New York, NY, March 24, 2022 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that Vanor Capital Resources Limited (“Vanor Capital”), the underwriter of a $350,000,000 bond offering for Trento Inversiones SpA, has entered into a memorandum of understanding with Style Age, Inc., a U.S.…

The platform helps over one million professionals across 160,000 companies automate their sales processes

Technology services and consulting provider Cake DeFi is launching a $100 million fund focused exclusively on Web3, Metaverse and NFT efforts

Company employs over 150 people out of its Bengaluru office, and is expected to nearly double the headcount by the end of the year

Pocketly bags $3 Mn funding in Pre-Series A fundraiser round, which it will use to build on credit and BNPL offerings

Stilt, a US provider of loans and financial services for immigrants, has raised $14 million in a Series A funding round.

Recurring-revenue business lender Capchase has landed an $80 million Series B investment round.

As part of its ongoing investment blitzkrieg, IndiaMART, has now invested INR 17 Cr in SaaS-based human resource startup, Zimyo.

Debt marketplace CredAvenue, which helps businesses and enterprises secure debt from lenders, has become the fastest Indian fintech startup to join the unicorn club, it said on Sunday. The two-year-old startup has raised a $137 million Series B financing round led by Insight Partners, B Capital Group and Dragoneer, it said. The round values CredAvenue, […]

Indian fintech start-up Money View has raised $75 million in a Series D funding round, valuing the company at $625 million.

Digital Banking and Fintech startup Jupiter has completed ESOP transactions worth $4 Mn, benefitting both past and present employees.

UAE-based firm NB Ventures leads investment; The startup will use the capital to bolster its team, roll out new product features, and scale up customer acquisition initiatives

Microsoft has already established partnerships with several key venture capital investors, including Banque Misr, Global Venture Capital and Get Funded Africa.

The funding round was led by Sequoia Capital

Delhi-based fintech startup Junio has raised $6 Mn in an unknown funding round led by UAE-based NB Ventures.

Fintech lending platform Pocketly has raised $3 million in debt and equity as part of its pre-Series A round led by Dholakia Ventures

IZealiant Team to continue to work out of Pune

Existing investors of CityMall such as WestBridge Ventures, Jungle Ventures, General Catalysts, Accel India, and Elevation Capital also participated

The integrated B2B sales intelligence and engagement platform said it will accelerate its product-led growth, increasing its investment in product and engineering by nearly 300 percent to continue to build the best platform in its category.

Atlan plans to use the funding to expand its current team across all functions and accelerate its go-to market strategy.

Bengaluru-based fintech startup Money View plans to use the funding to scale the core credit business, grow the team, and expand its product portfolio.

SaaS startup Hiver plans to use the freshly raised capital to accelerate marketing and sales, and hire people in the tech and other verticals.

Fintech enabler and neobanking solutions startup Credopay said that the funding will be used for product development, client acquisition, and marketing.

The funds will expand Oxyzo’s broader digital financial services play organically and inorganically across a strong own balance sheet play, scaling the supply chain marketplace, launching innovative fixed income products for the SME space, and scaling other fee incomes business lines.

Birdeye will use this capital to accelerate its product development and expand its market reach into geographies such as Australia and the UK.

In this week’s Turning Point series, we look at Perfios, a SaaS platform for financial services industry. Founded in 2007, Perfios has top Indian financial services institutions as its customers.

Venture capital investments into the Indian startup ecosystem began on a tepid note in March, leading to an uncertain environment for the weeks ahead.