eye on Gen Z

TMT

14 February, 2022

2am VC to launch second fund with eye on Gen Z

2 a.m. Ventures, a venture capital (VC) firm that focuses on investing in companies founded by younger entrepreneurs, popularly...

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Deals Digest: Companies raise $1.88 bn this week; 3 startups turn unicorns

TMT

11 February, 2022

Deals Digest: Companies raise $1.88 bn this week; 3 startups turn unicorns

Companies raised $1.88 billion in venture capital (VC) and private equity (PE) funding this week, and three startups Xpressbees,...

Mensa Brands leads Series A round in beauty brand RENEE Cosmetics

Consumer

11 February, 2022

Mensa Brands leads Series A round in beauty brand RENEE Cosmetics

Homegrown beauty brand RENEE Cosmetics has raised $10 million (Rs 75 crore) in its Series A round of funding led ......

VC-backed Imarticus Learning buys game-based learning platform StratOnBoard

TMT

10 February, 2022

VC-backed Imarticus Learning buys game-based learning platform StratOnBoard

CBA Capital-backed professional education platform Imarticus Learning Pvt Ltd has bought a game-based learning...

Zomato narrows losses with one-time gain, revenues jump 82%

Consumer

10 February, 2022

Zomato narrows losses with one-time gain, revenues jump 82%

Ant Group-backed food aggregator platform Zomato Ltd has sharply narrowed its consolidated losses to Rs 67.2 crore in the third...

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