Global Tech Industries Group, Inc. Provides Update Regarding its Trento Resources and Energy Corp. Subsidiary
New York, NY, March 24, 2022 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”),, 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.…
B2B sales intelligence firm raises $110 mn in Sequoia-led round
The platform helps over one million professionals across 160,000 companies automate their sales processes
Cake DeFi Introduces Cake DeFi Ventures To Back Web3, Metaverse & NFT Startups
Technology services and consulting provider Cake DeFi is launching a $100 million fund focused exclusively on Web3, Metaverse and NFT efforts
CommerceIQ enters unicorn club with $115 mn fundraise in Series D round
Company employs over 150 people out of its Bengaluru office, and is expected to nearly double the headcount by the end of the year
Fintech Startup Pocketly Bags Funding For Its Credit And BNPL Offerings
Pocketly bags $3 Mn funding in Pre-Series A fundraiser round, which it will use to build on credit and BNPL offerings
Fintech start-up Stilt secures $114m in debt and equity funding
Stilt, a US provider of loans and financial services for immigrants, has raised $14 million in a Series A funding round.
Growth financing platform Capchase raises $80m Series B funding
Recurring-revenue business lender Capchase has landed an $80 million Series B investment round.
IndiaMART Continues Investment Spree, Invests In HRTech Startup Zimyo
As part of its ongoing investment blitzkrieg, IndiaMART, has now invested INR 17 Cr in SaaS-based human resource startup, Zimyo.
Indian fintech CredAvenue turns unicorn with fresh $137 million funding
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 Money View lands $75m Series D funding
Indian fintech start-up Money View has raised $75 million in a Series D funding round, valuing the company at $625 million.
Jitendra Gupta’s Neobank Jupiter Rolls Out $4 Mn ESOP Buyback
Digital Banking and Fintech startup Jupiter has completed ESOP transactions worth $4 Mn, benefitting both past and present employees.
Kid-focused pocket money fintech Junio raises $6 mn in pre-Series A round
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, Venture Capital Investors To Pump $500 Million Into Africa’s Startup Ecosystem
Microsoft has already established partnerships with several key venture capital investors, including Banque Misr, Global Venture Capital and Get Funded Africa.
Nexus backed raises $110 million in Series C funding round
The funding round was led by Sequoia Capital
Paytm Alumni Founded Fintech Junio Raises $6 Mn To Scale Up And Bring Fresh Features
Delhi-based fintech startup Junio has raised $6 Mn in an unknown funding round led by UAE-based NB Ventures.
Pocketly raises $3 Mn in pre-Series A round
Fintech lending platform Pocketly has raised $3 million in debt and equity as part of its pre-Series A round led by Dholakia Ventures
Razorpay acquires payments tech start-up IZealiant Technologies 
IZealiant Team to continue to work out of Pune
Social Commerce Startup CityMall Raises $75 Mn From Norwest, Citius VC
Existing investors of CityMall such as WestBridge Ventures, Jungle Ventures, General Catalysts, Accel India, and Elevation Capital also participated
[Funding alert] raises $110M in Series C led by Sequoia Capital
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.
[Funding alert] Atlan raises $50M at $450M valuation led by Salesforce Ventures, Sequoia Capital India, and others
Atlan plans to use the funding to expand its current team across all functions and accelerate its go-to market strategy.
[Funding alert] Fintech startup Money View raises $75M in Series D round at at $625M valuation
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.
[Funding alert] Hiver raises $22M in Series B round from K1 Capital, others
SaaS startup Hiver plans to use the freshly raised capital to accelerate marketing and sales, and hire people in the tech and other verticals.
[Funding alert] Neobanking solutions startup CredoPay raises $5M in Pre-Series A round
Fintech enabler and neobanking solutions startup Credopay said that the funding will be used for product development, client acquisition, and marketing.
[Funding alert] OfBusiness lending unit Oxyzo turns unicorn with record $200M Series A from Tiger Global, Alpha Wave
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.
[Funding alert] Palo Alto-based Birdeye raises $60M in Series C from Accel-KKR
Birdeye will use this capital to accelerate its product development and expand its market reach into geographies such as Australia and the UK.
[Turning Point] How SaaS startup Perfios pivoted from personal finance management to credit underwriting analysis
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.
[Weekly funding roundup Feb 28-Mar 4] Steep decline in venture capital inflow
Venture capital investments into the Indian startup ecosystem began on a tepid note in March, leading to an uncertain environment for the weeks ahead.
last updated on 25 Mar 18:39