- Amazon Backs Capital Float With $22 Mn In Series C Funding SAIF Partners and Sequoia India-backed online lending platform Capital Float has raised $22 Mn in a follow-on Series C funding round of $22 Mn from Amazon Inc. A Capital Float spokesperson confirmed the development to Inc42. Earlier in August 2017, the startup raised $45 Mn in Series C funding led by Silicon Valley-based Ribbit Capital […]
- Kunal Shah Is Looking To Raise $30 Mn Capital For His New Venture Months after Freecharge founder Kunal Shah caused Twitter waves with his plans for a new startup in 2018, reports have surfaced that he is now looking to raise nearly $30 Mn in Series A funding for his startup. Reports quoted people close to the development to reveal that Kunal Shah will raise funds from venture […]
- 11 Year Old Pitch Deck Which Helped DropBox Land Sequoia Funding: Take A Look! “I wrote DropBox their first investment check on June 26, 2007. Little did I know back then what a momentous cheque this one would be: that 11 years later, Dropbox would be the first Y Combinator company to go public.” Jessica Livingston, the founding partner of the Seed stage venture firm Y Combinator, shared these […]
- VC Firm Sequoia Capital To Slash Sixth India Fund Size By 25% To $600 Mn-$700 Mn US-headquartered VC firm Sequoia Capital is reportedly slashing the size of its new India fund by 25%. This comes at a time when investors are taking a guarded approach towards the country’s burgeoning early-stage tech ecosystem. With names like Zomato, OYO Rooms, Ola, Grofers and BJYU’s among its portfolio companies, Sequoia Capital is looking to […]
- With $20 Mn Funding From Warburg, Sequoia, Capillary Technologies To Deepen Its CRM Footprint In Asia Capillary Technologies, a leading cloud-based omnichannel engagement commerce solution company that enables retailers to intelligently engage with their customers, announced that it has raised about $20 Mn funding over the past year from its existing investors, including Warburg Pincus and Sequoia Capital. The startup will use the proceeds to strengthen its new product development, powered […]
- Digital Gold Loans Provider Rupeek Gets $6.83 Mn In Funding From Accel, Sequoia Bengaluru-based online gold loan providing startup Rupeek has reportedly raised $6.83 Mn (INR 44 Cr) in a fresh round of funding led by Accel Partners in participation with Sequoia Capital. A report in VCCircle quoted Rupeek’s filings with the Ministry of Corporate Affairs (MCA) which revealed that Accel Partners invested $5 Mn (INR 32.55 Cr) […]
- VC Firm Sequoia Capital Plans To Raise $1 Bn India Fund VC (Venture Capital) firm Sequoia Capital is preparing to raise up to $1 Bn for its sixth fund called India Fund, as per four people familiar with the development. This would make it the firm’s largest India focussed fund raised ever. The plans for the new India Fund has come two years after the Silicon-based […]
- Online Home Interiors Startup HomeLane Raises $10 Mn In Funding Bengaluru-based online home interiors HomeLane has raised $10 Mn funding from Accel Partners, Sequoia Capital and RB Investments. The startup will deploy the funds to fuel growth and technology innovation to attract customers and designers alike, while also strengthening its operations in existing markets in the country. Commenting on the funding, G V Ravishankar, MD, […]
- Happay Raises $10 Mn Funding From Sequoia, Axiom Capital, Others Bengaluru-based fintech startup Happay has raised $10.1 Mn (INR 65.13 Cr) in a Series B funding round led by Sequoia Capital India. Singapore-headquartered private equity fund Axiom Capital, AME Cloud Ventures, Brad Garlinghouse of Oak Street Trust and US-based businessman Ben Nelson also participated in the round. As per filings with the Ministry of Corporate […]
- Exclusive: Sequoia Capital Leads $3.42 Mn Series A Funding In LocoNav Delhi-based integrated vehicle management startup LocoNav has raised $3.42 Mn (INR 22 CR) Series A funding from Sequoia Capital India and angel investor, Prateek Sharma. Of the total investment, Sequoia poured $3.41 Mn, while Sharma invested $10,843 in LocoNav. According to the company’s filings accessed by Inc42, the investment was made in the third week […]
- Sequoia Capital Sells Almost 1% Of Its Stake In Just Dial For $5.4 Mn Sequoia Capital, one of the early investors in local search service Just Dial has sold almost 1% of its stake in the company through open market transactions, making an earning of around $5.4 Mn (INR 35.55 Cr). The transaction took place on November 20, 2017. On the sale day, the weighted average value of the […]
- Organic Juice Startup Raw Pressery Raises $6 Mn From Sequoia, Saama Capital And DSG Consumer Partners Mumbai-based Rakyan Beverages, the parent firm behind packed juice brand Raw Pressery, has secured $6 Mn (INR 40 Cr) from existing investors Sequoia Capital, Saama Capital and DSG Consumer Partners. As per reports, the newly-raised financing will be used to bolster the startup’s expansion plans across the country and globally, in particular, the West Asian […]