Category: Funding

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September 10, 2019

InMobi’s Glance raises $45M to expand outside of India

Glance, a subsidiary of Indian mobile ad business firm InMobi, said today it has raised $45 million as it prepares to scale its business outside of India and expand its product offerings. The unnamed, maiden financing round for Glance was funded by Mithril Capital, a...


by Manish Singh in Apps
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September 5, 2019

8-month-old startup FPL Technologies raises $4.5M to improve credit card experience in India

An eight-month-old startup in India that wants to improve the user experience of credit card holders in the nation has received the backing of at least two major investors. Pune-based FPL Technologies said Thursday it has raised $4.5 million in its maiden financing round from...


by Manish Singh in Apps
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September 4, 2019

‘Mental fitness’ startup Elevate Labs launches a personalized meditation app called Balance

While investors are already writing big checks for meditation startups, Elevate Labs founder and CEO Jesse Pickard said that none of the existing meditation apps can replace the experience of working with a human coach. “This experience where you have somebody that meets with you...


by Anthony Ha in Apps
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August 27, 2019

Experian makes strategic investment in location data company PlaceIQ

PlaceIQ is announcing a strategic investment from credit reporting company Experian. CEO Duncan McCall said the investment is part of a growth round that PlaceIQ raised after divesting itself of its advertising business (which is being taken over by Zeta Global). He declined to disclose...


by Anthony Ha in Advertising Tech
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August 21, 2019

PayPal-backed money lender Tala raises $110M to enter India

Tala, a Santa Monica, California-headquartered startup that creates a credit profile to provide uncollateralized loans to millions of people in emerging markets, has raised $110 million in a new financing round to enter India’s burgeoning fintech space. The Series D financing for the five year-old...


by Manish Singh in Apps
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August 16, 2019

YC-backed Lokal wants to bring local news, classifieds to 900 million Indians in their regional languages

Each month millions of Indians are coming online for the first time, making India the last great growth market for internet companies worldwide. But winning them presents its own challenges. These users, most of whom live in small cities and villages in India, can’t speak...


by Manish Singh in Apps
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August 12, 2019

Sequoia leads $40M investment in mobile messaging startup Attentive

Attentive, a startup helping retailers personalize their mobile messages, is announcing that it has raised $40 million in Series B funding. The startup was founded by Brian Long and Andrew Jones, who sold their previous startup TapCommerce to Twitter. When they announced Attentive’s $13 million...


by Anthony Ha in Attentive
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July 31, 2019

Aspire raises $32.5M to help SMEs secure fast finance in Southeast Asia

Aspire, a Singapore-based startup that helps SMEs secure working capital, has raised $32.5 million in a new financing round to expand its presence in several Southeast Asian markets. The Series A round for the one-and-a-half-year-old startup was funded by MassMutual Ventures Southeast Asia. Arc Labs...


by Manish Singh in alibaba
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July 24, 2019

What lower Netflix pricing tells us about competing in India

At a conference in New Delhi early last year, Netflix CEO Reed Hastings was confronted with a question that his company has been asked many times over the years. Would he consider lowering the subscription cost in India? It’s a tactic that most Silicon Valley...


by Manish Singh in Amazon
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July 23, 2019

Mixhalo raises $10.7M to bring better sound quality to live events

Mixhalo — the startup co-founded by Incubus guitarist Mike Einziger and his wife, violinist Ann Marie Simpson-Einziger — has raised $10.7 million in Series A funding. The company’s initial goal was to bring better sound quality to concerts. Instead of hearing music blasted out of...


by Anthony Ha in foundry group