The top 10 funding rounds this week amounted to $825 million this week (between August 2 to August 7).
Aug 7, 2021
By: kritti.bhalla@timesinternet.in
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Two companies — BharatPe and MindTickle — entered the unicorn club (valued at more than $1 billion).
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Merchants-focused payments company BharatPe entered the unicorn club this week. The round was led by US-based investor Tiger Global.
Credit: BharatPe
Construction material e-commerce platform Infra.Market raised $125 million in a Series D round led by Tiger Global, at a valuation of $2.5 billion.
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MindTickle, a startup that helps small and large enterprises improve their sales, is the latest startup to enter the unicorn club. The company raised $100 million in Series E funding round led by SoftBank, at a valuation of $1.2 billion.
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Yellow.ai is a conversational customer experience automation platform that helps companies build chatbots and voice bots in more than 100 languages. It has raised $78.15 million in Series C led by WestBridge Capital along with Sapphire Ventures and Salesforce Ventures.
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Indian neobank Jupiter has raised $45 million in the latest funding round led by Nubank Global Founders Capital. A neobank is a digital bank without any physical branches.
Credit: BCCL
Zeni is an artificial intelligence (AI) powered fintech platform that offers services like bookkeeping, accounting and taxation, among others.
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MoEngage, which helps companies like Domino's engage with their customers, raised $32.5 million this week to go big on their international expansion plans. It plans to set up offices in New York and Boston.
Credit: MoEngage
Toothsi, which is a dental products company, has raised $20 million in a Series B funding round led by Eight Roads Venture. Think Investments and the Mankekar Family Office also participated in this round.
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Onsurity, a tech startup that provides healthcare-related services for small and medium businesses (SMBs) and startups, raised $16 million led by Quona Capital.
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Digital insurance aggregator RenewBuy raised $10 million from Evolvence Capital to close a $55 million Series C round.
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