CarDekho, an online marketplace for car sales in India, has pulled in a new $110 million Series C funding round from a clutch of existing investors to push deeper into financial services and insurance. Sequoia India, Hillhouse and Alphabet’s CapitalG led the round which also saw participation from Axis Bank, one of CarDekho’s financing partners. […]
View More Auto marketplace CarDekho grabs $110M to double down on insurance and financial servicesCategory: CapitalG
Robinhood hires CapitalG partner to lead operations
Robinhood’s human resources department is keeping busy this month, announcing this morning that the zero-fee stock trading app and cryptocurrency exchange has hired CapitalG partner Gretchen Howard.
View More Robinhood hires CapitalG partner to lead operationsBots replacing office workers drive big valuations
A lot of people still get paid to sit in offices and do repetitive tasks. In recent years, however, employers have been pushing harder to find ways to outsource that work to machines.
View More Bots replacing office workers drive big valuationsOn-demand trucking app Convoy raises $185M at $1B valuation
CapitalG, the growth equity arm of Alphabet, has led the $185 million round in Convoy, its first investment in the Seattle-based tech-enabled trucking network. The round brings Convoy’s total raised to $265 million and values the company at $1 billion. New investors T. Rowe Price and Lone Pine Capital participated in the financing alongside existing […]
View More On-demand trucking app Convoy raises $185M at $1B valuationGusto raises $140 million to go after small business payroll and benefits with more gusto
Gusto, which sells payroll, benefits and human resources management and monitoring services to small businesses, has raised $140 million in its latest round of funding. The company said it will use the money to add new services to increase payment flexibility for employees. The company launched a new service called Flexible Pay, which gives employees […]
View More Gusto raises $140 million to go after small business payroll and benefits with more gustoPondering an IPO, cyber security company CrowdStrike raises $200 million at over $3 billion valuation
CrowdStrike, the developer of a security technology that looks at changes in user behavior on networked devices and uses that information to identify potential cyber threats, has reached a $3 billion valuation on the back of a new $200 million round of funding. The company’s hosted endpoint security technology has seen tremendous adoption worldwide and […]
View More Pondering an IPO, cyber security company CrowdStrike raises $200 million at over $3 billion valuationCapitalG leads $21.5M investment in Aye Finance, its first deal in India
India is a major part of Google’s global focus. The company launched a new product in India last week as its program to bring free WiFi to the public registered its 400th railway station. Now, the U.S. tech giant is continuing to deepen its focus after CapitalG — its venture arm formerly known as Google Capital — […]
View More CapitalG leads $21.5M investment in Aye Finance, its first deal in IndiaUiPath confirms $153M at $1.1B valuation from Accel, CapitalG and KP for its “software robots”
Last week, we reported that UiPath, a startup out of Romania building AI-based services for enterprises in the area of robotic process automation (RPA) — helping businesses automate mundane tasks in back-office IT systems — was about to close a big round, upwards of $120 million at a $1 billion-plus valuation. Today, the company is making it official (and officially… Read More