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Matrix Partners

Fintech profitability doubtful in next 2-3 years: report

Finance

18 August, 2022

Fintech profitability doubtful in next 2-3 years: report

More than 70% of respondents believe most fintech companies may not be profitable in the next 2-3 years, owing to ......

Matrix-backed OTO secures venture debt from Stride Ventures

Finance

12 August, 2022

Matrix-backed OTO secures venture debt from Stride Ventures

OTO, an e-commerce platform and two-wheeler vehicle financier, has raised funding from venture debt firm Stride Ventures. According to regulatory filings, ......

OneCard becomes unicorn after $100 mn round

TMT

14 July, 2022

OneCard becomes unicorn after $100 mn round

Credit card startup OneCard’s parent FPL Technologies has raised $100 million (Rs 802.4 crore) in a Series D round led ......

Premium
Marquee VCs double down on new deals in 2022 despite 'winter'

Finance

04 July, 2022

Marquee VCs double down on new deals in 2022 despite 'winter'

Marquee Indian and global venture capital firms including Sequoia Capital India, Tiger Global, Accel, Alpha Wave Global and Blume Ventures ......

Matrix Partners leads funding in SaaS platform Sourcewiz

TMT

29 June, 2022

Matrix Partners leads funding in SaaS platform Sourcewiz

Sourcewiz, a software-as-a-service (SaaS) platform focused on digitization for exporters and export factories, has announced that they have raised Rs ......

Byju's, Oyo-backer Lightspeed gears up to raise 4th India-focused fund

Finance

24 June, 2022

Byju's, Oyo-backer Lightspeed gears up to raise 4th India-focused fund

Lightspeed, known for its bets on Byju’s, Oyo Rooms and ShareChat, has kickstarted the process to raise its new India-focused ......

Country Delight raises $108 mn in Series D round, valn at $615 mn

Consumer

25 May, 2022

Country Delight raises $108 mn in Series D round, valn at $615 mn

Country Delight, a direct-to-consumer (D2C) food essentials brand, has raised $108 million in Series D round taking its valuation to ......

Matrix Parners, Accel bet on MSME fintech startup NAKAD

Finance

25 May, 2022

Matrix Parners, Accel bet on MSME fintech startup NAKAD

NAKAD, a supply chain fintech for Indian MSMEs, has raised $7 million (around Rs 54 crore) in a seed funding ......

GoKwik snags $35 mn in Series B funding

Consumer

11 May, 2022

GoKwik snags $35 mn in Series B funding

E-commerce enablement platform GoKwik raised $35 million in its Series B round of funding led by Think Investments and RTP ......

Travel SaaS firm ITILITE snags $29 mn from Tiger Global, Tenacity Ventures, others

TMT

13 April, 2022

Travel SaaS firm ITILITE snags $29 mn from Tiger Global, Tenacity Ventures, others

Travel management startup ITILITE Technologies Pvt Ltd on Wednesday said it has secured Series C funding of $29 million (around ......