Unacademy raises $150 mn from SoftBank, others
The deal values the Bengaluru-based edtech company at $1.45 billion, making it the latest entrant to India’s $1-billion valuation club.
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Covid-19 will shake up PE performance: Preqin
According to the Preqin-FRG model, while earlier vintages will suffer, 2018/19 vintage private equity funds will see higher returns as a result of the pandemic.
Zomato acquires Uber Eats in all-stock deal
The latest event of consolidation in the food tech space will further expand Zomato’s reach and give Uber a stake in a fast-growing restaurant aggregator.
Drip Capital raises $25 million from Accel, others
The fintech startup wants to fill the trade finance gap in India and globally by using technology to assess credit risk.
Unicorns: Beyond their wildest dreams
2018 belongs to unicorns in India, with eight startups achieving a valuation of $1 billion. As firms continue to attract funding from global investors, the unicorn party is far from over.
Observe.AI raises $8 mln
The California-headquartered company offers an artificial intelligence (AI) platform which provides call-centre agents with real-time feedback on customer sentiment.
ShopX raises $35 mn from Fung Strategic Holdings
The B2B ecommerce platform will use the funds to expand its network, strengthen its product technology and build new offerings.
Health tech startup HealthSignz raises $5 mln
The artificial intelligence-driven healthcare platform founded in 2014 is the latest healthcare startup to raise funding after Cure.fit and HealthPlix.
Edu services firm Nspira raises $75 million
The funding saw participation from Morgan Stanley Private Equity Asia, and BanyanTree Growth Capital II.
