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...
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...
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...
by Capital Group | Jun 13, 2022 | Initiatives
PhysicsWallah, an ed-tech platform, and Purplle, an online cosmetics merchant, have joined the unicorn club, and a fintech start-up has joined the unicorn club. This week, CRED’s market capitalization jumped to $6.4 billion. PhysicsWallah has become the...
by Capital Group | Jun 11, 2022 | Initiatives
HostBooks, a Gurugram-based finance business, has raised $3 million in debt financing in its Series A funding round. Fintech unicorn Razorpay led the round. The monies will be used to expand HostBooks’ operations and extend its existing product line. It will...
