India’s Meesho, which enables social commerce via WhatsApp, raises $50M

Meesho, a Bangalore-based social commerce startup, has closed a $50 million investment to grow its business in its Indian homeland ahead of future international expansion. This Series C round means that Meesho, which graduated Y Combinator in 2016, has now raised three funding rounds in the past year. Its $3.4 million Series A came in […]

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India’s new technology infrastructure has created a platform to build domestic tech giants

In the two years since Indian social media app ShareChat raised $4 million in funding from Lightspeed Ventures the converging trends of increasing smartphone use, wireless internet connectivity, and cashless banking have combined to create a new social media juggernaut. Now Lightspeed has confirmed that the company has raised an additional $100 million in financing […]

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SenseHawk, drone analytics for the solar industry, takes flight with $2M investment

The consumer market is just the tip of the iceberg for drones, which have the potential to deploy across a range of different industry verticals such as construction or agriculture. That’s the premise beyond SenseHawk, a U.S-India startup that specializes in using data captured by drones to develop insight for projects within the solar industry. The […]

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CapitalG 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 — […]

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Indian online insurance startup Coverfox lands $22M led by World Bank’s IFC and Transamerica

Coverfox, one of a handful of companies aiming to digitize insurance in India, has landed fresh funding via a $22 million Series C round that will be used to push into more rural parts of the country. The investment is led by IFC, a sister organization of World Bank, and U.S. insurance firm Transamerica, with participation […]

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TravelTriangle raises $12M to digitize India’s travel bookings

TravelTriangle, a startup that is digitizing travel agencies and travel bookings in India, has raised a $12 million Series C round led by Fundamentum. The startup operates like a travel booking platform to allow holidaymakers to choose and secure their travel plans online. It also works with offline travel agents to help them offer services, […]

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