News Archives - Page 9 of 9 - MediaCatalyst : News - Opinion

26 Oct

Jumbotail Closes $11 Mn Funding in Series B2 Round

MediaCatalystInvestment, NewsHeron Rock, Jumbofund, Jumbotail, Nexus Venture Partners, Pimpernel Holdings, Reaction Fund, Siddhi Capital

Bengaluru, October 26, 2020: Jumbotail, a new retail platform and B2B marketplace for food and grocery products, has closed an $11M Series B2 round of funding led by Heron Rock, with participation from Jumbofund, Nexus Venture Partners, Siddhi Capital, Reaction Fund, Pimpernel Holdings and a group of HNIs and industry leaders. Jumbotail serves kirana stores via its full stack e-commerce model consisting of its B2B marketplace platform, an industry leading warehousing and last-mile delivery supply chain network, and a fintech platform for payment and credit solutions to kirana store owners. Jumbotail’s New Retail platform transforms kirana stores into modern omni-channel convenience grocery…

22 Oct

Signzy Raises $5.4 Mn Led by Arkam Ventures and Mastercard

MediaCatalystInvestment, NewsArkam Ventures, Kalaari Capital, Mastercard, Signzy, Stellaris Venture Partners

Bangalore, Oct. 21, 2020: Signzy, a ‘no code AI platform has raised $5.4M from Arkam Ventures and Mastercard. Signzy’s existing investors, Kalaari Capital and Stellaris Venture Partners also participated in the current round. Signzy, which offers a ‘no code AI platform’ that helps financial services automate risk and compliance processes, said that it is currently dealing with a massive surge in global demand for its solutions on account of the ongoing Covid-19 pandemic. The startup plans to invest to strengthen its AI research and global sales to tap into the increased demand. Ankit Ratan, co-founder of Signzy said, “The ongoing pandemic has…

12 Oct

Razorpay Raises $100 Million in Series D Funding Round

MediaCatalystInvestment, NewsMatrix Partners, Rabbit Capital, Razorpay, Sequoia India, Tiger Global, Y Combinator

Mumbai, Oct. 12, 2020: Razorpay today announced its Series D fundraise of $100 Million, giving the company more than $1 Billion in valuation. This round was co-led by GIC, Singapore’s sovereign wealth fund and Sequoia India, along with participation from Ribbit Capital, Tiger Global, Y Combinator and Matrix Partners. Razorpay helps businesses modernise their financial infrastructure by providing intelligent automated payment and banking solutions to manage their entire money flow, while they focus more on their strategic functions. The new funding gives Razorpay $206.5 Million in investments since its inception in 2014, That includes its recent raise, a $75 Million…

01 Oct

Israel-based Coralogix Raises $25M in Series B Funding

MediaCatalystInvestment, NewsCoralogix

Mumbai, Oct. 01, 2020: Israel-based Coralogix, provider of leading ML-powered log analytics and monitoring solution, today announced it has raised a $25 million Series B funding round, bringing the company's total amount raised to $41.2 million. New investors such as Red Dot Capital Partners and O.G. Tech VC (backed by Eyal Ofer) co-led the round with participation from existing investors Aleph VC, StageOne Ventures, Janvest Capital Partners, and 2B Angels. Barak Salomon of Red Dot Capital partners and Roy Oron of O.G. Tech Partners will join the board of directors. Coralogix, today also announced the launch of its real-time analytics solution. The announcement comes on…

15 Sep

CashKaro Raises USD 10 Mn in Series B Funding

MediaCatalystNews, StartupCashKaro, Korea Investment Partners

New Delhi, Sept. 15, 2020: CashKaro, Cashback and Coupons site has secured USD 10 million in a Series ‘B’ funding round led by Korea Investment Partners (KIP) and existing investor Kalaari Capital. The company had previously raised its Series ‘A’ and angel round of funding from Kalaari Capital, Mr. Ratan Tata, and London-based angel investors. “CashKaro has seen incredible growth over the last 2 years, while consistently reducing losses. We felt that it was the right time to raise money and use it to tactically scale up marketing, open up new brand building avenues, user-acquisition, product development, and hiring new talent. Our…

03 Sep

WinZO Raises $18MM in Series B Investment Round

MediaCatalystNews, StartupWinzo

MUMBAI, September 03, 2020: With the goal of disrupting Bharat’s vernacular entertainment, WinZO has announced its $18MM Series B investment round led by global interactive entertainment fund, Makers Fund based in Singapore, and New York-based Courtside Ventures. Both funds are making their first-ever investment in India through WinZO. WinZO plans to strengthen its content pipeline, captivate mobile-first consumers and their gaming needs, and become the go-to gaming app in India. The company’s revenue has grown 1500% and acquired 20MM users in the last 12 months, on the back of a strong word of mouth,product market fit with players who spend more than…