Groww, an investment app for millennials in India, raises $6.2M

Groww, a startup hoping to make saving and investment opportunities more widely available to young people in India, has closed a $6.2 million Series A to grow its business. Founded in 2017, the Bengaluru-based company was part of Y Combinator in the U.S. last year and it went on to raise a $1.6 million “pre-Series A” […]

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Instamojo raises $7M to help SMEs and ‘micro-entrepreneurs’ in India sell online

In India, startups are quietly building the tools and platforms to enable a different kind of gig economy: one that allows ‘micro-entrepreneurs’ to tap growing access to the internet to sell goods and services online. One such figure helping this burgeoning economy is Instamojo, a seven-year-old Bengaluru-based startup, has pulled in a $7 million Series B […]

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Udaan, the e-commerce startup led by three former Flipkart executives, raises $225M

The trio announced this morning that their B2B e-commerce startup Udaan had raised $225 million in Series C funding. The cash infusion, according to Indian media reports, makes Udaan the fastest-ever Indian startup to be valued at over $1 billion.

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India’s Locus raises $4M to expand its logistics management service worldwide

Locus, a three-year-old startup that helps companies map out their logistics, has pulled in $4 million in funding to grow its global footprint outside of its native India. The round is described as pre-Series B and it was provided by Rocketship.vc, Recruit Strategic Partners, pi Ventures and DSP Group’s Hemendra Kothari. Existing backers Blume Ventures, Exfinity Venture […]

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