Fundraising Archives - Capital Group

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...

All In Capital Launches A $10 Million Fund To Support Local Early-Stage Startups

by Capital Group | Jun 10, 2022 | Initiatives

All In Capital, a Mumbai-based venture capital firm, today announced the opening of a $10 million fund for early-stage entrepreneurs. In pre-seed and seed financing rounds, the sector-agnostic fund will invest between $100K and $500K. It focuses mostly on Indian...

ShopSe, a pay-later fintech startup, has raised $6.1 million to expand its lender relationships

by Capital Group | May 25, 2022 | Initiatives

ShopSe, a buy now pay later (BNPL) startup, has raised $6.1 million in Series A funding from BEENEXT, Chiratae Ventures, and White Venture Capital. White Venture Capital is led by Amrish Rau and Jitendra Gupta. ShopSe plans to expand its service to 150,000 more...

Smytten, a D2C sampling startup, raises INR 100 crore, doubling its valuation

by Capital Group | May 17, 2022 | Initiatives

Fireside Ventures and Roots Ventures led a pre-Series B fundraising round for D2C sampling platform Smytten, which raised INR 100 crore. Sharrp Ventures, Waao Partners, Survam Partners, and Sattva Group Family Office also participated in the fundraising round. Smytten...