Article on May 25, 2021
Sentieo Raises $20M Series B Round
The round was led by Ten Coves Capital with participation from existing investors Centana Growth Partners and Studio Management. Ned May, a founder, and Managing Partner at Ten Coves Capital will join Sentieo’s board of directors. With this latest funding, Sentieo has now secured $62 million in total capital.
Read MoreFarEye Raises $100 Million From TCV, Others
FarEye’s existing investors include Honeywell, Eight Roads Ventures, and Fundamentum also participated in this round. The new funding also includes a minor debt raise.
Read MoreAtlan Bags $16 Mn In Series A Funding
The company plans to use the funding to expand its engineering and marketing verticals, current team strength, and double its team size by the end of 2021.
Read MoreScenes By Avalon Raises Pre-Series A Funding Round
With a growing rapid usage, the user base has been consistently expanding 70-80% per month for both DAUs and MAUs since its launch just 2 months back in March 2021.
Read MoreFlipkart Strengthens Supply Chain With 23,000 New Hires
The company said in a statement it is also undertaking training programs for its direct hires in various aspects of the supply chain.
Read MoreEndiya Partners Invest In Cell Therapy Company Eyestem
This investment will enable Eyestem to reach their goal of becoming one of the first few companies in the world to develop a treatment for Dry Age-related Macular Degeneration (Dry AMD), the leading cause of incurable blindness affecting almost 170 million people – mostly above 50 years of age – across the globe.
Read MorePharmEasy Buys Medlife
As per the deal, Pharmeasy will absorb Medlife's existing customers. To set up their accounts, Medlife's customers will have to log in on PharmEasy's mobile application using the same mobile number they were using Medlife.
Read MoreWill India Lose Facebook And Twitter?
Except for Koo, none of the social media intermediaries have appointed a chief compliance officer, a grievance officer, and a nodal contact person.
Read MoreAsirvad Microfinance Raises USD 15 mn In ECB From WorldBusiness Capital Inc
Proceeds from the loan, availed under the external commercial borrowing (ECB) norms, will enable Asirvad to expand its business of providing small loans to low-income women business owners in rural areas.
Read MoreStride Ventures Initiate Second Debt Fund, Targets More Than INR 1,000 Crore Fundraise
Stride will effectively have more than Rs 3,000 crore for funding startups through venture debt and offer multifaceted credit solutions to its portfolio companies.
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