Browsing Category
Startup-News
PayZen Raises $32M Series B to Expand “Care Now, Pay Later” Medical Bill Payment…
One of the leading companies offering payment plans for medical bills has closed a significant funding round that will fuel the expansion of its "care now, pay later" product. PayZen announced it has secured $32 million in a Series B round…
Investment App Syfe Raises $27M to Scale Accessible Wealth Solutions in Asia Pacific
Singapore-based wealth management platform Syfe has raised $27 million in its latest Series C funding round led by existing backers. The fresh capital injection will be used to scale operations and expand its easy-to-use investment…
Major Fintech Startup Shuts Down After Failing To Secure Needed Funding
In a surprising turn of events, the San Francisco-based fintech startup Tally has announced that it is shutting down operations after attempting but failing to obtain additional funding. Founded in 2015 to help consumers manage and pay down…
Ritesh Agarwal Raises $175 Million For Hospitality Unicorn OYO At Lower $2.37 Billion Valuation
Hospitality unicorn OYO has raised $175 million in a down round led by founder Ritesh Agarwal's Singapore-based investment firm Patient Capital. Existing investors such as J&A Partners and ASK Financial Holdings also participated in the…
Shadowfax unveils plans for mammoth IPO to dominate Indian logistics space
Leading logistics startup Shadowfax, which is backed by e-commerce giant Flipkart, is reportedly gearing up for a huge initial public offering (IPO). According to sources privy to the development, the company is looking to raise between Rs.…
HealthTech and Enterprise Startups Attract $112Mn in Indian Funding Last Week
Funding activity in the Indian startup ecosystem saw a significant decline last week compared to the preceding period, with startups collectively raising $112.9 million across 22 deals between August 5-10. This marks a near 50% drop from…
Flint Capital Secures $160 Million for Latest Venture Fund Thanks to Untraditional Investor Strategy
Flint Capital has raised $160 million for its latest fund thanks to a unique strategy for finding investors. By tapping tech entrepreneurs who have first-hand knowledge of building promising startups, the Boston-based venture capital firm…
CloudPay Secures $120M to Fuel Global Payroll Innovation
Reputable HR solutions provider CloudPay has successfully closed a substantial $120 million funding round led by private equity firm Blue Owl Capital. Formed over 25 years ago through the merger of two payroll companies, CloudPay has…
AI Startup Secures $50 Million to Help Companies Modernize Aging Systems
Digital transformation efforts can be risky, as outdated technologies struggle to keep pace with today's fast changing digital landscape. A new startup called Mechanical Orchard aims to reduce these risks by using artificial intelligence to…
Defense Tech Leader Anduril Lands Massive $1.5 Billion Funding Round to ‘Hyper-Scale’…
One of the biggest funding rounds of the year was secured this week by Anduril Industries, an innovative defense technology company looking to disrupt the status quo. The Palmer Luckey-founded startup raked in $1.5 billion in its latest…