Pramugdha Mamgain

6 days ago | dealstreetasia.com | Pramugdha Mamgain

Battery swapping startup Battery Smart has secured $29 million in fresh funding as part of its ongoing Series B round, per media reports. Register now to enjoy 3 free articles per month, or log in to continue reading. Stay informed with complimentary articles each monthGain access to our exclusive newsletters delivered directly to your inboxBe the first to know about all our summits!Register nowAlready a Subscriber?

1 week ago | dealstreetasia.com | Pramugdha Mamgain

IPO-bound upskilling startup Imarticus Learning has acquired Bengaluru-based edtech platform MyCaptain for nearly $5.8 million, while the competition regulator has cleared the acquisition of B2B e-commerce platform Solv by Jumbotail Technologies. IPO-bound upskilling startup Imarticus Learning, on Thursday, announced that it has acquired Bengaluru-based edtech platform MyCaptain for nearly $5.84 million (Rs 50 crore). With this, Imarticus Learning has marked its fourth acquisition in four years.

1 week ago | dealstreetasia.com | Pramugdha Mamgain

Snabbit, an on-demand home services app, has secured $19 million in a Series B funding round led by venture capital firm Lightspeed, according to an official announcement. The round also saw participation from existing investors Elevation Capital and Nexus Venture Partners, both of whom backed the company in its earlier round. This latest investment closely follows Snabbit’s $5.5 million Series A round in January, which was led by Elevation Capital and also included Nexus Venture Partners.

1 week ago | dealstreetasia.com | Pramugdha Mamgain

Mumbai-headquartered Saarathi Finance, a newly established non-banking financial company, has raised nearly $55 million (Rs 475 crore) in its first round of funding, it announced on Wednesday. The Series A investment was led by notable investors, including TVS Capital Funds, Lok Capital, Evolvence Equity Partners, and Paragon Partners, along with several prominent angel investors, who together contributed Rs 350 crore.

1 week ago | dealstreetasia.com | Pramugdha Mamgain

Myntra Design, the fashion-focused e-commerce platform owned by Flipkart, has secured a fresh capital infusion of $125 million (approximately Rs 1,062.5 crore) from its Singapore-based parent company, FK Myntra Holdings. According to recent filings with the Registrar of Companies, cited by Entrackr, Myntra’s board approved the allotment of 19,43,753 equity shares at Rs 5,466 per share through a rights issue to raise the funds.