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Chowis Company, a developer of skin, hair and scalp analysis solutions in South Korea, is introducing personalized hair diagnosis and management services in India through a new collaboration with L’Oréal Professionnel Paris. Chowis’ technology in scalp and hair analysis utilizes a smartphone-cradled hair analyzer called the Dermopico which can be easily attached onto a mobile […]
MUFG, also known as Mitsubishi UFJ Financial Group, and its subsidiary Mitsubishi UFJ Innovation Partners Co., Ltd. (MUIP) have jointly announced the establishment of the MUFG Innovation Partners No. 3 Investment Partnership, a fund with a capitalization of JPY 20 billion. MUFG has been actively engaged in various initiatives to meet the financial needs of […]
Prismforce, an India-based vertical software as a service (SaaS) firm, has announced recently that it raised fresh investments amounting to $13.6 million in series A of its funding round. In a statement, the company said that it will utilize the funds to enhance its product suite, strengthen go-to-market capabilities and grow its talent base. Series […]
Virtual events platform Airmeet has secured US$35 million in funding in its Series B financing round led by Prosus Ventures, Sequoia Capital India, and Sistema Asia Fund. The funding round was also joined by KDDI Open Innovation Fund, RingCentral Ventures, DG Daiwa Ventures and Nexxus Global alongside existing investor Accel India. Airmeet, which is an […]
SatSure, an Indian business that is at the convergence of spacetech, artificial intelligence (AI), and software as a service (SaaS), has raised $5 million in a round led by Baring Private Equity India Pvt. Ltd, joining ADB Ventures as investor. Flowstate VC, Force Ventures, IndigoEdge Advisors, Toch.ai, Nishchay Goel, and Saikiran Krishnamurthy also participated in […]
India gets its second crypto unicorn in less than two months with CoinSwitch Kuber raising $260 million funding in a Series C round led by 16z, American Venture Capital firm and Coinbase Ventures. This is the first investment in Indian startup by 16z. With this funding, CoinSwitch Kuber’s valuation has soared to $1.9 billion making […]
Meesho, an India-based social commerce platform has raised $300 million in a new funding round led by Softbank Vision. The funding has almost trebled the startup’s valuation from $700 million in 2019 to $2.1 billion. Existing investors Facebook Inc., Prosus Ventures, Venture Highway, Knollwood Investment, and Shunwei Capital also participated in the funding round. This […]
CoinDCX, India’s largest cryptocurrency exchange, announced that it raised $3 million in a Series A funding round co-anchored by Bain Capital Ventures.