Capital Group, Author at Capital Group

LeadSquared, a SaaS startup, has raised $153 million, making it India’s 103rd unicorn

by Capital Group | Jun 21, 2022 | Initiatives

After earning $153 million in a Series C fundraising round from WestBridge, Bengaluru-based SaaS business LeadSquared has joined India’s unicorn club. It has entered the ranks of India’s enterprise tech unicorns like Amagi, Browserstack, and Zoho. The...

FinBox, a B2B Fintech SaaS startup, has raised $15 million to expand into Southeast Asia

by Capital Group | Jun 20, 2022 | Initiatives

A91 Partners led a $15 million (INR 115 crore) investment round for Bengaluru-based B2B financial SaaS firm FinBox. Along with current investors Arali Ventures, Aditya Birla Ventures, and Flipkart Ventures took part in the investment round. The funds will be used to...

Raise Financial Services, a Fintech platform plans to invest in early-stage startups

by Capital Group | Jun 17, 2022 | Initiatives

Raise Financial Services, a fintech platform based in India, wants to invest up to $500K in early-stage firms in the investech and wealthtech area. Pravin Jadhav, the founder of Raise Financial, announced the funds on Twitter on Thursday (June 16), saying they will be...

MEWT, a fintech startup, has received funding to launch a debit card for small businesses

by Capital Group | Jun 16, 2022 | Initiatives

Quona Capital led a $4.6 million seed fundraising round for mewt, a banking app for micro, small, and medium-sized businesses (MSMEs). BEENEXT, DG Daiwa Ventures, Goodwater Capital, and Allin Capital also participated in the financing. The cash will be used to hire...

Despite portfolio startup irregularities and difficulties, Sequoia closes its largest India and Southeast Asia fund at $2.85 billion

by Capital Group | Jun 14, 2022 | Initiatives

Sequoia India and Sequoia Southeast Asia have announced the closing of a $2.85 billion fund, with $2 billion dedicated to seed and development stage businesses in India. In addition, Sequoia’s first dedicated fund for the Southeast Asia area would get $850...