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Startup’s Funding this week || wk 38,2021

Pine Labs said on Thursday it has raised an additional $100 million, just weeks after securing $600 million in a financing round, as the Asian merchant commerce platform begins to explore the public markets.The U.S.-based investment management company Invesco Developing Markets Fund made the $100 million investment, the startup said in a statement. Pine Labs, which started its journey in India, was valued at $3 billion in its July financing round

Chennai-based M2P FINTECH, an API infrastructure company that enables businesses of any scale to embed financial products in their customer journeys, has announced an investment of $4 million in Livquik Technology….M2P said in a statement that this strategic investment will allow M2P to build on its ability to serve fintech to go to market faster with new and innovative products.

Easiloan.com, India’s first AI-enabled fintech solution for home loans has raised its maiden round of INR 80 million from Tomorrow Capital. This comes on the back of Easiloan demonstrating strong traction in what are still early days for the business. The start-up aims to utilize these funds for building further on their digital-only product, customer acquisition channels and activating new markets….

Small and medium enterprise-focussed fintech startup, GimBooks, has raised seed funding from a network of angel investors pooled by First Check Ventures through the US-based AngelList platform…The seed funding round was led by Ali Jamal, founding partner at First Check Ventures. US-based startup accelerator Y Combinator also participated in the round…..

BNPL fintech startup Paytail on Thursday announced that it has raised $1.5 million from Cholamandalam and other marquee angel investors as part of its seed round. Chola’s entry on will further strengthen the capital supply on the platform, which is a key ingredient required to scale up the BNPL fintech business…..

EdTech ….

Eupheus Learning, a Delhi-based B2B edtech startup, has raised $10 million in a Series C funding from Lightrock India, a global private equity platform. Through the fundraising, the startup will scale faster, pursue inorganic growth through acquisitions and democratise access to 21st century learning solutions to school students…..

Lido Learning has raised $10 million in a round led by Ronnie Screwvala-helmed Unilazer Ventures.The team said the new round of capital will be used to further fuel Lido Learning’s aggressive international expansion plans, which include entering the UK, Australia, New Zealand, and SouthEast Asia in early 2022, in addition to strengthening its existing Middle-Eastern, American, and Canadian operations……

Tinkerly, a Jaipur-based edtech startup, has raised Rs 6.5 crore in a round by Navneet Tech Ventures (a wholly-owned subsidiary of Indian publication and content provider Navneet Education Limited (NEL). With this round, the total funding raised by the startup has reached Rs 10 crore. The round witnessed additional participation from the existing investors SucSEED Angel Network, Keiretsu Forum, Divyashish Jindal (Head of Academics at Doubtnut), Chand Das (Former CEO of ITC Education), Saurabh Aggarwal (Co-founder Fitso, Acquired by Zomato), Marwari Catalysts, and others

EventBeep on Tuesday announced that it has secured an early-stage seed funding lead by SucSEED  Indovation Fund, Uincept, Palimala Ventures, and other angels. Eventbeep said it is on a mission to revolutionise the student’s ecosystem by levelling the playing field for the youth – helping them maximise their potential through peer-to-peer learning…….

Artificial Intelligence…

Vahan a Bangalore based jobs and livelihood platform has raised $8 million in its series A round of funding led by Silicon Valley investor Khosla Ventures. Vahan is a technology driven platform which helps the blue-collar workers to find the jobs that match their skills. It also assists the employers in finding the right candidate at the right price, at the right place and at the right time. The freshly infused funds will be utilised to grow the team, scale the business and build new products.

Written by Srikanth

Passionate Tech Blogger on Emerging Technologies, which brings revolutionary changes to the People life.., Interested to explore latest Gadgets, Saas Programs

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